New Delhi, Aug. 7 -- In the last few years, some banks have excluded utility bill payments from earning rewards from their credit card programs. Some banks have even started charging a convenience fee if the amount spent on utility bill payments exceeds a specified amount in a billing cycle.

However, utility bills are something that every household needs to pay every month. In such a scenario, what if you could get a credit card with a 10% reward rate on utility bill payments? Yes, the PhonePe SBI Card SELECT BLACK provides a 10% reward rate on utility bills, insurance, travel, and much more.

So, let us look at the features and benefits of this card and whether you should take it.

Rewards structure: The PhonePe SBI Card SELECT BLACK pr...