BPCL SBI Credit Card
Joining Fee: ₹499 + GST
Renewal Fee: ₹499 + GST
Category: Reward Points
Welcome Benefits
Bonus Reward Points: Earn 2,000 Reward Points worth ₹500 after paying the joining fee. Points are credited 20 days after payment.
Reward Points Earning
Standard Spending: 1 Reward Point per ₹100 spent on non-fuel transactions.
Accelerated Rewards:
5 Reward Points per ₹100 on groceries, departmental stores, dining, and movies (up to 5,000 points per month).
13 Reward Points per ₹100 on fuel purchases at BPCL stations (up to 1,300 points per month).
Annual Savings: Equivalent to nearly 50 liters of fuel.
Exclusions: No points for wallet reloads and recharges.
Reward Points Redemption
Redemption Options:
Gift vouchers through sbicard.com or SBI’s mobile app.
Statement balance adjustment via email or customer care.
Redemption at BPCL fuel stations.
Points Value: 4 Reward Points = ₹1.
Expiration: Points expire 24 months from accumulation date.
Movie and Dining Benefits
Reward Points Rate: 5X Reward Points (5 points per ₹100) on movie and dining expenses.
Fuel Surcharge Waiver
Waiver Details: 1% waiver on fuel surcharge for transactions up to ₹4,000 at all fuel stations across India.
Maximum Cap: ₹100 per statement cycle.
Renewal Fee Waiver
Renewal Fee Waiver: Waiver of ₹499 renewal fee if you spend ₹50,000 or more in the anniversary year.
Summary
The BPCL SBI Credit Card is a solid entry-level option for fuel purchases. It offers a total value back of 4.25%, including a 1% surcharge waiver on fuel expenses. Additionally, it provides attractive reward rates on movie, dining, grocery, and departmental store spends. Given the essential nature of fuel, this card is an effective way to save on this everyday expense.