PhonePe SBI Card Purple

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. 

Updated On - 15 Feb 2026

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.

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Features and Benefits of PhonePe SBI Card Purple

The features and benefits of PhonePe SBI Card Purple are as given below: 

  1. Welcome Benefit: As a welcome gift, you receive a PhonePe gift voucher worth Rs.500 upon payment of the joining fee. 
  1. Rewards Program: This card offers accelerated reward points on your spending. You can earn up to 3% value-back on select PhonePe and Pincode spends, and 2% on other eligible online spends. 
  1. Annual Fee Waiver: By achieving a spending milestone of Rs.1 lakh or more in the preceding year, you can have your renewal fee reversed. 
  1. Milestone Benefits: With this credit card, you earn a travel voucher worth Rs.3,000. This is awarded upon reaching an annual spending milestone of Rs.3 lakhs. 
  1. Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver at all petrol pumps in India. This waiver is applicable on transactions between Rs.500 and Rs.3,000, with a maximum waiver of Rs.100 per statement cycle. 
  1. Flexipay: With the Flexipay feature, you can convert your large transactions of Rs.2,500 or more into easy monthly installments. This allows for convenient repayment and financial flexibility. 
  1. Balance Transfer on EMI: You also get a balance transfer facility with this credit card. You can transfer the outstanding balance of other bank’s credit card to your PhonePe SBI card Purple to avail yourself the benefit of lower interest rate.
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Documents Required to Apply for PhonePe SBI Card Purple:

The documents required to apply for the PhonePe SBI Card Purple are as mentioned below:  

  1. Proof of Identity: PAN Card, Aadhaar Card, Passport, Voter's ID, or Driver's License. 
  1. Proof of Address: Aadhaar Card, Utility Bill (not more than 3 months old), Ration Card, or Passport. 
  1. Proof of Income: Latest salary slips (for salaried individuals), bank statements, or Income Tax Returns (ITR). 
  1. Multiple copies of passport-sized photographs. 

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. 

Fees and Charges of PhonePe SBI Card Purple

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 

  1. For Statement Balance: Up to Rs.500: Nil
  2. Above Rs.500 up to Rs.1,000: Rs.400
  3. Above Rs.1,000 up to Rs.10,000: Rs.750
  4. Above Rs.10,00 up to Rs.25,000: Rs.950
  5. Above Rs.25,000 up to Rs.50,000: Rs.1,100
  6. Above Rs.50,000: Rs.1,300 

How to Apply for PhonePe SBI Card Purple?

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.  

FAQs on PhonePe SBI Card Purple

  • What are the joining fees and annual fees for the card?

    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. 

  • Can I redeem my reward points for cashback?

    Yes, you can redeem your accumulated reward points for cashback or vouchers at a value of 1 reward point equal to Re.1. 

  • Does this credit card offer any welcome benefits?

    Yes, upon payment of the joining fee, you receive a PhonePe gift voucher worth ₹500, which effectively offsets the joining fee. 

  • Can I get a waiver on the annual fee for this credit card?

    Yes, the annual fee can be waived if you spend Rs.1 lakh or more in the preceding year.  

  • How can I apply for the PhonePe SBI Card PURPLE?

    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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