About BPCL SBI Card Octane
The BPCL SBI Card Octane is a special credit card made for people who spend a lot on fuel. It gives great benefits when you fill fuel at BPCL petrol pumps—up to 7.25% value-back through 25 reward points on every ₹100 spent. You also get a fuel surcharge waiver of up to ₹100 per month. Apart from fuel, the card also gives 10X reward points on spending at grocery stores, departmental stores, restaurants, and movie theatres. You can use the reward points to get fuel at BPCL outlets. Here, 1 reward point = ₹0.25.
This card is perfect for BPCL customers who want to save money on fuel. However, the basic reward rate on other spending is only 0.25%, which may not be useful for everyone. While it was one of the best fuel cards in India for a long time, the Indian Oil RBL XTRA Credit Card now offers a better value-back of 8.5% on Indian Oil fuel spends. Still, for BPCL users, this card is a great way to earn and save more on daily fuel expenses.
Co-branded with Bharat Petroleum Corporation Limited, the BPCL SBI Card Octane has long been a top contender among fuel credit cards in India, offering an impressive reward rate of 6.25% on BPCL fuel spends. While it comes with one of the highest annual fees in its category, the overall value-back justifies the cost. This is mainly due to accelerated rewards on categories like movies, groceries, dining, and departmental store purchases. In addition, the card also stands out for its complimentary lounge access feature, offering up to 4 lounge visits without any spend-based conditions—making it one of the most rewarding co-branded fuel credit cards available.
BPCL SBI Card Octane Rewards Program
- Get 10 reward points for every ₹100 spent on groceries, departmental stores, movies, and dining (up to 7,500 points per month).
- Earn 1 reward point for every ₹100 spent on other non-fuel purchases.
- Redeem your points for fuel at BPCL outlets, where 1 reward point = ₹0.25.
Suggested Read: Best Rewards Credit Cards for Everyday Spending
Other Features and Benefits
Welcome Benefit
Get 6,000 bonus reward points worth ₹1,500 on payment of the joining fee.
Fuel Benefits
Get up to 7.25% value back on your fuel expenses with the BPCL SBI Card OCTANE:
- 6.25% value back: Earn 25 reward points for every ₹100 spent at BPCL fuel stations, on lubricants, and on the Bharat Gas website/app (up to 2,500 points per month).
- 1% fuel surcharge waiver: Available on fuel spends up to ₹4,000 per month, capped at ₹100.
Milestone Reward
Spend ₹3 lakh in a year and get a ₹2,000 e-gift voucher from Aditya Birla, Yatra, Hush Puppies, or Bata.
Renewal Fee Waiver
Spend ₹2 lakh in a year and get your annual fee waived.
Lounge Access
Enjoy 4 complimentary domestic airport lounge visits every year (1 per quarter).
Fraud Protection
Get free fraud liability cover of up to ₹1 lakh.
EMI Option
Convert spends of ₹2,500 or more into easy EMIs using the Flexipay feature.
Also Read: Best Credit Cards in India 2026
Fees and Charges
| Type of Charge | Amount |
|---|
| Joining fee | Rs.1,499 |
| Annual fee | Rs.1,499 |
| Add-on fee | Nil |
| Credit card finance charge | 3.5% on all unsecured SBI Credit Cards (except Shaurya) |
| Minimum amount due each month | 5% of total outstanding amount or Rs.200 + taxes, whichever is higher |
| Interest fee period | 20 to 50 days |
| Finance charge on cash advance | For domestic cash withdrawal, a fee of 2.5% or Rs.500 (whichever is higher) |
| Statement retrieval | Rs.100 per statement - for statements more than 2 months old |
| Late payment fee (charged based on the total outstanding amounts) | - Up to Rs.500 Nil
- Rs.501 to Rs.1,000-400
- Rs.1001 to Rs.10,000-750
- Rs.10,001 to Rs.25,000-950
- Rs.25,001 to Rs.50,000-1,100
- More than Rs.50,000-1,300
|
| Over limit fee | 2.5% |
| Card replacement fee - domestic | Rs.100 to Rs.250 |
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Document Required For BPCL SBI Card Octane
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
BPCL SBI Card Octane Highlights
What do we like about this card?
- Get 6,000 reward points as a welcome gift.
- Earn up to 7.25% value back on fuel spends at BPCL petrol pumps.
- Earn 25X reward points on BPCL fuel purchases (up to 2,500 points per month).
- Enjoy 4 free visits to domestic airport lounges every year.
- Get fraud protection cover up to ₹1 lakh.
Things to Know Before you apply
Get this card if:
- You spend a lot on fuel every month and want to save more through 25X reward points and fuel surcharge waiver.
- You mostly refuel at BPCL petrol pumps and also use Bharat Gas website/app.
- You regularly spend on groceries, dining, and movies, and want to earn extra reward points.
- You’re okay with using your reward points only for BPCL fuel redemption and don’t need other options.
Pros
- Earn 25X reward points on fuel spends at BPCL.
- Get 10X reward points on dining, movies, groceries, and departmental stores.
- Enjoy complimentary domestic airport lounge access (4 visits/year).
- Receive 6,000 bonus reward points as a welcome gift (worth the joining fee).
Cons
- Fuel benefits apply only at BPCL petrol stations.
- Fuel surcharge waiver is limited to ₹100 per month.
- Low rewards on other retail spends.
- Low redemption value — 1 reward point = ₹0.25.
SBI Bank Credit Card Contact Details
SBI Bank Credit Card offers multiple ways to get assistance for your credit card queries and services.
- Contact Address: SBI Cards and Payment Services Limited, Wazirpur, New Delhi
- Helpline: Dial 39 02 02 02 or 1860 180 1290 (prefix local STD code)
- Simply SMS: Send an SMS to 5676791 from your registered mobile number.
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Frequently Asked Questions
You will earn up to 25 reward points for every Rs.100 spent on fuel transactions at BPCL petrol pumps. Plus, you can enjoy a fuel surcharge waiver on transactions up to Rs.4,000.
Yes, the annual fee of Rs.1,499 will be waived for the following year if you spend Rs.2 lakh or more.
The BPCL SBI Card Octane offers a 1% fuel surcharge waiver at BPCL stations on transactions up to Rs.4,000. It has a waiver cap of Rs.100 per statement cycle.
You can apply online through the SBI Card website or visit your nearest bank branch. Provide them with all the required documents for the application.
You can redeem your reward points by logging into the SBI Card portal or using the SBI Card mobile app. To complete the process Visit the 'Rewards Catalogue' there.
