IndianOil HDFC Bank Credit Card vs BPCL SBI Card OCTANE
✓ Independent — ₹0 issuer commissionno affiliate links, no Apply-Now buttons; terms verified against official sources 2026-07-16.How we calculate →
Short answer: at ₹30,000/month typical spend, BPCL SBI Card OCTANE earns about ₹4,286 more a year. Details below — verified from official terms.
Net annual value by spend level
| Total monthly spend | IndianOil HDFC Bank Credit Card | BPCL SBI Card OCTANE | Winner |
|---|---|---|---|
| ₹15,000 | ₹3,732 | ₹3,526 | IndianOil HDFC Bank Credit Card +₹206 |
| ₹30,000 | ₹5,064 | ₹9,350 | BPCL SBI Card OCTANE +₹4,286 |
| ₹60,000 | ₹6,528 | ₹15,200 | BPCL SBI Card OCTANE +₹8,672 |
Head to head
| IndianOil HDFC Bank Credit Card | BPCL SBI Card OCTANE | |
|---|---|---|
| Annual fee | ₹500 + GST | ₹1,499 + GST |
| Fee waiver | At ₹50,000/yr | At ₹2,00,000/yr |
| Best rate | 5% — 5% Fuel Points at IndianOil | 6.25% — 25X on BPCL fuel (6.25%) |
| Lounges (dom/intl per yr) | 0 / 0 | 4 / 0 |
| Welcome value | — | ₹1,500 |
| No rewards on | rent, wallet, government, emi | rent, wallet, government, emi |
Quick answers
IndianOil HDFC Bank Credit Card or BPCL SBI Card OCTANE — which is better at ₹30,000/month spend?
BPCL SBI Card OCTANE comes out ahead by about ₹4,286 a year on a typical spend mix at that level, after caps and fees. The gap changes with your mix — run the wizard for your numbers.
Do these numbers include annual fees and caps?
Yes. Every figure is net annual value: rewards after monthly caps, minus fees after spend-based waivers, plus welcome and milestone value.
Both cards verified 2026-07-16 · rank them at your exact spend · methodology