BPCL SBI Credit Card

BPCL SBI Credit Card Welcome Benefits:

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

BPCL SBI Credit Card Rewards:

• 1 Reward Point for every Rs. 100 spent using this card.
• 5 Reward Points on every Rs. 100 spent on groceries, departmental stores, dining, and movies (max 5,000 Reward Points per month at an 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 renewal fee of Rs. 499 of this credit card can be waived if the cardholder is able to spend Rs. 50,000 or more using his credit card in an anniversary year.

Movie and Dining Benefits:

• 5X Reward Points (5 Points per Rs. 100) on movie and dining spends.

Fuel Surcharge Waiver

• 1% fuel surcharge waiver at all fuel stations across India on every transaction of upto Rs. 4,000.
• 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.