State Bank of India SBI BPCL OCTANE Credit Card Review

Dining card with lounge access

The State Bank of India SBI BPCL OCTANE has a ₹1,499 annual fee + GST, waived on ₹2,00,000 annual spend. It earns 0.25% back on regular spends and up to 6.25% on bpcl, with 4 domestic airport lounge visits a year. Best for: bpcl fuel loyalists who also dine out frequently — our verdict: recommended.

Vyaya Team · Jun 2026

5 min read

Apply Now →

We may earn a commission if you apply through this link. It never affects our ratings.

Value Score

8.0 / 10

Annual Fee

₹1,499

Best For

BPCL fuel regular, Dining spender

Network

Visa

Expert Verdict

The SBI BPCL OCTANE is a fuel-and-dining card whose 25X BPCL fuel rate (about 6.25% back, capped at 2,500 points/month) plus 10X dining make it excellent for BPCL loyalists. With a 0.25% base rate and 3.5% forex markup, its value is concentrated in BPCL fuel and dining categories.

STATE BANK OF INDIAVisa

SBI BPCL OCTANE

Tap to see back →

REWARD SUMMARY

0.25% Base Rewards
Dining card with lounge access

← Tap to flip back

The Bottom Line

The SBI BPCL OCTANE is built for bpcl fuel regular and dining spender. With a ₹1,499 annual fee that is waived on ₹2,00,000 yearly spend, it offers 6.25% rewards on bpcl (fuel) and 6,000 bonus points. It makes the most sense if your spending matches bpcl fuel regular and dining spender.

It earns a base reward rate of 0.25% and stacks best when your spending lines up with BPCL fuel regular, Dining spender. The renewal fee gets easier to justify once you can hit ₹2,00,000 in yearly spend.

What we like

+Outstanding BPCL fuel rewards: 25X earning (25 points per Rs. 100) at BPCL pumps for roughly 6.25% valueback, the headline draw of the card.

+Bonus dining acceleration of 10X (10 points per Rs. 100) with a generous 7,500-point monthly cap.

+Rs. 1,499 annual fee is reversed on Rs. 2,00,000 of annual spend, plus an Rs. 2,000 e-gift voucher at Rs. 3 lakh spend.

+4 complimentary domestic lounge visits a year and a Rs. 1,00,000 fraud liability cover.

What we don't

–BPCL fuel acceleration is capped at 2,500 points per month, so the 25X benefit stops after about Rs. 10,000 of monthly BPCL fuel spend.

–Weak base rate of 1 point per Rs. 100 (about 0.25% back) on general spends, with points valued at Re. 0.25.

–Fuel at non-BPCL outlets earns no accelerated points and the fuel surcharge waiver is capped at just Rs. 100 per cycle.

–High 3.5% forex markup makes overseas spending costly.

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal

BPCL fuel regular

A commuter who refuels primarily at BPCL pumps and can capture the 25X rate (about 6.25%) up to the 2,500-point monthly cap, roughly Rs. 10,000 of monthly fuel.

Dining spender

Someone who also dines out often and uses the 10X dining rate with its large 7,500-point monthly cap.

Probably not for

Skip

–

Non-BPCL or low-fuel user

Drivers who fuel elsewhere or spend little on fuel miss the headline benefit and are left with a 0.25% base earn.

–

Overseas spender

The 3.5% forex markup and lack of international lounge access make it unsuitable for foreign travel.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Reward Rates

SBI BPCL OCTANE offers 0.25% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Where

Amount

₹

BPCL (Fuel)

6.25%

Dining

2.5%

Welcome Offer

6,000 Reward Points

6,000 bonus Reward Points (worth Rs 1,500 at 1 RP = Rs 0.25) on payment of the joining/annual fee.

Value: ₹1,500

Milestone Benefits

Spend ₹3,00,000Value: ₹2,000

E-gift voucher worth Rs 2,000 (from Aditya Birla Fashion / Yatra / Hush Puppies / Bata) on annual spends of Rs 3,00,000.

Spend ₹2,00,000

Annual/renewal fee of Rs 1,499 reversed on annual spends of Rs 2,00,000.

Fees & Charges

Joining fee₹1,499

Annual fee₹1,499

Fee waiverSpend > ₹2,00,000

Eligibility

Min Credit Score: 750
Age 21-65; salaried or self-employed with stable income; fuel card with up to 7.25% valueback at BPCL outlets.

Exclusions & Terms

Forex markup

Foreign currency markup

Frequently Asked Questions

8 data-backed answers from our card database

What is the annual fee of the State Bank of India SBI BPCL OCTANE credit card?+

The State Bank of India SBI BPCL OCTANE has a ₹1,499 annual fee + GST, waived on ₹2,00,000 annual spend.

What rewards does the State Bank of India SBI BPCL OCTANE credit card give?+

It earns 1 Reward Points per ₹100 spent (about 0.25% back), and up to 6.25% on bpcl.

Does the State Bank of India SBI BPCL OCTANE credit card offer airport lounge access?+

Yes — 4 domestic airport lounge visits a year. Check the card's terms for any spend condition before your trip.

What is the eligibility for the State Bank of India SBI BPCL OCTANE credit card?+

a credit score of 750+. Age 21-65; salaried or self-employed with stable income; fuel card with up to 7.25% valueback at BPCL outlets.

What is the forex markup on the State Bank of India SBI BPCL OCTANE?+

3.5% + GST on international transactions.

What is the welcome benefit on the State Bank of India SBI BPCL OCTANE?+

6,000 bonus Reward Points (worth Rs 1,500 at 1 RP = Rs 0.25) on payment of the joining/annual fee.

How can I get the State Bank of India SBI BPCL OCTANE annual fee waived?+

Spend ₹2,00,000 or more in a card year and the ₹1,499 renewal fee is waived.

Is the State Bank of India SBI BPCL OCTANE credit card worth it?+

Ready to apply?

₹1,499 annual fee. Apply on the State Bank of India website.

Apply on State Bank of India →

We may earn a commission if you apply through this link. It never affects our ratings.

Explore more on Vyaya

Bank comparisons

state vs HDFC state vs ICICI state vs SBI state vs Axis

Guides & best picks

Best Cards for Students Best Cards for First Timers Best Cards for Online Shopping Best Travel Cards Best Cashback Cards Best Fuel Cards

Browse by category

Travel Cards Cashback Cards Shopping Cards Fuel Cards

Browse by bank

HDFC ICICI SBI AXIS AMEX KOTAK