BPCL SBI Credit Card
Save up to 4.25% on BPCL fuel spends with accelerated reward points.
Overview
The BPCL SBI Credit Card is a co-branded fuel credit card designed specifically for daily commuters who regularly refuel at Bharat Petroleum (BPCL) petrol pumps. It operates on a reward points system and offers accelerated valueback on BPCL fuel transactions along with surcharge waivers and everyday retail rewards. Ideal for users spending ₹3,000–₹4,000 monthly on fuel.
Features & Benefits
Joining & Renewal Benefits
2,000 Bonus Reward Points on joining worth ₹500, effectively offsetting the joining fee.
Annual fee waived if total annual spend exceeds ₹50,000 in the previous year.
Cashback & Rewards
- • 13 Reward Points per ₹100 on BPCL fuel (≈3.25% valueback)
- • 1% fuel surcharge waiver on BPCL fuel transactions
- • 5 Reward Points per ₹100 on grocery, dining, movies & departmental stores
- • 1 Reward Point per ₹100 on other retail purchases
- • 2,000 Bonus Reward Points on joining (₹500 value)
Reward Points can be redeemed via SBI Rewardz platform where 4 Reward Points = ₹1. Redemption options include shopping vouchers, travel bookings, gift cards and statement credit subject to SBI rules.
Lifestyle Benefits
- • Accelerated rewards on BPCL fuel
- • 5X rewards on grocery, dining & movies
- • Fuel surcharge waiver
- • Low annual fee with easy waiver
1% fuel surcharge waiver on BPCL fuel transactions up to ₹4,000 per transaction, maximum ₹100 per billing cycle.
3.5% forex markup fee on international transactions.
Fees & Charges
- • Strong 4.25% total valueback on BPCL fuel
- • Low annual fee
- • Easy annual fee waiver (₹50k spend)
- • Welcome points cover joining fee
- • Good grocery & dining rewards
- • Fuel rewards capped monthly
- • No airport lounge access
- • Forex markup high
- • Reward redemption restrictions from April 2026
Effective April 1, 2026: Maximum 60,000 Reward Points per calendar month can be redeemed as statement credit. Statement credit redemption allowed only in exact multiples of 4,000 Reward Points.