BPCL SBI Card Octane
SBI · VISA★ 4.4/ 5
✓ Details last verified 1 Jan 2026
↻ Hover or tap to flip
Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹1,499 in vouchers, points or cashback on card activation
7.25% on Fuel
7.25% value (25 RP/₹100 + surcharge waiver) on BPCL fuel
1% on Other
1% base value on other spends
Annual Fee Waiver
Fee of ₹1,499/yr fully waived when you spend ₹2,00,000/year
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹100/month
⛽ FUEL BENEFITS
Co-branded card — maximum savings at BPCL stations.
Up to 7%
Fuel reward rate
1%
Surcharge waiver
₹100
Waiver cap/month
PARTNER FUEL STATIONS
- Co-branded card — maximum rewards at BPCL fuel stations
- Up to 7% effective return on fuel purchases
- 1% fuel surcharge waiver at all fuel stations
BPCL SBI Octane earns 7.25% effective value on BPCL fuel — the highest fuel reward rate of any mainstream Indian card. Ravi refuels ₹5,000/month at BPCL: that's ₹4,350/year in reward points redeemable for fuel. The 1% surcharge waiver adds ₹600/year. Net: ₹4,950 back on a ₹1,499 fee card — break-even in under 4 months.
Who is this for?
For BPCL pump loyalists who spend ₹3,000+ per month on petrol or diesel. The 7.25% effective return on BPCL fuel is unmatched — 25 reward points per ₹100 plus the surcharge waiver. Also earns well on dining and movies for the non-fuel spend.
At a glance
Full reward structure
What you earn on every rupee, per spend category. Rates assume 1 pt = ₹0.25. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Fuel | reward points | 7.25% | ₹2,500 |
| Other | reward points | 1% | — |
Fuel: 7.25% value (25 RP/₹100 + surcharge waiver) on BPCL fuel · Bharat Petroleum (BPCL)
Other: 1% base value on other spends
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying.
Should you get it?
- Best for: Daily BPCL pump user spending ₹3,000+/month on fuel, Long-distance driver on BPCL-dense highway routes, Mumbai or Pune commuter where BPCL Speed outlets are prevalent, Wants a dedicated fuel card with strong dining and entertainment earn on the side
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on Fuel (7.25% back).
Pros
- 7.25% effective value on BPCL fuel — 25 reward points per ₹100 worth ₹0.25 each + 1% surcharge waiver
- A ₹5,000/month BPCL fuel spend returns ₹4,350/year — breaking even vs the ₹1,499 fee in 5 months
- Strong dining and movies rewards beyond fuel — a card you will carry for everyday use, not just at pumps
- BPCL is India's second-largest fuel retail network — widely available across cities and highways
Cons
- Full value only at BPCL pumps — HPCL or IOCL users should choose the corresponding co-branded card
- Reward points redeemable via SBI Card portal — not direct fuel credits, need portal redemption
- ₹1,499 annual fee with no waiver option
Eligibility & documents
What your sbi reward points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Capped at 60,000 pts/month from Apr 2026
Vouchers & merchandise
The concern
The ₹1,499 fee has no waiver and the headline rate is BPCL-exclusive — IOCL/HPCL loyalists should look at their own co-brands.
Bottomline
CardAdvisor Rating: 4.4 / 5Octane is the fuel card by which others are measured: the BPCL return is unmatched and the dining/movie secondary earn makes it usable beyond the pump. Any ₹4,000+/month BPCL household recovers the fee in a quarter.
SOURCES & VERIFICATION
Fees, reward rates, and benefits for the BPCL SBI Card Octane are taken from SBI's official Most Important Terms & Conditions (MITC) and fee schedule — see the issuer's official page. Last verified 1 Jan 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Similar & related cards
Other cards worth comparing before you apply.
Air India SBI Platinum Credit Card
Same tier with similar rewards
SBI Card PULSE
Same tier with similar rewards
SBI Card MILES
Same tier with similar rewards
IndusInd Bank Platinum Credit Card
Comparable INDUSIND option
6E Rewards IndiGo HDFC Bank Credit Card
Comparable HDFC option
IRCTC SBI Card Premier
Same tier with similar rewards
Read more
Guides and reviews related to this card.
Want to know if this beats your current card for your spending?