SBI BPCL Octane

Entry

SBI Card

Where it ranks · across all 71 cards

🥈 Fuel6.3%at BPCL pumpdirect#15 Groceries2.5%direct#13 Dining out2.5%direct#19 Movies & events2.5%direct

Reward rules

Points valued at ₹0.25/pt - conservative, what rankings use

Base rate - everything not covered below

1 pt / ₹100= 1 pts per ₹100

0.25%

conservative value

25X at BPCL pumps (6.25% + 1% surcharge waiver)

25 pts / ₹100= 25 pts per ₹100

6.25%

conservative value

2,500 reward points/statement cycle on BPCL fuel

2,500 pts/month cap on BPCL earn; ₹4,000 max fuel txn for surcharge waiver.

Source: SBI BPCL Octane T&C · 2026-08-20

10X dining/movies/grocery

10 pts / ₹100= 10 pts per ₹100

2.50%

conservative value

7,500 accelerated points/month

Source: SBI BPCL Octane T&C · 2026-08-20

₹3,00,000 / year

₹2,000 e-voucher (ABF/Yatra/Hush Puppies) at ₹3L annual spends

worth ≈ ₹2,000

⊘ Rent earns nothing w.e.f. 15 Apr 2024.6513bank MCC list→ use Axis Burgundy Private here (4.5%)
⊘ E-wallet loads excluded w.e.f. 1 Jul 2020. Note: non-BPCL petrol pumps earn no points (category wording, no codes); BPCL earns via the 25X rule. No government exclusion is published for this card.6540 6541bank MCC list→ use SC Ultimate here (3.3%)
⊘ Flexipay and Merchant EMI excluded.

⛽ BPCL Octane - 7.25% at the pump, if BPCL is on your route
Fuel earns nothing on nearly every card. Octane pays 25 RP/₹100 at BPCL (6.25%) plus the 1% surcharge waiver = 7.25% value-back on up to ₹10,000/month of fuel.
₹10,000/month fuel → ₹725/month ≈ ₹8,700/year vs the ₹1,499 fee (waived at ₹2L annual spends) - strongly positive for BPCL-loyal commuters.