BPCL SBI Card OCTANE
SBI Cards · Visa
Why this card?
- 6.25% back in reward points on fuel at Bpcl, up to ₹625 a month; 0.25% on other spends
- ₹1,499 joining and annual fee; renewal fee waived on ₹2 lakh yearly spend
- 4 domestic airport lounge visits a year
- 1% fuel surcharge waiver
Card details
- Issuer
- SBI Cards
- Network
- Visa
- Annual Fee
- ₹1,499
- Joining Fee
- ₹1,499
- Reward Type
- points
- Best Reward Rate
- 6.25% on fuel at bpcl (capped at ₹625/month)
- Forex Markup
- 3.5%
- Domestic Lounge
- 4/yr
- Min. Monthly Income
- ₹20,000
- Rates verified
- 2026-10-06
Our verdict
BPCL SBI OCTANE is a strong card for heavy BPCL fuel buyers — 25 reward points per ₹100 at BPCL is 6.25% value back (capped at ₹625 a month on the first ₹10,000 of BPCL spend), or 7.25% including the 1% surcharge waiver. At ₹1,499/year, waived at ₹2 lakh annual spend, it only makes sense if you spend ₹3,000+/month at BPCL pumps.
Pros
- 25 reward points per ₹100 at BPCL = 6.25% value back, up to ₹625 a month
- 7.25% total value including the 1% surcharge waiver (waiver capped at ₹100/month)
- 10X reward points (about 2.5% back) on groceries, departmental stores, movies and dining, up to 7,500 points a month
- 4 domestic lounge visits per year
Cons
- ₹1,499 annual fee, waived only at ₹2 lakh annual spend
- Fuel benefits restricted to BPCL pumps, and capped at ₹625 a month
- Rewards in points, not direct cashback — requires redemption