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

Fees & Charges

Joining Fee
₹1,499 + GST
₹500 + GST
₹500 + GST
Renewal Fee
₹1,499 + GST
₹500 + GST
₹500 + GST
Spend Based Waiver
Renewal fee waived if annual spends for the preceding year are ₹2,00,000 or more.
Joining fee waived on ₹20,000 spend in 90 days. Renewal fee waived on ₹50,000 annual spend.
Annual Fee waived on spends of ₹1.75 Lakh in a year.
Foreign Transaction Fees
3.5% of the transaction amount is charged as foreign currency markup.
3.5% markup on all international and cross-currency transactions.
3.5% markup on international spends.
Interest Rate (APR)
3.75% per month (equivalent to 45% per annum) on outstanding balances.
3.75% per month (45% per annum) on revolving credit balance.
2.5% to 3.99% Per Month 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.
Complimentary IndianOil XTRAREWARDS Program (IXRP) membership on joining.
1,000 Fuel Points
Rewards Rate
Earn 25 RPs on ₹100 at BPCL fuel; 10 RPs on ₹100 for Dining/Movies/Grocery; 1 RP on ₹100 general.
Earn 5% Fuel Points on IndianOil spends, groceries & bill payments; 1 FP for every ₹150 on other spends.
Earn 10 Fuel Points/₹100 on IndianOil fuel, 1 Fuel Point/₹100 on other spends.
Reward Type
Reward Points
Fuel Points
Reward Points
Reward Redemption Fee
₹99 + taxes per redemption request, waived for instant redemption at BPCL fuel stations.
₹99 + GST applies for reward point redemption.
₹99 + GST applies for redemption of reward points.

Travel & Lifestyle

Domestic Lounge Access
4 complimentary visits per calendar year to Domestic VISA lounges, limited to 1 visit per quarter.
Not Applicable
Not Applicable
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
Not Applicable
Movie Benefits
Earn 10 Reward Points on every ₹100 spent on movies, capped at 7,500 RPs per month.
Not Applicable
Not Applicable
Dining Benefits
Earn 10 Reward Points on every ₹100 spent on dining, capped at 7,500 RPs per month.
Not Applicable
Not Applicable
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 on fuel transactions (min ₹400), capped at ₹250 per statement cycle.
1% fuel surcharge waiver.

Security & Other

Insurance Benefits
Complimentary Fraud Liability Cover of ₹1 Lakh, valid for 3 days prior to reporting loss.
Zero Lost Card Liability protection against fraudulent transactions upon reporting card loss.
Not Applicable
Cash Advance Charges
2.5% of withdrawn amount, with a minimum charge of ₹500, applies to cash advances.
2.5% of amount withdrawn, minimum ₹500, for cash advance transactions.
2.5% or a Minimum of ₹500 for cash withdrawals.
Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

BPCL SBI Octane Credit Card

IndianOil HDFC Bank Credit Card

IndianOil RBL Bank Credit Card

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.

Who is it for?

The IndianOil HDFC Bank Credit Card is a co-branded RuPay credit card designed for fuel enthusiasts. It offers significant rewards in the form of Fuel Points, allowing cardholders to earn up to 50 litres of free fuel annually, especially at IndianOil outlets. Benefits include accelerated points on groceries and bill payments, easy UPI linkage, and potential fee waivers based on spending. This card provides a strong value proposition for everyday fuel and utility expenses.

Who is it for?

The IndianOil RBL Bank Credit Card is a co-branded card tailored for fuel expenses at IndianOil outlets. It offers an exceptional 5% reward rate on fuel purchases, along with a 1% fuel surcharge waiver, leading to significant savings. With an affordable fee and the option for an annual fee waiver, it's an ideal choice for individuals seeking a dedicated fuel credit card, offering up to ₹6,000 in annual fuel savings.

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.

RuPay network enables seamless linkage to UPI applications for mobile payments.

Offers a high reward rate for fuel redemption through IXRP, valuing 1 FP at ₹0.96.

Provides potential for both joining and renewal fee waivers based on annual spending.

Opportunity to earn up to 50 litres of free fuel annually with continued usage.

Pros

Key benefits and features.

Highly advantageous credit card for those who frequently purchase fuel at IndianOil stations.

Offers an excellent reward rate of 5% on fuel purchases, ensuring significant savings.

Considered one of the best co-branded credit cards for fuel purchases at IndianOil Outlets.

Affordable ₹500 fee makes it ideal for individuals seeking their first fuel credit card.

Potential annual savings of up to ₹6,000 on fuel expenditure at IndianOil outlets.

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.

Initial cap on accelerated fuel rewards at IndianOil outlets limits benefits for high spenders.

Reward accrual on groceries and bill payments is capped at 100 Fuel Points per month.

Lower redemption value (1 FP = ₹0.20) for cashback or catalogue products.

Cons

Key drawbacks and limitations.

The card does not offer a high reward rate for spending on categories other than fuel.

Limited benefits beyond fuel, making it less versatile for diverse spending needs.

A rewards redemption fee of ₹99 + GST applies, reducing the overall reward value slightly.

Ready to Choose?

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