Opinion on PhonePe SBI Select BLACK CC

[skywalker]

I need a second opinion on the PhonePe SBI Select BLACK CC. I’m on the fence - shall I get it or not.

I currently hold the SBI Cashback Card (it’s paid, not LTF), which is my go-to card for all my online transactions and gives me 5% cashback. I’m also planning to get the Airtel Axis Bank CC (it will also be paid, not LTF), which might be helpful for my Airtel Black postpaid connection ₹2500 monthly bill payment (since that necessarily needs to be done via the Airtel Thanks app; Airtel Black payments can’t be done via any other platform(s)).

I already use the SBI Cashback Card for my utility and insurance payments, by purchasing Amazon GV via Amazon, which yields 5% CB. And my utility bills come out to be under ₹15,000-₹20,000 per month.

Considering all this, I need suggestion that should I still get the PhonePe SBI Select BLACK CC for ₹1500+GST fees, or shall I skip it?

 

[pvrk5694]

Utility bills 15K x 12 = 1,80,000 you can get 16000-17000 cashback (9% Approximately) that's enough you can get back 8-9 times AMC you paid. do you really need to think sbi phonepe Black is mind-blowing card right now you can hold both sbi cashback and sbi phonepe Black

 

[JAM]

if u switch all your utility/insurance spends onto phonepe black card ur benefit assuming 15k per month would be around 600 a month.
first year fee for the card is just the gst since u get a 1500 voucher so you can try and see if the benefit is worth it.

 

[pvrk5694]

if u switch all your utility/insurance spends onto phonepe black card ur benefit assuming 15k per month would be around 600 a month.
first year fee for the card is just the gst since u get a 1500 voucher so you can try and see if the benefit is worth it.

It's 8.7% deducting convience fee so 15k spend around 1.2 to 1.3K everymonth

 

[JAM]

It's 8.7% deducting convience fee so 15k spend around 1.2 to 1.3K everymonth

Hes already getting 5% from the cashback card. So you would have to minus what hes already getting from that amount.

 

[pvrk5694]

Hes already getting 5% from the cashback card. So you would have to minus what hes already getting from that amount.

How you get 5% cashback on sbi cashback card on utility

 

[skywalker]

How you get 5% cashback on sbi cashback card on utility

Purchase Amazon Pay Gift Card from Amazon itself using the SBI Cashback CC (you’ll get 5% cashback), add it to your Amazon Pay balance, then pay the utility bill using Amazon Pay balance.

 

[vasanth_ece]

Same issue i had. Mostly i have fulfil SBI CC Card waiver requirements on purchasing Amazon Pay GV. Now if i get SBI Phonepe Black,i won't purchase Apay GV that much for paying utility bills and ending up paying Annual Fee for both the cards 🙂

 

[JAM]

Same issue i had. Mostly i have fulfil SBI CC Card waiver requirements on purchasing Amazon Pay GV. Now if i get SBI Phonepe Black,i won't purchase Apay GV that much for paying utility bills and ending up paying Annual Fee for both the cards 🙂

You could end up paying fee for both cards and still have a greater benefit at the end of the year if your utility bills are 10k + per month.

 

[b4bhar]

Same issue i had. Mostly i have fulfil SBI CC Card waiver requirements on purchasing Amazon Pay GV. Now if i get SBI Phonepe Black,i won't purchase Apay GV that much for paying utility bills and ending up paying Annual Fee for both the cards 🙂

yes, unless you have 20k utility payments every months... and others spends phonepe card isnt worth to you if you have already have sbi cb card. Moreover the waiver is 3L compared which is 1L higher than cb card