PhonePe SBI Card SELECT BLACK
SBI Card
Last verified: 23 Sept 2026
Reward Program
| Category | Earn Rate | Monthly Cap |
|---|---|---|
Recharges, utilities, bill payments, insurance and travel paid through PhonePe | 10% | ₹1,500/monthly |
Eligible online spends | 5% | ₹1,000/monthly |
| All other spends | 1% | No cap |
Redemption fee: 99
Managed via SBI Card Rewards, PhonePe app
Transfer partners
Live Offers
63 activeBenefits
Lounge Access
1 domestic visits/quarter
0 international visits/quarter
4 complimentary domestic lounge visits every year, maximum 1 per quarter. Complimentary Priority Pass membership worth $99 for the FIRST TWO YEARS only — the membership gives access to international lounges but SBI publishes no complimentary international visits, so international_lounge_per_quarter is 0.
Fuel Surcharge Waiver
1% fuel surcharge waiver on every transaction between ₹500 and ₹3,000 at all petrol pumps across India, capped at ₹100 per statement cycle per credit card account. Fuel spend earns no Reward Points.
Welcome Benefit
PhonePe gift card worth ₹1,500
Milestone Benefits
Reward Calculator
Assumes the best-paying merchant everywhere, so read it as a ceiling rather than an average.
What this card is worth
Open a section and enter what you actually spend. Everything updates as you type.
Fees & Charges
| Joining Fee | ₹1,499/yr |
| Renewal Fee | ₹1,499/yr |
| Fee Waiver | Spend ₹3,00,000/year |
| Forex Markup | 3.5% |
| Interest Rate | 45% p.a. |
| Cash Advance Fee | 2.5% of the transaction amount, subject to a minimum of ₹500, at domestic and international ATMs. |
| Reward Redemption Fee | 99 |
