SBI BPCL Credit Card

(3.6/5)
Best For:
From:
Power By:
SBI BPCL Credit Card is an entry level co-branded credit card between Bharat Petroleum (BPCL) and SBI. This is a toned-down version of SBI BPCL Octane Credit Card which comes with lower joining/renewal fee and lower reward rate as compared to SBI BPCL Octane Credit Card. As the name suggests, its a fuel credit card which is specifically made to benefit BPCL customers. This credit card gives decent valueback on spend on fuel and Bharat Gas and is ideally suitable for people who spend more than Rs.2,000 on BPCL fuel and Bharat Gas in a month.  

Features and Benefits

Features and benefits available in this credit card

Cashback
Reward Points
Airmiles
Airport Lounge
Utility Bills
Insurance
NPS
Education
Government Payment
Fuel
Rent
Giftcards
Jewellery
Wallet Load
Rewards on EMI
Welcome Bonus
Travel
Dining
Shopping
Interest

Joining and Renewa Benefits

Joining Benefits: Get 2,000 bonus Reward Points equivalent to Rs.500 (1 Reward Point = Rs.1) on the payment of joining fee. These reward points can be instantly redeemed at BPCL fuel stations for payment of fuel.

Renewal Benefits: There is no renewal benefit. However, renewal fee is waived-off if spend in the previous year is more than Rs.50,000.

Cashback and Rewards

  • Fuel: 13x Reward Points on spend on fuel at BPCL fuel station, maximum 1,300 reward points per month. It mean, you earn reward points on spend upto Rs.10,000 per month. This is a 3.25% valueback.
  • Fuel Surcharge Waiver: In addition, you get 1% fuel surcharge waiver on all fuel transactions upto Rs.4,000. Maximum fuel surcharge waiver is Rs.100 per monthly billing cycle.
  • 5 Reward Points on every Rs 100 spent at dining, departmental stores, grocery & movies. A maximum of 2,500 Reward Points per month. That is upto Rs 50,000 spend per month can be availed in a month. This is 1.25% valueback.
  • 1 Reward Points on Rs.100 spend on other spend categories ( = 0.25% valueback).

Lifestyle Benefits

  • There are no lifestyle benefits.

Fuel Surchage Waiver

1% fuel surcharge waiver on all fuel transactions upto Rs.4,000. Maximum fuel surcharge waiver is Rs.100 per monthly billing cycle.

Forex Mark-up charges

  • 4.13% Forex Mark-up charges including GST on  international online and offline transactions

Reward Redemption

Reward Points can be redeemed in following manners

  • Best Value: Make full or partial payment of fuel at BPCL outlet using Reward Points (1 Point = Rs.0.25). Simply, swipe your credit card at POS machine. It will show Reward Points redemption option. Before, swiping, just tell the BPCL guy that you would want to redeem reward points for fuel payment.
  • Reward Catalogue: Redeem reward points to get products and brand-vouchers from SBI Reward Catalogue. However, the value of points will be very low in this option. So, this option to redeem points, is not recommended. To access SBI Rewards Portal, Click here.

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Annual Spend Target
for Renewal Fee Waiver (INR)
₹ 50000

Pros

Aspects that make this credit card amazing.

  • Descent reward rate on fuel
  • Reward points directly redeemable to pay for fuel which makes it equivalent to cash.
  • Unlike most of the other credit cards, there is no minimum transaction requirement for 1% fuel surcharge waiver.

Cons

Aspects this credit card lacks.

  • No renewal benefit against renewal fee. So, card may not be useful for someone who is having less than Rs.1,500 spend per month on fuel.
  • No accelerated reward points on Bharat Gas.

Spend Categories with No Cashback / Rewards

No reward points on following.

  • Rent payment
  • e-Wallet loading
  • Fuel spend except BPCL outlets.

Add-on Cards

Free add-on credit cards available for spouse, brother, sister, son, daughter, mother, father. Add-on card member must be above 18 years of age.

Eligibility Criteria

  • Age:  18 years or above
  • Income: Rs.25,000 monthly in-hand salary or an ITR of 3,00,000. This is basis user experience, not an official eligibility criteria declared by SBI Cards.
  • For resident Indian only

Upcoming Changes

N/A

Rating & Reviews

Rating & Reviews

(3.6/5)

This is the truth, the whole truth, and nothing but the truth; brought to you SpendWisely backed by its expertise and expertise in the area of credit cards

Reward Value
(4)
Lifestyle Benefits
(3)
Ease of Reward Redemption
(4)
Value for Money
(4)
Customer Service
(3)

SBI BPCL Credit Card is a fuel focused credit card for BPCL customers. It is useful if your average fuel spend is more than Rs.2,500 per month and you usually get the fuel for your vehicles from BPCL outlets (Bharat Petroleum). As this credit card does not offer any renewal benefit, you need to spend Rs.18,154 in a year on BPCL to recover the Renewal Fee. Therefore, to get a meaningful benefit, there must be more than Rs.2,000 per month spend on fuel, BPCL LPG gas and BPCL lubricants.

Overall, this card is useful for regular fuel spending on BPCL outlets.

Domestic Airport Lounge Access

Not Available

International Airport Lounge Access

Not Available

Airport Spa Access

Not Available

Airport Meet & Greet Service

Not Available

Railway Lounge

Not Available

Movie Tickets

Not Available

Dining Benefit

Not Available

Golf

Not Available

Facebook
Twitter
LinkedIn
WhatsApp