Share

PhonePe HDFC Bank Ultimo Credit Card: Every Change

Fees, rewards and benefits the banks changed on the cards we list, with the source for each. Updated twice a day.

  • 5Changes
  • 1Card
  • 4Reduced

View PhonePe HDFC Bank Ultimo Credit Card →All card changes

Change alerts

Get an email when the PhonePe HDFC Bank Ultimo Credit Card's terms change

Only when a bank changes fees, rewards or benefits. At most once a day, and every email has a one-click stop link.

We use your email only for these alerts. Privacy policy.

August 2026

  • PhonePe HDFC Bank Ultimo Credit Card
    PhonePe HDFC Bank Ultimo Credit CardHDFC Bank · 1 change
    View card

    • Changed1 Aug 2026

      Welcome benefit restructured into five UPI scratch cards

      Before₹499 PhonePe gift voucher on the first UPI transaction, plus ₹50 on each of the next ten (₹999)
      NowFive ₹200 cashback vouchers (scratch cards), one on each of the first five UPI-on-credit-card transactions of ₹100+ in the PhonePe app (₹1,000)
      Bank's notice ↗

May 2026

July 2025

  • PhonePe HDFC Bank Ultimo Credit Card
    PhonePe HDFC Bank Ultimo Credit CardHDFC Bank · 3 changes
    View card

    • Reduced1 Jul 2025

      1% fee added on rent, wallet loads and online gaming

      BeforeNo category surcharge on rent, wallet loads or gaming
      Now1% on rent (cap Rs 4,999 per transaction); 1% on wallet loads and on online skill-based gaming above Rs 10,000 a calendar month (cap Rs 4,999 a month)
      Bank's notice ↗

    • Reduced1 Jul 2025

      1% fee on utilities above Rs 50,000 and on third-party education payments

      BeforeNo surcharge on utility or education payments
      Now1% on utility spends above Rs 50,000 a calendar month (cap Rs 4,999 a month); 1% on education paid through third-party apps
      Bank's notice ↗

    • Reduced1 Jul 2025

      Insurance reward points capped, online gaming stops earning

      BeforeInsurance uncapped on most cards; online skill-based gaming earned points
      NowInsurance capped at 2,000 reward points a month (5,000 on Diners Black, 10,000 on Infinia); online skill-based gaming earns nothing
      Bank's notice ↗

Showing 5 of 5

Change data from CardAdvisor, checked against each bank's notice where one is linked. A card's page always shows its current terms. How we check facts. The yearly report, by bank and month.

Credit Cards

Guides in Plain Words

Short reads that explain how it works before you decide.

All Credit Cards guides
SkyloFin - Expense Tracker

Your Money. One Clear View.

Automatically organise your spending, track expenses and understand where your money goes.

  • Reads bank SMS No account linking, no passwords.
  • Sorts every rupee Into categories you can edit.
  • Bills and cards Statements found, due dates reminded.
  • Your Google Drive Backed up to you, never to us.
Get the AppSee how it works