Visa ★ Metal Edition 📡 Contactless NFC

Equitas PowerMiles Credit Card

Joining Fee₹5,000

Annual Fee₹5,000

Forex Markup 2%

Application ModeDirect via Bank Website

⚖️ Card Verdict & Target Persona

Who Should Apply

Frequent international flyers seeking 1:1 airline conversions, Club Marriott hotel dining/stay privileges, low 2.0% forex markup, and global lounge visits.

Who Should Avoid

Users who do not travel or those unable to meet the ₹4 Lakh annual spend fee waiver.

🎁 Key Features & Highlights

🎉

Joining & Activation Welcome Gift

Complimentary Club Marriott membership + EazyDiner Prime membership + 10,000 bonus PowerMiles upon payment of joining fee

Low 2% Forex Markup

Low foreign currency markup fee of 2.0% on all international point-of-sale and online transactions.

Domestic & International Airport Lounge Access

8 complimentary domestic lounge visits (max 2/quarter) + 4 international lounge visits per year via Priority Pass.

Club Marriott & EazyDiner Prime Memberships

Complimentary Club Marriott and EazyDiner Prime annual memberships upon joining fee payment.

💰 Reward Structure & Point Valuation

1 PowerMiles = ₹1

Standard Base Earning

3 PowerMiles per ₹100 spent on regular domestic retail (1.0% return)

Accelerated / Partner Rate

9 PowerMiles (3X, 3.0% return) per ₹100 on all international retail spends; 1:1 air mile and hotel loyalty partner conversion ratio

Points Validity:24 Months

Redemption Fee: ₹0 (Free)

Redemption Modes: 1:1 Airline Miles Transfer (Air India, KrisFlyer, InterMiles), Equitas Xchange Travel Portal (Flight and Hotel Bookings at 1 PowerMile = ₹1.00), Luxury Brand Vouchers (Apple Imagine, Taj, Tanishq)

🚫 No Reward Points / Cashback on:

Fuel Rent Payments Wallet Loads Government Transactions Jewellery EMI

🛋️ Airport Lounge Access & Spend Criteria

✓ Lounge Access Active

🛫

Domestic Lounge Visits8 complimentary domestic airport lounge visits per calendar year (max 2 per quarter)

🌐

International Lounge Visits4 complimentary international airport lounge visits per calendar year (max 1 per quarter) via Priority Pass

⚠️

Spend Criteria: None (Unconditional complimentary access)

⚡ Spend Milestones & Special Perks

Annual Fee Waiver ₹400,000/yr

Annual renewal fee of ₹5,000 + GST is waived off on spending ₹4,00,000 or more in the previous anniversary year

UPI Payments Support✗ Not Supported

UPI not supported on Visa network

Fuel Surcharge Waiver1% Surcharge Waived

1% fuel surcharge waiver for transactions between ₹400 and ₹4,000 (Capped at ₹250/mo)

📋 Eligibility Criteria

✓ Official Criteria

Age Limit21 - 60 Years

Min. Monthly Income₹150,000

Min. Credit Score750 CRIF

Employment TypeSalaried / Self-Employed

📊 Interest Rates & Charges

Finance Charges (Interest Rate / APR):3.50% per month (42.0% per annum)

Late Payment Penalties:Late payment charges slab-based up to ₹1,200

Official Bank Portal Application

Get the Equitas PowerMiles Credit Card

Annual Fee: ₹5,000/yr (Waivable)

Personalized Card Matcher

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Frequently Asked Questions

No, Equitas PowerMiles Credit Card has a joining fee of ₹5000 and an annual renewal fee of ₹5000 (plus applicable taxes).