With the comfort and protection that credit cards offer, it’s no wonder that more and more people are opting for them. One such credit card that has grabbed the attention of many is the SBI BPCL Card. This credit card is a great option for those who are looking to save money on fuel purchases. In this article, we will explore the various features and benefits of the SBI BPCL Card and how it can help you fuel your savings.
Features and Benefits of SBI BPCL Card
BPCL Card is a co-branded credit card that is offered by State Bank of India (SBI) in collaboration with Bharat Petroleum Corporation Limited (BPCL). This credit card provide multiple of features and benefits to its cardholders, making it a popular choice among credit card users. Some of the key features and benefits of the SBI BPCL Card are:
Welcome Benefits
When you sign up for the SBI BPCL Card, you will receive welcome benefits in the form of 2000 bonus reward points which is worth Rs. 500. These RPs can be redeemed for various products and services.
Renewal Fee Waiver
SBI BPCL Card offers a renewal fee waiver to their cardholders. This means that you will not have to pay any renewal fee for the first year of using the card when you spend Rs. 50,000.
Reward Benefits
The SBI BPCL Card offers reward benefits to its users for every purchase made using the card like:
- 1 RP for every Rs. 100 spent on non-fuel transactions using this credit card.
- 5 Reward Points on every Rs. 100 spent on groceries, departmental stores, dining, and movies.
- 13 Reward Points on every Rs. 100 spend on fuel purchases at BPCL stations.
- Cardholders can save Upto 50 litres of fuel annually.
Fuel Surcharge Waiver
One of the key benefits of the SBI BPCL Card is the fuel surcharge waiver. When you use the card to purchase fuel, 1% fuel surchage will be waived off at all fuel stations across India. This can lead to specific savings in the long run.
Reward Redemption
The SBI BPCL Credit Credit Card offers easy reward redemption options to its users. You can redeem your reward points for fuel purchases, travel bookings, and more.
Document Required for SBI BPCL Card
To apply for the BPCL Credit Card, you will need to submit a few documents. These include:
- Identity proof (such as Aadhaar card, PAN card, etc.)
- Home Address proof (such as utility bills, passport, etc.)
- Income evidence (such as salary slips, IT returns, etc.)
Eligibility Criteria for SBI BPCL Card
To be eligible for the BPCL Card, you need to meet the following criteria:
- To apply for SBI BPCL Credit Card, the applicant’s age should be between 21 to 60 years.
- You must have a good credit score.
- Applicant must have a stable income source.
Conclusion
The SBI BPCL Card is a great credit card option for those who are looking to save money on fuel purchases. With its host of features and benefits, it offers a great value proposition to its users. So, if you’re looking for a credit card that will help you fuel your savings, the SBI BPCL Credit Card is definitely worth considering.