BPCL SBI Credit Card is a co-branded fuel credit card jointly launched by SBI Card and Bharat Petroleum Corporation Limited.. The credit card offers a wide range of rewards and benefits not just on purchases of fuel but also on groceries, departmental stores, dining, and entertainment.
Card Type: Fuel
Reward Benefits:
- BPCL Fuel Stations:
- You get 13x reward points on every Rs 100 spent on fuel purchases at BPCL stations.
- You can save a maximum of Rs 1300 in one billing cycle.
- This effectively gives you a 3.25% value back on fuel + 1% fuel surcharge waiver on transactions up to ₹4,000 (excluding GST).
- Other Categories:
- You get 5X reward points on every ₹100 spent on groceries, departmental stores, movies, and dining (limit of 5,000 reward points per month).
- You get 1 reward point for every Rs 100 on non-fuel purchases.
- Reward Points Redemption:
- You can redeem your credit card reward points in vouchers, gift cards, etc.
- The value of 4 reward points on this card is equal to Re 1.
Fees:
- Joining Fee: 499+GST
- Annual Fee: 499+GST
- Your annual fee is waived if you spend Rs 50,000 in a year.
Other Features and Benefits:
- Fuel Freedom: You can save up to Rs 1200 in a year and Rs 100 in a month by purchasing fuel at BPCL pumps.
- Add-on Cards: You can provide an add-on card facility to your family members
- Global Acceptance: This card is accepted worldwide for your transactions.
Welcome Bonus:
- Get 2,000 Activation Bonus Reward Points worth Rs. 500 as a welcome gift.
Additional Benefits:
- Balance Transfer on EMI
- Transfer the outstanding balance of other bank credit cards to your BPCL SBI Card, and avail a lower rate of interest and pay back in EMIs
- Utility Bill Payment
- You can pay all types of bills using the Easy Bill Pay facility of your BPCL SBI Card.
- Easy Money Facility
- You can get a draft or check against your cash limit and get it delivered to your doorstep and repay the cash limit taken in easy installments
Eligibility Criteria
- For Salaried Indian Nationals:
- Age: Min 21 years to Max 65 Years,
- Net Monthly Income> Rs 20,000
- For Self-Employed Indian National:
- Age: Min 21 years & Max 70 Years
- Annual Income: ITR > Rs 5Lakhs per annum
Required Documents
- Pan Card
- Aadhar Card
- Income Proof
- Address Proof
Please Read Our other credit card reviews
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- HDFC Bank UPI RuPay Credit Card
- Indian Oil Axis Bank Credit Card
- SBI SimplyCLICK Credit Card
Pros & Cons
Pros
- Fuel Rewards:
- High Cashback: Earn a significant percentage of cashback (usually around 4.25%) on fuel purchases at BPCL stations.
- Fuel Surcharge Waiver: Get a rebate on the surcharge imposed by petrol pumps on fuel.
- Other Benefits:
- Flexipay Option: You can easily convert your big expenses into EMI.
- Wide Acceptance: You can use this card at any BPCL pump.
Cons
- Limited Rewards Outside BPCL: You get very little reward points on non-fuel purchases
- Annual Fee: If you do not spend much on fuel then this is not suitable for you.
- Lower Credit Limits: Compared to premium cards, credit limits may be lower.
Overall:
BPCL SBI Credit Card is a good card for drivers who primarily use BPCL pumps and want to maximize their fuel savings.
Disclaimer:
CredBanking will not be responsible for any change in the card as we have obtained the information about The BPCL SBI Credit Card from the internet.
