back Back

BPCL and SBI Card launch co-branded RuPay contactless credit card

By Leandra Monteiro

September 23, 2021

  • BPCL
  • Credit Card
  • India
Share

BPCL, SBIBharat Petroleum Corporation Limited (BPCL) and SBI Card have joined hands to launch the ‘BPCL SBI Card co-branded RuPay Contactless Credit Card’. This card will provide rewarding fuel savings and benefits to the customers. Cardholders will also get accelerated savings on other categories of spends which include groceries, departmental stores, dining, and movies.

Users of BPCL SBI Card RuPay will get 13X reward points on every INR 100 spent on fuel purchases at BPCL petrol pumps and1% fuel surcharge waiver on every transaction upto INR 4,000, translating to 4.25% Value Back. Customers using this card will earn 2,000 activation bonus reward points worth INR 500 on payment of joining fee.

Apart from fuel-related benefits, the credit cardholders will also get 5X reward points on every INR 100 spent at multiple categories such as groceries, departmental stores, movies, and dining. This card offers 1 reward point for every INR 100 spent on non-fuel retail purchases as well.

P.S. Ravi, Executive Director(Retail), BPCL said, “The launch of the BPCL SBI Card RuPay credit card is a significant step in the association between BPCL, SBI Card, and NPCI consistent with our focus on driving digital transactions in our retail outlets. The BPCL SBI Card RuPay credit card offers value back of 4.25% on fuel across our 19000+ outlets across India, along with a bouquet of other best-in-class benefits. The launch of this co-branded credit card on the RuPay platform is also in line with BPCL’s endeavour to continuously provide our customers enhanced value for their fuel spends.”

Mr. Rama Mohan Rao Amara, MD & CEO, SBI Card said, “BPCL SBI Card RuPay credit card is India’s most rewarding fuel co-brand credit card. We are delighted to extend the BPCL SBI Card on RuPay Platform. BPCL SBI Card RuPay is packed with compelling benefits and targets mass affluent consumer segment who spends a significant amount on fuel. This card will also strengthen SBI Card portfolio on the RuPay platform. With this launch, we reaffirm our commitment to bring consumers value-added, secure, contactless, and cashless payment solutions.”

Praveena Rai, COO, NPCI said, “Partnering with SBI Card and BPCL, industry frontrunners, is a privilege for NPCI and a milestone for RuPay contactless credit cards. Whether one is commuting to work, running errands on weekends, or planning to take a road trip, using a fuel credit card help save more while enjoying the convenience of digital payments. The BPCL SBI Card RuPay credit card has been designed to ensure that customers not only save more on their fuel spends but also benefit from other shopping categories. We believe that this card is a step ahead in the journey of RuPay contactless to provide a smart, rewarding and delightful shopping experience to RuPay users.”

Previous Article

September 23, 2021

LenDenClub selected for ‘Microsoft for Start-ups’

Read More
Next Article

September 23, 2021

Finastra introduces Total Lending Home to access its lending solutions

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

BPCL

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 23, 2024

4 BNPL platforms providing financial freedom to consumers in MENA

Read More

July 23, 2024

Paytm & Axis Bank to offer POS solutions to merchants

Read More

July 23, 2024

Klarna integrates Sofort payment service with Klarna Payments

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024