Synopsis: This article compares the BPCL SBI Card Octane and the IndianOil RBL Bank XTRA Credit Card to determine which card helps you save more, which one is better for high fuel spenders, and which is best suited for 2-wheelers and 4-wheelers.
BPCL SBI Card Octane
BPCL SBI card Octane is one of India’s most rewarding credit card. It has a joining fee of ₹1499 + GST and an annual renewal fee of ₹1499 + GST (waived off on spends ₹2,00,000 or more in 1 year). Welcome benefits of 6000 reward points which is equal to ₹1500. 1 RP per ₹100 spent. So, spending should be in multiples of ₹100 to maximize reward points. The value of 1RP is ₹0.25.
Fuel Benefits:
You get 7.25% Value back which is approximately equal to 25X Reward Points on fuel purchases at BPCL petrol pumps. You can have maximum 2500 Reward Points per billing cycle. 6.25% + 1% Fuel surcharge waiver on every BPCL transaction upto ₹ 4000. Maximum fuel surcharge waiver of ₹100 per statement cycle per credit card account, which is equivalent to an Annual Savings of Rs.1200.
To purchase the card, please visit the Official Website of BPCL SBI card Octane
IndianOIL RBL Bank XTRA
This is a premium credit card with joining fee of ₹1500 + GST and annual fee of ₹1500 + GST 2nd year onwards (waived off on spends of INR 2.75 Lacs and above in the previous year. This card offers 8.5% valueback. Welcome benefits of this card include 3000 Fuel points on spends of ₹1500 within first 30 days. The value of 1RP is ₹0.50. You get 15 Fuel points on every ₹100 spent at IndianOil Fuel stations. 1% Cashback on non-fuel spends (dining, shopping or luxuries).
To purchase the card, please visit the Official Website of IndianOIL RBL Bank XTRA
| Feature | BPCL SBI Card OCTANE | IndianOil RBL XTRA |
|---|---|---|
| Fuel partner | BPCL | IndianOil |
| Reward rate on fuel | 25 Reward Points every ₹100 spent | 15 Fuel Points every ₹100 spent |
| Reward value | 4 points = ₹1 | 1 Fuel Point = ₹0.50 |
| Effective reward | 6.25% valueback | 7.5% valueback |
| Fuel surcharge waiver | 1% (up to ₹100/month) | 1% (up to ₹200/month) |
| Total effective fuel savings | ~7.25% | ~8.5% |
| Monthly reward cap | 2500 reward points | 2000 fuel points |
| Monthly fuel spend limit for max reward | ~₹10,000 | ~₹13,333 |
Also read: Top 5 Credit Cards With the Lowest Spend Requirement for Complimentary Lounge Access in 2026
Final verdict
- RBL IndianOil XTRA for Higher fuel savings (~8.5%)
- SBI BPCL Octane for Slightly lower (~7.25%)
In conclusion, RBL IndianOil XTRA card is beneficial for mostly 4 wheelers, people with high fuel spends and SBI BPCL Octane is mostly for mid spenders and also provides lounge access plus dining rewards.
Written by Vijai Krishna
