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

Fees & Charges

Joining Fee
₹1,499 + GST
₹1,500 + GST
Renewal Fee
₹1,499 + GST
₹1,500 + GST
Spend Based Waiver
Renewal fee waived if annual spends for the preceding year are ₹2,00,000 or more.
Annual Fee Waiver on Spends of ₹2.75 Lakh.
Foreign Transaction Fees
3.5% of the transaction amount is charged as foreign currency markup.
3.5%
Interest Rate (APR)
3.75% per month (equivalent to 45% per annum) on outstanding balances.
2.5% to 3.99% Per Month

Rewards & Benefits

Welcome Bonus
Get 6,000 bonus reward points (worth ₹1,500) on payment of the annual fees, credited within 30 days.
Get 3,000 Fuel Points (worth ₹1,500) on spending ₹500+ 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.
Earn 15 Fuel Points for every ₹100 spent at IndianOil fuel stations (7.5% reward rate).
Reward Type
Reward Points
Reward Points
Reward Redemption Fee
₹99 + taxes per redemption request, waived for instant redemption at BPCL fuel stations.
₹99 + GST

Travel & Lifestyle

Domestic Lounge Access
4 complimentary visits per calendar year to Domestic VISA lounges, limited to 1 visit per quarter.
Not applicable
International Lounge Access
Not applicable
Travel Benefits
Enjoy 4 complimentary domestic airport lounge accesses annually (1 per quarter) for convenient travel.
Not applicable
Movie Benefits
Earn 10 Reward Points on every ₹100 spent on movies, capped at 7,500 RPs per month.
Not applicable
Dining Benefits
Earn 10 Reward Points on every ₹100 spent on dining, capped at 7,500 RPs per month.
Not applicable
Golf Benefits
Not applicable
Fuel Surcharge Waiver
1% fuel surcharge waiver up to ₹100/cycle on transactions up to ₹4,000 at BPCL.
1% Fuel Surcharge Waiver up to ₹200 Each Month.

Security & Other

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2.5% of withdrawn amount, with a minimum charge of ₹500, applies to cash advances.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

BPCL SBI Octane Credit Card

IndianOil RBL Bank XTRA 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 RBL Bank XTRA Credit Card is a specialized fuel card offering substantial savings at IndianOil outlets. It provides a high reward rate of 7.5% (15 Fuel Points per ₹100 spent) and, with the fuel surcharge waiver, delivers an 8.5% value back. Ideal for frequent fuel purchasers, this card can help save significantly on annual fuel expenses, potentially earning points equivalent to 250 liters of free petrol.

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.

High 7.5% reward rate on fuel purchases at IndianOil stations, leading in its segment.

Substantial annual fuel savings, equivalent to 250 liters of free petrol annually.

Welcome benefits worth ₹1,500 effectively offset the joining fee for new cardholders.

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.

Limited diversified benefits, lacking lounge access, dining, or broad accelerated rewards.

Requires ₹13,400 monthly fuel spend to maximize the 2,000 monthly Fuel Points cap.

Reports of redemption issues for Fuel Points at some IndianOil outlets due to lack of support.

Ready to Choose?

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