Fuel
Joining Fee₹500
Renewal Fee₹500
NetworkRuPay
Best for: IndianOil Petrol/Diesel Buyers & RuPay UPI Convenience
Rewards: 1 EDGE Point per Rs 100 spent
Renewal fee waived on ₹50,000 annual spend
Last verified 2 Oct 2026
4.4/5 Editorial Score
BPCL SBI Card OCTANE
Highest fuel savings of 7.25% at BPCL pumps with complimentary airport lounge visits.
Joining Fee
₹1,499
One-time upfrontAnnual Fee
₹1,499
Waived on ₹2 lakh annual spendBase Rewards
1 Reward Point per Rs 100 spent
On eligible spendsAirport Lounge
1 Domestic visits/quarter
Complimentary visitsLast verified 2 Oct 2026
Why Consider This Card?
Objective editorial assessment, ideal spender profile, and primary trade-offs
Editorial Verdict
4.4/5 Editorial Score
The BPCL SBI Card OCTANE is arguably India's highest-rewarding co-branded fuel credit card for consumers who consistently refuel at Bharat Petroleum (BPCL) outlets. Cardholders earn 25 Reward Points per ₹100 spent (6.25% value back) on BPCL fuel and lubricants, alongside a 1% fuel surcharge waiver, delivering a total return of 7.25%. It also offers 25 RPs per ₹100 on Bharat Gas LPG bookings (via app/website) and 10X points (2.5% return) on dining, groceries, and movies. Unlike most basic fuel cards, it provides 4 complimentary domestic airport lounge visits per year (1 per quarter). The joining fee of ₹1,499 is compensated by 6,00,000 bonus points (worth ₹1,500) upon fee settlement. Key caveats include a monthly fuel points cap of 2,500 RPs (₹10,000 monthly fuel spend limit), exclusivity to BPCL POS terminals, and a ₹2,00,000 annual spend waiver threshold. Who it is best for: Vehicle owners spending ₹4,000 to ₹10,000 monthly on petrol or diesel with convenient access to BPCL fuel stations. Who should avoid it: Commuters who frequent IndianOil or HPCL pumps, or non-vehicle owners.
Card Strengths
- High 7.25% effective value back (6.25% rewards + 1% surcharge waiver) on BPCL petrol and diesel
- 6,000 bonus reward points (worth ₹1,500) upon paying the joining fee
- 4 complimentary domestic airport lounge visits per year (1 per quarter)
- Instant reward point redemption for fuel at BPCL fuel stations with zero redemption charges
- 25 RPs per ₹100 on Bharat Gas LPG cylinders booked via official website/app
Things to Keep in Mind
- Accelerated 7.25% fuel benefits are strictly limited to BPCL fuel stations with BPCL swipe machines
- Monthly cap of 2,500 points on fuel limits 7.25% return to ₹10,000 monthly spend
- ₹2,00,000 annual spend required to waive the ₹1,499 renewal fee
- Non-BPCL reward redemptions incur a ₹99 + GST processing fee
Additional Cardholder Privileges
Rewards
Rewards
25 Reward Points/₹100 Spent at BPCL Fuel Stations (Reward Rate = 7.25%), 10 RPs/₹100 Spent on Groceries, Departmental Stores, and Movie Tickets, and 1 Reward Point for Every ₹100 Spent on All Other Expenditures
Welcome
Welcome Benefit 1
6,000 Bonus Reward Points Worth ₹1,500
Rewards & Cashback Structure
Base earning rates, partner merchant acceleration, redemption options, and exclusions
- Reward Program Name
- BPCL SBI Octane Rewards
- Reward Currency
- Reward Points
- Base Earn Rate
- 1 Reward Point per Rs 100 spent
- Point Value (INR)
- ₹0.2500 per point
- Redemption Channels
- Refer to bank rewards portal
- Reward Point Expiry
- Refer to bank rewards program terms
Category Accelerated Earn RatesPublished Terms
| Spend Category | Earn Rate | Reward Cap | Conditions |
|---|---|---|---|
| BPCL Petrol Pumps (Fuel & Lubricants) | 25X Reward Points (7.25% total savings: 6.25% reward points + 1% surcharge waiver, max 2,500 pts/billing cycle) | 2,500 Reward Points / statement cycle | Standard terms apply |
| Departmental Stores, Grocery, Dining & Movies | 10X Reward Points (10 RP per ₹100 spent = 2.5% valueback, max 2,500 pts/mo) | 2,500 Reward Points/mo | Standard terms apply |
| All Other Spends | 1 Reward Point per ₹100 spent (1 RP = ₹0.25) | No Cap | Standard terms apply |
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Estimate Your Custom Monthly Rewards
Calculate estimated net cashback and points across your actual spending pattern.
Reward Exclusions: Fuel transactions, wallet loading, cash withdrawals, rent payments, educational payments, and government services are generally excluded from base and accelerated reward point accrual across all Indian card issuers.
Reward Calculator
Estimate Your Annual Rewards
Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.
Verified Rates & Caps
Quick Select:
Total Monthly Spend:₹30,000 / month
₹5,000 / mo₹1 lakh / mo₹2 lakh / mo
Category Spend Allocation
Customize monthly spend in each category. Category amounts sum directly to your monthly spend.
BPCL Petrol Pumps (Fuel & Lubricants)25.00%
Cap: ₹2,500/statement_cycle
₹
Departmental Stores, Grocery, Dining & Movies2.50%
Cap: ₹2,500/monthly
₹
All Other Spends0.25%
No published cap
₹
Excluded / Non-Reward Spends0%
Fuel, rent, wallet, govt, cash
₹
| Category / Reward Bucket | Monthly Spend | Rate | Effective Rate | Cap Period | Eligible Reward | Cap Status |
|---|---|---|---|---|---|---|
| BPCL Petrol Pumps (Fuel & Lubricants) | ₹6,000 | 25X Reward Points (7.25% total savings: 6.25% reward points + 1% surcharge waiver, max 2,500 pts/billing cycle) | — | ₹2,500/statement_cycle | Calculating... | Under cap |
| Departmental Stores, Grocery, Dining & Movies | ₹6,000 | 10X Reward Points (10 RP per ₹100 spent = 2.5% valueback, max 2,500 pts/mo) | — | ₹2,500/monthly | Calculating... | Under cap |
| All Other Spends | ₹18,000 | 1 Reward Point per ₹100 spent (1 RP = ₹0.25) | — | None | Calculating... | Under cap |
| Total Monthly Cashback | ₹30,000 | - | — | - | ₹0 / mo | Zero cap loss |
Annual Spends
₹3.6 lakh
12 billing cyclesAnnual Capped Rewards
₹0
0% blended returnEffective Fee
-₹1,499
Standard renewalNet Annual Value
+₹0 / yr
Rewards - Fee*Calculation based on verified card reward rates, applicable monthly caps, and fee-waiver thresholds - ₹1499 annual fee.
Multi-card comparatorMilestone Spend Progression
Bonus vouchers and annual fee waiver milestones unlocked as your total spend increases
1
Worth ₹2,000Tier 1 Target
₹3 lakhper year
Annual Milestone E-Gift Voucher
Rs 2,000 E-Gift Voucher from Aditya Birla Fashion / Yatra / Urban Company on annual spends of Rs 3,00,000.
*Milestone spend calculation is tracked across eligible retail purchases within each specified billing or calendar period. Excludes cash advances, wallet loads, and EMI conversions.
Airport Lounge Access
Domestic and international lounge privileges, spend hurdles, and participating terminals
Domestic Lounge Access
Airports within India- Complimentary Visits
- 1 complimentary visit per quarter
- Spend Requirement
- No spend requirement
4 complimentary domestic airport lounge visits per calendar year (1 per calendar quarter) across India
International Lounge Access
Global airports outside India- Complimentary Visits
- 1 complimentary visit per quarter
- Spend Requirement
- Verification in progress
- Access Type
- BPCL SBI Card OCTANE Airport Lounge Access Program
Planning an upcoming departure?
Verify this card against live departure gates and specific terminal lounges across India.
Terminal 1B, Terminal 2
Participating Lounges
Terminal 1, Terminal 2
Participating Lounges
Terminal 1
Participating Lounges
Where can I use this card for airport lounge access?
This card includes complimentary admission across verified Indian airport terminals. Check individual terminal lounges and spend criteria before you travel.
Domestic Allowance1 Domestic visits/quarter
Airport Coverage40+ Major Indian Airports
Lounge DirectoryView All Lounge Coverage
Representative Major Airport Lounges:
Fees & Charges
Complete breakdown of joining, renewal, forex, financing APR, and transaction charges
1. Card Membership Fees
- Joining Fee (1st Year)
- ₹1,499
- Annual / Renewal Fee (2nd Year Onwards)
- ₹1,499
- Annual Spend Fee Waiver
- Waived on ₹2 lakh annual spend
- Fee Terms Notes
- 6,000 bonus reward points (worth ₹1,500) on fee payment; fee waived on ₹2,00,000 annual spend
2. International Spends
- Foreign Currency Markup (Forex)
- 3.50% + GST
- Dynamic Currency Conversion (DCC)
- Standard 1% mark-up on cross-currency INR transactions where applicable
3. Borrowing & Financing
- Monthly Interest Rate (Finance Charges)
- Refer to official schedule of charges
- Annualized Interest Rate (APR)
- Refer to official schedule of charges
- Cash Advance / ATM Withdrawal Fee
- Refer to official schedule of charges
- Interest-Free Period
- Up to 50 Days
4. Other Charges & Taxes
- Late Payment Charges
- Refer to official schedule of charges
Regulatory Tax Notice: Goods and Services Tax (GST) of 18% is applicable on all card fees, interest charges, and milestone fees as mandated by the Government of India.
Verified Terms & Exclusions Summary
Fuel Reward Structure: 25 Reward Points per ₹100 spent on fuel and lubricants at BPCL pumps (6.25% value back) + 1% fuel surcharge waiver on transactions up to ₹4,000 (total return 7.25%). Fuel Reward Cap: Accelerated 25 RPs on fuel is capped at 2,500 Reward Points per billing cycle (₹10,000 max eligible fuel spend per cycle). Accelerated Categories: 25 RPs per ₹100 on Bharat Gas LPG booking (website/app only). 10 RPs per ₹100 on Dining, Departmental Stores, Grocery, and Movies (capped at 7,500 RPs/month). Lounge Access: 4 complimentary domestic airport lounge visits per calendar year (maximum 1 visit per calendar quarter). Fee & Waiver: Joining fee ₹1,499 + GST (offset with 6,000 points worth ₹1,500). Renewal fee ₹1,499 + GST waived on annual retail spends of ₹2,00,000 or more. Redemption: 1 RP = ₹0.25. Instant redemption without fees at BPCL petrol pumps or via SBI Card catalogue (subject to ₹99 + GST handling fee).
Is the Annual Fee Worth It?
Evaluate whether this card's perks and waiver threshold justify its ₹1,499 renewal fee.
Eligibility & Application Requirements
Income criteria, minimum age, CIBIL score benchmark, and verification checklist
Eligibility criteria not specified
Verified eligibility criteria are not currently available for this card. Check the issuer's latest terms before applying.
Mandatory Verification Documents
1. Identity ProofPAN Card (Mandatory), Aadhaar Card, Passport, or Voter ID.
2. Address ProofAadhaar (DigiLocker), Utility Bill (Electricity/Piped Gas), or Rental Agreement.
3. Income ProofLatest 3 months salary slips, Form 16, or latest 2 years ITR computation.
Frequently Asked Questions
Common questions regarding BPCL SBI Card OCTANE application, fees, reward redemption, and eligibility
How much cashback or valueback does BPCL SBI Card OCTANE offer on fuel?
The card offers 25 Reward Points per ₹100 spent at BPCL pumps (6.25% value back at ₹0.25 per point) plus a 1% fuel surcharge waiver, delivering an effective 7.25% return on BPCL fuel purchases.
What is the monthly limit for earning accelerated fuel points?
The 25X accelerated fuel reward points are capped at 2,500 Reward Points per billing cycle, which corresponds to ₹10,000 in monthly fuel spending.
Does BPCL SBI OCTANE include airport lounge access?
Yes. The card includes 4 complimentary domestic airport lounge visits per calendar year, capped at a maximum of 1 visit per calendar quarter.
How can I redeem BPCL OCTANE reward points without paying fees?
You can redeem reward points instantly at participating BPCL petrol pumps against fuel purchases at the rate of 4 points = ₹1.00 with zero redemption fees. Catalogue redemptions incur a ₹99 + GST fee.
What is the joining and annual renewal fee for BPCL SBI Card OCTANE?
The joining fee for BPCL SBI Card OCTANE is ₹1,499 (one-time), and the annual renewal fee is ₹1,499 from the second year onwards. GST of 18% is applicable on all fee charges.
Can the annual fee on BPCL SBI Card OCTANE be waived?
Yes, the annual renewal fee of ₹1,499 is waived upon achieving annual spends of ₹2 lakh in the preceding card anniversary year.
What are the primary rewards and cashback earn rates on BPCL SBI Card OCTANE?
BPCL SBI Card OCTANE offers 1 Reward Point per Rs 100 spent. Cardholders also enjoy accelerated reward rates on partner merchants and selected digital spend categories.
Does BPCL SBI Card OCTANE offer complimentary airport lounge access?
Yes, BPCL SBI Card OCTANE provides 1 Domestic visits/quarter.
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DIRECT BANK APPLICATION
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