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SBI Octane RuPay JCB Select Credit Card launched | 6.25% on fuel

Abhishek012

TF Pioneer
SBI Octane RuPay JCB Select Credit Card launched | 6.25% on fuel:
sbi octane.jpg

Joining FeeRs 1499+GST
Welcome Gift6000 Reward Points ~Rs 1500 Value
Annual FeeRs 1499+GST
Renewal BenefitNone
Annual Fee WaiverOn spends of Rs 2 Lakh in a year

Rewards​

The BPCL SBI credit card OCTANE has a 6.25% reward rate for all BPCL spends including Bharat Gas spends. Other than this, it also gives good rewards for Dining, Departmental Stores, Grocery & Movies category spends. This makes it easy to achieve the required spends for an annual fee waiver.

TYPE OF SPENDREWARD POINTSRETURN
BPCL Fuel, Lubricants & Bharat Gas Spends25 RP per Rs 100
*Maximum 2500 RP per billing cycle
* Rs 4000 Max transaction value for rewards
* 1% fuel surcharge waiver
6.25%
Dining, Departmental Stores, Grocery & Movies10 RP per Rs 100

*Maximum 7500 RP per month
2.5%
Other spends (Except Non-BPCL Fuel and Wallets)1 reward point per Rs 1000.25%

The monthly transaction value to hit the max cap of accelerated fuel rewards would be Rs 10,000. This should be more than enough for most people. We can also spend on other categories like Departmental Stores and Grocery to reach the annual fee waiver. The 2.5% value back on these is also pretty good.

Milestone Rewards​

Spend Rs 2 Lakhs to get the annual fee waiver and get maximum rewards on fuel transactions.
  • Rs 2000 gift voucher on Rs 3 Lakhs spend in a membership year (0.67% Return)
  • Gift voucher options: Aditya Birla Fashion, Yatra, Urban Ladder, Hush Puppies, and Bata

BPCL SBI Credit Card OCTANE Rewards Redemption​

Each reward point for BPCL SBI credit card OCTANE is worth 25p. We can redeem the reward points for either fuel or from the reward catalogue. Fuel redemption makes more sense as it is instant redemption at the listed outlets.
  • PoS redemption is supported at outlets listed here.
  • E-Voucher redemption is supported at outlets listed here.

Complimentary Airport Lounge Access​

  • Domestic Airport Lounge Access: 4 complimentary visits per year
  • International Airport Lounge Access: Not Available

Key Benefits and Charges​

  • Fuel Surcharge Waiver: 1% waiver on fuel transactions up to Rs 4000. Maximum surcharge waiver of Rs 100 in a statement cycle.
  • Rent Payment Charges: Rs 199+GST for each transaction
  • Foreign Currency Markup: Dnt know yet for SBI Card RuPay JCB Variant.
  • Interest Rate: 3.5% per month or 42% annually
sbioctanejcbcard.jpg

Official source:
 
Last edited:
@Rocky Bhai Please share the journey.
I am also planning to apply for BoB Octane Visa if this is possible on call to convert.
Sbi now has introduced the option to change card network over the call via ivr with confirmation. Just ask cc to change card network they will transfer your call on ivr to confirm and done service request will be created for that. I placed the request yesterday and today I noticed the change in network and last 4 digits of card in sbi card app
 
Sbi now has introduced the option to change card network over the call via ivr with confirmation. Just ask cc to change card network they will transfer your call on ivr to confirm and done service request will be created for that. I placed the request yesterday and today I noticed the change in network and last 4 digits of card in sbi card app
Did they reissued add-on cards on the new network?
 
Sbi now has introduced the option to change card network over the call via ivr with confirmation. Just ask cc to change card network they will transfer your call on ivr to confirm and done service request will be created for that. I placed the request yesterday and today I noticed the change in network and last 4 digits of card in sbi card app
SBI Cashback bhi?
 
SBI Cashback bhi?
hindustani-bhau-kya-soch-hai-re-teri.gif
 
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