BPCL SBI Card OCTANE

Renewal fee

₹1,499 a year.

Joining fee

₹1,499 to join.

Fee waiver rule

Renewal Fee is reversible if annual spend for last year ≥ ₹200,000.

Add-on card fee

₹0

Welcome benefit

Get 6000 bonus reward points worth ₹1,500 on payment of Annual Fee.

Reward rate

1 Reward point per ₹100 · everyday spends1 Reward point per ₹100 spent on other retail purchases.

Fuel earning

7.25% value back ~25X Reward Points on fuel purchases at BPCL petrol pumps.

Groceries earning

10 Reward Points on every ₹100 spent at Grocery and Departmental Stores, up to 7,500 Reward Points per month

Reward earning on dining spends

10 Reward Points on every ₹100 spent at Dining, Departmental Stores, Grocery & Movies.

Utilities earning

25 Reward Points on every ₹100 spent on Bharat Gas (website and app only), capped at 500 Reward Points per billing cycle

Reward exclusions

Except Mobile wallet upload & Non-BPCL fuel spends.

Reward caps

Maximum 2,500 Reward points per billing cycle

Catalogue redemption

4 Reward Points = Re. 1.

Voucher and product redemption

Instant redemption of Reward Points at select BPCL petrol pumps.

Point expiry

24 months

Domestic lounge access

4 complimentary domestic lounge visits per calendar year (max. 1 visit per quarter)

Milestone benefits

E-Gift Vouchers worth ₹2,000 from Aditya Birla fashion or Yatra or Hush Puppies on annual spend of ₹3 Lakhs.

Fuel surcharge waiver

1% fuel surcharge waiver across all BPCL petrol pumps in India.

Lost card liability

Complimentary Fraud Liability cover of 1 Lakh.

Add-on card eligibility

Add-on cards for parents, spouse, children or siblings above the age of 18.

Balance transfer terms

Transfer outstanding balances of other banks' credit cards to this card at a lower interest rate and repay in easy EMIs.

Purchase to EMI conversion

Flexipay EMI on transactions of ₹2,500 or more.

Forex markup

3.5% on foreign currency transactions.

Dynamic currency conversion markup

3.5%3.5% on transactions ≥ ₹1,000 in Indian currency at an international location or at merchants in India but registered overseas

Cash advance fee

2.5% or ₹500 whichever is higher (domestic & international ATMs)

Cash withdrawal limit

₹15,000 per day on ATM withdrawals, subject to Cash Advance Limit availability

Interest on unpaid balance

3.75% p.m. (45% p.a.) for unsecured cards.

Interest-free period

20-50 days interest-free when you pay in full.

Late payment fee

Nil to ₹1,300

Over-limit fee

2.5% of Overlimit Amount (subject to a minimum of ₹600). Overlimit Fee will not be reversed in case of transaction reversal / cancellation / refund.

Payment return or dishonour fee

2% of payment amount (subject to a minimum of ₹500)

Card replacement fee

₹100 - ₹250

Cash payment / cash deposit fee

₹250

Cheque payment / dishonour fee

Cheque Payment Fee: ₹200

Education / school fee charge

Fee on Education Payments^ : W.e.f 1st Nov 2025, 1% of the transaction amount applicable on Education Payments made through third-party apps

Foreign ATM fee

2.5% of transaction amount (subject to a minimum of ₹500) at International ATMs

Reward redemption fee

₹99, applicable only on physical product and on vouchers that are sent physically

Wallet load charge

Fee on Wallet Load^^^ : W.e.f 1st Nov 2025, 1% of the transaction amount. Applicable on every wallet load transaction exceeding ₹1,000

Rent transaction fee

₹199

Utility transaction fee

If the sum of all Utility Payments in a billing cycle exceeds ₹50,000, then a Utility Payments Fee of 1% will be charged on the total amount of Utility payments made in that billing cycle.

GST note

GST rate of 18%

Grace days after the due date

Grace period of 3 days is allowed from the payment due date on credit card accounts, where payments are not overdue from previous billing cycle (s)

Minimum amount due

100% of GST + 100% of EMI amount + 100% of Fees/Charges + 100% of Finance Charges + Overlimit Amount (if any) + 2% of Remaining Balance Outstanding or ₹200, whichever is greater