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Meet BPCL SBI Octane Credit Card

SBI Card launched BPCL SBI Card Octane in late 2020, and it has ever since been one of the most popular card offerings. It is an upgraded version of the BPCL SBI Credit Card. While the Octane variant offers better rewards, it also carries a much higher annual fee of ₹1,499, whereas the other variant had a fee of only ₹499. BPCL SBI Card Octane gives you a higher 7.25% value back on fuel purchases at Bharat Petroleum fuel stations: 6.25% as reward points (25X reward rate), along with a 1% fuel surcharge waiver. In addition to the fuel benefits, you receive 10x reward points for spending on dining and movie tickets. As far as travel benefits are concerned, the card entitles you to 4 complimentary accesses to domestic airport lounges every year (a maximum of 1 per quarter). Affordable airport lounge access across popular airports in India is rare at such a price. This is the only SBI card with such benefits. If you travel a lot by car or motorbike, this is one of the best offerings in the market right now. You get a high reward rate of 6.5% (and a 1% surcharge waiver) on fuel spent at all BPCL stations across the country (the 1% surcharge waiver applies even at non-BPCL stations). Keep reading to learn more about the Octane card.

BPCL SBI Octane Credit Card MEMBERSHIP

JOINING FEERs. 1,499 + GST

Detailed Card Information

Everything You Need to Know

Discover the comprehensive benefits and features that make BPCL SBI Octane Credit Card the perfect choice for those who demand excellence.

Spend- Based Waiver

Next year's renewal fee waived on annual expenditure of Rs. 2 lakh.

Rewards Redemption Fee

Rs. 99 (plus applicable taxes) per redemption request.

Foreign Currency Markup

3.5% of the transaction amount

Interest Rates

3.5% per month (42% per annum)

Fuel Surcharge

1% fuel surcharge waiver on transactions up to Rs. 4,000 (max waiver of Rs. 100 in a month)

Cash Advance Charges

2.5% of the withdrawn amount (subject to a minimum charge of Rs. 500)

Movie & Dining

Accelerated 10 Reward Points for Every ₹100 Spent on Dining and Movie Tickets.

Rewards Rate

25 Reward Points/₹100 Spent at BPCL Fuel Stations (Reward Rate = 7.25%), 10 RPs/₹100 Spent on Groceries, Departmental Stores, and Movie Tickets, and 1 Reward Point for Every ₹100 Spent on All Other Expenditures

Reward Redemption

Redeem RPs for Fuel at BPCL Stations, Against Statement, or for Products and Vouchers With SBI

Travel

Complimentary domestic airport lounge visits

Domestic Lounge Access

4 complimentary access to domestic lounges every year (1 per quarter).

International Lounge Access

N/A

Golf

N/A

Insurance Benefits

Fraud Liability Cover of ₹1 Lakh

Get 6,000 Bonus RPs on the realization of the annual membership fee as a welcome benefit.

25 reward points on spending Rs. 100 for fuel purchases at BPCL refill stations (maximum 2,500 reward points per month).

10 reward points per Rs. 100 spent on groceries, departmental stores and movie ticket purchases (maximum 7,500 reward points per month).

1 reward point per Rs. 100 you spend on other retail purchases, except mobile wallet uploads and expenditures on non-BPCL fuel stations.

1% fuel surcharge waived on all petrol transactions up to Rs. 4,000.

4 complimentary access to domestic lounges annualy (1 per quarter).

Gift Vouchers worth Rs 2,000 from Aditya Birla Fashion or Yatra or Urban Ladder or Hush Puppies or Bata on annual expenditure of Rs. 3,00,000 or above.

Renewal fee waived off if Rs. 2,00,000 were spent in the last year.

Complimentary Fraud Liability cover of Rs. 1 Lakh

Welcome benefit of 6,000 Reward Points worth Rs 1500

Enjoy 10 Reward Points on spend of Rs. 100 at dining, movies and departmental stores.

There is a reward redemption fee of Rs. 99.

No insurance benefits are included with this account.

Why Choose BPCL SBI Octane Credit Card

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