Equitas Tiga Credit Card
Equitas Small Finance Bank · Open to apply
Equitas's entry card: 1 reward point per ₹100, tripled on UPI payments, contactless payments and at "Pay by 3" merchants, where a purchase is turned into a 3-month EMI automatically. Low annual fee of ₹500 (advertised as lifetime free for a limited period), 0.99% a month interest for the first 3 months and a fuel surcharge waiver worth up to ₹100 a month.
- Annual fee
- ₹500 + GST a year
- Joining fee
- ₹500 + GST
- Fee waiver
- Annual fee waived on ₹1,20,000 spend per card year
- Base rate
- 1 reward point per ₹100: 1 Equitas Reward Points per ₹100 (about 0.1% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 3X (3 points per ₹100) on UPI payments from the card: 3 Equitas Reward Points per ₹100 (about 0.3% at cash value)
- 3X (3 points per ₹100) at Pay by 3 merchants: 3 Equitas Reward Points per ₹100 (about 0.3% 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
Where the sources disagree
- annual fee: The MITC and KFS list a ₹500 annual fee for Tiga; the Tiga page and the card listing call it "Life-time Free" as a "limited period offer". We enter the MITC fee and keep the lifetime-free offer in not_modelled.
Terms the calculator does not value
- Limited-period offer on the Tiga page: a lifetime-free card ("excluding GST"). A new applicant who gets it pays no joining or annual fee, which the calculator does not assume.
- 3X points on contactless payments cannot be matched (the model has no contactless condition), so only UPI and Pay by 3 merchants carry the 3X. Contactless payments earn the base rate here.
- Pay by 3 merchants without a merchant file are not matched for the 3X: Tony & Guy, Tony & Guy Essentuals, SLAM, Skull Candy, 1% Club, Prashanti Sarees, Wedtree, Lectrix. The page says the list is indicative and changes.
- 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 Tiga's 1 point per ₹100 these do not bind, so no cap is entered.
- Higher Privilege Program tiers raise the redemption value of points (Diamond ₹1 a point on travel and vouchers, according to a third-party report); Equitas's own page does not print the values by tier, so the points are valued at the base-tier rates.
- The Tiga-specific terms and conditions, which the page links, could not be read (its benefit tabs load from a script), so the earn rules come from the MITC feature table, the page and its FAQ. Any cap on the 3X rate would be there.
Sources
- Equitas Tiga 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)