Sbi Bpcl
SBI Card
Sbi Bpcl
SBI Card
Annual Fee
₹499
Effective Rate
0.25%
Network
MASTERCARD
Point Value
₹0.25/pt
About Sbi Bpcl
13 RP/₹100 at BPCL; 5 RP on groceries/dept stores/movies/dining; 1 RP other. 1% fuel surcharge waiver. Annual fee reversal at ₹50K.
Best For
Pros & Cons
thumb_upPros
- check_circleFuel Surcharge Waiver
- check_circleBPCL Loyalty Points
- check_circleSpending milestone bonuses for high spenders
thumb_downCons
- cancelAnnual fee of ₹499 with no waiver option
- cancelForeign transaction fee applies on overseas spends
- cancelPoints redemption catalog may limit flexibility
Reward Earning Structure
Each point is worth ₹0.25 — an effective return of 0.25% on spend.
| Category | Earn Rate | Per ₹10,000 Spent |
|---|---|---|
| All other spends | 13% | 1300 pts≈ ₹325 |
| All other spends | 1% | 100 pts≈ ₹25 |
Points can typically be redeemed for flight tickets, hotel bookings, cashback, gift vouchers, or merchandise via the SBI Card rewards portal. Redemption value may vary by option.
Card Benefits
Fuel Surcharge Waiver
4.25% value back on BPCL fuel purchases
~₹6,000/yr value
BPCL Loyalty Points
Earn reward points redeemable at BPCL fuel stations
~₹4,000/yr value
Fraud Protection
Zero liability on fraudulent transactions
~₹1,000/yr value
Spending Milestones
Unlock bonus rewards when your annual spend crosses these thresholds.
Spend ₹50,000 (ANNUAL)
Annual Fee Waiver – ₹50K Spend: Annual fee of ₹499 waived on achieving annual net spends of ₹50,000 in the preceding card anniversary year.
Fees & Charges
Key fees at a glance. For the complete schedule refer to the official Key Fact Statement (KFS) on the SBI Card website.
| Annual Fee | ₹499 |
| Forex Markup | As per issuer schedule |
| Interest Rate (APR) | Refer to KFS |
| Late Payment Charges | Refer to KFS |
| Cash Advance Fee | Refer to KFS |
Eligibility & Documents Required
Eligibility Criteria
- checkAge: 18–70 years (primary cardholder)
- checkMinimum annual income: As per bank norms
- checkCIBIL score: 750+ recommended
- checkEmployment: Salaried or self-employed Indian resident
Documents Required
- descriptionPAN Card (mandatory)
- descriptionAadhaar / Passport / Voter ID (address proof)
- descriptionSalary slips — last 3 months (salaried)
- descriptionLatest ITR or Form 16 (self-employed / salaried)
- descriptionBank statements — last 3 months
- descriptionPassport-size photograph
Frequently Asked Questions
Common questions about Sbi Bpcl.
Ready to apply for Sbi Bpcl?
Apply directly on the SBI Card website. Most decisions within 7–10 working days.
Affiliate disclosure: CreditBrain may earn a referral fee if you apply via our link. This does not affect our editorial independence.