BPCL SBI Card Octane
Co-branded
Fuel
1st Year Fee: ₹1,499* Plus Applicable Taxes
Fuel Benefits
Up to 7.25% value back on fuel spends
Rewards
10X rewards on day-to-day spends
Lounge Access
Complimentary domestic lounge access
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About BPCL SBI Card Octane
BPCL SBI Card Octane is a co-branded fuel credit card and an upgraded version of the BPCL SBI Card. It offers up to 7.25% value-back on fuel spends at BPCL and remained the best fuel credit cards in India—until the launch of the Indian Oil RBL XTRA Credit Card, which provides an 8.5% value-back on Indian Oil fuel spends.
Designed for commuters who spend a significant amount on fuel, the BPCL Octane Card offers 25X reward points (25 points per ₹100) on BPCL fuel purchases, along with a fuel surcharge waiver of up to ₹100 per month. Beyond fuel, it provides 10X reward points on groceries, departmental stores, movie tickets, and dining—covering key everyday spending categories. Reward points can be redeemed for fuel at BPCL outlets at a rate of 1 RP = Rs. 0.25.
Fuel Benefits & Rewards Program
Fuel Benefits
With this credit card, you will get 7.25% value-back on fuel spends as per the below details:
- 6.25% value back through 25 reward points on every Rs. 100 spent at BPCL fuel, lubricants & Bharat Gas website and app, up to 2,500 points in a month
- 1% value back through fuel surcharge waiver on fuel spends of up to Rs. 4,000, capped at Rs. 100 every month
Also Read: Best Credit Cards in India 2025
Rewards on Other Spends
- 10 reward points on every Rs. 100 spent at groceries, departmental stores, movie tickets and dining, capped at 7,500 points per month
Other Features & Benefits
- Welcome Benefit: 6,000 bonus reward points worth Rs. 1,500 on the payment of joining fee.
- Milestone Benefit: E-gift voucher worth Rs. 2,000 from Aditya Birla Fashion/ Yatra/ Hush Puppies/ Bata on annual spends of Rs. 3 Lakh.
- Renewal Fee Reversal: Annual fee reversal on spending Rs. 2 Lakh in a year.
- Lounge Access: 4 complimentary domestic lounge visits every year (Maximum 1 visit per quarter).
- Fraud Liability: Complimentary fraud liability cover of Rs. 1 Lakh.
BPCL SBI Card Octane: Fees & Charges
| Fee Type | Amount | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joining Fee | Rs. 1,499 + Taxes | ||||||||||||
| Annual Fee | Rs. 1,499 + Taxes | ||||||||||||
| Finance Charges | 3.50% p.m. (42% p.a.) | ||||||||||||
| Late Payment Charges |
|
Things to Know Before you apply
Get this card if:
Your monthly fuel expenses are significant, making the 25X reward points and surcharge waiver highly beneficial
You prefer refuelling at BPCL petrol pumps along with making other spends on Bharat Gas website & mobile app
You spend a considerable amount on groceries, dining, and movies and can maximize the accelerated value-back
You are comfortable redeeming reward points exclusively for BPCL fuel vouchers and do not require other redemption options
Other Similar Cards
IndianOil RBL Bank XTRA Credit Card
ICICI HPCL Super Saver Credit Card
IndianOil Axis Bank Credit Card
IndianOil HDFC Bank Credit Card
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What do we like about this card?
BPCL SBI Card Octane offers up to 7.25% value-back on fuel spends at BPCL in the form of reward points and a fuel surcharge waiver. In addition to fuel, the card also offers accelerated rewards on groceries, departmental stores, dining, and movies, making it a suitable option for everyday expenses. Cardholders can redeem accumulated reward points for fuel purchases at BPCL, helping them save more on fuel expenses.
Pros
- 25X reward points on fuel purchases at BPCL
- 10X reward points across dining, movies, groceries and departmental stores
- Complimentary domestic lounge visits every year
- 6,000 bonus reward points worth the joining fee
Cons
- Fuel benefits are limited to BPCL outlets only
- Fuel surcharge waiver is capped at Rs. 100 per month
- Low reward rate on other retail spends
- Low reward redemption value of 1 RP = Rs. 0.25
Conclusion
The SBI BPCL Octane Credit Card is best suited for those who primarily refuel at Bharat Petroleum and seek maximum value-back on fuel spends. The card justifies its annual fee of Rs. 1,499 by offering accelerated rewards not only on fuel but also across some everyday spending categories like groceries, dining and more. Since fuel benefits are provided in the form of extra reward points, putting substantial purchases on this card will help cardholders earn more and save more. However, for non-fuel retail spends, the card offers just 0.25% value-back, which is lower than many other entry-level credit cards. Given that most credit cards exclude fuel transactions from their rewards programs, pairing a highly rewarding general-purpose card with a fuel-focused card like BPCL Octane can be a smart strategy.
Frequently Asked Questions
Everything you need to know about this credit card
BPCL SBI Card Octane offers 4 complimentary visits to domestic airport lounges every year, capped at 1 visit in every calendar quarter.
BPCL SBI Octane offers an annual card fee reversal benefit on reaching Rs. 2 lakh annual card spends and an e-gift voucher worth Rs. 2,000 from Aditya Birla Fashion/ Yatra/ Hush Puppies/ Bata on reaching the annual spends threshold of Rs. 3 lakh.
The assigned credit limit of credit cards can vary for each cardholder as it is dependent on the card user\\\'s income, credit score, credit history and other factors.
You can redeem your accrued reward points against future fuel purchases at eligible BPCL fuel outlets, where the value of each reward point will be equal to Rs. 0.25.
You can apply for this credit card online by visiting the official website of SBI Card and navigating to the credit card page. You are required to submit a duly filled application form along with the relevant documents. Besides this, you can also apply offline by visiting the nearest SBI branch and submitting the application form in person.
Yes, you can avail 1% fuel surcharge waiver on fuel spends of up to Rs. 4,000 per transaction. However, you can earn a maximum fuel surcharge waiver of Rs. 100 in a month.
Footnotes
- No reward points are offered on mobile wallet upload & non-BPCL fuel spends.
Click here to know More Terms and Conditions
Shruti Sharma
Shruti Sharma is a skilled content writer with a passion for simplifying personal finance for consumers. Specializing in credit cards and financial planning, she offers valuable insights that empower individuals to make informed financial choices. Through her writing, she shares practical tips and guides readers through the nuances of credit card usage.
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