BPCL SBI Card Review: 13X Points on BPCL Fuel for a ₹499 Fee

BPCL SBI Card is SBI Card's entry fuel card: ₹499 a year plus GST for 13 Reward Points per ₹100 at BPCL pumps, which is 3.25% at ₹0.25 a point, and 5 points per ₹100 at grocery and departmental stores, restaurants and cinemas. Fuel points stop at 1,300 a cycle, which is ₹10,000 of fuel, and nothing is earned on fuel paid through UPI. Since 1 May 2026 the fee is reversed only after ₹1 lakh of yearly spend, up from ₹50,000.

By Ramesh Kulkarni · Content Writer Updated 5 November 2026 Reviewed by BankCreds Financial Experts

Key facts

Joining fee: ₹499 + GST
Annual fee: ₹499 + GST. W.e.f. 1 May 2026, Annual Fee of Rs.499 for BPCL SBI Credit Card will be reversed upon reaching annual spends of Rs.1 Lakh, revised from existing spends of Rs.50,000.
Base reward: 1 Reward point per Rs (about 0.25% value)
Best category: BPCL fuel at BPCL petrol pumps: about 3.25% value
Lounge: Domestic: None listed International: None listed
Forex markup: 3.5% of the amount
Network: Visa, RuPay

Apply on SBI Card's site

Opens the bank's own page for this card. Approval and the credit limit are the bank's decision.

In short

A sensible low-fee card for BPCL customers who fill up ₹2,000 to ₹10,000 a month by swiping, and of little use to anyone who buys fuel at other pumps.

Best for

Two-wheeler and small-car owners whose regular pump is a BPCL outlet
First-time card users who want a ₹499 card with a clear fuel benefit
People who want a RuPay card for UPI payments at shops

Skip it if

You fill up at HPCL, IndianOil or other non-BPCL pumps
Your yearly card spend stays below ₹1 lakh, so the fee is never reversed
You need lounge access or low forex charges

Highlights

Annual fee ₹499 plus GST, reversed at ₹1 lakh of yearly spend from 1 May 2026
13 points per ₹100 (3.25%) on BPCL fuel, up to 1,300 points a cycle
5 points per ₹100 (1.25%) on groceries, dining, movies and departmental stores
2,000 welcome points worth ₹500
1% surcharge refund at BPCL, up to ₹100 a cycle

BPCL SBI Card in brief

SBI Card issues this card with Bharat Petroleum Corporation Ltd for people who want a fuel benefit without a big fee. It costs ₹1,000 a year less than its sibling, the ₹1,499 OCTANE. The "4.25% value back" in its advertising are made of two parts: 13 points per ₹100 at BPCL, worth 3.25%, and the 1% surcharge refund at the pump.

You can take it on Visa or RuPay. The RuPay one links to UPI for paying shops, but fuel paid through UPI at a BPCL pump earns no points and no refund. Every other SBI Card option is on our SBI Card hub.

What matters most

A ₹10,000 ceiling. Fuel points stop at 1,300 a statement cycle, which is ₹10,000 of fuel (1,300 divided by 13, times ₹100), and the terms say points are earned on a maximum spend of ₹10,000 a month.
Swipe, don't scan. The refund needs a card swipe at the POS machine on fills up to ₹4,000, and it cap at ₹100 a cycle.
A higher waiver bar. From 1 May 2026 the ₹499 fee is reversed only after ₹1 lakh of spend in a year, double the earlier ₹50,000.

Recent changes

The waiver change is the big one for this card. Rent has earned nothing since 1 July 2023. Across SBI cards, interest rose to 3.75% a month from 1 November 2024, wallet loads above ₹1,000 attract 1% from 1 November 2025, and from 1 December 2026 a 1% fee hits a cycle's fuel spend above ₹50,000, a level what few BPCL card users will come near. The card is active and taking applications.

BPCL SBI Card fees and charges

₹499 a year, and when you get it back

Joining and renewal fees are ₹499 each. GST at 18% adds ₹89.82, so the bill is ₹588.82. Add-on cards are free. The renewal fee is reversed when the previous year's spend reaches ₹1 lakh, about ₹8,334 a month (₹1,00,000 divided by 12 is ₹8,333.33).

Will a normal user get there? A rider spending ₹2,000 on fuel and ₹4,000 on groceries a month reaches ₹72,000 a year (₹6,000 times 12) and pays the fee. Add the phone bill, some shopping and eating out and ₹1 lakh comes more easy. The 2,000 welcome points, worth ₹500, arrive within 20 days of paying the joining fee and cover most of the first bill.

At the pump

Pumps add a surcharge to card payments. This card refunds 1% at BPCL on swiped transactions up to ₹4,000, at most ₹100 a cycle. A single ₹5,000 fill gets nothing back, so split it in two transaction. RuPay UPI payments for fuel get no refund at all.

Interest and penalties

A carried balance costs 3.75% a month, 45% a year, and the 20 to 50 interest-free days need last month's bill cleared in full. Late fees go from ₹100 on dues above ₹100 to ₹1,300 above ₹50,000, plus ₹100 each cycle after two missed minimums in a row, all before taxes. Paying cash at SBI branch costs ₹250 and by cheque ₹200, a fee in place since 15 September 2025; UPI, NEFT and BBPS payments are free.

Other charges

ATM cash: 2.5%, at least ₹500, with interest from the day you withdraw.
Foreign spends: 3.5% markup, also on rupee payments of ₹1,000 or more to merchants based abroad.
Rent ₹199 plus taxes per payment; wallet loads above ₹1,000 and third-party-app education payments 1%.
Utility bills: 1% of the total if they pass ₹50,000 in a cycle. From 1 December 2026 transport transactions above ₹30,000, 1% also.

BPCL: fees and charges

Joining fee	₹499 + GST
Annual or renewal fee	₹499 + GST
Annual fee waiver	W.e.f. 1 May 2026, Annual Fee of Rs.499 for BPCL SBI Credit Card will be reversed upon reaching annual spends of Rs.1 Lakh, revised from existing spends of Rs.50,000.
Add-on card fee	Nil
GST	Charged on top of the fees and charges listed
In the bank’s words	Annual Fee: Rs. 499 + taxes; Renewal Fee (per annum): Rs. 499 + taxes; Add-on Fee (per annum): Nil
Interest on unpaid balances	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.
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.
Over-limit fee	2.5% of overlimit amount, minimum Rs.600, once per billing cycle; only if the cardholder has consented to over-limit use
Forex markup	3.5% of the amount
Other fees	Rent payments (MCC 6513): Rs.199 + taxes processing fee per transaction Utility payments (MCC 4900): 1% of total utility payments if they exceed Rs.50,000 in a billing cycle (since 1 Dec 2024) Education payments via third-party apps (CRED, Cheq, MobiKwik etc.): 1% of amount (since 1 Nov 2025); paying the school or college directly is free Wallet loads (MCC 6540, 6541): 1% of every load above Rs.1,000 (since 1 Nov 2025) Transportation (MCC 4111, 4784, 4131): 1% of every transaction above Rs.30,000 (from 1 Dec 2026) Fuel (MCC 5172, 5541, 5542, 5983): 1% of total fuel spends if they exceed Rs.50,000 in a billing cycle (from 1 Dec 2026) Dynamic currency conversion fee on INR transactions of Rs.1,000 or more at international locations or overseas-registered merchants: same rate as the card's forex markup Cash payment at SBI branch: Rs.250; cheque payment: Rs.200; payment dishonour: 2% of amount, minimum Rs.500 Card replacement: Rs.100 to Rs.250 (Rs.1,500 for AURUM) Reward redemption fee: Rs.99 on physical products, statement credit and physically sent vouchers (not on AURUM) Priority Pass lounge use beyond complimentary visits: up to USD 27 per visit + taxes Minimum finance charge Rs.25; interest-free period 20 to 50 days on retail purchases only if previous balance paid in full; 3-day grace period after due date

BPCL SBI Card rewards and three fuel budgets

Where the points come from

A point is worth ₹0.25, so 13 points per ₹100 of BPCL fuel is 3.25% and 5 points per ₹100 on groceries, departmental stores, movies and dining is 1.25%. Everything else gets 1 point per ₹100, a thin 0.25%. The grocery and dining rate stops at 5,000 points a month, which only a ₹1 lakh spend on those reach (5,000 divided by 5, times ₹100).

Nothing is earned on fuel at other pumps, fuel paid by UPI, wallet loads, rent, cash, balance transfers, Flexipay, merchant EMI, fees or disputed spends.

Redeeming

Fuel is the best use. Every 4 points buy ₹1 of fuel at a BPCL outlet, either instantly at the machine or through e-vouchers. Statement credit is valued the same but costs ₹99 plus taxes each time and, since 1 April 2026, works only in multiples of 4,000 points, so it is a costly price for small balances. Points last 24 months.

Three fuel budgets, worked out

Per month	Scooter rider	Car commuter	Long-distance driver
BPCL fuel, swiped in fills up to ₹4,000	₹2,000	₹6,000	₹14,000
Groceries, dining, movies	₹3,000	₹8,000	₹15,000
Other spends	₹2,000	₹5,000	₹10,000
Points a month	430	1,230	2,150
Points and refund a year	₹1,530	₹4,410	₹7,650
Renewal fee	₹588.82 paid	Reversed	Reversed

Scooter rider, ₹7,000 a month. Fuel earns 260 points, groceries and dining 150 and the rest 20, so 430 a month and 5,160 a year, worth ₹1,290. The refund adds ₹20 a month (1% of ₹2,000), ₹240 a year, for ₹1,530. Yearly spend is ₹84,000, below ₹1 lakh, so after the ₹588.82 fee you keep ₹941.18.

Car commuter, ₹19,000 a month. 780 fuel points, 400 from groceries and dining and 50 from other spends give 1,230 a month, 14,760 a year, worth ₹3,690. The refund is ₹60 a month, ₹720 a year, so ₹4,410. Yearly spend of ₹2,28,000 clears ₹1 lakh easy, and the fee is reversed.

Long-distance driver, ₹39,000 a month. ₹14,000 of fuel would earn 1,820 points but the cap stops it at 1,300, so ₹4,000 of fuel adds nothing. Groceries and dining give 750 and other spends 100, so 2,150 a month, 25,800 a year, worth ₹6,450. The refund too hits its cap, ₹100 a month or ₹1,200 a year, for ₹7,650, and the fee is reversed.

BPCL: higher-reward categories

Category	Rate	Cap
BPCL fuel at BPCL petrol pumps	13 Reward Points per Rs.100 (13X; 3.25% value, '4.25% value back' with the 1% surcharge waiver), about 3.25% value	Max. of 1300 Reward Points per statement cycle, statement cycle
Groceries (5411), departmental stores (5311), movies (7832, 7922), dining (5812, 5813, 5814)	5 Reward Points per Rs.100 (5X), about 1.25% value	maximum cap of 5,000 Reward Points per month, ₹5,000, month

BPCL: how rewards work

Earned as	Reward Points
Base rate	1 Reward point per Rs. 100 spent on other retail purchases (except mobile wallet upload and non-BPCL fuel spend). About 0.25% value back
Minimum spend rules	No minimum threshold for the BPCL fuel benefit
No rewards on	Fuel paid by UPI (RuPay) at BPCL pumps Fuel at other petrol pumps (MCC 5172, 5541, 5542, 5983) e-Wallet loads (MCC 6540, 6541) Rent (since 1 Jul 2023 per customer notice) Balance transfer, cash advance, Flexipay, merchant EMI Financial charges, disputed transactions
Lower rewards on	None published
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 Statement credit: 4 Reward Points = Re. 1
Redemption fee	Rs. 99 + taxes on physical products, statement credit and physically sent vouchers (MITC); not stated for BPCL instant fuel redemption
Expiry	24 months (MITC)
Welcome benefits	2,000 bonus Reward Points (stated worth Rs. 500), credited within 20 days of joining fee payment
Milestone benefits	Annual fee reversed on annual spends of Rs. 1 lakh (from 1 May 2026; earlier Rs. 50,000)
Lounge access	Domestic: None listed International: None listed
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
Insurance cover	None listed on card page

Who can get a BPCL SBI Card, and how

There is no special rule for this card; SBI Card's general checklist applies. You must be 21 or more if salaried, above 25 if self-employed and applying online, or above 40 as a retired pensioner. For the upper limit SBI Card's eligibility page gives two answers, 60 years in its checklist and 70 years in its FAQ, and do not say which applies.

No minimum income is published for this or any SBI card. The card finder puts BPCL in the "Less than 50K" monthly income band, which is only a browsing filter. The bank does list stable income, a positive credit history, a credit score it would like to see between 750 and 900, and a home in a place it serves. An SBI account isn't required, through it may help.

Documents to keep ready

PAN, used for digital KYC.
Aadhaar copy with the first 8 digits masked, or another government address proof.
A salary slip or ITR, physical or digital, if your profile calls for it.

Applying, and picking RuPay for UPI

Apply on SBI Card's website through the button on this page, through the ILA chatbot, on the helpline 39 02 02 02 (prefix your city code) or at a State Bank branch. Pick the RuPay variant if UPI matters. SBI's RuPay cards pay merchants only, with a daily cap of ₹5 lakh, or ₹1 lakh at small offline merchants, inside your card limit and ₹5,000 in the first 24 hours. There is no fee for link or pay. For help later, see our SBI Card customer care numbers.

The decision

RBI's 2025 card Directions make SBI Card check your own means and other card limits, hand you a Key Fact Statement and explain any rejection in writing. Whether you get the card and on what limit, SBI Card decides.

BPCL: eligibility and documents

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
Age (self-employed)	Above 25 years (minimum, for online application)
Income (salaried)	Stable income; SBI Card says the specific minimum varies by card and does not publish it for this card
Income (self-employed)	Stable income; minimum not published for this card
Other conditions	Positive credit history preferred; good credit score, preferably between 750 and 900; SBI banking relationship not mandatory; residence must be in a location serviced by SBI Card; retired pensioners above 40 can apply online. SBI Card's card finder files this card under monthly income 'Less than 50K' - a browsing filter, not a stated eligibility minimum.
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
How to apply	Online at sbicard.com (eApply; card pages carry an "Apply Now" link for cards sold online), through the chatbot ILA, by calling the SBI Card helpline 39 02 02 02 (prefix city STD code) or at the nearest SBI branch. Since 23 Sep 2026, SBI fixed-deposit holders can also apply for the secured "Advantage" variants (ELITE, PRIME, SimplyCLICK, SimplySAVE) on SBI's YONO app. Some co-brand cards (PhonePe, Google Pay Flex, Eternal) have no Apply button on sbicard.com.
Card customer care	1860 180 1290 / 1860 500 1290 / 39 02 02 02 (prefix local STD code) / 1800 180 1290 (toll free); AURUM: 1860 500 2000

These are the bank's published conditions. Meeting them does not guarantee a card: approval and the credit limit are the bank's decision.

BPCL SBI Card against other entry fuel cards

Fuel cards tie you to one oil company, so the right pick depends first on which pump you use. Here is how three alternatives compares.

BPCL SBI Card OCTANE

The OCTANE pays 25 points per ₹100 at BPCL (6.25%), capped at 2,500 a cycle, and 10 per ₹100 on groceries, dining, movies and departmental stores (2.5%). It costs ₹1,499, reversed at ₹2 lakh, gives 6,000 welcome points worth ₹1,500 and 4 domestic lounge visits a year at SBI Card's Set A lounges since 10 January 2026.

ICICI Bank HPCL Super Saver

The HPCL Super Saver costs ₹500 plus GST, waived from the second year at ₹1.5 lakh. It gives 4% cashback at HPCL, capped at ₹200 a month, plus a 1% waiver on fills of ₹400 to ₹4,000, and 20 points per ₹100 on utilities, groceries and departmental stores up to 400 points a cycle. On ₹6,000 of fuel it pays ₹200 (4% would be ₹240), near same as our ₹195 here (780 points at ₹0.25).

IndianOil HDFC Bank

The IndianOil HDFC Bank card costs ₹500 with a easy ₹50,000 waiver. It gives 5% as Fuel Points at IndianOil, capped at 150 Fuel Points a month after the first 6 months, which is ₹3,000 of fuel (150 divided by 5%). Each point is worth up to ₹0.96 through IndianOil XTRAREWARDS, so the cap is about ₹144 a month.

Your situation	Better choice
BPCL pump, ₹2,000 to ₹6,000 of fuel a month	BPCL SBI Card
BPCL pump, ₹8,000 or more of fuel a month	BPCL SBI Card OCTANE
HPCL pump, with groceries and bills on the same card	ICICI HPCL Super Saver
IndianOil pump and a small fuel bill	IndianOil HDFC Bank

We set OCTANE against the HPCL card in our OCTANE vs HPCL Super Saver comparison, and our best fuel cards list has more. Start from our credit cards guide if fuel isn't your main spend.

BPCL against similar cards

Term	BPCL SBI Card This card	BPCL SBI Card OCTANE	ICICI Bank HPCL Super Saver Credit Card	IndianOil HDFC Bank Credit Card
Bank	SBI Card	SBI Card	ICICI Bank	HDFC Bank
Joining fee	₹499 + GST	₹1,499 + GST	₹500 + GST	₹500 + GST
Annual fee and waiver	₹499 + GST. W.e.f. 1 May 2026, Annual Fee of Rs.499 for BPCL SBI Credit Card will be reversed upon reaching annual spends of Rs.1 Lakh, revised from existing spends of Rs.50,000.	₹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)	₹500 + GST. Renewal fee waived on annual spends of ₹50,000
Base reward	1 Reward point per Rs (about 0.25% value)	1 Reward Point per Rs (about 0.25% value)	2 ICICI Bank reward points per ₹100 on other retail spends...	1 Fuel Point for every ₹150 spent on other categories, including UPI...
Best category	BPCL fuel at BPCL petrol pumps: about 3.25% value	BPCL fuel and lubricants at BPCL pumps: about 6.25% value	Utilities and departmental stores: about 5% value	IndianOil fuel pumps and outlets: about 5% value
Lounges	Domestic: None listed International: None listed	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	Domestic: None International: None
Forex markup	3.5% of the amount	3.5% of the amount	3.5% of the amount	3.5% of the amount
Network	Visa, RuPay	Visa, RuPay	RuPay	RuPay
Published minimum income	Stable income; SBI Card says the specific minimum varies by card and does not...	Stable income; SBI Card says the specific minimum varies by card and does not...	₹20,000 a month	₹12,000 a month
Status	Taking applications	Taking applications	Taking applications	Taking applications

Frequently asked questions

What is the BPCL SBI Card annual fee, and when is it reversed?

The card costs ₹499 to join and ₹499 a year, plus 18% GST, so ₹588.82. From 1 May 2026 SBI Card reverses the annual fee when your spend in the previous year reaches ₹1 lakh, up from ₹50,000 earlier, which is about ₹8,334 a month. Add-on cards are free, and 2,000 welcome points worth ₹500 offset most of the first fee.

How much are BPCL SBI Card reward points worth?

A point is worth ₹0.25, because BPCL turns every 4 points into ₹1 of fuel, either instantly on the pump's machine or as fuel e-vouchers. Taking statement credit instead gives the same value but carries a ₹99 plus taxes fee, and since 1 April 2026 SBI Card allows it only in multiples of 4,000 points. Points expire after 24 months.

Who can apply for the BPCL SBI Card?

Salaried applicants aged 21 or more and self-employed applicants above 25 can apply, and SBI Card's page gives the upper age as 60 in one place and 70 in another. SBI Card publishes no minimum income for any card; it asks for stable income, a bureau score ideally in the 750 to 900 band and a home address in its service area. The decision rests with SBI Card.

Does the BPCL SBI Card have lounge access or low forex charges?

No. SBI Card lists no domestic or international lounge access for this card, and foreign currency spends carry a 3.5% markup, which also applies to rupee payments of ₹1,000 or more at merchants registered abroad. The card is built for fuel and daily spends, so frequent travellers should look at a travel card instead.

What changed on the BPCL SBI Card in 2026?

From 1 May 2026 the yearly spend needed to reverse the ₹499 annual fee went up from ₹50,000 to ₹1 lakh. Separately, from 1 December 2026 every SBI card charges 1% on a billing cycle's total fuel spend once it is above ₹50,000. Since fuel points on this card stop at ₹10,000 of fuel a cycle, few holders will come near that level.

Do I earn points if I pay for fuel by UPI with the BPCL SBI Card?

No. The card's terms exclude fuel paid through UPI on the RuPay card at BPCL pumps, so those payments earn no points and no 1% surcharge refund. Pay with the physical card on the pump's POS machine instead and keep each fill to ₹4,000 or below for the refund, which is capped at ₹100 a statement cycle.

Sources

SBI Cards and Payment Services Ltd: Most Important Terms & Conditions (PDF 'MITC- Common-30OCT26', Ver FY 27, 16); BPCL SBI Card T&C booklet; BPCL SBI Card T&C booklet (PDF title 'BPCL-VISA-Rupay T&C'); BPCL SBI Card product page (page content served from SBI Card's card data file); SBI Card Customer Notices ('Notices for Cardholders'); 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; SBI Card credit cards listing page FAQ (content file /templatedata/common/faq); SBI Card credit cards listing page FAQ

Last verified: 5 November 2026

Written by Ramesh Kulkarni, 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.