SBI BPCL Credit Card

SBI BPCL Credit Card – For Bharat Petroleum Customers

SBI BPCL Credit Card, launched by SBI in collaboration with Bharat Petroleum, gives 4.25% value-back on fuel purchases at BPCL petrol pumps. Besides, it offers 5X accelerated rewards on multiple categories, such as groceries, movies, dining, etc. For a card with a low joining fee of Rs. 499, the rewards are quite decent. Read on to know more about SBI BPCL Card.

Eligibility Criteria :

Should be an Indian resident

Minimum age of 18 years

Must be salaried or self employed

Possess last 3 months bank statements.

Documents required : 

KYC fulfilment: Passport/ Voter's ID Card/ Driving License/ Aadhaar Card/NREGA Card/PAN Card

Address proof: Utility Bills/ Ration Card/ Passport

ID proof: Aadhar Card/ PAN card/ Driving license/ Voter Id Card

Income Proof: Last 3 Salary slips / bank statements

Photographs: Minimum 2 required passport size

Key Highlights of SBI BPCL Credit Card

Best Suited For Fuel

Joining Fee Rs. 499

Annual Fee Rs. 499 (Reversed on spending Rs. 50,000 in a year)

Welcome Benefit 2,000 activation bonus reward points worth Rs. 500

Best Feature 13X reward points on fuel purchases at BPCL petrol pumps

SBI BPCL Credit Card: Features & Benefits

SBI BPCL Credit Card is one of the best fuel credit cards available in the market. With this credit card, you can earn up to 4.25% value back on your fuel expenses. The good thing is you can redeem the earned reward points at the value of 4 reward points = Re. 1 | 1 reward point = Re. 0.25. Here are some of the major SBI BPCL Credit Card benefits:

Up to 13X Reward Points

You can earn up to 13X reward points on your fuel transactions at BPCL petrol pumps. Besides this, you can also earn up to 5X reward points on other selected categories as per the below details:

• 4.25% value back (13X reward points equivalent to 3.25% + 1% fuel surcharge waiver on every transaction of up to Rs. 4,000) at any BPCL petrol pump
• 5X reward points on every Rs. 100 spent at groceries, departmental stores, movie tickets, and dining (Up to 5,000 reward points per month)
• 1 reward point for every Rs. 100 spent on non-fuel retail purchases

Other Benefits

Apart from reward points, this credit card also offers other privileges, such as welcome benefits, EMI conversion and contactless transactions. Below mentioned are some of the other SBI BPCL Credit Card benefits:

• 2,000 bonus reward points worth Rs. 500 on the payment of joining fee*
• Contactless transactions can be done with SBI BPCL Credit Card
• Convert your purchases worth Rs. 2,500 or more into easy EMIs via Flexipay option

*These reward points are credited within 20 days of the payment of joining fee.

FAQs :

How much fuel surcharge waiver do I get on SBI BPCL Credit Card?

You get a 1% fuel surcharge waiver on fuel transactions between ₹500 and ₹4,000 at BPCL petrol pumps, subject to monthly limits.

How many reward points do I earn on fuel purchases?

Cardholders typically earn 4 reward points for every ₹100 spent on fuel at BPCL outlets (excluding fuel surcharge and GST).

Can SBI BPCL reward points be redeemed for fuel?

Yes, accumulated reward points can be redeemed directly for fuel at BPCL petrol pumps or for other options available on the SBI Card rewards catalogue.

What is the annual fee for SBI BPCL Credit Card?

The annual fee is usually ₹499 + GST, which may be reversed on meeting the minimum annual spend criteria set by SBI Card.

Is there a joining fee for SBI BPCL Credit Card?

Yes, a joining fee is charged at the time of card issuance, but welcome benefits like bonus reward points often offset this cost.

What is the eligibility for SBI BPCL Credit Card?

Applicants must be salaried or self-employed individuals with a regular income and a good credit score, typically 700 or above.

How can I apply for SBI BPCL Credit Card online?

You can apply online through the SBI Card website by filling out the application form and completing KYC digitally.

Is SBI BPCL Credit Card good for daily usage?

Yes, apart from fuel benefits, the card offers reward points on everyday categories like groceries, dining, and departmental stores.

Do SBI BPCL reward points expire?

Yes, reward points generally have a validity period (usually 24 months) from the date of accrual.

Can I use SBI BPCL Credit Card at non-BPCL fuel stations?

You can use the card anywhere, but fuel reward benefits and surcharge waiver apply only at BPCL petrol pumps.

What is the credit limit on SBI BPCL Credit Card?

The credit limit depends on your income profile, credit history, and SBI Card’s internal assessment.

Is SBI BPCL Credit Card suitable for highway fuel spends?

It is best suited for regular city fuel spends at BPCL outlets; acceptance and benefits depend on BPCL pump availability on highways.

How does SBI BPCL Credit Card compare with other fuel credit cards?

The SBI BPCL Credit Card is popular for its strong BPCL network, straightforward reward structure, and low annual fee compared to premium fuel cards.