Equitas Bank PowerMiles Credit Card
Premium metal travel credit card with 1:1 miles transfer and global lounge access.
Overview
The Equitas Bank PowerMiles Credit Card is a premium metal travel card designed for frequent flyers and international spenders. It offers global lounge access, low forex markup of 2%, 3X international rewards, and 1:1 miles transfer to airline and hotel partners effective July 1, 2026. With luxury memberships like Club Marriott and EazyDiner, ₹1 Crore air accident cover, and concierge services, it positions itself as a strong mid-premium travel alternative.
Features & Benefits
Joining & Renewal Benefits
First year annual fee waived on spending ₹1,20,000 within first 90 days.
Annual fee waived if annual spending exceeds ₹4,80,000 in previous anniversary year.
Cashback & Rewards
- • 3 Reward Points per ₹100 on all spends
- • 3X rewards on international transactions
- • 1:1 miles transfer to 10+ airline & hotel partners (from July 1, 2026)
- • 2 domestic lounge visits per quarter
- • 1 international lounge visit per quarter
Reward Points can be redeemed via the Equitas Xchange portal for flights, hotels, vouchers and merchandise. From July 1, 2026, points can be converted to airline and hotel partners at a 1:1 ratio (1 Reward Point = 1 Mile).
Lifestyle Benefits
- • Premium metal card form factor
- • 2 domestic lounge visits per calendar quarter
- • 1 international lounge visit per calendar quarter
- • Club Marriott membership with up to 25% benefits
- • EazyDiner membership with 25–50% dining savings
- • ₹1 Crore air accident cover
- • Zero lost card liability
- • 24/7 global concierge services
1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 with maximum waiver of ₹450 per statement cycle.
2% forex markup on international transactions.
Fees & Charges
- • 1:1 airline miles transfer (from July 2026)
- • Low 2% forex markup
- • International lounge access
- • Premium metal design
- • Luxury memberships included
- • ₹1 Crore insurance cover
- • High annual fee
- • High renewal spend requirement (₹4.8L)
- • Not ideal for low spenders