BPCL SBI Card Octane
BPCL SBI Card Octane
Joining Fees
Renewal Fees
Best Suited For
Reward Type
Welcome Benefit
₹ 1,499 + GST
₹ 1,499 + GST
Fuel
Reward Points
6,000 bonus reward points worth Rs. 1500
Rewards and Benefits
Welcome Benefits
6,000 bonus reward points worth Rs. 1500
Rewards Rate
25 reward points for every Rs. 100 spends at BPCL fuel stations (reward rate = 6.25%), 10 RPs for every Rs. 100 spends on groceries, departmental stores, and movie ticket purchases (reward rate = 2.5%), and 1 reward point for every Rs. 100 spent for all other expenditures (reward rate = 0.25%) except mobile wallet uploads and fuel purchases at non-BPCL stations.
Reward Redemption
Redeem reward points for gift vouchers on sbicard.com or on SBI mobile app, for transactions at BPCL petrol stations, and against card’s statement balance. 4 reward points = Re. 1.
Zero Liability Protection
No liability to the cardholder if the loss of the card is reported to the bank within stipulated time.
Movie & Dining
10x reward points for every Rs. 100 you spend on dining and movie tickets.
Travel
Complimentary domestic airport lounge visits
Fuel
NA
Domestic Lounge Access
4 complimentary access to domestic lounges every year (1 per quarter).
International Lounge Access
NA
Insurance Benefits
NA
Fees & Charges
Joining Fees
₹ 1,499 + GST
Annual Fees
₹ 1,499 + GST
Spend Based Waiver
Next year’s renewal fee waived on annual expenditure of Rs. 2 lakh.
Rewards Redemption Fee
Rs. 99 (plus applicable taxes) per redemption request.
Foreign Currency Markup
3.5% of the transaction amount
Interest Rates
3.5% per month (42% per annum)
Fuel Surcharge
1% fuel surcharge waiver on transactions up to Rs. 4,000 (max waiver of Rs. 100 in a month)
Cash Advance Charges
2.5% of the withdrawn amount (subject to a minimum charge of Rs. 500)
Add-on Card Fee
NA
Product Details
- Get 6,000 Bonus RPs on the realization of the annual membership fee as a welcome benefit.
- 25 reward points on spending Rs. 100 for fuel purchases at BPCL refill stations (maximum 2,500 reward points per month).
- 10 reward points per Rs. 100 spent on groceries, departmental stores and movie ticket purchases (maximum 7,500 reward points per month).
- 1 reward point per Rs. 100 you spend on other retail purchases, except mobile wallet uploads and expenditures on non-BPCL fuel stations.
- 1% fuel surcharge waived on all petrol transactions up to Rs. 4,000.
- 4 complimentary access to domestic lounges annualy (1 per quarter).
- Gift Vouchers worth Rs 2,000 from Aditya Birla Fashion or Yatra or Urban Ladder or Hush Puppies or Bata on annual expenditure of Rs. 3,00,000 or above.
- Renewal fee waived off if Rs. 2,00,000 were spent in the last year.
- Complimentary Fraud Liability cover of Rs. 1 Lakh
Pros or Cons
Pros
- Welcome benefit of 6,000 Reward Points worth Rs 1500
- Enjoy 10 Reward Points on spend of Rs. 100 at dining, movies and departmental stores.
Cons
- There is a reward redemption fee of Rs. 99.
- No insurance benefits are included with this account.
Cashback
- Product Details
Charges
- Product Details
Advantage
- Product Details
Drawbacks
- Product Details
How to Apply
- Product Details
Eligibility Criteria
- Age of 18 and 70 years.
- Resident of India or a Non-Resident Indian
Document Required
- Color photograph
- Identity Proof (Aadhaar Card / Driving License / Passport)
- PAN Card
- Residence Proof (Ration Card / Electricity Bill / Telephone Bill / Passport)
- Proof of income (latest Pay Slip / Form 16 / IT return Copy)
Card Limit
- Product Details
Application Status
- Product Details
Card Login
- Product Details
Card Pin Generation
- Product Details
Card Review
- Product Details
FAQ
- Product Details