PhonePe HDFC Bank Uno Credit Card
- Updated On: 1 May, 2026
The PhonePe HDFC Uno Credit Card is a standard variant of the PhonePe HDFC co-branded credit cards, the Ultimo Credit Card being the other premium variant.
The PhonePe HDFC Uno Credit Card is an ideal choice for those seeking an affordable credit card with practical benefits. It is especially rewarding for users who frequently transact on PhonePe, offering up to 2% rewards on select PhonePe spends.
While the card does not include lifestyle perks, this is justified given its low annual fee of just ₹499 + GST, and even that is effectively waived in the first year through equivalent joining benefits. For everyday users of the PhonePe ecosystem and beginners in their credit card journey, this card delivers solid value.
PhonePe HDFC Bank Uno Credit Card
( 4.5 / 5 )
- Joining Fee
- Annual Fee
- Best Suited For
- Reward Type
Rewards Rate
2 RPs/₹100 on Select PhonePe Spends Like Recharges, Bill Payments, Movies, Hotels, Utilities, and More. 1 RP/₹100 on Brands Like Amazon, Flipkart, Myntra, Ajio, and More. 1 RP/₹100 on Scan & Pay UPI Spends
Welcome Benefits
Get 50% of the Joining Fee Back as a PhonePe Gift Card on Your First RuPay Credit Card UPI Transaction, and the Remaining 50% as 10 Gift Cards on Continued UPI Spends
Rewards and Benefits
Movie & Dining
N/A
Rewards Rate
2 RPs/₹100 on Select PhonePe Spends Like Recharges, Bill Payments, Movies, Hotels, Utilities, and More. 1 RP/₹100 on Brands Like Amazon, Flipkart, Myntra, Ajio, and More. 1 RP/₹100 on Scan & Pay UPI Spends
Reward Redemption
1 Reward Point = ₹1 (Redemption Against Statement). 1 Reward Point = ₹0.30 When Redeemed for Airmiles, Product Catalogue or Smartbuy
Travel
N/A
Domestic Lounge Access
N/A
International Lounge Access
N/A
Golf
N/A
Insurance Benefits
N/A
Fees & Charges
Spend-Based Waiver
Renewal Fee Waiver on Annual Spends of ₹1 Lakh or More
Rewards Redemption Fee
No Charges for Reward Point Redemption Against Statement
Foreign Currency Markup
3.5%
Interest Rates
3.75% Monthly/45% Annually
Fuel Surcharge Waiver
1% Waiver on Transactions Between ₹400 and ₹5,000 (Maximum ₹250 Each Statement Cycle)
Cash Advance Charges
2.5% or ₹500 (Whichever is Higher)
Product Details
- PhonePe HDFC Uno Credit Card is available on the RuPay network.
- Cardholders can earn 2% Rewards on bill payments, recharges, and more through PhonePe.
- Scan and Pay payments are eligible for 1% Reward Points.
- 1 Reward Point = ₹1.
Pros/Cons
Pros
- This card comes at an affordable price of ₹499.
Cons
- There are no lifestyle perks, such as airport lounge access, offered with this card. This is primarily due to its low fees.
Welcome Benefit
50% of the Joining Fee, which amounts to ₹249, is provided as a PhonePe Gift Card for your first RuPay credit card (CC) transaction using UPI on the PhonePe app. The remaining 50% of the Joining Fee is distributed across 10 subsequent Rupay CC UPI transactions, offering a Gift Card of ₹25 for each transaction.
Reward Point Earning
- Earn 2% Reward Points for recharges and bills, travel, and stays (including flights, buses, trains, and hotels), and Pincode spends through PhonePe. This reward rate is capped at 500 Reward Points each month.
- 1% Reward Points earning for spends made with Amazon, Flipkart, Myntra, Ajio, Uber, Swiggy, and Zomato, capped at 500 Reward Points each month.
- 1% Reward Points for all Scan and Pay transactions.
No Reward Points Shall be Earned for the Following-
- EMI Transactions
- Fuel
- Wallet Load
- Gift Cards
- Cash Advances
- Credit Card Bill Payments
- Charges
- Government Payments
- Rental Transactions
- Education Fees
- Insurance
- Investments
- Jewelry Purchases
Reward Point Redemption
The PhonePe HDFC Uno Credit Card provides cardholders with two redemption options. They can either redeem their points for cashback or choose from a broader range of options, such as Airmiles or products available at SmartBuy.
| For Cashback | 1 RP = ₹1 |
| For All Other Categories | 1 RP = ₹0.30 |
Other Benefits
- The renewal fee is waived for spends of ₹1 lakh or more in a card anniversary year.
- Cardholders can refuel their vehicles without any worries as this card offers 1% fuel surcharge waiver.
Bottom Line
The PhonePe HDFC Uno Credit Card is the more affordable option among the two PhonePe co-branded credit cards. It is well-suited for individuals who are just starting their credit card journey or looking to get their first credit card. While the card offers modest benefits, its low annual fee makes it a sensible choice for beginners. This card is ideal for those looking to test the waters with credit cards, rather than seasoned users seeking premium perks.
Those who wish to save more on their utility bill spending and even on spending made with popular online merchants would do well to opt for the more premium Ultimo Credit Card.
FAQs:
Is the PhonePe HDFC Uno Credit Card lifetime free?
No, the card has a joining and renewal fee of ₹499 + GST. However, you can earn the joining fee back in the form of PhonePe Gift Cards, which are offered as a welcome benefit.
Can I use this card for UPI payments?
Yes, the PhonePe HDFC Uno Credit Card is issued on the RuPay network, making it eligible for UPI-based transactions. You also earn 1% rewards on Scan & Pay spends.
Is airport lounge access provided with this card?
No, the PhonePe HDFC Uno Credit Card does not offer airport lounge access, either domestic or international.