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SBI Card
PhonePe SBI Card SELECT BLACK
Visa
PhonePe SBI Card SELECT BLACK
The higher tier of SBI's 2025 PhonePe co-brand pairs up to 10% value back on essential PhonePe transactions with domestic lounge access and a Priority Pass — a strong pick for frequent PhonePe/UPI spenders willing to pay a ₹1,499 fee.
Rates and fees last verified 15 July 2026.
Annual fee
₹1,499
Joining fee
₹1,499
Reward type
points
Base reward rate
1%
Card network
Visa
Card tier
Mid
Benefits by category
- ✈️ Travel
4 complimentary domestic lounge visits per year (1 per quarter) plus complimentary Priority Pass membership for international lounges
- 🛍️ Shopping
10% reward rate
- ⛽ Fuel
1% fuel surcharge waiver on transactions between ₹500 and ₹4,000
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 750
- Minimum monthly income: ₹25,000
- Employment: salaried, self-employed
- Age: 21–70
Benefits
- Joining fee fully refunded as a PhonePe e-gift voucher after the first transaction
- ₹5,000 travel voucher on ₹5,00,000 annual spend
- 4 complimentary domestic lounge visits per year (1 per quarter) plus complimentary Priority Pass membership for international lounges
- 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000
Pros
- + Up to 10% value back on PhonePe essentials
- + 4 domestic lounge visits plus Priority Pass
- + Meaningful ₹5,000 milestone travel voucher
Cons
- − High reward rates concentrated in the PhonePe app
- − ₹3L spend needed to waive the fee
- − Standard 3.5% forex markup