Credit Card Comparison

PhonePe SBI SELECT BLACK vs PhonePe HDFC Bank Ultimo Credit Card

Last updated: July 2026

Compare PhonePe SBI SELECT BLACK and PhonePe HDFC Bank Ultimo Credit Card on PhonePe rewards, bill payments, travel, UPI, fees, lounge access and best users.

PhonePe SBI Card SELECT BLACK

PhonePe SBI Card SELECT BLACK

A PhonePe-heavy rewards card for bill payments, recharge, in-app travel and broad online shopping.

VS
PhonePe HDFC Bank Ultimo Credit Card

PhonePe HDFC Bank Ultimo Credit Card

A mid-fee PhonePe card for utility payments, recharge, PhonePe in-app travel, UPI and selected online merchants.

Quick Verdict

Choose PhonePe SBI SELECT BLACK if you want higher PhonePe-linked rewards and SBI Card ecosystem value. Choose PhonePe HDFC Ultimo if you want lower fee and domestic lounge access with PhonePe utility benefits.

Side-by-Side Comparison

Compare both cards on fees, rewards, lounge access, use cases and overall value.

Feature PhonePe SBI Card SELECT BLACK PhonePe HDFC Bank Ultimo Credit Card Better Choice
Best use case PhonePe bill payments, recharge, travel and broad online spends PhonePe utility, travel, selected online merchants and UPI Depends on spend level
Annual fee Rs. 1499 with waiver condition Rs. 999 with waiver condition PhonePe HDFC Ultimo
PhonePe rewards Higher selected PhonePe reward-point cap shown Lower selected PhonePe reward-point cap shown PhonePe SBI SELECT BLACK
Selected online merchants Useful across Amazon, Flipkart, Swiggy, Zomato, Myntra, Nykaa and more Useful across selected merchants like Amazon, Flipkart, Swiggy, Zomato, Myntra and Uber PhonePe SBI SELECT BLACK
UPI / Scan & Pay 1% rewards on other spends including Scan & Pay 1% reward points on Scan & Pay subject to cap Tie
Domestic lounge 4 domestic visits per year shown 8 domestic visits per year subject to spend condition PhonePe HDFC Ultimo for visit count
Fee comfort Higher fee Lower fee PhonePe HDFC Ultimo
Overall Better for heavy PhonePe users Better for moderate PhonePe users wanting lower fee Depends on PhonePe spend

Fees, Rewards and Lounge Access

Important details you should check before deciding between these two cards.

PhonePe SBI Card SELECT BLACK

Annual fee: ₹ 1499, Annual fee waiver on spending above ₹ 3 Lakh in a year.

Best for: Utility Bill Payments, Travel, Shopping, Grocery, Food Delivery

Lounge: 4 domestic visits per year as per current CardBachat data; no international lounge access shown.

  • 10% reward points on selected PhonePe spends subject to cap.
  • 5% reward points on selected online spends subject to cap.
  • 1% reward points on other spends including Scan & Pay.
Read full review →

PhonePe HDFC Bank Ultimo Credit Card

Annual fee: ₹ 999, Annual fee waiver on spending above ₹ 2 Lakh in a year.

Best for: Utility Bill Payments, Travel, Shopping, Grocery, Food Delivery

Lounge: 8 domestic visits per year subject to spend condition; no international lounge access shown.

  • 10% reward points on selected PhonePe spends subject to cap.
  • 5% reward points on selected merchants like Amazon, Flipkart, Swiggy, Zomato, Myntra and Uber.
  • 1% reward points on Scan & Pay subject to cap.
Read full review →

Which Card Should You Choose?

Pick the card that matches your actual monthly spending pattern.

Choose PhonePe SBI Card SELECT BLACK if

✓ You use PhonePe heavily for bills, recharge and travel.
✓ You want higher PhonePe-linked reward potential.
✓ You can justify the higher annual fee.

Choose PhonePe HDFC Bank Ultimo Credit Card if

✓ You want a lower-fee PhonePe card.
✓ You use PhonePe regularly but not extremely heavily.
✓ You value domestic lounge access subject to spend condition.

Pros and Cons

A quick view of strengths and limitations of both cards.

PhonePe SBI Card SELECT BLACK: Pros

✓ Strong value for PhonePe bill payments, recharge and in-app travel spends.
✓ Useful for online shopping platforms like Amazon, Flipkart, Swiggy, Zomato, Myntra and Nykaa.
✓ Offers domestic lounge access as per current card data.
✓ PhonePe gift card joining benefit can be useful for PhonePe users.

PhonePe SBI Card SELECT BLACK: Cons

✗ Reward structure is more complex than direct cashback cards.
✗ Best value depends on regular PhonePe usage.
✗ Annual fee is higher than many basic cashback cards.
✗ No international lounge access as per current card data.

PhonePe HDFC Bank Ultimo Credit Card: 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.

PhonePe HDFC Bank Ultimo Credit Card: 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.

Final Recommendation

PhonePe SBI SELECT BLACK is stronger for high PhonePe usage. PhonePe HDFC Ultimo is easier to justify for mid-level spenders.

Related Card Pages

Read detailed reviews before choosing your card.

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Frequently Asked Questions

Quick answers before you compare or apply.

Which is better: PhonePe SBI Card SELECT BLACK or PhonePe HDFC Bank Ultimo Credit Card?

PhonePe SBI SELECT BLACK is stronger for high PhonePe usage. PhonePe HDFC Ultimo is easier to justify for mid-level spenders.

Who should choose PhonePe SBI Card SELECT BLACK?

You use PhonePe heavily for bills, recharge and travel. You want higher PhonePe-linked reward potential. You can justify the higher annual fee.

Who should choose PhonePe HDFC Bank Ultimo Credit Card?

You want a lower-fee PhonePe card. You use PhonePe regularly but not extremely heavily. You value domestic lounge access subject to spend condition.

Should I verify latest card terms before applying?

Yes. Credit card fees, rewards, cashback caps, lounge access and eligibility can change. Always verify the latest terms with the bank before applying.

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.