Credit Card Offers

Get Rs.50 Cashback on PhonePe, Know How


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If you’re an SBI RuPay credit cardholder, here’s an exciting offer just for you! SBI has teamed up with PhonePe, a popular digital payment and financial services platform, to bring you a special cashback deal. Here’s everything you need to know about this limited-time offer:

What’s the Offer?

You can earn ₹50 cashback when you link your SBI RuPay credit card to the PhonePe app and make your first two UPI transactions. This offer is available for Indian residents with a valid and current SBI RuPay credit card. Note that the minimum transaction amount to qualify is ₹100, and the cashback can only be earned once per RuPay credit card.

Offer Validity: The offer runs until 30th September 2024, so make sure to take advantage of it before the deadline.

How to Get Your Cashback

Make a Transaction:

    • Start by linking your SBI RuPay credit card to the PhonePe app.
    • Perform a UPI transaction through PhonePe. After completing the transaction, you’ll see a confirmation page indicating that a reward is on its way.
    • PhonePe will also notify you that you’ve won a scratch card.

    Scratch and Win:

      • Open the PhonePe app and go to the rewards section.
      • Find the scratch card you’ve won and scratch it to reveal your cashback amount.

      Receive Instant Cashback:

        • Once you’ve scratched the card, the cashback amount will be credited to your PhonePe Gift Card instantly.
        • You can use this gift card for future transactions on merchant sites or stores that accept PhonePe.

        Important Details

        • Validity of Scratch Cards: The scratch cards are valid for one month from the date of the transaction. Be sure to use them before they expire.
        • Help Center: If you have any questions or encounter issues, visit the PhonePe Help and Support section for assistance.
        • Terms and Conditions:
        • This offer is applicable only to SBI RuPay credit cardholders and only for UPI transactions.
        • Payments must be made via UPI using the credit card. Other payment methods are not eligible.
        • To make UPI payments, you don’t need to enter your CVV or wait for an OTP; just enter your UPI PIN.
        • PhonePe gift card balances are valid for one year from the issue date.
        • Cashback cannot be transferred to bank accounts or other customers and can only be used for recharges, bill payments, and purchases on PhonePe partner platforms.
        • The offer is only available on iOS and Android devices.
        • If a transaction is canceled, any cashback will be converted into a gift voucher balance, which cannot be withdrawn but can be used on PhonePe.

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