Equitas PowerMiles
KeepA small-finance-bank miles card with a big roadmap — 3% earn now, 1:1 airline transfers landing Sep-2026.
What it's worth to you — net annual value
Welcome: Club Marriott + EazyDiner memberships; ₹5,000 joining fee reversed on ₹1.2L spend in 90 days
How these numbers are computed →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
The take
PowerMiles is Equitas's swing at the travel crowd, and the bones are good for a ₹5,000 card: 3 reward points per ₹100, tripled to 9 on international spend, complimentary Club Marriott and EazyDiner memberships, domestic and international lounge visits, and a five-tier ladder (Blue to Diamond) that hands ₹1-per-point value and zero forex to its heaviest spenders. The headline "9% international" only fully lands once you hit Diamond and once the 1:1 airline-miles transfer program goes live in September 2026 — until then points are worth ₹0.50 on travel and vouchers, so it's an earn-and-burn card, not yet a miles powerhouse. Worth holding through the fee reversal (₹1.2L in 90 days) to see the transfer partners switch on.
What's good
- 3 reward points/₹100 base, 9/₹100 on international spends
- 1:1 miles transfers to 9 airlines + IHG/Wyndham — launching September 2026
- Club Marriott + EazyDiner memberships bundled; ₹5,000 fee reversed on ₹1.2L in 90 days
- Diamond tier unlocks 0% forex and ₹1-per-point value for ₹1L/month spenders
Watch out
- The 1:1 airline transfer program is NOT live until Sep 2026 — until then points cap at ₹0.50 on travel
- 0% forex and ₹1/point only at the top Diamond tier (₹1L/month sustained); 2% forex otherwise
- Lounge access is modest — 2 domestic + 1 international per quarter
- New small-finance-bank program — transfer partners unproven until they go live
What earns, what doesn't
Base 3 reward points/₹100; 9/₹100 on international POS/online. Points redeem ₹0.50 travel/voucher (₹0.25 cashback). Category exclusions community-mapped and flagged.
- Fuel · excluded Fuel excluded from RP earn (community, flag)
- Rent & property management · excluded Rent excluded (community, flag)
- Wallet loads · excluded Wallet loads excluded (community, flag)
- Government / tax · excluded Government/tax excluded (community, flag)
per Equitas Small Finance Bank T&C (community-sourced) · rank every card by spend category →
Lounge access
Opens 73 of 662 tracked lounge doors across 41 airports — see the full map →
Can you get it?
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
Open to public application on the Equitas website, subject to the bank's income and bureau checks — no invite required. It's a metal card at ₹5,000 + GST, with the joining fee reversed if you spend ₹1.2 lakh within 90 days and the annual fee waived at ₹4.8 lakh yearly spend. The tier benefits (up to 0% forex, ₹1/point at Diamond) build with sustained monthly spend rather than a wealth relationship.
Equitas Small Finance Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
per the official Equitas Small Finance Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the ranking by what you can get →
The fine print
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
Metal card on Visa or RuPay, open to public application. Fee ₹5,000 + GST, joining fee reversed on ₹1.2L spend in 90 days, annual fee waived at ₹4.8L. Earn 3 RP/₹100 base, 9/₹100 (3x) international. Five tiers Blue→Diamond by monthly spend (₹20k–₹1L over 3 months); Diamond unlocks 0% forex and ₹1/point value. The 1:1 airline-miles transfer program launches Sep 2026 (not live at 2026-07-21). Fee/APR community-corroborated (CardInsider/Paisabazaar); verify per-fee slabs against the official MITC.
per the official Equitas Small Finance Bank MITC · reviewed 10 Jul 2026
What's changed for this card
Full tracker →No tracked devaluations or changes yet — this card's history starts here.
Go deeper
Sources
Every fact on this page is checked against these documents — the issuer's own paperwork first. Spot something stale? The PDF wins, and we re-verify.
- official Product page — metal card, ₹5,000 fee, 3 RP/₹100 base + 3x international, tiered forex/point value, lounge access, Sep-2026 miles transfer roadmap checked 21 Jul 2026
- community CardInsider — 3 RP/₹100, ₹0.50 travel / ₹0.25 cashback point value, Blue→Diamond tiers, Club Marriott + EazyDiner welcome, transfers from Sep 2026 checked 21 Jul 2026
- community Paisabazaar — ₹5,000 fee (reversed on ₹1.2L/90 days), ₹4.8L waiver, 2 domestic + 1 international lounge/quarter checked 21 Jul 2026
- community Card Maven — 1:1 transfer partner list (BA/United/Finnair/Aeroplan/Etihad/Thai/AirAsia/Air India/JAL/IHG/Wyndham), 0% forex Diamond tier, Sep-2026 launch checked 21 Jul 2026
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