BPCL SBI Card Octane
MyRupaya Ratings
उत्पाद विवरण
क्रेडिट कार्ड का नाम
BPCL SBI Card Octane
Bank Name :
State Bank Of India
प्रकार
Fuel Credit Card
ब्याज दर
3.50% per month (42% per annum) from the transaction date.
पात्रता
Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
पेशेवरों
Welcome Benefit: Users will get 6000 bonus reward points worth INR 1500 on payment of annual fees.
Reward System: Users will get 25 points on spending every INR 100 at BPCL petrol pumps + Bharat Gas + BPCL fuel lubricants. Value of 1 point = INR 0.25. Effective cashback rate: 6.25% (Capped at 2500 reward points per month). 10 reward points on every 100 spent at dining, departmental stores, grocery and movies. Dining & entertainment cashback rate: 2.5% (Capped at 7500 reward points per month). 1 reward point on INR 100 on all other spends. Effective general cashback rate: 0.25%
Users will get 4 free visits per calendar year to domestic air lounges in India.
Annual fee reversal on spending INR 2,00,000 on the card.
Users will get free gift vouchers worth INR 2,000 from Aditya Birla Fashion Or Yatra Or Bata/Hush Puppies on annual spends of INR 3 Lakhs.
दोष
Low general cashback rate.
No free movie tickets.
पक्ष विपक्ष
Welcome Benefits
6000 bonus reward points worth INR 1500 on payment of annual fees.
पुरस्कार प्रणाली
Users will get 25 points on spending every INR 100 at BPCL petrol pumps + Bharat Gas + BPCL fuel lubricants. Value of 1 point = INR 0.25. Effective cashback rate: 6.25% (Capped at 2500 reward points per month). 10 reward points on every 100 spent at dining, departmental stores, grocery and movies. Dining & entertainment cashback rate: 2.5% (Capped at 7500 reward points per month). 1 reward point on INR 100 on all other spends. Effective general cashback rate: 0.25%
अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
3.5%.
स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
25 point on spend of every INR 100 at BPCL petrol pumps + Bharat Gas + BPCL fuel lubricants. Value of 1 point = INR 0.25. Effective cashback rate: 6.25% (Capped at 2500 reward points per month).
Eligibility Criteria
Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
फ़ायदे
Great cashback on fuel purchases.
Free airport lounge visits.
Good milestone benefit.
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
1. Online: This is the faster and more convenient method:
Visit the SBI Card website: Head to the official SBI Card website.
Navigate to the BPCL SBI Card Octane page: Find the "Personal" category and choose "Shopping" as the sub-category.
Click "Apply Now": Look for the prominent "Apply Now" button on the card page.
Fill out the application form: Provide your personal details, income information, and KYC documents like PAN, etc.
Review and submit: Carefully review the application details.
Await decision: You'll receive an instant preliminary decision based on the information provided.
2. Offline: This method involves visiting a SBI branch and completing the application process:
Visit an SBI branch: Find a nearby SBI branch and express your interest in applying for the BPCL SBI Card Octane.
Fill out the application form: A bank representative will assist you with the form and guide you through the process.
Submit the form and documents: Provide all requisite documents such as PAN, Aadhaar, and income proof along with the completed application.
Await decision: The bank will process your application and inform you about the final decision through your preferred communication channel.
सम्पर्क करने का विवरण
l 1860 500 1290, 1860 180 1290, 39 02 02 02(Prefix local the STD code) or 1800 180 1290 (Toll Free)
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefit: Users will get 6000 bonus reward points worth INR 1500 on payment of annual fees.
Reward System: Users will get 25 points on spending every INR 100 at BPCL petrol pumps + Bharat Gas + BPCL fuel lubricants. Value of 1 point = INR 0.25. Effective cashback rate: 6.25% (Capped at 2500 reward points per month). 10 reward points on every 100 spent at dining, departmental stores, grocery and movies. Dining & entertainment cashback rate: 2.5% (Capped at 7500 reward points per month). 1 reward point on INR 100 on all other spends. Effective general cashback rate: 0.25%
Users will get 4 free visits per calendar year to domestic air lounges in India.
Annual fee reversal on spending INR 2,00,000 on the card.
Users will get free gift vouchers worth INR 2,000 from Aditya Birla Fashion Or Yatra Or Bata/Hush Puppies on annual spends of INR 3 Lakhs.
Low general cashback rate.
No free movie tickets.
The card offers an impressive cashback of 6.25% on purchase of fuel from Bharat Petroleum or on purchase of gas from Bharat Gas. It is one of the best fuel credit cards. The only con is that your cashback is capped at ~ INR 800. Card's fee is only INR 499. The cards also provides free 4 air lounge visits and provides 2.5% cashback on dining, departmental stores, grocery and movies.
BPCL SBI Card Octane
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
उत्पाद समीक्षा
फीस एवं प्रभार
Annual Fee (one time): INR 499 + Taxes.
Renewal Fee (per annum): INR 499 + Taxes.
Cash Advance fees: 2.5% or Rs. 500
Interest Rate: Up to 3.50% per month (42% per annum).
Late Payment charges: 0 to 1300
Reward Redemption Fees: INR 99/- per redemption.
ईंधन अधिशुक्ल
1% Fuel surcharge waiver for each transaction between INR 500 and INR 4,000. Maximum surcharge waiver of INR 100 per statement cycle, per credit card account.
Billing Cycle
30 Days.