ONE OF THE BEST FUEL CARDS IN INDIA, HIGH FUEL REWARD RATE AND LOUNGE ACCESS

BPCL SBI Octane Credit Card

BPCL SBI Octane Credit Card - Our Money Guide Our Rating 4.25
Top Reasons to Choose
✔︎
7.25% reward on BPCL fuel, on purchases up to ₹10,000 per month
✔︎
2.50% reward on groceries, departmental stores, movies & dining (on total spends up to ₹75,000 per month)
✔︎
Up to 0.6% additional reward at ₹3 lakh annual card spend
✔︎
Domestic airport lounge access - 1 time per quarter
Annual Fee

₹1499

Minimum Income

Not specified

Annual Fee Offers
  • Welcome Offer: 6000 reward points worth ₹1500
  • Renewal Offer: Annual fee waived on ₹2 lakh annual spend

7.25% Reward on BPCL Fuel 

  • 6.25% rewards: 25 points worth ₹6.25, per ₹100 spent. Monthly limit: 2500 reward points worth ₹625, reached at ₹10,000 monthly spend.
  • 1% fuel surcharge waiver: Valid on fuel transactions up to ₹4,000. Monthly limit: - ₹100, reached at ₹10,000 monthly spend 
  • Includes: BPCL lubricants and Bharat Gas (500 points monthly limit on Bharat Gas)

2.5% rewards on shopping & entertainment 

  • Categories: Groceries, department stores, movies, dining
  • Earning rate: 10 points worth ₹2.50, per ₹100 spent
  • Monthly limit: 7,500 reward points across all categories combined, reached at ₹75,000 monthly spend 

0.25% rewards on other purchases

  • Earning rate: 1 point per ₹100 (₹0.25 value)
  • Coverage: Includes UPI spending on RuPay variants
  • Important exclusions: Wallet loads, rent payments, non-BPCL fuel purchases

Value of reward points & redemption

  • Value: 1 point = ₹0.25
  • Method: BPCL voucher purchases via SBI Card rewards platform, instant redemption of points at select BPCL outlets

Upto 0.6% Annual Milestone Reward (At ₹3 lakh spend)

  • Gift vouchers: ₹2,000 value (0.66% additional reward)
  • Options: Aditya Birla Fashion, Yatra, Bata/Hush Puppies

Domestic airport lounge access: 4 visits annually (maximum 1 per quarter) 

Fraud protection: ₹1 lakh liability cover for card misuse

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Benefits

  • One of the highest fuel reward rate in the industry (7.25% including fuel surcharge waiver)
  • 2.50% reward on a number of day-to-day shopping and entertainment categories
  • Practically free with ₹2 lakh annual spending
  • Domestic airport lounge access included
  • RuPay variant available for earning UPI rewards

Drawbacks

  • Fuel rewards restricted to BPCL fuel pumps
  • High annual fee 
  • Limited rewards on non-fuel purchases, especially travel purchases

To read the full review of the card , please click here

BASE VERSION OF SBI BPCL CREDIT CARDS

BPCL SBI Credit Card

BPCL SBI Credit Card - Our Money Guide Our Rating 4.0
Top Reasons to Choose
✔︎
4.25% reward on BPCL fuel, on purchases up to ₹10,000 per month
✔︎
1.25% reward on groceries, departmental stores, movies & dining - on total spends up to ₹1 lakh per month
✔︎
Low yearly card spend requirement of ₹50,000, to get annual fee waiver
Annual Fee

₹499

Minimum Income

Not specified

Annual Fee Offers
  • Welcome offer: 2000 reward points worth ₹500
  • Renewal offer: Annual fee waived at ₹50,000 annual spend

4.25% reward on BPCL fuel 

  • 3.25% reward: 13 reward points worth ₹3.25, per ₹100 spent. Valid only on fuel transactions below ₹4000. Monthly limit: 1300 reward points worth ₹325, reached at ₹10,000 monthly spend.
  • 1% fuel surcharge waiver at BPCL pumps: Valid only on fuel transactions up to ₹4000. Monthly limit: ₹100, reached at ₹10,000 monthly spend 

1.25% rewards on shopping & entertainment 

  • Categories: Groceries, department stores, movies, dining
  • Earning rate: 5 points worth ₹1.25, per ₹100 spent
  • Monthly limit: 5000 reward points across all categories combined, reached at ₹1 lakh monthly spend 

0.25% rewards on other purchases

  • Earning rate: 1 point per ₹100 (₹0.25 value)
  • Important exclusions: Mobile wallet loads, non-BPCL fuel purchases, rent

Value of reward points & redemption

  • Value: 1 point = ₹0.25
  • Method: BPCL voucher purchases via SBI Card rewards platform, instant redemption of points at select BPCL outlets
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Benefits

  • 4.25% on fuel purchases (3.25% on fuel spends and 1% fuel surcharge waiver)
  • First year annual fee is compensated by welcome benefits worth ₹500
  • Low yearly spend requirement of ₹50,000 to get annual fee waivers

Drawbacks to consider

  • Accelerated fuel rewards are only available at BPCL outlets
  • Low rewards on non-fuel spends

To read the full review of the card , please click here
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Comparing the 2 SBI BPCL Fuel Credit Cards-

BPCL SBI Octane Credit Card is the premium version. It provides one of the highest rewards on fuel purchases, and is one of the best fuel credit cards in India.

BPCL SBI Credit Card is suitable for those looking for a comparatively lower fee fuel card, with a lower card spending requirement for annual fee waivers.

Let us compare these two SBI BPCL Credit Cards in the below comparison table-

Card Name Annual Fee Benefits

BPCL SBI Octane Credit Card

Minimum Income

Not specified

 Annual Fee - ₹ 1499
  • Welcome Offer: 6000 reward points worth ₹1500
  • Renewal Offer: Annual fee waived on ₹2 lakh annual spend
 Special Benefits
  • 7.25% reward on BPCL fuel purchases, on monthly purchases up to ₹10,000
  • Up to 0.6% additional reward at ₹3 lakh annual card spend
  • Domestic airport lounge access - 1 time per quarter
  • 2.50% reward on groceries, departmental stores, movies & dining (on total monthly spends up to ₹75,000)

BPCL SBI Credit Card

Minimum Income

Not specified

 Annual Fee - ₹ 499
  • Welcome offer: 2000 reward points worth ₹500
  • Renewal offer: Annual fee waived at ₹50,000 annual spend
 Special Benefits
  • 4.25% reward on BPCL fuel, on purchases up to ₹10,000 per month
  • Low yearly card spend requirement of ₹50,000, to get annual fee waiver 
  • 1.25% reward on groceries, departmental stores, movies & dining - on total spends up to ₹1 lakh per month

SBI Credit Card Fuel Surcharge Waiver

Most SBI credit cards offer fuel surcharge waivers. 

There is usually a restriction on the amount of surcharge waiver; there is usually a maximum amount of fuel surcharge waiver given each month. There are also generally restrictions on the fuel transaction amount on which these waivers are given. 

Hence, looking at the details carefully and understanding the fuel surcharge waiver conditions for your SBI credit cards is important.

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