PhonePe has announced a strategic partnership with Utkarsh Small Finance Bank to launch the Wish Credit Card. Phonepe aims to expand the reach of its offerings to a wider and digitally savvy audience. In a press release, PhonePe said, “The Wish Credit Card is designed to empower every Indian with easy access to credit by combining the security of a Fixed Deposit (FD) with the flexibility of a credit card." Users can get the Wish Credit Card by depositing a minimum of INR 2,000. The fixed deposit supporting the card also earns interest for financial benefits. It will also offer 3% rewards on recharges and bill payments, and 1% reward points on UPI Scan & Pay transactions. In a post on X (formerly Twitter), the company said, "It's a RuPay Credit Card, so you can link it for easy UPI payments." Paytm Playback: Fintech Firm Introduces Its First AI-Powered Voice Model To Turn Last Month’s Spends Into Rap Music (Watch Video).

PhonePe Partners With Utkarsh Small Finance Bank

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