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SBI Card and BPCL launch BPCL SBI Card OCTANE

 1) Designed to be India's most remunerating premium fuel co-brand Mastercard 

2) Upto25X Reward Points spends for BPCL Fuel, Lubricants &Bharatgas spends(Website and App only)* 

3) Comprehensive card offering quickened investment funds across other major spend classifications 

Mumbai (India), December 15 2020: SBI Card, India's biggest unadulterated play Visa guarantor, and Bharat Petroleum Corporation Ltd, a Maharatna Company and the second biggest oil organization in India today declared the dispatch of the BPCL SBI Card OCTANE. The card has been intended to bring to the table most extreme investment funds to the all around obeyed customer fragment which spends a critical sum on fuel. The BPCL SBI Card OCTANE brings 25X Reward Points (RPs) on spends for BPCL fuel and MAK Lubricants,Bharatgas(LPG) spends (Website and application just) and BPCL's In and Out general store spends. 

BPCL SBI Card OCTANE offer, which interprets toa walloping 7.25% incentive back (counting 1% additional charge waiver) on fuel and oil spends at BPCL fuel stations and a brilliant 6.25% incentive back on Bharatgas spends (Website and application just) likewise packages in quickened reserve funds on other standard spends classes, including, Departmental Store and Grocery, Dining and Movies. BPCL SBI Card OCTANE clients will profit by BPCL's broad organization, getting a charge out of reserve funds on fuel and greases at 17000+ Bharat Petroleum fuel stations, the nation over. Also, there will be no base exchange edge for fuel spends, empowering clients to spare with each exchange. A by and large Pure without a doubt insight at BPCL fuel stations! 

Sharing his perspective,Mr. Dinesh Khara, Chairman, SBI stated, "Dispatch of this BPCL SBI Card OCTANE reinforces association of SBI Card with BPCL. The card will bring purchasers the most noteworthy investment funds recommendation on fuel in the business, subsequently settling on it a favored decision in the section. This dispatch will most likely guide and reinforce computerized installments development in India." 

The BPCL SBI Card OCTANE consolidates top tier rewards focuses on fuel goes through with esteem back on different standard spends classes, in this way tending to by and large spending needs of cardholders. BPCL SBI Card OCTANE will give 10X RP on Dining, Movies, Grocery and Departmental Store Spends. BPCL SBI Card OCTANE cardholders can appreciate selective advantages, for example, free homegrown air terminal parlor access. The card offers achievement benefits worth INR 2000 on yearly spends of INR 300,000, as e-blessing vouchers. The card likewise accompanies a free misrepresentation risk front of INR 100,000. 

Discussing the dispatch of the new co-brand card,Mr. Ashwini Kumar Tewari, MD and CEO, SBI Card said,"BPCL SBI Card OCTANE further reinforces our vigorous co-marked card portfolio and will impel our organization with BPCL. This dispatch is in accordance with our proceeded with attempt to offer our clients the top tier items with prevalent worth. Notwithstanding the reserve funds on fuel and oils across Bharat Petroleum's tremendous organization across India, the card will likewise offer quickened reward focuses on major spend classes, for example, Departmental Store and Grocery, Movies and Dining and Bharat Gas spends (Website and App just), making it a comprehensive, essential card for our clients." 

Mr. K Padmakar, Chairman and Managing Director, Bharat Petroleum Corporation Ltd stated, "We are amazingly glad to present the BPCL SBI Card Octane which offers best in the class advantages to our clients on acquisition of fuel and ointments across our 17000+ Retail Outlets and on online Bharatgas LPG installments. Our association with SBI Card guarantees that we constantly attempt to offer some benefit to our clients through imaginative items and contributions. The BPCL SBI Card OCTANE is one of our commitments towards carefully engaging society." 

Talking about the dispatch of the new co-brand card, Mr.Arun Kr. Singh, Director (Marketing) Bharat Petroleum Corporation Ltd stated, "BPCL has been at the bleeding edge of the computerized unrest in the nation and the BPCL SBI Card OCTANE represents BPCL's undaunted obligation to offer limitlessly separated and top tier esteem through its advanced contributions to all sections of the filling buyers in the nation. BPCL SBI Card OCTANE is pressed with an enabling offer across its retail fills, Bharatgas and Lubricants portfolio giving our esteemed clients a gigantically remunerating credit only energizing experience." 

The card brings an incentive from the purpose of enrolment itself, offering 6000 extra focuses worth INR 1500 on installment of joining expense. BPCL SBI Card OCTANE additionally offers yearly enrollment charge inversion on yearly spends of INR at least 200,000 on in the earlier year. The card dispatched on Visa Signature stage comes at a yearly participation expense of INR 1499/ - . 

Features of BPCL SBI Credit Card OCTANE: 

The BPCL SBI Card OCTANE offers numerous unmistakable advantages and prizes to cardholders, including: 

1) Welcome Benefit: 6,000 Reward Points worth INR endless supply of joining expenses. 

Prize Points: 

2) 25X Reward Points on each INR 100 spent at BPCL Fuel, Lubricants, and Bharat Gas (Website and App just) (Limited to Max 2500 Reward Points for every charging cycle). 

1) ) 10X Reward Points on each INR 100 spent at Dining, Movies, Grocery and Departmental Stores. 

2) 1 Reward Point on leftover spends (aside from Non BPCL fuel and Mobile wallet transfer). 

3) Milestone Benefit: E-Gift Voucher worth INR 2,000 on yearly spends of INR 300,000. 

3) 4 Complimentary Domestic Airport Lounge Access in India (Max 1 visit for each quarter). 

Yearly charge inversion on yearly spends of INR 200,000. 

1% Fuel Surcharge waiver at BPCL petroleum siphons. 

Free Fraud Liability front of INR 100,000. 

About SBI Card 

SBI Cards and Payment Services Limited (once in the past known as SBI Cards and Payment Services Private Limited) ("SBI Card") is a non-banking monetary organization that offers broad Visa portfolio to singular cardholders and corporate customers which incorporates way of life, rewards, travel and fuel and banking associations cards alongside corporate cards covering all significant cardholders' fragments regarding pay profile and way of life. By and by, the brand has a wide client base of more than 10 million. It has expanded client obtaining network that empowers to draw in planned clients across different channels. SBI Card is an innovation driven organization. 

P.S. The brand name of the organization is 'SBI Card' and it is enrolled for the sake of 'SBI Cards and Payment Services Limited'. The organization is exchanging under the element name 'SBICARD' on stock trades. 

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