Saifu
Saifu
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Best card by app

Best credit card for PhonePe bill payments

Reviewed by Chandan Kumar Dash · Card terms as of 6 October 2026

Quick answer. For ₹5,000 a month on bill payments on PhonePe, PhonePe HDFC Bank Ultimo returns about ₹6,000 a year, or ₹5,001 after its ₹999 annual fee. At ₹15,000 a month, PhonePe SBI Card SELECT BLACK leads with ₹16,501 a year after the fee. With no annual fee, Zaggle returns ₹1,200 a year.

Most back at ₹5,000 a monthPhonePe HDFC Bank Ultimo₹5,001 a year after the fee
Most back at ₹15,000 a monthPhonePe SBI Card SELECT BLACK₹16,501 a year after the fee
Best with no annual feeZaggle₹1,200 a year

Pick your monthly bill payments on PhonePe spend

₹5,000 a month on bill payments on PhonePe
#CardRewards a yearAnnual feeNet a yearLink
1PhonePe HDFC Bank UltimoHDFC Bank₹6,000₹999₹5,001Apply
2HSBC Live+HSBC India₹6,000₹999₹5,001Apply
3PhonePe SBI Card SELECT BLACKSBI Card₹6,000₹1,499₹4,501Bank page
4PVR INOX KotakKotak Mahindra Bank₹1,800₹499₹1,301Bank page
5PhonePe SBI Card PURPLESBI Card₹1,800₹499₹1,301Bank page
6FIRST PowerIDFC FIRST Bank₹1,240Free₹1,240Apply
7ZaggleAU Small Finance Bank₹1,200Free₹1,200Apply
8Kotak 811 Dream DifferentKotak Mahindra Bank₹1,200Free₹1,200Bank page
9AlturaAU Small Finance Bank₹900Free₹900Apply
10FIRST Power+IDFC FIRST Bank₹1,380₹499₹881Apply

Rewards a year: what the card pays back on bill payments on PhonePe alone, counting monthly caps. Net: rewards minus the annual fee. Many fees are waived once your total yearly spend on the card crosses the bank's limit; see each card's page.

Affiliate link, costs you nothing extra, we may earn a commission, never changes how cards are ranked.

Questions

Which credit card gives the most back on bill payments on PhonePe?

At ₹5,000 a month, PhonePe HDFC Bank Ultimo gives the most after its annual fee: about ₹5,001 a year. The answer changes with how much you spend, because most cards cap their extra rewards each month.

Is there a lifetime free card for bill payments on PhonePe?

Zaggle charges no annual fee and returns about ₹1,200 a year on ₹5,000 a month of bill payments on PhonePe spends.

How does Saifu work these figures out?

Each card's reward rules, caps and exclusions from its bank's terms are run on three months of bill payments on PhonePe spends at each amount, then scaled to a year. Only bill payments on PhonePe spends count towards the caps here; if your other spends share the same cap, you get less.

See also: best cards by type, find a card for all your spends, compare two cards.

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