How does Niyo Global Credit card work?
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I travelled last year to Dubai and used the Niyo Global Debit card. Since then it seems that due to government regulations, debit card is not operational and they are telling me to get credit card.
I need to know how this Niyo CREDIT card works.
My dad is planning to go to Dubai through a tour and I want to give him my card for this.
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Anyone?
Apply for a Niyo Equitas Account for your father. You will get a Zero Forex Debit Card.
Niyo partnered with SBM bank to launch the Zero Forex Debit Card.
Since there was some RBI regulation issues with SBM, they started issuing Niyo-SBM credit cards instead of debit cards.
Now they have partnered with Equitas SFB to launch Zero Forex Debit Card again.
Ok. These seem to have some charges right? I want to make sure I select the right card. I under the SBM one requires us to have FD against it and max upto FD limit is the transaction allowed.
But we have to pay bill like regular card as it is not taken from FD.
So I totally get what you're saying about the Niyo Global Debit card not working due to those pesky government rules. But no worries, they've got your back with the Niyo Global Credit card! This bad boy works just like a regular credit card, allowing you to make purchases and stuff, but with the added bonus of being super handy for all your international travels. It's pretty sweet, I gotta say!
Slightly offtopic - heard that they are accepting INR (that is , no forex charges) now. If so you can give any international credit card.