The BPCL SBI Card OCTANE is a Visa-powered fuel credit card that rewards you for every rupee spent on fuel at BPCL stations. It offers 25X reward points on BPCL fuel and lubricant purchases, plus 10X rewards on dining, grocery, departmental stores, and movies.

• Co-branded card by SBI Card and Bharat Petroleum Corporation Limited
• Available on Visa network with contactless tap-to-pay support
• Joining and annual fee of Rs. 1,499 + GST (waivable on Rs. 2 Lakh annual spend)
• 4 Reward Points = Rs. 1 (each point worth Rs. 0.25)
• Instant reward point redemption at select BPCL retail outlets

Earn 25 Reward Points for every Rs. 100 spent at BPCL fuel stations, lubricants, and Bharat Gas (website and app). This translates to a 6.25% value-back through rewards, plus an additional 1% fuel surcharge waiver, totaling 7.25% value-back on BPCL fuel purchases.

• BPCL fuel rewards capped at 2,500 points per billing cycle
• Bharat Gas rewards capped at 500 points per billing cycle

Everyday Category Rewards

Earn 10 Reward Points for every Rs. 100 spent on dining, departmental stores, grocery, and movies, providing a 2.5% value-back on these everyday categories. The cumulative cap is 7,500 reward points per month across all four categories.

Fuel Surcharge Waiver

Get a 1% fuel surcharge waiver on all transactions at BPCL petrol pumps on transactions up to Rs. 4,000 (exclusive of GST). Maximum waiver is Rs. 100 per statement cycle, equivalent to annual savings of Rs. 1,200.

Airport Lounge Access

Enjoy 4 complimentary domestic airport lounge visits per calendar year, with a maximum of 1 visit per quarter. Access is through Visa domestic lounges across India.

Fraud Liability Cover

Complimentary fraud liability cover of Rs. 1 Lakh, valid for 3 days prior to reporting card loss and 7 days after reporting. Report card loss immediately by calling SBI Card helpline at 1800 180 1295.

• 6,000 bonus Reward Points (worth Rs. 1,500) credited within 30 days of annual fee payment
• Welcome points are also credited on renewal fee payment each year (only when fee is paid, not waived)

Milestone Benefit

• e-Gift Vouchers worth Rs. 2,000 on annual spends of Rs. 3 Lakhs
• Choose from Aditya Birla Fashion (Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, Simon Carter), Yatra, Bata, or Hush Puppies
• SMS with voucher options sent within 20 days of reaching milestone; e-voucher delivered within 5 working days

Annual Fee Waiver

• Next year renewal fee is waived on annual spends of Rs. 2 Lakhs or more in the preceding year

The BPCL SBI Card OCTANE provides complimentary domestic airport lounge access across India.

• Domestic: 4 complimentary visits per calendar year
• Frequency: Maximum 1 visit per quarter
• Network: Via Visa domestic lounges
• International: Not included

For the complete list of eligible lounges, visit the SBI Card website or check with the lounge desk at the airport.

The BPCL SBI Card OCTANE uses a tiered reward structure with 4 Reward Points = Rs. 1:

• BPCL Fuel & Lubricants: 25 RP per Rs. 100 spent (6.25% value-back) - capped at 2,500 RP per billing cycle
• Bharat Gas (Website & App): 25 RP per Rs. 100 spent - capped at 500 RP per billing cycle
• Dining, Grocery, Departmental Stores, Movies: 10 RP per Rs. 100 spent (2.5% value-back) - cumulative cap of 7,500 RP per month
• All Other Retail: 1 RP per Rs. 100 spent (0.25% value-back) - uncapped

Excluded: Mobile wallet uploads and non-BPCL fuel spends do not earn reward points.

Redeeming Reward Points

• BPCL Fuel Redemption (POS): Instantly redeem points at select BPCL petrol pumps - ask attendant to swipe card and choose to pay with points
• Shop & Smile Catalogue: Redeem for gift vouchers from brands like Wildcraft, Bosch, Fossil, Puma via SBI mobile app
• Statement Credit: Convert points to cash against your card statement by calling SBI Card customer care

Point Expiry: Reward points expire after 24 months from accrual date. Redemption fee of Rs. 99 + GST applies for physical products and vouchers.

• Indian citizen, aged 21 to 70 years
• Salaried employees or self-employed individuals
• CIBIL score of 750 or above recommended

Income Requirements

• Salaried: Minimum net monthly income of Rs. 25,000 (approximately)
• Self-employed: Minimum annual income of Rs. 4 Lakhs (approximately)

Note: SBI Card does not publicly disclose fixed eligibility criteria. The income and credit score requirements listed above are based on industry sources and may vary based on individual profile assessment.

• PAN Card
• Aadhaar Card
• Passport
• Voter ID
• Driving License

Address Proof (Any One)

• Aadhaar Card
• Passport
• Utility Bill (not older than 3 months)
• Bank Account Statement
• Ration Card

Income Proof (Any One)

• Latest 1-2 salary slips (not older than 3 months)
• Latest Form 16
• Last 3 months bank statement
• ITR for self-employed applicants

1. Visit the official SBI Card website at sbicard.com
2. Navigate to Credit Cards > Travel & Fuel > BPCL SBI Card OCTANE
3. Click on "Apply Now" and fill in your personal details
4. Enter your income details and employment information
5. Verify your mobile number with OTP
6. Submit your application and upload required documents
7. Track your application status on the SBI Card website

Offline Application

1. Visit the nearest SBI branch or SBI Card sales office
2. Fill out the credit card application form
3. Submit the form along with required documents
4. An SBI Card representative will process your application

The BPCL SBI Card OCTANE is an excellent fuel credit card for anyone who regularly refuels at Bharat Petroleum stations. The 7.25% total value-back on BPCL fuel purchases is among the highest in the fuel card category, making it a strong choice for commuters and frequent drivers.

Beyond fuel benefits, the card delivers solid everyday value with 10X rewards on dining, grocery, departmental stores, and movies, plus complimentary domestic airport lounge access. The annual fee of Rs. 1,499 is easily recoverable through fuel savings and milestone benefits. However, those who primarily refuel at non-BPCL stations or need international travel benefits should consider other options.