
BPCL SBI Credit Card Rating |
Reward Points ★★★★ Welcome Bonuses ★★★★ Fuel Benefits ★★★ Annual Fee ★★★ Additional Benefits ★★ |
Overall Rating ★★★ |
BPCL SBI Credit Card is a fuel credit card launched in collaboration with Bharat Petroleum. It offers a 4.25% value-back on fuel purchases at BPCL petrol pumps along with other benefits including welcome bonus, reward points, etc. Available at an annual fee of Rs 499 only, this card can be a good option if you are looking to save more on your fuel expenses.
BPCL SBI Credit Card at a Glance | |
Annual Fee | ★ Rs.499 (waived off on spending Rs.50,000 + annually) |
Key Feature | ★13X reward points + 1% fuel surcharge waiver at BPCL petrol pumps on every transaction up to Rs. 4,000 ★ Annual Savings of 70 liters of petrol |
Rewards Program | ★ 5X Reward Points on every Rs.100 spent at Groceries, Departmental stores, Movies & Dining ★ 1 Reward Point for every Rs.100 spent on non-fuel retail purchases |
Minimum Income Required | ★Rs.20,000 per month |
The BPCL SBI Credit Card is best suited for those who prefer Bharat Petroleum over other fuel providers. Here is a detailed review of the card along with a comparison with other fuel credit cards to help you make an informed decision.
4.25% Value Back on Fuel Expenses
You can save up to 4.25% of your fuel expenditure made with this card at BPCL petrol pumps. This benefit can be availed in two parts-
13X* Reward Points per Rs.100 on fuel purchases at BPCL petrol pumps (Maximum 1,300 Reward Points per billing cycle)
1% fuel surcharge waiver on every transaction up to Rs. 4,000
Points to Note-
Maximum limit in a month Rs. 10,000
No Minimum Threshold
Surcharge Waiver applicable only on transactions up to Rs. 4,000 for a max of Rs. 100 per month
Maximum surcharge waiver of Rs. 100 in a month, which is equivalent to an Annual Savings of Rs.1,200
While these fuel benefits are good for a card in BPCL’s price range, there are other cards such as Citi IndianOil Credit Card and Standard Chartered Super Value Titanium Card that offer better fuel benefits for a slightly higher annual fee. Here is a comparison of SBI BPCL Card against other fuel credit cards in India.
Basis of Difference | ||||
Annual Fee | Rs.499 | Rs.750 | Rs.1,000 | Rs.500 |
Minimum Income Required (p.m.) | Rs.20,000 | Rs.55,000 | Rs.25,000 | Rs.10,000 |
Fuel Benefit | 4.25% Valueback ~ 13X* Reward Points per Rs.100 on fuel purchases at BPCL | 5% cashback on fuel spends at all petrol pumps | Up to 71 Litres* of fuel for free per year | Earn back 5% of fuel spends as Fuel Points |
Reward Points | 5X rewards on movies, dining, groceries and departmental store spends | 1 reward point for every Rs. 150 spent and 5X reward points for overseas point-of-sale spends | 4 Turbo Points per Rs. 150 spent on fuel purchases at authorized Indian Oil retail outlets | 1 Fuel Point for every Rs.150 spent |
Welcome Bonus | 2,000 Bonus Reward Points worth Rs. 500 | 100% onetime cashback (up to Rs.1,500) on Fuel spends within 1st 90 days of card issuance | Rs.250 worth of activation benefits | NA |
Tip: If you are a frequent visitor to Indian Oil Petrol Pumps then you should opt for IndianOil Citibank® Platinum Credit Card or HDFC Indian Oil Credit Card.
Annual Savings of 70 Liters* of Fuel
Here we have the value chart of how some of your purchases made through SBI BPCL Card can save you about 70 Liters of petrol annually-
Categories | Spend per Quarter | Cashback / Points per Rs.100 spend | Equivalent |
Fuel | Rs.21,000 | 13 | Rs.683 |
Groceries & Departmental Stores | Rs.18,000 | 5 | Rs.225 |
Travel | Rs.8,000 | 1 | Rs.20 |
Dining | Rs.8,000 | 5 | Rs.100 |
Movies & Entertainment | Rs.4,000 | 5 | Rs.50 |
Others | Rs.12,000 | 1 | Rs.30 |
Total | Rs.71,000 | Rs.1,108 | |
Annual Savings | Rs.2,84,000 | Rs.4,432 | |
Total Savings | 70 Liters* |
*1 Liter= Rs.63
2,000 Bonus Reward Points as Welcome Gift
Get 2,000 Activation Bonus Reward Points worth Rs. 500 on payment of joining fee. This feature cancels out the joining fee of Rs. 499 charged on the card.
Reward Points will be credited after 20 days of the payment of joining fee and the same can be redeemed against fuel purchase at BPCL outlets, BPCL Vouchers or at Shop n Smile rewards catalogue.
Rewards on Expenses other than Fuel
SBI BPCL Card lets you earn reward points on every purchase that you make with extra rewards on certain categories. With this card, you get-
5X Reward Points on every Rs. 100 spent on Groceries, Departmental stores, Movies & Dining
1 Reward Point for every Rs. 100 spent on non-fuel retail purchases
Points to Note:
4 Reward Points = Re 1
Flexible Instant Redemption Program at select 1200 BPCL petrol pumps
No minimum value of Reward Points for redemption