A bicycle brake and shift operating device is basically provided with a base member, a brake lever and a first shift switch. The base member includes a grip portion and a mounting portion. The mounting portion is configured to be mounted to a bicycle handlebar. The brake lever is pivotally connected to the base member at a pivot axis. The brake lever includes an inward facing surface and an outward facing surface. The first shift switch includes a first operating portion arranged along the inward facing surface of the brake lever. The first shift switch is arranged to electrically control a shifting device.