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BPCL SBI Credit Card VS BPCL SBI Octane Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.

Features

BPCL SBI Credit Card
BPCL SBI Credit Card
BPCL SBI Octane Credit Card
BPCL SBI Octane Credit Card

Fees & Charges

Joining Fee
₹499 + GST
₹1,499 + GST
Renewal Fee
₹499 + GST
₹1,499 + GST
Spend Based Waiver
Renewal fee waived if annual spends for the preceding year are Rs. 50,000 or more.
Renewal fee waived if annual spends for the preceding year are ₹2,00,000 or more.
Foreign Transaction Fees
3.5% of the transaction amount.
3.5% of the transaction amount is charged as foreign currency markup.
Interest Rate (APR)
Monthly 3.5%-3.75% (42-45% annually).
3.75% per month (equivalent to 45% per annum) on outstanding balances.

Rewards & Benefits

Welcome Bonus
Get 2,000 Activation Bonus Reward Points worth Rs. 500 on payment of the joining fee.
Get 6,000 bonus reward points (worth ₹1,500) on payment of the annual fees, credited within 30 days.
Rewards Rate
4.25% Valueback on fuel. 5 points per Rs. 100 on select categories & 1 point on others.
Earn 25 RPs on ₹100 at BPCL fuel; 10 RPs on ₹100 for Dining/Movies/Grocery; 1 RP on ₹100 general.
Reward Type
Reward Points
Reward Points
Reward Redemption Fee
Rs. 99 (plus applicable taxes) per redemption request.
₹99 + taxes per redemption request, waived for instant redemption at BPCL fuel stations.

Travel & Lifestyle

Domestic Lounge Access
Not Applicable
4 complimentary visits per calendar year to Domestic VISA lounges, limited to 1 visit per quarter.
International Lounge Access
Not Applicable
Travel Benefits
Not Applicable
Enjoy 4 complimentary domestic airport lounge accesses annually (1 per quarter) for convenient travel.
Movie Benefits
Earn 5 Reward Points on every Rs. 100 spent on movie tickets (5X Reward Points).
Earn 10 Reward Points on every ₹100 spent on movies, capped at 7,500 RPs per month.
Dining Benefits
Earn 5 Reward Points on every Rs. 100 spent on dining (5X Reward Points).
Earn 10 Reward Points on every ₹100 spent on dining, capped at 7,500 RPs per month.
Golf Benefits
Not Applicable
Fuel Surcharge Waiver
1% waiver up to Rs. 100 per billing cycle on transactions up to Rs. 4,000 at BPCL pumps.
1% fuel surcharge waiver up to ₹100/cycle on transactions up to ₹4,000 at BPCL.

Security & Other

Insurance Benefits
Not Applicable
Complimentary Fraud Liability Cover of ₹1 Lakh, valid for 3 days prior to reporting loss.
Cash Advance Charges
2.5% of withdrawn amount, subject to a minimum charge of Rs. 500.
2.5% of withdrawn amount, with a minimum charge of ₹500, applies to cash advances.
Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

BPCL SBI Credit Card

BPCL SBI Octane Credit Card

Who is it for?

The BPCL SBI Card is an excellent entry-level credit card, co-branded with BPCL, ideal for everyday users. It offers significant value back on fuel purchases at BPCL stations, with a total of 4.25% value back, including a fuel surcharge waiver. Beyond fuel, cardholders benefit from accelerated reward points on common spending categories such as dining, groceries, departmental stores, and movies. This card provides practical savings on essential expenses with a nominal annual fee, making it a great choice for maximizing daily expenditures.

Who is it for?

The BPCL SBI Card Octane is a premium fuel credit card offering an impressive 7.25% value back on fuel purchases at BPCL stations. It extends benefits to lifestyle categories with accelerated rewards on dining, movies, and groceries. A notable perk is the inclusion of 4 complimentary domestic airport lounge visits annually, making it attractive for moderate travelers. With a waivable annual fee and a strong welcome bonus, it's an excellent choice for those prioritizing fuel savings and seeking broader lifestyle advantages.

Pros

Key benefits and features.

Offers great reward points and significant value back on fuel transactions at BPCL petrol pumps across India.

The BPCL SBI Card is highly accessible due to its competitive and low joining cost of just Rs. 499.

Provides attractive rewards on various everyday spending categories like groceries, dining, and movie tickets.

Pros

Key benefits and features.

Exceptional 7.25% value back on fuel at BPCL, making fuel expenses highly rewarding.

Provides 4 complimentary domestic airport lounge accesses annually, rare for this segment.

Accelerated rewards on dining, movies, and groceries offer significant savings on lifestyle spends.

Annual fee is easily waivable with a reasonable spend, enhancing long-term value.

Comes with a complimentary Fraud Liability Cover of ₹1 Lakh for added security.

Cons

Key drawbacks and limitations.

Cardholders will not receive any complimentary domestic or international airport lounge access.

There are no specific insurance benefits or covers included as part of this credit card's offerings.

Reward points are not earned on transactions for mobile wallet uploads or fuel purchases outside BPCL stations.

Cons

Key drawbacks and limitations.

A ₹99 fee is charged for most reward point redemptions, except instant fuel payments.

Fuel benefits are limited only to BPCL stations, reducing flexibility for other brands.

Reward points on Bharat Gas spends are capped at a relatively low 500 points per cycle.

High foreign currency markup of 3.5% makes international transactions less attractive.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.