By Bharti Bisht
Updated On September 23, 2021

BPCL SBI Credit Card is a co-branded fuel credit card by SBI Card in partnership with BPCL (Bharat Petroleum Corporation Limited). It is an entry-level offering and comes with a nominal membership fee of just Rs. 499 per annum. Being a fuel credit card it provides a total value back of 4.25% (3.25% reward rate and 1% surcharge waiver) on fuel transactions at all BPCL stations.

Apart from the fuel benefit, you also get accelerated 5X Reward Points on spends on departmental stores, dining, movies and grocery categories. Since it is an entry-level credit card, you do not get any other value-added travel or lifestyle benefits. Read on to learn more about this entry-level fuel credit card by SBI Card.

Best Suited For

Fuel |

Joining Fee

Rs. 499 (plus applicable taxes)

Reward Type

Reward Points |

Product Details

  • BookMyShow voucher worth Rs. 250 and 2,000 Bonus Reward Points as a welcome gift on payment of the joining fee.
  • 1 Reward Point per Rs. 100 spent with the card.
  • 5X Reward Points on departmental stores, groceries, dining, and movie spends.
  • 13X Reward Points on fuel spends at BPCL filling stations.
  • 1% fuel surcharge waived off at all filling stations across India for transactions up to Rs. 2,000 (max waiver capped at Rs. 100 per month).
  • Annual renewal fee waived off on expenditure of Rs. 50,000 in the preceding year.

Rewards and Benefits

Welcome Benefits

2,000 Bonus Reward Points and BookMyShow voucher worth Rs. 250

Movie & Dining

BookMyShow voucher worth Rs. 250 as a welcome gift, 5X Reward Points on movie and dining spends

Rewards Rate

1 Reward Point per Rs. 100 (reward rate = 0.25%), 5X Reward Points on dining, movies, departmental stores, and groceries (reward rate = 1.25%), 13X Reward Points at BPCL pumps (reward rate = 3.25%)

Reward Redemption

Reward Points redeemable against gift vouchers on sbicard.com or on SBI mobile app, for purchases at BPCL petrol stations and against cash (card’s statement balance). 4 Reward Points = Re. 1.

Travel

N/A

Golf

N/A

Domestic Lounge Access

N/A

International Lounge Access

N/A

Insurance Benefits

N/A

Zero Liability Protection

Cardholder shall not be liable for any fraudulent transaction made on the card post reporting the loss of card to the bank.

Fees & Charges

Joining Fee

Rs. 499 (plus applicable taxes)

Renewal Fee

Rs. 499 (plus applicable taxes)

Spend based Waiver

Renewal fee is waived off on a minimum spend of Rs. 50,000 in an anniversary year.

Rewards Redemption Fee

Rs. 99 (plus applicable taxes) per redemption request

Rewards Redemption Fee

Rs. 99 (plus applicable taxes) per redemption request

Foreign Currency Markup

3.5% of the transaction amount

Interest Rates

3.5% per month (42% per annum)

Fuel Surcharge

1% fuel surcharge waived off at all fuel stations across India for transactions up to Rs. 4,000 (max waiver capped at Rs. 100 per month)

Cash Advance Charge

2.5% of the withdrawn amount (subject to a minimum charge of Rs. 500)

Add-on Card Fee

Nil

BPCL SBI Credit Card Welcome Benefits:

  • Complimentary BookMyShow voucher worth Rs. 250.
  • 2,000 Bonus Reward Points worth Rs. 500 on the realization of the annual fee.

BPCL SBI Credit Card Rewards:

  • 1 Reward Point on every Rs. 100 spent with the card.
  • 5 Reward Points on every Rs. 100 spent on groceries, departmental stores, dining, and movies (max 5,000 Reward Points per month at accelerated rate).
  • 13 Reward Points on every Rs. 100 spent on fuel purchases at BPCL stations (max 1,300 Reward Points per month at accelerated rate)

Rewards Redemption

Reward points can be redeemed in the following ways:

  • On sbicard.com or on SBI’s mobile app for purchasing gift vouchers.
  • Against cash (i.e. against the statement balance of the card) by writing an email or calling SBI’s customer care.
  • At BPCL fuel stations.
  • 4 Reward Points are equivalent to Re. 1.
  • The reward points earned expire after 2 years (24 months) from the date of accumulation.

Milestone Benefit:

The annual renewal fee of the card is waived off on an expenditure of a minimum of Rs. 50,000 in the preceding year.

Movie and Dining Benefits:

  • Complimentary BookMyShow voucher worth Rs. 250 as a welcome benefit.
  • 5X Reward Points (5 Points per Rs. 100) on movie and dining spends.

Fuel Surcharge Waiver

  • 1% fuel surcharge waived off at all filling stations across India.
  • Maximum surcharge waiver is capped at Rs. 100 per statement cycle.

How To Apply?

You can apply for the credit card online on sbicard.com or using their chatbot ELA. Alternatively, you can also dial their helpline at 39020202 (prefix STD code) or visit your nearest SBI branch and submit the required documents.

Conclusion

BPCL SBI Credit Card is a decent fuel credit card in the entry-level segment. You not only get a total value back of 4.25% (including the surcharge waiver of 1%) on fuel purchases but also a reward rate of 1.25% on movie, dining, grocery and departmental store spends. If however, you want a higher reward rate and some additional travel benefits like complimentary airport lounge visits, you may also check out the BPCL SBI Card Octane.

FAQs:

Yes, you get a BookMyShow voucher worth Rs. 250 and 2,000 Bonus Reward Points as a welcome gift with BPCL SBI Credit Card.

No, you get the 13X Reward Points on fuel transactions at the BPCL petrol pumps only.

You get 5X Reward Points through your BPCL SBI Card on groceries, departmental stores, movies, and dining.

An interest rate of 3.5% per month (or 42% annually) is applicable on BPCL SBI Credit Card.

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