BPCL SBI Card Octane
Card Intro
Welcome Benefits
Welcome Gift of 6000 bonus reward points equivalent to Rs. 1500 on paying joining fee for BPCL SBI Card Octane.
Interest Free Period
20 to 50 Days
Payment Gateway
Visa
Card Fees
Joining Fee(once)
Rs. 1499
Annual Fee(2nd year onwards once)
Rs. 1499
Add-on Card Fee
Nil
Annual Fee Waive off
Annual spends greater than Rs. 2,00,000.
Card Features, Rewards and Benefits
Cashback
Nil
Rewards
25 Reward Points on every Rs. 100 spent at BPCL Fuel, Lubricants & Bharat Gas (Website and app only) spends (Up to 2500 Reward Points per billing cycle, for Website and app Reward Points capped at 500 per billing cycle)
10 Reward Points on every Rs. 100 spent at Dining, Departmental Stores, Grocery & Movies (Up to 7500 Reward Points per billing cycle)
1 Reward point per 100 Rs. spent on other retail purchases (Except Mobile wallet upload & Non BPCL fuel spends).
Milestone Benefits
Amount spent in a year (INR)
Rs. 3 lakhs : e-Gift Vouchers worth Rs 2,000 from Aditya Birla Fashion Or Yatra Or Bata/Hush Puppies.
Fuel Surcharge Waiver
1% on transactions up to Rs. 4000.
Up to Rs. 100 per statement
Plus 25 Reward Points on every Rs. 100 spent at
Dining
10 Reward Points
Movie Benefits
10 Reward Points
Lifestyle Benefits
Nil
Travel Benefits:
Nil
Lounge Benefits
For Domestic – 4 complimentary lounge access per year
Hotel Benefits
Nil
Insurance Benefits
Complimentary Credit Card Fraud Liability cover of Rs. 1 lakh on reporting unauthorized transactions within 48 hours of loss/theft of the card.
Concierge Benefits
Nil
Health Benefits
Nil
Card Charges
Cash Payment fees at branches
Rs. 250
Cash Withdrawal Fees or Cash Advance Fees
2.5% (Min. Rs. 500) of the cash amount
Card Replacement Fees
Rs. 100 to Rs. 250
Charge slip Retrieval Fee
Rs. 225
Cheque Payment Fee
Rs.100
DCC Markup Fees(Dynamic & Static Currency Conversion Markup Fee)
3.5% on International transaction
Duplicate Statement Fee
Rs.100 per statement (>2 months old)
Emergency Card Replacement (When Abroad)
Minimum $175 for VISA, $148 for Mastercard
EMI Processing Fees
Rs. 199
Finance Charges
3.5% per month (42% per annum) (Min Rs 25)
Foreign Currency Transaction fee(Forex Charges)
3.5% of the transaction value
Late Payment charges
Nil if Total Payment Due is less than Rs. 500
Rs. 400 if total payment due is between Rs. 501 – Rs. 1,000
Rs. 750 if total payment due is between Rs. 1,001 – Rs. 10,000
Rs. 950 if total payment due is between Rs. 10,001 – Rs. 25,000
Rs. 1100 if total payment due is between Rs. 25,001 – Rs. 50,000
Rs. 1300 if total payment due is greater than Rs.50,000
* Additional Rs. 100 for missing payment of Minimum Amount Due *
Outstation Cheque Fee
N/A
Over Limit Fees
2.5% of the over limit amount (Min Rs. 600)
Payment (cheque/ECS/NACH/Auto Debit Reversal) Dishonor Fees
2% of the payment amount subject to Min. Rs.500
Payment of Customs duty
2.25% (Min Rs. 75)
Priority Pass Lounge Charges
$27 per visit + taxes
Railway Tickets Surcharge
Rs. 30 + 2.5% of transaction amount on Counters, 1% on IRCTC website
Rental Transaction Fee
Rs. 199
Reward Points Redemption Fee
Rs. 99
Any Other Charges
Cheque Pickup fee – Rs. 100
Fuel – 2.5% of transaction value or Rs. 10 whichever is higher
Terms & Conditions!
* Goods & Service Tax(GST) applicable on all fees, interest and other charges. All fees, charges, rewards, or any other terms can change at any time. Always read the Terms and Conditions on the Bank’s page.