Equitas Tiga Credit Card
A low-fee Equitas card (₹500 a year under the MITC, offered lifetime free for a limited period) with 1 reward point per ₹100 and 3x on UPI, contactless and Pay by 3 merchants; points are worth ₹0.10 as cashback. Every figure below is copied from Equitas Small Finance Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Fees and charges
| Joining fee | ₹500 plus GST MITC |
|---|---|
| Annual fee | ₹500 plus GST MITC |
| Annual fee waiver | On ₹1,20,000 of spend in the year Product page |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | 3.5% of the transaction, plus GST MITC |
| The MITC fee is ₹500 + GST a year; the product and listing pages offer the card lifetime free for a limited period. The renewal fee is waived on ₹1.2 lakh of spend in the previous card year. | |
| Reward redemption fee | ₹99 plus GST Product page |
Rewards
Reward points, ₹0.10 each when redeemed as stated Product page.
| Spend | Earns | Cap |
|---|---|---|
| UPI payments on the card: 3x, 3 points per ₹100 | 3 points per ₹100 Product page | no cap on record |
| Other eligible spends: 1 point per ₹100 | 1 point per ₹100 Product page | no cap on record |
Points accrue on multiples of ₹100. Contactless payments and Pay by 3 merchants also earn 3x (not priced here). Grocery and utility points are capped at 2,000 a month each.
No rewards on
Benefits
- Lounges: none on record
- Fuel: 1% fuel surcharge waived on fills of ₹500 to ₹3,000, up to ₹100 a statement cycle Product page
Also on this card
Quoted from Equitas Small Finance Bank; not counted in the net value.
- 3x reward points on contactless payments and at Pay by 3 merchants Product page
- Pay by 3: spends at partner merchants (Tata CLiQ, Netmeds and others) become a 3-month EMI at no additional cost Product page
- Introductory interest rate of 0.99% a month for the first 3 months Product page
Eligibility
- Annual income of ₹4.2 lakh to ₹5 lakh Terms
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by Equitas Small Finance Bank in the documents read
- the card network (the card works on UPI, which needs RuPay, but Equitas does not name the network for Tiga)
- age criteria
Where Equitas Small Finance Bank’s documents differ, and what is used
- Fees: the MITC (v1.3) lists ₹500 joining and annual fees, while the Tiga page and the card listing offer it lifetime free for a limited period; CardWise uses the MITC fee.
The quotes behind the figures
23 figures, each copied from an official Equitas Small Finance Bank document.
Show every quote and source
“Tiga ₹ 500 ₹ 500 Tiga Secured”
“Spend Rs. 1,20,000 in the previous anniversary year to get your renewal fee waived.”
“Foreign Transaction Mark-up 3.50%^^”
“₹0.15 for travel/vouchers and ₹0.10 for cashback redemption.”
“Enjoy 3X rewards on transactions via UPI, Contactless & Pay by 3 merchants. Earn 1RP on every Rs.100 spent. 1 RP= 0.15”
“Tiga/Tiga Secured Card will also carry accelerated reward points on payments made using UPI, Contactless modes payments and Pay by 3 merchants”
“Earn 1 Reward Point for every Rs 100 spent on everyday transactions”
“Reward Points will be earned for transaction amounts in multiples of ₹100, residual amounts or transactions below ₹100 will not earn Reward Points.”
“Reward Points will also not accrue on transactions for Rent, Wallet Load, EMI, Fuel, Cash Advances, Government (on Consumer Retail Cards) and Education (on Business Retail Cards).”
“The fees may vary for each Cardmember, and from offer to offer.”
“Limited Period Offer: Get Your Life-time Free Tiga Card today Excluding GST.”
“Annual Fee: Life-time Free Eligibility Criteria: Annual Income of Rs.4.2L- Rs.5L”
“No, transactions such as fuel, rent, wallet loads, government payments, cash advances, and EMI conversions are excluded from earning reward points unless specified otherwise.”
“Reward Points earned on Grocery and Utility transactions will be capped at 2000 reward points per month for each category.”
“Yes, a minimum of 500 reward points is required for redeeming points as cashback against your card statement.”
“Pay by 3 Automatically convert transactions with select merchants* into a 3-month Low-cost EMI.”
“It comes with no additional cost from the customer”
“Yes, a redemption fee of ₹99 per transaction will be charged whenever reward points are redeemed.”
“Fuel Surcharge Waiver: Save more with a 1% waiver on fuel transactions across India (up to Rs. 100 per statement cycle on transactions between Rs. 500 and Rs. 3,000).”
“Pay by 3 Merchants List - Tata Cliq, Skull Candy, Tony & Guy, Tony & Guy Essentuals, 1% Club, Lectrix, Prashanthi Sarees, Netmeds, SLAM Fitness, Wedtree”
“Low interest rate of just 0.99% p.m. for the first 3 months*”
“Eligibility Criteria: Annual Income of Rs.4.2L- Rs.5L”
“Apply Now Refer & Earn”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with Equitas Small Finance Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is Equitas Small Finance Bank’s own file from its website, unaltered, fetched 2026-10-16. Methodology