Welcome Benefit: Credit cardholders will get a free gift card worth INR 1,500.
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PhonePe HDFC Bank Ultimo Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Credit cardholders will get a free gift card worth INR 1,500.
Milestone Benefits
Milestone Benefits: Get a travel gift voucher worth INR 5,000 on spending INR 5 Lakhs in a year.
Cashback Rate
Reward System: Value of 1 reward point = INR 1.
10 Reward points on Phonpe spends and Pincode (hyperlocal delivery app) spends such Recharges, Bill Payments, Insurance, Flights, Hotels, Pincode (a hyperlocal delivery app) & more.
PhonePe Pincode Cashback Rate: 10%.
5 reward points on spend of INR 100 on Swiggy, Zomato, Uber, Myntra , Nykaa, BookMyShow, MakeMyTrip, Blinkit, District, Zepto, Rapido + 1000 brands.
Special Cashback Rate: 5%.
1 reward point on all other spends.
General Cashback Rate: 1%.
Movie Benefits
5 reward points on spend of INR 100 on Swiggy, Zomato, Uber, Myntra , Nykaa, BookMyShow, MakeMyTrip, Blinkit, District, Zepto, Rapido + 1000 brands.
Dining Benefits
5 reward points on spend of INR 100 on Swiggy, Zomato, Uber, Myntra , Nykaa, BookMyShow, MakeMyTrip, Blinkit, District, Zepto, Rapido + 1000 brands.
Other Benefits
Annual fee reversal on credit card spends of INR 3 Lakhs or more in a calendar year.
Lounge Access
4 free domestic lounge visits per year.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Credit cardholders will get a free gift card worth INR 1,500.
Milestone Benefits
Milestone Benefits: Get a travel gift voucher worth INR 5,000 on spending INR 5 Lakhs in a year.
Cashback Rate
Reward System: Value of 1 reward point = INR 1.
10 Reward points on Phonpe spends and Pincode (hyperlocal delivery app) spends such Recharges, Bill Payments, Insurance, Flights, Hotels, Pincode (a hyperlocal delivery app) & more.
PhonePe Pincode Cashback Rate: 10%.
5 reward points on spend of INR 100 on Swiggy, Zomato, Uber, Myntra , Nykaa, BookMyShow, MakeMyTrip, Blinkit, District, Zepto, Rapido + 1000 brands.
Special Cashback Rate: 5%.
1 reward point on all other spends.
General Cashback Rate: 1%.
Movie Benefits
5 reward points on spend of INR 100 on Swiggy, Zomato, Uber, Myntra , Nykaa, BookMyShow, MakeMyTrip, Blinkit, District, Zepto, Rapido + 1000 brands.
Dining Benefits
5 reward points on spend of INR 100 on Swiggy, Zomato, Uber, Myntra , Nykaa, BookMyShow, MakeMyTrip, Blinkit, District, Zepto, Rapido + 1000 brands.
Other Benefits
Annual fee reversal on credit card spends of INR 3 Lakhs or more in a calendar year.
Lounge Access
4 free domestic lounge visits per year.
Fees & Charges of
PhonePe HDFC Bank Ultimo Credit Card
Joining Fee
INR 999
Annual Fee
INR 999
Cash Advance Fee
2.5% or INR 500 whichever is higher
Interest rate
3.75% monthly, 45.0% annually.
Late Payment Fee
INR 100 to 1300.
Foreign Currency Transactions Fee
3.5%
Other Fees
Reward Redemption Fee: INR 99
Joining Fee
INR 999
Annual Fee
INR 999
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
3.75% monthly, 45.0% annually.
Late Payment Fee
INR 100 to 1300.
Foreign Currency Transactions Fee
3.5%
Other Fees
Reward Redemption Fee: INR 99
Fee and Charges of
PhonePe HDFC Bank Ultimo Credit Card
Special Features
10% cashback on bill payment.
Eligibility Criteria
Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
Speical Feature, Eligibility and Benefits of
PhonePe HDFC Bank Ultimo Credit Card
How to apply for Credit Card?
1. Online Application:
Visit the HDFC Bank website: https://applyonline.hdfcbank.com/cards/credit-cards.html
Select the PhonePe HDFC Bank Ultimo Credit Card option.
Provide the required personal and financial information.
Upload necessary documents.
Submit the application.
2. Visit HDFC Bank Branch:
Visit your nearest HDFC Bank branch.
Request an application form for the Biz Power Credit Card.
Fill in the required details and submit it along with the necessary documents.
Contact Details
N/A
Account Opening and Procedure of
PhonePe HDFC Bank Ultimo Credit Card
Find Offers on Your Credit Card
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Application Procedure
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai