BPCL SBI Card Octane

With BPCL SBI Card Octane card, you can save on multiple categories, including groceries, lifestyle, entertainment and more. However, the maximum benefits are offered only on fuel transactions. Below mentioned are some key benefits of the BPCL SBI Card Octane benefits:

When you pay the joining fee, you'll receive a bonus of 6,000 reward points worth Rs. 1,500. These reward points will be added to your account within 30 days of paying the joining fee. You can use these reward points can be redeemed instantly against fuel purchases at BPCL.

With this credit card, you can enjoy a 7.25% value-back, which means you get 25X reward points when you buy fuel at BPCL petrol pumps. Here are the specifics:

• 25X reward points = 6.25% reward points + 1% fuel surcharge waiver on every transaction up to Rs. 4,000
• Maximum 2,500 reward points can be accumulated per billing cycle
• Maximum surcharge waiver of Rs. 100 in a statement cycle, which is equivalent to an annual savings of Rs. 1,200
• 1 reward point = Re. 0.25

You can earn reward points on your transactions as per the below details:

• Get 25 Reward Points for every Rs. 100 spent at Bharat Gas, BPCL Fuel, and Lubricants (only on the website and app).
• Get 10 Reward Points for every Rs. 100 spend on dining, groceries, movies, and department stores (maximum of 7500 Reward Points each month).
• Get 1 reward point for every 100 rupees spent on other retail transactions (excluding Mobile wallet upload & Non BPCL fuel spends).
• 25 Reward Points on every Rs. 100 spent on Bharat Gas (Website and app only) is capped at 500 Reward Points per billing cycle
• 1 reward point for every Rs. 100 spent on non-fuel retail purchases, excluding mobile wallet upload & non-BPCL fuel spends
• 4 reward points = Re. 1 | 1 reward point = Re. 0.25

The following methods are available for using reward points:

• At the BPCL gas stations.
• Gift vouchers can be bought via SBI's mobile app or on sbicard.com.
• Reward points accrued expire two years (24 months) after the date of accrual.
• Against cash (that is, against the card's statement charge) through email or phone contact with SBI's customer service.

Also read: Best Rewards Credit Cards in India

• Enjoy the freedom to avoid paying the 1% fuel surcharge at all BPCL gas stations in India for transactions up to Rs. 4,000, which does not include GST or other fees.
• A maximum fuel price waiver of Rs. 100 per credit card account statement cycle is offered, saving Rs. 1200 annually.

• Receive an E-gift voucher worth Rs. 2,000 from Aditya Birla Fashion/ Yatra/ Hush Puppies/ Bata when you spend Rs. 3 lakh annually.

• Enjoy 4 free visits per calendar year to domestic VISA lounges in India with a maximum of 1 visit allowed per quarter.

• On dining bills at some restaurants, you receive 10x reward points (10 reward points for every Rs. 100 spent) in expedited reward points. (Monthly maximum of 7,500 Reward Points)

• Get a complimentary Rs. 1 lakh fraud liability cover.

• Use the balance transfer feature to transfer the unpaid amounts from other credit cards to your BPCL SBI Card OCTANE.

• Use Flexipay to convert purchases over Rs. 2,500 into convenient monthly installments.

• Contactless technology is included with the BPCL SBI Card OCTANE.

In addition to the benefits mentioned earlier, you can also enjoy these additional perks with The BPCL SBI Card Octane:

• Renewal Fee Reversal: Get Annual fee reversal on spending Rs. 2 lakh in a year.
• Fraud Liability: Complimentary fraud liability cover of Rs. 1 lakh.
• EMI Conversion: You have the flexibility to convert purchases of Rs. 2,500 or more into easy EMIs using the Flexipay option.

Here are the fees and charges associated with The SBI BPCL Octane Credit Card:

BPCL SBI Credit Card Octane Eligibility Criteria

You must fulfill the following specified eligibility requirements in order to be eligible for a BPCL SBI Card Octane:

• The candidate must be older than eighteen.
• The candidate needs to be financially stable.
• Available to both Salaried and Self-employed.
• The candidate should have a strong credit history and score.

Documents Required to Apply for the BPCL SBI Credit Card Octane

When submitting an application for a BPCL SBI Credit Card Octane, the following files must be uploaded or submitted:

Here are some other fuel cards that offer similar benefits, listed in the table below:

The SBI BPCL Octane Credit Card is an excellent choice if you primarily use Bharat Petroleum for your fuel needs. With an annual fee of Rs. 1,499, this card offers great value-back on fuel purchases and rewards across various spending categories.

Your benefits are linked to your fuel spending, so the more you spend on fuel, the more you'll earn. Keep in mind that for non-fuel retail purchases, the value-back is lower at 0.25%, which is below average. This card is most suitable if fuel expenses make up a significant portion of your monthly budget. Plus, you can have your annual fee reversed by spending Rs. 2 lakh annually.

Aside from fuel, you can also earn rewards on groceries, dining, shopping, and movie tickets. Additional perks like complimentary lounge access and milestone rewards make this card even more appealing.

The bank will determine the credit limit for the BPCL SBI Card OCTANE. Before determining a credit card limit, the State Bank of India considers a number of factors, including the applicant's credit score, credit utilization percentage, and payment history for previous loans.