BPCL SBI Card OCTANE
The BPCL SBI Card OCTANE is a mid co-branded credit card from SBI Card and Bharat Petroleum (BPCL), with a joining fee of ₹1,499 + GST.
It earns up to 25 pts per ₹100 (≈5.5% value) on Bharat Petroleum (BPCL) spends in the form of reward points (points).
Cardholders get 4 annual domestic airport lounge access, plus 6,000 bonus reward points as a welcome benefit.
- Joining Fee₹1,499
- Annual Fee₹1,499
- Best Suited ForFuel
- Reward TypeReward Points (points)
- 25 pts per ₹100 on bpcl fuel (cap 2500 points / monthly)
- 10 pts per ₹100 on dining movies department grocery (cap 7500 points / monthly)
- Base 0.22% on other spends
- 6,000 bonus Reward Points
Rewards and Benefits
- ₹3,00,000 / annual: e-Gift voucher worth ₹2,000 (Aditya Birla Fashion / Yatra / Hush Puppies)
See the math — accelerations & caps
What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.
- Groceries₹176/mo
You spend ₹8,000 · earns 2.2% = ₹176 uncapped
- Capped at ₹1,650/mo
- Valued at realized redemption value
- Dining & food delivery₹176/mo
You spend ₹8,000 · earns 2.2% = ₹176 uncapped
- Capped at ₹1,650/mo
- Valued at realized redemption value
Base-rate spend
Non-accelerated spend, summarized at this card's base rate.
- Online shopping₹15,000 · 0.2% = ₹33/mo
- Fuel₹4,000 · 0.2% = ₹9/mo
Fuel — earns base; accelerated rate needs booking via bpcl
- Travel & hotels₹10,000 · 0.2% = ₹22/mo
- Utilities & bills₹5,000 · 0.2% = ₹11/mo
₹5,122 rewards − ₹0 annual fee. Estimate for the spend you entered.
Fees & Charges
Product Details
- Co-branded mid card by SBI Card and Bharat Petroleum (BPCL).
- Joining / annual fee of ₹1,499 + GST, waived on annual spends of ₹2,00,000.
- Available on the Visa network.
- Complimentary airport lounge access: domestic (4/annual).
Pros & Cons
- Annual fee waivable on ₹2,00,000 spend.
- Complimentary domestic airport lounge access (4/annual).
- Milestone-based bonus rewards on annual / quarterly spend thresholds.
- Accelerated earn worth ≈5.5% on bpcl fuel.
- Standard forex markup of 3.50% — suboptimal for international spend.
₹1,500 welcome benefit
- 6,000 bonus Reward PointsJoining fee paidWindow: 30 days from issuance.
Accelerated rewards
- 25 pts per ₹100 on bpcl fuel (cap 2500 points / monthly)Merchants: bpcl-fuel-stations25 Reward Points per ₹100 on fuel purchases at BPCL petrol pumps (capped at 2,500 points/month).
- 10 pts per ₹100 on dining movies department grocery (cap 7500 points / monthly)10 Reward Points per ₹100 on Dining, Departmental stores, Grocery & Movies (up to 7,500 points/month).
Exclusions
The following spend categories earn no rewards on this card:
- wallet loads
- rent
- emi
Milestone benefits
- ₹3,00,000 / annual: e-Gift voucher worth ₹2,000 (Aditya Birla Fashion / Yatra / Hush Puppies) (≈ ₹2,000 value)
Airport lounge access
Fuel surcharge waiver
1.0% waiver on fuel transactions and ₹4,000, capped at ₹100 per monthly.
Sources
- : www.sbicard.com · retrieved 3 Jul 2026
Last verified 3 Jul 2026. Verify with the issuer before applying.
Eligibility
- Age
- 21–65
- Credit score
- 730+
- Income (salaried)
- —
- Income (self-employed)
- —