BPCL SBI Card OCTANE

Joining Fee

₹1,499

Annual Fee

Rs. 1499 (Reversed on annual spends of Rs. 2 Lakhs)

Add-on Card Fee

Free per supplementary card

Fuel
Rewards
Best For: Frequent BPCL fuel station users, Individuals with high fuel expenses, Those seeking fuel surcharge waivers

BPCL SBI Card OCTANE

Rewards Structure

Base Reward Rate

1% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹2,500 /monthly

Pros

  • 7.25% value back on BPCL fuel spends
  • 25X reward points on BPCL fuel, lubricants and Bharat Gas
  • Welcome gift of 6000 bonus reward points worth Rs. 1500
  • 4 complimentary domestic lounge visits per year
  • Milestone benefit of Rs. 2000 gift vouchers on Rs. 3 lakh annual spends
  • Renewal fee waived on annual spends of Rs. 2 lakhs
  • Complimentary fraud liability cover of Rs. 1 lakh
  • Nil add-on card fee
  • Instant reward point redemption at BPCL petrol pumps

Cons

  • High joining and annual fee of Rs. 1499
  • 25X reward points capped at 2500 points per billing cycle
  • 10X dining/grocery/movies reward points capped at 7500 points per month
  • Bharat Gas 25X rewards capped at 500 points per billing cycle
  • Fuel surcharge waiver limited to transactions up to Rs. 4000
  • 1 reward point earned per Rs. 100 on all other retail spends is very low

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

25X reward points on BPCL fuel capped at 2500 points per billing cycle

Bharat Gas 25X reward points capped at 500 points per billing cycle

10X reward points on dining/stores/grocery/movies capped at 7500 per month

Fuel surcharge waiver applicable only on POS swipe transactions, not online

Maximum fuel surcharge waiver of Rs. 100 per statement cycle

Milestone vouchers require annual spend of Rs. 3 lakhs

Key Benefits & Features

Welcome gift of 6000 bonus reward points (equivalent to Rs. 1500) on payment of annual fees, credited within 30 days.

10 Reward Points per Rs. 100 spent on Dining, Departmental Stores, Grocery & Movies. Max 7500 points per month.

Instant redemption of Reward Points at select BPCL petrol pumps.

Notable Exclusions

No reward points on mobile wallet uploads and non-BPCL fuel spends (only 1 base point per Rs. 100).

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

These details are based on information updated on . Fees and benefits change often - confirm on the issuer's own page before applying.

About BPCL SBI Card OCTANE

The BPCL SBI Card OCTANE is a premium co-branded fuel credit card designed for frequent BPCL petrol pump visitors and individuals with significant fuel expenses. Cardholders enjoy an impressive 7.25% value back on fuel purchases at BPCL petrol pumps, earned through 25X Reward Points on every Rs. 100 spent on BPCL fuel, lubricants, and Bharat Gas. New cardholders receive a welcome gift of 6,000 bonus reward points worth Rs. 1,500 upon payment of the annual fee. Beyond fuel, the card rewards everyday spending with 10 Reward Points per Rs. 100 at dining, departmental stores, grocery outlets, and movie theaters, capped at 7,500 points per month. A 1% fuel surcharge waiver applies on BPCL transactions up to Rs. 4,000, offering annual savings of up to Rs. 1,200. Reward Points can be instantly redeemed at select BPCL petrol pumps, adding real convenience at the pump. Additional perks include four complimentary domestic airport lounge visits per calendar year, milestone rewards of e-gift vouchers worth Rs. 2,000 from brands like Aditya Birla Fashion, Yatra, or Bata upon annual spends of Rs. 3 lakhs, a complimentary fraud liability cover of Rs. 1 lakh, and an annual fee waiver on spends of Rs. 2 lakhs. The card carries a joining and annual fee of Rs. 1,499.

Expert Review

Our Verdict

Best fuel card for BPCL loyalists with 25X reward points and 7.25% value back on fuel spends.

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