Head-to-head · 🇮🇳 India

Axis ACE vs SBI BPCL Octane

Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.

IN
Axis Bank
Axis ACE
VISA
Wins 3 of 10
IN
SBI Card
SBI BPCL Octane
VISA
Wins 2 of 10
Verdict

Axis ACE wins 3-2. Bill payments + utilities + fuel — set-and-forget cashback SBI BPCL Octane is still the right call if highest fuel cashback in india — 7.25% effective at bpcl pumps..

Side-by-side

CriterionAxis ACESBI BPCL Octane
Annual fee
₹499
·
₹1,499
Joining fee
₹499
·
₹1,499
Top reward rate
·
4% (fuel)
7.25% (fuel)
Base reward rate
1.5%
·
1.25%
Forex markup
=
3.5%
=
3.5%
Welcome bonus
=
Up to ₹2,000 cashback on first 60-day spends
=
6,000 BPCL reward points (₹1,500 fuel value)
Fee waiver threshold
=
₹200,000 / yr
=
₹200,000 / yr
Min income
=
₹360,000
=
₹360,000
Min credit score
·
750
740
Editorial rating
=
4.5/5
=
4.5/5

Benefits compared

Axis ACE

  • 5% cashback on Google Pay bill payments (electricity, gas, broadband, mobile, DTH)
  • 4% cashback on Swiggy, Zomato, Ola
  • 2% cashback on every other transaction
  • 4 complimentary domestic airport lounge visits per year
  • 1% fuel surcharge waiver

SBI BPCL Octane

  • 25 reward points per ₹100 at BPCL (~7.25% value)
  • 10x rewards on dining + grocery + departmental
  • 4 domestic lounge visits/year
  • 1% fuel surcharge waiver

FAQ

Axis ACE vs SBI BPCL Octane: which is better?

Axis ACE wins on more dimensions (3 vs 2). But the right answer depends on your specific spending pattern — see the calculator below.

Can I get both?

Yes — if your credit profile supports it, holding both is the optimal play. Use Axis ACE for its best categories, SBI BPCL Octane for its best categories. Just watch the combined annual fees against your spend.

Which one has the better welcome bonus?

Axis ACE: Up to ₹2,000 cashback on first 60-day spends. SBI BPCL Octane: 6,000 BPCL reward points (₹1,500 fuel value).