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BPCL SBI Octane Credit Card vs BPCL SBI Credit Card vs IndianOil Axis Bank Premium Credit Card

A detailed, side-by-side look at 3 leading credit cards. Analyze the features that matter most to you and make an informed choice.

Features

BPCL SBI Octane Credit Card
BPCL SBI Octane Credit Card
BPCL SBI Credit Card
BPCL SBI Credit Card
IndianOil Axis Bank Premium Credit Card
IndianOil Axis Bank Premium Credit Card

Fees & Charges

Joining Fee
₹1,499 + GST
₹499 + GST
₹1,000 + GST
Renewal Fee
₹1,499 + GST
₹499 + GST
₹1,000 + GST
Spend Based Waiver
Renewal fee waived if annual spends for the preceding year are ₹2,00,000 or more.
Renewal fee waived if annual spends for the preceding year are Rs. 50,000 or more.
Annual fee of ₹1,000 + GST waived on spends of ₹1,00,000 and above in an anniversary year.
Foreign Transaction Fees
3.5% of the transaction amount is charged as foreign currency markup.
3.5% of the transaction amount.
3.50% of transaction value for foreign currency spends.
Interest Rate (APR)
3.75% per month (equivalent to 45% per annum) on outstanding balances.
Monthly 3.5%-3.75% (42-45% annually).
3.75% Per Month (55.55% Per Annum) on outstanding balances.

Rewards & Benefits

Welcome Bonus
Get 6,000 bonus reward points (worth ₹1,500) on payment of the annual fees, credited within 30 days.
Get 2,000 Activation Bonus Reward Points worth Rs. 500 on payment of the joining fee.
Enjoy 500 EDGE Miles on your first spend within 30 days of card issuance.
Rewards Rate
Earn 25 RPs on ₹100 at BPCL fuel; 10 RPs on ₹100 for Dining/Movies/Grocery; 1 RP on ₹100 general.
4.25% Valueback on fuel. 5 points per Rs. 100 on select categories & 1 point on others.
Earn 6 EDGE Miles on every ₹150 spent at IOCL fuel outlets (up to ₹15k/month) & 2 EDGE Miles on groceries (up to ₹5k/month).
Reward Type
Reward Points
Reward Points
Reward Points
Reward Redemption Fee
₹99 + taxes per redemption request, waived for instant redemption at BPCL fuel stations.
Rs. 99 (plus applicable taxes) per redemption request.
Nil charges for redeeming EDGE Miles.

Travel & Lifestyle

Domestic Lounge Access
4 complimentary visits per calendar year to Domestic VISA lounges, limited to 1 visit per quarter.
Not Applicable
Enjoy 2 complimentary domestic lounge visits per quarter (8 annually) by spending ₹50,000 in the prior 3 months.
International Lounge Access
Not Applicable
Not Applicable
Travel Benefits
Enjoy 4 complimentary domestic airport lounge accesses annually (1 per quarter) for convenient travel.
Not Applicable
Offers spend-based domestic lounge access and instant savings on flights & hotels via MakeMyTrip.
Movie Benefits
Earn 10 Reward Points on every ₹100 spent on movies, capped at 7,500 RPs per month.
Earn 5 Reward Points on every Rs. 100 spent on movie tickets (5X Reward Points).
Not Applicable
Dining Benefits
Earn 10 Reward Points on every ₹100 spent on dining, capped at 7,500 RPs per month.
Earn 5 Reward Points on every Rs. 100 spent on dining (5X Reward Points).
Enjoy 30% off on Zomato (up to ₹150, 2 times/month) & up to 25% off (max ₹800) via Eazydiner.
Golf Benefits
Not Applicable
Not Applicable
Fuel Surcharge Waiver
1% fuel surcharge waiver up to ₹100/cycle on transactions up to ₹4,000 at BPCL.
1% waiver up to Rs. 100 per billing cycle on transactions up to Rs. 4,000 at BPCL pumps.
1% fuel surcharge waiver (unlimited) at IOCL fuel outlets (GST on surcharge non-refundable).

Security & Other

Insurance Benefits
Complimentary Fraud Liability Cover of ₹1 Lakh, valid for 3 days prior to reporting loss.
Not Applicable
Not Applicable
Cash Advance Charges
2.5% of withdrawn amount, with a minimum charge of ₹500, applies to cash advances.
2.5% of withdrawn amount, subject to a minimum charge of Rs. 500.
2.5% of withdrawn amount (minimum ₹500) for cash advances.

BPCL SBI Octane Credit Card

BPCL SBI Credit Card

IndianOil Axis Bank Premium Credit Card

Who is it for?

Who is it for?

Who is it for?

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.

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.

Excellent choice for frequent commuters with generous 6X EDGE Miles on IndianOil fuel purchases.

Well-rounded rewards program providing 2X EDGE Miles on grocery and daily spending needs.

Valuable travel perk with 2 complimentary domestic airport lounge visits each quarter.

Significant lifestyle benefits, including a 30% discount on food deliveries via Zomato.

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.

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.

Domestic lounge access is conditional on spending ₹50,000 in the preceding three months.

Accelerated EDGE Miles for fuel and groceries have monthly spending caps for maximum benefits.

No EDGE Miles are earned on key categories like utilities, insurance, wallets, and rent payments.

Ready to Choose?

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