PhonePe HDFC Launch First Co-Branded Credit Card with UPI Rewards

PhonePe partners with HDFC Bank to launch its first co-branded RuPay credit card, offering seamless UPI payments.

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The card targets Indian consumers, providing rewards on UPI transactions, bill payments, recharges, and travel bookings.

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Available in Ultimo and UNO variants, the card integrates with millions of UPI merchants nationwide.

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HDFC Bank emphasizes accessibility, aiming to make credit card usage rewarding and widespread via UPI.

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Ultimo variant offers 10% rewards on PhonePe app spends, 5% on online merchants, and lounge access.

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Eligible PhonePe users can apply digitally, link the card for UPI payments, and manage bills seamlessly.

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