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Side-by-Side Comparison|Updated March 2026

PhonePe HDFC Bank Uno Credit Card vs PhonePe HDFC Bank Ultimo Credit Card

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

HDFC Bank

PhonePe HDFC Bank Uno Credit Card

8/10
Annual Fee₹499
Base Rewards0%
NetworkRuPay
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HDFC Bank

PhonePe HDFC Bank Ultimo Credit Card

8.5/10
Annual Fee₹999
Base Rewards1%
NetworkRuPay
View Full Details

Feature-by-Feature Comparison

FeaturePhonePe HDFC Bank Uno Credit CardPhonePe HDFC Bank Ultimo Credit Card
Annual Fee₹499₹999
Joining Fee₹499₹999
Fee Waiver Spend₹1,00,000₹2,00,000
Base Reward Rate0%1%
Reward CurrencyCashPointsReward Points
NetworkRuPayRuPay
Editor Rating8/108.5/10
Forex Markup3.5%3.5%

Accelerated Rewards

PhonePe HDFC Bank Uno Credit Card

No accelerated rewards listed

PhonePe HDFC Bank Ultimo Credit Card

  • 0% on PhonePe (Bills, Recharges, ... — 1000 pts/month
  • 0% on Online Brands (Amazon, Flip... — 500 pts/month
  • 0% on Scan & Pay (UPI) — 500 pts/month

Pros & Cons

PhonePe HDFC Bank Uno Credit Card

Pros

  • 1:1 reward redemption ratio for statement credit (cashback)
  • Joining fee effectively zeroed out through welcome gift cards
  • Seamless UPI integration on RuPay network with rewards for scan & pay
  • Accelerated rewards on popular online brands like Amazon and Flipkart

Cons

  • No airport lounge access provided in this variant
  • Strict monthly caps of 500 points per category
  • No reward points on offline/in-store swipes (non-UPI)

PhonePe HDFC Bank Ultimo Credit Card

Pros

  • 10% reward points on PhonePe utility bills, recharges, and travel bookings.
  • 5% reward points on major online brands like Amazon, Flipkart, Swiggy, and Zomato.
  • 1% reward points on all UPI Scan & Pay transactions (RuPay on UPI).
  • 1:1 redemption ratio for reward points against statement credit (cashback).

Cons

  • Monthly capping on reward points (1,000 for 10% category, 500 for 5% category).
  • Lounge access is milestone-based (requires ₹75,000 spend in the previous quarter).
  • Reward points expire within 1 year of accrual.

Our Verdict

PhonePe HDFC Bank Ultimo Credit Card edges ahead overall with a stronger combination of rewards and value. However, PhonePe HDFC Bank Uno Credit Card could be the better pick if its specific category strengths match your spending habits.

Choose PhonePe HDFC Bank Uno Credit Card if

Users who heavily utilize PhonePe for bill payments, recharges, and travel bookings will benefit most from the 2% reward rate.

Choose PhonePe HDFC Bank Ultimo Credit Card if

High 10% value-back on utility bills and recharges via the PhonePe app.

Frequently Asked Questions

Which is better: PhonePe HDFC Bank Uno Credit Card or PhonePe HDFC Bank Ultimo Credit Card?
PhonePe HDFC Bank Ultimo Credit Card edges ahead overall with a stronger combination of rewards and value. However, PhonePe HDFC Bank Uno Credit Card could be the better pick if its specific category strengths match your spending habits.
What is the annual fee difference between PhonePe HDFC Bank Uno Credit Card and PhonePe HDFC Bank Ultimo Credit Card?
PhonePe HDFC Bank Uno Credit Card has an annual fee of ₹499, while PhonePe HDFC Bank Ultimo Credit Card has an annual fee of ₹999. PhonePe HDFC Bank Uno Credit Card offers a fee waiver on ₹1,00,000 annual spend. PhonePe HDFC Bank Ultimo Credit Card offers a fee waiver on ₹2,00,000 annual spend.
Which card has better rewards: PhonePe HDFC Bank Uno Credit Card or PhonePe HDFC Bank Ultimo Credit Card?
PhonePe HDFC Bank Uno Credit Card offers a base reward rate of 0%. PhonePe HDFC Bank Ultimo Credit Card offers 1% base rewards with bonuses on PhonePe (Bills, Recharges, ... and Online Brands (Amazon, Flip.... The better choice depends on your primary spending categories.
Can I have both PhonePe HDFC Bank Uno Credit Card and PhonePe HDFC Bank Ultimo Credit Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. PhonePe HDFC Bank Uno Credit Card and PhonePe HDFC Bank Ultimo Credit Card can complement each other if they cover different reward categories.
Which card is better for beginners: PhonePe HDFC Bank Uno Credit Card or PhonePe HDFC Bank Ultimo Credit Card?
For beginners, PhonePe HDFC Bank Uno Credit Card may be more approachable with a lower annual fee of ₹499. However, evaluate based on your expected spending pattern rather than fee alone.

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