BPCL SBI Octane Review
Detailed review of the BPCL SBI Octane — fees, rewards, eligibility and who it's best for. Updated for 2026.
BPCL SBI Octane at a glance
The BPCL SBI Octane from SBI Card is positioned for fuel savings. With an annual fee of ₹1,499, it targets applicants with a net monthly income of at least ₹30,000 and a CIBIL score of 720+. Headline rewards are 25x on BPCL fuel, with 8 domestic / year of complimentary lounge access.
Pros & cons
- Strong reward rate of 7.25% on fuel savings.
- 25x on BPCL fuel
- Complimentary lounge access: 8 domestic / year.
- Accessible income threshold (₹30,000/month).
- Joining bonus: 2,000 reward points.
- Annual fee of ₹1,499 + 18% GST applies each year unless waived on spend.
- Not enabled for UPI payments — Visa/Mastercard variants only.
- Standard 3.5% forex markup + GST on international spends (varies by variant).
Who should apply
The BPCL SBI Octane is best suited for applicants who prioritise fuel savings in their everyday spending. With a minimum income requirement of ₹30,000 per month and a CIBIL threshold of 720, it's accessible to entry-level salaried professionals and first-time card users.
Compare your spending pattern against the reward structure: if fuel savings represents 40%+ of your monthly spend, this card typically returns more value than its annual fee within 3–4 months. If your spending is spread evenly across many categories, a flat-rate cashback card may serve you better.
Eligibility & documents
Standard KYC and income documents apply for the BPCL SBI Octane:
- Identity & address: PAN card, Aadhaar, recent utility bill or passport.
- Income (salaried): Last 3 months payslips, 3–6 months salary bank statement, latest Form 16.
- Income (self-employed): Last 2 years ITR with computation, business proof, 6–12 months current account statement.
- Credit profile: CIBIL score of 720+ with at least 6 months of active credit history.
- Age: 21–60 years (salaried), 23–65 years (self-employed) at application.
All terms governed by SBI Card's Most Important Terms & Conditions (MITC). RBI's Credit Card Master Direction sets baseline disclosure and grievance norms.