BPCL SBI Card OCTANE

The BPCL SBI Card Octane is a higher-end variant of the previously released co-branded BPCL SBI Card. The card provides 7.25% cash back 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.

sbi bpcl octane credit card.png

Image Source: SBI Official website

Key Highlights

Suitability

Fuel Use

Annual Charges

Rs. 1,499

Joining Charges

Rs. 1,499

Rewards

7.25% value back on your fuel spending.

SBI BPCL Octane Credit Card Features and Benefits

The SBI BPCL Octane credit card benefits and features are enlisted below-

 

  • As a welcome bonus, you will receive 6,000 Bonus RPs upon payment of the annual membership cost.
  • Spending Rs. 100 on fuel at BPCL refill stations earns you 25 reward points (maximum 2,500 reward points per month).
  • Ten points for every Rs. 100 spent on grocery, department stores, and cinema tickets (maximum 7,500 reward points per month).
  • Renewal charge waived if Rs. 2,00,000 was spent in the previous year.
  • One reward point for every Rs. 100 spent on other retail purchases, excluding mobile wallet uploads and non-BPCL fuel stations.
  • All petrol transactions up to Rs. 4,000 are exempt from the 1% fuel surcharge.
  • One lakh in complimentary fraud liability coverage.
  • 4 complimentary domestic lounge visits per year (1 per quarter).
  • For an annual expenditure of Rs. 3,00,000 or more, Aditya Birla Fashion, Yatra, Urban Ladder, Hush Puppies, or Bata will give you a Rs. 2,000 gift voucher.

SBI BPCL Octane Credit Card Annual Fee and Charges

The SBI BPCL Octane credit card charges are as follows-

Joining Fees

Rs. 1,499

Renewal Charges

Rs. 1,499

Finance Charges

42% pa

Late Payment Charges

  • Rs. 500-1,000: Rs. 400.
  • Rs. 1,000 to Rs. 10,000: Rs. 750.
  • Rs. 10,000-15,000: Rs. 950.
  • Rs. 25,001-50,000: Rs. 1,100.
  • Rs. 1,300 for amounts greater than Rs. 50,001.

BPCL SBI Card OCTANE Eligibility Criteria

The eligibility criteria to apply for the credit card are mentioned below-

Age

21 - 70 Years

Occupation

Self-employed or Salaried

Documents Required to Apply

  1. ID Proof: Voter ID, Aadhaar Card, and Driver's License.
  2. Income Proof: ITR, Form 16, and Salary slip.
  3. 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 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.

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