SBI Card PhonePe SBI Card – CVP new SBI CC launching

[anantnitish]

Can you share what's the basis of this.

https://help.phonepe.com/cG9zdDoxMjI3OTg3

Lokk into this

 

[anantnitish]

let's what will they do next.
chances are very less.

For verification they call multiple times

 

[cool_jazz]

F
For verification they call multiple times

same they did again. even basic card. less income. rejected.
now i will wait 2 months

 

[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

 

[anantnitish]

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

The card is very unpredictable

 

[Wealth is my birth right!]

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

Call them they raise ticket

 

[everything]

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

I have also faced this But mine was 'phonepe'
Mailed them 2 days ago customercare@sbi.com
No response from them till now

 

[Aasheerv]

I have also faced this But mine was 'phonepe'
Mailed them 2 days ago customercare@sbi.com
No response from them till now

OK will keep u updated if i get a response, i have also mailed for now

 

[Biswa_100]

Does select black give cb on apay gv purchase via cred ?
If yes, pls help me with the merchant name as well.
@Abhishek012

 

[Pavan_D]

Anyone took add on card for phone pe black cc.
If taken how was application process and usage tips pls
TIA

 

[Nikhilize]

Does select black give cb on apay gv purchase via cred ?
If yes, pls help me with the merchant name as well.
@Abhishek012

There's no such restriction of mcc for select black, you will surely get 5% irrespective of any merchant name

 

[Nikhilize]

Anyone took add on card for phone pe black cc.
If taken how was application process and usage tips pls
TIA

I have. There is no need to apply during the initial stage, you can apply it from SBI card app. it won't take more than a minute.

 

[Pho3nix]

easy to get if u hold less numbers of card and overall credit exposure is less than 10-12lakh
Applied for me it got rejected

What's your credit exposure? What's the reason provided for the rejection?

 

[anantnitish]

What's your credit exposure? What's the reason provided for the rejection?

Around 27lakh overall limit
Over leverage was the rejection reason

 

[rockyBalboa]

My bro holds sbi cashback card and wants to apply for phonepe black. He recently received huge auto limit increase offer in his cashback card. I need help from the community,
what will be better? (a) Get the limit increase in cb card and then apply for phonepe or (b) apply for phonepe card first and then take the LE offer. Thanks

 

[Dr.AMAN]

My bro holds sbi cashback card and wants to apply for phonepe black. He recently received huge auto limit increase offer in his cashback card. I need help from the community,
what will be better? (a) Get the limit increase in cb card and then apply for phonepe or (b) apply for phonepe card first and then take the LE offer. Thanks

Any idea what is his cummulative credit card+loan limit and its ratio with his annual salary? If his cummulative credit limit is already >1.5x then better to avoid the LE now and apply for the phonepe card first to avoid overleveraged issue

 

[rockyBalboa]

Any idea what is his cummulative credit card+loan limit and its ratio with his annual salary? If his cummulative credit limit is already >1.5x then better to avoid the LE now and apply for the phonepe card first to avoid overleveraged issue

Thanks, yeah this over leverage thing with sbi is what I was concerned about. This ratio in his case is just below 1.5 times. But if he takes LE than it will shoot up. On the other hand, we don't know for sure how sbi calculates this over leverage thing and the last thing that I would want for him is to apply for phonepe card only to be rejected for some reason and then find out that this LE offer is also somehow gone as a result of this application.

 

[Dr.AMAN]

Thanks, yeah this over leverage thing with sbi is what I was concerned about. This ratio in his case is just below 1.5 times. But if he takes LE than it will shoot up. On the other hand, we don't know for sure how sbi calculates this over leverage thing and the last thing that I would want for him is to apply for phonepe card only to be rejected for some reason and then find out that this LE offer is also somehow gone as a result of this application.

He will get LE offer in future too. Phonepe card is really great. Worth taking the risk. I was at 1.2-1.3X when they approved my second SBI card. So <1.5X seems to be safe zone.

 

[Bravo Echo]

For the SBI PhonePe Credit Card, during sales like the Amazon Great Indian Festival, if I get both an instant discount at checkout and 5% cashback later, which component is subject to possible reversal by SBI? Will they ever reverse the instant discount given upfront, or only the 5% cashback credited later?

 

[BhaiyaJi]

For the SBI PhonePe Credit Card, during sales like the Amazon Great Indian Festival, if I get both an instant discount at checkout and 5% cashback later, which component is subject to possible reversal by SBI? Will they ever reverse the instant discount given upfront, or only the 5% cashback credited later?

Only 5% cashback/reward points