Equitas launches Power Miles Credit Card

[sankar7000]

Equitas launches Power miles credit card

• Experience luxury with a metal card
• Experience premium memberships with Club Marriot & EazyDiner
• Experience International Benefits
• 2% Forex Markup
• 3X Rewards on International spends
• Complimentary lounge access at Domestic & International Airports
• 1: 1 Xchange
• Miles Transfer across 10+ airline & hotel partners
• Rewards Redemption across luxury brands- Apple, Taj, Tanishq, M&S, The Body Shop)

• Fee – Rs. 5,000
• Eligibility – Income of 18 L+

 

[akiratoriyama]

well we seem to be the first movers (without advantage for now). Would you know if they issue powermiles in Mastercard variant ? my RM says equitas has no Mc only Visa and Rupay for all their DC/CC

Nope, the PM card is only visa for now. Did you get a rupay option too? The debit cards are issued in mastercard though, mine is mastercard world elite variant.

 

[BhaiyaJi]

im still trying to figure how we get to diamond tier or any tier for that

You need to spend 1L per month in previous quarter to get diaond tier.

 

[Rithin]

Yeah, just hope their app is fully functional soon. Most of the things in the app are coming soon since an eternity lol. Btw did you do a payment on 8299 mcc and got rewards?

no i havent yet

 

[Rithin]

somewhere in the brochure it also says for Diamond tier forex charges will be 0. im still trying to figure how we get to diamond tier or any tier for that matter.

u have to spend 1 Lac in the previous quarter to reach diamond

 

[Rithin]

Nope, the PM card is only visa for now. Did you get a rupay option too? The debit cards are issued in mastercard though, mine is mastercard world elite variant.

world elite or world?

 

[BhaiyaJi]

u have to spend 1 Lac in the previous quarter to reach diamond

1 Lakh each month in previous quarter

 

[akiratoriyama]

world elite or world?

Ah, it's world. Got them both mixed up.

 

[Smashgrab]

It's very confusing. I was going to do an international transaction but the credit card guy told me 8299 (Education MCC) is not applicable for rewards for now anyways, so didn't risk. I am going to make an international transaction and see next month what it shows in the statement.

I checked with Equitas, and was clearly told education is a valid MCC for consumer cards, but not for business cards...

 

[akiratoriyama]

I checked with Equitas, and was clearly told education is a valid MCC for consumer cards, but not for business cards...

Wow. Lost out on 20k worth of reward points due to them sharing wrong information

 

[akash2401akash2401 is verified member.]

What is the time frame for card approval?
I applied on 5th july via branch. C2C with amex MRCC.

 

[akiratoriyama]

What is the time frame for card approval?
I applied on 5th july via branch. C2C with amex MRCC.

Took me 10 days despite having it pre-approved. I had to do offline application due to some error on their site.