Corroborated8 field(s) match across 3+ reference sources (auto). Not human-verified. Confirm with the bank before high-stakes decisions.
40
#42 of 173 in credit
SBI Card

BPCL SBI Card OCTANE

creditVisaSignature

25X rewards on BPCL fuel; 10X on dining, movies, groceries

Score breakdown

Data completeness: 85% · Last verified: 06 Jul 2026

Reward value26/100 · weight 65%
1.26% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +1.7% score bonus — earns broadly without narrow category restrictions.
Fee efficiency87/100 · weight 11%
Redemption flexibility88/100 · weight 8%
Perks19/100 · weight 8%
Devaluation risk70/100 · weight 8%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
1,499 + 18% GST
= ₹1,769 total
Annual fee
1,499 + 18% GST
= ₹1,769 / year total
Waiver: Spend ₹2,00,000 in the anniversary year
Forex markup
3.5%

Lounge access

Domestic (per year)
4
International (per year)
0

Confirmed devaluation alerts

No confirmed devaluations tracked for this card. That doesn't mean none exist — see the neutral 70/100 devaluation-risk sub-score above.

Reward structure

CategoryTypeRateCapNotes
groceriespoints2.50%(10 pts @ ₹0.25)1.5% groceries (estimated)
travelpoints2.00%(8 pts @ ₹0.25)2% travel (estimated)
online_spendspoints2.00%(8 pts @ ₹0.25)2% online (estimated)
fuelpoints1.56%(6.25 pts @ ₹0.25)₹2,500 / monthly25X on BPCL fuel
utilitiespoints1.00%(4 pts @ ₹0.25)1% utilities (estimated)
diningpoints0.63%(2.5 pts @ ₹0.25)10X on dining/movies/groceries
all_spendspoints0.50%(2 pts @ ₹0.25)Base earn rate
all_spendspoints0.25%(1 pts @ ₹0.25)1 pt / Rs 100
all_spendspoints0.06%(0.25 pts @ ₹0.25)

Point value by redemption mode

1 reward point is worth different amounts depending on how you redeem — the headline reward % only holds at the best tier.

general (shop n smile / bpcl)1 RP = ₹0.25
general (4 reward points = ₹1)1 RP = ₹0.25
instant fuel redemption at bpcl1 RP = ₹0.25
e-vouchers via sbi card portal1 RP = ₹0.25
reward catalogue products1 RP = ₹0.25
cashback1 RP = ₹0.25
fuel purchases1 RP = ₹0.25

Welcome offer

6,000 bonus reward points worth Rs. 1,500 on payment of Annual Fee

Milestone benefits

  • Spend ₹3,00,000 / yearly: e-Gift Vouchers worth Rs. 2,000 from Aditya Birla fashion or Yatra or Hush Puppies

Pros

  • High value back on fuel (7.25% including surcharge waiver)
  • Accelerated rewards on groceries, dining, and movies

Cons

  • A reward redemption fee of ₹99 + taxes applies to most requests
  • No international lounge access
  • Reward points for fuel and other categories are capped monthly

Insurance cover

credit liability
1,00,000

Small print

Redemption fee
99 / redemption
Fuel surcharge:1% fuel surcharge waiver at BPCL pumps for transactions up to Rs. 4,000. Max Rs. 100 waiver per monthly cycle.