BPCL SBI Card Octane
Best for high fuel spenders at BPCL pumps. 25 RP per Rs 100 at BPCL fuel (7.25% value-back incl. surcharge waiver); 10 RP per Rs 100 on groceries, departmental stores, movies, dining; 1 RP per Rs 100 elsewhere. 1 RP = Rs 0.25
Terms as of 2026-04-28 · Checked 30 September 2026BPCL SBI Card Octane at a glance
Who it suits: High fuel spenders at BPCL pumps
Rewards & cashback
| Details | |
|---|---|
| How you earn | 25 RP per Rs 100 at BPCL fuel (7.25% value-back incl. surcharge waiver); 10 RP per Rs 100 on groceries, departmental stores, movies, dining; 1 RP per Rs 100 elsewhere. 1 RP = Rs 0.25 |
| Caps & exclusions | BPCL fuel 2,500 RP/month; 10X categories 7,500 RP/month; no RP on wallet loads or non-BPCL fuel |
| Welcome benefit | 6,000 bonus RP (Rs 1,500) on joining fee payment |
Yearly reward value at base rate
| Spend | Rewards (base rate) | Net of annual fee + GST |
|---|---|---|
| ₹1,20,000 / year | ₹300 | -₹1,469 |
| ₹3,00,000 / year | ₹750 | ₹750 |
| ₹6,00,000 / year | ₹1,500 | ₹1,500 |
| ₹12,00,000 / year | ₹3,000 | ₹3,000 |
Base rate only; accelerated categories raise the value, caps and excluded categories (rent, fuel, wallet, utilities etc. on many cards) lower it.
Travel, lounge & fuel benefits
| Benefit | Details |
|---|---|
| Airport lounge | 4 domestic lounge visits/yr (max 1/quarter) |
| Fuel surcharge | 1% waiver at BPCL on up to Rs 4,000/transaction, max Rs 100/month |
Fees & charges
| Charge | Amount |
|---|---|
| Joining fee | ₹1,499 + GST |
| Annual / renewal fee | ₹1,499 + GST |
| Fee waiver | Annual fee reversed on Rs 2 lakh annual spend |
| Finance charge | Typically about 3.5%–3.75% per month on revolved balances (lower on some premium and secured cards) — see MITC |
| Cash withdrawal | Usually 2.5% (min ₹500) + interest from day one |
| Late payment | Slab-based, only if unpaid more than 3 days past due |
| GST | 18% on all fees and interest |
Is it worth it for you?
Eligibility & documents
| Criterion | Details |
|---|---|
| Age | 21-70 (per card pages) |
| Credit score | 750+ improves approval chances |
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Frequently asked questions
What is the annual fee of the BPCL SBI Card Octane?
Joining fee ₹1,499 and annual fee ₹1,499 (plus 18% GST). Annual fee reversed on Rs 2 lakh annual spend.
What rewards does it offer?
25 RP per Rs 100 at BPCL fuel (7.25% value-back incl. surcharge waiver); 10 RP per Rs 100 on groceries, departmental stores, movies, dining; 1 RP per Rs 100 elsewhere. 1 RP = Rs 0.25 Caps/exclusions: BPCL fuel 2,500 RP/month; 10X categories 7,500 RP/month; no RP on wallet loads or non-BPCL fuel
Does it give airport lounge access?
4 domestic lounge visits/yr (max 1/quarter)
Is the BPCL SBI Card Octane good for me?
Best for: High fuel spenders at BPCL pumps. Compare the net value after fees with how and where you actually spend — the calculator on this page helps.
Source: www.paisabazaar.com, 2026-04-28. Card benefits change frequently — confirm the latest Most Important Terms & Conditions (MITC) on SBI Card’s website before applying. FinancePortal is not affiliated with the issuer.