BPCL SBI Card OCTANE review: fees, rewards and eligibility
The BPCL SBI Card OCTANE has a recorded annual fee of ₹1,499 plus GST and a base earn of 1% in Reward Points. CardMasters checked its issuer terms on 2026-08-01. Affiliate commission never changes ranking; confirm final terms and approval with SBI Card.
BPCL SBI Card OCTANE: short answer
The BPCL SBI Card OCTANE is in the mid tier of SBI Card credit cards, with a joining fee of ₹1,499, an annual fee of ₹1,499 plus GST (waived on ₹2,00,000 of eligible annual spend), a base earn of 1% in Reward Points and a 3.5% forex markup. Rewards are not earned on fuel, wallet load, non BPCL fuel. It suits fuel, daily commuter spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-01. Confirm final terms with the issuer.
Reward structure
1% base rewards in Reward Points.
- 25 Reward Points per ₹100 at eligible BPCL fuel and lubricant outlets on BPCL fuel/Bharatgas/lubricants (2,500 points monthly cap) — BPCL fuel and lubricant earn is capped at 2,500 Reward Points per statement cycle. Merchant recognition is required, so CardMasters does not infer this rate from generic fuel spend.
- 25 Reward Points per ₹100 on eligible Bharatgas website/app payments on Bharatgas website/app (500 points monthly cap) — Bharatgas earn has a separate 500 Reward Point billing-cycle cap and is not inferred from generic utility spend.
- 10 Reward Points per ₹100 on eligible dining, departmental-store, grocery and movie spend on grocery/departmental/dining/movies (7,500 points monthly cap) — The four accelerated categories share a 7,500 Reward Point monthly cap. CardMasters models only dining and grocery because its current profile does not identify departmental-store or movie spend.
Eligibility and important limits
The issuer does not publish a card-specific approval cutoff in the current source. Approval remains solely at the issuer’s discretion.
Does not earn: fuel, wallet load, non BPCL fuel.
Important limit: BPCL fuel rewards require eligible BPCL merchant recognition; generic fuel spend is conservatively excluded from modeled value.
Frequently asked questions
What is the annual fee for the BPCL SBI Card OCTANE?
The published annual fee in our current record is ₹1,499 plus applicable GST. It can be waived after ₹2,00,000 of eligible annual spend, subject to issuer terms.
How do rewards work on the BPCL SBI Card OCTANE?
1% base rewards in Reward Points. Accelerated routes include 25 Reward Points per ₹100 at eligible BPCL fuel and lubricant outlets on BPCL fuel/Bharatgas/lubricants (2,500 points monthly cap); 25 Reward Points per ₹100 on eligible Bharatgas website/app payments on Bharatgas website/app (500 points monthly cap); 10 Reward Points per ₹100 on eligible dining, departmental-store, grocery and movie spend on grocery/departmental/dining/movies (7,500 points monthly cap). Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the BPCL SBI Card OCTANE?
The current issuer-sourced exclusions recorded by CardMasters include fuel, wallet load, non BPCL fuel. Merchant category coding and issuer terms determine final eligibility.
Who should consider the BPCL SBI Card OCTANE?
It is most relevant for people focused on fuel, daily commuter. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the BPCL SBI Card OCTANE worth it?
It is worth holding only when the rewards and benefits you will genuinely use exceed ₹1,499 plus GST each year. The fee is waived at ₹2,00,000 of eligible annual spend, so check whether you reach that without forcing spend. Value the rewards at a realistic redemption rate, not the issuer's best-case example.
What is the eligibility for the BPCL SBI Card OCTANE?
SBI Card does not publish a card-specific income or credit-score cutoff in the current source. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the BPCL SBI Card OCTANE?
The recorded foreign-currency markup is 3.5% before GST. On ₹1,00,000 of international spend that is about ₹3,500 in markup, so compare it against any rewards earned on overseas transactions.
Does the BPCL SBI Card OCTANE offer airport lounge access?
Domestic lounge access: 4/yr (1 per quarter, restricted Jan 2026). International lounge access: none. Spend conditions and guest charges are set by the issuer and can change.