Features

Key Features


  • 2% Reward Points on Select PhonePe categories – Recharges, Utilities, Bill Payments, Travel and PhonePe PINCODE, categories on PhonePe. Capped at 500 Reward Points per calendar month
  • 1% Reward Points on Select Online Brands – Amazon, Flipkart, Myntra, Ajio, Swiggy, Zomato, Uber. Capped at 500 Reward Points per calendar month
  • 1% Reward Points on All Scan & Pay spends. Capped at 500 Reward Points per calendar month

T&C

Reward Points are not applicable on following spends - All EMI spends (Easy EMI, Smart EMI, Dial an EMI), Fuel transactions, Wallet load, Gift Card, Cash advances, Credit Card bill payment, Credit cards fees or any charges, Government transactions, Rental payments, Educations fees transactions, Insurance and Investment, Jewellery purchase.

Reward Points T&Cs

Welcome Benefits


  • 50% of the Joining Fee (Rs 249) will be given back as the PhonePe Gift card on the first Rupay CC on UPI transaction.
  • Remaining 50% to be spread over next 10 RuPay CC on UPI transactions (Rs 25 each) will be given as PhonePe Gift Card
    ​​​​​​​Minimum transaction of Rs 100 to be eligible for Welcome Benefits

Please Note : Welcome Benefits are provided by PhonePe. For any queries, please reach out to PhonePe Customer Care.

Additional Features


Utility Bill Payments : Register your Credit Card with SmartPay, HDFC Bank's Utility Bill payment service. You can then ensure that all your utility bills are paid on time, conveniently and easily

Zero cost liability : If you lose your Card, report it immediately to our 24-hour call centre. After reporting the loss, you have a zero liability on any fraudulent transactions made on your card.

Free credit period: Avail up to 50 days of interest free credit on your Credit Card

Spend Based Fee Waiver


Renewal Year Fee waived upon spending Rs. 1,00,000 in the previous year.

Below spends will not be considered for the waiver - Cash advances, Credit card fees or any charges, All EMI spends (Easy EMI, Smart EMI, Dial an EMI

Fuel Surchage Waiver


1% fuel surcharge waived of on fuel transactions.
​​​​​​​(on minimum transaction of ₹400 & maximum transaction of ₹5,000. Maximum waiver of ₹250 per statement cycle)

Reward Points Redemption & Validity


CashBack Accrual:

CashBack will be given in the form of Reward Points, which can be redeemed by you against the statement balance (on request only).

The redemption against the statement balance will be at the rate of 1 Reward Point = ₹1

The minimum Reward Points balance required for redemption against the statement balance is 500 Reward Points

Reward Points can also be used for redemption against other benefits like Flight & Hotel bookings and Rewards Catalogue at the SmartBuy Rewards Portal, at a value of 1 Reward Point = ₹0.30.

Maximum CashBack of Rs.7500 per month

Unredeemed Reward Points will expire/lapse after 1 year of accumulation

*Please check important Terms and Conditions for Reward Points accrual and redemption.


1 RP Equivalent to -

Product Catalogue - 0.30

Unified SmartBuy (Flights/Hotels) - 0.30

Airmiles - 0.30

Cashback against statement credit - 1 (on request only)


Reward Points validity:

Reward Points are valid only for 1 year from the date of accumulation e.g., if you receive Reward Points in July 2025, same will expire in July 2026.


FAQs

Fees & Charges

Card Management