PhonePe SBI Select Black Credit Card 2025
Save over ₹30,000+ every year with 5% cashback on daily online spends + LTF!
India’s best online spending card of 2025! PhonePe SBI Select Black gives 5% unlimited cashback on PhonePe wallet loads, Swiggy, Zepto, Blinkit, Myntra, Nykaa + becomes Lifetime Free on just ₹2 lakh annual spend.
Must-have for every PhonePe + food delivery + quick commerce user!
Why Choose PhonePe SBI Select Black in 2025?
5% PhonePe + Swiggy + Zepto • ₹2,000 welcome • LTF on ₹2L • 4 domestic lounges • 1.99% forex
Best for: Online shoppers, food delivery, quick commerce, UPI users
Premium Online Card – ₹1,499 + GST Fee (LTF on ₹2 Lakh Spend)
Card At a Glance
₹1,499 + GST
₹1,499 + GST (LTF on ₹2L)
5% on select online brands
4 Domestic visits/year
₹2,000 cashback
1.99%
Complete Fees & Charges
| Particulars | Details |
|---|---|
| Joining Fee | ₹1,499 + GST |
| Annual Fee | ₹1,499 + GST (Waived on ₹2 Lakh spend) |
| Welcome Benefit | ₹2,000 cashback |
| Rewards Redemption Fee | Zero |
| Foreign Currency Markup | 1.99% + GST |
| Interest Rate | 3.75% per month |
| Fuel Surcharge Waiver | 1% (max ₹250/month) |
Detailed Reward Rates (2025)
- 5% unlimited cashback on PhonePe wallet load & transactions
- 5% cashback on Swiggy, Zepto, Blinkit, Myntra, Nykaa
- 1% cashback on all other spends
- Cashback directly to bank account
- No expiry on cashback
Airport Lounge Access
4 complimentary domestic lounge visits per year (1 per quarter)
Primary + add-on combined
Insurance & Protection Benefits
- ₹1 Lakh lost card liability
- Zero fraud liability after reporting
- Fuel surcharge waiver up to ₹250/month
Pros & Cons (Real User View)
| Pros | Cons |
|---|---|
| 5% on PhonePe + food + quick commerce | Only 4 lounge visits |
| Easy LTF on ₹2L spend | Rewards limited to select brands |
| Lowest 1.99% forex | |
| Direct cashback to bank |
Eligibility Criteria & Documents Required
- Age: 21–60 years
- Minimum Income: ₹50,000/month
- Credit Score: 750+
- Documents: PAN, Aadhaar, salary slip / ITR
How to Apply Online (5-Minute Process)
- Visit SBI Card website → PhonePe Select Black
- Apply via PhonePe app for instant approval
- Upload documents → Video KYC
- Card delivered in 7 days
Final Verdict – Should You Get It in 2025?
Best online spending card of 2025! If you use PhonePe + Swiggy + Zepto regularly, this card gives ₹25,000–40,000+ value yearly + becomes Lifetime Free easily!
Frequently Asked Questions (FAQs)
5% PhonePe pe really unlimited?
Yes! No cap, 5% on every PhonePe transaction.
LTF kaise milega?
₹2 Lakh annual spend = next year fee waived forever.
Cashback kahan aata hai?
Directly to your bank account within 3 days.