State Bank of India
BPCL
The BPCL SBI Card is an entry-level, co-branded fuel credit card created for users who want to optimize their fuel expenses, particularly at Bharat Petroleum Corporation Limited (BPCL) petrol pumps. Charging a reasonable annual fee of Rs.
Direct link to the issuer's website. Terms apply — verify current offer with the bank.
Data last updated 7 June 2026.
At a Glance
Annual Fee
₹499
Joining Fee
₹499
Fee Waiver
Spend ₹10,000 annually
Lounge Access
See details
Forex Markup
3.5%
Effective Yield
0.25% – 4.25%
Our Take
CreditGully Rating
Based on CreditGully editors' analysis. Not influenced by card issuers.
The BPCL SBI Card is an entry-level, co-branded fuel credit card created for users who want to optimize their fuel expenses, particularly at Bharat Petroleum Corporation Limited (BPCL) petrol pumps. Charging a reasonable annual fee of Rs. 499, this card offers a cost-effective way to get value-back on fuel purchases while competing closely with similar entry-level products in the market.
In terms of rewards, the card delivers up to 4.25% value-back on fuel spends at BPCL outlets, which includes a 1% fuel surcharge waiver alongside a generous reward rate. Additionally, it provides accelerated points on everyday spends such as grocery shopping, dining, departmental stores, and movies. Cardholders also get an annual fee waiver upon reaching a modest yearly spending milestone, making the card easy to maintain.
This credit card is ideal for individuals who spend a significant amount on fuel every month and prefer to use BPCL petrol pumps. It is also highly suitable for budget-conscious consumers who want a low-cost card that supports savings on basic daily lifestyle expenses.
What We Like
We like that this card offers a solid 4.25% value-back on BPCL fuel purchases and allows instant reward redemption directly at partner fuel outlets without any minimum point threshold. Furthermore, we appreciate the addition of accelerated rewards on daily spends like dining and grocery shopping, all at a highly affordable annual fee.
Pros
- ✓Earn up to a 4.25% value-back when purchasing fuel at BPCL outlets.
- ✓Receive accelerated reward points on everyday categories like grocery shopping, departmental stores, dining, and movie tickets.
Cons
- ✗The monetary redemption value of the earned reward points is relatively low.
- ✗There are monthly limits capped on how many accelerated reward points you can accumulate.
Get This Card If
- ✓You spend a considerable amount on fuel every month
- ✓You prefer to get BPCL fuel over others like HPCL and IOCL
- ✓You need a fuel card that also caters to other everyday needs
- ✓You do not want to pay a high annual fee
Earning & Redemption
How You Earn
| Category | Reward rate | Yield % | Cap |
|---|---|---|---|
| BPCL Fuel & Lubricants | 13 Reward Points (RP) per ₹100 | 4.25% | 1,300 RP per billing cycle |
| Groceries, Dining & Movies | 5 RP per ₹100 | 1.25% | 5,000 RP per billing cycle |
| Other Retail Spends | 1 RP per ₹100 | 0.25% | No Upper Cap |
| Excluded Categories | No Points Earned | 0.0% | — |
Milestone Rewards
| Spend | Benefit | Value | Summary |
|---|---|---|---|
| ₹1 Lakh | Fee Waiver (New 2026 Rule) | ₹499 + GST Savings | Effective May 1, 2026, the annual fee waiver threshold increased to ₹1 Lakh (from ₹50k). |
Redemption Value
| Channel | Value per point | Verdict |
|---|---|---|
| BPCL Fuel Stations (Instant) | ₹0.25 per point4:1 Ratio | Best Value (Redeem instantly at over 1,200 BPCL outlets with no fees) |
| Statement Credit (Cash) | ₹0.25 per point4:1 Ratio | Restricted (Effective April 2026, must redeem in multiples of 4,000 points; capped at 60k/month) |
What You Need to Know
Fuel Reward Cap
13X rewards are capped at 1,300 points per month.
Impact: Spending more than ₹10,000/month on fuel at BPCL will result in 0% rewards for the excess.
New Redemption Friction
Redeeming points for statement credit now requires multiples of 4,000 points.
Impact: Small spenders will find their points 'trapped' for longer before they can cash out.
Essential Fine Print
Reward Exclusions
Excluded Transactions: Cash advances, Balance Transfers, Encash, and Flexipay do not earn Reward Points.
Welcome Offer
Activation Bonus
Get 2,000 Reward Points worth ₹500 on payment of the joining fee.
Dining Benefits
Dining Rewards
5X Reward Points for every ₹100 spent on Dining.
Milestone Benefits
Annual Fee Reversal
Renewal fee is waived upon achieving annual spends of ₹1,00,000 or more in the preceding year.
Additional Features
Fuel Reward Points
13X Reward Points on every ₹100 spent at BPCL fuel stations (up to 2,500 points per billing cycle).
Accelerated Rewards
5X Reward Points on every ₹100 spent on Dining, Groceries, Departmental stores, and Movies (up to 5,000 points per cycle).
Contactless Payment
Equipped with contactless technology for fast and secure transactions.
Fees & Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | ₹499 |
| Annual / Renewal Fee | ₹499 |
| Fee Waiver Threshold | Spend ₹10,000 annually |
| Forex Markup | 3.5% |
| Reward Redemption Fee | ₹99 per redemption |
| Fuel Surcharge Waiver | 1% surcharge |
Eligibility Criteria
Age
Primary cardholder: 21 to 70 years; Add-on cardholder: Above 18 years.
Employment
Salaried or Self-employed individuals with a steady income.
Location
Resident of India.
Ready to apply for BPCL?
Annual fee: ₹499 · Waived on ₹10,000 spend
Frequently Asked Questions
Annual fee
₹499
0.25% – 4.25% yield