Comparing BPCL SBI Credit Card and IndianOil RBL Bank Credit Card

1. BPCL SBI Credit Card

  • Annual Fee: ₹499
  • Total Value Back: 4.25% on fuel transactions (3.25% reward rate + 1% surcharge waiver at BPCL stations)
  • Rewards:
    • 13 Reward Points (RP) for every ₹100 spent on fuel at BPCL stations
    • 5 RP for every ₹100 spent at departmental stores, dining, and movies
    • 1 RP for all non-fuel transactions
  • Welcome Benefit: 2,000 activation bonus reward points (worth ₹500) on payment of joining fee
  • Renewal Fee Waiver: Spend ₹50,000 in the anniversary year to waive the fee
  • Redemption: Points can be redeemed for gift vouchers, BPCL purchases, or cashback

2. IndianOil RBL Bank Credit Card

  • Annual Fee: ₹500
  • Reward Rate: 5% on fuel purchases at IndianOil outlets
  • Rewards:
    • 10 Fuel Points (FP) for every ₹100 spent at IndianOil fuel stations
    • 1 FP for every ₹100 spent on other eligible purchases (1 FP = ₹0.50)
  • Welcome Benefit: 1,000 Fuel Points upon spending ₹500 within the first 30 days
  • Renewal Fee Waiver: Achieve an annual spend of ₹1.75 lakh to waive the fee
  • Redemption: Fuel Points can be redeemed at IndianOil stations

Comparison Summary:

Feature BPCL SBI Credit Card IndianOil RBL Bank Credit Card
Joining/Renewal Fee ₹499 + GST ₹500 + GST
Reward Rate 13 RP for ₹100 fuel, 5 RP for groceries/dining 10 FP for ₹100 fuel, 1 FP for other spends
Reward Redemption Redeem on SBI app (4 RP = ₹1) Redeem at IndianOil (1 FP = ₹0.50)
Welcome Benefits 2,000 RP worth ₹500 1,000 Fuel Points
Milestone Benefits Renewal fee waiver on ₹50,000 spend N/A

Choose wisely to maximize your fuel savings!