Base reward rate: Up to 25 points per ₹100 on BPCL fuel, 10 points on select categories, 1 point on others.
Redemption options: Fuel purchases at BPCL fuel stations, statement credit, products and vouchers via SBI Card rewards catalogue
Fees & Charges
Joining fee: 1499
Annual fee: 1499
Pros
Exceptional reward rate of 6.25% on fuel, lubricants, and Bharat Gas at BPCL outlets, calculated as 25 points per ₹100 with a redemption value of 4 points = ₹1.
Strong accelerated reward rate of 2.5% (10 points per ₹100) on high-frequency spending categories like Groceries, Departmental Stores, Dining, and Movie Tickets.
The joining fee of ₹1,499 is effectively neutralized by a welcome bonus of 6,000 reward points, which holds a redemption value of ₹1,500.
Includes 4 complimentary domestic airport lounge visits per year (1 per quarter), a valuable travel perk for a card in this fee segment.
The annual fee of ₹1,499 is waived on achieving a reasonable annual spend of ₹2 Lakhs, making the card potentially free to hold long-term.
Provides a milestone benefit of a ₹2,000 e-gift voucher (from brands like Yatra or Aditya Birla Fashion) upon reaching annual spends of ₹3 Lakhs.
Complimentary lounge access with no minimum spend requirement
Cons
The 1% fuel surcharge waiver is severely restricted by a low cap of ₹100 per statement cycle, limiting the benefit to the first ₹10,000 of fuel spends per month.
The base reward rate for all non-accelerated categories is extremely low at just 0.25% (1 point per ₹100), making the card unsuitable for general spending.
A redemption fee of ₹99 is levied on each reward redemption request, which directly reduces the net value of the points earned.
Reward points are not awarded for key transaction types, specifically mobile wallet uploads and any fuel purchases made at non-BPCL petrol pumps.
Best Use Case
Individuals who frequently purchase BPCL fuel and spend on groceries, dining, and entertainment, seeking accelerated rewards and fuel surcharge waivers.