What is the annual fee of the Equitas Selfe Credit Card?

Rs 1,000 a year, before GST. It is waived if you spend Rs 2,00,000 in a year.

Does the Equitas Selfe Credit Card give airport lounge access?

Yes. In India: 1 per calendar quarter. Outside India: none listed. Conditions: No spend condition stated on bank page

What is the forex markup on the Equitas Selfe Credit Card?

3.5% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the Equitas Selfe Credit Card?

No points on rent, wallet load, EMI, fuel, cash advances, government spends (MITC). Aggregators add education for PowerMiles.

M16S / Equitas Small Finance Bank / Equitas Selfe Credit Card

mid · rewards, upi

Equitas Selfe Credit Card

Equitas Small Finance BankRuPay · VisaLast checked 11 Oct 2026

The Equitas Selfe Credit Card costs Rs 1,000 a year, waived if you spend Rs 2,00,000 in a year. Its base return is 0.7% (2 RP per Rs 100). Accelerated earn: 5X (10 RP per Rs 100) on any 2 chosen categories out of Apparel, Dining, Grocery, Utility, Taxi. The forex markup is 3.5%. Lounge visits in India: 1 per calendar quarter. Read from the issuer's documents and an aggregator on 11 Oct 2026.

Annual fee: Rs 1,000+ GST
Fee waived at: Rs 2,00,000annual spend
Base return: 0.7%
Forex markup: 3.5%
Interest: 3.75%a month

Apply on equitas.bank.inOpens the bank’s own page.

What changed on this card

24 Nov 2025 CutEquitas Selfe ties its two chosen memberships to fees or spend milestones from Nov 2025
From 24 November 2025 the memberships on the Selfe card apply on payment of the joining or annual fee or on spend milestones of Rs 60,000 in the first 3 months for year 1 and Rs 2,40,000 a year from year 2. The previous MITC sent the membership voucher code after card approval. Source: Equitas Small Finance Bank, equitas.bank.in, read 28 Oct 2026

Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.

Fees

Joining fee	Rs 1,000
Annual fee	Rs 1,000
Annual spend that waives the feeunverified	Rs 2,00,000
Fee notes	MITC: Rs 1,000 joining, Rs 1,000 annual. Bank page: first year free (conditions apply); waiver on spend 'e.g. Rs 2,00,000' in the year. Paisabazaar and Cardexpert say Rs 2.4 lakh. Card style charges: green plastic Rs 250, metal Rs 3,500 (also replacement cost).

Rewards

Welcome benefitunverified	Choice of 2 memberships from Amazon Prime, JioHotstar, SonyLIV, Zee5, Discovery+ (Cardexpert: claimable a day after activation, 90 days validity)
Reward currency	Reward Points
Base earn	2 RP per Rs 100
Base returnunverified	0.7%
Point valueunverified	1 RP = Rs 0.35 products/vouchers/travel; Rs 0.15 cashback at base tier (aggregator figures)
Accelerated earn	5X (10 RP per Rs 100) on any 2 chosen categories out of Apparel, Dining, Grocery, Utility, Taxi
Caps	Grocery and utility points capped at 2,000 per month per category; insurance capped at 2,000 points per day (MITC).
Spends that earn nothing	No points on rent, wallet load, EMI, fuel, cash advances, government spends (MITC). Aggregators add education for PowerMiles.
Points expiry	2 years
Reward notes	base_return_pct = 2 RP per Rs 100 x Rs 0.35 = 0.7%; 5X categories 3.5% at base tier. Higher privilege tiers raise value per Cardexpert (Diamond: Rs 1 per RP at about Rs 1 lakh monthly spend for 3 months). Redemption fee Rs 99.

Travel and perks

Domestic lounge	1 per calendar quarter
Lounge conditions	No spend condition stated on bank page
Forex markup	3.5%
Fuel surcharge waiver	1% on fuel txns Rs 500-3,000; cap Rs 250/month, Rs 3,000/year
Other freebies	Choice of billing cycle (12th, 16th, 20th); card styles Regular, Green, Sleek Metal

Charges and eligibility

Interest per month	3.75%
Late payment fee	Nil below Rs 100; Rs 100 (101-500); Rs 500 (501-5,000); Rs 750 (5,001-10,000); Rs 900 (10,001-25,000); Rs 1,000 (25,001-50,000); Rs 1,200 above Rs 50,000
Cash advance fee	2.5% or Rs 250, whichever is higher; cash limit 40% of credit limit
Eligibility	Annual income Rs 5 lakh to Rs 18 lakh (bank page); aggregators: age 22-60, salaried
Fine-print notes	MITC v1.1: reward redemption fee Rs 99; min redemption 500 points; points nullified if card unused for 365 days; rent (MCC 6513) fee 1% capped Rs 3,000 per txn; wallet load (MCC 6540) fee 2.5%; over-limit 2.5% min Rs 550; payment return 2% min Rs 450; 3-day grace after due date. MITC says actual fees are conveyed at application. Privilege tiers (Blue to Diamond, based on 3 consecutive months of spend) raise point value per aggregators; tier details not read from a bank document. Grocery and utility are weak 5X picks because of the 2,000 points monthly cap.

Questions

What is the annual fee of the Equitas Selfe Credit Card?: Rs 1,000 a year, before GST. It is waived if you spend Rs 2,00,000 in a year.
Does the Equitas Selfe Credit Card give airport lounge access?: Yes. In India: 1 per calendar quarter. Outside India: none listed. Conditions: No spend condition stated on bank page
What is the forex markup on the Equitas Selfe Credit Card?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Equitas Selfe Credit Card?: No points on rent, wallet load, EMI, fuel, cash advances, government spends (MITC). Aggregators add education for PowerMiles.