HDFC Bank
PhonePe HDFC Bank Uno Credit Card
Annual Fee
₹589₹499 + GSTBase Reward
2% points
Foreign Markup
3.5%
Welcome Benefits
Get 50% of the Joining Fee Back as a PhonePe Gift Card on Your First RuPay Credit Card UPI Transaction, and the Remaining 50% as 10 Gift Cards on Continued UPI Spends
Product Highlights
- Affordable price of ₹499
- 2% Reward Points on PhonePe spends
- 1% Reward Points on select online merchants
Category Rewards
shopping
1 RP/₹100
1X
utilities
2 RPs/₹100 on PhonePe
2X
Fee Waiver
Renewal Fee Waiver on Annual Spends of ₹1 Lakh or More
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
PhonePe app
2% on PhonePe app — Recharges & Bills, Travel & Stays
Reward Calculator
Costs you ₹109/year
Break-even needs ~₹15,953/month at your reward mix.
₹13K
across all your buckets
1.9K
HDFC Reward Points
₹480
via statement credit · ₹0.25/pt
Effective rate
0.31%
Annual fee
₹589
Year 1 net
₹-109
Year 2+ net
₹-109
ongoing
Adjust your spend by reward bucket
2 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Excluded from rewards
emi, fuel, wallet, gift cards, cash advance, credit card bill payment, card fees, government, rent, education, insurance, investments, jewelry
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn 2 Reward Points for every ₹100 spent on Select PhonePe Spends like recharges, bill payments, movies, hotels, utilities, and more. Earn 1 Reward Point for every ₹100 spent on brands like Amazon, Flipkart, Myntra, Ajio, and more. Earn 1 Reward Point for every ₹100 on Scan & Pay UPI spends.
- 1 Reward Point = ₹1 (Redemption Against Statement). 1 Reward Point = ₹0.30 When Redeemed for Airmiles, Product Catalogue.
Benefits & Features
Domestic: N/A International: N/A N/A
Pros & Cons
Pros
- Affordable annual fee of ₹499
- Good rewards on PhonePe transactions
Cons
- No lifestyle perks such as airport lounge access
- Capped rewards on spending
Additional Info
Important: Reward Points capped at 500 per month for both PhonePe and other merchants.
Card does not offer any lifestyle benefits such as airport lounge access.
Joining fee can be effectively waived through PhonePe Gift Cards on UPI transactions.
Capped at 500 Reward Points each month for PhonePe spends and 500 Reward Points for other brands.
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Networks
Fee Waiver
Renewal Fee Waiver on Annual Spends of ₹1 Lakh or More