Skip to content

BPCL SBI Credit Card

The SBI BPCL Credit Card is one of the most popular and affordable fuel credit cards in India. With an annual fee of just ₹499 + GST, it is widely considered among the best entry-level fuel cards for everyday users.

The card offers 13 Reward Points per ₹100 spent at BPCL fuel stations, which translates to a reward rate of 3.25% since each Reward Point is worth ₹0.25. This makes the card useful for both two-wheeler and four-wheeler owners who regularly spend on petrol or diesel.

One of the biggest advantages of the card is the fuel surcharge waiver. Unlike many other credit cards that require a minimum fuel transaction of ₹400 to qualify for the waiver, the SBI BPCL Credit Card does not have any minimum spend threshold. Even small fuel transactions can qualify for the surcharge waiver, making it especially beneficial for two-wheeler users who frequently refill smaller amounts.

All fuel spends made at BPCL fuel stations are eligible for 13 Reward Points per ₹100 spent. However, accelerated rewards are capped at 1,300 Reward Points per statement cycle. To reach the monthly cap of 1,300 Reward Points, cardholders need to spend approximately ₹10,000 on fuel at BPCL stations in a statement cycle.

If you spend around ₹10,000 each month on fuel at BPCL, you could save about 4.25% every billing cycle with this card. However, if you have higher fuel spends or want even better rewards on fuel, you might want to read about the BPCL SBI Octane Credit Card.

In addition to fuel benefits, you also get accelerated 5X Reward Points on spends on departmental stores, dining, movies, and grocery categories.

BPCL SBI Credit Card

( 4.6 / 5 )
BPCL-SBI-Credit-Card
  • Joining Fee₹499 + GST
  • Annual Fee₹499 + GST
  • Best Suited ForFuel
  • Reward TypeReward Points

Rewards Rate

1 Reward Point/₹100 on Non-Fuel Spends – 0.25% Rewards | 5 Reward Points/₹100 on Grocery, Dining, Departmental Store & Movie Spends – 1.25% Rewards | 13 Reward Points/₹100 on BPCL Fuel Spends – 3.25% Rewards

Welcome Benefits

2,000 Reward Points Worth ₹500

Movie & Dining

N/A

Rewards Rate

1 Reward Point/₹100 on Non-Fuel Spends – 0.25% Rewards | 5 Reward Points/₹100 on Grocery, Dining, Departmental Store & Movie Spends – 1.25% Rewards | 13 Reward Points/₹100 on BPCL Fuel Spends – 3.25% Rewards

Reward Redemption

Redeem Reward Points for Free Fuel at BPCL Stations. 1 Reward Point = ₹0.25

Travel

N/A

Domestic Lounge Access

N/A

International Lounge Access

N/A

Golf

N/A

Insurance Benefits

N/A

  • Spend-Based Waiver

    Annual Fee Reversal on Spends of ₹1 Lakh in a Year

    Rewards Redemption Fee

    ₹99 + GST

    Foreign Currency Markup

    3.5%

    Interest Rates

    3.75% Per Month (45% Per Annum)

    Fuel Surcharge Waiver

    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 Charges

    2.5% or ₹500 Whichever is Higher

    • 2,000 Activation Bonus Reward Points worth ₹500 on payment of the joining fee.
    • 1 Reward Point per ₹100 spent with the card on non-fuel transactions.
    • 5X Reward Points on departmental stores, groceries, dining, and movie spends (Up to 5000 Reward Points per month)
    • 13X Reward Points on fuel spends at BPCL filling stations. (Maximum 1300 Reward Points per billing cycle)
    • 1% fuel surcharge waived off at all filling stations across India for transactions up to ₹4,000 (max waiver capped at ₹100 per month).
    • Annual renewal fee waived off on expenditure of ₹1 lakh in the preceding year.

    Pros

    • This card offers great reward points on fuel transactions at BPCL petrol pumps in India.
    • BPCL SBI Credit Card can be availed at a low joining cost of Rs. 499.

    Cons

    • This card doesn’t offer any domestic or international lounge access.
    • There are no insurance benefits provided with the BPCL SBI Credit Card.

  • Earn Reward Points on Fuel (Petrol/Diesel)

    • 1 Reward Point/₹100 spent on non-fuel transactions using this card. (0.25% Rewards)
    • 5 Reward Points/₹100 spent on groceries, departmental stores, dining, and movies (max 5,000 Reward Points per month at an accelerated rate). (1.25% Rewards)
    • 13 Reward Points/₹100 spent on fuel purchases at BPCL stations (max 1,300 Reward Points per month at an accelerated rate). (3.25% Rewards)
    • No reward points are earned on wallet reloads and recharges.

    Rewards Redemption

    You can easily redeem your reward points for petrol or diesel at your nearest BPCL fuel station. Check the list of eligible BPCL outlets where point redemption is available.

    BPCL SBI Outlets

    You can also redeem your reward points for vouchers through the official SBI Card portal.

    Reward Earnings Exclusions

    The following transactions are excluded from earning reward points on the SBI BPCL Credit Card: fuel payments made via UPI on the RuPay variant at BPCL pumps, balance transfers, wallet loads/recharges, cash withdrawals, late payment and other finance charges, Flexipay and Merchant EMI transactions, as well as purchases made at petrol pumps/service stations under select MCC categories.

    BPCL SBI Other Features and Benefits

    Fuel Surcharge Waiver

    1% fuel surcharge waiver at all fuel stations across India on every transaction of up to ₹4,000. The maximum surcharge waiver is capped at ₹100 per statement cycle.

    NOTE – No fuel surcharge waiver on fuel spends made via UPI functionality.

    Welcome Benefits

    2,000 Bonus Reward Points worth ₹500 on the realization of the annual fee (credited after 20 days of the payment of the joining fee).

    Milestone Benefit

    The renewal fee of ₹499 for this credit card can be reversed if the cardholder is able to spend ₹1 lakh or more using his credit card in an anniversary year.

    BPCL SBI Card Features

    BPCL SBI Credit Card Review

    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 good reward rate on movie, dining, grocery, and departmental store spends. Fuel is a basic necessity in today’s world. This credit card can help you save on this necessary expense.

    This has to be one of the most underrated credit cards in the country. Those with two-wheelers or four-wheelers can save a lot on their monthly fuel expenses with this card. Even redeeming reward points is very simple. It is best to accumulate a good number of points and then redeem them directly at your nearest BPCL fuel station. Just inform the attendant that you want to redeem your points and swipe the card.

    Since this card is also available on the RuPay variant, cardholders can earn reward points on UPI payments as well. However, remember not to pay for fuel via UPI using this card, as fuel transactions made through UPI will not earn any reward points.

    FAQs:

    Yes, you will receive 2,000 Activation Bonus Reward Points worth Rs. 500 when you pay the joining fee with the BPCL SBI Credit Card.

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

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

    An interest rate of 3.75% per month (or 45% annually) applies to the BPCL SBI Credit Card.

    5 comments

    • Rahul Sharma

      2 years ago Reply

      I like that this card gives rewards on everyday spending like groceries and dining along with fuel savings. The low annual fee makes it a great deal.

    • Kishan

      3 years ago Reply

      The BPCL Sbi credit card has 499 renewal fee, is there any chance that it lauches a LFT card?

    • Alisha Sharma

      3 years ago Reply

      What are the criteria for applying for a BPCL SBI credit card? Does it offer 10X reward points on online spending, like Simplyclick SBI credit card?

    Leave your comment