About BPCL SBI Card Octane
BPCL SBI Card Octane is a co-branded fuel credit card and an upgraded version of the base BPCL SBI Card. This SBI credit card offers up to 7.25% value-back on fuel spends at BPCL, making it a strong option for regular commuters. However, it now faces competition from cards like the Indian Oil RBL XTRA Credit Card, which offers slightly higher value-back on fuel.
The card provides 25X reward points on BPCL fuel purchases (25 points per ₹100 spent), along with a fuel surcharge waiver of up to ₹100 per month. Apart from fuel, you also earn 10X reward points on categories like groceries, dining, movies, and departmental stores, covering everyday expenses. These reward points can be redeemed for fuel at BPCL outlets at a value of ₹0.25 per point.
Overall, this card is a great choice for BPCL loyal users who want to maximize fuel savings. However, the base reward rate on other spends is quite low, making it less suitable for users looking for broader benefits beyond fuel.
Co-branded with Bharat Petroleum Corporation Limited, the BPCL SBI Card Octane has long been a top contender among fuel credit cards in India, offering an impressive reward rate of 6.25% on BPCL fuel spends. While it comes with one of the highest annual fees in its category, the overall value-back justifies the cost. This is mainly due to accelerated rewards on categories like movies, groceries, dining, and departmental store purchases. In addition, the card also stands out for its complimentary lounge access feature, offering up to 4 lounge visits without any spend-based conditions—making it one of the most rewarding co-branded fuel credit cards available.
BPCL SBI Card Octane Rewards Program
Rewards Earning
- Earn 10 reward points per ₹100 on groceries, dining, movies and departmental stores (up to 7,500 points/month)
- Earn 1 reward point per ₹100 on other non-fuel spends
- Redeem reward points for fuel at ₹0.25 per point
Suggested Read: Best Rewards Credit Cards for Everyday Spending
Other Features and Benefits
Welcome Benefit
- Get 6,000 bonus reward points worth ₹1,500 on payment of the joining fee.
Fuel Benefits
Get up to 7.25% value back on your fuel expenses with the BPCL SBI Card OCTANE:
- Get 6.25% value back as 25 reward points per ₹100 on BPCL fuel, lubricants & Bharat Gas (up to 2,500 points/month)
- Get additional 1% value back via fuel surcharge waiver (up to ₹100/month)
Also Read: Best Fuel Credit Cards
Milestone Reward
- Spend ₹3 lakh in a year and get a ₹2,000 e-gift voucher from Aditya Birla, Yatra, Hush Puppies, or Bata.
Renewal Fee Waiver
- Spend ₹2 lakh in a year and get your annual fee waived.
Also Read: Best Fee Waiver Credit Cards in India
Lounge Access
- Enjoy 4 complimentary domestic airport lounge visits every year (1 per quarter).
Fraud Protection
- Get free fraud liability cover of up to ₹1 lakh.
EMI Option
- Convert spends of ₹2,500 or more into easy EMIs using the Flexipay feature.
Also Read: Best Credit Cards in India 2026
Fees and Charges
| Type of Charge | Amount |
|---|
| Joining fee | Rs.1,499 |
| Annual fee | Rs.1,499 |
| Add-on fee | Nil |
| Credit card finance charge | 3.5% on all unsecured SBI Credit Cards (except Shaurya) |
| Minimum amount due each month | 5% of total outstanding amount or Rs.200 + taxes, whichever is higher |
| Interest fee period | 20 to 50 days |
| Finance charge on cash advance | For domestic cash withdrawal, a fee of 2.5% or Rs.500 (whichever is higher) |
| Statement retrieval | Rs.100 per statement - for statements more than 2 months old |
| Late payment fee (charged based on the total outstanding amounts) | - Up to Rs.500 Nil
- Rs.501 to Rs.1,000-400
- Rs.1001 to Rs.10,000-750
- Rs.10,001 to Rs.25,000-950
- Rs.25,001 to Rs.50,000-1,100
- More than Rs.50,000-1,300
|
| Over limit fee | 2.5% |
| Card replacement fee - domestic | Rs.100 to Rs.250 |
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Document Required For BPCL SBI Card Octane
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Click here to know More Terms and Conditions
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
BPCL SBI Card Octane Highlights
What do we like about this card?
- Get 6,000 reward points as a welcome gift.
- Earn up to 7.25% value back on fuel spends at BPCL petrol pumps.
- Earn 25X reward points on BPCL fuel purchases (up to 2,500 points per month).
- Enjoy 4 free visits to domestic airport lounges every year.
- Get fraud protection cover up to ₹1 lakh.
Things to Know Before you apply
Get this card if:
- You spend a lot on fuel every month and want to save more through 25X reward points and fuel surcharge waiver.
- You mostly refuel at BPCL petrol pumps and also use Bharat Gas website/app.
- You regularly spend on groceries, dining, and movies, and want to earn extra reward points.
- You’re okay with using your reward points only for BPCL fuel redemption and don’t need other options.
Pros
- Earn 25X reward points on fuel spends at BPCL.
- Get 10X reward points on dining, movies, groceries, and departmental stores.
- Enjoy complimentary domestic airport lounge access (4 visits/year).
- Receive 6,000 bonus reward points as a welcome gift (worth the joining fee).
Cons
- Fuel benefits apply only at BPCL petrol stations.
- Fuel surcharge waiver is limited to ₹100 per month.
- Low rewards on other retail spends.
- Low redemption value — 1 reward point = ₹0.25.
SBI Bank Credit Card Contact Details
SBI Bank Credit Card offers multiple ways to get assistance for your credit card queries and services.
- Contact Address: SBI Cards and Payment Services Limited, Wazirpur, New Delhi
- Helpline: Dial 39 02 02 02 or 1860 180 1290 (prefix local STD code)
- Simply SMS: Send an SMS to 5676791 from your registered mobile number
For Further Support: Contact SBI Customer Care Center
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Frequently Asked Questions
You will earn up to 25 reward points for every Rs.100 spent on fuel transactions at BPCL petrol pumps. Plus, you can enjoy a fuel surcharge waiver on transactions up to Rs.4,000.
Yes, the annual fee of Rs.1,499 will be waived for the following year if you spend Rs.2 lakh or more.
The BPCL SBI Card Octane offers a 1% fuel surcharge waiver at BPCL stations on transactions up to Rs.4,000. It has a waiver cap of Rs.100 per statement cycle.
You can apply online through the SBI Card website or visit your nearest bank branch. Provide them with all the required documents for the application.
You can redeem your reward points by logging into the SBI Card portal or using the SBI Card mobile app. To complete the process Visit the 'Rewards Catalogue' there.
