SBI Card

Core

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BPCL SBI Card Octane

fuel

SBI Card · Core

BPCL SBI Card Octane

fuel 7.25% on General 4 lounge visits

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The bottom line

First-year value

+₹28,501.00

incl. joining fee

Ongoing / yr

+₹28,501.00

after ₹1,499.00 fee

Fee payback

~1 mo

rewards cover the fee

Why it fits: your spend is 0% in this card's accelerated categories — strongest on Travel & Lifestyle, worth roughly 7 lounge visits worth of value.

Estimated on an illustrative spend profile. Use the calculator below to match your own.

What would this card earn you?

Monthly spend₹82,400

₹32,960Your spend₹1,64,800

Annual reward

₹30,000

Annual fee

₹1,499

Net value

+₹28,501

View category breakdown

Travel & Lifestyle₹21,315/yr@ 7.25%

Dining₹13,224/yr@ 7.25%

Online Shopping₹12,876/yr@ 7.25%

Groceries₹9,831/yr@ 7.25%

Bills & Utilities₹6,264/yr@ 7.25%

Fuel₹5,568/yr@ 7.25%

Entertainment₹2,610/yr@ 7.25%

Reward rates

General7.25 %

Total rewards capped at ₹2,500.00 per statement cycle.

Key facts

Annual fee

₹1,499.00

Joining fee

₹1,499.00

Interest (p.m.)

3.5%

Forex markup

3.5%

Domestic lounge

4/yr

Intl lounge

None

Fuel waiver

1% (₹100/mo cap)

Min CIBIL

700+

Welcome benefit

6,000 Reward Points on fee payment

Key Fact Statement

As required by RBI circular RBI/2023-24/53 · auto-generated from live issuer data

RBI KFS

Parameter	Value	Note
Loan/credit product	SBI Card BPCL SBI Card Octane Credit Card	Product name
Annual Percentage Rate (APR)	42.00% p.a.	Effective cost of credit on outstanding balance
Monthly finance charge	3.50% per month on outstanding	Applied after interest-free period lapses
Interest-free period	Up to 50 days (if full due paid by due date)	No interest when bill settled in full each cycle
Annual fee / joining fee	₹1,499 joining · ₹1,499 annual	Charged on first statement and each anniversary
Minimum amount due (MAD)	5% of total outstanding or ₹200 (whichever is higher)	Paying only MAD incurs finance charge on remaining balance
Late payment charge	₹100–₹1,300 depending on outstanding amount	Levied if MAD not paid by due date
Cash advance fee	2.5% of amount or ₹500 (whichever is higher)	Plus finance charge from day of withdrawal
Forex markup fee	3.50% on international / foreign-currency transactions	Over and above the card network exchange rate
Over-limit fee	2.5% of over-limit amount or ₹550 (whichever is higher)	If spend exceeds sanctioned credit limit
Representative example	₹10,000 outstanding for 12 months at 3.50%/month = total repayable ₹12,418 (APR 42.00%)

Rates and charges are indicative and sourced from the issuing bank's Schedule of Charges. Actual charges are determined solely by the issuing bank at the time of sanction. This KFS is auto-generated by Naxelona and does not constitute an offer of credit. Credit is subject to the issuing bank's credit assessment and eligibility criteria.

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Soft check via the RBI Account Aggregator framework — no impact on your CIBIL score.

Overview

The BPCL SBI Card Octane is a co-branded fuel credit card issued by SBI Card in partnership with Bharat Petroleum Corporation Limited (BPCL), designed specifically for Indians who spend significantly on fuel. With a competitive reward rate and practical travel perks, this card helps regular fuel buyers turn everyday petrol and diesel expenses into meaningful savings. Whether you commute daily or drive long distances, the Octane card is structured to deliver consistent value at BPCL fuel stations.

Key benefits

Key Benefits

Welcome Bonus: Receive 6,000 Reward Points upon payment of the joining fee — a strong start to your rewards journey.
Domestic Lounge Access: Enjoy 4 complimentary domestic airport lounge visits per year, adding comfort to your travel experience.
Fuel Surcharge Waiver: Save on the standard 1% fuel surcharge at fuel stations, with a waiver capped at ₹100 per month.
Fuel-Focused Rewards: The card is optimised for BPCL fuel spend, making it one of the most rewarding options for petrol and diesel purchases in India.

> Note: This card does not include international lounge access.

Rewards

Rewards Programme

General Reward Rate: Earn rewards at a rate of 7.25% on eligible spends.
Welcome Points: 6,000 Reward Points credited on payment of the joining/annual fee.
Reward Points can be redeemed as per SBI Card's redemption programme. Redemption options, point value, and validity are governed by SBI Card's terms and conditions.
Fuel surcharge waiver is applicable on fuel transactions and is capped at ₹100 per statement cycle.

> Always check the SBI Card rewards catalogue and redemption terms for current point valuation and eligible categories.

Fees & charges

Fees & Charges

| Fee Type | Amount |
|---|---|
| Joining Fee | ₹1,499 |
| Annual Fee (from Year 2) | ₹1,499 |
| Finance Charge (Interest) | 3.5% per month |
| Foreign Currency Markup | 3.5% of the transaction amount |

The finance charge of 3.5% per month applies to outstanding balances not paid in full by the due date. Carrying a balance can significantly increase your cost of credit.
The forex markup of 3.5% makes this card relatively expensive for international transactions. Consider a low-forex card if you travel abroad frequently.

Features

Card Features at a Glance

Card Type: Fuel / Core Credit Card
Issuing Bank: SBI Card
Co-brand Partner: Bharat Petroleum Corporation Limited (BPCL)
Domestic Airport Lounge Visits: 4 per year (complimentary)
International Airport Lounge Visits: Not available
Fuel Surcharge Waiver: 1% waiver, capped at ₹100/month
Welcome Benefit: 6,000 Reward Points on fee payment
Contactless Payments: Available (subject to card variant)
Add-on Cards: Available for family members (subject to SBI Card policy)

This card is best suited for consumers who primarily fuel up at BPCL petrol pumps and want a straightforward, fuel-centric rewards structure.

Eligibility

Eligibility Criteria

To apply for the BPCL SBI Card Octane, applicants generally need to meet the following criteria:

Minimum Annual Income: ₹3,60,000 (₹30,000 per month)
Minimum CIBIL Score: 700 or above
Nationality: Indian resident
Age: Typically 21–65 years (as per SBI Card's standard policy)

Documents typically required:
- Identity proof (Aadhaar, PAN card, Passport, Voter ID)
- Address proof
- Income proof (latest salary slips, Form 16, or IT returns for self-employed)
- Recent passport-sized photographs

> Final approval is at the sole discretion of SBI Card and is subject to their internal credit assessment policies.

Terms

Terms & Conditions

All fees, charges, and reward rates mentioned on this page are based on information available at the time of publication and are subject to change by SBI Card at any time without prior notice.
The fuel surcharge waiver is capped at ₹100 per statement cycle and is applicable only on eligible fuel transactions as defined by SBI Card.
Welcome Reward Points of 6,000 are credited upon payment of the joining fee and are subject to SBI Card's fulfilment timelines and terms.
Finance charges of 3.5% per month (approximately 42% per annum) apply to any outstanding balance not cleared in full by the payment due date.
Lounge access is subject to the terms and conditions of the lounge access programme and may require a valid card and eligibility verification at the lounge.
Reward Points are subject to expiry and redemption conditions as per SBI Card's rewards programme terms.
Foreign currency transactions attract a markup of 3.5% on the converted INR amount.
Terms and conditions apply. Please read the Most Important Terms and Conditions (MITC) document available on the SBI Card official website before applying. Naxelona is a financial products marketplace and does not issue credit cards. Credit approval is solely at the discretion of SBI Card.

Frequently asked questions

What is the annual fee for the BPCL SBI Card Octane, and is it waived on spending a certain amount?

The BPCL SBI Card Octane has an annual fee of ₹1,499 and a joining fee of ₹1,499. Based on the information available, there is no spend-based fee waiver associated with this card. You should confirm the latest fee waiver conditions (if any) directly with SBI Card before applying.

How many reward points do I get as a welcome benefit on the BPCL SBI Card Octane?

You receive 6,000 Reward Points as a welcome benefit upon payment of the joining fee of ₹1,499. These points are credited as per SBI Card's fulfilment process and are subject to their terms and conditions.

What is the fuel surcharge waiver offered by this card?

The BPCL SBI Card Octane offers a 1% fuel surcharge waiver on fuel transactions. However, this waiver is capped at ₹100 per statement cycle (per month). Transactions outside the eligible amount range as defined by SBI Card may not qualify for the waiver.

Is the BPCL SBI Card Octane a good card for international travel or overseas spending?

No, this card is not ideally suited for international use. It carries a foreign currency markup of 3.5% on all overseas transactions, which adds to your costs. Additionally, it offers zero international airport lounge visits. If you travel abroad frequently, a dedicated travel credit card with a lower forex markup would be more cost-effective.

What is the minimum CIBIL score and income required to apply for the BPCL SBI Card Octane?

To be eligible for the BPCL SBI Card Octane, you generally need a minimum CIBIL score of 700 and a minimum annual income of ₹3,60,000 (₹30,000 per month). Final approval is subject to SBI Card's internal credit assessment and verification process.

How many complimentary domestic airport lounge visits does the BPCL SBI Card Octane provide?

The BPCL SBI Card Octane provides 4 complimentary domestic airport lounge visits per year. There are no complimentary international lounge visits included with this card. Lounge access is subject to the terms and conditions of the applicable lounge access programme.