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PhonePe HDFC Bank Ultimo Credit Card
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PhonePe HDFC Bank Ultimo Credit Card

PhonePe HDFC Bank Ultimo Credit Card is a paid credit card from HDFC Bank. It is mainly useful for Utility Bill Payments, Travel, Shopping, Grocery, Food Delivery. This page explains its joining fee, annual fee, rewards and benefits, lounge access, useful platforms, pros, cons and who should consider this card.

Food Delivery Grocery Shopping
Card Details

PhonePe HDFC Bank Ultimo Credit Card details at a glance

Bank
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HDFC Bank
Annual Fee
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₹ 999, Annual fee waiver on spending above ₹ 2 Lakh in a year.
Joining Fee
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₹ 999
Joining Bonus
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Get PhonePe Gift Card of ₹ 499 on first UPI Transaction and PhonePe gift card of up to ₹ 500, where a gift card of ₹ 50 is given on each of the next 10 UPI transactions.
Best For
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Utility Bill Payments, Travel, Shopping, Grocery, Food Delivery
Cashback & Rewards
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  • 10% Reward Points upto 1000 on PhonePe spends on Mobile Recharge; Bill payments (Broadband, Cable TV, DTH, Electicity, FASTag, LPG, Gas, NCMC, Postpaid, Subcription, Tax, Water) and PhonePe In-App Travel Merchants (Flights, Bus, Trains, Hotel , Metro).
  • 5% Reward Points upto 500 on Amazon, Flipkart, Swiggy, Zomato, Uber, Myntra & AJIO.
  • 1% Reward Points upto 500 on Scan & Pay (on all UPI apps).
  • 1% Fuel Surcharge Waiver, up to ₹ 250 per month, on fuel spends of ₹ 400 to ₹ 5,000.
Perks
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No major additional perks available as per current card data.
Domestic Lounge Access
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8 complimentary domestic lounge visits every year (Max. 2 per quarter, on spending ₹ 75,000 in the previous quarter)
International Lounge Access
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Not Available
Useful Platforms
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Amazon, Flipkart, Swiggy, Zomato, Myntra, Uber
Apply
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Pros and Cons of PhonePe HDFC Bank Ultimo Credit Card

A quick view of where this card works well and where it may not be the best fit.

Pros

✓ Useful for PhonePe bill payments, recharge and travel spends.
✓ Offers rewards on selected online platforms like Amazon, Flipkart, Swiggy, Zomato, Myntra and Uber.
✓ Provides UPI-related reward benefits through PhonePe usage.
✓ Domestic lounge access can add value for eligible travelers.

Cons

✗ Rewards are capped, so benefit may reduce after monthly limits.
✗ Best value depends heavily on PhonePe usage.
✗ No international lounge access as per current card data.
✗ Not as broad as a simple all-online-spend cashback card.

Who Should Consider PhonePe HDFC Bank Ultimo Credit Card?

This card is more useful for users with specific spending patterns.

Good Fit For

✓ Users who frequently use PhonePe for utility payments.
✓ People who want rewards on PhonePe UPI and selected online merchants.
✓ Users looking for a mid-fee card with utility, travel and shopping use cases.
✓ PhonePe users who can use gift card welcome benefits.

May Not Be Ideal For

✗ Users who pay bills through other apps.
✗ People who want high rewards across all online platforms.
✗ Users looking for premium travel benefits.
✗ People who dislike capped reward structures.

Not sure if PhonePe HDFC Bank Ultimo Credit Card is best for you?

Use CardBachat AI to compare PhonePe HDFC Bank Ultimo Credit Card with other cards based on your income, monthly spend, preferred platform and lounge preference.

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Frequently Asked Questions

Quick answers before you compare or apply.

Is PhonePe HDFC Bank Ultimo Credit Card worth it?

PhonePe HDFC Bank Ultimo Credit Card can be useful if your spending matches its main benefit categories such as Utility Bill Payments, Travel, Shopping, Grocery, Food Delivery. Always compare it with other cards before applying.

What is the annual fee of PhonePe HDFC Bank Ultimo Credit Card?

As per the current CardBachat card database, the annual fee is ₹ 999, Annual fee waiver on spending above ₹ 2 Lakh in a year.. Always verify the latest terms with the bank before applying.

Does PhonePe HDFC Bank Ultimo Credit Card offer lounge access?

As per the current CardBachat data, lounge access details are shown above if available. Benefits can change, so verify the latest terms directly with the bank.

Who should apply for PhonePe HDFC Bank Ultimo Credit Card?

Users who frequently spend on Utility Bill Payments, Travel, Shopping, Grocery, Food Delivery may consider this card. Users with different spending patterns should compare alternatives on CardBachat first.

Disclaimer: CardBachat provides educational credit card comparison assistance only. It does not guarantee approval, cashback, rewards, lounge access, or financial benefit. Final approval depends on bank eligibility, credit score, documents, income, bank relationship, and internal policies. We may earn a commission if you apply through affiliate links, at no extra cost to you. Read the full Disclaimer.