Niyo Global offers two zero forex markup debit cards in partnership with Equitas Small Finance Bank and DCB Bank. Niyo Global also offers a zero forex markup secured credit card in partnership with SBM Bank India. You can opt for any one card or multiple cards based on your needs. Below are the features for all the three cards.

All Our Niyo Global Cards

Things To Know
	Credit Card with SBM Bank	Debit Card with Equitas Bank	Debit Card with DCB Bank
Zero Forex	Zero forex* markup	Zero forex* markup	Zero forex* markup
Airport lounge	Free airport lounge access at international terminals in India	Free airport lounge access at international terminals in India	Free airport lounge access at international terminals in India
Tax Collected at Source (TCS)	Zero TCS on unlimited international spends	Pay Zero TCS for international spends up to 7 lakh	Pay Zero TCS for international spends up to 7 lakh
Card delivery	3 days in metro and upto 5 days in other cities	3 days in metro and upto 5 days in other cities	3 days in metro and upto 5 days in other cities
Account opening charges	Absolutely no charges	Absolutely no charges	Absolutely no charges
Card charges	No annual charge	An issuance fee of ₹234.82 (₹199 + GST) is applicable on debit card (refunded on first load of ₹1,000 or more)	(₹500 + GST) will be waived off on average quarterly balance of ₹5,000.
International ATM withdrawal charges	₹500 + GST or 2.5% of the transaction amount (whichever is higher)	₹499 per transaction (₹422.88 + 18% GST)	₹300 + GST
Zero balance account	No charges for not maintaining any balance in the account	No charges for not maintaining any balance in the account	No charges for not maintaining any balance in the account
Interest rate	Upto 7.25% p.a. on your FD linked to credit card	Upto 7.8% p.a. on your linked savings a/c	Upto 8% p.a. on your linked savings a/c
Acceptance	Load in INR and spend in 130+ currencies in 150+ countries	Load in INR and spend in 130+ currencies in 150+ countries	Load in INR and spend in 130+ currencies in 150+ countries
Daily fund transfer limit	–	₹10 lakh (₹5 lakh NEFT & IMPS each)	₹5 lakh (NEFT/IMPS)
Daily UPI limit	–	₹1 lakh	₹1 lakh

The Niyo Global international Debit and Credit Card with zero forex charges are designed to help Indian travellers transact in foreign currency conveniently and securely at no extra charges.

Usually, most leading banks and service providers add a fee of up to 5% for the convenience of making payments in a foreign currency. Niyo Global cards do not charge this fee and allow you to make transactions abroad at no extra cost and save up to 5% with each transaction abroad.&

Niyo Global cards are INR-based and built on an interest-earning digital savings account platform in partnership with SBM Bank India,  Equitas Small Finance BAnk and DCB Bank . The Niyo Global app linked to the digital bank account makes it easy to add money and track expenses, all in one place.

Niyo Global Secured Credit Card with zero forex markup makes it easy to put safety deposits for hotel and rental car bookings in India and abroad, increase the credit limit on the go, build a stronger credit score, and more. You can use the Niyo Global Credit Card to make unlimited international spends without paying any TCS (Tax Collected at Source). Use it as your primary credit card for maximum savings.

Niyo Global cards can be used to withdraw cash from ATMs  and make purchases at merchant outlets in foreign countries and online payments on international sites. You can use the Niyo Global Credit Card to withdraw cash from ATMs globally at a flat fee of ₹300 + GST and 0% interest.

• Zero Forex Markup Fees

The Niyo Global debit & credit card comes with zero forex markup fees, which means that customers can enjoy foreign currency exchange rates without any additional charges. This results in up to 5% savings on all foreign currency transactions.

• Hassle-Free  

Niyo Global debit and credit cards are convenient for making payments while travelling abroad. 

The cards convert the INR to local currency without any additional charges. They eliminate the need to carry cash and allow easy access to local currency through ATM withdrawals. Niyo Global cards take away the need for multi currency travel cards—just load them in INR and make seamless payments at merchant outlets globally. You can load in INR and transact in the currency of your current location abroad. Once you’re back in India, you can use your account balance for domestic POS/ECOM/ATM transactions and international ECOM. The Niyo Global international credit card also lets you increase the card limit on the go for easy deposits on hotel and rental car bookings, etc.

• Sense of Security

The Niyo Global cards support contactless payments, which makes them a safe and convenient way to transact in foreign countries. The fully-integrated Niyo Global app also comes with a lost card protection feature that allows you to block the card immediately in case of loss or theft, thus ensuring the safety of your funds loaded on the card. The app also allows you to temporarily lock/unlock the entire card, domestic and international transaction channels such as online transactions, card swipes, ATM withdrawals, and Tap & Pay. You can set/reset PIN, permanently block the card from the app in case your card is lost/stolen. 

• Wide Acceptance

The Niyo Global cards are widely accepted at over 36 million merchant outlets and 1 million ATMs worldwide, making them a convenient and better option for payments during international travel.

• High Acceptance Rate 

The Niyo Global cards are accepted in 150+ countries to make payments in 130+ currencies. In addition, it allows customers to load the card in INR, eliminating the need to carry multiple currency notes. 

• Easy Reloading

Another benefit of Niyo Global cards with zero markup fees is that they can be reloaded 24X7 easily online via UPI/IMPS/NEFT and the funds become available for use immediately. This is among the top travel card benefits of Niyo Global cards, especially if you are travelling abroad and falling short on funds in your card.

• 24×7 Customer Support

Your Niyo Global debit card and credit card benefits give you access to 24×7 in-app chat support. We’ll be here to help you with any issues you may face while using the card.

Niyo is a financial technology company offering various financial services to Indian customers. Some of the financial services offered by Niyo Global include:

• Digital savings account with international debit card in partnership with SBM Bank (India), Equitas Small Finance Bank, and DCB Bank
• International secured credit card in partnership with SBM Bank (India)
• Wealth management
• International travel planning
• Personal/Travel loans

All residents of India, above 18 years of age who hold a valid Indian passport are eligible to apply for a Niyo Global card.

Niyo Global offers debit/ credit cards in partnership with DCB Bank, Equitas Small Finance Bank, and SBM Bank (India).

The daily limit for transactions on a Niyo Global Zero Forex Markup Card varies depending on the type of transaction. Please check your Niyo Global app for more details. Tap on Hub > Rates & Limits.

You can add money to your Niyo Global Card in just a few simple steps:

• Log in to your Niyo Global app
• Click on “Add Money”
• Choose a payment method (UPI/Bank Transfer)
  • For UPI: Enter the amount you want to add and follow the instructions on your third-party UPI app to complete the transaction
  • For Bank Transfer: Add your Niyo Global account as a beneficiary in another NEFT/IMPS-compatible bank account and complete the transaction

Once the transaction is successful, the funds will be loaded to your Niyo Global Card and you will receive a confirmation message on your registered mobile number and email address. You can also check the updated balance on the Niyo Global app.