Selfe Credit Card – Apply Online for Interest Free & 5X Reward Benefits

Equitas uses a rewards portal called Xchange (xchange.equitasbank.com) for redeeming reward points.

You can redeem for products, vouchers, flight / hotel booking, etc. The card’s Terms & Conditions / MITC specifies the catalogue, valuation, and conditions for redemption.

The exact value per point / the minimum points required / where you can redeem depends on which card you have and which redemption option (product, voucher, travel) you select.

Visit the Equitas Bank Website’s Credit Cards section.

Choose the variant (TIGA, SELFE or PowerMiles) and click “Apply Now.” Or by giving missed call 1800 103 2977

You will be asked to provide KYC, identity, address, income proofs, etc., to complete an online / offline application form. (Standard card application flow implied)

The bank will verify your eligibility and documents and, if approved, dispatch the card. (You may also need to activate it with first transaction or PIN setup)

The application flow and decisioning may be instantaneous or take some time depending on internal checks.

Here are the main benefits per card, plus general advantages:

TIGA Card Benefits

• 3× rewards on UPI, contactless payments, and on Pay-by-3 merchant spends

• “Pay by 3” — eligible transactions with select merchants can be auto converted into a 3-month low cost

EMI

• Up to 50 days of interest-free credit period for regular purchases

• Fuel surcharge waiver: 1% waiver on fuel transactions (within certain transaction bands)

• Insurance / protection covers: air accident, credit shield, lost card liability etc. (for primary cardholder)

SELFE Card Benefits

• Choice of 2 memberships (Amazon Prime, Jio/Hotstar, Zee5, Sony LIV, etc.) as part of your benefits. Choice of 2 reward categories out of five (Apparel, Dining, Grocery, Utility, Taxi) where you’ll earn 5× points

• Standard rewards on all other spends

• Up to 50 days interest-free credit on regular purchases

• Fuel surcharge waiver, insurance covers, and domestic lounge (1 per quarter) benefit for SELFE

PowerMiles Card Benefits

• Premium metal card, luxury memberships (Club Marriott, EazyDiner) included

• Lounge access (domestic + international) depending on card rules

• 3× rewards on international spends, plus ability to convert points to airline / hotel miles

• Fuel surcharge waiver, detection and Xchange program redemption options.

General Advantages

• Flexibility of interest-free credit period (if you pay full within due date)

• Rewards / points for your everyday spending

• Perks like fuel surcharge waiver, insurance, lounge access (for premium)

• Ability to convert large purchases into EMIs (for TIGA)

• Multiple redemption options via Equitas’s rewards portal

Yes, the Equitas “Most Important Terms & Conditions (MITC)” document lists several fees, and redemption governed by reward programme rules.

Key points:

• Joining / Annual Fees

 • TIGA: ₹500 (joining) + ₹500 (annual)

 • SELFE: ₹1,000 joining + ₹1,000 annual

 • PowerMiles: ₹5,000 joining + ₹5,000 annual

• Cash Advance / ATM Withdrawal Charges

 2.5% of the amount withdrawn (or ₹250, whichever is higher). Also, finance charges apply from day of withdrawal till full repayment.

• Other Charges / Fees

 • The bank may levy other charges (late payment, over limit, return of payment, etc.) as per the Schedule of Charges in the Card Agreement / MITC.

•  • Redemption handling / administrative charges (if any) would be specified in the rewards programme terms (the MITC / catalogue) — it is possible that some redemptions may carry a small fee or conversion cost. (I didn’t find a publicly explicit “redemption fee” in the MITC I reviewed, so you will need to check the latest catalogue or rewards terms)

• Waiver of Annual Fee

• TIGA: The annual fee may be waived if you spend a certain threshold in the anniversary year (as per terms)

• SELFE: Similarly, waiver if you cross a spending threshold (e.g., ₹2,00,000) in the year.

• PowerMiles: Waiver available if you spend a defined amount (e.g. ₹4,80,000) in the anniversary year.

So yes — while redemption may not always incur a direct separate fee (depending on the option), there are various fees built into the cards’ terms, and you must see the “Schedule of Charges / rewards programme” for your card variant.

Register a complaint through the following ways:-

Selfe loan app

Customer care helpline number 1800 103 2977

Write to customerservice@equitas.bank.in from your registered mail id

You can also lodge a complaint at RBI’s Sachet Portal