BPCL SBI Card OCTANE vs IndianOil HDFC Bank Credit Card
How BPCL SBI Card OCTANE and IndianOil HDFC Bank Credit Card compare on fees, rewards and eligibility — verified as of June 2026.
By NexMaxo Editorial Team · Terms verified June 2026
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Quick take
Neither is lifetime-free: BPCL SBI Card OCTANE costs ₹1,499 + GST (reversed on ₹2L annual spend) and IndianOil HDFC Bank Credit Card costs ₹500 + GST (waived on ₹50,000 annual spend) — both waivable on spend, so the rewards decide it.
BPCL SBI Card OCTANE — better for drivers who refuel mainly at bpcl pumps.
IndianOil HDFC Bank Credit Card — better for indianoil customers who want a low-fee everyday fuel card.
Side by side
| BPCL SBI Card OCTANESBI Card | IndianOil HDFC Bank Credit CardHDFC Bank | |
|---|---|---|
| Annual fee | ₹1,499 + GST (reversed on ₹2L annual spend) | ₹500 + GST (waived on ₹50,000 annual spend) |
| Reward rate | 25 RP/₹100 BPCL fuel (≈7.25%); 10X groceries/dining; 1 RP = ₹0.25 | 5% Fuel Points at IndianOil/groceries/bills (capped); 1 FP/₹150 else |
| Lifetime-free | No | No |
| Network | Visa | RuPay / Visa |
| Eligibility | 18+ yrs; salaried/self-employed (≈₹30k/mo, aggregator-sourced) | 18–70 yrs; salaried ₹12,000+/mo or self-employed ITR > ₹6L |
| Best for | Drivers who refuel mainly at BPCL pumps. | IndianOil customers who want a low-fee everyday fuel card. |
BPCL SBI Card OCTANE
- 25 reward points per ₹100 at BPCL fuel — ≈7.25% (cap 2,500 RP/cycle)
- 10X reward points on groceries, departmental stores, dining & movies (cap 7,500 RP/mo)
- 1% fuel-surcharge waiver on BPCL up to ₹4,000/txn (1 RP = ₹0.25)
IndianOil HDFC Bank Credit Card
- 5% Fuel Points at IndianOil outlets, groceries & bill payments (monthly caps)
- 1 Fuel Point per ₹150 on other spends incl. UPI (1 FP ≈ ₹0.96 via XTRAREWARDS)
- 1% fuel-surcharge waiver on ₹400+ fuel txns (max ₹250/cycle)
BPCL SBI Card OCTANE vs IndianOil HDFC Bank Credit Card — FAQs
Neither is universally better. BPCL SBI Card OCTANE suits drivers who refuel mainly at bpcl pumps. IndianOil HDFC Bank Credit Card suits indianoil customers who want a low-fee everyday fuel card. Compare the annual fee and reward rate above against your own spending — that's what decides it.
Neither is lifetime-free: BPCL SBI Card OCTANE costs ₹1,499 + GST (reversed on ₹2L annual spend) and IndianOil HDFC Bank Credit Card costs ₹500 + GST (waived on ₹50,000 annual spend) — both waivable on spend, so the rewards decide it. On rewards, BPCL SBI Card OCTANE gives 7.25% value back on bpcl fuel (25 reward points per ₹100), plus 10x on groceries & dining. whereas IndianOil HDFC Bank Credit Card gives 5% as fuel points at indianoil, groceries & bill payments, on a low ₹500 fee.
BPCL SBI Card OCTANE: ₹1,499 + GST (reversed on ₹2L annual spend). IndianOil HDFC Bank Credit Card: ₹500 + GST (waived on ₹50,000 annual spend). Both fees can usually be waived on annual spend — check the thresholds on each issuer's page.
This is an informational comparison, not financial advice. Card terms change often — confirm current fees, rewards and eligibility on each issuer's official page before applying. Pay your bill in full to avoid interest.