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BPCL SBI Credit Card

The SBI BPCL Credit Card, a product of the partnership between SBI Card and BPCL, stands out as a co-branded credit card tailored for fuel purchases. Designed to cater to beginners, it comes with a minimal annual membership charge of just Rs. 499. This fuel credit card offers significant benefits for fuel purchases, including a total value back of 4.25%, comprising a 3.25% reward rate and a 1% surcharge waiver, applicable to transactions made at all BPCL fuel stations.

Key Highlights of BPCL SBI Card

  • Joining Fees: Rs 499
  • Annual Fees: Rs 499
  • Should be an Indian resident
  • Minimum age of 18 years
  • Must be salaried or self employed
  • Possess last 3 months bank statements.

Features and Benefits of BPCL SBI Credit Card

1. Fuel Surcharge Benefits:

  • Enjoy up to Rs. 100 off your monthly surcharge fee when fueling up at any BPCL petrol station across the country.
  • Annual fuel savings of 70 liters.
  • 4.25% Valueback (13X* points) on fuel purchases at BPCL petrol pumps, with a maximum of 1300 Reward Points per billing cycle.

2. Reward Point Benefits:

  • Earn 5 times the reward points for every Rs. 100 spent on groceries, dining, movie tickets, and purchases at departmental stores.
  • Get 1 reward point for every Rs. 100 spent on anything except fuel.

3. Worldwide Acceptance:

  • You can utilize the card globally, accepted at more than 24 million locations worldwide.
  • Accepted at any MasterCard or Visa outlet.

4. Easy Bill Pay:

  • Easy Bill Pay facility for utility payments.

5. Add-on Credit Card:

  • Add-on cards available for family members.

6. Balance Transfer:

  • Transfer your balance from other credit cards to the BPCL SBI card for reduced interest rates and convenient EMI options.

7. Flexipay Benefits:

  • Transactions above Rs. 2,500 can be converted into easy EMIs with FlexiPay.

8. Other Benefits:

  • Cheque or draft against cash limit available.
  • Effortless control over your account, accessible seamlessly via both the website and mobile application.

BPCL SBI Credit Card Fees and Charges

  1. Joining Fee: Rs. 499
  2. Annual/Renewal Fee: Rs. 499 (Reversed on spending Rs. 50,000 in a year)
  3. Finance Charges: 3.5% per month (42% per annum)
  4. Late Payment Fee (Based on Statement Balance):
  • Less than Rs. 500: Nil
  • Rs. 500 up to Rs. 1,000: Rs. 400
  • Rs. 1,000 up to Rs. 10,000: Rs. 750
  • Rs. 10,000 up to Rs. 25,000: Rs. 950
  • Rs. 25,000 up to Rs. 50,000: Rs. 1,100
  • Amount over Rs. 50,000: Rs. 1,300

Eligibility criteria for the BPCL SBI Credit Card

  1. Visit the SBI Card website.
  2. Click on ‘Personal’ > ‘Credit Cards’ > ‘Apply Now.’
  3. On the new page displaying different categories, select ‘Travel & Fuel Cards’ to find the BPCL SBI Card.
  4. Click the ‘Apply Now’ button under the card details to access the application page.
  5. Complete the necessary fields and proceed by clicking ‘Next Step.’
  6. After submitting your details, you will receive an instant decision from the bank regarding your eligibility for the card.

Documents Required for BPCL SBI Credit Card

1. Identity Proof:

  • PAN Card
  • Aadhaar Card
  • Driving License
  • Voter ID
  • Passport, or other valid ID documents.

2. Address Proof:

  • Aadhaar Card
  • Driving License
  • Passport
  • Current utility bills (issued within the past three months).
  • Ration Card, or other valid address documents.

3. Income Proof:

  • Most recent salary slips
  • Latest Form 16
  • Provide a bank statement covering the past three months to verify your income.

How to apply for BPCL SBI Credit Card

  1. Go to the ‘SBI Card’ webpage and find ‘Personal > Credit Cards > Apply Now.’
  2. Select ‘Travel & Fuel Cards’ from the categories to locate this specific card.
  3. Click the ‘Apply Now’ button under the card details to access the application page.
  4. Fill out the necessary fields and proceed by clicking ‘Next Step.’
  5. After you apply, the bank will swiftly let you know if you qualify for the card.

Frequently Asked Questions (FAQs)

  1. What exactly is the BPCL SBI Credit Card?

The BPCL SBI Credit Card is a collaborative credit card offered by State Bank of India (SBI) and Bharat Petroleum Corporation Limited (BPCL). It’s tailored to reward users specifically for their fuel purchases.

  1. How do I go about applying for the BPCL SBI Credit Card?

To apply for the BPCL SBI Credit Card, you can complete the application process online via SBI’s official website or by visiting your nearest SBI branch. The process typically involves filling out an online form and submitting necessary documents.

  1. What standout features does the BPCL SBI Credit Card offer?

Key features include earning extra rewards on fuel spends, receiving discounts on fuel at BPCL outlets, gaining rewards on other spending categories, and enjoying various lifestyle perks. Make sure to review the current terms and conditions for the latest features.

  1. Is there an annual fee associated with the BPCL SBI Credit Card?

The annual fee varies depending on the specific variant of the BPCL SBI Credit Card. Some cards may have an annual fee, while others offer waivers based on spending thresholds. Refer to the card details or contact customer service for accurate information.

  1. What rewards and benefits can I expect with the BPCL SBI Credit Card?

Expect rewards such as fuel points, cashback, or reward points that can be redeemed for fuel discounts, merchandise, or other perks. Additionally, cardholders may enjoy lifestyle benefits like dining and shopping discounts.

  1. How do I redeem the rewards earned on my BPCL SBI Credit Card?

You can redeem your earned rewards through SBI’s official rewards redemption platform. This platform offers various options, including fuel vouchers, merchandise, and more.

  1. What’s the deal with the fuel surcharge waiver on the BPCL SBI Credit Card?

Many variants of the BPCL SBI Credit Card provide a fuel surcharge waiver at BPCL petrol pumps. This means you’ll get a discount on the fuel surcharge for transactions made using the card at selected fuel stations.

  1. How can I check my BPCL SBI Credit Card balance and statements?

Access your credit card balance and statements through the SBI Card official website or mobile app. Alternatively, reach out to SBI Card customer service for assistance.

  1. Can I connect my BPCL SBI Credit Card to other loyalty programs?

Depending on the card variant, you might have opportunities to link your BPCL SBI Credit Card to specific loyalty programs. Check with the card issuer for details on available partnerships or benefits.

  1. What’s the process for reporting a lost or stolen BPCL SBI Credit Card?

If you’ve misplaced your card or it’s been taken, don’t wait—notify us right away. Contact SBI Card customer service helpline or use the SBI Card website/app to report the loss and request a replacement card.