State Bank of India
PhonePe SBI Card PURPLE
Data last verified: 11 October 2026
- Joining fee₹499 + GST
- Annual fee₹499 + GST
- Reward rate1% base, up to 2% on online shopping; 3% only at partner merchants
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining fee₹499 + GST
- Annual fee₹499 + GST
- Fee waiverOn ₹1 lakh spend a year
- Forex markup3.5%
01PhonePe SBI Card PURPLE Rewards and Benefits
02PhonePe SBI Card PURPLE Annual Fee and Charges
- Joining fee
- ₹499 + GST
- Annual fee
- ₹499 + GST
- Spend-based waiver
- Annual fee waived on ₹1 lakh spend in a year (rent and wallet loads not counted)
- Rewards redemption fee
- Nil
- Forex markup
- 3.5%
- Interest rate
- Not published
- Fuel surcharge waiver
- Yes
- Card replacement
- Not published
03What It's Worth, in Rupees
If you spend ₹20,000 a month on this card:
- ₹5,000 on online shopping, earning 2%₹100
- ₹15,000 on everything else, earning 1%₹150
- Back each month, ₹3,000 a year₹250
- Annual fee with 18% GST (waived at this spend)₹0
- In your pocket each year₹3,000
Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.
Good for
- Utility bills only at PhonePe app: 3% back, up to ₹750 a month
- Online shopping: 2% back, up to ₹750 a month
- Spending ₹8,333 or more a month: the ₹589 fee is waived
Skip it if…
- you spend less than ₹8,333 a month (₹1,00,000 a year, rent and wallet loads not counted): the ₹589 fee is then charged
- most of your spending is fuel, rent, education or wallet top-ups: those earn nothing on this card
- you rarely spend on PhonePe app: the 3% rate applies only there, everything else earns 1%
- you often pay in foreign currency: 3.5% is added to every foreign spend
04How PhonePe SBI Card PURPLE earns Rewards
1% base, up to 2% on online shopping; 3% only at partner merchants.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | 1% | No cap | The card's normal rate |
| Online shopping | 2% | ₹750 | All merchants in the categoryTerms: 2 Reward Points per ₹100 (~2%) on eligible online spends; cap cut to 750 RP a month from Jul 2026; 1 RP = Re.1 |
| Dining and food delivery | 1% | No cap | The card's normal rate |
| Groceries | 1% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 1% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 1% | No cap | Anywhere else in the category |
| Bills and recharges, only at listed merchants | 3% | ₹750 | Only at: PhonePe appTerms: 3 Reward Points per ₹100 (~3% value back) on eligible PhonePe App spends such as bills, recharges and UPI; capped 750 RP a month from Jul 2026 (insurance sub-capped 250 RP a month); 1 RP = Re.1. No points on transactions under ₹100 |
| Rent | Earns nothing | - | earns nothing on this card |
| Insurance premiums | 1% | No cap | The card's normal rate |
| School and college fees | Earns nothing | - | earns nothing on this card |
| Wallet top-ups | Earns nothing | - | earns nothing on this card |
| Taxes and government payments | Earns nothing | - | earns nothing on this card |
| Spend abroad or in a foreign currency | 1% | No cap | The card's normal rate |
| Everything else | 1% | No cap | The card's normal rate |
Terms on the base rate. 1 Reward Point per ₹100 (~1%) on all other spends, capped 1,000 RP a month; 1 RP = Re.1, redeemable for vouchers or cash
05PhonePe SBI Card PURPLE Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 1% back (the normal rate). See what it costs on your trip
Also on the card. fuel surcharge waiver, milestone bonuses.
- Fuel surcharge waiver: 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000; maximum ₹100 per statement cycle
- Milestone bonuses: Yatra voucher worth ₹3,000 on annual spends of ₹3 lakh
06PhonePe SBI Card PURPLE Eligibility and Documents
- Employment
- Salaried or self-employed
Documents. PAN card Aadhaar / address proof Income proof (salary slips or ITR) Recent passport-size photograph
07Recent Changes
What State Bank of India changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 1 Jul 2026 | Reduced: Reward caps cut and new exclusions addedSource: State Bank of India | PhonePe spends capped at 1,000 RP a month; online spends capped at 1,000 RP a month | PhonePe 750 RP a month (250 insurance sub-cap); online 750 RP a month |
| 1 Nov 2025 | Reduced: 1% fee on third-party education and large wallet loadsSource: State Bank of India | - | - |
| 22 Jul 2025 | Changed: PhonePe SBI Card PURPLE launchedSource: State Bank of India | - | - |
See this card's change history → · All card changes in July 2026 →
08Cards Similar to PhonePe SBI Card PURPLE
PhonePe SBI Card PURPLE is a utility bills card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | PhonePe SBI Card PURPLE |  HSBC Live Plus Credit Card |  HDFC Bank UPI RuPay Credit Card |
|---|---|---|---|
| Joining fee | ₹499 + GST | ₹999 + GST | ₹99 + GST |
| Annual fee | ₹499 + GST | ₹999 + GST | ₹99 + GST |
| Rewards | 1% base, up to 2% on online shopping; 3% only at partner merchants | 1.5% base, up to 10% on dining | 0.25% base, up to 0.75% on groceries |
| Domestic lounge | Not included | 2 visits a year | Not included |
| Forex markup | 3.5% | 1.99% | 3.5% |
| Type | Utility bills | Dining | Grocery |
09Explore More
Card facts last verified 11 October 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Never Miss Your PhonePe SBI Card PURPLE Bill
The SkyloFin app reads your bank's bill SMS, reminds you before the due date and marks the bill paid when you pay. Free on Android, and your data stays on your phone.
Common Questions
What is the joining fee for the PhonePe SBI Card PURPLE?
The joining fee is ₹499 + GST. Check the bank's page before you apply, because fees change and promotional waivers come and go.
What is the annual fee for the PhonePe SBI Card PURPLE?
The annual fee is ₹499 + GST.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly with State Bank of India. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
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