BPCL SBI Card OCTANE

  • SBI BPCL Octane Credit Card is a popular Fuel Credit Card
  • It is suitable for frequent fuel users and on-road travellers
  • You can enjoy 25 Reward Points on every Rs 100 spent at BPCL Fuel, Lubricants & Bharat Gas

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

BPCL SBI Card OCTANE

sbi bpcl octane credit card.png

Image Source: SBI Official Website

Suitability

Fuel Transactions

Joining Fee

Rs 1499 + GST

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-

Welcome Benefit

As a welcome bonus, you will receive 6,000 bonus reward points upon payment of the annual membership fee

Reward Points

  • Spending Rs. 100 on fuel at BPCL refill stations earns you 25 reward points (maximum 2,500 reward points per month)

  • 10 points for every Rs. 100 spent on grocery, department stores, and cinema tickets (maximum 7,500 reward points per month).

  • 25 Reward Points on every Rs 100 spent on Bharat Gas (Website and app only) is capped at 500 Reward Points per billing cycle

Renewal Fees Waiver

Renewal charge waived if Rs. 2,00,000 was spent in the previous year

Fuel Freedom Benefits

All petrol transactions up to Rs. 4,000 are exempt from the 1% fuel surcharge (exclusive of GST and other charges)

Other Benefits

  • One lakh in complimentary fraud liability coverage

  • For an annual expenditure of Rs. 3,00,000 or more, Aditya Birla Fashion, Yatra, Hush Puppies, or Bata will give you a Rs. 2,000 gift voucher

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-

Joining Fees

Rs. 1,499 + GST

Renewal Charges

Rs. 1,499 + GST

Finance Charges

42% pa

Late Payment Fees

Outstanding Balance

Late Payment Charges (Excl. GST)

Less than Rs 500

Nil

Rs 500 to Rs 1000

Rs 400

Rs 1001 to Rs 10,000

Rs 750

Rs 10,001 to Rs 25,000

Rs 950

Rs 25,001 to Rs 50,000

Rs 1100

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

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

Credit Card Name

Feature

SBI BPCL Credit Card

4.25% cashback on fuel purchases made at BPCL stations.

HDFC Bharat Cashback Credit Card

5% rebate on monthly gasoline expenses.

IndianOil Axis Bank Credit Card

4% cash back on fuel purchases at IOCL locations.

IndianOil HDFC Bank Credit Card

5% of fuel purchases as fuel points at IndianOil locations.

Other SBI Credit Cards

SBI Elite Credit Card

BPCL SBI Card

CASHBACK SBI Card

IRCTC SBI Card

SBI Prime Credit Card

SBI Card PULSE

SimplyCLICK SBI Credit Card

SBI Unnati Credit Card

SBI SimplySave Credit Card

SBI Shaurya Credit Card

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