SBI Card PhonePe SBI Card – CVP new SBI CC launching

[b4bhar]

I got the below response

This is with reference to your communication regarding your SBI card application.

We tried to establish contact with you on registered mobile number on 03 October, 2025 at 10:54AM, however we are unable to establish the call.

We would like to inform you that we have taken a request for application reconsideration on your SBI card account vide reference number 1401229004303 (subject to approval).

We would be intimating you by 14/10/2025 for the status of the same.

While we try our level, best to resolve the concern at the earliest request your cooperation in the interim.

Oct 14th is like 11 days time...!!!

 

[nikhilv0303]

Guys,

I have applied for SBI Phonepe Black card and it got rejected citing internal policies. I have dropped an email to the team asking for the reason. They have mentioned the reason as overleverage and asked to share the payslips for the past 2 months with account number mentioned on the payslips. I have did that and have not received any response from them after that.

So, now my question is - did anyone get the response from them after submitting the payslips or is this just waste of time? Is there any chance for the approval of the card from here?

Did they reject before or after CIBIL hit?

 

[b4bhar]

Did they reject before or after CIBIL hit?

Do you mean the first time rejection? First time it got rejected after the cibil hit, but the second time they did not hit my cibil yet

 

[nikhilv0303]

Do you mean the first time rejection? First time it got rejected after the cibil hit, but the second time they did not hit my cibil yet

Yes was asking for first time. Thanks for sharing

 

[b4bhar]

Yes was asking for first time. Thanks for sharing

What about you?

 

[nikhilv0303]

What about you?

Haven’t tried applying yet. Got 3 cibil hits in last 2 months, so avoiding anymore cibil hits till end of october
I have a strong feeling sbi will reject with overleverage. They are not giving me any option in app for any other card or limit enhancement

 

[b4bhar]

Haven’t tried applying yet. Got 3 cibil hits in last 2 months, so avoiding anymore cibil hits till end of october
I have a strong feeling sbi will reject with overleverage. They are not giving me any option in app for any other card or limit enhancement

I'm getting sbi simplysave (FYF) and Elite cards pre-approved, but kind of useless for me

 

[Aasheerv]

Did DTH recharge on PhonePe Utility via OTP, recieved only 1%.
MERCHANT NAME : PHONEPE IN
CONVINENCE FEE : 2.76%

How to escalate? any mail id

Update on this :

Mailed to customer care : No reply even after 2 weeks.
Escalated to Nodal Officer : recieved the 10% points in 4 days.

So yea, u finally get 10% back if u fight for it, but a long cumbersome process which needs patience. 🙂

 

[Biswa_100]

Hello guys,
I got "INSURANCE PP FSS" merchant name while doing insurance payment.
Is it eligible for 10% cb ?

 

[cybergvm]

I recently applied for sbi credit card for first time Sbi phonepe black
I saw two kyc method please clear my confusion which method should I choose
Which kyc method is better and why
Vkyc
Online bank verification

Applied through Phonepe app or SBI Sprint website?

 

[JAM]

Applied for the card on 26 Sep through the phonepe app , it got approved on 4th.
My billing cycle is 4th to 4th and I got charged the joining fee before I could even use the card.
Went through this entire thread since.
Does anybody know why is SBI doing KYC for existing customers ?

 

[b4bhar]

Applied for the card on 26 Sep through the phonepe app , it got approved on 4th.
My billing cycle is 4th to 4th and I got charged the joining fee before I could even use the card.
Went through this entire thread since.
Does anybody know why is SBI doing KYC for existing customers ?

Joining fee is usually charged after the first month or maybe end of it. I think your first month completed on 4th of this month if i'm not wrong?

 

[JAM]

Joining fee is usually charged after the first month or maybe end of it. I think your first month completed on 4th of this month if i'm not wrong?

Yes. Card was approved on 4th in the morning and first month was "completed" the same day. Bill was generated on 5th.
Received card in hand yesterday the 7th.

 

[Sahil_07]

Hi those who have already applied from where should I apply the credit card?
Sprint or PhonePe app?

 

[b4bhar]

Hi those who have already applied from where should I apply the credit card?
Sprint or PhonePe app?

i believe it is only available on PhonePe now. can you see this on sprint?

 

[Bravo Echo]

i believe it is not available on PhonePe now. can you see this on sprint?

It's the other way around

 

[b4bhar]

It's the other way around

my bad. i updated my typo

 

[cybergvm]

Earlier, when I applied through SBI Cards Sprint portal for my other SBI Cards, it was approved instantly based on Re.1/- credit & debit through internet banking for KYC.

Whether it is the same procedure when applying through PhonePe app also for this CC? Those who have applied through PhonePe app, please let me know the procedure followed for issuing this card.

I read somewhere in this site that when applying through PhonePe, they just registered the application and an agent visited the applicant for KYC. Is it applicable for all applications for the card?

 

[nikhilv0303]

Can someone confirm if the cashback limit is 2000 + 2000 + 2000 OR Total 2000?
I tried browsing the thread but couldn't find it.

 

[Bravo Echo]

Can someone confirm if the cashback limit is 2000 + 2000 + 2000 OR Total 2000?
I tried browsing the thread but couldn't find it.

Separate 2k, max 6k