BPCL SBI Card OCTANE
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The BPCL SBI Card Octane is a higher-end variant of the previously released co-branded BPCL SBI Card. The card provides cashback on fuel purchases at select Bharat Petroleum Gas stations, as well as accelerated returns on a variety of categories such as groceries, entertainment, and restaurants.
This card is an excellent choice if you spend a significant portion of your monthly budget on petrol, particularly at BPCL shops.
Key Highlights
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BPCL SBI Card OCTANE |
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Image Source: SBI Official Website |
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Suitability |
Fuel Transactions |
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Joining Fee |
Rs 1499 + GST |
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Benefits |
You can enjoy 7.25% Value back - 25X Reward Points on fuel purchases at BPCL petrol pumps. Note, that it has a maximum 2500 Reward Points per billing cycle |
Features and Benefits of SBI BPCL Octane Credit Card
The benefits and features are listed below-
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Welcome Benefit |
As a welcome bonus, you will receive 6,000 bonus reward points upon payment of the annual membership fee |
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Reward Points |
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Renewal Fees Waiver |
Renewal charge waived if Rs. 2,00,000 was spent in the previous year |
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Fuel Freedom Benefits |
All petrol transactions up to Rs. 4,000 are exempt from the 1% fuel surcharge (exclusive of GST and other charges) |
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Other Benefits |
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Lounge Access |
4 complimentary domestic lounge visits per year (1 per quarter) |
Annual Fee and Charges of SBI BPCL Octane Credit Card
The charges are as follows-
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Joining Fees |
Rs. 1,499 + GST |
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Renewal Charges |
Rs. 1,499 + GST |
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Finance Charges |
42% pa |
Late Payment Fees
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Outstanding Balance |
Late Payment Charges (Excl. GST) |
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Less than Rs 500 |
Nil |
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Rs 500 to Rs 1000 |
Rs 400 |
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Rs 1001 to Rs 10,000 |
Rs 750 |
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Rs 10,001 to Rs 25,000 |
Rs 950 |
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Rs 25,001 to Rs 50,000 |
Rs 1100 |
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More than Rs 50,000 |
Rs 1300 |
Eligibility Criteria for BPCL SBI Card OCTANE
If an individual wants to apply for this credit card, you must qualify for the eligibility criteria and rules drafted by the SBI.
Documents Required to Apply
- ID Proof: Voter ID, Aadhaar Card, and Driver's License.
- Income Proof: ITR, Form 16, and Salary slip.
- Address Proof: Passport, Ration, Voter ID, and Aadhaar.
How to Apply for the BPCL SBI Card OCTANE?
Applicants can apply for the Octane credit card offline by visiting a bank near them and filling out an application.
There is also the opportunity to apply for the card online, via the website's chatbot ELA, or by the following method-
Step 1: Visit the SBI Card's official website.
Step 2: You will be taken to a page where all of the SBI Credit Cards are listed in various categories.
Step 3: Find the BPCL Card Octane Credit Card under the travel and gasoline category.
Step 4: Hit 'Apply now' and continue as needed.
Similar Credit Cards
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Credit Card Name |
Feature |
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4.25% cashback on fuel purchases made at BPCL stations. |
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HDFC Bharat Cashback Credit Card |
5% rebate on monthly gasoline expenses. |
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4% cash back on fuel purchases at IOCL locations. |
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5% of fuel purchases as fuel points at IndianOil locations. |
Other SBI Credit Cards
