BPCL SBI Credit Card

  • Joining Fee: Rs. 499 + GST
  • Renewal Fee: Rs. 499 + GST
  • Best Suited For: Fuel
  • Reward Type: Reward Points
  • Welcome Benefites: 2,000 Activation Bonus Reward Points worth Rs. 500 on payment of joining fee (credited after 20 days of the payment of joining fee).
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Launched by SBI Card in partnership with BPCL, SBI BPCL Credit Card is a co-branded fuel credit. 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. In addition to fuel benefits, 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. Although this card provides a lot of benefits in the essential category, you can also check out If, BPCL SBI Card Octane. Keep reading the article to learn more about this fuel credit card–

New Features

Spend Based Waiver

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


Interest Rates

3.5% per month (42% per annum)


Add-on Card Fee

Nil

Rewards Redemption Fee

Rs. 99 (plus applicable taxes) per redemption request


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)

Foreign Currency Markup

3.5% of the transaction amount


Cash Advance Charges

2.5% of the withdrawn amount (subject to a minimum charge of Rs. 500)

Movie & Dining

5X Reward Points on movie and dining spends


Travel

N/A


International Lounge Access

N/A

Rewards Rate

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


Golf

N/A


Insurance Benefits

N/A

Reward Redemption

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


Domestic Lounge Access

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.

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.

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