What are the annual fees for BPCL SBI Octane Credit Card and SBI ELITE Credit Card?

BPCL SBI Octane Credit Card has ₹1,499 + GST. SBI ELITE Credit Card has ₹4,999 + GST. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

BPCL SBI Octane Credit Card earns about 0.25% on general spends; SBI ELITE Credit Card earns about 0.5%. Category and partner rates may differ — see the table above.

What is the forex markup on each card?

BPCL SBI Octane Credit Card: 3.5%. SBI ELITE Credit Card: 1.99% (plus 18% GST on the markup).

Do both cards include airport lounge access?

BPCL SBI Octane Credit Card: yes — see the lounge row above for limits. SBI ELITE Credit Card: yes — see the lounge row above for limits.

Card Comparison

BPCL SBI Octane vs SBI ELITE

BPCL SBI Octane vs SBI ELITEcompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

BPCL SBI Octane

SBI Card

Fee₹1,499+GST

Eff. rate0.25%

CapCategory

Fee

₹1,499+GST

Eff. rate

0.25%

Cap

How they compare

BPCL SBI Octane and SBI ELITE suit different spending patterns, so the right pick depends on where and how much you spend. The key difference: 0.25% vs 0.5% effective rate. Use the table below to weigh fees, reward rates, caps, and exclusions against your own usage.

At a glance

BPCL SBI Octane

Annual fee: ₹1,499 + GST
Everyday rate: 0.3%
Monthly cap: No cap

Notable strengths

Bonus rewards on BPCL (up to 6.3%)
No monthly reward cap

SBI ELITE

Annual fee: ₹4,999 + GST
Everyday rate: 0.5%
Monthly cap: ₹10,000/mo

Notable strengths

Low forex markup (2.0%)

Each card's own strengths — not a ranking. Weigh them against where you actually spend.

44 specs · 13 sections

BPCL SBI Octane

SBI ELITE

Feature

BPCL SBI Octane

SBI ELITE

Annual Fee

₹1,499

₹4,999

Joining Fee

₹1,499

₹4,999

Fee Waiver Spend

₹2,00,000

₹10,00,000

Forex Markup

3.5%

1.99%

Reward Type

Reward Points

Base Rate

0.25%

0.5%

Online Rate

0.25%

0.5%

Offline Rate

0.25%

0.5%

Effective Base Rate

0.25%

0.5%

Point Value

₹0.25

Redemption Quality

MEDIUM

Best Redemption

₹0.25

Worst Redemption

₹0.15

Bharat Gas

6.25%

—

Bpcl

6.25%

—

Grocery / Supermarkets

2.5%

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

2.5%

Flights, Hotels, OTAs, Tour Operators

0.25%

0.5%

Other Retail / Catch-all

0.25%

0.5%

Monthly Cap

Category caps apply

₹10,000

Est. Annual Cap

Category caps apply

₹1,20,000

Total Excluded

3 categories

4 categories

EMI Transactions

Earns rewards

Excluded

Domestic Visits/Year

International Visits/Year

None

Priority Pass

Yes

Est. Annual Value

₹1,760

₹8,470

Forex Markup

3.5%

1.99%

Description

6,000 Bonus Reward Points worth ₹1,500 on payment of annual membership fee

E-gift vouchers worth â‚¹5,000 from Yatra, Aditya Birla Fashion, Hush Puppies/Bata, Pantaloons, or Shoppers Stop

Estimated Value

₹1,500

₹5,000

Fuel Surcharge Waiver

Yes

Best Suited For

Fuel, Dining, Grocery, Movies

Movies, Travel, Dining, Grocery

Min Income

₹25,000/month

₹60,000/month

Income Proof

Required

Not required

Secured FD

Accepting Applications

Yes

Network

Visa, RuPay

Visa, Mastercard

Card Tier

Gold

Premium

Still weighing your options?

Other popular matchups to line up against your shortlist.

Frequently asked questions

What are the annual fees for BPCL SBI Octane Credit Card and SBI ELITE Credit Card?: BPCL SBI Octane Credit Card has ₹1,499 + GST. SBI ELITE Credit Card has ₹4,999 + GST. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: BPCL SBI Octane Credit Card earns about 0.25% on general spends; SBI ELITE Credit Card earns about 0.5%. Category and partner rates may differ — see the table above.
What is the forex markup on each card?: BPCL SBI Octane Credit Card: 3.5%. SBI ELITE Credit Card: 1.99% (plus 18% GST on the markup).
Do both cards include airport lounge access?: BPCL SBI Octane Credit Card: yes — see the lounge row above for limits. SBI ELITE Credit Card: yes — see the lounge row above for limits.

Reviewed by WhichWise Editorial Team. Each card's data is verified against the issuer's official terms.

Sources: SBI Card - BPCL SBI Octane · SBI Card - SBI ELITE