The BPCL SBI Credit Card, a collaboration between Bharat Petroleum Corporation Limited (BPCL) and the State Bank of India (SBI). The credit card is tailored specifically for individuals who frequently spend on fuel. This co-branded credit card offers a range of benefits that cater to fuel expenses and other daily spending needs, providing significant savings and rewards. Here is an in-depth look at the features and benefits of the BPCL SBI Credit Card:

The BPCL SBI Credit Card, co-branded by Bharat Petroleum Corporation Limited (BPCL) and SBI Card, offers a compelling package of rewards and benefits. Let us delve into the key details:

Welcome bonus (Limited time):

• Get started with a bang. Earn 2,000 activation bonus reward points worth Rs. 500 upon paying the joining fee (Rs. 499).
• These points will be credited within 20 days of your joining fee payment.
• Redeem them instantly for fuel purchases at BPCL pumps or through the Shop n Smile rewards catalogue.

Fuel rewards:

• Earn a significant 4.25% value back (effectively 13X reward points) on all your BPCL petrol pump transactions.
• This translates to substantial savings on your monthly fuel bills.
• There is no minimum spending requirement at BPCL pumps, so every transaction earns you rewards.
• Enjoy an additional benefit of a 1% fuel surcharge waiver on transactions up to Rs. 4,000 (excluding GST and other charges), effectively giving you a total value back of 3.25% + 1% = 4.25%.

Everyday rewards:

• The BPCL SBI Credit Card goes beyond fuel stations. Earn 1 reward point for every Rs. 100 spent on non-fuel retail purchases.
• Maximise your rewards potential with accelerated points on specific categories:
  • 5X reward points on every Rs. 100 spent at groceries, departmental stores, movies, and dining (up to a maximum of 5,000 reward points per month).

Additional benefits:

• No annual fees: This card boasts no annual fees, making it a budget-friendly option for frequent drivers and everyday spenders alike.
• Worldwide acceptance: Enjoy global convenience with your Visa card accepted at millions of outlets worldwide, including over 325,000 merchants in India.

Renewal Fee:

• After the first year, a renewal fee of Rs. 499 applies.

Steps to check your BPCL SBI credit card bill on Bajaj Finserv

1. Download the Bajaj Finserv app or visit the Bajaj Finserv website (https://www.bajajfinserv.in/)
2. Log in to your account using your credentials
3. Navigate to the ‘BILLS AND RECHARGES’ section under ‘PAYMENTS’
4. Look for ‘CREDIT CARD BILLS’ and select your credit card issuer
5. Enter your credit card number and click on ‘FETCH BILL’ to view your statement

How to understand your BPCL SBI credit card monthly statement

Understanding your BPCL SBI Credit Card monthly statement is crucial for managing your finances effectively. Here is a simple guide to help you decipher the various components of your statement:

1. Statement date

This is the date on which your statement is generated. All transactions made after this date will appear in the next month's statement.

2. Payment due date

This is the last date by which you need to pay at least the minimum amount due to avoid late fees and maintain a good credit score.

3. Total amount due

This is the total outstanding amount that you owe to the bank, including new purchases, fees, and interest charges.

4. Minimum amount due

This is the minimum amount that you need to pay to keep your account in good standing and avoid late payment fees. It is usually a small percentage of the total amount due.

5. Credit limit

This indicates the maximum amount of credit available on your card. It is the total credit that you can use.

6. Available credit limit

This is the amount of credit that is still available for you to use after accounting for your purchases and other charges.

7. Transaction summary

This section lists all the transactions made during the billing cycle. Each entry will include the date, merchant name, and the transaction amount. Transactions are often categorised, making it easier to see where your money is going.

8. Reward Points summary

Here, you will find details about your reward points. It includes the points earned during the statement period, points redeemed, and the total points balance.

9. Fees and charges

This section details any fees or charges applied to your account, such as annual fees, late payment fees, or over-limit fees.

10. Interest charges

If you carry a balance from one month to the next, this section will show the interest charges applied to your account. Paying your balance in full each month helps avoid these charges.

11. Important messages

This part of the statement includes any important updates, offers, or changes to terms and conditions from the bank.

Customers need to ensure timely and hassle-free payments for their credit card bills to avoid late fees and interest charges. You can pay your credit card bill using the Bajaj Pay platform on Bajaj Finserv. Bajaj Finserv uses the Bajaj Pay platform to make paying bills easier for customers. It is like a one-stop shop for hassle-free and straightforward bill payments.

Benefits of paying BPCL SBI credit card bill on Bajaj Finserv

When paying for your BPCL SBI credit card bill through the Bajaj Pay platform, you can avail of the following benefits:

• Quick and hassle-free
  With Bajaj Finserv Bajaj Pay platform, you can pay your BPCL SBI credit card quickly and effortlessly.
• Safe and secure
  Bajaj Finserv provides a safe and secure payment platform on Bajaj Pay. Your payment details are secure with the platform’s robust security measures.
• Multiple payment options
  Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, and UPI. This allows you to choose the payment method that suits you best.
• Instant confirmation
  After making the payment, the platform immediately confirms the payment through an email and SMS.

Modes of payment

The Bajaj Finserv Bajaj Pay platform offers a range of convenient payment options to pay your credit card bill. Let us explore the available modes:

• Credit card/debit card: This is a widely accepted and convenient option. You can make payments using your Visa, Mastercard, or Maestro card issued by any bank in India.
• Net banking: If you prefer online bank transfers, Bajaj Finserv integrates with major banks across India. Simply select your bank from the list and utilise your existing net banking credentials for secure payments.
• Bajaj Pay UPI: This option leverages the Unified Payments Interface (UPI) for instant fund transfers. It is a secure and fast way to pay directly from your bank account using a UPI app.
• Bajaj Pay Wallet: Bajaj Finserv also offers its own digital wallet - Bajaj Pay Wallet. If you have a Bajaj Pay account, you can easily make payments using the balance stored in your wallet.

Pay other banks credit card bill payment

Apart from BPCL SBI credit card bill payment, Bajaj Finserv also lets you pay other banks' credit card bills. You can pay credit card bills of various banks such as BOB | HDFC | SBI | HDFC | IndusInd | Kotak | CITI | AMEX | AXIS | RBL | YES.

Here how you can pay your BPCL SBI credit card bill on the Bajaj Finserv website:

1. Visit the Bajaj Finserv website or click on https://www.bajajfinserv.in/
2. Go to the ‘BILLS AND RECHARGES’ under the ‘PAYMENTS’ section
3. Under the ‘FINANCIAL SERVICES AND TAXES’ section, select ‘CREDIT CARD BILLS’
4. Choose your credit card issuer as ‘BPCL SBI’
5. Enter your credit card number and click on ‘FETCH YOUR BILL’
6. Select your preferred payment mode
7. Make the payment to pay the bill successfully

Fees and charges

Depending on the transaction amount and payment mode, a convenience fee of up to 2% (inclusive of applicable taxes) will be charged. For more information on fees and charges, click here.

Note: For failed transactions, the total amount, including charges except taxes, is reversed.