SBI BPCL Credit Card Review

SBI has several types of credit cards in their basket, like travel, shopping, reward, cash back, etc. You can find almost every category in their credit card list. And the sbi bpcl credit card is one from the fuel credit card category. SBI has designed this card with the alliance of Bharat Petroleum.

If you want to save on fuel transactions this card can be the perfect choice for you. Apart from this card also offers some exciting sbi bpcl credit card features and benefits like Value Back Benefits, Reward points, waiver on fuel surcharge, worldwide Acceptance, etc. Let’s analyze the bpcl sbi credit card benefits and see how much this card has to offer us. 

BPCL SBI credit card eligibility criteria:

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

Visit our FAQ page to know how to apply credit card in sbi bank online ? and  how to check sbi credit card application status ?

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 (Income Tax Return) 
    • Self-employed person
      • Latest Income tax return. 
      • Proof of business
      • Recently audited financial report. 

Click here to know how to activate sbi credit card for online transaction ?

Sbi bpcl credit card Fees:

  • Joining Fee: Rs. 499 + GST
  • Annual Fee: The sbi credit card annual charges for this card is Rs. 499 + GST

Sbi bpcl credit card benefits:

  • Welcome benefit:

After paying the joining fees you will get 2000 bonus reward points worth Rs. 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 sbi credit card welcome gift voucher, and from the exclusive reward catalog, etc.

  • Value Back:

With your SBI bpcl credit card you will get 13X reward points on fuel purchase at BPCL which is equivalent to 4.25% value back.

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

  • Reward benefit:

If you spend Rs.100 at grocery stores, departmental stores, and for movies, dining with your bpcl sbi card 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 or you can redeem them against the sbi bpcl credit card reward points redemption catalog.

  • Fuel surcharge on credit card:

You can use your bpcl sbi contactless card to get up to 4.25% value back for fuel transactions, applicable on transactions up to Rs. 4,000. 

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

  • Add on credit card:

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

  • Flexipay:

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

Feel free to visit our FAQ page to know how to check sbi credit card limit online. 

  • Bpcl sbi credit card balance transfer feature:

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.

You can check your sbi bpcl credit card limit from your online banking account. 

  • Global acceptance:

Your bpcl sbi platinum visa card is accepted throughout the world. You can use it at almost any outlet or e-commerce site to make payments.

SBI bpcl card charges:

Particulars 

Payable Amount

Cash Withdrawal Charge.

2.5% against the withdrawal amount, minimum Rs. 500. Check your sbi bpcl credit card maximum limit before making a withdrawal.

Finance Charge.

The sbi bpcl card interest rate is 3.35% monthly.

Foreign currency transaction.

3.5% against the transaction amount.

Add-on card fee.

None, free for a lifetime.

Sbi bpcl credit card customer care contact details:

Sbi bpcl credit card customer care number: 1860-180-1290 / 022-3902-0202 or 1860-180-7777

Sbi credit card customer mail id[email protected]

100xGain Ratings:

7/10

If you want to close your credit card account, then visit our FAQ page to know how to cancel sbi credit card online.

Final Opinion:

Hopefully, this bpcl sbi credit card review has helped you to understand this card better. This card is specially designed for fuel-related benefits, there are some sbi bpcl credit card 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.

Otherwise, this card will not be that much beneficial for you. In that case, you can take a look at the alternative card options given below. 

Alternative Cards: 

  1. Canara RuPay Select Credit Card. (Best for offering higher credit limit and reward points) 
  2. hsbc visa platinum credit card. (Best for dining and fuel surcharge waiver) 
  3. Kotak Mahindra Solaris Platinum Credit Card. (Best for reward point and fuel surcharge waiver)
  4. Central SBI Select+ Card. (Best for earning reward points) 

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