BPCL SBI Card Octane

Joining Fee: Rs. 1,499 + GST
Renewal Fee: Rs. 1,499 + GST
Best Suited For: Fuel
Reward Type: Reward Points
Welcome Benefites: 6,000 bonus reward points worth Rs. 1500

Apply Now

Add to Compare

SBI Card launched BPCL SBI Card Octane in December 2020. It is an upgraded version of the BPCL SBI Credit Card. While the Octane variant does offer better rewards and offers, it also carries a much higher annual fee of Rs. 1,499,, whereas the other variant had a fee of only Rs. 499. BPCL SBI Card Octane gives you a 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. You also receive 10x reward points for spending on dining and movie tickets, apart from the fuel benefits. As far as travel benefits are concerned, the card entitles you to 4 complimentary accesses to domestic airport lounges every year (maximum 1 per quarter). If you travel a lot by car or motorbike, this is probably one of the best offerings in the market right now, as you get a quite high reward rate of 6.5% (and a 1% surcharge waiver) on fuel spends at all BPCL stations across the country (the 1% surcharge waiver is applicable even at non-BPCL stations). Keep reading to know more about the Octane card.

New Features

Spend Based Waiver

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

Interest Rates

3.5% per month (42% per annum)

Add-on Card Fee

Nil

Rewards Redemption Fee

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

Fuel Surcharge

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

Foreign Currency Markup

3.5% of the transaction amount

Cash Advance Charges

2.5% of the withdrawn amount (subject to a minimum charge of Rs. 500)

Movie & Dining

10x reward points for every Rs. 100 you spend on dining and movie tickets.

Travel

Complimentary domestic airport lounge visits

International Lounge Access

N/A

Rewards Rate

25 reward points for every Rs. 100 spends at BPCL fuel stations (reward rate = 6.25%), 10 RPs for every Rs. 100 spends on groceries, departmental stores, and movie ticket purchases (reward rate = 2.5%), and 1 reward point for every Rs. 100 spent for all other expenditures (reward rate = 0.25%) except mobile wallet uploads and fuel purchases at non-BPCL stations.

Golf

N/A

Insurance Benefits

N/A

Reward Redemption

Redeem reward points for gift vouchers on sbicard.com or on SBI mobile app, for transactions at BPCL petrol stations, and against card’s statement balance. 4 reward points = Re. 1.

Domestic Lounge Access

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

Zero Liability Protection

No liability to the cardholder if the loss of the card is reported to the bank within stipulated time.

Pros

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.

Cons

There is a reward redemption fee of Rs. 99. No insurance benefits are included with this account.

Similar Cards

Add to Compare

IDBI Euphoria World Credit Card

The IDBI Euphoria World Credit Card is a basic card issued by the IDBI Bank with an aim to provide maximum benefits to its customers with minimum charges. It comes with zero joining fee and rewards you in the form of Delight Points. The card welcomes you with a bonus of 4,000 Delight Points on making an eligible transaction. You get 3 Delight Points every time you spend Rs. 100, and 2X Delight Points on spending for flight/hotel/bus bookings, IRCTC, etc. The Delight Points are redeemable against various categories including travel, entertainment, cash, etc. Moreover, to give you a luxurious travel experience, the card provides complimentary airport lounge access at several participating lounges in India. There are several other advantages of the IDBI Euphoria World Credit Card that include spend-based annual fee waiver, fuel surcharge waiver, exclusive insurance benefits, and many more. To know all about the card and its fees & charges, refer to the information given below:

Add to Compare

Indusind Bank Iconia Amex Credit Card

IndusInd Iconia Amex Credit card is launched by the bank with an aim to provide its customers with multiple benefits on one card. With a joining fee of Rs. 3,500, you get exciting welcome benefits under various categories with this credit card. Furthermore, you earn 1.5 reward points on every Rs 100 spent on weekdays and 2 reward points on every Rs. 100 spent on weekends. You can redeem these points across various redemption options such as Statement cash, AirMiles, IndusMoments. You also get a complimentary priority pass membership with access to over 1,000 lounges worldwide. Several other entertainment and lifestyle benefits are associated with this card, such as 1+1 offers on movie bookings, complimentary golf benefits, 24×7 concierge service, and auto assistance. Read below to know more in detail about this credit card.

Add to Compare

RBL Platinum Delight Credit Card

The RBL Platinum Delight credit card is a rewards card that comes with exciting reward offers on a variety of purchases and can be considered very similar to the Titanium Delight Credit Card issued by the RBL Bank. It is best suited for people looking for a credit card that allows them to save on all their expenses. With a joining fee of Rs. 1,000, you get 4,000 reward points as a welcome gift. The card gives you an opportunity to earn bonus Reward Points every month on the basis of your monthly spends. With your RBL Platinum Delight credit card, you can earn 2 Reward Points on every Rs. 100 spent on all purchases, and 2x Reward Points on weekends to make them even more delightful. These reward points can be redeemed against a variety of options through their dedicated website for rewards. Moreover, you can make the card absolutely free for yourself by getting the annual fee waived off on the basis of your spends. To know more details about the RBL Platinum Delight credit card, its benefits, and fees & charges, keep reading:

1 OFFER

Benefites of SBI Credit Card Total Benefits...

View Offers

Other Cards

View all