State Bank of India

SBI BPCL Octane Credit Card

Data last verified: 11 October 2026

FuelVISA

Joining fee₹1,499 + GST
Annual fee₹1,499 + GST
Reward rate0.25% base, up to 2.5% on dining; 6.25% only at partner merchants

Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.

Joining fee₹1,499 + GST
Annual fee₹1,499 + GST
Fee waiverOn ₹2 lakh spend a year
Forex markup3.5%
Fuel surcharge waiver1%
Fuel waiver cap₹100 a month

Octane earns 25X reward points at BPCL fuel stations, worth about 6.25% back, and 10X on dining, groceries, department stores and movies, about 2.5%. Other spends earn only about 0.25%. Both accelerated rates have monthly caps. You also get 4 domestic lounge visits a year, one per quarter, and the card works on UPI.

It costs ₹1,499 a year plus GST and the fee is waived once you spend ₹2 lakh in the year. Spend Rs 3 lakh and you also get a Rs 2,000 voucher from brands like Bata, Yatra or Hush Puppies.

It suits people who drive a lot and fill up at BPCL. The catch is the low base rate: if your fuel and dining spend is small, a plain cashback card will serve you better.

Best for: Heavy drivers who fuel at BPCL, Families with regular dining and grocery bills, People wanting lounges on a mid-fee card.

01SBI BPCL Octane Credit Card Rewards and Benefits

Rewards rate: 0.25% base, up to 2.5% on dining; 6.25% only at partner merchants
Fee waived on: ₹2 lakh spend a year
Reward redemption: Not published
Dining: 2.5% back
Travel: 0.25% back (the normal rate)
Golf: Not included
Domestic lounge: 4 visits a year
International lounge: Not included
Insurance benefits: Not included

02SBI BPCL Octane Credit Card Annual Fee and Charges

Joining fee: ₹1,499 + GST
Annual fee: ₹1,499 + GST
Spend-based waiver: Annual fee waived on ₹2 lakh spend in a year (rent and wallet loads not counted)
Rewards redemption fee: Nil
Forex markup: 3.5%
Interest rate: Not published
Fuel surcharge waiver: Yes, up to ₹100 a month
Card replacement: Not published

03What It's Worth, in Rupees

If you spend ₹20,000 a month on this card:

₹5,000 on dining and food delivery, earning 2.5%₹125
₹15,000 on everything else, earning 0.25%₹38
Back each month, ₹1,956 a year₹163
Annual fee with 18% GST (waived at this spend)₹0
In your pocket each year₹1,956

Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.

Good for

Fuel only at Bharat Petroleum: 6.25% back, up to ₹625 a month
Dining: 2.5% back, up to ₹1,875 a month
Spending ₹16,667 or more a month: the ₹1,769 fee is waived
Flyers: 4 airport lounge visits a year

Skip it if…

you spend less than ₹16,667 a month (₹2,00,000 a year, rent and wallet loads not counted): the ₹1,769 fee is then charged
most of your spending is rent or wallet top-ups: those earn nothing on this card
you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
you spend a lot on government payments: the card's terms do not state a rate there, so we count nothing
you rarely spend on Bharat Petroleum: the 6.25% rate applies only there, everything else earns 0.25%
you often pay in foreign currency: 3.5% is added to every foreign spend

04Product Details

₹1,499 joining and annual fee, waived at ₹2 lakh yearly spend
25X reward points on BPCL fuel, about 6.25% back
10X on dining, groceries, department stores and movies
4 domestic lounge visits a year, 1 per quarter
₹2,000 voucher on ₹3 lakh yearly spend
UPI enabled
3.5% forex markup

05Pros and Cons

Pros

One of the highest fuel reward rates
Good 2.5% on everyday categories
Lounge visits included

Cons

Only about 0.25% on other spends
Monthly caps on the 25X and 10X rates
Fuel rewards only at BPCL pumps

06How SBI BPCL Octane Credit Card earns Rewards

0.25% base, up to 2.5% on dining; 6.25% only at partner merchants.

Earns nothing onWallet loadsRentCash withdrawalsEMI

Spend category	Rate	Monthly cap	Where it applies
UPI payments (scan and pay)	Earns nothing	-	a Visa or Mastercard card cannot pay by UPI
Online shopping	0.25%	No cap	The card's normal rate
Dining and food delivery	2.5%	₹1,875	All merchants in the categoryTerms: 10X (~2.5%) on dining and movies, capped at 7,500 points a month CUMULATIVELY across dining, movies, groceries and departmental stores, then 1 point per ₹100. We apply the cap per row, so a spender who maxes two categories is credited a little high
Groceries	2.5%	₹1,875, shared with other bonus rates	All merchants in the categoryTerms: 10X (~2.5% at ₹0.25/point) on groceries, departmental stores, movies and dining, sharing the 7,500-point monthly cap with the dining row. Metro Cash & Carry, Reliance Market and Walmart are named by SBI as ineligible
Travel: flights, hotels, trains	0.25%	No cap	The card's normal rate
Fuel	0.25%	No cap	Anywhere else in the category
Fuel, only at listed merchants	6.25%	₹625	Only at: Bharat Petroleum (BPCL)Terms: 25 RP per ₹100 (~6.25% at ₹0.25/point) + 1% surcharge waiver = up to 7.25%; fuel reward capped at 2,500 points a statement cycle. Reward earning stops at ₹10,000 of BPCL fuel a month, and the surcharge waiver does not apply to fuel paid by UPI on the RuPay variant
Bills and recharges	0.25%	No cap	The card's normal rate
Rent	Earns nothing	-	earns nothing on this card
Insurance premiums	0.25%	No cap	The card's normal rate
School and college fees	0.25%	No cap	The card's normal rate
Wallet top-ups	Earns nothing	-	earns nothing on this card
Taxes and government payments	Not stated	-	the card's terms state no rate here; many cards pay nothing on these
Spend abroad or in a foreign currency	0.25%	No cap	The card's normal rate
Everything else	0.25%	No cap	The card's normal rate

Listed underFuel cards Rewards cards Dining cards Grocery cards

CardAdvisor tagsFuelDiningGroceryReward points

Terms on the base rate. 1 RP per ₹100 (~0.25%) non-fuel base; points valid 24 months

Point value. 1 point is worth about ₹0.25 at the bank's stated value.

07SBI BPCL Octane Credit Card Lounge Access and Travel

Domestic lounge access is 4 visits a year. 4 complimentary domestic airport lounge visits a year (1 per quarter). Spending abroad carries a 3.5% forex markup; rewards on it: 0.25% back (the normal rate). See what it costs on your trip

Also on the card. fuel surcharge waiver, airport lounge access, milestone bonuses.

Fuel surcharge waiver: 1% fuel surcharge waiver on BPCL transactions up to ₹4,000, capped at ₹100 per statement cycle (about ₹1,200 a year). Not available on fuel paid by UPI on the RuPay variant
Milestone bonuses: ₹2,000 e-gift voucher on ₹3 lakh of annual spend. The 6,000-point welcome is paid on the joining fee, not on spend, and is carried in the fee block

08SBI BPCL Octane Credit Card Eligibility and Documents

Employment: Salaried or self-employed

Documents. PAN card Aadhaar / address proof Income proof (salary slips or ITR)

09Recent Changes

What State Bank of India changed on this card recently. The facts on this page already reflect them.

Date	Change	Before	Now
1 Dec 2024	Reduced: 1% fee introduced on large utility-bill paymentsSource: State Bank of India	No fee on utility payments	1% fee when utility payments exceed ₹50,000 in a billing cycle
15 Apr 2024	Reduced: Reward points on rent payments withdrawnSource: State Bank of India	Reward points earned on rent payments	No reward points on rent payments
15 Dec 2020	Changed: BPCL SBI Card OCTANE launchedSource: State Bank of India	-	-

See this card's change history → · All card changes in December 2024 →

10Cards Similar to SBI BPCL Octane Credit Card

SBI BPCL Octane Credit Card is a fuel card. The two below are the closest on SkyloFin; open any of them, or put them side by side.

Feature	SBI BPCL Octane Credit Card	SBI BPCL Credit Card	HPCL ENERGIE BOBCARD Credit Card
Joining fee	₹1,499 + GST	₹499 + GST	₹499 + GST
Annual fee	₹1,499 + GST	₹499 + GST	₹499 + GST
Rewards	0.25% base, up to 2.5% on dining; 6.25% only at partner merchants	0.25% base, up to 1.25% on dining; 3.25% only at partner merchants	0.33% base, up to 1.67% on utility bills; 4% only at partner merchants
Domestic lounge	4 visits a year	Not included	4 visits a year
Forex markup	3.5%	3.5%	3.5%
Type	Fuel	Fuel	Fuel

Compare with SBI BPCL Credit Card Compare with HPCL ENERGIE BOBCARD Credit Card

11Explore More

All State Bank of India productsEvery card, loan and account from State Bank of India on SkyloFin Fuel credit cardsEvery fuel card, compared All credit cardsFilter by issuer, category and fee Rewards calculatorWhat this card would earn on your spending Interest calculatorWhat carrying a balance really costs Track this card in SkyloFin - Expense TrackerStatements and due dates from your bank SMS, on your phone

Card facts last verified 11 October 2026.

Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.

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Common Questions

Is the ₹1,499 fee waived?

Yes, once you spend ₹2 lakh in a year. Below that the fee plus GST is charged.

How much do I earn on fuel?

25X reward points at BPCL fuel stations, worth about 6.25% back, up to a monthly cap.

Does it give lounge access?

Yes, 4 domestic airport lounge visits a year, one per quarter.

Can I use it on UPI?

Yes, the card can be linked to UPI.

What is the joining fee for the SBI BPCL Octane Credit Card?

The joining fee is ₹1,499 + GST. Check the bank's page before you apply, because fees change and promotional waivers come and go.

What is the annual fee for the SBI BPCL Octane Credit Card?

The annual fee is ₹1,499 + GST.

Does the SBI BPCL Octane Credit Card give airport lounge access?

Yes. Domestic lounge access is 4 visits a year. Check the bank's page for the current rules, because lounge programmes change.

Does applying through SkyloFin cost more?

No. You pay the same fees you would pay applying directly with State Bank of India. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.

SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.

SBI BPCL Octane Credit CardJoining fee: ₹1,499 + GST

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