Synopsis-SBI has a wide range of credit cards that fulfill varied spending requirements especially on travel and fuel. Be it a frequent flyer and a regular traveller or a traveller which spends considerably on fuel, SBI offers it some value in terms of rewards, discounts and complimentary benefits. This article highlights 5 credit cards on travel and fuel benefit options which can suit your lifestyle and spending habits.
1. SBI Card ELITE
The ideal card for high spending professionals and frequent flyers that desire the luxury benefits like lounge (domestic + international), premium rewards, concierge and entertainment benefits.
Welcome Benefit: ₹5,000 e-Gift voucher of premium brands like Yatra, Pantaloons, Bata, Shopper Stop and Aditya Birla fashion.
Movie Benefits:
Free movie tickets worth 6000/year.
Discount of up to ₹250 per ticket on 2 tickets a month.
Milestone Rewards:
Up to 50,000 bonus reward points every year that is equivalent to ₹12,500.
10,000 bonus points each on expenditure 3 lakh and 4 lakh yearly.
Reward Program:
Earn 5X reward points on spending at dining, grocery and at departmental stores.
The rest of the eligible spends earn 2 points on every ₹100.
Get 2 points on ₹100 on international purchases.
Lounge Access:
Complimentary Access to 6 international airport lounges a year via Priority Pass (2 per quarter)
8 domestic lounge visits a year (2 visits per quarter).
Forex Mark-up and Concierge
Forex markups at 1.99% on Intl. usage.
Avail of special services such as doctor consultations, flower delivery, and gift assistance.
Fee Type
Amount & Details
Joining Fee
₹4,999 + GST
Annual Renewal Fee
₹4,999 + GST (Waived on annual spends of ₹10,00,000)
2. IRCTC SBI Card Premier
A must have card for frequent Railway passengers. Maximum value-package, milestone rewards, and railway lounge access on a mid-tier annual fee card.
Welcome Benefit: On payment of 1st year annual fee, 1,500 reward points as a reward, equivalent to ₹1,500.
Travel Cashback:
10% back in value on train ticket booking in AC1, AC2, AC3, executive chair car, or chair car using the IRCTC Android app or the site.
5% value back on flight reservations and e-catering order through IRCTC.
1% saving on transaction charge on train tickets via IRCTC website
1.8% transaction fee savings on air tickets
Lounge Access: 8 complimentary visits to participating railway lounges in India each year (max 2 per quarter).
Rewards Program:
3 reward points on every ₹125 spent on dining and paying utility bills
On all other retail purchases (excluding fuel), 1 Reward point for every ₹125 on IRCTC ticket books on Android platforms.
Milestone Benefits:
Reward points of 5000 on spending 1 lakh in a year on travelling
2,500 reward points on ₹50,000 spend on annual travel
Fuel Surcharge Waiver: 1% fuel surcharge waiver on spends between ₹500 to ₹4,000 in all the petrol pumps spread all over India.
Fee Type
Amount & Details
Joining Fee
₹1,499 + GST
Annual Renewal Fee
₹1,499 + GST (Waived on annual spends of ₹2,00,000)
3. Yatra SBI Card
Ideal for customers booking on a budget through Yatra.com. Will benefit all those who need instant reward from online purchases through rewards on lifestyle categories like dining and entertainment.
Welcome Bonus: Get vouchers of Yatra worth ₹8250 on payment of first year annual fee.
Travel Discounts:
Get a domestic travel discount of 1,000 on a minimum booking of 5,000.
Avail ₹4,000 off on International flights on a minimum booking amount of ₹40,000.
20% off on domestic hotel bookings. (Min Spend ₹3000, Max discount of ₹2000).
Reward Program: 6 reward points on every 100 spent on dining, movies, entertainment, departmental stores, groceries and international spends.
Fuel Surcharge Waiver:1% fuel surcharge savings on payments between ₹500 to ₹3000 at all stations capped at ₹100 monthly.
Fee Type
Amount & Details
Joining Fee
₹499 + GST
Annual Renewal Fee
₹499 + GST (Waived on annual spends of ₹1,00,000)
4. BPCL SBI Card OCTANE
Best suited to those who travel a lot and make frequent purchases of the fuel. Provides maximum fuel benefits along with other lifestyle perks like dining rewards, lounge access and others.
Welcome Benefit: 6,000 bonus reward points, which amount to ₹1,500 on payment of annual fee.
Fuel Value Back:
This card will provide 7.25% value back on the fuel purchase made at the BPCL petroleum pumps. This includes:
25 Reward Points per ₹100 spent on BPCL fuel (Lubricants and Bharat Gas through site/app)
Waiver of 1 per cent fuel surcharge on all BPCL transactions up to ₹4000. Note that the value-back is limited to 2,500 points in reward points monthly.
Other Reward Benefits:
10 reward points on every ₹100 spent on categories such as, dining, groceries, departmental stores, and movies.
In non-fuel categories,reward points up to 7,500 per month.
Waiver on Fuel Surcharge: Save 1% fuel surcharge in any BPCL petrol pumps in India on transactions up to ₹4000 . The highest waiver is 100 rupees per statement cycle that means possible savings are 1200 rupees in a year.
Lounge Access: Under the VISA Lounge Program, 4 complimentary domestic airport lounge visits per calendar year (1 visit each quarter).
Milestone Benefit: e-Gift vouchers worth ₹2000 on spend of ₹3 lakh in a year from best lifestyle and travel brands like Aditya Birla fashion, Yatra or Bata.
Fee Type
Amount & Details
Joining Fee
₹1,499 + GST
Annual Renewal Fee
₹1,499 + GST (Waived on annual spends of ₹2,00,000)
Ideal to people who do monthly fill-ups in BPCL petrol pumps and would like consistent savings in fuel and rewards on lifestyle expenditures such as groceries, restaurant bill, and movies at an affordable annual fee.
Welcome Benefit: 2,000 reward points on paying a joining fee.
Fuel Value Back:
4.25%off through 13X reward points on fuel purchases at BPCL petrol pumps.
3.25% + 1% Fuel surcharge waiver on every BPCL transaction upto ₹ 4000
Extra Rewards Perks:
5X reward points on every 100 Rupees spent on groceries, departmental stores and on dining as well as movies (up to 500 reward points a month)
1 reward point on every 100 Rs spent on non-fuel purchasing.
Fee Type
Amount & Details
Joining Fee
₹499 + GST
Annual Renewal Fee
₹499 + GST (Waived on annual spends of ₹50,000)
Final Thoughts
SBI has divided its credit card services so as to cover the commuter as well as the high-end business traveler. In case you use train or air travel quite often in your routine, the IRCTC and Yatra cards offer good returns and accessibilities. Similarly, OCTANE and SBI BPCL will provide outstanding value and savings both in the short and in the long run to customers who do high mileage on BPCL fuel. Consider your spending patterns and select a card that is most suited to your lifestyle to enjoy maximum benefits.
Written by Prajwal Hegde
Search Topic or Keyword
Easiest Stock Screener Tool!
Best stock discovery tool with +130 filters, built for fundamental analysis. Profitability, Growth, Valuation, Liquidity, and many more filters. Search Stocks Industry-wise, Export Data For Offline Analysis, Customizable Filters.
