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Anyone here holding both SBI BPCL Octane and SBI Cashback CC

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AlgoTrader

AlgoTrader

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Anyone here holding both SBI BPCL Octane and SBI Cashback CC?

I have SBI BPCL CC and upgrade to SBI BPCL Octane is denied. So I am planning to close SBI BPCL CC and after few months planning to apply for SBI BPCL Octane CC.
Other option is to get SBI Cashback CC first and then close SBI BPCL CC and after few months apply for SBI BPCL Octane CC. This way, I will continue to have relationship with SBI Cards.

But the question is, whether SBI will allow us to hold both SBI BPCL Octane and SBI Cashback CC at the same time. Is there Anyone here holding both SBI BPCL Octane and SBI Cashback CC?
 
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If you are fine with paying joining and annual fees or meeting the spend criteria for waiver, then go ahead. Otherwise, I personally don't see a point in Octane unless you have requirements that are met by the Octane card.
 
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akshayhs said:
If you are fine with paying joining and annual fees or meeting the spend criteria for waiver, then go ahead. Otherwise, I personally don't see a point in Octane unless you have requirements that are met by the Octane card.
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yeah i am fine with the fee, but SBI is not providing me the card upgrade. I escalated till Cust Sev Head, no use. So I am planning on closing current card and planning to apply afresh
 
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Yes I hold both, and didn't face any problem
If your are okay with fees of octane card 1499/-
And cashback card 999/- (gst excluding)
Then go ahead

Basically if you use octane card, then your fuel purchase should be of rs 10000 or more per month at bpcl pump,
Then only this card is good for you

Cashback card is good, if you can use it properly.
 
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parasf said:
Yes I hold both, and didn't face any problem
If your are okay with fees of octane card 1499/-
And cashback card 999/- (gst excluding)
Then go ahead

Basically if you use octane card, then your fuel purchase should be of rs 10000 or more per month at bpcl pump,
Then only this card is good for you

Cashback card is good, if you can use it properly.
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Perfect, thanks. Fee is fine.
One question, octane doesn't provide rewards beyond fuel transactions of more than 10K per month, right? Since you said, 10 k or more, I am asking
 
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AlgoTrader said:
yeah i am fine with the fee, but SBI is not providing me the card upgrade. I escalated till Cust Sev Head, no use. So I am planning on closing current card and planning to apply afresh
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Of course do that only. I tried in so many levels in their department for upgrading my BPCL card to BPCL Octane but in vain so I closed my BPCL Card and I'll try again in 3 months for applying fresh BPCL Octane Card. By the way I hold SBI Cashback and SBI Paytm already.
 
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AlgoTrader said:
Perfect, thanks. Fee is fine.
One question, octane doesn't provide rewards beyond fuel transactions of more than 10K per month, right? Since you said, 10 k or more, I am asking
Click to expand...
No the BPCL Octane is still very valuable card even if you spend below 10k as it's still the best fuel based card in whole of India regarding the rewards you receive for spending in fuel and even groceries and departmental stores.
 
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digbijoyonline said:
Of course do that only. I tried in so many levels in their department for upgrading my BPCL card to BPCL Octane but in vain so I closed my BPCL Card and I'll try again in 3 months for applying fresh BPCL Octane Card. By the way I hold SBI Cashback and SBI Paytm already.
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Perfect. let me know when you apply for it bro.
I got another call today from sbi card cust serv head and they said, they will try upgrade again and asked for 10 days. Lets see.
If this doesn't work out, I am planning to close the bpcl card in dec and apply for octane in jan
 
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AlgoTrader said:
Anyone here holding both SBI BPCL Octane and SBI Cashback CC?

I have SBI BPCL CC and upgrade to SBI BPCL Octane is denied. So I am planning to close SBI BPCL CC and after few months planning to apply for SBI BPCL Octane CC.
Other option is to get SBI Cashback CC first and then close SBI BPCL CC and after few months apply for SBI BPCL Octane CC. This way, I will continue to have relationship with SBI Cards.

But the question is, whether SBI will allow us to hold both SBI BPCL Octane and SBI Cashback CC at the same time. Is there Anyone here holding both SBI BPCL Octane and SBI Cashback CC?
Click to expand...
Yes I’m holding both the cards
Octane - Renewal is due this month
Cashback - Been 6 months now

Hopefully will try for renewal fees waiver once the card statement is generated.
 
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Yes, I have both the cards. SBI Octance CC & SBI Cashback CC.

SBI Octane - My petrol expense is mostly around 6 to 7k which translates to close to 425 Rupees in cashback. In addition, Departmental / Groceries store (e.g. D-Mart) monthly expenditure is close to 10k. Reward rate for departmental / groceries spend is 10x which is a decent award. I think we can easily recover the annual fees charged by the card.

SBI Cashback CC - Have been holding it since last 6 months and totally satisfied with the card. Almos
 
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AlgoTrader said:
Perfect, thanks. Fee is fine.
One question, octane doesn't provide rewards beyond fuel transactions of more than 10K per month, right? Since you said, 10 k or more, I am asking
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First sorry for late reply, due to I face an accident
Yes, you are right. You can get max 2500 reward points per month means max 10000 petrol purchase.

And 6000 reward points, you will get on payment of joining fees. Will not get 2nd year onward.
You will get milestone benefit like ₹ 2000 voucher on spend of ₹ 300000 or more in a year
 
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parasf said:
First sorry for late reply, due to I face an accident
Yes, you are right. You can get max 2500 reward points per month means max 10000 petrol purchase.

And 6000 reward points, you will get on payment of joining fees. Will not get 2nd year onward.
You will get milestone benefit like ₹ 2000 voucher on spend of ₹ 300000 or more in a year
Click to expand...
Thanks, for how long you are holding the card bro
 
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sidharthcc said:
Yes I’m holding both the cards
Octane - Renewal is due this month
Cashback - Been 6 months now

Hopefully will try for renewal fees waiver once the card statement is generated.
Click to expand...
Go ahead and raise closure request for bpcl octane before a week to renewal. Customer care will call you and ask why closure, state the reason of fees, they will record the request. After statement is generated call customer care again and quote your previous call and request number, they will agree to process with effect on same statement day itself. Initial they may say no guarantee of reversal fees, but tell them because of assurance in previous call only you continued, they will budge. This trick worked for my bpcl and my wife's bpcl octane card. All the best.
 
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s73uresh said:
Go ahead and raise closure request for bpcl octane before a week to renewal. Customer care will call you and ask why closure, state the reason of fees, they will record the request. After statement is generated call customer care again and quote your previous call and request number, they will agree to process with effect on same statement day itself. Initial they may say no guarantee of reversal fees, but tell them because of assurance in previous call only you continued, they will budge. This trick worked for my bpcl and my wife's bpcl octane card. All the best.
Click to expand...
Thanks, So we won't get 6000 points from 2nd year onwards for octane? That's confirmed?
 
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