About PhonePe HDFC Bank Ultimo Credit Card
PhonePe HDFC Bank Ultimo Credit Card is the higher-tier option in HDFC Bank’s co-branded lineup with PhonePe, positioned above the PhonePe HDFC Uno Card. Issued on the RuPay network, it lets users earn reward points on every transaction, which can be redeemed as cashback at full value or used on HDFC SmartBuy at a marginally reduced rate.
The card stands out for offering accelerated rewards of up to 10% across commonly used categories such as online shopping, entertainment, travel, food delivery, utilities, bill payments, and mobile recharges—areas that typically attract limited rewards on many cards. In addition, eligible UPI transactions also earn a 1% savings benefit.
Beyond rewards, the Ultimo Credit Card provides access to domestic airport lounges upon meeting quarterly spending thresholds. The joining fee is effectively offset through a matching welcome benefit, while the annual fee can be waived on achieving modest yearly spend levels, making it accessible even for regular spenders.
Note: This credit card is not available on Paisabazaar. The information shared here is for reference purposes only. To apply or register interest, please visit the official HDFC Bank website.
Rewards Structure
Up to 10% Value Back: Earn accelerated reward points on expenses such as utility payments, movie tickets, hotel stays, travel bookings, mobile recharges, bill payments, PhonePe Pincode app usage, and Travel Switch spends on PhonePe. Monthly earning limit applies.
Up to 5% Value Back: Receive bonus reward points on popular brands and platforms including Myntra, Swiggy, Zomato, Amazon, Ajio, Flipkart, and Uber, subject to a monthly cap.
Up to 1% Value Back on UPI: Get base reward points on Scan & Pay transactions, with a defined monthly limit.
Reward Redemption Options:
Each reward point can be redeemed as cashback at full value and adjusted against the card statement.
Alternatively, points can be used on HDFC SmartBuy for merchandise or for flight and hotel bookings at a lower redemption rate.
Other Features & Benefits
Welcome Offers
Receive a PhonePe gift voucher worth ₹499 on completing your first UPI transaction.
Earn additional PhonePe vouchers of up to ₹500 by completing a set number of subsequent UPI payments, with rewards credited per transaction.
Airport Lounge Privileges
Annual Fee Waiver
Fuel Savings
PhonePe HDFC Bank Ultimo Credit Card Reward Points & Cashback Calculator
PhonePe HDFC Ultimo: Fees & Charges
Things to Know Before You Apply
This card may suit you if:
You want a RuPay credit card that helps you earn savings on UPI payments along with higher rewards on widely used online shopping and service platforms.
PhonePe is your primary payment app, or you’re willing to use it regularly to unlock better value-back.
You spend significantly on utilities, bill payments, and recharges and prefer earning rewards on these everyday categories.
You are interested in domestic airport lounge access and are comfortable meeting the required quarterly spend criteria to use this benefit.
Steps to Close PhonePe HDFC Bank Ultimo Credit Card
If you want to close your PhonePe HDFC Bank Ultimo Credit Card, it is important to follow the proper procedure provided by HDFC Bank to ensure a smooth and secure closure process.
Contact Customer Care
- Call HDFC Bank customer care using the number mentioned on the back of your credit card or the official website
- Follow the IVR menu and select the credit card services option
- Connect with a customer care executive to request card closure
Follow the Closure Process
- Ask the executive to initiate your credit card closure request
- You may also be guided through the IVR system to submit the request
- Carefully follow all instructions provided during the process
Verify Your Details
You will need to confirm your identity by providing
- Full name
- Registered mobile number
- Last four digits of your credit card
- Any additional verification details if required
Confirm Closure Request
- After completing verification, confirm your closure request
- Ensure all outstanding dues are fully cleared before final approval
- The bank may take a few working days to process the request
Important Points
- Clear all pending payments including EMIs, interest, and applicable charges
- Redeem all reward points or benefits before closing the card, as they may expire after closure
- Avoid using the card after submitting the closure request
- Request confirmation via SMS or email once the closure is processed
After Card Closure
- Cut the card diagonally across the chip and magnetic strip
- Check your credit report after a few weeks to confirm that the status is updated as “Closed”
- Report any discrepancy to the bank immediately
PhonePe HDFC Bank Ultimo Credit Card Helpline Number
If you need assistance related to your PhonePe HDFC Bank Ultimo Credit Card, you can contact the HDFC Bank customer support team. They provide help with billing queries, payments, card blocking, reward points, and other credit card-related services.
Customer Care Numbers (India)
These numbers can be used for all types of credit card-related queries across India.
International Support
- Overseas Helpline: +91-22-6160 6161
- This number can be used when calling from outside India
Email Support
Availability
- Customer support for general queries is available during working hours
- Emergency services such as card blocking are available 24×7
Services Available
- Assistance with billing and statement-related queries
- Support for payments and outstanding dues
- Help with reporting lost or stolen credit cards
- Card blocking, replacement, or reissue requests
- Guidance for credit card closure or cancellation
Important Points
- Keep your registered mobile number and card details ready for verification
- Do not share confidential information such as OTP, PIN, or CVV
- Always use official HDFC Bank contact details to avoid fraud
- Immediately report any suspicious or unauthorized transactions
