BPCL SBI Card OCTANE
SBI Card
Last verified: 23 Sept 2026
Reward Program
| Category | Earn Rate | Monthly Cap |
|---|---|---|
Fuel at BPCL petrol pumps | 6.25% | ₹2,500/monthly |
Dining, departmental stores, grocery and movies | 2.5% | ₹7,500/monthly |
Bharat Gas booked on its website or app | 6.25% | ₹500/monthly |
| All other spends | 0.25% | No cap |
Redemption fee: 99
Managed via SBI Card Rewards Catalogue, SBI Card mobile app and net banking
Transfer partners
Live Offers
63 activeBenefits
Lounge Access
1 domestic visits/quarter
0 international visits/quarter
4 complimentary domestic VISA lounge visits per calendar year, maximum 1 visit per quarter. No international lounge access.
Fuel Surcharge Waiver
1% fuel surcharge waiver on every BPCL transaction up to ₹4,000, exclusive of GST and other charges, with no minimum threshold. It applies ONLY on swiping the card at a POS machine at a BPCL pump — not to non-BPCL fuel. SBI adds this to the 6.25% Reward Point rate and markets the combination as 7.25% value back; its own footnote makes the arithmetic explicit.
Welcome Benefit
6,000 bonus Reward Points worth ₹1,500
Credited only after the joining or annual fee has been paid and realised by SBI Card.
Redeemable against fuel at BPCL outlets or through the Shop n Smile catalogue.
Insurance Cover
Fraud liability cover₹1,00,000
Milestone Benefits
Reward Calculator
Assumes the best-paying merchant everywhere, so read it as a ceiling rather than an average.
What this card is worth
Open a section and enter what you actually spend. Everything updates as you type.
Fees & Charges
| Joining Fee | ₹1,499/yr |
| Renewal Fee | ₹1,499/yr |
| Fee Waiver | Spend ₹2,00,000/year |
| Forex Markup | 3.5% |
| Interest Rate | 45% p.a. |
| Cash Advance Fee | 2.5% of the transaction amount, subject to a minimum of ₹500, at domestic and international ATMs. |
| Reward Redemption Fee | 99 |
