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Credit Cards · India

PhonePe HDFC Bank Uno Credit Card

Updated 5 Jul 2026Source-linked

The PhonePe HDFC Bank Uno Credit Card is a entry co-branded credit card from HDFC Bank and PhonePe, with a joining fee of ₹499 + GST.

It earns up to 2 pts per ₹100 (≈2.0% value) on PhonePe spends in the form of reward points (points).

Welcome benefit: PhonePe Gift card worth ₹249.

HDFC Bank logo
PhonePe HDFC Bank Uno Credit Card
RuPay logo
  • Joining Fee₹499
  • Annual Fee₹499
  • Best Suited ForCo-brand rewards
  • Reward TypeReward Points (points)
Rewards Rate
  • 2 pts per ₹100 on phonepe select categories (cap 500 points / monthly)
  • 1 pts per ₹100 on select online brands (cap 500 points / monthly)
  • 1 pts per ₹100 on upi scan and pay (cap 500 points / monthly)
  • Base 0.00% on other spends
Welcome Benefits
  • PhonePe Gift card worth ₹249
  • Additional scratch cards worth ₹25 each
Data verified 5 Jul 2026 see our methodology

Rewards and Benefits

Rewards Rate
2 pts per ₹100 on phonepe select categories (cap 500 points / monthly)
1 pts per ₹100 on select online brands (cap 500 points / monthly)
1 pts per ₹100 on upi scan and pay (cap 500 points / monthly)
Base 0.00% on other spends.
Reward Redemption
N/A
Welcome Benefits
PhonePe Gift card worth ₹249
Milestone Rewards
N/A
Domestic Lounge Access
N/A
International Lounge Access
N/A
Travel
N/A
Movie & Dining
N/A
Golf
N/A
Insurance Benefits
N/A
Other Benefits
N/A

See the math — accelerations & caps

What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.

No accelerated categories apply to the spend you entered — everything earns the base rate.

Base-rate spend

Non-accelerated spend, summarized at this card's base rate.

  • Online shopping₹15,000 · 0.0% = ₹0/mo

    Online shopping — earns base; accelerated rate needs booking via amazon, flipkart, myntra, ajio, swiggy, zomato, uber

  • Groceries₹8,000 · 0.0% = ₹0/mo
  • Dining & food delivery₹8,000 · 0.0% = ₹0/mo

    Dining & food delivery — earns base; accelerated rate needs booking via amazon, flipkart, myntra, ajio, swiggy, zomato, uber

  • Fuel₹4,000 · 0.0% = ₹0/mo
  • Travel & hotels₹10,000 · 0.0% = ₹0/mo

    Travel & hotels — earns base; accelerated rate needs booking via phonepe-app

  • Utilities & bills₹5,000 · 0.0% = ₹0/mo

    Utilities & bills — earns base; accelerated rate needs booking via phonepe-app

Est.net rewards for this spend, realistic
₹0/yr

₹0 rewards − ₹0 annual fee. Estimate for the spend you entered.

Fees & Charges

Spend-Based Waiver
₹1,00,000 in the preceding year
Rewards Redemption Fee
N/A
Foreign Currency Markup
3.50%
Interest Rates
3.75% per month (45.0% annualised)
Fuel Surcharge Waiver
1.0% waiver on transactions between ₹400 and ₹5,000, capped at ₹250 per statement.
Cash Advance Charges
N/A

Product Details

  • Co-branded entry card by HDFC Bank and PhonePe.
  • Joining / annual fee of ₹499 + GST, waived on annual spends of ₹1,00,000.
  • Available on the RuPay network.

Pros & Cons

Pros
  • Annual fee waivable on ₹1,00,000 spend.
Cons
  • Standard forex markup of 3.50% — suboptimal for international spend.
  • No rewards on fuel spends.
  • No complimentary airport lounge access.
Pros & cons are heuristically derived from the card's fees, rewards and benefits. Not editorial opinion.

₹249 welcome benefit

  • PhonePe Gift card worth ₹249
    First RuPay CC on UPI transaction (only where Joining Fee is applicable)
  • Additional scratch cards worth ₹25 each
    Next 10 RuPay CC on UPI transactions

Accelerated rewards

  • 2 pts per ₹100 on phonepe select categories (cap 500 points / monthly)
    Merchants: phonepe-recharges, phonepe-utilities, phonepe-bill-payments, phonepe-travel
    2% Reward Points on select PhonePe categories (Recharges, Utilities, Bill Payments, Travel). Capped at 500 reward points per calendar month. Rewards on PhonePe PINCODE valid until 5th Dec 2025.
  • 1 pts per ₹100 on select online brands (cap 500 points / monthly)
    Merchants: amazon, flipkart, myntra, ajio, swiggy, zomato, uber
    1% Reward Points on select online brands (Amazon, Flipkart, Myntra, Ajio, Swiggy, Zomato, Uber). Capped at 500 reward points per calendar month.
  • 1 pts per ₹100 on upi scan and pay (cap 500 points / monthly)
    1% Reward Points on all UPI Scan & Pay spends. Capped at 500 reward points per calendar month.

Exclusions

The following spend categories earn no rewards on this card:

  • emi
  • fuel
  • wallet loads
  • rent
  • government
  • insurance premiums
  • education
  • gift cards
  • cash advance

Fuel surcharge waiver

1.0% waiver on fuel transactions between ₹400 and ₹5,000, capped at ₹250 per statement.

Sources

Last verified 5 Jul 2026. Verify with the issuer before applying.

Eligibility

Age
21–65
Credit score
700+
Income (salaried)
₹3,00,000 p.a.
Income (self-employed)
₹3,00,000 p.a.
Tagsco brandedphoneperupayupipointsentryfuel surcharge waiver