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!