🏦 Equitas Small Finance Bank — Purpose-Led Bankin
Equitas Small Finance Bank Credit Cards 2026
Three distinct cards for every stage of your credit journey — the
digital-first Tiga for everyday UPI spenders, the
customisable Selfe for lifestyle earners, and the
premium metal PowerMiles for frequent travellers.
All available with 1st year fee waiver, on Visa,
Mastercard, and RuPay networks.
📱
Tiga
UPI & Contactless Rewards
₹500/yr · 1st yr free
🎨
Selfe
Your Choice. Your Rewards.
₹1,000/yr · 1st yr free
✈️
PowerMiles
Premium Metal Travel Card
₹5,000/yr · 1st yr free
About Equitas Small Finance Bank Credit Cards
Equitas Small Finance Bank — one of India's leading small finance
banks headquartered in Chennai — launched its credit card
portfolio in 2024 with a clear proposition:
three purpose-built cards, each designed for a distinct user
profile. Unlike large banks with sprawling card catalogues, Equitas
brings sharp focus — Tiga for digital-native everyday users, Selfe
for lifestyle customisation seekers, and PowerMiles for premium
travel-focused high earners. All three offer
first-year fee waiver and are powered by the
proprietary Xchange rewards portal.
What makes Equitas credit cards stand out in India's crowded market
is a combination of
thoughtful design, genuine choice, and competitive
rewards. The Selfe card's customisable category system (10X on any two
categories you choose) puts spending power in your hands. The Tiga
card's Pay-by-3 automatic EMI conversion at select merchants makes
digital spending more manageable. And the PowerMiles card's metal
construction, Club Marriott membership, EazyDiner access, and
planned 1:1 air mile transfer program set it apart from peers in the
₹5,000 fee tier.
All Equitas credit cards are enrolled in the bank's
Privilege Program — a five-tier loyalty framework
(Blue → Silver → Gold → Platinum → Titanium) that unlocks
progressively richer benefits like bonus reward points, movie
vouchers, shopping credits, golf access, and complimentary hotel
stays for higher monthly spenders.
Best Equitas Credit Cards in India 2026
Equitas Card
Equitas Tiga Credit Card
0.5/ 5
Rewards
- Earn 3X rewards on UPI, contactless payments and EMI spends at partner merchants
- Save up to ₹3,000 annually on fuel expenses
Apply Now →
Equitas Credit Cards — Detailed Breakdown
3X on UPI payments
3X Contactless (Tap-to-Pay)
3X Pay-by-3 Merchants
Auto EMI via Pay-by-3
1% Fuel Surcharge Waiver
0.99% APR (first 3 months)
RuPay + Visa Choice
5 Add-on Cards Free
The Tiga is Equitas's entry-level card built
around India's UPI revolution. It earns 3X reward points on
every UPI payment (RuPay variant), tap-to-pay contactless
transaction, and purchase at select Pay-by-3 partner merchants
(Tata CLiQ, Netmeds, Tony & Guy, Skull Candy, 1% Club, etc.).
Pay-by-3 automatically converts eligible transactions into a
3-month low-cost EMI — no manual conversion needed. The
0.99%/month introductory rate for the first 3 months is a sweet
deal for first-time credit card users.
Apply for Tiga →
3X on International spends (4.5%)
1:1 Air Miles Transfer (10+ partners)
8 Domestic Lounge/yr (Priority Pass)
4 International Lounge/yr
Club Marriott Membership
EazyDiner Membership
2% Forex Markup (low)
₹1Cr Air Accident Cover
Metal Card
₹4.8L Annual Spend Waiver
The PowerMiles is Equitas's flagship metal
credit card for frequent travellers and high spenders. Earn 3X
points on all international POS and online transactions — an
effective 4.5% reward rate on overseas spends.
Redeem points at 1:1 ratio to air miles across 10+ airline and
hotel partners (Air India, British Airways, Etihad, United,
Finnair, Thai Airways, Japan Airlines, Air Canada, IHG Hotels,
Wyndham Hotels). Access domestic lounges 2x/quarter (8/year) and
international lounges 1x/quarter (4/year) via Priority Pass.
Welcome bonus: 2,000 EazyPoints from EazyDiner + either Club
Marriott or EazyDiner membership.
⚠️
The 1:1 air miles transfer feature was slated for early 2026
but has been delayed. Current expected launch:
July 1, 2026. Until then, redemption via
statement credit (1 pt = ₹0.50) and Equitas Xchange portal is
available.
Apply for PowerMiles →
10X on 2 self-chosen categories
3.5% value-back on chosen cats
2X base on all other spends
2 Free OTT Memberships
Domestic Lounge Access
Metal Card Option (₹3,500 extra)
Visa or RuPay Choice
Green Eco Card Option
The Selfe puts the cardholder in control.
Choose any
2 categories from: Apparel, Dining, Grocery, Utility, or
Taxi
— and earn 10X reward points (3.5% effective value-back) on
those categories every month. Everything else earns a
competitive 2X base rate. Welcome benefits include your choice
of 2 complimentary memberships from Amazon Prime, JioHotstar,
Sony LIV, Zee5, or Discovery+. The card also comes in three
physical forms — Standard Blue, Eco-friendly Green (₹250 extra),
or Premium Metal (₹3,500 extra).
Apply for Selfie →
Equitas Credit Cards Quick Comparison
| Feature |
Tiga |
Selfe |
PowerMiles |
| Annual Fee |
₹500+GST |
₹1,000+GST |
₹5,000+GST |
| 1st Year |
FREE |
FREE |
FREE* |
| Fee Waiver |
— |
— |
₹4.8L annual spend |
| Top Reward Rate |
3X (UPI/Tap/Pay-by-3) |
10X (2 chosen cats) |
3X Intl. (9 pts/₹100) |
| Base Reward |
1 pt/₹100 |
2 pts/₹100 |
3 pts/₹100 |
| Effective Top Return |
~0.45% |
~3.5% |
~4.5% (intl.) |
| Lounge Access |
❌ |
Domestic only (1/quarter) |
8 dom + 4 intl/yr |
| OTT Memberships |
❌ |
✅ Any 2 (welcome) |
Club Marriott or EazyDiner |
| Pay-by-3 EMI |
✅ Auto-convert |
❌ |
❌ |
| Air Miles Transfer |
❌ |
❌ |
✅ 1:1 (10+ partners) |
| Forex Markup |
3.5% |
3.5% |
2% (lower) |
| Min. Income |
₹4.2L–₹5L p.a. |
₹5L–₹18L p.a. |
₹18L+ p.a. |
| Network |
Visa / RuPay |
Visa / RuPay |
Mastercard |
| Card Type |
Plastic |
Plastic / Green / Metal |
Metal |
| Apply |
Apply →
|
Apply →
|
Apply →
|
Selfe Card — Choose Your 2 Reward Categories
The Equitas Selfe card's defining feature is category customisation.
At the time of card issuance,
choose any 2 of the following 5 categories to earn
10X reward points (3.5% effective return). All other spends earn 2X
base rate.
💡
Best Selfe category combinations: For urban
professionals — Dining + Taxi (Swiggy, Zomato,
Uber, Ola all covered). For families —
Grocery + Utility (BigBasket, Blinkit,
electricity, gas bills). For fashionistas —
Apparel + Dining. Choose based on where you
already spend the most — the 10X points on your top 2 categories
can yield ₹3,000–₹6,000 in annual reward value on typical
household spends.
ℹ️
Welcome memberships: At time of joining, the
Selfe card entitles you to choose
any 2 complimentary memberships from: Amazon
Prime, JioHotstar, Sony LIV, Zee5, or Discovery+. Combined value:
₹2,000–₹3,500. Also includes domestic airport lounge access — 1
complimentary visit per calendar quarter (4 visits/year).
Equitas Xchange Rewards Program
All Equitas credit cards are powered by the
Xchange platform at xchange.equitas.bank.in — a
unified rewards portal where all three card variants earn and redeem
points in the same system. Points have a
3-year validity from the date of accrual.
🎁
Vouchers & Gift Cards
Redeem points for gift vouchers from Amazon, Flipkart, Myntra, Swiggy, Zomato, and 50+ brand partners on the Xchange portal
1 pt = ₹0.25–₹0.35
🛍️
Merchandise Catalogue
Browse electronics, home appliances, accessories, and lifestyle products available for direct points redemption on Xchange
1 pt = ₹0.25
✈️
Flight & Hotel Bookings
Book flights and hotels directly through Xchange portal using reward points — available to all card variants
1 pt = ₹0.25–₹0.50
💳
Statement Credit
Convert points into direct statement credit against outstanding balance — simple, no portal required. Best for utility value.
1 pt = ₹0.50
🛫
Air Miles (PowerMiles)
Instant 1:1 transfer to 10+ airline and hotel loyalty programs — Air India, British Airways, Etihad, Qatar, IHG, Wyndham & more.
1 pt = 1 mile (1:1)
⭐
Luxury Catalogue (PowerMiles)
Exclusive luxury redemption options — curated travel experiences, premium dining, and lifestyle rewards for high-tier PowerMiles holders
Premium value
⚠️
Points exclusions: Reward points are NOT earned on rent payments, wallet reloads, EMI transactions (except on Tiga's Pay-by-3 merchants), fuel transactions, cash advances, government fee payments, and education transactions. Grocery and utility reward points are capped at 2,000 points per month per category on the PowerMiles card. Insurance transactions are capped at 2,000 points per day. Points validity: 3 years from date of accrual.
Equitas Privilege Tier Program
All Equitas credit cardholders — on Tiga, Selfe, and PowerMiles —
are enrolled in the Equitas Privilege Program, a
five-tier loyalty framework that unlocks progressively better
benefits based on monthly card spending. Higher tiers offer bonus
reward points, movie vouchers, Amazon/Flipkart credits, golf access,
and complimentary hotel stays.
🔵
Blue
Base Tier
All cardholders
🥈
Silver
₹10K–₹24K/mo
Bonus pts + perks
🥇
Gold
₹25K–₹49K/mo
Vouchers + bonus
💎
Platinum
₹50K–₹99K/mo
Golf + premium
⭐
Titanium
₹1L+/month
Free flights + stays
🌟
Titanium Tier (₹1L+/month spend): At the highest
tier, Equitas PowerMiles holders unlock complimentary domestic
flight tickets, hotel stays, enhanced movie and shopping vouchers,
priority customer service, and additional bonus reward points
every month. For high-spending PowerMiles cardholders, the
Titanium tier alone can generate ₹20,000–₹30,000 in annual
benefits.
Equitas Credit Card Fees & Charges
| Fee / Charge |
Tiga |
Selfe |
PowerMiles |
| Joining Fee |
FREE (1st yr) |
FREE (1st yr) |
FREE* |
| Annual Fee (from Yr 2) |
₹500+GST |
₹1,000+GST |
₹5,000+GST |
| Metal/Green Style Fee (Selfe) |
N/A |
Green: +₹250
Metal: +₹3,500 |
Included (metal card) |
| Annual Fee Waiver |
— |
— |
₹4.8L annual spend; also waived if ₹1.2L spent in first 90
days
|
| Finance Charges (Interest) |
Up to 3.5% per month (42% p.a.) on revolving balance.
Introductory rate for Tiga: 0.99%/month for first 3 months
|
| Late Payment Fee |
Slab-based depending on total outstanding; ranges from ₹100
to ₹1,000+
|
| Cash Advance Fee |
2.5% of withdrawn amount (minimum ₹500) + interest from date
of withdrawal
|
| Foreign Transaction Markup |
3.5% |
3.5% |
2% (lower) |
| Fuel Surcharge Waiver |
1% (₹500–₹3,000 txn) |
1% (₹500–₹3,000 txn) |
Subject to terms |
| Add-on Cards |
Up to 5, free |
Up to 5, free |
Up to 5, free |
🎁
First-Year Free on All Cards: All three Equitas
credit cards — Tiga, Selfe, and PowerMiles — come with a
first-year fee waiver. For the PowerMiles card,
the ₹5,000 joining fee is waived if you spend ₹1,20,000 within the
first 90 days of card issuance. This gives you a full year to
experience the premium benefits risk-free before the annual fee
kicks in from year 2.
Eligibility Criteria — Equitas SFB Credit Cards
Equitas credit cards have clearly differentiated income requirements
to match each card's profile. All three cards are available in both
unsecured (credit-based) and
secured (FD-backed) variants.
👤
Age: 21 – 60 Years
Primary cardholder must be 21–60 years old for all Equitas
credit card variants. Supplementary/add-on cardholders minimum
18 years.
💰
Income by Card Variant
Tiga: ₹4.2L–₹5L p.a. (₹35,000/month).
Selfe: ₹5L–₹18L p.a.
PowerMiles: ₹18L+ p.a. (₹1.5L/month).
📊
CIBIL Score: 700+
A minimum CIBIL score of 700 is recommended. PowerMiles may
require 750+. Secured FD-backed variant available for those
with lower scores or no credit history.
🏠
Residency: Indian Resident
Must be a resident Indian. Equitas serves all major cities
through digital application. NRIs are not eligible for
standard Equitas credit cards.
💼
Employment: Salaried or Self-employed
Both salaried and self-employed individuals are eligible.
Business owners and freelancers need to show income proof via
ITR or bank statements.
🔒
FD-Backed (Secured) Option Available
All three Equitas credit cards are available against a Fixed
Deposit — ideal for individuals with low/no credit history or
those wanting a higher credit limit. Credit limit = FD amount.
📄
Documents required: PAN card (mandatory), Aadhaar
card (identity + address), latest 3-month salary slips or 6-month
bank statements (salaried), or 2-year ITR (self-employed).
Application is fully digital — no branch visit required. Video-KYC
or OTP-based verification available.
How to Apply for an Equitas Credit Card Online
The Equitas credit card application is fully digital, paperless, and
takes under 10 minutes. Cards are dispatched within 7–10 working
days of approval.
1
Choose Your Card
Compare Tiga, Selfe, and PowerMiles based on your income
level, spending habits, and needs. Use the comparison table
above to shortlist the right card before starting the
application.
2
Click Apply Now on MyBankingTips
Hit the Apply Now button to be redirected to Equitas Bank's
official application portal at equitas.bank.in. The process
begins with a simple eligibility check — enter your mobile
number and PAN card to start.
3
Fill the Application Form
Provide personal details (name, date of birth, PAN, address),
employment information (employer name, monthly income), and
any existing banking relationship with Equitas SFB for faster
processing.
4
Upload KYC Documents Digitally
Upload your PAN card (both sides), Aadhaar (both sides), and
income proof — salary slips for the last 3 months (salaried)
or latest ITR acknowledgement (self-employed). All uploads are
encrypted and secure.
5
Complete Video-KYC
Equitas uses Video-KYC for instant identity verification — no
branch visit required. A 5-minute video call with an Equitas
representative completes the KYC process. Ensure good lighting
and a stable internet connection.
6
Receive Card & Activate on Selfe Loans App
Your physical card arrives within 7–10 working days. Activate
it via the Selfe Loans App or the Equitas
Mobile Banking App — also use the app to set your PIN, view
transactions, pay bills, and access your Xchange rewards
portal.
💡
Selfe Card Tip: When applying for the Selfe card,
you'll be asked to select your
2 preferred reward categories and your
2 OTT platform memberships during the application
process — have your preferences ready. You can also choose your
preferred billing date (12th, 16th, or 20th of the month) and your
preferred card design (Standard/Green/Metal).
Smart Tips to Maximise Your Equitas Card Value
✅ Pros
-
✓For Selfe: choose
Dining + Taxi if you're an urban professional
who frequently orders on Swiggy/Zomato and uses Uber/Ola —
highest day-to-day value combination
-
✓Use the
Tiga RuPay variant linked to Google Pay or
PhonePe for all UPI payments to earn 3X points — works at any
UPI QR code, not just specific merchants
-
✓For PowerMiles: prioritise using your card for
all international spends — 3X (4.5% return)
combined with the 2% forex markup still gives a positive net
return
-
✓Redeem Xchange points via
statement credit at ₹0.50/point — this is the
highest value-per-point redemption option available on all
three cards
-
✓Spend ₹10K–₹25K/month on your Equitas card to
unlock Silver/Gold Privilege tier benefits —
bonus reward points, movie vouchers, and lifestyle perks
-
✓PowerMiles: spend
₹1.2L in the first 90 days to get the ₹5,000
joining fee waived entirely — then spend ₹4.8L/year for annual
fee waiver from Year 2 onwards
✗ Cons
-
✗Don't use Equitas cards for
rent, wallet loads, EMIs, fuel, or government fee
payments
— zero reward points earned on all these categories
-
✗Avoid using the PowerMiles card as an
international forex card exclusively — the 2%
markup, while lower than most, still reduces your net 4.5%
reward to effectively ~2.5% abroad
-
✗Don't apply for PowerMiles expecting
instant air mile transfers — the 1:1 transfer
feature was delayed; current expected launch is July 2026;
plan around statement credit redemption for now
-
✗Don't accumulate Xchange points without an
annual redemption plan — points have a 3-year
validity, not lifetime. Redeem regularly, especially as you
near the end of each earning year
-
✗For Selfe card: don't pick categories
casually — you typically cannot change them
frequently. Analyse 3 months of bank/credit card statements
before choosing to maximise accuracy
-
✗Don't ignore the
Privilege Tier spend milestones — a small
incremental monthly spend to cross from Silver to Gold can
unlock significantly disproportionate benefits
🎯
Expert Verdict: Equitas SFB's credit card
portfolio punches well above its weight for a small finance bank.
The Selfe card at ₹1,000/year is one of India's
best customisable cashback cards for the mid-income segment —
rivalling offerings from SBI and Axis. The
PowerMiles is genuinely impressive for a new
entrant, with Club Marriott, EazyDiner, Priority Pass access, and
the upcoming air miles program all at ₹5,000/year with a fee
waiver option. The main caveat is brand recognition — Equitas is
not as widely trusted as HDFC or SBI yet — but for financially
savvy users who look beyond brand names, these cards offer
outstanding value.
Frequently Asked Questions — Equitas SFB Credit Cards
What is the difference between Tiga, Selfe, and
PowerMiles?
The three Equitas credit cards serve distinct profiles.
Tiga (₹500/yr) is for entry-level digital users
— best for UPI payments (3X), contactless tap-to-pay (3X), and
automatic 3-month EMI via Pay-by-3 merchants. Eligible with
₹4.2–₹5L annual income. Selfe (₹1,000/yr) is
for lifestyle-focused mid-income earners — 10X rewards on any 2
categories of your choice (Apparel, Dining, Grocery, Utility,
Taxi), plus 2 OTT memberships and domestic lounge access. Income
₹5–18L. PowerMiles (₹5,000/yr) is for premium
frequent travellers — 3X on international spends, Priority Pass
lounge access, Club Marriott & EazyDiner, metal card, and
upcoming 1:1 air mile transfers. Income ₹18L+.
How does the Equitas Selfe card category selection
work?
When you apply for the Selfe card, you select any 2 categories
from: Apparel, Dining, Grocery, Utility, or Taxi. On all spends
in your chosen categories, you earn
10 reward points per ₹100 — which translates to
approximately 3.5% effective value-back (since each point is
worth ₹0.25–₹0.35 on standard redemption). All other eligible
spends earn 2 points per ₹100 as the base rate. This is
significantly better than most Indian bank cards that offer 1–2X
on all categories uniformly. You can contact Equitas customer
care to request a category change — frequency limits may apply.
What is Pay-by-3 on the Equitas Tiga card?
Pay-by-3 is a unique automatic EMI feature on the Equitas Tiga
card. When you make a purchase at any of Equitas's designated
Pay-by-3 partner merchants — including Tata CLiQ, Netmeds, Tony
& Guy, Tony & Guy Essentials, SLAM, Skull Candy, 1% Club,
Prashanti Sarees, Wedtree, and Lectrix — the transaction is
automatically converted into a 3-month installment plan at a low
interest rate. You earn 3X reward points on these transactions
as well. There is no manual EMI conversion needed — the split
happens automatically on your next statement. This makes
higher-value purchases more manageable without the usual EMI
conversion process.
Is the PowerMiles air miles transfer available now?
The 1:1 air mile transfer feature for the Equitas PowerMiles
card — which was the card's primary marketing USP — has been
delayed twice. It was initially expected in early 2026, then
pushed to a later date. As of May 2026, the current expected
launch date is July 1, 2026. Until then,
PowerMiles cardholders can redeem points via the Xchange portal
for statement credit (₹0.50/point), vouchers, merchandise, and
flight/hotel bookings — but direct 1:1 airline point transfers
are not yet live. This is an important consideration for those
applying specifically for the air miles feature — factor in the
delay when making your decision.
Can I use Equitas credit cards for UPI payments?
Yes — the RuPay variants of the Tiga and Selfe
cards support UPI payments. Link your Equitas RuPay credit card
to any UPI app — BHIM, Google Pay, PhonePe, or Paytm — to make
UPI-based credit card payments. The Tiga card specifically earns
3X reward points on UPI transactions, making it
one of the most rewarding UPI credit cards in India for the
income bracket it targets. The Selfe RuPay variant also supports
UPI. The PowerMiles card is on the Mastercard network and does
not support UPI payments.
How do I redeem Equitas Xchange reward points?
Equitas reward points can be redeemed through the Xchange portal
at xchange.equitas.bank.in. Options include:
(1) Gift vouchers and brand vouchers at ₹0.25–₹0.35 per point,
(2) Merchandise from Equitas's product catalogue, (3) Flight and
hotel bookings through the portal, (4) Statement credit at ₹0.50
per point (best value option), and (5) Luxury catalogue
(PowerMiles cardholders). For PowerMiles, the upcoming 1:1 air
mile transfer will allow instant conversion in the HSBC India
Mobile Banking App once launched. All reward points have a
3-year validity from the date they are credited
to your account.
Related Equitas Credit Card Articles & Guides
What is Credit Card EMI? Meaning, Benefits & How It Works
Updated on May 29, 2026
Credit Card Against Fixed Deposit (FD): Complete Guide
Updated on May 29, 2026
How the Billing Cycle Works
Updated on May 29, 2026
How to Generate Your Credit Card PIN: Complete Step-by-Step Guide
Updated on May 29, 2026
What is Minimum Due on a Credit Card?
Updated on May 29, 2026
How to Know Your Credit Card Billing Date?
Updated on May 29, 2026
How to Get a Credit Card Without a Job in India?
Updated on May 29, 2026
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What is CUR Full Form in Credit Card? Meaning, Calculation & Importance
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What Our Readers Say About Equitas Cards
★★★★★
"Got the Selfe card with Dining + Taxi categories — my Swiggy
and Uber spends now give me 3.5% back. MyBankingTips helped me
choose the right combo in minutes. The metal card looks premium
for just ₹1,000/yr!"
A
Ananya Krishnan
Marketing Executive, Chennai
★★★★★
"Tiga card's Pay-by-3 feature at Tata CLiQ is genuinely useful.
Bought a ₹15,000 laptop — auto-split into 3 months with 3X
reward points on the whole amount. No other card does this
automatically."
R
Rohan Pillai
Software Developer, Bangalore
★★★★★
"PowerMiles is worth every rupee for international travel. Club
Marriott alone saves me 25% on all my hotel stays. Applied
through MyBankingTips — entire process done in 12 minutes, card
in 8 days."
S
Suresh Babu
Business Owner, Hyderabad
⚠️ Disclaimer
MyBankingTips is a loan aggregator authorised to
provide services on behalf of its partners. All Equitas Small
Finance Bank credit card features, fees, interest rates, reward
programs, and benefits described on this page are for informational
purposes and subject to change at Equitas Small Finance Bank's
discretion. The PowerMiles 1:1 air miles transfer feature was not
yet live as of May 2026 — expected launch July 2026, subject to
further delays. The Privilege Program tier benefits are indicative
and may vary. MyBankingTips does not guarantee application approval.
Please read Equitas Bank's MITC at equitas.bank.in carefully before
applying.