SimplifyCards take
A quick decision view before the full facts.
Good fit if: you want a card built for UPI and fuel.
Why it can work
It offers accelerated rewards on UPI, contactless, and pay-by-3 merchant spends.
Where value may drop
The renewal fee is waived only on Rs 1.2 lakh of annual spend. Rent, wallet loads, and government payments don't earn rewards. The 3.5% forex markup is high for overseas use.
Quick facts
The key fields before the full details.
Reward calculator
Enter your monthly spend to estimate how many reward points you earn and what they are worth.
Considering Blue tier based on the current monthly spend. Higher tiers require the relevant monthly threshold to be met in all three months of each calendar quarter.
What your points are worth
Same points, very different value depending on how you redeem.
How you earn it
| Category | Monthly spend | Reward Points/yr |
|---|---|---|
| UPI payments | Rs 5,000 | 1,800 |
| Other spends | Rs 8,000 | 2,880 |
Estimates only. Reward rates, caps, and redemption values follow each bank's current terms and can change.
Equitas Privilege Program
Shared spend-based tiers for Tiga, Selfe, and PowerMiles.
| Tier | Required monthly spend | Equivalent quarterly spend |
|---|---|---|
| Blue | Base tier | - |
| Silver | Rs 20,000 | Rs 60,000 |
| Gold | Rs 40,000 | Rs 1,20,000 |
| Platinum | Rs 60,000 | Rs 1,80,000 |
| Diamond | Rs 1,00,000 | Rs 3,00,000 |
How tier qualification works
- Meet the monthly threshold in all 3 months of the calendar quarter.
- Tier status is reviewed quarterly and may be upgraded or downgraded.
- Calendar quarters are Apr-Jun, Jul-Sep, Oct-Dec, and Jan-Mar.
Benefits available across tiers
- Higher reward redemption value
- Bonus reward points
- Movie and shopping vouchers worth Rs 250
- Golf benefits
- One-way flight booking worth Rs 3,000
- Hotel room night worth Rs 3,500
Benefit availability varies by tier. The reward calculator's tier estimate assumes your spend is maintained evenly each month.
Official program termsBest for / avoid if
Who this card suits — and who should skip it.
Best for UPI, Contactless, And Pay-By-3 Merchant Spends
3 Reward Points / Rs 100 spent
Avoid for heavy international use
A 3.5% forex markup is on the higher side for overseas spends.
Avoid if you spend big on rent, wallet loads, and government payments
These categories are excluded and won't earn rewards.
Rewards and redemption
Earn rates, caps, and how points convert to value.
| Category | Rate |
|---|---|
| UPI, contactless, and Pay-by-3 merchant spends | 3 Reward Points / Rs 100 spent |
| Other retail spends | 1 Reward Point / Rs 100 spent |
Redemption
Lounge and milestone rules
The spend conditions worth knowing before you rely on a benefit.
Exclusions
Categories that earn no rewards on this card.
- Fuel transactions (surcharge waiver only, no reward points)
- Cash advance transactions
- EMI conversion transactions
- Wallet loading transactions
- Rent payments
- Government spends & tax payments
- Fees and charges
Benefits and fine print
Welcome, renewal, and other listed benefits.
Additional benefits
- Limited-period first-year-free offer currently live, excluding GST
- Pay by 3: Eligible transactions at select merchants (TATA Cliq, Netmeds, Skull Candy, 1% Club, etc.) auto-converted into 3-month low-cost EMI
- Introductory interest rate of 0.99% per month for first 3 months from card issuance
- Up to 50 days interest-free credit period on regular purchases
- 1% fuel surcharge waiver on transactions between Rs 500 and Rs 3,000 (up to Rs 100 per month)
- Complimentary air accident cover, credit shield, and lost card liability insurance
Additional details
- Reward points redeemable on Equitas Xchange portal (xchange.equitasbank.com) for products, vouchers, and travel
Eligibility
Check this before you apply.
Salaried
- Minimum annual income: Rs 4.2 – 5 lakhs
- Age: 21 – 60 years
- Subject to Equitas Small Finance Bank credit approval
Self-employed
- Minimum annual income: Rs 4.2 – 5 lakhs
- Age: 21 – 60 years
- Subject to Equitas Small Finance Bank credit approval
Compare before you decide
Alternatives based on what you might want instead.