BPCL SBI Card OCTANE: A Ride Fueling Card That Rewards You on Every Ride

If you are constantly on the go, driving back and forth for work or traveling to different places, then you probably know just how costly fuel can get. Fueling up can become a recurring charge if you regularly drive. If you want to get better value from your spending, the BPCL SBI Card OCTANE can be of great help to you. The card is designed for frequent drivers and this co-branded credit card has a number of benefits, especially on payment for fuel and other related expenses. In this blog, we will go in detail through all the features, rewards and benefits of the BPCL SBI Card OCTANE. The card saves users money on fuel and also offers reward points on dining and retail making it very useful.

What is the BPCL SBI Card OCTANE?

The BPCL SBI Card OCTANE is a co-branded credit card offered by The State Bank of India (SBI) and Bharat Petroleum Corporation Ltd (BPCL).

Tailored to individuals who regularly use a vehicle, this card provides optimal value on fuel purchases. Additionally, this card rewards you with fuel rewards at BPCL, dining and other retail spend rewards. From BPCL petrol stations to the restaurants you regularly eat at, you will be rewarded with points that can be used to get discounts, vouchers, and even fuel. For those who like traveling and driving, the card is useful becasue of the multiple travel benefits it offers in addition to being an all rounder.

Key Features of the BPCL SBI Card OCTANE

1. Annual and Joining Fee

Joining fee: ₹1,499 + applicable taxes

Annual Fee: ₹1,499 + applicable taxes

Fee Waiver: The annual fee is waived off on achieving annual spends of ₹2,00,000 or more. While the joining and annual fees can be argued to be moderate, one spends less in comparison to the overwhelming rewards.

2. Fuel Benefits

As with other Proposition of Value subsidised cards, the most appealing feature of the BPCL SBI Card OCTANE are the fuel benefits. The price for this card is justified by the discounts and additional benefits for users topping fuel at BPCL stations.

Fuel Surcharge Waiver:

The card provides a 1% fuel surcharge exemption for fuel purchases less than ₹4,000, redeemable at any BPCL petrol pump throughout India. The cap on the waiver during any billing cycle is ₹100.

Fuel Purchase Reward Points:

For every ₹100 spent at BPCL outlets, cardholders earn 25 reward points. This further enhances the attractiveness of fueling up at BPCL. If you're someone who regularly makes stops at BPCL stations, this card’s merit will become obvious very quickly. The reward points that are earned through fuel purchases can be redeemed for subsequent fuel purchases or other rewards.

3. Reward Points on Other Categories

While fuel indeed is the main focus, the BPCL SBI Card OCTANE has outstanding reward offers for many other purchases as well.

Dining, Movies, and Groceries:

The card gives you 10 reward points for every ₹100 spent on dining, movie outings and grocery shopping. This card is useful whether you’re eating out or buying the essential item.

Retail Spend Other Than Grocery:

This category is inclusive of all other expenditure enlisted because the card earns 1 reward point for every ₹100 spent.

This encompasses spending at shopping malls, online shops, and other categories of general spending. Accumulating points on various purchases will rewards might fuel, travel, dining, and more other options.

4. Welcome Benefit

The BPCL SBI Card OCTANE gives welcome benefits of 6,000 reward points (₹1,500). These reward points will be given after making the first payment of joining fees as a gracious perk. Besides new cardholders, this makes collecting reward points hassle-free as there's immediate redeemable options.

5. Milestone Benefits

These allowances with regard to expenditure targets serve as additional incentive rewards for BPCL SBI Card OCTANE users.

Fuel & Retail Spending Reward Schemes:

Redeemable reward points of 2,500 are accrued per retail transaction of ₹1,00,000 spent on fuel (fuel surcharge excluded).

Anniversary Benefit:

Anniversary benefits will be given to cardholders who spend ₹200,000 or more in a year by waiving off their subsequent annual fee. These milestone benefits aid in maximizing your card's value.

By spending using your BPCL SBI Card OCTANE for both fuel and retails, you will definitely achieve the spend requirements to unlock these additional benefits.

6. Lounge Access

In conjunction with international lounge access, the BPCL SBI Card OCTANE also provides domestic lounge access for frequent travelers.

Domestic Lounges:

In reaching ₹75,000 in spends in the previous quarter, cardholders are entitled to 4 complimentary domestic lounge visits at participating lounges per year.

International Lounges:

The card additionally offers 2 complimentary visits to international lounges via Priority Pass. Thereafter, the lounges charge a nominal fee for extra visits, making the BPCL SBI Card OCTANE a prime card for travelers who want sophisticated state of the art lounge access.

7. Other Features

Balance Transfer on EMI:

With this, you can shift your balances from other credit cards to the BPCL SBI Card OCTANE at lower interest rates, repaid through simple EMIs.

Flexipay:

For cardholders who wish to pay small amounts towards big ticket purchases, this option allows you to turn large expenses into easy EMIs.

Easy Bill Pay:

Settle your utility payments, such as your electricity, telephone, and water bills, from the SBI Card’s Easy Bill Pay feature.

Cash Withdrawal:

Worldwide ATM cash withdrawal option is available for a fee.

How To Maximize Your BPCL SBI Card OCTANE Benefits

To fully maximize the benefits of the BPCL SBI Card OCTANE, try out these tips:

Use it for Fuel Purchases: The card offers more reward points the more it is used at BPCL petrol stations. You earn 25 points per every hundred rupees spent on the card. Hence, you will amass rewards that can be redeemed for fuel or other benefits in a short time.

Take Advantage of Dining and Retail Offers: Using the card as an everyday card will help to earn ten points per every one hundred spent at designated dining and movie like grocery outlets and earn vouchers.

Achieve Definitive Targets: Impact the annual fees by hitting milestones like redeeming points worked towards and spending two hundred thousand rupees to remove the charge in the subsequent years. It is easy to achieve these goals by consistently fueling and shopping with the card.

Leverage Lounge Access: Make use of the complimentary lounge access benefit if you travel often.

Accessible both locally and internationally, lounge access provides a relaxing respite during your travel.

Why Opt for the BPCL SBI Card OCTANE?

The BPCL SBI Card OCTANE is a commendable option for people who retail shop frequently or refuel at BPCL fuel stations often. Its combination of fuel-related rewards along with dining and retail offers makes this card useful for diverse categories of participants.

Fuel-Centric Benefits: If you’re someone who drives regularly, this card’s fuel surcharge waiver and generous reward points on BPCL purchases are game changers.

Comprehensive Rewards Program: Almost every category of expenditure is rewarded on, from dining to travel on the BPCL SBI Card OCTANE.

Exclusive Travel: Complimentary travel lounge access and other travel related benefits make it ideal for frequent flyers.

Conclusion

The BPCL SBI Card OCTANE does seem to provide numerous rewarding opportunities. For individuals who wish to optimize fuel and daily spending, this credit card is undoubtedly advantageous. Its exemplary features such as fuel rewards, dining offers, and even lounge access shows how catering to differing spending needs can fulfill many requirements with one card.

The card is especially valuable for anyone who travels a lot and spends a lot on fuel. BPCL SBI Card OCTANE can be a great travel companion for BPCL loyalists as it enhances the value of routine spending. The latest offers can also be checked and applications submitted from the site directly.