PhonePe announced a limited-time offer on the recently launched PhonePe SBI Card credit card. Aiming to democratize access to premium financial rewards, the card is now being offered completely free for the first year with a zero joining fee. Designed for the modern digital consumer, the PhonePe SBI Card (available on both RuPay and VISA platforms) stands out foronline transactions, enabling users to earn rewards on every online purchase.Here’s what cardholders get: Zero Joining Fee: Users can enjoy the premium benefits of the card at no cost for thefirst year.  5% Rewards on ALL Online Brands: A universal reward structure that ensures users earn on every digital checkout, regardless of the merchant. 10% Rewards on PhonePe Categories: Exceptional savings on routine essentialsincluding Recharges, Utility Payments such as cylinder booking, mobile recharges, andBill Payments. Save 10% on Insurance: Meaningful rewards on insurance premium payments on thePhonePe platform. 1% Rewards on RuPay Scan n Pay: Even regular UPI spends become fulfilling with1% rewards on every QR scan. Travel Perks: Complimentary access to Domestic Airport Lounges (up to 4 per yearwith no spend limits) and Priority Pass membership for 2 years at InternationalLounges, providing a premium travel experience to users.Reward points earned on the SBI Card can be used to set off the users’ credit card bill. Eachpoint is worth ₹1, andthe total points accumulated can be settled towards the monthlystatement bill – helping users save on what they need to pay. All rewards earned are subject tothe card’s limits and terms & conditions..The PhonePe SBI Card is available for application directly through the PhonePe app, offering aseamless, digital-first onboarding experience.About PhonePe: PhonePe Limited (Formerly PhonePe Private Limited) is a technology company that buildsdigital platforms for Payments, Digital Distribution Services and Financial Services.Headquartered in India, the PhonePe digital payments app was launched in 2016. As ofSeptember 30, 2025, PhonePe has over 65 Crore registered users and a digital paymentsacceptance network spread across over 4.7 Crore merchants.