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State Bank of India

SBI BPCL Octane Credit Card

Best for BPCL fuel savings

₹1,499/yr annual fee · 1x rewards

By FinWiz24 Research Desk · Last reviewed · How we review

FinWiz24 Research Desk

FinWiz24 Research Desk

Verified independently against issuer Terms & Conditions

Editorial Team

Annual fee

₹1,499/yr

Reward rate

1x

Min. income

₹3,00,000

Forex markup

Not published

Lounge access

Domestic only

Eligibility

Not published

Reward cap

Max 2,500 RP per billing cycle (Bharat Gas capped at 500 RP)

Welcome benefit

6,000 bonus Reward Points worth Rs 1,500 credited within 30 days of annual fee payment

BPCL SBI Card Octane returns 7.25% value back on BPCL fuel via 25 reward points per Rs 100, for a Rs 1,499 annual fee with 4 domestic lounge visits a year.

Who is this for

  • Daily driver
  • Frequent traveller

What we like

  • Fuel surcharge waiver

Watch out for

  • ₹1,499 non-waiver joining fee

Issuer

Bank

State Bank of India

Public sector bank

All State Bank of India cards →

Headquarters

Mumbai, Maharashtra

Established 1955

Toll-free

1800-11-2211

Network

Visa

See all cards on this network

Fees and charges

Fee Amount Waiver
Joining fee ₹1,499 Not waivable
Annual fee ₹1,499 Not waivable
Renewal fee ₹1,499 Renewal fee reversible if annual spend last year was at least Rs 2,00,000
Fuel surcharge 1% 1% fuel surcharge waiver on BPCL transactions up to Rs 4,000, POS swipes only

Rewards

Spend category Rate Cap Redemption
All spends 1 Reward Point per Rs 100 spent on other retail purchases (excludes mobile wallet uploads and non-BPCL fuel spends) 4 Reward Points = Re 1
FUEL 25 Reward Points per Rs 100 at BPCL fuel pumps, lubricants and Bharat Gas (website/app only); about 7.25% value back… Max 2,500 RP per billing cycle (Bharat Gas capped at 500 RP) 4 RP = Re 1
DINING 10 Reward Points per Rs 100 on dining, departmental stores, grocery and movies Up to 7,500 RP per month 4 RP = Re 1

Benefits

  • 7.25% value back on BPCL fuel Highlight

    6.25% reward value plus 1% fuel surcharge waiver on every BPCL transaction up to Rs 4,000 (exclusive of GST)

  • Welcome gift 6,000 RP

    6,000 bonus Reward Points worth Rs 1,500 credited within 30 days of annual fee payment

  • 4 domestic lounge visits

    4 complimentary domestic Visa airport lounge visits per calendar year, maximum 1 per quarter

  • Rs 2,000 milestone voucher

    e-Gift vouchers worth Rs 2,000 from Aditya Birla Fashion, Yatra or Bata/Hush Puppies on annual spends of Rs 3 lakh

Eligibility

Documents
Apply via sbicard.com; issuer publishes only an income band (Rs 50,000-99,999 per month) rather than a fixed minimum; add-on card fee nil.

Read the full application walkthrough: SBI BPCL Octane Credit Card apply guide.

Fees and charges

  • Joining fee: Rs 1,499
  • Annual fee: Rs 1,499
  • Renewal fee: Rs 1,499 — Renewal fee reversible if annual spend last year was at least Rs 2,00,000
  • Fuel surcharge: 1% — 1% fuel surcharge waiver on BPCL transactions up to Rs 4,000, POS swipes only

Rewards

  • ALL: 1 Reward Point per Rs 100 spent on other retail purchases (excludes mobile wallet uploads and non-BPCL fuel spends) Redemption: 4 Reward Points = Re 1.
  • FUEL: 25 Reward Points per Rs 100 at BPCL fuel pumps, lubricants and Bharat Gas (website/app only); about 7.25% value back including the 1% surcharge waiver (Cap: Max 2,500 RP per billing cycle (Bharat Gas capped at 500 RP)) Redemption: 4 RP = Re 1.
  • DINING: 10 Reward Points per Rs 100 on dining, departmental stores, grocery and movies (Cap: Up to 7,500 RP per month) Redemption: 4 RP = Re 1.

Benefits

  • 7.25% value back on BPCL fuel: 6.25% reward value plus 1% fuel surcharge waiver on every BPCL transaction up to Rs 4,000 (exclusive of GST)
  • Welcome gift 6,000 RP: 6,000 bonus Reward Points worth Rs 1,500 credited within 30 days of annual fee payment
  • 4 domestic lounge visits: 4 complimentary domestic Visa airport lounge visits per calendar year, maximum 1 per quarter
  • Rs 2,000 milestone voucher: e-Gift vouchers worth Rs 2,000 from Aditya Birla Fashion, Yatra or Bata/Hush Puppies on annual spends of Rs 3 lakh

Eligibility

Apply via sbicard.com; issuer publishes only an income band (Rs 50,000-99,999 per month) rather than a fixed minimum; add-on card fee nil.

Terms last reviewed 3 Sept 2026 against issuer-published schedules.

Issuer: State Bank of India. FinWiz24 may earn a commission from application links; scoring is unaffected — see our affiliate disclosure.

Apply for SBI BPCL Octane Credit Card

Last reviewed · How we review

FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.

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Frequently asked questions

Is the SBI BPCL Octane Credit Card worth it?

SBI BPCL Octane Credit Card is a credit card issued by State Bank of India. Whether it is worth it depends on your monthly spend pattern and whether the annual fee (if any) is waivable. Compare the fee and reward rate on this page against your expected annual spend to make an informed decision.

What is the annual fee for the SBI BPCL Octane Credit Card?

SBI BPCL Octane Credit Card charges ₹1,499 as the annual fee. Most issuers waive it on minimum annual spends — check the fee tile on this page for the waiver condition.

How does the SBI BPCL Octane Credit Card reward rate work?

SBI BPCL Octane Credit Card earns 1x base reward rate on all spends. Each card's rewards tile on this page shows the category-wise multipliers and any monthly or yearly caps.

What are the eligibility requirements for the SBI BPCL Octane Credit Card?

Eligibility criteria for SBI BPCL Octane Credit Card are not fully published. Check with the issuer for the latest requirements.

Does the SBI BPCL Octane Credit Card offer airport lounge access?

4 complimentary domestic Visa airport lounge visits per calendar year, maximum 1 per quarter

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Disclaimer: Card details are based on publicly available issuer schedule of charges. Eligibility and approval are at the issuer’s sole discretion. FinWiz24 does not guarantee card approval or specific terms. Always read the issuer’s terms and conditions before applying.

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