Equitas Bank Selfe Credit Card

The Equitas Bank Selfe Credit Card is best suited for individuals who want a flexible and rewarding shopping experience. With an annual fee of ₹1,000(+ GST), it offers 2X reward points on regular spending and 5X points on select categories like dining, groceries, and apparel. Cardholders can also enjoy two complimentary subscriptions from popular streaming platforms like Amazon Prime and JioHotstar. Users earning between ₹5 lakh and ₹18 lakh annually are eligible to apply. With the option to choose a billing cycle and payment network, this card provides added convenience. While it lacks travel and lounge benefits, it remains a great choice for everyday spenders.

Product Details

• Users earning between ₹5 lakh and ₹18 lakh annually are eligible to apply.
• The card offers 2X reward points on general spending and 5X points on select categories.
• The Equitas Selfe Credit Card allows users to choose their card variant in terms of style and payment network.

Annual Fees and Other Charges

The Equitas Selfe Credit Card has an annual fee of ₹1,180 (including taxes). However, it allows users to choose two out of five options for complimentary subscriptions to top platforms like Amazon Prime, Zee5, Sony Liv, Reader’s Digest, and JioHotstar. The card’s annual fee can be waived if the cardholder spends ₹2 lakh in a year.

Choose Your Card

The Equitas Selfe Credit Card comes in three different style variations, allowing users to choose a card that best fits their personality. The variations include

• The classic blue plastic credit card with a sleek and minimalist design.
• The recycled green plastic credit card, which is Eco-friendly, reduces the use of plastic.
• The Metal Card gives you a premium feeling.

Based on your choice of card, there is an additional value-added charge associated with it.

For example, acquiring the Equitas Selfe Metal Credit Card requires a joining fee of ₹1,000 and a card-style charge of ₹3,500 (plus taxes). Additionally, the Selfe Metal Add-on card comes with a fee of ₹3,500 as well. 

Reward Structure with the Equitas Bank Selfe Credit Card

The card provides two reward points for every ₹100 spent and offers an enhanced reward rate of 5X on specific categories. Cardholders can select two out of five categories to earn 5X points, which include apparel, dining, grocery, taxi, and utility. However, no reward points will be awarded on transactions such as rent, wallet reloads, EMIs, fuel, cash advances, government-related payments, and education fees.

To redeem points, you must have a minimum of 500 reward points. Reward points are valid for only two years from the accumulation date. For grocery and utility transactions, the monthly cap is 2000 reward points per category, whereas for insurance transactions, the daily cap is 2000 reward points. The table below gives the value of reward points against specific redemption categories.

Choose your Billing Cycle and Payment Network

Customers can choose from four billing cycle dates, making it more convenient for salaried employees. Available options include the 12th, 16th, or 20th of each month. Moreover, the card enables users to select their preferred payment network between Visa and RuPay for easier transactions.

Bottom Line

The Equitas Bank Selfe Credit Card is a solid choice for those who often spend on shopping and entertainment. With 2X reward points on general spending and 5X points on select categories, it offers decent value. The option to choose two complimentary memberships from platforms like Amazon Prime and JioHotstar adds extra benefits. Users can also select their billing cycle and payment network for convenience. However, it lacks travel perks, lounge access, and dining benefits. If you spend ₹2 lakh annually, the fee is waived, making it a budget-friendly option for regular shoppers looking for flexible rewards.