Equitas Elegance Credit Card
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
Milestone Benefit: 1500 bonus rewards points on monthly spends of Rs 50,000, and 10000 bonus rewards points on annual spends of Rs 5,00,000.
Cashback Rate
Users will earn 2 reward points for every INR 150 spent on the credit card.
1 reward point = INR 0.20. General cashback rate: 0.13%.
Cardholders will get 5x reward points on spending on groceries, supermarkets & departmental stores (Maximum 1000 points per month). Grocery cashback rate: 0.67%.
5X reward points on utility bills, IRCTC & tax payments (Maximum 1000 points per month). Utility cashback rate: 0.67%.
Movie Benefits
Dining Benefits
Other Benefits
Lounge Access
Fees & Charges
Joining Fee
Nil.
Annual Fee
Lifetime Free
Cash Advance Fee
2.5% on amount withdrawn or Rs 500/- whichever is higher. �
Interest rate
3.6% per month i.e. 43.2% annually
Late Payment Fee
Late Payment Fees: Less than `100 = Nil `100 to `500 = 100/- `501 to `5,000 = 500/- `5,001 to `10,000 = 600/- `10,001 to `25,000 = 800/- `25,001 to `50,000 = 1100/- More than `50,000 = 1300/-
Foreign Currency Transactions Fee
Foreign Currency Transactions Cross currency mark-up of 3.5%
Other Fees
Cash Advance Charges 2.5% on amount withdrawn or Rs 500/- whichever is higher. | Reward Redemption Fee INR. 99 per redemption
Cons
No welcome benefits are provided.
No international airport lounge access facility provided.
Limited rewards and benefits.
Reward System: Users will earn 2 reward points for every INR 150 spent on the credit card. 1 reward point = INR 0.20. General cashback rate: 0.13%. Cardholders will get 5x reward points on spending on groceries, supermarkets & departmental stores (Maximum 1000 points per month). Grocery cashback rate: 0.67%. 5X reward points on utility bills, IRCTC & tax payments (Maximum 1000 points per month). Utility cashback rate: 0.67%.
Milestone Benefit: 1500 bonus rewards points on monthly spends of INR 50,000, and 10000 bonus rewards points on annual spends of INR 5,00,000.
Other Benefits: 8 complimentary domestic lounge access per year, 2 per quarter.
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
Salaried: Age Min 21 yrs & Max 65 yrs;
Income : Net Monthly income 24000 and above
Self Employed: Age Min 21 yrs & Max 65 yrs;
Income : ITR => Rs.10 lakhs per Annum
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Go to the Equitas Small Finance Bank website and click on the "Apply for Credit Card" tab.
Select the "Elegance Credit Card" and click on the "Apply Now" button.
You will be redirected to a new page where you will need to fill out an application form.
The application form will ask for your personal information, such as your name, address, and contact details.
You will also need to provide your income and employment details.
Once you have filled out the application form, you will need to upload a copy of your PAN card, Aadhaar card, and latest salary slip.
You will also need to provide a recent passport-size photograph.
Once you have submitted your application, Equitas Small Finance Bank will review it and get back to you within a few days.
If your application is approved, you will receive the card within 10-15 days.
Contact Details
e-mail ID: cs@equitasbank.com or
Contact the following number 044-42995000
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Reward System: Users will earn 2 reward points for every INR 150 spent on the credit card. 1 reward point = INR 0.20. General cashback rate: 0.13%. Cardholders will get 5x reward points on spending on groceries, supermarkets & departmental stores (Maximum 1000 points per month). Grocery cashback rate: 0.67%. 5X reward points on utility bills, IRCTC & tax payments (Maximum 1000 points per month). Utility cashback rate: 0.67%.
Milestone Benefit: 1500 bonus rewards points on monthly spends of INR 50,000, and 10000 bonus rewards points on annual spends of INR 5,00,000.
Other Benefits: 8 complimentary domestic lounge access per year, 2 per quarter.
No welcome benefits are provided.
No international airport lounge access facility provided.
Limited rewards and benefits.
Discover the HDFC Bank Equitas Elegance Credit Card: A fee-free option that rewards you generously. Earn 2 reward points for every Rs. 150 spent and enjoy remarkable 5x rewards on groceries and utility bills. Lounge access, fuel surcharge waiver, and bonus rewards for specific spending make it perfect for Equitas Bank customers seeking both value and convenience.
Discover the HDFC Bank Equitas Elegance Credit Card: A fee-free option that rewards you generously. Earn 2 reward points for every Rs. 150 spent and enjoy remarkable 5x rewards on groceries and utility bills. Lounge access, fuel surcharge waiver, and bonus rewards for specific spending make it perfect for Equitas Bank customers seeking both value and convenience.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
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Fuel Surcharge
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Billing Cycle
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