AJIO gold purchase – Can we stack UPI discount + PhonePe SBI Select Black 5% cashback?

​

Hey everyone,

Quick question specifically for gold purchases on AJIO 👇

If I buy gold (coins/jewellery) on AJIO and pay via:

👉 PhonePe UPI using SBI Select Black RuPay credit card

Will I get:

1. AJIO UPI instant discount (if available)

2. 5% cashback (reward points) from PhonePe Select Black

Or Only one of them works?

Also, is gold even eligible for the 5% cashback, or is it treated as an excluded category?

If anyone has tried this exact scenario, please share your experience 🙏