The card will provide rewarding fuel savings and other benefits to the customers, it said.
The card will offer 13X reward points on every Rs 100 spent on fuel purchase at BPCL petrol pumps and 1 per cent fuel surcharge waiver on every transaction up to Rs 4,000, which will be 4.25 per cent value back.
Cardholders will also get instant savings on other categories of spending, including groceries, department stores, dining and movies.
They will get 5X reward points for every Rs 100 spent on groceries, department stores, movies and dining. In addition, customers can earn 2,000 activation bonus reward points worth Rs 500 on payment of the joining fee.
PS Ravi, Executive Director (Retail), BPCL said, “The BPCL SBI Card RuPay Credit Card offers 4.25 percent value back on fuel at our over 19,000 outlets across India, along with a bouquet of other best-in-class benefits. also gives.” said.
He said that this offer is in line with BPCL’s endeavor to provide its customers with consistent value for their fuel consumption.
Ram Mohan Rao Amara, MD & CEO, SBI Card said: “The BPCL SBI Card RuPay is loaded with attractive benefits and targets the largely affluent consumer segment, who spends a significant amount on fuel. Will also strengthen the portfolio RuPay platform.
“With this launch, we reaffirm our commitment to bring value-added, secure, contactless and cashless payment solutions to consumers.”
Praveena Rai, COO, NPCI said that the BPCL SBI Card RuPay Credit Card has been designed to ensure that customers not only save more on their fuel expenses but also benefit from other shopping categories.
“We believe this card is a step forward in RuPay’s journey of contactless, offering RuPay users a smart, rewarding and delightful shopping experience,” he added.