Skip to main content

BPCL SBI Octane Credit Card VS IndianOil HDFC Bank 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.
Verified
Last updated: 18 July 2026

Both BPCL SBI Octane Credit Card and IndianOil HDFC Bank Credit Card suit fuel-focused spenders, but they earn and cost differently. BPCL SBI Octane Credit Card costs ₹1,499 + GST and earns 25 Reward Points per ₹100 on BPCL fuel, lubricants, and Bharat Gas (website/app only, max 2,500 RPs/month for fuel, 500 RPs/month for Bharat Gas). Get 10 RPs per ₹100 on dining, departmental stores, groceries, and movies (max 7,500 RPs/month). Earn 1 RP per ₹100 on all other retail spends (excluding mobile wallet uploads and non-BPCL fuel). IndianOil HDFC Bank Credit Card costs ₹500 + GST and earns 5% Fuel Points on IndianOil spends, groceries & bill payments; 1 FP for every ₹150 on other spends. BPCL SBI Octane Credit Card also brings enjoy 4 complimentary domestic airport lounge visits per calendar year, with a maximum of 1 visit per quarter, while IndianOil HDFC Bank Credit Card counters with zero Lost Card Liability protection against fraudulent transactions upon reporting card loss. Weigh the fee against the reward rate above to see which fits your spending pattern better.

BPCL SBI Octane Credit Card
BPCL SBI Octane Credit Card
IndianOil HDFC Bank Credit Card
IndianOil HDFC Bank Credit Card

Fees & Charges

Joining Fee₹1,499 + GST
Joining Fee₹500 + GST
Renewal Fee₹1,499 + GST
Renewal Fee₹500 + GST
Spend Based WaiverThe annual renewal fee is waived on an annual expenditure of ₹2,00,000 or more in the preceding year.
Spend Based WaiverJoining Fee waived on ₹20,000 spend in 90 days. Renewal Fee waived on ₹50,000 annual spend.
Foreign Transaction Fees3.5% of the transaction amount.
Foreign Transaction Fees3.5% of the transaction amount.
Interest Rate (APR)3.75% per month (45% per annum).
Interest Rate (APR)Revolving Credit: 3.75% per month (45% p.a.). Overdue: Up to 3.49% per month (41.88% p.a.).

Rewards & Benefits

Welcome BonusGet 6,000 bonus Reward Points worth ₹1,500 on payment of the annual fee, credited within 30 days.
Welcome BonusComplimentary IndianOil XTRAREWARDS Program (IXRP) membership. Voucher worth ₹250 upon card activation and one transaction.
Rewards RateEarn 25 Reward Points per ₹100 on BPCL fuel, lubricants, and Bharat Gas (website/app only, max 2,500 RPs/month for fuel, 500 RPs/month for Bharat Gas). Get 10 RPs per ₹100 on dining, departmental stores, groceries, and movies (max 7,500 RPs/month). Earn 1 RP per ₹100 on all other retail spends (excluding mobile wallet uploads and non-BPCL fuel).
Rewards RateAccelerated 5% Fuel Points on IndianOil, groceries, and bill payments. 1 Fuel Point on every ₹150 spent on other purchases.
Reward TypeReward Points
Reward TypeReward Points
Reward Redemption Fee₹99 + applicable taxes per redemption request (not applicable for fuel redemption at BPCL pumps).
Reward Redemption Fee₹99 plus GST for redemption through net-banking towards catalog products or as cashback.

Travel & Lifestyle

Domestic Lounge AccessEnjoy 4 complimentary domestic airport lounge visits per calendar year, with a maximum of 1 visit per quarter.
Domestic Lounge Access
International Lounge Access
International Lounge Access
Travel Benefits
Travel Benefits
Movie BenefitsEarn 10 Reward Points for every ₹100 spent on movie tickets, capped at 7,500 RPs per month across dining, departmental stores, groceries, and movies.
Movie Benefits
Dining BenefitsEarn 10 Reward Points for every ₹100 spent on dining, capped at 7,500 RPs per month across dining, departmental stores, groceries, and movies.
Dining Benefits
Golf Benefits
Golf Benefits
Fuel Surcharge Waiver1% fuel surcharge waiver on fuel transactions up to ₹4,000 at all petrol pumps across India (max waiver of ₹100 per month, equivalent to ₹1,200 annual savings).
Fuel Surcharge Waiver1% waiver across all petrol pumps on min ₹400 transaction. Max waiver ₹250 per statement cycle.

Security & Other

Insurance BenefitsComplimentary Fraud Liability Cover of ₹1 Lakh.
Insurance BenefitsZero Cost Card Liability for fraudulent transactions if reported immediately.
Cash Advance Charges2.5% of the withdrawn amount (minimum ₹500).
Cash Advance Charges2.5% of amount withdrawn, subject to a minimum charge of ₹500.
Apply Now(opens in new tab)
Apply Now(opens in new tab)
Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

BPCL SBI Octane Credit Card

IndianOil HDFC Bank Credit Card

Who is it for?

The BPCL SBI Octane Credit Card is designed for individuals who frequently spend on fuel, especially at BPCL stations, offering a high 7.25% value back. It also provides accelerated rewards on dining, movies, and groceries, along with complimentary domestic airport lounge access, making it a strong choice for everyday spenders and domestic travelers.

Who is it for?

The IndianOil HDFC Bank Credit Card is a co-branded card for high fuel spenders, offering significant savings through Fuel Points redeemable for free fuel at IndianOil pumps. Users can earn up to 50 liters of free fuel annually, with accelerated 5% Fuel Points on IndianOil, groceries, and bill payments. Operating on the RuPay network, it also supports convenient UPI payments.

Pros

Key benefits and features.

High value back of 7.25% on fuel purchases at BPCL stations.

Accelerated 10X Reward Points on dining, movies, groceries, and departmental stores.

Complimentary domestic airport lounge access (4 visits annually).

Valuable welcome benefit of 6,000 Reward Points worth ₹1,500.

Opportunity to earn e-Gift Vouchers worth ₹2,000 on achieving annual spend milestones.

Pros

Key benefits and features.

Accelerated 5% Fuel Points on IndianOil outlets, with high ₹0.96 redemption value for free fuel.

Earn 5% Fuel Points on groceries and utility bill payments, making it useful for daily expenses.

RuPay network enables UPI integration, allowing convenient mobile payments via linked applications.

Joining and renewal fees are waivable based on spending, offering potential for a free-for-life card.

Benefits include 1% fuel surcharge waiver, up to 50 days interest-free credit, and zero lost card liability.

Cons

Key drawbacks and limitations.

A reward redemption fee of ₹99 + taxes applies to most redemption requests, except for fuel.

No international lounge access or specific international travel benefits.

Reward points for fuel and other categories are capped monthly.

The annual fee is higher than the base BPCL SBI Card variant.

Cons

Key drawbacks and limitations.

Monthly caps on Fuel Points in accelerated categories limit benefits for very high spenders.

No Fuel Points on wallet loading, government, EMI, rental, gold purchases, or non-IndianOil fuel.

A ₹99 + GST fee applies for redeeming Fuel Points as cashback or for catalog products.

How We Compare These Cards

Every comparison on CardsForYou is built from the same verified data set we use across the site - joining and renewal fees, reward rates, forex markup, lounge access, and insurance benefits - sourced directly from each issuer and refreshed regularly. We highlight the lower-cost option on fees automatically, but "best" always depends on your own spending pattern: a card that wins on annual fee may lose on reward rate for a heavy spender, and vice versa. Use the table above alongside your own typical monthly spend to judge real value, not just the headline numbers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.
Apply for BPCL SBI Octane Credit Card(opens in new tab)Apply for IndianOil HDFC Bank Credit Card(opens in new tab)