State-owned oil refiner Bharat Petroleum Corporation Limited (BPCL) has partnered with State Bank of India (SBI) Cards to launch the RuPay contactless credit card co-branded by BPCL SBI. The card is said to offer fuel savings and rewarding benefits, and cardholders will also make huge savings on other categories of spending, including groceries, restaurants, department stores and movies, according to one. statement shared by the National Payments Corporation Of India (NPCI).
BPCL SBI RuPay card users will receive 13X reward points on every Rs. 100 spent on fuel purchases at Bharat Petroleum gas pumps and a 1% fuel surcharge waiver on each transaction up to Rs. 4,000 , or 4.25%, according to the press release.
Customers using the contactless credit card will earn 2,000 activation bonus reward points worth Rs. 500 on payment of the membership fee.
In addition to the fuel-related benefits, BPCL SBI Card RuPay credit card holders will also receive 5X reward points for every Rs 100 spent in categories such as groceries, movies, department stores and restaurants. The card offers one reward point for every Rs 100 spent on retail purchases other than fuel.
“The launch of the BPCL SBI Card RuPay credit card is an important step in the association between BPCL, SBI Card and NPCI, in line with our goal of generating digital transactions at our points of sale.
The BPCL SBI Card RuPay credit card offers 4.25% value on fuel at our over 19,000 outlets across India, along with a host of other top-notch benefits, ”said Mr. PS Ravi, Executive Director (Retail), Bharat Petroleum.
SBI Cards and Payment Services Limited is a non-bank financial company that offers an extensive portfolio of credit cards to individual cardholders and corporate clients, which includes rewards, lifestyle travel and fuel, and credit cards. banking partnerships.
Whether commuting to work, running errands on the weekend, or planning a road trip, using a fuel credit card saves money. 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 expenses, but also benefit from other categories of purchases, ”said Mr. Praveena Rai, COO, NPCI.
On Friday September 24, shares of Bharat Petroleum were last trading 0.08% at Rs 419.50 each on BSE. Bharat Petroleum opened on BSE at Rs 420.10, recording an intraday high of Rs 423.25 and an intraday low of Rs 418.60, during the trading session so far.