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PhonePe HDFC Bank Ultimo Credit Card

Apply for PhonePe HDFC Bank Ultimo Credit Card for 10% rewards on travel & utilities, 5% on Swiggy & Myntra & 8 lounge visits. Best for PhonePe users.

Annual Savings
₹15000
Joining Fee
₹999
Annual Fee
₹999
Credit Score
720+
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Smart Analysis

Best For Online Shopping
Reward Type Cashback
Network RuPay
Employment both

Fee Waiver Logic

The annual fee is waived if you spend ₹2 lakh or more in a year on your card, as per bank policy
Expert Tip

If your yearly spends cross the waiver limit, this card practically becomes FREE while still giving premium cashback returns.

Redemption

  • SmartBuy
  • Flights/Hotels
  • Product Catalogue
Conversion Rate: 1 RP = 0.30

All Card Benefits

Detailed reward structure and cashback analysis

Gift Cards on Your First RuPay Credit Card

on UPI transaction and next 10 eligible UPI transactions on PhonePe, worth ₹499 plus 10 scratch cards of ₹50 each

loyalty

Earn 10% Reward Points on PhonePe bill

payments and recharges up to 1,000 reward points per calendar month

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Earn 10% Reward Points on PhonePe

travel and stays spends including flights, bus, trains and hotels up to 1,000 reward points per calendar month

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Get 5% Reward Points on spends at Amazon, Flipkart

Myntra and Ajio up to 500 reward points per calendar month

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Get 5% Reward Points on spends at Swiggy and Zomato

up to 500 reward points per calendar month

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Get 5% Reward Points on Uber

spends up to 500 reward points per calendar month

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Get Domestic Lounge Access with 8 Complimentary

domestic lounge visits every year, limited to 2 per calendar quarter on spends of ₹75,000 or more in a calendar quarter

loyalty
Age Criteria 21-60 years
Salaried Income ₹3 LPA
Self Employed Income ₹26 LPA
CRIF Score 720+
Income Comment

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