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IDFC FIRST Diamond Reserve vs SBI BPCL Octane Credit Card Compared

Which credit card suits you? Side by side on the numbers that decide it. A blank means the provider has not published that figure, not that it is zero. Data last verified: 11 October 2026.

IDFC FIRST Diamond Reserve Credit Card versus SBI BPCL Octane Credit Card compared
FeatureIDFC FIRST Diamond Reserve Credit CardIDFC FIRST Diamond Reserve Credit CardIDFC First Bank3 recent changes →
SBI BPCL Octane Credit CardSBI BPCL Octane Credit CardState Bank of India3 recent changes →
Rewards by spend
Rewards0.5% on most spends0.25% base, up to 2.5% on dining; 6.25% only at partner merchants
UPI payments (scan and pay)sameEarns nothingEarns nothing
Online shopping0.5%0.25%
Dining and food delivery0.5%2.5%
Groceries0.5%2.5%
Travel: flights, hotels, trains0.5%0.25%
FuelEarns nothing0.25%; 6.25% only at Bharat Petroleum
Bills and recharges0.5%0.25%
Rent0.5%Earns nothing
Insurance premiums0.5%0.25%
School and college fees0.5%0.25%
Wallet top-ups0.5%Earns nothing
Taxes and government paymentssameNot statedNot stated
Spend abroad or in a foreign currencyEarns nothing0.25%
Everything else0.5%0.25%
Card identity
Card typeRewardsFuel
NetworksameVisaVisa
Card tierPremiumMid
Fees
Joining fee₹3,000 + GST₹1,499 + GST
Annual fee₹3,000 + GST₹1,499 + GST
Fee waived at₹6,00,000₹2,00,000
Eligibility
Employment typesameBOTHBOTH
Rewards
Reward typesameReward pointsReward points
Point valuesame₹0₹0
Fuel surcharge
Fuel surcharge waiversameYesYes
Fuel waiver cap-₹100
Lounge access
Domestic lounge visits84
International lounge visits80
Lounge conditionSpend Rs 20,000 in the previous month for lounge access4 complimentary domestic airport lounge visits a year (1 per quarter)
Forex and international
Forex markupNone3.5%
Redemption
Redemption fee₹99-
Page content
Documents neededsamePAN card Aadhaar / address proof Income proof (salary slips or ITR)PAN card Aadhaar / address proof Income proof (salary slips or ITR)
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Worth in Rupees at ₹20,000 a Month

IDFC FIRST Diamond Reserve Credit Card
Rewards a year
₹1,200
Fee a year
- ₹3,540
You keep
- ₹2,340
SBI BPCL Octane Credit Card
Rewards a year
₹1,956
Fee a year
₹0
You keep
₹1,956

At this spend, SBI BPCL Octane Credit Card comes out ₹4,296 a year ahead of IDFC FIRST Diamond Reserve Credit Card. Worked out from each card's published reward rate, caps and fee, on ₹20,000 a month. Your own spend changes the answer: try the rewards calculator.

Best For

IDFC FIRST Diamond Reserve Credit Card
  • Spending ₹50,000 or more a month: the ₹3,540 fee is waived
  • Flyers: 16 airport lounge visits a year
  • Spending abroad: 0% markup, most cards add 3.5%
SBI BPCL Octane Credit Card
  • Heavy drivers who fuel at BPCL
  • Families with regular dining and grocery bills
  • People wanting lounges on a mid-fee card

Watch-Outs

IDFC FIRST Diamond Reserve Credit Card
  • Skip it if you spend less than ₹50,000 a month (₹6,00,000 a year, rent and wallet loads not counted): the ₹3,540 fee is then charged
  • Skip it if most of your spending is fuel or foreign spends: those earn nothing on this card
  • Skip it if you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
  • Skip it if you spend a lot on government payments: the card's terms do not state a rate there, so we count nothing
SBI BPCL Octane Credit Card
  • Only about 0.25% on other spends
  • Monthly caps on the 25X and 10X rates
  • Fuel rewards only at BPCL pumps

Card data sourced via CardAdvisor.in (IDFC FIRST Diamond Reserve Credit Card, SBI BPCL Octane Credit Card), India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.

Questions People Ask

Which has the lower annual fee, IDFC FIRST Diamond Reserve Credit Card or SBI BPCL Octane Credit Card?

SBI BPCL Octane Credit Card. SBI BPCL Octane Credit Card: ₹1,499; IDFC FIRST Diamond Reserve Credit Card: ₹3,000. Check whether a spend-based waiver applies before you decide.

Which is better for spending abroad?

IDFC FIRST Diamond Reserve Credit Card has the lowest forex markup. IDFC FIRST Diamond Reserve Credit Card: 0%; SBI BPCL Octane Credit Card: 3.5%. The markup is charged on every foreign-currency transaction, before GST.

Which earns more on everyday spending?

On spends outside any bonus category: IDFC FIRST Diamond Reserve Credit Card 0.5%, SBI BPCL Octane Credit Card 0.25%. Bonus categories, rates limited to named merchants and monthly caps change the picture, so compare the rewards by spend too.

Which gives airport lounge access?

IDFC FIRST Diamond Reserve Credit Card: 8 domestic lounge visits a year; SBI BPCL Octane Credit Card: 4 domestic lounge visits a year. Some cards need a minimum spend in the quarter before a visit counts, so check the lounge terms.

Can I hold more than one of these cards?

Usually yes, if each bank approves you. Many people keep one card for everyday spending and another for a specific use such as travel. Each application is a separate credit check.

Work Out the Numbers

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