[← RETURN TO MATRIX]ID: hdfc-phonepe-ultimo-credit-card
INSTITUTION: HDFC
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 FEE
₹999
WAIVER: The annual fee is waived if you spend ₹2 lakh or more in a year on your card, as per bank policy
REWARD RATE
5.0%
points
MIN INCOME
₹0.3L
APPROVAL PROBABILITY
medium
ADVANTAGES
- [+]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
- [+]Earn 10% Reward Points on PhonePe bill payments and recharges up to 1,000 reward points per calendar month
- [+]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
- [+]Get 5% Reward Points on spends at Amazon, Flipkart Myntra and Ajio up to 500 reward points per calendar month
- [+]Get 5% Reward Points on spends at Swiggy and Zomato up to 500 reward points per calendar month
- [+]Get 5% Reward Points on Uber spends up to 500 reward points per calendar month
LIMITATIONS
- [-]Fuel
- [-]Insurance
- [-]Investment
- [-]Jewellery
SYSTEM WARNING
Exclusions apply for: Fuel, Insurance, Investment, Jewellery, Cash Advances, Rental Payments, EMI Spends, Wallet Load, Govt. Spends, Education Fees, Gift Card, Credit Card