I have a salary of ₹50,000 per month, and my biggest expenses are fuel and groceries. I’m looking for an SBI credit card that offers the best rewards or cashback on these categories while keeping the annual fee reasonable. Which card should I go for?
For your spending pattern, the BPCL SBI Card Octane would be the best choice if fuel is a major expense. It gives 4.25% valueback on BPCL fuel purchases (including 25 reward points per ₹100 spent on fuel) and 1% fuel surcharge waiver. If you refuel frequently at BPCL stations, this card can save you a good amount over time.
However, if groceries are your bigger expense, then the SBI SimplySAVE Credit Card is a better option. It offers 10X reward points on grocery and departmental store purchases, along with a low annual fee of ₹499 (which can be waived on spending ₹1 lakh annually). It’s a great all-rounder for everyday spending without extra fees eating into your savings.
If you want a mix of both categories and don’t mind a higher fee, you could consider SBI Prime. It gives 2.5% valueback on groceries and departmental stores, plus a fuel surcharge waiver across all petrol pumps. The annual fee is higher at ₹2,999, but it comes with milestone benefits that can make it worth it.
I personally went for SimplySAVE because I spend more on groceries than fuel, but if I had frequent fuel expenses, BPCL SBI Octane would have been my pick. So, it depends on whether you’re spending more at petrol pumps or grocery stores—choose based on where your money actually goes!