Niyo Vs Fi Money Card - Which Will Win Your Wallet?
Niyo Vs Fi Money Forex Cards: Which One Will Win Your Wallet?
[playht_player width=“100%” height=“90px” voice=“Noah”]Are you searching for the most significant difference between Fi Money Card and Niyo Global Card? Are there similar features between them forcing you to get clarification about what to choose?
Are you having jumbled thoughts?
Travelling is fun if you have the best set of things to make it easier, like the right Forex card. These days choosing the appropriate one can be time-consuming if you are sitting with a handful of names and are in a fix while comparing their pros and cons.
To simplify the process, we have already figured out the two popular cards, and while you read them till last, you will be able to conclude which one is best.
Fi Money Card
Fi Money Card, founded in 2019, provides all the banking privileges Federal Bank offers. It is a digitised Visa Platinum debit card with an interest rate of 2.40% for less than five crores. It provides free RTGS and NEFT transfers.
You get this card while opening a FI savings account. Only working professionals can open the account; students and non-salaried people are eliminated here.
Features of Fi Forex Card
1. Minimum Balance: Fi Forex account does not have a limit or require a deposit amount to open an account. You can open it with zero opening balance. In addition, there is no restriction on maintaining any minimum average monthly balance.2. Type of Transactions: It offers you the ability to do online and contactless transactions hassle-free. It always provides free RTGS, NEFT, UPI and IMPS transfers. 3.Globally Acceptance: Fi forex card is accepted worldwide. It has the facility of global acceptance wherever Visa is accepted.4. Digital Card: Fi Money account holders can choose between a digital and a physical card. After completing the KYC process, you get a virtual debit card. You can only use it for online transactions within India. 5. Spend Limit: FI Bank’s Forex Card allows you to spend an amount of maximum of ₹3 lakhs on your daily shopping, and the daily cash withdrawal limit is ₹50,000. 6. Eligibility only for working professionals: The sad part is you can only open this account with a working portfolio. The only other option is to prov Features of Fi Forex Card you earn more than five lakhs.
Niyo Global Card
Niyo Global is a debit card with zero balance savings account providing 7.5% per cent interest. You need only three things to apply for this card: PAN, Aadhaar Card and passport. Its mobile application ensures that your transaction goes smoothly. It can help you locate the nearest ATM with a currency converter. It provides Systematic Investment Plans (SIPs) starting at just ₹100 and direct mutual fund investments with zero commission.
Features of the Niyo Global Card
1. No opening fees:
There are no opening charges; you pay nothing for the Niyo Global card. It is free of cost.
2. Worldwide acceptance:
This card is accepted globally in 150+ countries and 130+ currencies.
3. Forex conversion charge:
Generally, every card charges forex conversion charges, but the Niyo Card has zero forex conversion charges.
4. Lounge access:
With this card, be ready to get free lounge access at the airports—no need to roam around or starve while you are waiting for your flight. Spend time at airport lounges for free.
5. Block and unlock:
Niyo Global card offers the facility of blocking and unblocking their cards in case you lose them or get stolen or damaged. You can do it through the app available on the Play Store.
6. Live chat support:
A live chat feature is available 24X7 inside the app, no matter where you are. To add more evidence, let us look at the Fi VS Niyo travel card.
Fi VS Niyo Global Card
| Basis of Difference | Fi Money Card | Niyo Global Card |
| Cross Currency Charges | fff;">2.5% | <td style=“background-color:|
| Card Issuance Charges | <td style=“background-color:||
| Replacement Fees | <td style=“background-color:||
| ATM Withdrawal Fees | <td style=“background-color:
Wrapping up
A list of facts has proved the benefits of the Niyo Global Card and the FI Money Card. Choose it to avail yourself of 24X7 customer support, secured transactions, ease of use, load up to 130+ currencies in 150+ countries, zero forex charges and much more with the Niyo Global Card. The Fi V/s Niyo card table shows their differences, so you may choose a card more suited to your lifestyle. In conclusion, reflecting on certain characteristics that may be suited for travelling can give you the best internationally relevant experience—understanding that Fi vs Niyo is a general difference and that each card has a range of strengths and weaknesses.
Frequently Asked Questions
- Which card has the least charges between Niyo Vs Fi?
Between the Fi v/s Niyo, Niyo may have lesser charges than the Fi Forex charges.
- Between the Fi v/s Niyo, Niyo may have lesser charges than the Fi Forex charges.
You can set up a tour Niyo Global card through the Niyo app, and it is super easy to set up with just a click of a button.
- Does Fi Bank need a minimum balance to maintain an account?
Fi Bank does not need a minimum balance to maintain an account. You can open it with a zero opening balance.
- Who can use the Fi Forex card?
Unlike the Niyo Global card, which any individual can use, the Fi Bank Forex card can only be used by working individuals.
