BPCL SBI Card OCTANE
Updated 15 Apr 2026Source-linked
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% back on Bharat Petroleum (BPCL) spends in the form of reward points (points).
Cardholders get 8 annual domestic airport lounge access, plus 6,000 bonus reward points as a welcome benefit.
BPCL SBI Card OCTANE
- Joining Fee₹1,499
- Annual Fee₹1,499
- Best Suited ForFuel
- Reward TypeReward Points (points)
Rewards Rate
- 25% on bpcl fuel (cap 2500 points / monthly)
- 10% on dining movies department grocery
- Base 0.25% on other spends
Welcome Benefits
- 6,000 bonus Reward Points
Rewards and Benefits
Rewards Rate
25% on bpcl fuel (cap 2500 points / monthly)
10% on dining movies department grocery
Base 0.25% on other spends.
Reward Redemption
Redeem at ₹0.25 per unit.
Welcome Benefits
6,000 bonus Reward Points
Milestone Rewards
- ₹2,00,000 / annual: e-Gift voucher worth ₹2,000
Domestic Lounge Access
8 visits each annual.
International Lounge Access
N/A
Travel
N/A
Movie & Dining
N/A
Golf
N/A
Insurance Benefits
N/A
Other Benefits
N/A
Fees & Charges
Spend-Based Waiver
₹2,00,000 in the preceding year
Rewards Redemption Fee
N/A
Foreign Currency Markup
3.50%
Interest Rates
3.50% per month (42.0% annualised)
Fuel Surcharge Waiver
1.0% waiver on transactions between ₹500 and ₹4,000, capped at ₹100 per monthly.
Cash Advance Charges
2.5% or ₹500 (whichever is higher)
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 (8/annual).
Pros & Cons
Pros
- Annual fee waivable on ₹2,00,000 spend.
- Complimentary domestic airport lounge access (8/annual).
- Milestone-based bonus rewards on annual / quarterly spend thresholds.
- Accelerated earn rate of 25% on bpcl fuel.
Cons
- Standard forex markup of 3.50% — suboptimal for international spend.
₹1,500 welcome benefit
- 6,000 bonus Reward PointsJoining fee paidWindow: 90 days from issuance.
Accelerated rewards
- 25% 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% on dining movies department grocery
Exclusions
The following spend categories earn no rewards on this card:
- wallet loads
- rent
- insurance premiums
- emi
Milestone benefits
- ₹2,00,000 / annual: e-Gift voucher worth ₹2,000 (≈ ₹2,000 value)
Airport lounge access
Domestic
8 visit(s) / annual. Via visa, dreamfolks.
Fuel surcharge waiver
1.0% waiver on fuel transactions between ₹500 and ₹4,000, capped at ₹100 per monthly.
Sources
- : www.sbicard.com · retrieved 15 Apr 2026
Last verified 15 Apr 2026. Verify with the issuer before applying.
Eligibility
- Age
- 21–65
- Credit score
- 730+
- Income (salaried)
- —
- Income (self-employed)
- —