BPCL Octane vs ICICI HPCL Super Saver | Detailed Comarison

[superstar@123]

I have both the cards but I am not able to fully utilise any of them and with that, would thought to create a detailed comparative analysis for both.
I am just populating the basic things but would like to know how to optimise the fuel spends.

Type of Card	Co-branded Credit Card	Co-branded Credit Card
Fuel Partner	BPCL	HPCL
Annual Fee	Rs. 1,499 (Waived on spending Rs. 2 lakhs/year)	Rs. 500 (Waived on spending Rs. 40,000/year)
Joining Fee	Rs. 1,499	Rs. 500
Reward Points on Fuel	4 Reward Points/Litre	1.5 Reward Points/Litre
Reward Points on Other Spends	1 Reward Point/Rs. 100	1 Reward Point/Rs. 100
Fuel Surcharge Waiver	Yes, on fuel transactions	Yes, on fuel transactions
Lounge Access	Complimentary Lounge Access	Complimentary Lounge Access

[td]Feature[/td][td]BPCL Octane[/td][td]ICICI HPCL Super Saver[/td]

 

[Anupama_Jha]

I have both the cards but I am not able to fully utilise any of them and with that, would thought to create a detailed comparative analysis for both.
I am just populating the basic things but would like to know how to optimise the fuel spends.

Type of Card	Co-branded Credit Card	Co-branded Credit Card
Fuel Partner	BPCL	HPCL
Annual Fee	Rs. 1,499 (Waived on spending Rs. 2 lakhs/year)	Rs. 500 (Waived on spending Rs. 40,000/year)
Joining Fee	Rs. 1,499	Rs. 500
Reward Points on Fuel	4 Reward Points/Litre	1.5 Reward Points/Litre
Reward Points on Other Spends	1 Reward Point/Rs. 100	1 Reward Point/Rs. 100
Fuel Surcharge Waiver	Yes, on fuel transactions	Yes, on fuel transactions
Lounge Access	Complimentary Lounge Access	Complimentary Lounge Access

[td]Feature[/td][td]BPCL Octane[/td][td]ICICI HPCL Super Saver[/td]

ICICI HPCL is little bit complicated over BPCL octane.
Requires certain companies pos machines and RPs posting is also irregular.

If ur nearby BPCL fuel outlet is partner in extra RPs then it's no brainer cc to use. Forgot hpcl

 

[superstar@123]

ICICI HPCL is little bit complicated over BPCL octane.
Requires certain companies pos machines and RPs posting is also irregular.

If ur nearby BPCL fuel outlet is partner in extra RPs then it's no brainer cc to use. Forgot hpcl

Got it.
I also use Octane only but then since there is a limit of 2500 points per month (10k spend), I am looking to explore other options.

 

[superstar@123]

So if I use 10k of fuel per month using BPCL, is it advisable to use HP Card then ?

 

[Virtual King]

would like to know how to optimise the fuel spends.

Some Calculations.
* The annual fees of Octane are Rs 1,499 + 18% GST = Rs 1,768.82.
* To recover these fees, you must buy fuel worth Rs 28,301.12 annually. This is the break-even point in terms of total annual fuel expenditure on your card @ Rs 6.25 worth of fuel per Rs 100 of fuel bought (@ 25 Reward Points (RPs) per Rs 100 fuel transaction @ Rs 0.25 per RP).
* So, if your annual fuel spends are > Rs 28,301.12 then Octane will give you benefits, merely counting the fuel expenditure.
* If you have other expenditure - like gas from BPCL, or dining and travel, etc - then you can refine the calculations accordingly.
* You can refer a detailed guide on Octane here.

Hope this helps. 🙂

 

[Karthi52]

Some Calculations.
* The annual fees of Octane are Rs 1,499 + 18% GST = Rs 1,768.82.
* To recover these fees, you must buy fuel worth Rs 28,301.12 annually. This is the break-even point in terms of total annual fuel expenditure on your card @ Rs 6.25 worth of fuel per Rs 100 of fuel bought (@ 25 Reward Points (RPs) per Rs 100 fuel transaction @ Rs 0.25 per RP).
* So, if your annual fuel spends are > Rs 28,301.12 then Octane will give you benefits, merely counting the fuel expenditure.
* If you have other expenditure - like gas from BPCL, or dining and travel, etc - then you can refine the calculations accordingly.
* You can refer a detailed guide on Octane here.

Hope this helps. 🙂

every year sbi gives annual fee waiver, if u ask for it. i had about 1 lakh spends last year and still got it

 

[maddy143ded]

Some Calculations.
* The annual fees of Octane are Rs 1,499 + 18% GST = Rs 1,768.82.
* To recover these fees, you must buy fuel worth Rs 28,301.12 annually. This is the break-even point in terms of total annual fuel expenditure on your card @ Rs 6.25 worth of fuel per Rs 100 of fuel bought (@ 25 Reward Points (RPs) per Rs 100 fuel transaction @ Rs 0.25 per RP).
* So, if your annual fuel spends are > Rs 28,301.12 then Octane will give you benefits, merely counting the fuel expenditure.
* If you have other expenditure - like gas from BPCL, or dining and travel, etc - then you can refine the calculations accordingly.
* You can refer a detailed guide on Octane here.

Hope this helps. 🙂

Bro. If you pay annual fee you get ₹1500 worth 6000 RPs. So that Calculation is OFF the mark

 

[Virtual King]

Bro. If you pay annual fee you get ₹1500 worth 6000 RPs. So that Calculation is OFF the mark

Yes, correct, that's for the 1st year, when you get the RPs.

Thereafter, from the 2nd year onwards, as long it remains a paid card, the calculations are what they are.
🙂

 

[Karthi52]

every year sbi gives annual fee waiver, if u ask for it. i had about 1 lakh spends last year and still got it

reply to myself, got my card converted to LTF now. never paid fees for two years except for joining fee which came with reward points and used around 1 lakh for both years i was holding the card