PhonePe SBI Card PURPLE VS PhonePe SBI Card SELECT BLACK
Both PhonePe SBI Card PURPLE and PhonePe SBI Card SELECT BLACK suit shopping-focused spenders, but they earn and cost differently. PhonePe SBI Card PURPLE costs ₹499 + GST and earns 3 Reward Points on ₹100 PhonePe spends, 2 Reward Points on ₹100 online spends, 1 Reward Point on ₹100 other spends. PhonePe SBI Card SELECT BLACK costs ₹1,499 + GST and earns 10 Reward Points per ₹100 on eligible PhonePe spends, 5 Reward Points per ₹100 on eligible online spends, and 1 Reward Point per ₹100 on all other spends. PhonePe SBI Card PURPLE also brings welcome PhonePe Gift Card worth ₹500, while PhonePe SBI Card SELECT BLACK counters with enjoy 4 complimentary domestic lounge visits every year, with a maximum of 1 visit per quarter. Weigh the fee against the reward rate above to see which fits your spending pattern better.
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
PhonePe SBI Card PURPLE
PhonePe SBI Card SELECT BLACK
Who is it for?
Who is it for?
Pros
Key benefits and features.
Enjoy a high reward rate of 3% on all eligible PhonePe spends, maximizing value.
Receive a valuable milestone benefit: a ₹3,000 Yatra voucher on ₹3 lakhs annual spend.
Benefit from a welcome PhonePe Gift Card worth ₹500, adding immediate value upon joining.
The annual fee is easily waived on a reasonable annual spend of just ₹1 lakh.
Enhanced security features with Chip and PIN technology protect your transactions effectively.
Pros
Key benefits and features.
Earn a high reward rate of 10 Reward Points per ₹100 on eligible PhonePe spends.
Receive a valuable PhonePe e-Gift Card worth ₹1,500 as a welcome benefit.
Benefit from a significant Yatra e-Voucher worth ₹5,000 on annual spends of ₹5 lakhs.
Enjoy comprehensive lounge access with 4 complimentary domestic visits and Priority Pass international membership for two years.
The annual fee can be reversed on achieving a reasonable spend threshold of ₹3 lakhs.
Cons
Key drawbacks and limitations.
Lack of explicit details on interest rates, foreign currency markup, and other common charges.
No explicit mention of lounge access or other premium travel/lifestyle benefits.
Reward earning caps are not specified for any category, leading to uncertainty.
The term 'eligible' spends implies unstated exclusions for reward earning.
Cons
Key drawbacks and limitations.
The complimentary international lounge access (Priority Pass) is limited to the first two years.
The annual fee is not waived for the first year, only reversed from the second year onwards.
No specific benefits are mentioned for dining, movies, or golf, which might be a drawback for some users.
Reward points are earned on "eligible" spends, implying certain exclusions may apply.
The reward redemption value is fixed at 1 RP = Re. 1, which may offer less flexibility compared to other cards.