BPCL SBI Card Octane
The ultimate fuel saving experience
Annual Fee
₹1,499
Base Rewards
0.3%
Forex Fee
3.5%
Expert Verdict
The BPCL SBI Card Octane is arguably the best fuel credit card in India for BPCL loyalists, offering a massive 7.25% value back on fuel. It successfully bridges the gap between a niche fuel card and a lifestyle card by offering competitive rewards on groceries and dining.
Quick Match
Is this card right for you?
This card could work well for you
Your Estimated Value
Year 1
+₹1,501
Includes ₹1,500 bonus
Year 2+
+₹1
Fee waiver eligible!
Why get this card
Industry-leading 7.25% value back on fuel spends at BPCL outlets
Welcome bonus of 6,000 points (worth 1,500 INR) fully offsets the joining fee
Accelerated rewards (2.5% value back) on essential lifestyle categories like Groceries, Dining, and Movies
Includes complimentary domestic lounge access, rare for a mid-tier fuel card
+1 more benefits
- Annual fee waiver on spends of 2 Lakhs is achievable for regular commuters
Watch out for
Rewards on non-BPCL fuel are completely excluded
Monthly capping of 2,500 points on fuel categories limits benefits for heavy commercial users
Base reward rate is very low at 0.25%
+1 more considerations
- No international lounge access or comprehensive travel perks
Who is this card for?
Best for
daily commuters
Individuals with high monthly fuel expenditure who specifically use BPCL outlets.
Min: ₹15,000/mo
lifestyle spenders
Users who want accelerated rewards on groceries and dining alongside fuel savings.
Min: ₹10,000/mo
Skip if you're
non bpcl loyalists
Users who prefer fueling at IOCL, HPCL, or Shell outlets.
luxury travelers
Those seeking international lounge access and air mile conversions.
Base Earning
1 Reward Points
per ₹100 spent
0.3%
effective rate
Point value: ₹0.25/point
Bonus Categories
BPCL Outlets - FUEL
25×
6.25% return
2500 pts/month
DINING
10×
2.5% return
7500 pts/month
SHOPPING
10×
2.5% return
7500 pts/month
ENTERTAINMENT
10×
2.5% return
7500 pts/month
Welcome Offer
Points credited after 30 days of paying the joining fee.
6,000
points
₹1,500
value
within 30 days
Milestones
Spend ₹2.0L
Renewal fee waiver for the subsequent year.
Spend ₹3.0L
E-Gift Vouchers worth 2,000 from brands like Aditya Birla Fashion, Yatra, or Hush Puppies.
No rewards on:
Fuel, rent payments, utility bills, government payments, wallet loads, insurance premiums, EMI transactions
Upgrade Path
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