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.
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.