BPCL SBI Card Octane
Updated on August 25, 2026
🎖️Reward Rate
Base Rewards: 1 Reward Point per ₹100 (1 Reward Point per ₹100 on other retail spends)
Overview
BPCL SBI Card Octane by SBI Card provides premium value tailored for Fuel Co-brand cardholders.
Rewards
Reward Type
Reward Points
Reward Rate
- • Base Rewards: 1 Reward Point per ₹100 (1 Reward Point per ₹100 on other retail spends)
- • Accelerated Rewards: 7.25% value back on BPCL fuel & lubricants: 25 Reward Points per ₹100 (6.25% value) + 1% fuel surcharge waiver (capped at 2,500 RPs per billing cycle). 10 RPs per ₹100 on Dining, Groceries, Departmental Stores & Movies.
- • Excluded Categories: Non-BPCL petrol pumps, Wallet loads
Welcome Benefit
6,000 bonus Reward Points worth ₹1,500 upon payment of joining fee; Qualification Criteria: Payment of joining fee within 30 days; Fulfillment Timeline: 30 days post fee realization
Milestone Benefit
Spend ₹2 Lakhs (Annual): Annual renewal fee waiver of ₹1,499; Spend ₹3 Lakhs (Annual): ₹2,000 Aditya Birla Fashion / Yatra e-voucher; Annual Fee Waiver: Spend ₹2,00,000 or more in preceding 12 months for fee waiver
Redemption
- • Instant fuel redemption at BPCL petrol pumps at 4 RPs = ₹1.00 (1 RP = ₹0.25)
- • SBI Card gift voucher catalog
Benefits
- Domestic Airport Lounge: 4 per year (1 per calendar quarter) via Visa Signature / RuPay Domestic Lounge
- Fuel Surcharge Waiver: 1% (Max waiver ₹100 per transaction up to ₹4,000 at BPCL)
- Instant POS Redemptions: Redeem your accumulated Reward Points instantly for fuel at over 14,000 BPCL petrol pumps across India. (Direct swipe on BPCL POS terminal) [Partners: BPCL]
Things to Know Before you apply
BPCL SBI Card Octane Eligibility Criteria
- Age: 21–65 years
- Salaried min ₹25,000/month; Self-employed min ITR ₹4,00,000 p.a.
- Salaried & Self-Employed Individuals
- Resident Indian
Fees & Charges
| Particulars | Amount |
|---|---|
| Joining Fee | ₹1,499 |
| Annual Fee | ₹1,499 |
| Foreign Currency Mark-up Fee | 3.5% |
| Cash Advance Fee | 2.5% (min ₹500) |
Fee waiver: Spend ₹2,00,000 or more in preceding 12 months for fee waiver
PaisaSimple Review
Overall Rating
4.9/5What do we like about this card?
BPCL SBI Card Octane issued by SBI Card is one of India's leading credit cards for Fuel Co-brand spends, featuring competitive reward earning and verified travel perks.
Pros
- • Base Rewards: 1 Reward Point per ₹100 (1 Reward Point per ₹100 on other retail spends)
- • Forex markup rate of 3.5%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
Cons
- • Annual renewal fee of ₹1499
- • Reward exclusion on fuel purchases and wallet load transactions
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- • 6,000 bonus Reward Points worth ₹1,500 upon payment of joining fee
- • Qualification Criteria: Payment of joining fee within 30 days
- • Fulfillment Timeline: 30 days post fee realization
- • 1,499 bonus NeuCoins (worth ₹1,499) upon payment of joining fee and first transaction within 30 days
- • Qualification Criteria: Payment of joining fee and first retail spend within 30 days
- • Fulfillment Timeline: 30 days post fee realization
- • Welcome vouchers worth ₹5,000+ (Tata CLiQ, EaseMyTrip, Croma) on payment of joining fee
- • Qualification Criteria: Card activation and fee payment within 45 days
- • Fulfillment Timeline: 45 days post fee realization
- • Base Rewards: 1 Reward Point per ₹100 (1 Reward Point per ₹100 on other retail spends)
- • Accelerated Rewards: 7.25% value back on BPCL fuel & lubricants: 25 Reward Points per ₹100 (6.25% value) + 1% fuel surcharge waiver (capped at 2,500 RPs per billing cycle). 10 RPs per ₹100 on Dining, Groceries, Departmental Stores & Movies.
- • Excluded Categories: Non-BPCL petrol pumps, Wallet loads
- • Base Rewards: 1.5% NeuCoins per ₹100 (1.5% NeuCoins on all non-Tata retail transactions & eligible merchant UPI payments)
- • Accelerated Rewards: Up to 10% NeuCoins (5% on card + 5% on NeuPass) on Tata Neu app & partner brands: BigBasket, Croma, Tata 1mg, Air India Express, IHCL Taj Hotels, Westside, Titan, Cult.fit
- • Excluded Categories: Fuel, Wallet loads, Rent
- • Base Rewards: 4 Handpicked Points per ₹100 (4 Handpicked Points per ₹100 on international spends)
- • 2 Handpicked Points per ₹100 (2 Handpicked Points per ₹100 on domestic retail spends)
- • Accelerated Rewards: 50% extra points on American Express card variant
- • Excluded Categories: Fuel, Wallet loads
- • Base Rewards: 1 Reward Point per ₹100 (1 Reward Point per ₹100 on other retail spends)
- • Forex markup rate of 3.5%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Base Rewards: 1.5% NeuCoins per ₹100 (1.5% NeuCoins on all non-Tata retail transactions & eligible merchant UPI payments)
- • Forex markup rate of 2%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Base Rewards: 4 Handpicked Points per ₹100 (4 Handpicked Points per ₹100 on international spends)
- • 2 Handpicked Points per ₹100 (2 Handpicked Points per ₹100 on domestic retail spends)
- • Forex markup rate of 3.5%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Annual renewal fee of ₹1499
- • Reward exclusion on fuel purchases and wallet load transactions
- • Annual renewal fee of ₹1499
- • Reward exclusion on fuel purchases and wallet load transactions
- • Annual renewal fee of ₹2000
- • Reward exclusion on fuel purchases and wallet load transactions