BPCL SBI Credit Card - Features, Benefits & Charges

BPCL SBI Credit Card (4.3)

Co-Branded Best For: Fuel
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Are you tired of worrying about fuel expenses? You can now get the BPCL SBI Card! By paying a joining and annual fee of ₹499, you get 2,000 activation points, 13x Reward Points when you refuel at BPCL petrol pumps and a 1% fuel surcharge waiver. But that's not all, you also get 5x Reward Points for every ₹100 spent at grocery stores, departmental stores, movies & dining, and 1 Reward Point for every ₹100 spent on non-fuel retail purchases. Keep reading to learn more!

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Welcome Bonus
  • 2,000 Activation Bonus Reward Points worth  ₹500. 
  • Amazon voucher worth ₹250 on applying online. 

Note: Reward Points will be credited after 20 days of the payment of the joining fee.        

Reward Points
  • 5X Reward points on every ₹100 spent at special categories.
  • 1 Reward Point on ₹100 spent on non-fuel retail purchases.
  • Note: Special Categories include Dining, Movies, Groceries & Departmental Stores.
  • Reward Rate: 0.25% to 3.25%
Fuel Surcharge
  • Earn 13 reward points on every ₹100 spent at BPCL outlets.
  • 1% fuel surcharge waiver on transactions up to ₹4,000.

Note: Maximum waiver up to ₹100 per statement cycle.

EMI Benefit

Converts all purchases of more than ₹2,500 into Easy EMI via Flexipay.

Other Benefit
  • Complimentary add-on credit card.
  • Doorstep delivery of cheque & draft.
  • Worldwide acceptance at any outlet that accepts Visa/Mastercard.
  • Lower Rate of interest on transferring the outstanding balance of other banks to this card.
Fee and Charges

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

Charges

Joining Fee

₹499

Annual Fee

₹499

Annual Percentage Rate

42%

Add-on Card Fee

Nil

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.50%

Cash Advance Limit

80%

Card Replacement Fee

₹100

Foreign Transaction Fee

3.50%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

1%

Reward Point Value

₹0.25
Late Payment Charges

Balance from ₹0 to ₹500

₹ 0

Balance from ₹500 to ₹1000

₹ 400

Balance from ₹1000 to ₹10000

₹ 750

Balance from ₹10000 to ₹25000

₹ 950

Balance from ₹25000 to ₹50000

₹ 1100

Balance more than ₹50000

₹ 1300
Pros

Aspects that make this credit card amazing.

  1. The card comes with a 1% Fuel Surcharge Waiver.
  2. It offers a complimentary add-on card.
  3. Reward points on all transactions.
  4. It allows users to convert big spends into EMI.
  5. No upper cap on redemption of reward points.
Cons

Aspects this credit card lacks.

  1. No access to airport lounges.
  2. 24/7 concierge service is not available.
BPCL SBI Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(3)

Rewards

(3.5)

Customer Service

(3)

BPCL SBI Credit Card Review

SBI BPCL Credit Card is best suited for you if you prefer Bharat Petroleum over other fuel providers. It has a low annual fee of ₹499, which is justified if you want to get value back on your fuel purchases and do not expect extensive rewards across categories. Since fuel benefit is offered in the form of extra rewards, you should get this card if your fuel expenditure makes up a considerable portion of your overall monthly expenses. Thereby, the more you spend on fuel, the more value back you will get. 

Besides, if you are not sure whether you prefer any particular fuel brand, you should consider cards that give value back for all your fuel expenses.

Overview

Best for  Travel & Fuel
Joining Fee ₹499 + Applicable Taxes
Annual Fee ₹499 + Applicable Taxes
Welcome Benefits 2,000 Bonus Points
Card Network

Visa & Rupay

Who should get the BPCL SBI Credit Card?

The BPCL SBI Credit Card is best suited for individuals who frequently spend a substantial amount on fuel and travel and want rewards and other lifestyle benefits on their spending on movies, dining, groceries, and departmental stores. 

In a nutshell, the BPCL SBI Credit Card is an entry-level credit card that comes with exclusive benefits and charges a nominal joining & annual fee.

Reward Points

With this BPCL SBI Credit Card, users can earn up to 5X reward points on purchases at special categories.

Categories Reward Points
Groceries, Departmental Stores, Movies & Dining 5x points (max 5,000 per month)
Other Categories

How to apply for BPCL SBI Credit Card?

The BPCL SBI Credit Card can be applied online as well as offline. To apply offline, visit the nearest branch with all the required documents and fill in the physical application form. In case of an online method,  follow a few easy steps as mentioned below:

Step 1: Visit the SBI Card Website and click on “Credit Card”.

Step 2: Under the “Travel & Fuel” category, BPCL Credit Card will be listed.

Step 3: Click on “Apply Now” and start the application process.

Step 4: Fill in all the required details and upload all the necessary documents to complete the process.

BPCL SBI Credit Card Eligibility

Applicants must be at least 18 years of age and have a steady source of income to be eligible for a credit card.

Documents Required

  • Proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
  • Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.
SBI Card Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

SBI Card

SBI Card Credit Card Customer Care Number:

1800 425 3800

SBI Card Card Offers:

View Offers

Total Cards:

1,95,86,884
SBI Card Credit Card News
23 Mar 2024, Saturday
1. SBI Card and Titan Team Up to Launch Exclusive Shopping Credit Card - Titan SBI Card

SBI Cards and Titan have joined forces to introduce the Titan SBI Card, a co-branded credit card aimed at fulfilling customers' aspirations for premium shopping. This card offers a variety of benefits, including:

  • Lucrative cashback: Cardholders can enjoy a generous 7.5% cashback on purchases at Titan stores (watches, Taneira, Titan EyePlus, and other non-jewellery brands) and 5% cashback at partner stores (Mia, Caratlane, and Zoya).
  • Annual benefits exceeding Rs 2 lakh: The Titan SBI Card promises rewards worth over ?2,00,000 annually through cashbacks, gift vouchers, and reward points (specific details not mentioned in the sources reviewed).
04 Mar 2024, Monday
2. SBI Card changes reward program, ends rent points and physical DreamFolks Cards.

SBI Card is making changes to its credit card program starting 1 April, 2024. These changes include:

  • No more reward points for paying rent with many of their cards.
  • They will no longer issue physical cards for DreamFolks memberships.
  • They are updating their minimum payment calculation method to be more transparent and fair.

Here's some of the list of affected Credit Cards:

30 Oct 2023, Monday
3. State Bank of India Card (SBI Card) has announced its plans to introduce a fresh array of shopping credit cards in partnership with Reliance Industries.

According to reports, the upcoming credit card offering from Mukesh Ambani, Asia's richest man, is expected to be named 'Reliance SBI Card'. The new credit card is set to provide customers with a host of "exclusive" benefits that are designed to enhance their shopping experience.

It is launching two credit cards in collaboration with Reliance. The first one is called Reliance SBI Card and has a joining fee of Rs. 499. It offers basics such as discounts on shopping with Reliance Brands. The second one is called Reliance SBI Card Prime and has a joining fee of Rs. 2999. It offers more benefits such as complimentary lounge access along with discounts on Reliance Brands. SBI Card will release more information about these cards when they are launched officially.

15 Oct 2023, Sunday
4. Earn Rs. 250 Amazon voucher when you connect your SBI RuPay credit card to UPI.

As part of this program, SBI RuPay credit cardholders have the opportunity to link their card with their preferred UPI app and make transactions of at least Rs 100 during the offer period, which runs from October 12, 2023, to November 11, 2023. Upon meeting this requirement, they will receive a Rs 250 Amazon Discount E-voucher that can be used for either a 3-month or 12-month Amazon Prime membership.
Each cardholder is entitled to receive only one voucher, which will be sent via email to their registered email address on or before December 31, 2023.
The E-vouchers are valid until April 30, 2024, and can be used to extend Amazon Prime memberships by up to 12 months, with a limit of one extension per customer. 

22 Apr 2023, Saturday
5. SBI beats peers in new cards added for February

SBI and Axis Bank are leading the credit card market in terms of new cards added for the month of February. Axis Bank, with the new found customer base of Citi Bank showed a growth of 11.7%. In terms of new customers, the number stood at 2,00,000 new cards issued.

SBI on the other hand, singlehandedly lead the race with a growth of 19.8% for the same period, adding 3,00,000 new cards issued by the legacy bank.

The two leaders were followed by ICICI Bank, and Kotak Mahindra Bank with 80,000 additions. HDFC Bank trailed the top 5 list with only 60,000 cards added to its existing numbers.

11 Apr 2023, Tuesday
6. SBI Card revises cashback benefits on service

Starting 1st May 2023, SBI will revise some of its cashback and discount services. Under the revision, the domestic airport lounge services will be discontinued. Apart from these, cashback on services like jewellery, school and educational services, utilities, insurance services cards, member financial institution/quasi cash, and railways and others will also be axed. The bank will also be setting a limit on cashback that can be availed through online and offline transactions to Rs 5,000 per statement cycle. These changes come after SBI cards recorded the highest new card issuances at 3,00,000 in February. Yet, SBI also experienced a 7% month-on-month reduction in credit card spending.

BPCL SBI Customer Reviews

No Customer reviews yet. Be the first to review this card.

Frequently Asked Questions

Enjoy the freedom from paying the 1% fuel surcharge on transactions up to Rs.4,000, exclusive of GST and other charges, at all BPCL petrol pumps in India. Maximum fuel surcharge waiver of Rs.100 per statement cycle per credit card account, equating to Rs.1200 in annual savings.

You can get a 1% fuel surcharge waiver on transactions up to Rs. 4,000 at any BPCL petrol pump in India. However, you can only receive a maximum waiver of Rs. 100 per billing cycle equals Rs. 1,200 in annual savings.

Cardholders can instantly redeem their reward points for free fuel at over 1,200 authorised BPCL retail outlets across the country or via BPCL fuel vouchers. The vouchers are valid for six months after they are issued. Furthermore, partial redemption is not permitted.

Yes, cardholders can transfer their outstanding balance from a credit card issued by another bank to the SBI BPCL Credit Card. This can be accomplished by applying for a balance transfer facility with their SBI BPCL Credit Card. Balance transfers can also be requested by visiting the nearest SBI branch or calling SBI customer service.

On payment of their joining fee, SBI BPCL Cardholders are eligible for a welcome gift of 2,000 activation bonus reward points worth Rs.500. Furthermore, they receive 4.25% value back (13X* Reward Points equivalent to 3.25% + 1% fuel surcharge waiver) on all BPCL transactions up to Rs.4000. (exclusive of GST and other charges). Furthermore, the fuel freedom benefits include a maximum surcharge waiver of  Rs. 100 per billing cycle equals an annual savings of Rs. 1200. These advantages make it an excellent option for fuel purchases.

Cardholders with an SBI credit card can use their credit card to withdraw cash. Even though they must pay additional fees, such as cash advance fees, interest charges, and so on, they still have access to this benefit. However, cardholders should be aware that the charges and limits for all credit cards will not be consistent and will vary from one card to the next.

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