Fees read from issuer pageUpdated 2026-07-28

SBI Card

PhonePe SBI Card SELECT Black

₹1499 + taxes a year

LinePersonal
Joining feeNot stated
Annual fee₹1499 + taxes
Forex markupNot stated
airport lounge accessmilestone benefitsonline spendsco branded perksupi payments

Rewards, as stated by the issuer

  • 10 Reward Points per Rs. 100 on PhonePe spends
  • 5 Reward Points per Rs. 100 on online spends
  • 1 Reward Point per Rs. 100 on other spends
  • 10 Reward Points per Rs. 100 on eligible PhonePe spends

Other benefits

  • PhonePe e-Gift Card worth Rs. 1,500
  • Priority Pass Program Membership worth $99
  • 5 Reward Points per Rs. 100 on eligible online spends
  • 1 Reward Points = Re. 1
  • Redeem Reward Points against a wide array of vouchers or for cash
  • Please click here for detailed T&Cs
  • Get Yatra e-Voucher worth Rs. 5,000 on annual spends of Rs. 5 lakhs
  • Please click here for detailed T&C
  • Complimentary membership to Priority Pass Program worth $99 for first two years
  • Annual Fee reversal on spends of Rs. 3 lakh or more in previous membership year
  • Enjoy a 1% fuel surcharge waiver on every transaction between Rs. 500 and Rs. 4,000 at all petrol pumps across India
  • Maximum waiver of Rs. 250 per statement cycle
  • Tap & Pay with Ease: Make everyday payments effortlessly with PhonePe SBI Card SELECT BLACK. Simply tap your card on a secure reader for instant transactions
  • Fast & Convenient: No need to hand over your card or fumble for cash or coins. Tap and go for small, everyday payments in seconds
  • Secure Transactions: Your card stays in your hand during the transaction, reducing the risk of loss or fraud. Visa PayWave’s unique security key ensures that even if the card is tapped multiple times, only one transaction is processed
  • Click here for FAQs on contactless credit card
  • Click here for the list of Merchants enabled for contactless transactions
  • Withdraw cash from over 1 million Visa/Mastercard/American Express ATMs across the globe

Welcome & milestones

Welcome

  • PhonePe e-Gift Card worth Rs. 1,500. Please click here for detailed T&C

Milestones

  • Yatra e-Voucher worth Rs. 5,000 on annual spends of Rs. 5 lakhs
  • Annual Fee Reversal on spends of 3 Lakhs
  • Rs. 5,000 Yatra Voucher on spends of 5 Lakhs

Lounge access

Domestic: 4 complimentary domestic lounge visits every year (max. 1 per quarter)

Programme: Priority Pass

Eligibility

Income

  • Monthly income ₹50,000 - ₹99,999

Every fee line found on the page

  • Annual Fee:Rs. 1499
  • Renewal Fee (per annum): Rs. 1499 + taxes from second year onwards
  • What is Annual Fee and Renewal Fee of the card? The Annual Fee of the card is Rs. 1499 . The Renewal Fee is Rs. 1,499 + taxes from second year onwards
  • Get Yatra e-Voucher worth Rs. 5,000 on annual spends of Rs. 5 lakhs
  • Annual Fee reversal on spends of Rs. 3 lakh or more in previous membership year
  • Enjoy a 1% fuel surcharge waiver on every transaction between Rs. 500 and Rs. 4,000 at all petrol pumps across India
  • Yatra e-Voucher worth Rs. 5,000 on annual spends of Rs. 5 lakhs