BPCL SBI Card Octane

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BPCL SBI Card Octane is a cobranded credit card for fuel spends at BPCL pumps.

Image Credit: SBI Cards

Features and Benefits

Welcome Benefit

6000 RP worth Rs. 1500 on payment of activation fees.

Reward Points

    • 25X (6.25%) Reward Points on fuel purchases at BPCL petrol pumps. Maximum 2500 Reward Points per billing cycle
    • Also enjoy 1% Fuel surcharge waiver on every BPCL transaction upto ₹ 4000 (exclusive of GST and other charges) Max 100/cycle.
    • 25X RP for purchases at Bharath Gas (Website & App) Max 500 RP/month
    • 10X (2.5%)Reward Points on every ₹ 100 spent at Groceries, Departmental Stores, Movies & Dining (Up to 7500 Reward Points per month)
    • Get 1 Reward Point for every Rs. 100 spent on non-fuel retail purchases.
    • 4 Reward Points = Re 1.
    • Flexible Instant Redemption Program at select 1200 BPCL petrol pumps. Click here for POS. Click here for e-voucher redemption at BPCL.
    • You can also redeem the points from SBI Rewards program.
    • No minimum threshold of Reward Points for redemption
    • Click for details.
    • No reward points on wallet load/cash withdrawal. 
    • SBI Charges 99+GST on Rent payments

Lounge Access 

    • Enjoy complimentary Lounge Access at Domestic Airport. Click here for list.

Milestone Previlages

    • Get milestone gift voucher worth Rs 2000 from Aditya Birla Fashion, Yatra, Bata or Hushpuppies on spends of 3Lakhs.

Fees

  • Joining/Annual fee: 1499+GST; Annual fee is waived of on annual spends of 2,00,000.
  • Joining fee is compensated with welcome benefits.

Verdict

SBI BPCL Octane Credit card is good for high fuel spenders. You can avail accelerated benefit of 6.25% for 10,000/month and spend 2Lakhs annually. 2.5% reward rate on Departmental store, Grocery, Dining and Movies is pretty good though base rate is only 0.25%. Milestone benefits also increase overall rate by 1%. I feel its one of the under rated cards. Good high fuel spenders and meet 2Lakhs annually. 


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