Credit card

BPCL and SBI Card launch co-branded RuPay contactless credit card, Energy News, ET EnergyWorld

New Delhi: Fuel retailer BPCL and SBI Card on Thursday announced the launch of a co-branded RuPay contactless credit card, offering fuel and other benefits. Bharat Petroleum Corporation Limited (BPCL) and SBI Card have teamed up to launch the “RuPay contactless credit card co-branded with the SBI BPCL card,” according to a joint statement.

The card will offer customers great fuel savings and other benefits, he said.

The card will offer 13 times the reward points on every Rs 100 spent on fuel purchases at BPCL gas pumps and a 1% fuel surcharge waiver on each transaction up to Rs 4,000, a value of 4, 25%.

Cardholders will also enjoy accelerated savings on other expense categories, including groceries, department stores, restaurants, and movies.

They will get 5X reward points on every Rs 100 spent on groceries, department stores, movies and restaurants, among others. In addition, customers can earn 2,000 activation bonus reward points worth Rs 500 on payment of membership fees.

“The BPCL SBI Card RuPay credit card offers 4.25% value on fuel at our 19,000+ outlets across India, along with a bunch of other top-notch benefits,” PS Ravi, Executive Director (Retail), mentioned BPCL.

He said the offering is in line with BPCL’s efforts to continuously provide its customers with increased value for their fuel expenses.

Rama Mohan Rao Amara, Managing Director and CEO of SBI Card, said, “The BPCL SBI RuPay card is packed with compelling benefits and targets the high net worth consumer segment, which spends large sums on fuel. This card will also strengthen the SBI card portfolio on the RuPay Platform.

“With this launch, we reaffirm our commitment to providing consumers with value-added, secure, contactless and cashless payment solutions.”

Praveena Rai, COO, NPCI said that the BPCL SBI Card RuPay credit card was designed to ensure that customers not only save more on their fuel expenses, but also benefit from other categories of purchases.

“We believe this card is a step forward in RuPay’s contactless journey to provide a smart, rewarding and enjoyable shopping experience for RuPay users,” she said. PTI KPM BAL BAL

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