The SBI BPCL Octane Credit Card is a premium fuel credit card by SBI which is launched in collaboration with the Bharat Petroleum Corporation Limited. The card comes with an exclusive range of features and benefits across different categories which include fuel, shopping, travel, reward points, and milestone benefits.
With this SBI octane credit card, you can get a value back of 7.25% on fuel transactions made at select Bharat Petroleum Gas stations. This, besides, the card gives 10x accelerated rewards on multiple categories such as groceries, dining, movies, and a lot more.
Here are the key highlights of SBI Octane Credit Card:
Annual Fee |
₹1,499 |
Best Suited For |
Fuel Purchases and Rewards |
Key Feature |
7.25% value-back of fuel purchases |
Welcome Benefits |
6,000 bonus reward points worth ₹1,500 |
Additional Reward Benefits |
25X reward points on fuel purchases at BPCL petrol pumps |
1 reward point on every ₹100 spent on non-fuel purchases |
Simply follow these 5 quick steps and you’re done!
Step 1: Visit Bajaj Markets: Visit our platform online
Step 2: Fill in your details: Help us with a few of your details
Step 3: Multiple Credit Cards: Compare the multiple options available in SBI credit cards
Step 4: Make a choice: Select the Credit Card you find right for yourself
Step 5: Submit your form: and you're done!
Salaried applicants should be between the age of 21-55 years of age
Self Employed applicant should be between the age of 21-70 years of age
The individual should be a Resident of India
Identity Proof - Aadhaar Card/ PAN Card/ Driving Licence/ Voter ID/ Passport
Income Proof - Latest salary slips for salaried employees, Income Tax Return (ITR) of 2-3 years for self-employed
Residence Proof - Aadhaar Card/ Utility Bills/ Driving Licence/ Voter ID/ Passport
Sr no |
Reward Points |
Value |
1. |
Welcome Gift |
Get 6000 bonus reward points equivalent to ₹1500 on payment of annual fees. |
2. |
Reward Benefits |
Enjoy 25 Reward Points on every ₹100 spent at BPCL Fuel, Lubricants & Bharat Gas. |
3. |
Milestone Benefits |
Get e Gift Vouchers worth Rs 2,000 from Aditya Birla Fashion or Yatra Or Urban Ladder or Hush Puppies or Bata on annual spends of ₹3 Lakhs. |
4. |
Spending Benefits |
Enjoy 10 Reward Points on every ₹100 spent at Dining, Departmental Stores, Grocery & Movies. |
5. |
Other Benefits |
Get complimentary Fraud Liability cover of 1 Lakh |
You can redeem your reward points on the SBI BPCL Octane Credit Card by visiting the Shop & Smile rewards catalogue online. You can also connect to SBI customer care or visit their branch to understand more about your reward usepoints cycle and redeeming them.
Instant redemption of reward points is available at select BPCL petrol pumps as well.
Pay your Annual / Renewal fee and get 6000 bonus reward points equivalent to ₹1500. The Reward Points will be credited to the cardholders account within 30 days of the fee payment.
Avail 1% fuel surcharge waiver for fuel transactions performed at any BPCL petrol pumps in India, on transactions up to ₹4,000, exclusive of GST and other charges. Maximum fuel surcharge waiver of ₹100 per statement cycle per BPCL Octane credit card account, which is equivalent to an Annual Savings of ₹1200.
Enjoy 4 complimentary domestic airport lounge access per year (subject to a max of 1 per quarter) with your SBI Card BPCL Octane.
Enjoy 7.25% Value back and 25X Reward Points on fuel transactions at BPCL petrol pumps. Also, get a 6.25% + 1% Fuel surcharge waiver on every transaction, maximum up to ₹4,000.
You can also enjoy a fraud liability cover of ₹1 lakh. Moreover, purchases worth ₹2,500 or more can be converted via Flexipay option into easy EMIs. Transfer the outstanding balance of other banks credit cards to your SBI BPCL Card OCTANE, avail a lower rate of interest and pay back in EMIs.
Type of Fees |
Charge |
Annual Fee (one-time) |
₹1499 + taxes |
Renewal Fee (per annum) |
Up to ₹1499 + taxes, from the second year onwards. Renewal Fee reversible if annual spends for last year ≥ ₹200,000 |
Add-on Fee (per annum) |
Nil |
Finance Charges |
Up to 3.50% per month [42% per annum] from the transaction date and is subject to change at the discretion of SBI Cards & Payment Services Limited (SBICPSL) |
Minimum Amount Due |
5% of Total Outstanding (Min. ₹200 + all applicable taxes + EMI (In case of EMI based product) + OVL amount (if any) |
Cash Advance Limit |
Up to 80% of the credit limit, maximum ₹12,000 per day |
Free Credit Period |
Nil |
Cheque Fee |
₹100 |
Payment Dishonour Fee |
2% of the payment amount, subject to a minimum of ₹450 |
Statement Retrieval |
₹100 per statement that is more than 2 months old |
Late Payment |
|
Card Replacement |
₹100 |
Emergency Card Replacement, When Abroad |
Actual cost, with a minimum of $175 |
Foreign Currency Transaction |
Conversion mark up: 3.5% |
Dynamic Currency Conversion |
Markup Fee: 3.50% (For All Cards Except Elite) 1.99% (For Elite Cardholders Only) (Only for transactions greater than or eqal to ₹1,000) |
The credit card limit for SBI BPCL Octane card is assigned by the bank after a thorough credit check and evaluation of the applicant. SBI takes different factors into consideration, like credit utilisation ratio, credit score of the applicant, past payment history and records, to name a few.
You can reach out to the SBI BPCL Octane Credit Card Customer Care team at their helpline numbers:
1860 180 1290
1860 500 1290, 39 02 02 02 (prefix local STD code)
1800 180 1290 (toll free) for any BPCL SBI Card Octane queries
SBI credit card customer care is available from 8am to 8pm, Monday to Saturday. You can also visit the SBI Card website to drop them an email.
You can make your credit card bill payments using multiple channels like the mobile app, UPI, etc. Here’s how to pay the bills using the SBI card mobile app:
Step 1: Download the SBI card mobile app from Apple iOS, Android or Windows app store and login using your SBI card online user ID and password.
Step 2: Click on the ‘Pay now’ button at the bottom of the Account Summary page.
Step 3: Enter your registered Mobile No & Email ID if not updated already
Step 4: Select the amount you wish to pay
Step 5: Select the payment option and the bank name from the drop-down menu. Confirm the details and be securely redirected to your bank’s payment interface to authorise the payment.
Your account will get debited online and you will receive an online transaction confirmation with a Transaction Reference Number which will also be sent on your registered mobile no. and e-mail id. Your payment will instantly reflect on your SBI Octane Credi Card account.
Check out some of the best pros and cons of the SBI BPCL Octane Credit Card:
Pros |
Cons |
Reward points across dining, movies, groceries, departmental store spends, etc |
Fuel surcharge waiver per month is capped at ₹100 |
Reward points worth 25X on BPCL fuel purchases |
This benefit is limited to fuel purchase at BPCL pumps only |
4 complimentary lounge visits for every calendar year |
Retail spends reward rate is lower |
Credit Card |
Ideal For |
SBI BPCL Credit Card | BPCL SBI Card is best suited for purchase of Fuel, Traveling & Shopping |
Central SBI Credit Card | SBI Central Credit Card is best suited for Shopping, Dining & Entertainment |
Club Vistara SBI Card | SBI Club Vistara Credit Card is best suited for Traveling, Entertainment & Dining |
SBI ELITE Card | SBI ELITE Credit Card is best suited for Shopping, Entertainment, Fuel & Dining |
FBB SBI STYLEUP Card | SBI FBB STYLEUP Credit Card is best suited for Shopping, Rewards & Cashback |
SBI IRCTC RUPAY Card | SBI IRCTC Credit Card is best suited for Traveling, Entertainment & Fuel |
SBI Lifestyle Credit Card | SBI Lifestyle Credit Card is best suited for Shopping, Rewards & Cashback |
Max SBI Card SELECT | SBI Max SELECT Credit Card is best suited for Shopping, Rewards & Cashback |
SBI PRIME Card | SBI PRIME Credit Card is best suited for Traveling, Shopping & Fuel |
SimplyCLICK SBI Card | SBI SimplyCLICK Credit Card is best suited for Shopping, Entertainment & Fuel |
SimplySAVE SBI Card | SBI SimplySAVE Credit Card is best suited for Shopping, Entertainment & Fuel |
The card aims to offer value-back fuel purchase benefits with BPCL pumps. Additionally, it offers rewards and benefits on groceries, dining, entertainment, etc. It’s ideal for credit card users who prefer Bharat Petroleum as fuel providers because they can enjoy fuel surcharge waivers.
This is an ideal credit card for consumers who prefer Bharat Petroleum as fuel providers. With an annual fee of ₹499, card owners can enjoy value-back on fuel purchase.
The SBI BPCL Octane credit card is a premium fuel credit card. It is a co-brand card launched with the Bharat Petroleum Corporation Limited, and offers users huge benefits on fuel, shopping, and other expenses.
The BPCL Octane SBI credit card customer care number is 1860 180 1290
Credit card reward points earned on the SBI Octane card are automatically collected and added to your account as you earn them, and you can redeem these through the SBI credit card portal.
The documents acceptable for the SBI BPCL Octane credit card are proof of income documents (salary slips, Income Tax Returns, etc.), and identity and residence proof documents (PAN and Aadhaar Cards, voter ID, driving licence, passport, etc.).
There is no fixed credit limit on the BPCL Octane SBI card, as card issuers determine this for individual card users based on the user’s credit profile/credit score.
The SBI BPCL Octane credit card is one of the premium cards offered by the State Bank of India. The card is good as it offers several rewards and benefits such as reward points across dining, groceries, shopping, complimentary lounge visits, 25X reward points on BPCL fuel purchases, and more.
The maximum fuel surcharge waiver given with the SBI BPCL Octane credit card is ₹100 per statement cycle. This waiver is quite a beneficial addition to the host of benefits provided by this card.
Yes, you can withdraw cash from your SBI BPCL Octane credit card. As a holder of the BPCL Octane SBI card, you can withdraw cash from millions of VISA/RuPay ATMs across the world, including thousands of Indian ATMs. Along with this, you get access to over 10,000 ATMs over 100-plus cities in India.