IndianOil Kotak Credit Card
Rs 449Annual fee
Rs 50,000Fee waiver spend
0Domestic lounge
3.5%Forex markup
Best for
fuel, grocery, dining, co-branded
Top rewards
IndianOil fuel spends: 24 Reward Points / ₹150 spent on IndianOil fuel spends; Grocery and dining spends: 12 Reward Points / ₹150 spent on grocery and dining; UPI and other eligible retail spends: 3 Reward Points / ₹150 spent
BPCL SBI Card OCTANE
Rs 1,499Annual fee
Rs 2,00,000Fee waiver spend
4Domestic lounge
Domestic lounge conditions
- 4 complimentary domestic airport lounge visits per calendar year, capped at 1 visit per quarter.
3.5%Forex markup
Best for
fuel, bpcl, bharatgas, grocery, dining
Top rewards
Fuel and lubricant purchases at BPCL petrol pumps: 25 Reward Points / Rs 100; Bharatgas online payments: 25 Reward Points / Rs 100; Grocery, departmental stores, movies, and dining: 10 Reward Points / Rs 100
| Feature | IndianOil Kotak Credit Card | BPCL SBI Card OCTANE |
|---|---|---|
| Issuer | Kotak Mahindra Bank | SBI Card |
| Network | RuPay | Visa, RuPay |
| Joining fee | Rs 449 | Rs 1,499 |
| Annual fee | Rs 449 | Rs 1,499 |
| Fee waiver spend | Rs 50,000 | Rs 2,00,000 |
| Reward type | Kotak Reward Points | reward points |
| Best for | fuel, grocery, dining, co-branded | fuel, bpcl, bharatgas, grocery, dining |
| Top reward categories | IndianOil fuel spends: 24 Reward Points / ₹150 spent on IndianOil fuel spends; Grocery and dining spends: 12 Reward Points / ₹150 spent on grocery and dining; UPI and other eligible retail spends: 3 Reward Points / ₹150 spent | Fuel and lubricant purchases at BPCL petrol pumps: 25 Reward Points / Rs 100; Bharatgas online payments: 25 Reward Points / Rs 100; Grocery, departmental stores, movies, and dining: 10 Reward Points / Rs 100 |
| SmartBuy / accelerated caps | Not listed | Not listed |
| Domestic lounge | 0 | 4 |
| International lounge | 0 | 0 |
| Forex markup | 3.5% | 3.5% |
| Milestone benefits | Not listed | Not listed |
| Redemption | Statement credit: upto Rs 0.2 per point | Statement credit: upto Rs 0.25 per point |
| Key exclusions | Fuel spends at non-IndianOil outlets, Rent payments, E-wallet loading transactions, EMI transactions, Education spends, Government spends | balance transfers, cash advances, fees and charges, disputed transactions |