On a typical ₹50,000 a month, PhonePe SBI Card SELECT BLACK returns about ₹18,360 a year after its fee and Kotak Cashback+ Credit Card about ₹8,220: a gap of ₹10,140. Points counted as cashback.
| Monthly card spend | Kotak Cashback+ Credit Card | PhonePe SBI Card SELECT BLACK |
|---|---|---|
| ₹20,000 | ₹3,120 | ₹5,749 |
| ₹50,000 | ₹8,220 | ₹18,360 |
| ₹1,20,000 | ₹13,741 | ₹33,668 |
| Spending | Kotak Cashback+ Credit Card | PhonePe SBI Card SELECT BLACK |
|---|---|---|
| Online shopping | ₹600 (0.5%) | ₹6,000 (5%) |
| Groceries | ₹2,640 (5%) | ₹960 (1%) |
| Food delivery | ₹2,400 (5%) | ₹2,400 (5%) |
| Dining out | ₹240 (0.5%) | ₹480 (1%) |
| Fuel | ₹1,440 (3%) | ₹0 (0%) |
| Bills & utilities | ₹0 (0%) | ₹4,920 (10%) |
| Travel & flights | ₹300 (0.5%) | ₹3,000 (5%) |
| UPI payments | ₹300 (0.5%) | ₹0 (0%) |
| Everything else | ₹300 (0.5%) | ₹600 (1%) |
| Kotak Cashback+ Credit Card | PhonePe SBI Card SELECT BLACK | |
|---|---|---|
| Annual fee | ₹750 | ₹1,499 |
| Fee waived at | ₹2,00,000 a year | ₹3,00,000 a year |
| Foreign markup | Not published | 1.99% |
Kotak Cashback+ Credit Card · PhonePe SBI Card SELECT BLACK · Compare on your own spending
On a typical ₹50,000 a month, PhonePe SBI Card SELECT BLACK returns about ₹18,360 a year after its fee and Kotak Cashback+ Credit Card about ₹8,220: a gap of ₹10,140. That is for a typical mix of spending with points counted as cashback. The better card for you depends on where your money goes, so compare them on your own numbers on SahiCard.
At ₹20,000 a month: Kotak Cashback+ Credit Card ₹3,120, PhonePe SBI Card SELECT BLACK ₹5,749. At ₹50,000 a month: Kotak Cashback+ Credit Card ₹8,220, PhonePe SBI Card SELECT BLACK ₹18,360. At ₹1,20,000 a month: Kotak Cashback+ Credit Card ₹13,741, PhonePe SBI Card SELECT BLACK ₹33,668.
Each card's rates, caps, exclusions and fees are read from the bank's own pages (last on 2026-09-30), then applied to the same spending for both cards.