BPCL SBI Card OCTANE
SBI Card · Points/miles card · ₹1,499 annual fee
Fees & benefits
| Annual fee | ₹1,499 + GST — waived at ₹2,00,000/yr spend |
| Welcome benefit | ~₹1,500 value |
| Airport lounges | 4 domestic · 0 international / year |
| No rewards on | rent, wallet, government, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| 25X on BPCL fuel (6.25%) | 6.25% | ₹625 | fuel |
| 10X dining/movies/grocery | 2.5% | ₹1,875 | dining, entertainment, grocery |
| 1 RP per ₹100 base | 0.25% | Uncapped | all eligible spend |
Milestones
Annual milestone e-voucher (proxy): ₹2,000 at ₹3,00,000/yr spend
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
25X reward points (6.25% at ₹0.25/RP) on BPCL fuel, capped at 2,500 RP per statement cycle.
10X reward points on dining, movies, groceries and departmental stores.
Fuel surcharge waiver of 1% up to ₹100 per statement month on BPCL fuel transactions of ₹500–₹4,000.
Annual milestone: e-voucher worth ₹2,000 on ₹3 lakh annual spend; welcome 6,000 RP (₹1,500) on joining-fee payment.
Verified 2026-07-13 against official issuer sources (agent verification pass; manual human review unavailable).
Quick answers
Is the BPCL SBI Card OCTANE lifetime free?
No, the annual fee is ₹1,499 (plus GST), waived on spending ₹2,00,000 a year.
What is the highest reward rate on the BPCL SBI Card OCTANE?
6.25% — 25X on BPCL fuel (6.25%). Effective value depends on monthly caps; see the caveats on this page.
Does the BPCL SBI Card OCTANE give airport lounge access?
Yes — 4 domestic visits/year.
Where the BPCL SBI Card OCTANE fits
Ranks in our: Credit cards for fuel spend (#1), Credit cards for grocery spend (#4).
Compare it: BPCL SBI Card OCTANE vs IndianOil Axis Bank Credit Card · BPCL SBI Card OCTANE vs IndianOil HDFC Bank Credit Card.
Best cards by spend: ₹15,000/month · ₹30,000/month · ₹60,000/month. Check if this card's fee is worth it.