What is the annual fee on the PowerMiles?

The PowerMiles is ₹5,000 a year, waived on ₹4,80,000 of spend in a year.

How much does the PowerMiles earn?

Its best direct rate is 4.5% back at a conservative point value; the base rate is 1.5%. Each rule is read from Equitas Small Finance Bank's own page with the date.

What earns nothing on the PowerMiles?

Fuel, Rent, Wallet load, Government / tax, EMI - from the bank's own exclusion list.

Does the PowerMiles give lounge access?

PowerMiles: 8 domestic and 4 international lounge visits a year.

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Equitas Small Finance Bank · Premium

PowerMiles

Equitas Small Finance Bank Premium

PowerMiles Visa Infinite

Annual fee

₹5,000waived at ₹4,80,000/yr

Forex markup

Base earn

1.50%

Best direct earn

normal swipe, portal/voucher excluded

4.50%

Point value

per point, conservative

₹0.5

Lounge

2 domestic per quarter (max 8 a year) and 1 international per quarter (max 4 a year); unused visits may not carry forward; needs the card and a successful authorization transaction; no complimentary guest access

8 dom · 4 intl

Network

Visa Infinite

PowerMiles page: "Spend Rs. 4,80,000 in the previous anniversary year to get the renewal fee waived off"; network from the bank card-listing banner (Visa Infinite) equitas.bank.in · read 23 Oct 2026
PowerMiles T&C 2: "fuel, rent, wallet loads, government payments, cash advances, and EMI conversions shall not be eligible for earning Reward Points (RP), unless expressly communicated otherwise by the Bank" equitas.bank.in · read 23 Oct 2026

Every figure on this page traces to one of these. Nothing is inferred from a tracker.

Bank-confirmed. Reward figures verified against the issuer’s own website.
Card source: PowerMiles page: "Spend Rs. 4,80,000 in the previous anniversary year to get the renewal fee waived off"; network from the bank card-listing banner (Visa Infinite) - equitas.bank.in - read 23 Oct 2026.
No affiliate link on this card.

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Engine value - conservative, what rankings use

₹0.5/pt

1.50%

Bank travel portal

₹0.5/pt

1.50%

Vouchers / catalogue

₹0.5/pt

1.50%

Statement credit

₹0.25/pt

0.75%

Base tier. Privilege Program tiers raise vouchers and travel to Rs 0.75 and Rs 1.00 and cashback to Rs 0.35 and Rs 0.50 (spend based, not modelled). Rs 99 fee per redemption, minimum 500 points for cashback, points valid 3 years.

Points valued at ₹0.5/pt - conservative, what rankings use

9 pts / Rs 100 on international spend (3X of 3 pts)

abroad · 9 pts / ₹100

how it works

The bank pays triple rewards on international POS and online spend, credited on a best effort basis by merchant category. The 2% forex markup is charged on the same spend.

Source: PowerMiles page: "Earn triple the rewards on all international POS & online purchases"; FAQ: "you will earn 3X accelerated reward points on eligible international transactions, allowing you to earn rewards faster compared to domestic spends"; T&C 2: "Accelerated rewards (3X) on international spends"; MITC: "accelerated rewards points on a best effort basis for International POS transactions" - equitas.bank.in - read 23 Oct 2026

4.50%

Everything else

3 pts / ₹100

source

Source: PowerMiles page: "Spend Rs. 4,80,000 in the previous anniversary year to get the renewal fee waived off"; network from the bank card-listing banner (Visa Infinite) - equitas.bank.in - read 23 Oct 2026

1.50%

Percentages here are each rule's own rate. The card's single headline is the best of the direct rules only - selectable packs, capped-base rows and portal/voucher routes above are shown for completeness but never set it.

Fuel

Fuel earns no reward points (the bank lists no MCC codes for this exclusion).

source

categories: Fuel

Source: PowerMiles T&C 2: "fuel, rent, wallet loads, government payments, cash advances, and EMI conversions shall not be eligible for earning Reward Points (RP), unless expressly communicated otherwise by the Bank" - equitas.bank.in - read 23 Oct 2026

use IndianOil RBL XTra 7.5%

Rent

Rent earns no reward points.

source

categories: Rent

use Axis Burgundy Private 4.2%

Wallet load

Wallet loads earn no reward points.

source

categories: Wallet load

use SC Ultimate 3.3%

Government / tax

Government payments earn no reward points.

source

categories: Government / tax

use Biz Black Metal Edition 2.5%

EMI

EMI conversions earn no reward points.

source

categories: EMI

use Kotak Solitaire 3.0%

Club Marriott and EazyDiner memberships

on joining · claim on the Equitas Xchange portal within 90 days of card issuance, after activation

Source: PowerMiles T&C 3: Club Marriott Membership, EazyDiner Membership - equitas.bank.in - read 23 Oct 2026

Rent

Rent surcharge 1% capped at Rs 3,000 per transaction, plus taxes (MCC 6513)

Wallet load

Wallet loading fee 2.5% per transaction (MCC 6540), plus GST

2.5%

Bank terms we cannot price for you yet - they depend on something we do not know. Rankings leave them out.

Reward points to miles and hotel points transfer from Mar'27

The bank says points convert 1:1 (1 RP = 1 mile or point) to select airlines and hotels, a feature that goes live from March 2027. No partners are published yet, so transfers are not in our rates and the card has no transfer programme.

Source: PowerMiles page: "Convert your reward points at 1:1 ratio to select Airlines/Hotels (Feature to be available from Mar'27)" - equitas.bank.in - read 23 Oct 2026

1:1 vouchers on 5 luxury brands

The card page says points redeem 1:1 (1 point = Rs 1) on e-gift cards of Imagine Apple Premium, Tanishq, Taj Hotels, Marks & Spencer and The Body Shop. The T&C publishes Rs 0.50 per point for vouchers, so we rank at Rs 0.50 and show this as a ceiling.

Source: PowerMiles page: "Enjoy 1:1 burn rates on your accumulated Reward Points exclusively for these E Gift Card Vouchers of 5 Brands" - equitas.bank.in - read 23 Oct 2026

Joining fee reversal

The Rs 5,000 joining fee is reversed as cashback (excluding GST) in the next billing cycle if you spend Rs 1,20,000 within 90 days of card activation.

Source: PowerMiles T&C 5.1: "Joining fee will be reversed if customer spends 1.2 lacs within 90 days of card activation" - equitas.bank.in - read 23 Oct 2026

Club Marriott and EazyDiner memberships

Complimentary annual memberships, claimed within 90 days of card issuance after activation. Year 1 follows the joining fee or Rs 1,20,000 spend in the first 3 months; from year 2 it needs Rs 4,80,000 spend in the anniversary year.

Source: PowerMiles T&C 8: "Customers need to spend Rs.4,80,000 in an anniversary year to get 2nd year membership" - equitas.bank.in - read 23 Oct 2026

Privilege Program tiers

Spend-based quarterly tiers (Silver Rs 20,000 a month for 3 months up to Diamond Rs 1 lakh a month) lift voucher and travel value to Rs 0.75 and Rs 1.00, plus perks. Base PowerMiles forex stays 2%, 0% at Diamond.

Source: Privilege Program T&C (21 Oct 2026): "Forex Mark-up 2.0% 2.0% 2.0% 2.0% 0.0%" - equitas.bank.in - read 23 Oct 2026

Fuel surcharge waiver

1% waiver on fuel transactions between Rs 500 and Rs 3,000, maximum Rs 450 per billing cycle and Rs 5,400 a year. Fuel earns no points.

Source: PowerMiles T&C 4: "1% surcharge waiver applicable on transactions between ₹500 and ₹3,000. Maximum waiver: ₹450 per billing cycle ... ₹5,400 per annum" - equitas.bank.in - read 23 Oct 2026

Concierge

Complimentary concierge for golf, airport transfers, cakes and flowers and travel; the bookings themselves are chargeable. 9 am to 6 pm, Monday to Saturday.

Source: Concierge note: "Golf Booking, Airport Transfers, Cakes and Flowers, Travel - Hotels/Flights" - equitas.bank.in - read 23 Oct 2026