Any way to convert visa varient to rupay?
SBI Octane RuPay JCB Select Credit Card launched | 6.25% Reward on fuel
https://www.sbicard.com/en/personal/credit-card...
SBI Octane RuPay JCB Select Credit Card launched | 6.25% on fuel:
Joining Fee | Rs 1499+GST |
Welcome Gift | 6000 Reward Points ~Rs 1500 Value |
Annual Fee | Rs 1499+GST |
Renewal Benefit | None |
Annual Fee Waiver | On spends of Rs 2 Lakh in a year |
The BPCL SBI credit card OCTANE has a 6.25% reward rate for all BPCL spends including Bharat Gas spends. Other than this, it also gives good rewards for Dining, Departmental Stores, Grocery & Movies category spends. This makes it easy to achieve the required spends for an annual fee waiver.
TYPE OF SPEND | REWARD POINTS | RETURN |
---|---|---|
BPCL Fuel, Lubricants & Bharat Gas Spends | 25 RP per Rs 100 Maximum 2500 RP per billing cycle Rs 4000 Max transaction value for rewards * 1% fuel surcharge waiver |
6.25% |
Dining, Departmental Stores, Grocery & Movies | 10 RP per Rs 100 *Maximum 7500 RP per month |
2.5% |
Other spends (Except Non-BPCL Fuel and Wallets) | 1 reward point per Rs 100 | 0.25% |
The monthly transaction value to hit the max cap of accelerated fuel rewards would be Rs 10,000. This should be more than enough for most people. We can also spend on other categories like Departmental Stores and Grocery to reach the annual fee waiver. The 2.5% value back on these is also pretty good.
Spend Rs 2 Lakhs to get the annual fee waiver and get maximum rewards on fuel transactions.
Each reward point for BPCL SBI credit card OCTANE is worth 25p. We can redeem the reward points for either fuel or from the reward catalogue. Fuel redemption makes more sense as it is instant redemption at the listed outlets.
- Domestic Airport Lounge Access: 4 complimentary visits per year
- International Airport Lounge Access: Not Available
- Fuel Surcharge Waiver: 1% waiver on fuel transactions up to Rs 4000. Maximum surcharge waiver of Rs 100 in a statement cycle.
- Rent Payment Charges: Rs 199+GST for each transaction
- Foreign Currency Markup: Dnt know yet for SBI Card RuPay JCB Variant.
- Interest Rate: 3.5% per month or 42% annually
Official source: https://www.sbicard.com/sbi-card-en/assets/docs...
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Created by : abhishek012
Here is SBI BPCL Octane RuPay JCB Credit Card physical card pic (Converted Visa to RuPay) -
How to convert ?
SBI now start accepting Card network conversion through Call, many users already conversion to SBI BPCL Octane RuPay JCB Credit Card.
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How to apply?
Looks like a waste if one has no need of it for fuel. If someone using it for fuel then it will be a good news having it in rupay, they can get 0.25% on UPI transactions
Anyone who doesn't want fuel, will not apply, this is common sense.
will it reset spents on the card if I switch from visa to rupay and where is the list of lounges? Any other downside?
I have 20k limit BPCL card. will check if they can increase limit and upgrade.
Vu.
Is it me or the link is taking to Visa Signature and not Rupay?
Is this the highest cashback giving card for fuel or is there any other card which gives more than 6.25%?
2 questions-
(1) Is the discount valid on franchise stores also? The BPCL outlet opposite my home comes as their shop name in transactions (for example I did not get the CRED BPCL cashback)
(2) Can we double dip using UPI - 0.25% for upi transactions and 6.25 card cashback?
How is this card in comparison to tata neu infinity?
Looking for rupay variant only.
Purpose - Upi small vendor transactions, using limited tata apps like 1mg, bigbasket and tata play max 3000-4000 per month in total, BPCL pump in vicinity with expenses 5000-8000.
Both cards will be paid. Tata neu will be first year free.
Kisi ka card network convert huaa kya ? Mera to SBI ne mna kar diya , bole RBI ne SBI per network change krne ki rok lga rkhi hai
Here is SBI BPCL Octane RuPay JCB Credit Card physical card pic (Converted Visa to RuPay) -
How to convert ?
SBI now start accepting Card network conversion through Call, many users already conversion to SBI BPCL Octane RuPay JCB Credit Card.
Thank you for the post and helping me during the process @abhishek012 .
Got the Rupay select card delivered today.
Looks like a waste if one has no need of it for fuel. If someone using it for fuel then it will be a good news having it in rupay, they can get 0.25% on UPI transactions
Anyone who doesn't want fuel, will not apply, this is common sense.