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flag PhonePe and SBI launch co-branded credit card with zero joining fees and 5% online rewards.

flag PhonePe and State Bank of India have launched a co-branded credit card with no joining fee for the first year. flag Cardholders earn 5% rewards on all online purchases, 10% on select PhonePe transactions, and 1% on UPI payments. flag The card also offers travel benefits like airport lounge access and is available for application entirely through the PhonePe app.

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