SBI BPCL Credit Card: The SBI BPCL Credit Card, a co-branded in partnership with Bharat Petroleum i.e., BPCL and SBI, on fuel purchases. This credit card offers a wide range of rewards and benefits on purchases of fuel at Bharat Petroleum in all over india. This credit card offers its customer with decent amount of rewards.
This credit card not just offers reward and benefits on fuel purchases but also on other categories, such as groceries, movies, dining, departmental stores, and many more. The SBI BPCL Credit Card, just being an entry-level credit card, you doesn’t get benefits regarding travel or lifestyle categories.
Therefore, here in this article we are going to see the benefits and features provided by the SBI BPCL Credit Card and the eligibility to apply for the same.
Contents
1. SBI BPCL Credit Card Features and Benefits
The SBI BPCL Credit Card comes with exclusive privileges in different categories, including travel, reward programs, and many more.
Here we have mentioned the features and benefits offered by the SBI BPCL Credit Card:
- Welcome Benefits: As a joining benefit, you get 2,000 Bonus Reward Points worth Rs. 500 on the realization of the annual fee and credited after 20 days of the payment of joining fee.
- Milestone Benefits: If you are able to spend Rs. 50,000 or more using his credit card, the renewal fee of Rs. 499 of this credit card can be waived in an anniversary year.
- Dining Benefits: Get 5X Reward Points i.e., 5 Points per Rs. 100 on dining spends.
- Movie Benefits: Get 5X Reward Points i.e., 5 Points per Rs. 100 on movie spends.
- Fuel Surcharge Waiver: On your fuel transactions upto Rs. 4,000, cardholders will get a fuel surcharge waiver of 1%, at fuel pumps all over India, with maximum surcharge waiver is capped at Rs. 100 per statement cycle.
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2. SBI BPCL Credit Card Fees and Charges:
- The joining fee charges are- Rs. 499
- The Annual fee or Renewal fee charges are- Rs. 499 (Reversed on spending Rs. 50,000 in a year)
- The Cash withdrawal fee, Rs. 500 or 2.5% of the withdrawn amount Domestic ATMs and also on International ATMs.
- On all the Foreign currency transaction, you have to pay forex fee of 3.5% on the transacted amount. This fee is to be paid on all international transactions done using this credit card.
- An interest rate of 3.5% per month (42% annually) is applicable on the due amount on the card if the cardholder is unable to clear all the dues by the payment due date.
- Late Payment Charges are- apart from the interest rate, a late payment fee shall also be applicable, For Statement Balance: Less than Rs. 500: Nil, Rs. 500 up to Rs. 1,000: Rs. 400, Rs. 1,000 up to Rs. 10,000: Rs. 750, Rs. 10,000 up to Rs. 25,000: Rs. 950, Rs. 25,000 up to Rs. 50,000: Rs. 1,100, and Amount over Rs. 50,000: Rs. 1,300.
3. SBI BPCL Credit Card Eligibility Criteria to Apply:
The common eligibility criteria and the documents required to apply for SBI BPCL Credit Card are as follows:
- The age limit for applying for this card is 18 years of age.
- The cardholder should be an Indian resident and an excellent credit score.
- The cardholder should have a stable source of income either through salary or self-employment.
- For Identity Proof documents you need are Aadhar Card, Voters Id, PAN Card, Passport, Driving License.
- For Address Proof, Utility bills of the latest months, Aadhar Card, Passport, and Ration card are the needed documents.
- For Income Proof, you need to submit the latest bank statement as a salaried person, and can also, submit your company ID card, if you are salaried, and if you are self-employed, you should submit your latest ITR.
4. How to Apply for SBI BPCL Credit Card:
For SBI BPCL credit card you can apply either online or offline. For offline mode, you can visit your nearest SBI branch with all the required documents and fill out the physical application form.
Here are the steps to be followed to apply for your SBI BPCL credit card:
- Step 1: Visit Official website of the SBI- www.sbicard.com.
- Step 2: Select the option of ‘Credit Card’ and click on ‘Apply Now’.
- Step 3: A new page with different categories will be displayed.
- Step 4: Then, select ‘Travel & Fuel Cards’ to see BPCL SBI Card.
- Step 5: Next, click on ‘Next Step’.
- Step 6: Enter all the requested details and providing the required documents.
Therefore, this the method you can apply for your SBI BPCL credit card online.
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