Equitas Excite
MyRupaya Ratings
Product Details
Credit Card Name :
Equitas Excite
Bank Name :
Equitas Small Finance Bank
Type :
Lifestyle Credit Card
Interest Rate :
3.6% per month i.e. 43.2% annually
Eligibility :
Salaried: Age Min 21 yrs & Max 65 yrs;
Income : Net Monthly income 24000 and above
Self Employed: Age Min 21 yrs & Max 65 yrs;
Income : ITR => RS.6 lakhs Per Annum
Pros
Reward System: Earn 2 reward points for every INR 150/- spent on your credit card. 1 Reward Point = INR 0.2.). General cashback rate: 0.13%. Cardholders will get 3x reward points on spending on grocery, supermarket & departmental stores (Maximum 500 points per month). Grocery cashback rate: 0.39%. Get 3X reward points on utility bills, IRCTC & tax payments (Maximum 500 points per month). Utility cashback rate: 0.39%.
Milestone Benefit: 500 Bonus Rewards points on monthly spends of INR 20,000, and 2500 Bonus Rewards points on annual spends of INR 1,80,000.
Cons
No Welcome benefit is provided
No international/domestic airport lounge access facility is provided
Limited rewards and benefits
Very low cashback rate.
Pros & Cons
Welcome Benefits
None
Rewards System
Reward System: Earn 2 reward points for every INR 150/- spent on your credit card. 1 Reward Point = INR 0.2.). General cashback rate: 0.13%. Cardholders will get 3x reward points on spending on grocery, supermarket & departmental stores (Maximum 500 points per month). Grocery cashback rate: 0.39%. Get 3X reward points on utility bills, IRCTC & tax payments (Maximum 500 points per month). Utility cashback rate: 0.39%.
International Forex Markup
Foreign Currency Transactions Cross currency mark-up of 3.5%
Welcome Benefits and Reward System
Special Features
Reward System: Earn 2 reward points for every INR 150/- spent on your credit card. 1 Reward Point = INR 0.2.). General cashback rate: 0.13%. Cardholders will get 3x reward points on spending on grocery, supermarket & departmental stores (Maximum 500 points per month). Grocery cashback rate: 0.39%. Get 3X reward points on utility bills, IRCTC & tax payments (Maximum 500 points per month). Utility cashback rate: 0.39%.
Eligibility Criteria
Salaried: Age Min 21 yrs & Max 65 yrs;
Income : Net Monthly income 24000 and above
Self Employed: Age Min 21 yrs & Max 65 yrs;
Income : ITR => RS.6 lakhs Per Annum
Benefits
3X Reward Points on fuel and grocery spending
EMI conversion available
Milestone spending benefit available.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Visit the Equitas Small Finance Bank website and click on the "Apply for Credit Card" tab.
Select the Equitas Excite credit card and click on "Apply Now".
Fill out the online application form and submit it. You will need to provide the following information: Your personal details, such as your name, address, and contact number. Your employment details, such as your employer's name, designation, and salary. Your income and expenditure details. Your past credit history, if any.
You will also need to upload scanned copies of your documents, such as your PAN card, Aadhaar card, and latest salary slip.
Once your application is submitted, Equitas Small Finance Bank will review it and get back to you within a few days.
If your application is approved, you will be issued the Equitas Excite credit card within a few weeks.
Contact Details
e-mail ID: cs@equitasbank.com or
Contact the following number 044-42995000
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Reward System: Earn 2 reward points for every INR 150/- spent on your credit card. 1 Reward Point = INR 0.2.). General cashback rate: 0.13%. Cardholders will get 3x reward points on spending on grocery, supermarket & departmental stores (Maximum 500 points per month). Grocery cashback rate: 0.39%. Get 3X reward points on utility bills, IRCTC & tax payments (Maximum 500 points per month). Utility cashback rate: 0.39%.
Milestone Benefit: 500 Bonus Rewards points on monthly spends of INR 20,000, and 2500 Bonus Rewards points on annual spends of INR 1,80,000.
No Welcome benefit is provided
No international/domestic airport lounge access facility is provided
Limited rewards and benefits
Very low cashback rate.
Equitas Excite Equitas small finance Bank
One card with multiple benefits is here for you all – the HDFC Equitas Excite Credit Card. Unlock rewards with every spend, enjoy a 3x boost on fuel, groceries, and utilities. With up to 2 Lakhs credit limit, a 1% fuel surcharge waiver, and flexible shopping installments, it's the ultimate choice for Equitas Bank customers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining Fee-NIL,
Annual Fee-Lifetime Free
Cash Advance Charges 2.5% on amount withdrawn or Rs 500/- whichever is higher.
Interest Rates: 3.6% per month i.e. 43.2% annually
Late Payment Fees: Less than `100 = Nil `100 to `500 = 100/- `501 to `5,000 = 500/- `5,001 to `10,000 = 600/- `10,001 to `25,000 = 800/- `25,001 to `50,000 = 1100/- More than `50,000 = 1300/-
Foreign Currency Transactions Cross currency mark-up of 3.5%
Reward Redemption Fee Rs. 99 per redemption
Fuel Surcharge
Fuel Transaction Charge : 1% Surcharge on Fuel transaction value or Rs.10, whichever is higher. However, Fuel surcharge waiver of up to Rs.100 per month is available. (The Surcharge is applicable on minimum fuel transactions of Rs. 500 and maximum of Rs. 4,000.)
Billing Cycle
30 Days