Maximise your savings
Save up to 5% forex with every international transaction. With a zero forex markup card, the more you spend, the more you save!
Save up to 5%
|
1 day delivery*
Zero forex cards for
your needs across
the globe
Skip the 3-5% forex markup fee on all International
transactions across 180+ countries
Get Your Card
transactions across 180+ countries
Cards issued by
It works every time, everywhere
From shopping to booking stays, used by 1 million+ travellers worldwide
Paying at stores?
Save up to 5% in forex fees on each swipe with your zero forex markup card
Need cash?
Seamlessly withdraw local currency at ATMs abroad using a forex card with zero markup
International e-com shopping?
Save up to 5% on all international online transactions with your Niyo card
Find your perfect card fit
Crafted to fit seamlessly into your lifestyle for effortless spending, everywhere across the globe
DCB Niyo Debit Card
Niyo SBM Credit Card
Niyo SBM Debit CardDCB Niyo Debit Card
Niyo SBM Credit Card
Niyo SBM Debit Card
International transactions
ZERO forex markup*
Lounge access abroad#
TCS Limit
No TCS up to ₹10 lakh
NO TCS on unlimited transactions
No TCS up to ₹10 lakh
Rewards Program (Niyo Coins)
Refer & Earn + Niyo Pay UPI
Refer & Earn + Domestic card spends
Refer & Earn + Niyo Pay UPI
Interest rate p.a. up to
Up to 7.25% on savings balance
Up to 6.5% on linked fixed deposits
Up to 7.5% on savings balance
Joining fee
Nil
Nil
Nil
Card issuance charges
Nil
Nil
Nil
Annual maintenance charges
₹499 + GST waived off on an AMB of ₹5000
Nil
₹423 + GST waived on AMB of ₹5,000 (savings a/c or FD) in the 3 months before your account anniversary, w.e.f. 1st July 2025^
ATM withdrawal charges (international)
₹425 + GST
₹423 + GST or 2.5% of the transaction amount, whichever is higher and 0% interest
₹423 + GST
Card Delivery in 3-5 days
*VISA exchange rates apply.
#With quarterly international spends of ₹50K. ATM withdrawals do not qualify.
^Fixed deposits linked to Niyo SBM Credit Card qualify.
AQB: Average Quarterly Balance
AMB: Average Monthly Balance
TCS: Tax Collected at Source
Your card, your control
Easily manage your card with complete control through the app, from adjusting settings to monitoring transactions.
Always know the card status
Stay informed and in control of your card usage settings.
Resolve transactions in 1-tap
Quickly address and resolve payment issues with just a single tap.
Manage card usage easily
Take full control of your card's usage and limits for all transactions.
Immediately fix card health
Always have an eye on your card status and resolve them with a single tap
TCS Limit Tracker
Monitor your Tax Collected at Source (TCS) usage to stay compliant and avoid surprises.
1 million+ happy travellers
4.8 
(29k reviews)
4.6
(20k reviews)
Zero forex markup and lounge access made my travel stress-free. From Vietnam to Malaysia, Niyo made payments and ATM withdrawals super convenient.
I used Niyo across Dubai, Japan, and Bali. The smooth app, zero forex charges, and reliable ATM access made it my go-to travel companion.
Used it for everything—from POS to online bookings across Southeast Asia. Niyo made traveling cashless and saved me real money on conversion fees.
From Europe to Singapore, Niyo was smooth and reliable. Everything worked—from lounge access to POS, but skip the DCB variant.
Used Niyo in Europe and the Middle East. The app’s smooth UI and zero forex fees gave me total peace of mind while transacting abroad.
My Singapore, USA and Uzbekistan trips were so easy thanks to Niyo! Real-time spending alerts and seamless payments made it a must-have travel essential.
Used it all over Europe and the UK for POS and online bookings. It worked smoothly and saved me a ton on fees.
Booking flights, withdrawing cash, dining—Niyo handled it all. The seamless transactions and cost savings were better than any other card I’ve used.
From POS payments in UAE to shopping in Vietnam, Niyo offered unmatched ease. Great exchange rates, zero forex markup, and app support made it seamless.
Niyo made every trip easier—from Singapore MRT rides to visa bookings. Zero markup and instant notifications gave me full control of my expenses.
Convenience + Safety
Your money is safe
Up to ₹5L per bank per user is insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC, a wholly owned subsidiary of the RBI).
Do a trial transaction
Feel confident using the Niyo zero forex markup card while travelling abroad by trying it in India.
24/7 support
Use the in-app chat support to get real-time assistance, no matter the hour or time zone.
Certification & compliances
ISO 27001•
NPCI Approved•
ISO 20022Frequently Asked Questions
A zero forex card, also known as a zero forex markup card, is an international debit or credit card designed for international travellers and students. Unlike traditional credit or debit cards that often impose forex card charges or currency conversion fees, a zero forex card eliminates these charges, offering users the benefit of zero forex markup.
The Niyo zero forex markup card is a travel-friendly card that lets you spend in foreign currencies without any additional forex markup fees—charges that traditional cards often apply (usually up to 5%) on international transactions. With this card, you get real-time exchange rates and can use it globally for payments or ATM withdrawals. It’s linked to your account, and the amount is deducted in INR based on the live exchange rate, making it cost-effective for international travel, shopping, or studying abroad.
So, if you’re looking for a hassle-free way to handle foreign currency transactions, consider applying for a zero-forex card like the Niyo Debit Card or Niyo Credit Card today. Explore the benefits of the Niyo zero forex markup card and app below, and maximise your international savings.
- ZERO forex markup* on international transactions
- Free lounge access abroad on quarterly international spends of ₹50K#
- Load in INR use in 130+ currencies across 180+ countries
- Earn interest on savings balance and linked FDs
- 3 Free ATM withdrawals abroad per quarter#
- Surcharge-free ATM Locator
- Currency Converter for live exchange rates
- Card delivery in 3-5 days
- 24/7 in-app live chat support
- ZERO convenience fees on flight bookings#
- ZERO service fees on visa applications#
- Competitive rates on travel insurance
- Send money abroad for education-related expenses
- Forex cash delivery
*VISA exchange rates apply | #T&C apply
Yes, the Niyo cards can both be used for international ATM withdrawals. With three free ATM withdrawals per quarter, you can access local currency abroad without hefty charges, making this a practical travel companion.
Applying for a forex card with zero markup provides a convenient and cost-effective solution for managing international transactions, with the added advantage of no forex markup fees. The zero forex markup debit card makes iATM withdrawals easy and cost-effective.
Absolutely! Niyo zero forex markup card users enjoy complimentary international lounge access once per quarter upon spending ₹50,000 or more overseas. This benefit is part of Niyo’s commitment to providing premium travel features.
Additionally, starting 1st April 2024, you can enjoy one complimentary Lounge Pass outside India per quarter. When you spend ₹50,000 abroad (online & card swipes) in a calendar quarter using a single Niyo card. Now, enjoy access to over 1,300 airport lounges outside India.
You can apply for a Niyo zero markup forex card directly through the Niyo app. Complete your Know Your Customer (KYC) verification using Aadhaar, PAN, and passport, and you’ll receive your zero forex card within 3–5 working days. You can set the PIN for your zero-forex-markup Niyo SBM Credit Card using the Niyo app.
- Click on “Credit Card” (bottom of the screen).
- Click on the Niyo credit card icon.
- Click on “Set PIN”.
- Follow the on-screen steps.
The Niyo zero forex card is ideal for international e-commerce. Whether you’re booking hotels, shopping globally, or paying tuition fees, you enjoy seamless payments with zero forex markup, making every transaction more affordable.
Niyo does not charge any additional fees, you pay the exact VISA exchange rate while transacting in a foreign currency. There are daily limits subject to regulations. However, you can load any amount to spend throughout the financial year.
Note: Spends above ₹7 lakh attract TCS (Tax Collected at Source) as per the latest regulations.
Niyo offers zero joining fees on all cards. Annual maintenance fees are either nil or waived based on average balances. Here’s a quick breakdown:
- DCB Niyo Debit Card: The Annual Maintenance Charge of ₹499 + GST is waived on an Average Quarterly Balance of ₹5,000 or more.
- Niyo SBM Credit Card: There is absolutely no Annual Maintenance Charge.
- Niyo SBM Debit Card: Starting 1st July 2025, the Annual Maintenance Charge of ₹423 + GST is waived on an Average Monthly Balance of ₹5,000 or more (in savings account or fixed deposits) for 3 months before your account anniversary.
Adding money is simple via UPI or bank transfer using the Niyo app. Once funds are added, your zero-forex card can be used instantly for international purchases without foreign exchange conversion fees.
Niyo zero forex card offers cost savings, real-time exchange rates, ATM access, and exclusive perks, including lounge access and travel insurance deals. With zero forex markup and 24/7 app support, it’s a secure and smart choice for international travellers.
Niyo Coins are a digital rewards currency offered through the Niyo app, designed to make your banking experience more rewarding. Each Niyo Coin is equivalent to 10 Indian Paise, though this rupee value is subject to the terms of the Niyo Coins Rewards Programme and may fluctuate.
- Earning Niyo Coins: You can accumulate Niyo Coins through various activities:
- Domestic Merchant Payments: Use Niyo Pay UPI for your everyday domestic merchant transactions.
- Domestic Credit Card Transactions: Make domestic transactions with your Niyo SBM Credit Card.
- Referrals: Refer friends to Niyo.
- International ATM Withdrawals: Fees up to ₹1,500 for ATM withdrawals abroad are reversed in Niyo Coins each quarter.
- Visa Bookings: Earn Niyo Coins when you make Visa bookings directly on the Niyo app.
- Redeeming Niyo Coins: Niyo Coins can be redeemed to save on your travel and other bookings:
- Flight Bookings: Use your Niyo Coins on domestic and international flight bookings made via the Niyo app.
- Visa Bookings: Redeem your Niyo Coins when making Visa bookings through the Niyo app. Validity: Each Niyo Coin is valid for 12 months from the date of issuance. For example, if you earn 1,000 Niyo Coins on April 1, 2025, they will expire on March 31, 2026. We are continuously expanding the ways you can earn and redeem Niyo Coins to provide you with even more value. We encourage you to explore the Niyo Coins section within your Niyo app for the latest updates and offers.
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