Credit Cards · Honest Review

BPCL SBI Card Octane

State Bank of India · Visa

₹1,499Annual fee
1.00%Base rate
4Lounge visits/yr
3.5%Forex markup
25KMin income/mo

Your Verdict

BPCL SBI Card Octane
State Bank of India · Visa
  • 6.25% value back at BPCL fuel pumps, lubricants and Bharat Gas, capped 2,500 points/month
  • 1% fuel surcharge waiver up to 100/month
  • Bonus rewards on groceries, dining, movies and department stores
  • 2,000 e-voucher on 3 lakh annual spend milestone
  • 4 complimentary domestic lounge visits per year
₹1,499/yrAnnual fee
₹1,499
Annual fee
1.00%
Base reward rate
4/yr
Lounge access
730+
CIBIL score
BPCL SBI Card Octane is the go-to choice for drivers who regularly fuel at BPCL stations, delivering one of the highest fuel reward rates in the market alongside solid bonus categories for groceries and dining. The value proposition narrows considerably for those who don't fuel specifically at BPCL outlets.

What BPCL SBI Card Octane costs you

BPCL SBI Card Octane carries a ₹1,499 annual fee and a ₹1,499 one-time joining fee. The annual fee is waivable: Spend 2 lakh in a year.

FeeAmount
Annual fee (year 2+)₹1,499
Joining fee (one-time)₹1,499
Fee waiver conditionSpend 2 lakh in a year
Spend required for waiver2,00,000 / year
Foreign transaction fee (forex markup)3.5% per transaction

What you earn on every rupee spent

BPCL SBI Card Octane earns 1.00% on all eligible spends as a base reward rate, with accelerated rates on fuel, dining & food, groceries and other bonus categories listed below. Each reward point is worth ₹0.25 when redeemed, giving a clear rupee value for your earnings.

CategoryReward rate
All other spends (base rate)1.00%
Fuel6.25% (cap ₹2,500/mo)
🍽️ Dining & Food2.5% (cap ₹7,500/mo)
🛒 Groceries2.5% (cap ₹7,500/mo)
🎬 Entertainment & OTT2.5% (cap ₹7,500/mo)
6.25%
Fuel
Cap ₹2,500/mo
2.5%
Dining & Food
Cap ₹7,500/mo
2.5%
Groceries
Cap ₹7,500/mo
2.5%
Entertainment & OTT
Cap ₹7,500/mo
Welcome bonus

6,000 bonus reward points (worth 1,500) on payment of joining fee

Reward types: Points · Discounts · Lounge

Beyond the reward rate

The non-reward benefits on BPCL SBI Card Octane are meaningful for frequent users. Here is what you get with the card.

🛫
Airport lounge access
Domestic lounges — 4 visits/year.
Fuel surcharge waiver
1% fuel surcharge waiver on petrol pump transactions (standard terms apply).
🎬
Movie & entertainment offers
Discounts on movie tickets via BookMyShow or partner platforms. Check issuer terms for current offer.

Who can apply for BPCL SBI Card Octane

BPCL SBI Card Octane requires a minimum net monthly income of ₹25,000 for salaried applicants and a CIBIL score of 730 or above. It is open to salaried employees and self-employed professionals.

₹25,000
Min monthly income
730+
CIBIL score
2170
Age (years)
RequirementDetail
Minimum monthly income₹25,000
CIBIL score730+ (good to excellent)
Age range2170 years
Employment typeSalaried, Self-employed
Typical approval time7-10 working days

Open to salaried and self-employed applicants meeting standard SBI Card income criteria.

Who should (and shouldn't) get BPCL SBI Card Octane

✅ Best for
  • Heavy spenders on fuel who want 6.25% back
  • Heavy spenders on dining & food who want 2.5% back
  • Frequent travelers who value airport lounge access
  • Moderate spenders who can clear the fee waiver condition
⚠️ Not ideal for
  • International travelers — the 3.5% forex markup adds up quickly

BPCL SBI Card Octane — Questions answered

What is the annual fee for BPCL SBI Card Octane?
The annual fee is ₹1,499 from year 2 onwards, with a one-time joining fee of ₹1,499. The fee is waivable: Spend 2 lakh in a year.
What is the minimum income required for BPCL SBI Card Octane?
Salaried applicants need a minimum net monthly income of ₹25,000 and a CIBIL score of at least 730. Self-employed applicants typically need equivalent annual income proof. Open to salaried and self-employed applicants meeting standard SBI Card income criteria.
What is the reward rate on BPCL SBI Card Octane for fuel?
BPCL SBI Card Octane earns 6.25% on fuel, capped at ₹2,500 per statement cycle. On all other spends, the base reward rate is 1.00%.
Does BPCL SBI Card Octane provide airport lounge access?
Yes — BPCL SBI Card Octane includes domestic airport lounge access, with 4 complimentary visits per year.
How do I get the annual fee waived on BPCL SBI Card Octane?
The annual fee on BPCL SBI Card Octane is automatically waived when you meet the spend threshold: Spend 2 lakh in a year. You do not need to call the bank — the waiver is applied to the next billing cycle once the condition is met.
How long does it take to get BPCL SBI Card Octane approved?
Most applications for BPCL SBI Card Octane are processed within 7-10 working days. Pre-approved customers may receive instant digital approval. Physical card delivery typically takes 3–5 business days after approval.
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Information on this page is gathered from public sources and the card issuer's official website. Fees and reward rates may change — verify the current terms on the issuer's website before applying. SingleVerdict may earn a referral fee if you apply through our links, which does not affect our scoring or editorial decisions.