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BPCL SBI Credit card

Apply BPCL SBI Credit card

Annual Fee

499₹

Reward Type

Fuel

Joining Fee

499₹

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Overview

SBI has many types of credit cards that range from basic cards with minimum limits (based on the account and history of the person with the bank or any other criteria set by the bank) to ultra premium and partner companies specific credit cards. One of the popular credit cards offered by SBI is the BPCL SBI Credit Card.

BPCL SBI Credit Card is a fuel type credit card issued by SBI in collaboration with BPCL (Bharat Petroleum Corporation Limited). This card offers many attractive incentives like reward points and benefits that make it a great choice for all customers.

The details of the BPCL SBI Credit Card offered by the bank are mentioned below.

Eligibility and Application Process for BPCL SBI Credit Card

SBI offers the specialized BPCL credit cards to all its customers. Customers can apply for this credit card from the website of the bank or by visiting the nearest branch of the bank personally. The executives at the branch assist customers in applying for the card. Alternatively, the customers can also contact the customer care service of the bank to get more information about the BPCL SBI Credit Card and the application process for the same.

The process of online application for this product of SBI is given below.

  • The customer will have to first visit the website of SBI Card
  • Next step is to click on the following link 
    • ‘Personal Credit Cards Travel & Fuel BPCL SBI Credit Card Apply
  • The customer will be redirected to a new page where they will have to provide personal and professional details along with a declaration that such person already has an SBI Credit Card or not.
  • After submitting all the required details, the customer will get an instant acknowledgement from the bank as well as a confirmation if such person is eligible for the BPCL SBI Credit Card or not.
  • Upon the confirmation of eligibility the customer will get the details of the credit limit on their online account and will then be approached by the Bank’s executives for further guidance of the procedure to get the card.

Documents Required for BPCL SBI Credit Card

The documents required by SBI for the said card are some of the basic KYC documents and income proof of the applicant. Following is the list of documents that are needed by the bank.

  • Identity Proof of the Applicant (Aadhaar Card, Passport, Driving License, etc.)
  • Address Proof of the Applicant (Aadhaar Card, Passport, Voter ID, Ration Card, Recent Utility Bills, etc.)
  • PAN Card
  • Income Proof of the Applicant (Latest Salary Slips, Salary Certificate, Latest ITR)
  • Recent Passport Size Photographs

Features of BPCL SBI Credit Card

BPCL SBI Credit Card is one of the many lucrative credit cards offered by SBI. The card has many attractive offers and reward schemes that benefits the card holders in terms of fuel benefits or welcome gifts. Following are the features and the benefits of the BPCL SBI Credit Card.

  • The BPCL SBI Credit Card being issued in collaboration with Bharat Petroleum is primarily a fuel card but it also has many additional benefits other than on fuel transactions.
  • The customers can save up to Rs.100 per month towards the surcharge on the fuel transactions which amounts to a savings of Rs. 1,200 per year.
  • The other reward benefits include 5x (5 times) the reward points on a minimum transaction of Rs. 100 spent on either any of the following activities,
    • Movies
    • Dining
    • Purchasing groceries
    • Spent on departmental stores
  • The bank also offers 1 reward point on every transaction of minimum Rs. 100 towards non-fuel related purchases.
  • Furthermore, BPCL SBI Credit Cards offers welcome gifts to its customers. This welcome gift includes 2000 Activation Bonus Reward points which are equivalent to Rs. 500 i.e. the value of the joining fee.
  • These reward points will be credited to the customer’s account 20 days after the payment of the joining fee.
  • The customer can redeem these reward points instantly thereafter against the fuel transaction at any BPCL Outlets or against BPCL vouchers or against Shop and Smile rewards catalogue.
  • Other value added benefits of the BPCL SBI Credit Card include 13x (13 times) reward points on fuel transactions or fuel purchase at recognized BPCL outlets or petrol pumps.
  • The customer is entitled to get a maximum of 1300 reward points per billing cycle.
  • The total value added benefits amount to 4.25% valueback, which includes the 13 times reward points mentioned above that comes to about 3.25% as well as the fuel surcharge waiver of 1% on every transaction of the customer.
  • This provides the customer with a benefit up to Rs. 4000 on every transaction executed at the recognized BPCL petrol pumps across the country.
  • The other additional benefits of the card that are available to the cardholder are,
    • Use of this card to pay utility bills like telephone bills, electricity bills, etc.
    • Easy availability of add on cards to family members over the age of 18 years at zero additional cost.
    • The cardholders also get the option of flexipay. This option enables the customers to convert the outright payment of a transaction to easy monthly installments (EMI). Such facility is available on any transaction over the minimum value of Rs. 2,500.
    • The bank also has the facility to waive the renewal fee for the following year if the spending or the transaction value of the customer is over Rs. 50,000 for the previous year.
    • BPCL SBI Credit Card is a globally accepted card and has over 24 million outlets across the globe 3,25,000 of which are in India.

Fees and Charges for BPCL SBI Credit Card

The detailed list of fees and charges that are levied on the customer holding a BPCL SBI Credit Card are mentioned below.

Basic Charges

Particulars

Fees/Charges

Joining Fee

Rs. 500 (One time)

Renewal Fee

Rs. 500 Per Year (Waived in case total Value of Transaction for previous year is over Rs. 50,000

Fees for Add on Cards for Family Members 

NIL

Late Payment Charges

Total Amount Due

Fees/Charges

Rs. 0 – Rs. 500

NIL

More than Rs. 500 – Rs. 1,000

Rs. 400

More than Rs. 1,000– Rs. 10,000

Rs. 750

More than Rs. 10,000 

Rs. 950

Other Charges

Particulars

Fees/Charges

Payment Dishonour Fees

2% of the payment amount (minimum Rs. 500)

Statement Retrieval Fees

Rs. 100 per Statement which is older than 2 months

Cheque Pickup Fees

Rs. 100

Cheque payment Fees

Rs. 100

Overlimit Fees

2.5% of the Overlimit amount (Minimum  Rs. 500)

Card Replacement Fees

Rs. 100

Emergency Card replacement fees when the customer is abroad

NIL

Foreign Currency Transaction Fees

3.50% conversion mark-up

Dynamic Currency Conversion 

1.99% conversion mark-up for Elite cardholders

3.50% for others

(for minimum transaction value of Rs. 1,000)

Rewards Redemption Fees

Rs. 99

Cash Payment Fees

Rs. 199

Other Key Points to be noted

  • BPCL SBI Credit Card holders will receive an interest free credit period of 20 to 50 days provided the outstanding balance of the preceding month is paid in full. This facility is available only on retail transactions.
  • The minimum amount due each month will be 5% of the total amount due (minimum Rs. 200). This amount will be inclusive of taxes and the applicable EMIs (if any).
  • The interest to be charged on overdue or unsettled amount will be to the extent of 3.35% per month (40.2% per year) or Rs. 25, whichever is higher. These charges will be applicable from the date of the transactions.
  • SBI offers a cash advance limit to its BPCL SBI Credit Card holders up to 80% of the credit limit. This limit is up to a maximum of Rs. 12,000 per day.
  • An interest of Rs. 25 or 3.35% per month (40.2% per annum), whichever is higher, will be levied on the amount withdrawn from the date of the withdrawal.
  • SBI also charges a cash advance fee. The details of the same are,

Particulars

Charges

SBI or other domestic ATMS 

2.5% of the transaction amount (minimum Rs. 500)

International ATMS

2.5% of the transaction amount (minimum Rs. 500)

  • SBI also charges surcharge on the use of BPCL SBI Credit Cards for booking of train tickets. Following are the details of the charges.

Particulars

Charges

Ticket purchased through IRCTC Counters

Rs. 30 + surcharge @2.5% of the transaction amount

Ticket purchased through IRCTC website (irctc[dot]co[dot]in)

surcharge @1.8% of the transaction amount + Service Charges as applicable

About SBI Bank

SBI is a leading public sector bank in India and also the largest bank in the country having about 23% of the market share in terms of total assets and about 25% share in the loans and deposit segment. SBI has many products and services like loans, credit cards, debit cards, etc. that are designed specifically for its customers depending on their needs.

FAQs - BPCL SBI Credit Card

1. Can the BPCL SBI Credit Card be used to pay utility bills?

Yes. The BPCL SBI Credit Card holders can use this card to pay their utility bills and can also earn a reward point for the same.

2. Can the card be used globally?

Yes. BPCL SBI Credit Card can be used at more than 24 million outlets globally.

3. What are the charges for any additional or add on cards of BPCL SBI Credit Card?

The customers can get add on cards on BPCL SBI Credit Cards at zero cost for their Family members.

4. What is the interest rate to be charged on the overdue amount each month?

The customers will be charged interest at the rate of 3.35% per month (40.2% per annum) on the outstanding amount.

5. What are the approximate annual savings in fuel through the BPCL SBI Credit Card?

The approximate annual savings in the fuel usage of the customer on account of the BPCL SBI Credit Card is to the extent of 70m liters. 4 reward points of BPCL SBI Credit Card amount to Re. 1 of free fuel.

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Customer Reviews

4 / 5 (421 Reviews)
8 Oct 2018

Nice and good

17 Aug 2018

Good any time any where

15 Aug 2018

Very helpful

26 Jul 2018

Very help full. To get credit report. & good offer

13 Jul 2018

Very good for bank inquiry

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