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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.

These are the two strongest network-specific fuel cards in India, but tied to different oil companies. IndianOil RBL Bank XTRA earns 15 Fuel Points per ₹100 (7.5%) at IndianOil pumps, combining with the surcharge waiver for roughly 8.5% total value back - the higher of the two - for a ₹1,500 annual fee. BPCL SBI Octane earns 7.25% value back specifically at BPCL stations for a slightly lower ₹1,499 fee, and adds accelerated dining, movie, and grocery rewards alongside domestic lounge access - a better fit if your spending isn't purely fuel-focused. The real deciding factor is simpler than the numbers suggest: pick whichever oil company's pumps you actually drive past regularly, since neither card's fuel rate applies at the other's network.

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
The annual renewal fee is waived on an annual expenditure of ₹2,00,000 or more in the preceding year.
Annual Fee Waiver on Spends of ₹2.75 Lakh.
Foreign Transaction Fees
3.5% of the transaction amount.
3.5%
Interest Rate (APR)
3.75% per month (45% per annum).
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 fee, 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 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).
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 + applicable taxes per redemption request (not applicable for fuel redemption at BPCL pumps).
₹99 + GST

Travel & Lifestyle

Domestic Lounge Access
Enjoy 4 complimentary domestic airport lounge visits per calendar year, with a maximum of 1 visit per quarter.
Not applicable
International Lounge Access
Not applicable
Travel Benefits
Not applicable
Movie Benefits
Earn 10 Reward Points for every ₹100 spent on movie tickets, capped at 7,500 RPs per month across dining, departmental stores, groceries, and movies.
Not applicable
Dining Benefits
Earn 10 Reward Points for every ₹100 spent on dining, capped at 7,500 RPs per month across dining, departmental stores, groceries, and movies.
Not applicable
Golf Benefits
Not applicable
Fuel Surcharge Waiver
1% 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).
1% Fuel Surcharge Waiver up to ₹200 Each Month.

Security & Other

Insurance Benefits
Complimentary Fraud Liability Cover of ₹1 Lakh.
Not applicable
Cash Advance Charges
2.5% of the withdrawn amount (minimum ₹500).
2.5% of the Cash Amount or a Minimum of ₹500.
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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 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 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.

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.

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 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.

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.

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.