BPCL SBI Card OCTANE vs ICICI HPCL Super Saver: Which Fuel Card Pays?

Choose BPCL SBI Card OCTANE if you fill up at BPCL and put about ₹2 lakh a year on the card: in our ₹25,000 a month profile it returned ₹10,220 a year against ₹4,920 on the ICICI Bank HPCL Super Saver. Choose the HPCL card if your pump is HPCL, your spending is light, or you want a ₹500 fee and a published income floor of ₹20,000 a month.

By Rashmi Mandana · Content Writer Updated 5 November 2026 Reviewed by BankCreds Financial Experts

In short

BPCL SBI Card OCTANE pays far more to drivers who use BPCL and spend ₹2 lakh a year on it, while ICICI HPCL Super Saver is the cheaper, easier card for light spenders who fill up at HPCL.

Best for

OCTANE: BPCL users spending ₹5,000 to ₹10,000 a month on fuel
OCTANE: families with big grocery and dining bills, at 10 points per ₹100
HPCL Super Saver: HPCL users with modest fuel bills and a smaller budget

Skip it if

You fill up wherever is nearest, since both pay their fuel rate only at one company's pumps
You pay for fuel by UPI on OCTANE, which earns no points or waiver

Highlights

OCTANE: ₹1,499 + GST, reversed on ₹2 lakh of yearly spend
HPCL Super Saver: ₹500 + GST, waived on ₹1.5 lakh
OCTANE: 25 points per ₹100 at BPCL, up to 2,500 points a cycle
HPCL Super Saver: 4% at HPCL, capped at ₹200 a month
Both are RuPay cards that work on UPI

Side by side

Every term from the banks' own pages, last verified 5 November 2026.
Term	BPCL SBI Card OCTANE	ICICI Bank HPCL Super Saver Credit Card
Bank	SBI Card	ICICI Bank
Joining fee	₹1,499 + GST	₹500 + GST
Annual fee and waiver	₹1,499 + GST. Renewal Fee is reversible if annual spend for last year ≥ Rs. 200,000	₹500 + GST. Annual fee waived from the 2nd anniversary year if total spends are ₹1,50,000 or more in the previous anniversary year (fee for the subsequent year reversed)
Base reward	1 Reward Point per Rs (about 0.25% value)	2 ICICI Bank reward points per ₹100 on other retail spends...
Best category	BPCL fuel and lubricants at BPCL pumps: about 6.25% value	Utilities and departmental stores: about 5% value
Lounges	Domestic: 4 complimentary domestic lounge visits per calendar year (max 1 per quarter); from 10 Jan 2026 only at lounges in SBI Card's 'Set A' list International: None listed	Domestic: 1 domestic airport lounge access per quarter (primary) on ₹75,000 spend in the preceding quarter International: None
Forex markup	3.5% of the amount	3.5% of the amount
Network	Visa, RuPay	RuPay
Published minimum income	Stable income; SBI Card says the specific minimum varies by card and does not...	₹20,000 a month
Status	Taking applications	Taking applications
Add-on card fee	Nil	₹199 + GST
Earned as	Reward Points	Cashback on fuel (statement) plus ICICI Bank Reward Points
Higher-reward categories	BPCL fuel and lubricants at BPCL pumps: 25 Reward Points per Rs.100 (25X; 6.25% value, '7.25% value back' with the 1% surcharge waiver), about 6.25% value (Max. of 2500 Reward Points per statement cycle, statement cycle) Bharat Gas LPG bookings on Bharat Gas website and app: 25 Reward Points per Rs.100, about 6.25% value (capped at 500 Reward Points per billing cycle, billing cycle) Groceries, departmental stores, movies, dining: 10 Reward Points per Rs.100 (10X), about 2.5% value (maximum cap of 7,500 Reward Points per month, ₹7,500, month)	Fuel at HPCL pumps and HP Pay app: 4% cashback plus 1% surcharge waiver (₹400 to ₹4,000 transactions), about 4% value (4% cashback capped at ₹200 per month, month) Fuel via HP Pay app at HPCL outlets: additional 1.5% as 6 Happy Coins per ₹100 in the HP Pay wallet, about 1.5% value (No cap stated) Utilities and departmental stores: 20 ICICI Bank reward points per ₹100 (issuer calls it a 5% benefit), about 5% value (400 reward points per statement cycle, statement cycle)
No rewards on	Fuel paid by UPI (RuPay) at BPCL pumps Fuel at non-BPCL petrol pumps e-Wallet loads (MCC 6540, 6541) Rent (MCC 6513) since 15 Apr 2024 Balance transfer, cash advance, Flexipay, merchant EMI Financial charges, disputed transactions	Fuel transactions (for reward points) Cash advances Interest, late fees and other charges Joining and renewal fees EMI, balance transfer and personal loan on card Rent E-wallet loads
Value of a point	Free fuel at BPCL outlets (instant POS redemption) or BPCL fuel e-vouchers: 4 Reward Point gives you Rs. 1 of free fuel; no minimum points for instant redemption Statement debit / general value: 1 RP = Rs. 0.25; 4 Reward Points = Re. 1 Shop & Smile catalogue: Not stated	Implied by issuer wording: Issuer says 20 points per ₹100 is a '5% benefit' / '5% cashback', which implies about ₹0.25 per point; no explicit per-point value published
Redemption fee	Rs. 99 + taxes on physical products, statement credit and physically sent vouchers (MITC); not stated for BPCL instant fuel redemption	₹99 + GST per redemption (MITC)
Expiry	Points not redeemed within 12 months of the enrolment year can be carried over one more year; unused points lapse at the end of the second year (about 24 months)	3 years from issuance
Welcome benefits	6,000 bonus Reward Points (stated worth Rs. 1,500) on payment of annual fee, credited within 30 days	2,000 ICICI Bank reward points after 2 statement cycles if the joining fee is paid and ₹5,000 is spent within 45 days of issuance (fee-paying cards only)
Milestone benefits	e-Gift vouchers worth Rs. 2,000 from Aditya Birla Fashion or Yatra or Hush Puppies on annual spends of Rs. 3 lakh Renewal fee reversed on annual spends of Rs. 2 lakh	None published
Fuel surcharge waiver	1% waiver at BPCL petrol pumps on transactions up to Rs. 4,000 (only on card swipe at POS), max Rs. 100 per statement cycle; not on fuel paid by UPI	1% surcharge waiver at HPCL outlets on ₹400 to ₹4,000 transactions (over and above 4% cashback); HP Pay wallet loads do not qualify
Insurance cover	Complimentary fraud liability cover of Rs. 1 lakh	Personal accident cover up to ₹2 lakh (RuPay variants only)
Interest on unpaid balances	Up to 3.75% a month (45% a year)	Up to 3.75% a month (45% a year)
Late payment fee	Nil up to Rs.100; Rs.100 (Rs.100-500); Rs.500 (Rs.500-1,000); Rs.750 (Rs.1,000-10,000); Rs.950 (Rs.10,000-25,000); Rs.1,100 (Rs.25,000-50,000); Rs.1,300 (above Rs.50,000) of outstanding amount due; plus Rs.100 additional if MAD is missed two consecutive cycles (continues each cycle until MAD is cleared). Taxes extra.	₹0 if outstanding below ₹100; ₹100 (₹100 to ₹500); ₹500 (₹501 to ₹1,000); ₹600 (₹1,001 to ₹5,000); ₹750 (₹5,001 to ₹10,000); ₹900 (₹10,001 to ₹25,000); ₹1,100 (₹25,001 to ₹50,000); ₹1,300 (above ₹50,000). Outstanding = Total Amount Due minus payments before due date; levied if MAD unpaid after due date plus 3 days.
Cash withdrawal	2.5% of transaction amount, minimum Rs.500, at domestic and international ATMs; finance charges from the date of withdrawal (no free credit period); max Rs.15,000 cash per day at ATMs (MCC 6011), within cash limit.	2.5% of amount, minimum ₹500, plus interest at 3.75% per month from the transaction date
Age (salaried)	21 years or above (minimum). Maximum age stated as 60 years in one place and 70 years in another on SBI Card's listing page	21 to 65 years (FAQ)
Income (salaried)	Stable income; SBI Card says the specific minimum varies by card and does not publish it for this card	Monthly income of ₹20,000
Income (self-employed)	Stable income; minimum not published for this card	Annual income of at least ₹2,40,000
Documents	PAN card (for digital KYC) Copy of Aadhaar card with first 8 digits masked, or any valid government address proof (for digital KYC) Income documents such as salary slip or income tax return may be required, depending on card eligibility and SBI Card policy	Proof of identity Proof of address Income proof
Last verified	5 November 2026	5 November 2026

A BPCL card and an HPCL card: start with your pump

These both are fuel co-brands, and the first question is not which is better but which pump you pass on the way to work. The BPCL SBI Card OCTANE pays 25 Reward Points per ₹100 at BPCL, which is 6.25% at ₹0.25 a point, plus 10 points per ₹100 on groceries, departmental stores, dining and movies. The ICICI Bank HPCL Super Saver Credit Card pays 4% cashback at HPCL and on the HP Pay app, and 20 points per ₹100 on groceries, utilities and departmental stores. Use either one at the other company pump and the fuel reward vanish.

The verdict in two sentences. A BPCL driver who spends ₹2 lakh a year on the card does much more better with OCTANE, because its caps are higher and its fee gets reversed. An HPCL user with fuel under ₹5,000 a month, or anyone wanting a cheap first fuel card, is better off with the ICICI card.

The caps decide more than the rates

OCTANE's fuel points stop at 2,500 a statement cycle, which is ₹10,000 of fuel (2,500 divided by 25, times ₹100) and ₹625 of value (2,500 times ₹0.25). HPCL Super Saver's 4% stops at ₹200 a month, which is reached at just ₹5,000 of fuel (₹200 divided by 4%). So for the long-distance driver, the ICICI card run out of steam at half the spend.

Changes to know

OCTANE: rent stopped earning points on 15 April 2024; since 10 January 2026 its lounge visits work only at lounges on SBI Card's "Set A" list; and from 1 December 2026 SBI Card charges 1% on total fuel spends above ₹50,000 in a billing cycle.
HPCL Super Saver: rent and wallet loads stopped earning on 5 February 2024, lounge access needs ₹75,000 of quarterly spend from 1 January 2025, and transport points are capped at ₹10,000 a cycle from 1 February 2026.

Fees: ₹1,499 against ₹500, and very different waivers

OCTANE costs ₹1,499 plus GST to join and the same every year, which is ₹1,768.82 with 18% GST (₹1,499 plus ₹269.82). The renewal fee is reversed if you spent ₹2,00,000 in the previous card year, about ₹16,667 a month. HPCL Super Saver costs ₹500 plus GST, so ₹590, and from the second anniversary year it is waived on ₹1,50,000 of spends, ₹12,500 a month (₹1,50,000 divided by 12). A add-on is free on OCTANE but ₹199 on the ICICI card.

Charge	BPCL SBI Card OCTANE	ICICI HPCL Super Saver
Joining and annual fee	₹1,499 + GST each	₹500 + GST each
Fee waiver	Renewal reversed on ₹2 lakh	Waived on ₹1.5 lakh, from year 2
Interest	3.75% a month (45% a year)	3.75% a month (45% a year)
Late fee on a ₹20,000 bill	₹950	₹900
Fuel fee	1% of total fuel above ₹50,000 a cycle, from 1 December 2026	1% on a fuel transaction above ₹10,000
Rent	₹199 + taxes a payment	1% fee
Wallet loads	1% on each load above ₹1,000	1% on loads of ₹5,000 or more
Redemption fee	₹99 on statement credit and physical items	₹99 + GST a redemption
Forex mark-up	3.5%	3.5%

The fuel fees matter for this pair specially. ICICI charges 1% on any single fuel transaction above ₹10,000, so a truck owner or someone filling a big SUV tank in one go pays it. SBI Card's new fee from 1 December 2026 only bite when all fuel in a cycle crosses ₹50,000, far above what OCTANE rewards anyway.

Rest everything is close only. Both charge 3.75% a month, 2.5% or at least ₹500 on cash withdrawals and a 3.5% forex mark-up. SBI Card adds ₹100 to the late fee when the minimum is missed two cycles running, and charges ₹250 for paying cash at a branch against ICICI's ₹150. OCTANE's ₹99 redemption fee is not stated for instant fuel redemption at BPCL, the way most people uses the points.

Rewards: how far each card's fuel rate goes

BPCL SBI Card OCTANE

25 points per ₹100 on BPCL fuel and lubricants, up to 2,500 points a statement cycle, with no minimum fill.
25 points per ₹100 on Bharat Gas LPG booked on its website or app, up to 500 points a cycle.
10 points per ₹100 on groceries, departmental stores, movies and dining, up to 7,500 points a month, though Metro Cash and Carry and Walmart don't get the higher rate.
1 point per ₹100 on other retail spends; nothing on non-BPCL fuel, wallet loads, rent or fuel paid by UPI.

A point is worth ₹0.25, and 4 points gives ₹1 of free fuel at a BPCL pump, with no minimum for instant redemption. Points lapses at the end of the second year after the year earned.

ICICI HPCL Super Saver

4% cashback at HPCL pumps and on the HP Pay app, capped at ₹200 a month, credited to the statement.
An extra 1.5% as Happy Coins in the HP Pay wallet when you pay through the HP Pay app.
20 points per ₹100 on groceries, departmental stores and utility, telecom, government and tax payments, capped at 400 points a cycle, which is reached at ₹2,000 of spend.
2 points per ₹100 elsewhere, and no points on fuel, rent or wallet loads.

ICICI publishes no rupee value per point, but it calls the 20 points per ₹100 a 5% benefit, which only work out if a point is ₹0.25. We use that figure, but treat it as ICICI's wording rather than a published rate. Points last 3 years.

Three spend profiles, each card at its own pump

Fills are ₹4,000 or less and paid by swiping the card, so the surcharge waiver apply on both. Fees are for a renewal year with GST, and ICICI's bucket points above its 400 cap are counted as nothing extra.

Monthly spend	Light: ₹15,000	Typical: ₹25,000	Heavy: ₹40,000
Fuel at the card's own pump	₹3,000	₹6,000	₹12,000
Groceries	₹4,000	₹6,000	₹8,000
Dining	₹1,000	₹3,000	₹4,000
Phone and power bills	₹2,000	₹3,000	₹4,000
Other spends	₹5,000	₹7,000	₹12,000
OCTANE, a month	₹360	₹685	₹1,065
HPCL Super Saver, a month	₹280	₹410	₹500
OCTANE, a year with vouchers, after fee	₹2,551.18	₹10,220	₹14,780
HPCL Super Saver, a year after fee	₹3,360	₹4,920	₹6,000

Light. OCTANE earns 750 points on fuel, 500 on ₹5,000 of groceries and dining, 20 on bills and 50 on the rest, so 1,320 points, ₹330, plus a ₹30 waiver (1% of ₹3,000): ₹360 a month, ₹4,320 a year. Yearly spend of ₹1,80,000 (₹15,000 times 12) misses the ₹2 lakh mark, so the ₹1,768.82 fee stays and the net is ₹2,551.18. The HPCL card gives ₹120 cashback (4% of ₹3,000), a ₹30 waiver, 400 capped points on ₹6,000 of groceries and bills and 120 points on ₹6,000 of dining and other spends, which is 520 points or ₹130: ₹280 a month, ₹3,360 a year, fee waived. At this level the cheap card win.

Typical. OCTANE: 1,500 fuel points, 900 on ₹9,000 of groceries and dining, 30 on bills and 70 on the rest make exactly 2,500 points, ₹625, plus a ₹60 waiver, so ₹685 a month and ₹8,220 a year. ₹3,00,000 of yearly spend (₹25,000 times 12) reverses the fee and earns the ₹2,000 e-gift voucher, total ₹10,220. HPCL: 4% of ₹6,000 is ₹240 but the cap is ₹200, the waiver is ₹60, and 400 plus 200 points are ₹150, so ₹410 a month (₹200 plus ₹60 plus ₹150) or ₹4,920 a year.

Heavy. OCTANE's fuel points hit the 2,500 cap (₹12,000 would earn 3,000), groceries and dining add 1,200 on ₹12,000, bills 40 and the rest 120, so 3,860 points or ₹965, and the waiver stops at its ₹100 cap: ₹1,065 a month, ₹12,780 a year, plus the ₹2,000 voucher, ₹14,780. HPCL: ₹200 of cashback, a ₹120 waiver and 720 points (400 plus 320) worth ₹180, so ₹500 a month or ₹6,000 a year. ICICI states no monthly cap on its waiver, if one applies the figure would be lower.

Benefits: surcharge waivers, lounges, covers and welcome points

Fuel surcharge waiver

OCTANE waives the 1% surcharge at BPCL on fills up to ₹4,000, but only when you swipe the card at the machine, and only up to ₹100 a statement cycle. Pay by UPI with the RuPay card and you get neither waiver nor points, a detail many drivers learns the hard way. HPCL Super Saver waives 1% at HPCL on fills of ₹400 to ₹4,000, on top of the 4% cashback, but HP Pay wallet loads don't qualify for it.

Lounges

OCTANE gives 4 complimentary domestic lounge visits a calendar year, at most 1 a quarter, with no spend condition, but since 10 January 2026 only at lounges on SBI Card's Set A list, which covers 16 lounges in 8 cities. HPCL Super Saver gives 1 domestic visit a quarter, and only after ₹75,000 of spend in the previous quarter, so in our heavy profile with ₹1,20,000 a quarter (₹40,000 times 3) you would qualify and in the others not.

Covers and extras

OCTANE includes fraud liability cover of ₹1 lakh. HPCL Super Saver's RuPay version carries personal accident cover of up to ₹2 lakh and 24/7 roadside assistance, though the assistance need the fee to be paid.
Movies: OCTANE earns 10 points per ₹100 on movie tickets. The ICICI card gives 25% off up to ₹100 twice a month on BookMyShow and INOX, with BookMyShow needing ₹25,000 of quarterly spend.
Cooking gas: only OCTANE give reward on Bharat Gas bookings, at 25 points per ₹100 up to 500 points a cycle.

Welcome and milestone benefits

OCTANE credits 6,000 bonus points, worth ₹1,500, within 30 days of paying the annual fee, and an e-gift voucher of ₹2,000 from Aditya Birla Fashion, Yatra or Hush Puppies on ₹3 lakh of yearly spend. HPCL Super Saver gives 2,000 points after 2 statement cycles if the joining fee is paid and ₹5,000 is spent within 45 days, worth ₹500 on ICICI's own 5% wording (2,000 times ₹0.25). No milestone is there on the ICICI card.

Both are RuPay cards that work on UPI and both charge 3.5% abroad, so neither are a travel card. For other pumps, see our IndianOil HDFC Bank vs IndianOil Axis Bank comparison.

Eligibility: one bank publishes an income floor, the other doesn't

Rule	BPCL SBI Card OCTANE	ICICI HPCL Super Saver
Age, salaried	21 minimum; maximum given as 60 and as 70	21 to 65 years
Age, self-employed	Above 25 for online applications	21 to 65 years
Income	Not published by SBI Card	₹20,000 a month salaried; ₹2,40,000 a year self-employed
Documents	PAN, masked Aadhaar or address proof, income proof if asked	Identity, address and income proof

SBI Card publish no minimum income for any of its cards, OCTANE included, and its own eligibility page gives the maximum age as 60 in one place and 70 in another, so check with the bank if you are near either. It asks for a stable income, prefers a credit score between 750 and 900, and needs your home to be in a location SBI Card services. Retired pensioners above 40 can also apply online. You can apply on SBI Card's website, by phone or at an SBI branch.

ICICI is more clear: ₹20,000 a month for salaried applicants, ₹2,40,000 a year for the self-employed, ages 21 to 65, apply online or in the iMobile app. That low floor make HPCL Super Saver one of the easier fuel cards to aim for, if the published figure matters to you.

Clearing a floor is not approval, the bank decides. Under the RBI's 2025 card Directions it must look at your own financial means and existing limits, and tell you the specific reasons in writing if it says no. To chase an application, use the numbers on our SBI Card customer care and ICICI Bank customer care pages.

Pros and cons

Pros

OCTANE: 25 points per ₹100 at BPCL, worth 6.25%, on up to ₹10,000 of fuel a cycle
OCTANE: 10 points per ₹100 on groceries, dining, movies and departmental stores
OCTANE: renewal fee reversed on ₹2 lakh, plus a ₹2,000 voucher at ₹3 lakh
HPCL Super Saver: ₹500 + GST fee, waived on ₹1.5 lakh from the second year
HPCL Super Saver: published income floor of ₹20,000 a month

Cons

OCTANE: ₹1,499 + GST fee hurts light spenders below ₹2 lakh a year
OCTANE: fuel paid by UPI earns no points and no surcharge waiver
HPCL Super Saver: 4% fuel cashback stops at ₹200 a month, or ₹5,000 of fuel
HPCL Super Saver: 400-point cap a cycle on groceries and bills, and 1% fee on a fuel transaction above ₹10,000

Frequently asked questions

Which fuel card gives more, BPCL SBI OCTANE or ICICI HPCL Super Saver?

At BPCL, OCTANE gives more for most drivers: 25 points per ₹100, worth 6.25%, on up to ₹10,000 of fuel a cycle. HPCL Super Saver gives 4% at HPCL but stops at ₹200 a month. In our ₹25,000 a month profile OCTANE returned ₹10,220 a year and the HPCL card ₹4,920. Below ₹2 lakh a year of spend, the HPCL card can come out ahead.

What are the fees and waivers on these two cards?

OCTANE costs ₹1,499 plus GST to join and each year, with the renewal fee reversed when the previous year's spend reaches ₹2 lakh. HPCL Super Saver costs ₹500 plus GST, waived from the second anniversary year on ₹1.5 lakh of spends. With 18% GST that is ₹1,768.82 against ₹590 a year.

Can I pay for fuel by UPI with these cards?

Both are RuPay cards that work on UPI, but on OCTANE fuel paid by UPI at BPCL pumps earns no points and no surcharge waiver; the waiver needs a card swipe at the machine. On the ICICI card the 4% applies at HPCL pumps and on the HP Pay app, which adds 1.5% as Happy Coins.

Who is eligible for OCTANE and HPCL Super Saver?

SBI Card publishes no minimum income for OCTANE; salaried applicants must be at least 21, with the maximum age given as 60 in one place and 70 in another, and self-employed applicants above 25. ICICI asks for ages 21 to 65 and ₹20,000 a month salaried or ₹2,40,000 a year self-employed. Approval is the bank's decision.

What changes on SBI fuel cards from 1 December 2026?

From 1 December 2026 SBI Card charges 1% on total fuel spends when they cross ₹50,000 in a billing cycle, on all its cards including OCTANE. Since OCTANE's fuel points already stop at ₹10,000 of fuel a cycle, few OCTANE users will reach that fee. ICICI already charges 1% on any single fuel transaction above ₹10,000.

Do these fuel cards give airport lounge access?

Yes, a little. OCTANE gives 4 domestic lounge visits a calendar year, at most 1 a quarter, with no spend condition, but only at lounges on SBI Card's Set A list since 10 January 2026. HPCL Super Saver gives 1 domestic visit a quarter after ₹75,000 of spend in the previous quarter. Neither gives international lounge access.

Sources

SBI Cards and Payment Services Ltd: Most Important Terms & Conditions (PDF 'MITC- Common-30OCT26', Ver FY 27, 16); BPCL SBI Card OCTANE T&C booklet; BPCL SBI Card OCTANE product page (page content served from SBI Card's card data file); SBI Card credit card listing (data feed behind the 'Credit Cards' listing page and card finder); SBI Card credit cards listing page, 'Get ready to apply' checklist (content file /templatedata/common/content-tab); SBI Card credit cards listing page, 'Get ready to apply' checklist
ICICI Bank Limited: Most Important Terms and Conditions (MITC), credit cards; Terms and Conditions for ICICI Bank HPCL Super Saver Credit Card; ICICI Bank HPCL Super Saver Credit Card; ICICI Bank RuPay Credit Card

Last verified: 5 November 2026

Written by Rashmi Mandana, reviewed by BankCreds Financial Experts

BankCreds does not sell cards or take applications. Fees and rewards change; the bank's own terms on the day you apply are what count, and approval is the bank's decision.