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Digital payments platform PhonePe on Monday announced a limited-period offer on its newly launched co-branded credit card with State Bank of India.

The PhonePe SBI Card is being offered with zero joining fee for the first year, allowing customers to access its benefits without any upfront cost.

“Users can enjoy the premium benefits of the card at no cost for the first year,” the fintech platform



said.

The card, available on both RuPay and Visa platforms, is tailored for digitally active consumers who frequently transact online.

A key highlight of the card is its universal rewards structure, which offers 5 per cent rewards on all online purchases, regardless of the brand or merchant.

This positions the card as a strong option for users looking to maximise returns on everyday digital spending.
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