Key features
- 25 Reward Points per ₹100 (7.25% value back) on BPCL fuel, capped at 2,500 points per billing cycle
- 10 Reward Points per ₹100 on dining, departmental stores, groceries and movies
- 6,000 welcome Reward Points worth ₹1,500 on annual fee payment
- 4 complimentary domestic airport lounge visits per year
- ₹2,000 milestone voucher on annual spend of ₹3 lakh
- Renewal fee reversed on annual spend of ₹2 lakh
Rewards
| Category | Rate | Detail |
|---|---|---|
| BPCL fuel | 25× | 25 Reward Points per ₹100 on BPCL fuel, lubricants and Bharat Gas (7.25% value back, including the 1% fuel surcharge waiver). Capped at 2,500 Reward Points per billing cycle. |
| Dining, departmental stores, groceries and movies | 10× | 10 Reward Points per ₹100 (2.5% value back), capped at 7,500 Reward Points per month. |
| Default earn rate | 1× | All other eligible retail spends |
| Welcome bonus: 6,000 bonus Reward Points worth ₹1,500 on payment of the annual fee, credited within 30 days. | ||
Fees
| Joining fee | ₹1,499 |
| Annual feeRenewal fee reversed on annual spend of ₹2 lakh or more | ₹1,499 |
Lounge access
Eligibility
Frequently asked questions
How much can you actually earn on fuel with the BPCL SBI Card Octane?
The card earns 25 Reward Points per ₹100 on BPCL fuel, worth ₹0.25 each, which is a 6.25% return in points. Adding the 1% fuel surcharge waiver brings the total to 7.25% value back. The fuel category is capped at 2,500 Reward Points per billing cycle, equal to ₹10,000 of fuel spend. At that level you collect ₹625 in points plus up to ₹100 of surcharge waiver each cycle; fuel spends beyond ₹10,000 in a cycle earn only the base 1 Reward Point per ₹100.
Is the ₹1,499 annual fee on the BPCL SBI Card Octane worth it?
For regular BPCL customers, yes. The 6,000 welcome Reward Points are worth ₹1,500 and cover the joining fee in year one. The renewal fee is reversed if you spend ₹2 lakh in a membership year, and a ₹2,000 milestone voucher arrives at ₹3 lakh of annual spend. Drivers who refuel for under ₹4,000 a month, or who use other fuel brands, will not earn enough to justify the fee and should consider a no-fee fuel card.
Does the BPCL SBI Card Octane offer airport lounge access?
Yes. The card includes 4 complimentary domestic airport lounge visits per calendar year on the Visa variant, capped at 1 visit per quarter. It does not include any complimentary international lounge visits. The lounge benefit is a useful extra on a fuel-focused card, though the quarterly limit means unused visits do not roll over.
Ready to apply for the BPCL SBI Card Octane?
PickMyCard earns a commission when you apply through this link. How we evaluate cards