SBI Card, BPCL jointly launch credit card offering benefits to high fuel spending customers
SBI Card on Tuesday announced launch of ‘BPCL SBI Card Octane’ in association with Bharat Petroleum Corporation Ltd (BPCL), offering maximum savings to consumers who spend a significant amount on fuel. The credit card has been designed to offer maximum savings to the well-heeled consumer segment which spends a significant amount on fuel.
The BPCL SBI Card Octane brings 25X reward points on spends for BPCL fuel and MAK Lubricants, Bharat Gas (LPG) spends (website and app only) and BPCL’s ‘In & Out’ convenience store spends, SBI Card said in a release.
The card offers 7.25 per cent value back (including 1 per cent surcharge waiver) on fuel and lubricant spends at BPCL fuel stations and 6.25 per cent value back on Bharat Gas spends, it added.
It also bundles in accelerated savings on other regular spend categories, including departmental store and grocery, dining and movies.
Card holders can avail the benefit from over 17,000 BPCL fuel stations across the country, and there will be no minimum transaction threshold for fuel spends, enabling customers to save with every transaction, the pure-play credit card company said.
