In-depth review
BPCL SBI Card
A ₹499 fuel card: 4.25% value back at BPCL pumps, 5X points on dining, groceries and movies, and a ₹500 welcome gift that covers most of the ₹589 all-in first-year fee. Solid if you fuel up at BPCL — but the reward points are worth only ₹0.25 each and the fuel value is BPCL-only.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹500 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
13 points/₹100 on Fuel (~3.25% value)
4.25% value back at BPCL pumps — 13X Reward Points (3.25%) plus 1% fuel surcharge waiver, on transactions up to ₹4,000. Points capped at 1,300/billing cycle.
1.25% on Dining
5 Reward Points per ₹100 (~1.25%) on dining, departmental stores, grocery and movies, capped at 5,000 points a month CUMULATIVELY across all four, then 1 point per ₹100. We apply the cap per row, so a spender who maxes both dining and grocery is credited a little high.
Annual Fee Waiver
Fee of ₹499 + 18% GST (₹589 all-in)/yr fully waived when you spend ₹1,00,000/year
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹100/month
⛽ FUEL BENEFITS
Co-branded card — maximum savings at BPCL stations.
Up to 3%
Fuel reward rate
1%
Surcharge waiver
₹100
Waiver cap/month
PARTNER FUEL STATIONS
- Co-branded card — maximum rewards at BPCL fuel stations
- Up to 3% effective return on fuel purchases
- 1% fuel surcharge waiver at all fuel stations
For the regular BPCL fuel customer — a commuter with steady monthly fuel spend who also puts dining, groceries and movies on the card, ideally as a dedicated fuel card alongside a broader everyday one.
Full reward structure
What you earn on every rupee, per spend category — as of 11 Oct 2026. Rates assume 1 pt = ₹0.25. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Fuelonly at Bharat Petroleum (BPCL) | reward points | 3.25%13 pts/₹100 × ₹0.25 | ₹325 |
| Dining | reward points | 1.25%5 pts/₹100 × ₹0.25 | ₹1,250one cap shared with Groceries |
| Groceries | reward points | 1.25%5 pts/₹100 × ₹0.25 | ₹1,250one cap shared with Dining |
| Other | reward points | 0.25%1 pts/₹100 × ₹0.25 | — |
Fuel: 4.25% value back at BPCL pumps — 13X Reward Points (3.25%) plus 1% fuel surcharge waiver, on transactions up to ₹4,000. Points capped at 1,300/billing cycle. · Bharat Petroleum (BPCL)
Dining: 5 Reward Points per ₹100 (~1.25%) on dining, departmental stores, grocery and movies, capped at 5,000 points a month CUMULATIVELY across all four, then 1 point per ₹100. We apply the cap per row, so a spender who maxes both dining and grocery is credited a little high.
Groceries: 5 Reward Points per ₹100 (~1.25%) on grocery and departmental stores, dining and movies, sharing the 5,000-point monthly cap with the dining row. Metro Cash & Carry, Reliance Market and Walmart are named by SBI as ineligible for the accelerated rate.
Other: 1 Reward Point per ₹100 on other retail spends (~0.25%). 4 Reward Points = ₹1. Excludes mobile wallet loads, rent, EMI, cash advances and non-BPCL fuel.
Earns nothing on: Wallet Loads · Rent · Cash Advances · EMI Conversions
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 11 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹589 |
| Joining fee (incl. 18% GST) | ₹589 |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1%, cap ₹100 |
Perks & benefits
Estimated annual value beyond rewards — ~₹1,200/yr in total.
1% fuel surcharge waiver on every BPCL transaction up to ₹4,000; maximum ₹100 per statement cycle (~₹1,200/year).
Should you get it?
- Best for: Regular BPCL fuel customers, Commuters with steady monthly fuel spend, Users who also spend on dining, groceries and movies, First-time cardholders wanting a low-fee fuel card
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on Dining (1.25% back; 3.25% only at Bharat Petroleum (BPCL)).
Pros & cons
✓ Pros
- 4.25% value back on BPCL fuel — 13X Reward Points plus the 1% surcharge waiver
- 5X Reward Points (~1.25%) on dining, departmental stores, grocery and movies
- Low ₹499 fee, reversed at ₹1 lakh annual spend (from 1 May 2026)
- 2,000-point (~₹500) welcome gift covers most of the ₹589 all-in first-year fee
✕ Cons
- Fuel value is BPCL-only — no benefit at other petrol pumps
- Points are worth just ₹0.25 each (4 points = ₹1)
- BPCL fuel reward capped at 1,300 points per cycle (~₹325 value)
- Only 0.25% on general spends outside the bonus categories
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / address proof
- 📄Income proof (salary slips or ITR)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Instant redemption of Reward Points at select BPCL petrol pumps
- 🎁Redeem against fuel purchases at BPCL outlets
- 🎁Redeem in the Shop n Smile rewards catalogue
What your SBI Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Capped at 60,000 pts/month from Apr 2026
Vouchers & merchandise
The fuel value is BPCL-only with no benefit at other pumps, points are worth just ₹0.25 each, and general spends earn only 0.25%.
Frequently asked questions
How much do I earn on fuel?
What is a Reward Point worth?
Which categories earn 5X points?
Is the annual fee waived?
How has the BPCL SBI Card changed over time?
Has the BPCL SBI Card been devalued recently?
When did the BPCL SBI Card's fees last change?
The bottom line
A well-priced entry fuel card for Bharat Petroleum loyalists: 4.25% back at BPCL, a welcome gift worth most of the first-year fee, and useful bonus categories. Just go in clear-eyed that the value is BPCL-tied and the points are worth only ₹0.25 each. Hold it as a dedicated fuel card, not your only one.
How this page was built
Counted from this card’s own record: 4 earn rules, 3 of them capped, 1 paid only at named merchants, the spends listed as earning nothing and 1 recorded perk. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 11 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the BPCL SBI Card are taken from SBI Card's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 11 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for SBI Card. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Read more
Guides and reviews related to this card.
BPCL SBI Card
A ₹499 fuel card: 4.25% value back at BPCL pumps, 5X points on dining, groceries and movies, and a ₹500 welcome gift that covers most of the ₹589 all-in first-year fee. Solid if you fuel up at BPCL — but the reward points are worth only ₹0.25 each and the fuel value is BPCL-only.
IRCTC SBI Platinum Card
A ₹500 co-brand for train travellers: 8% value back on IRCTC AC-class tickets (SBI advertises "up to 10%"; its own terms pay 10 points per ₹125, not ₹100), 4 railway lounge visits a year, and a 500-point renewal bonus worth most of the fee. Great if you book rail often — weak at almost everything else.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2017 · last change May 2026
2026
- ▼ FeeObserved 29 Mar 2026 · Effective 1 May 2026
Fee-waiver spend threshold doubled
₹50,000 annual spend→₹1,00,000 annual spend
SBI Card raised the spend needed to reverse the ₹499 renewal fee from ₹50,000 to ₹1,00,000 a year, effective 1 May 2026 (notified 29 March 2026). The fee itself is unchanged, but low-to-moderate users now have to spend twice as much to earn the waiver.
Verification: SBI Card ↗ · Confidence: High
2024
- ▼ RewardObserved 15 Mar 2024 · Effective 15 Apr 2024
Reward points on rent payments withdrawn
Reward points earned on rent payments→No reward points on rent payments
The card's own T&C booklet carries the clause verbatim: "W.e.f. 15 Apr 2024, accrual of Reward Points on Rent Payment transactions with BPCL SBI Card will be discontinued. Rent Payment transactions shall be identified under Merchant Category Code (MCC) 6513, on best effort basis." Recorded 2026-08-27 during the SBI portfolio sweep - the sibling BPCL SBI Card OCTANE already carried this event and this card did not.
Verification: SBI Card ↗ · Confidence: High
2017
- ◆ LaunchEffective 22 Dec 2017
BPCL SBI Card launched
SBI Card and Bharat Petroleum launched the ₹499 BPCL co-brand as 'the most rewarding fuel card in the country' — up to 4.25% value back at BPCL pumps (13X Reward Points), 5X points on groceries, dining, movies and utilities, and a 2,000-point (~₹500) joining gift. Annual fee reversed on ₹50,000 of yearly spend at launch.
Verification: CardAdvisor Research · Confidence: Reconstructed
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/sbi-bpcl#value-timeline">BPCL SBI Card value timeline</a>, CardAdvisor (CC BY 4.0).
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