Cards · SBI Card

BPCL SBI Card OCTANE: rewards, caps and exclusions

The BPCL SBI Card OCTANE pays about 6.25% on BPCL fuel, MAK lubricants, Bharatgas, BPCL In&Out stores, on the first ₹10,000 of spend a cycle, and 0.25% on everything else. Below is every rate, cap and exclusion in SBI Card's published terms, as we last checked them on 18 July 2026.

₹1,499 a yearPaid in points

What it earns

≈6.25%BPCL fuel, MAK lubricants, Bharatgas, BPCL In&Out storeson the first ₹10,000 of spend a cycle

≈6.25%Bharat Gas LPG cylinder bookingson the first ₹2,000 of spend a cycle

≈2.5%Food, Groceries, Entertainmenton the first ₹75,000 of spend a month

≈0.25%Everything elseno cap stated

≈ marks a rate paid in points, converted at ₹0.25 a point: the lowest redemption value SBI Card documents. Some redemptions are worth more; we price at the floor, because that is what the points are worth whichever way you spend them.

What earns nothing

Spend in these categories earns no rewards on this card, however it is paid for:

Fuel
Wallet loads
Rent
Government payments

Milestones

In SBI Card's own words:

₹2,000 e-gift voucher (Hush Puppies / Aditya Birla Fashion / Urban Ladder / Yatra) on ₹3,00,000 annual spend → ₹2,000 voucher

Fees

Annual fee: ₹1,499, plus 18% GST
Joining fee: ₹1,499
Annual fee waived on ₹2,00,000 of spend in a card year
Foreign-currency markup: 3.5%

Welcome benefit: 6,000 RP (≈₹1,500 fuel value) on paying the joining fee.

Where this comes from

Transcribed from SBI Card's own documents and checked against them on 18 July 2026:

sbicard.com (PDF)

Banks change these terms, sometimes with a month's notice. If a figure here disagrees with SBI Card's current document, the bank's document is right. Tell us at support@zenidhi.com and we'll fix the rule, here and in the app.

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