Equitas PowerMiles Credit Card
Equitas Small Finance Bank · Open to apply
Equitas's premium metal travel card: 3 points per ₹100, 2% forex markup, 2 domestic and 1 international lounge visit a quarter, Club Marriott and EazyDiner memberships and a fuel waiver of up to ₹450 a month. ₹5,000 joining and annual fee, waived on ₹1.2 lakh spent in 90 days and ₹4.8 lakh a year. Points can be redeemed 1:1 for five luxury brands; the miles-transfer feature is shown as "to go live from Mar'27".
- Annual fee
- ₹5,000 + GST a year
- Joining fee
- ₹5,000 + GST
- Fee waiver
- Annual fee waived on ₹4,80,000 spend per card year
- Base rate
- 3 reward points per ₹100: 3 Equitas Reward Points per ₹100 (about 0.75% at cash value)
- Lounges
- Domestic: 2 visits a calendar quarter; International: 1 visit a calendar quarter
- Forex markup
- 2%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 3X (9 points per ₹100) on international transactions: 9 Equitas Reward Points per ₹100 (about 2.25% at cash value)
Earns nothing on
- No reward points on fuel
- No reward points on rent
- No reward points on wallet loads
- No reward points on government payments
- No reward points on cash advances
- No reward points on EMI conversions
Terms the calculator does not value
- The 3X on international transactions is credited "on a best effort basis" by merchant category, and Equitas does not print the resulting rate: 9 points per ₹100 is triple the 3-point base (third parties report the same). Some international spends may earn only the base rate.
- Points-to-miles and hotel-points transfers at 1:1 to 10+ partners. The page says the feature is "to go live from Mar'27" and third parties report Air India Maharaja Club as the first live partner (Oct 2026). Not entered as a transfer until Equitas publishes the partner list and terms.
- Higher Privilege Program tiers raise the redemption value of points (Diamond ₹1 a point, per a third-party report) and cut the forex markup (0% at Diamond); Equitas's page does not print the values by tier, so base-tier rates are used.
- MITC v1.4 caps points on grocery and utility spends at 2,000 a month each and on insurance at 2,000 a day. At 3 points per ₹100 the grocery and utility caps bind above about ₹66,000 a month in a category.
- Club Marriott and EazyDiner memberships are given again in the second year only on ₹4,80,000 spent; their value is not published.
- The PowerMiles terms and conditions the page links could not be read (its benefit tabs load from a script), so the earn rules come from the page, its FAQ and the MITC.
Sources
- Equitas PowerMiles Credit Card (product page with FAQs) (Product page, the bank's own, read 6 Nov 2026)
- Equitas Most Important Terms & Conditions for Credit Cards, version 1.4 (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Equitas Key Fact Statement for credit cards (30 Aug 2024) (Schedule of charges, the bank's own, read 6 Nov 2026)
- Equitas credit card product and pricing form (Elite Artha, Jan 2026) (Product page, the bank's own, read 6 Nov 2026)
- Equitas Privilege Program (Club Xplorer) (Product page, the bank's own, read 6 Nov 2026)