PhonePe HDFC Bank Uno Credit Card
HDFC Bank · Open to apply
PhonePe's entry co-brand RuPay card: 2% in Reward Points on recharges, bills and travel booked in the PhonePe app (500 points a month), 1% on seven online brands (500 a month), 1% on UPI scan and pay (500 a month), and nothing on other spends. Points are worth ₹1 against the statement. ₹499 fee, waived at ₹1 lakh a year; no lounge access.
- Annual fee
- ₹499 + GST a year
- Joining fee
- ₹499 + GST
- Fee waiver
- Annual fee waived on ₹1,00,000 spend per card year
- Base rate
- No Reward Points on other spends: 0% in Reward Points (about 0% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 2% in Reward Points on recharges, bills, flights, hotels and tolls booked in the PhonePe app: 2% in Reward Points (about 2% at cash value)
- 2% in Reward Points on train and bus tickets booked in the PhonePe app: 2% in Reward Points (about 2% at cash value)
- 1% in Reward Points on Amazon, Flipkart, Myntra, Ajio, Uber, Swiggy and Zomato: 1% in Reward Points (about 1% at cash value)
- 1% in Reward Points on UPI scan and pay: 1% in Reward Points (about 1% at cash value)
Earns nothing on
- No Reward Points on other spends
- No Reward Points on fuel, wallet, gift cards, EMI, cash, government, rent, education, insurance, jewellery or skill gaming
Terms the calculator does not value
- The seven brands earn only when the transaction's MCC is in the eligible list, so some purchases at these brands (for example Instamart groceries, MCC 5411) earn nothing; the calculator's generic cab line has no merchant, so cab rides are not valued at the 1% Uber rate, and MCC 4121 taxis other than Uber are not in either list.
- Welcome vouchers are paid as PhonePe scratch cards and gift cards that can be spent only on eligible merchants on the PhonePe app.
- SmartBuy accelerated cashback (the "Other credit card" column) is not entered: nothing in the card's T&C or FAQ says it applies to this card.
- The T&C says a transaction not posted in the regular monthly cycle can be posted up to 60 days after the transaction month.
Sources
- HDFC Bank credit cards listing (explore credit cards) (Product page, the bank's own, read 20 Oct 2026)
- PhonePe HDFC Bank Uno Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- PhonePe HDFC Bank Uno Credit Card Reward Points TnCs (file last changed 31 July 2026) (Reward terms, the bank's own, read 6 Nov 2026)
- PhonePe HDFC Bank Uno Credit Card FAQs, v.2.2 of 28 July 2026 (FAQ, the bank's own, read 6 Nov 2026)
- HDFC Bank credit cards Most Important Terms and Conditions (Key Fact Statement), version 4.18, updated 31 October 2026 (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- HDFC Bank notice "Updates on your credit card rewards, fees & charges" from 15 May 2026 (reward accrual ₹150 to ₹200, DCC fee, reissue fee) (Bank notice, the bank's own, read 20 Oct 2026)