Question 1

What is the annual fee on the BPCL SBI Card OCTANE and how do you get it waived?

Accepted Answer

The BPCL SBI Card OCTANE charges ₹1,499 plus GST as a joining fee and the same ₹1,499 again at renewal. SBI Card waives the renewal fee if you spend ₹2L in the previous year, which is about ₹16,667 a month. If your card spend sits below that, treat ₹1,499 as a real yearly cost that your rewards have to clear first.

Question 2

What is the reward rate on the BPCL SBI Card OCTANE?

Accepted Answer

You earn 25 points per ₹100 on BPCL Fuel & Lubricants. Everything else earns 1 point per ₹100. Each point is worth about ₹0.25 when you redeem it well, so ₹10,000 of top category spend gives you 2500 points, roughly ₹625, which is about 6.2% back. The accelerated rate stops after ₹625 of spend in a month. Mobile wallet upload, Non BPCL fuel spends earn nothing at all.

Question 3

Does the BPCL SBI Card OCTANE give free airport lounge access?

Accepted Answer

The BPCL SBI Card OCTANE gives 4 complimentary domestic lounge visits a year, usually capped at 1 per quarter. There is no prior spend requirement on paper, though SBI Card has been moving cards to spend linked access, so confirm before you rely on it at the airport.

Question 4

What changed on the BPCL SBI Card OCTANE recently and is it still worth it in 2026?

Accepted Answer

Insurance removed (Jul 2025); lounge tightened (Jan 2026); 1% wallet/education fees. Core 7.25% fuel value-back intact. The changes are dated Jul 2025; Jan 2026. At ₹2L of yearly spend the card returns roughly ₹500 at its general rate of about 0.25%, against a ₹1,499 renewal fee. That does not clear the fee on its own, so this card only makes sense if the lounge visits or the co-brand benefits are worth the gap to you.

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BPCL SBI Card OCTANE

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