The PhonePe SBI Credit Cards - SELECT PURPLE is a co-branded card designed for the modern digital consumer. It offers a rewarding experience with up to 3% cashback on select PhonePe spends, including recharges and bill payments.
The card is ideal for those who frequently use PhonePe and want to maximize their savings on everyday digital transactions. With an easy-to-achieve annual fee waiver, it's a value-packed option for a wide range of users.
The features and benefits of PhonePe SBI Card Purple are as given below:
The documents required to apply for the PhonePe SBI Card Purple are as mentioned below:
The application process is initiated through the PhonePe application, hence some of these details are pre-filled or verified through a digital process, such as a video KYC.
Note: The documents listed above are in general, and you may be required to submit additional documents based on your application and internal bank policies.
The fees and charges associated with the PhonePe SBI Card Purple are as follows:
Parameter | Fees |
Annual Fee | Rs.499 plus taxes |
Renewal Fee | Rs.499 plus taxes |
Add-on Card Fee | Nil |
Late Payment Fee |
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PhonePe SBI Card Credit Card - SELECT PURPLE has a fully digital and seamless application process. There are few steps involved in the application process:
Step 1: The application process is primarily initiated directly through the PhonePe app. The card is being rolled out in phases to eligible PhonePe users.
Step 2: Enter your personal details within the PhonePe app. The application process is swift, taking as little as two minutes.
Step 3: You must complete the Know Your Customer (KYC) process with an SBI Card. This is a mandatory and crucial step to verify your identity and information.
Step 4: The KYC process often includes a video call with a representative from SBI Card. You must have your physical PAN card and a stable internet connection for this step.
Step 5: After the video KYC, you will digitally sign the application documents. This is typically done by entering your Aadhaar number and a one-time password (OTP) to digitally authenticate the forms.
Once approved, a virtual card is issued immediately, allowing you to begin using it for online transactions. The physical card is then dispatched.

The one-time joining fee and the recurring annual fee for this card are both Rs.499, plus applicable taxes. The annual fee starts in the second year.
Yes, you can redeem your accumulated reward points for cashback or vouchers at a value of 1 reward point equal to Re.1.
Yes, upon payment of the joining fee, you receive a PhonePe gift voucher worth ₹500, which effectively offsets the joining fee.
Yes, the annual fee can be waived if you spend Rs.1 lakh or more in the preceding year.
The primary way to apply is through the PhonePe app. The process is fully digital, requiring you to enter details on the app and complete a KYC process with SBI Card. You can also apply offline by visiting the nearest SBI branch or online through the official SBI Card website.

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