Base reward rate: Up to 13 points per ₹100 on BPCL fuel spends (4.25% value-back including waiver)
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 499
Annual fee: 499
Pros
Excellent 4.25% value-back on fuel at BPCL outlets, combining 13x Reward Points (a 3.25% return) and a 1% fuel surcharge waiver.
The ₹499 joining fee is effectively nullified by a welcome bonus of 2,000 Reward Points, which are worth ₹500 when redeemed for fuel.
Offers accelerated 5x Reward Points (1.25% value-back) on multiple everyday spending categories, including groceries, department stores, dining, and movies.
The annual fee of ₹499 is waived on a very achievable annual spend of just ₹50,000, making the card potentially free to hold long-term.
Cons
Reward point redemption is highly restrictive, as points can only be used for fuel purchases at BPCL outlets, with no option for statement credit or other vouchers.
Key benefits are heavily capped monthly: the 1% fuel surcharge waiver is limited to a maximum of ₹100, and the 13x accelerated fuel rewards apply only to the first ₹10,000 of fuel spends per month.
The base reward rate for all non-accelerated categories is extremely low at 1 point per ₹100, translating to a poor value-back of just 0.25%.
A high forex markup fee of 3.50% makes the card expensive for any international transactions.
Best Use Case
Individuals who frequently purchase fuel at BPCL outlets and seek accelerated rewards on daily spends.