BPCL SBI Credit Card Review

SBI offers BPCL SBI Card in collaboration with Bharat Petroleum. This card is specially designed for fuel transactions. You can save on fuel purchases. This card has so many facilities such as welcome gifts, Value Back Benefits, Reward points, waiver on fuel surcharge, worldwide Acceptance, etc. Let’s discuss its benefits in detail.  

BPCL SBI Credit Card Review

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 18 to 60 yrs. 
    • Income: ₹20,000 monthly. 
  • For self-employed person:
    • Age: 18 to 60 yrs. 
    • Income: ₹20,000 monthly. 
  • Good CIBIL Score (750 or more).
  • Good relation with the bank. 

Required Documents:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Latest salary slip, (3 months) 
      • ITR
    • Self-employed person
      • Latest Income tax return. 
      • Proof of business
      • Recently audited financial report. 

Fee:

  • Joining Fee: ₹499 + GST
  • Annual Fee: ₹499 + GST

Benefits:

  • Welcome benefit:

After paying the joining fees you will get 2000 bonus reward points worth ₹500, you will get these bonus reward points within 20 days of paying the joining fees.

You can use these reward points for purchasing fuel from BPCL or BPCL vouchers, and from the exclusive reward catalog, etc.

  • Value Back:

You will get 13X reward points on fuel purchase at BPCL which is equivalent to 4.25% value back.

You can avail a maximum of 1300 reward points in a billing cycle.

  • Reward benefit:

If you spend Rs.100 at grocery stores, departmental stores, and for movies, dining you will get 5X reward points.

If you spend Rs.100 for all other purposes excluding fuel purchase you will get 1 reward point.

These reward points are redeemable and you can use these reward points for fuel purchase at a selected 1200 BPCL petrol pump.

  • Fuel surcharge waiver:

You will get freedom from fuel surcharge at any BPCL petrol pump in India. You will get a 4.25% value back for fuel transactions, applicable on transactions up to ₹4,000. 

You can save a maximum of ₹100 per month thus you can save Rs.1200 annually. You will be able to save 70 liters of fuel per year. 

  • Add on Facility:

You can add any 2 of your family members like parents, spouse, and siblings with the BPCL SBI Card as an add-on member. The member’s age should be minimum of 18 years

  • Flexipay:

By using flexipay you can convert your transaction into easy monthly installment. This feature is very helpful for frequent shoppers. 

  • Balance Transfer:

You can Transfer your other bank credit card’s outstanding to your BPCL SBI Card and pay back it in EMIs with a lower interest rate.

  • Global Acceptance:

BPCL SBI Card is accepted throughout the world. You can use it at almost any outlet or e-commerce site to make payments.

Charges:

  • Cash Withdrawal Charge: 2.5% against the withdrawal amount, minimum ₹500. 
  • Finance Charge: 3.35% monthly. 
  • Foreign currency transaction: 3.5% against the transaction amount. 

Contact Details:

Call: 1800 180 1290 (toll free) 

         3902-0202 (add the STD code of your locality)

Mail: [email protected]

100xGain Ratings: 7/10

Final Opinion:

This card is specially designed for fuel-related benefits, it offers benefits like big reward benefits, which you can use to purchase fuel, Value back on fuel purchase, fuel surcharge waiver, Flexipay, balance transfer facility, etc. so if you want to earn benefits from fuel purchase, then this card can be a good option for you. But if you want a low-cost fuel card, you can go for ICICI HPCL Fuel Credit Card. 

Categories SBI

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