How to Apply for the SBI BPCL Octane Credit Card in 2026

The SBI BPCL Octane Credit Card is a super-premium fuel card co-branded with BPCL. It offers 7.25% effective cashback on fuel spends at BPCL pumps (5% cashback + 2.5% surcharge waiver), 6,000 welcome reward points, 4 domestic lounge visits per year, and a milestone gift voucher of ₹5,000 on spends of ₹5 lakh in a year. The annual fee is ₹1,499, waived on ₹1.5 lakh spends.

Why this matters

BPCL Octane is the most rewarding fuel card in India. The 7.25% effective cashback is unmatched — no other fuel card pays that rate. If you spend ₹5,000/month on fuel at BPCL, the cashback is ₹362/month, recovering the annual fee in 4 months. The 4 domestic lounge visits are a useful secondary benefit.

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How to Apply for the SBI BPCL Octane Credit Card in 2026

Common mistakes to avoid

The 5% cashback is capped at ₹1,500 per month and ₹1,000 per transaction. Large fuel transactions above ₹20,000 will not get the full 5%. The 2.5% surcharge waiver is capped at ₹250 per month.

Pro tips

• Use the card only at BPCL pumps to maximise 7.25% effective cashback
• Split large fuel transactions into smaller ones (under ₹20,000) to maximise the per-transaction cap
• Use the card for groceries and dining to chase the ₹5,000 milestone voucher
• Track the ₹1,500/month cashback cap in the SBI Card app

Frequently asked questions

What is the annual fee on BPCL Octane?

₹1,499 + GST, waived on ₹1.5 lakh spends in the previous 12 months.

What is the 5% cashback cap?

5% is capped at ₹1,000 per transaction and ₹1,500 per month.

Does the card include lounge access?

Yes. 4 domestic lounge visits per year via Dreamfolks.