PhonePe HDFC Bank Uno Credit Card
HDFC Bank
Annual Fee
₹499
Joining Fee
₹499 + GST
Base Reward
2% points
Foreign Markup
3.5%
Fee Waiver
Renewal Fee Waiver on Annual Spends of ₹1 Lakh or More
Interest Rate
3.75% per month (45% annually)
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
Rewards
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.
Redemption
1 Reward Point = ₹1 (Redemption Against Statement). 1 Reward Point = ₹0.30 When Redeemed for Airmiles, Product Catalogue.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
shopping | 1%(1 RP/₹100) | No cap |
utilities | 2%(2 RPs/₹100 on PhonePe) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| PhonePe | 2 RPs/₹100(Capped at 500 Reward Points/month) | online |
| Amazon | 1 RP/₹100(Capped at 500 Reward Points/month) | online |
| Flipkart | 1 RP/₹100(Capped at 500 Reward Points/month) | online |
| Myntra | 1 RP/₹100(Capped at 500 Reward Points/month) | online |
| Ajio | 1 RP/₹100(Capped at 500 Reward Points/month) | online |
| Uber | 1 RP/₹100(Capped at 500 Reward Points/month) | online |
| Swiggy | 1 RP/₹100(Capped at 500 Reward Points/month) | online |
| Zomato | 1 RP/₹100(Capped at 500 Reward Points/month) | online |
Benefits & Features
Domestic: N/A International: N/A N/A
Fees & Charges
Eligibility
Available Networks
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