Best Credit Card for Fuel

All Benefits

  • 4.25% value back as 13X Reward Points on BPCL petrol pump purchases in India, capped at 1,300 Reward Points per billing cycle
  • 5 Reward Points on every ₹100 spent on dining, departmental stores, grocery, and movies, capped at 5,000 Reward Points per month
  • 1 Reward Point on every ₹100 spent on other retail purchases

Fees

Joining Fee Get 2,000 bonus Reward Points worth ₹500
₹589
₹499 + GST
Annual Fee The annual fee is waived if you spend ₹50 thousand or more in a year on your card, as per bank policy.
₹589
₹499 + GST

Eligibility

Age
21-70 years
Salary
₹30K / Month
Credit Score
720+

Bank Fee Structure

Forex Markup 3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. Examples (3.5%): ₹100 → ₹3.5 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.50%
Finance Charges (APR) Finance charges of 3.50% per month (42% per annum) apply on unpaid outstanding balances until the amount is fully repaid.
3.50%
ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable).
2.50%
Reward Redemption A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request.
₹99
Railway Surcharge A railway booking surcharge of 1.80% for online transactions and 2.50% for other bookings is applied, with additional bank charges and taxes recovered at actuals.
1.80%
Rent Payment A surcharge fee of ₹199 + GST applies on rental transactions made using the credit card
₹199 + GST
Cheque Payment A cheque payment fee of ₹200 is charged for payments made via cheque.
₹200
Cash Payment A cash payment fee of ₹250 plus applicable taxes is charged for payments made at SBI branches. No fee is applicable for cash payments made at Karur Vysya Bank branches
₹250

Late Payment Charges

Amount dueFee
₹0 - ₹500₹₹0
₹501 - ₹1,000₹400
₹1,001 - ₹10,000₹750
₹10,001 - ₹25,000₹950
₹25,001 - ₹50,000₹1,100
₹50,001 and above₹1,300

Late payment charges are levied if the Minimum Amount Due is not paid by the payment due date. An additional late payment charge of ₹100 is levied if the MAD is unpaid for two consecutive billing cycles.

Reward Exclusions

EMI SpendsRent PaymentInsurance PaymentsWallet LoadsFuel Spends (Non BPCL)Utility billsCash AdvancesBalance transfers

Terms & Conditions

  • The bank may offer a different card variant based on your eligibility. Please carefully read the features of the card offered before submitting your application
  • A minimum transaction of Rs.100 within 30 days is required to activate the card, otherwise, you won’t be eligible for the Rewards

Full charges and terms: Bank MITC / Terms