Yes Bank Forex Card vs Niyo Global Card

In the world of digital money nothing can stop you to open your wings to fly nationally and internationally! The first forex card is as old as two and a half decades, I am sure it amazed you! Centrum Group came with the offer and decided to start with Axis Bank and Yes Bank for the issuance of the forex cards. Before going ahead, you should be aware that Forex cards are made to save your savings as they add specialized services without any foreign exchange markup charge whenever you purchase using the card’s loaded currency. During vacation shopping is the biggest temptation to resist and these cards act like a savior!

With the rows of new cards every now and then Niyo Global Card seem to turn the game into a fantastic and unbeatable one. 

 In this blog you will be able to understand why we consider Niyo Global Card to be better than Yes Bank Forex Card.

All about Yes Bank forex card

Yes Bank Forex Card is a prepaid card used to make payments while traveling abroad. It is issued by Yes Bank and can make payments in any foreign currency. Merchant establishments, ATMs, and online stores accept the card. It is a safe and convenient way to make payments while traveling abroad.

Features of Yes Bank Forex Card:

1. Easy to use and convenient: The card is easy to use and can be used to make payments in any foreign currency.
2. Secure: Protect the card with a PIN and other security features.
3. Hassle-free: No need to worry about carrying cash while traveling abroad.
4. Affordable: The card is affordable and charges very low transaction fees. 
5. Multi-currency: The card can make payments in multiple foreign currencies.
6. Access to funds: The card provides access to funds while traveling abroad.
7. Cash withdrawal: Withdraw cash from ATMs with it.
8. Online transactions: You can use the card to make online transactions.
9. Reward points: The card offers reward points on transactions.

Comparison: Yes Bank Forex Card Vs Niyo Global Card

How do Yes Bank travel money forex card login?

Yes Bank travel money Forex card login can be done by visiting the official website of Yes Bank and clicking on the ‘Login’ button. Then, you will need to enter your card details and click on the ‘Login’ button to access your account. You may also be required to enter a One-Time Password (OTP) for authentication. After getting authentication, you can access your account and manage your travel money, Forex Card.

Yes Bank Forex Card charges for conversion

Yes Bank Forex Card charges a currency conversion fee of up to 2.5% for all currency conversions. Yes Bank currency conversion charges are on the higher side.

Pros and cons of Yes Bank forex card

Pros:

1.. Secure: Your funds are safe on the Yes Bank Forex Card, protected by a secure PIN and come with Zero Liability Protection in case of any unauthorized transaction.

2. Flexible: You can use the Yes Bank Forex Card to make payments in multiple currencies, as it supports up to 22 currencies.

Cons:

1. Limited Accessibility: The Yes Bank Forex Card is only available in India and usable in selected countries.
2. Limited Support: Yes Bank provides limited customer support for its Forex Card, which can be a problem in times of need.
3. High-Interest Rates: Yes Bank Forex Card comes with relatively high-interest rates, which can make it an expensive option.

All about Niyo Forex Card 

Niyo Forex Card is a prepaid travel card.. The card helps travelers manage their foreign exchange and travel expenses more efficiently and securely. It gives users access to 100+ currencies, free ATM withdrawals at over 1 million ATMs worldwide, and free online transfers. It also allows users to manage their money and track their spending on the go. The card is accepted by millions of merchants worldwide, making it the perfect choice for travelers who need to pay in multiple currencies.

Features of Niyo Forex Card

1. Zero Cross-Currency Conversion Charges – Niyo Forex Card comes with no cross-currency conversion charges, helping you save on every foreign transaction you make.
2. Wide Acceptance – Niyo Forex Card is accepted at millions of merchant outlets and ATMs worldwide.
3. Real-Time Exchange Rates – Niyo Forex Card provides real-time exchange rates, so you always know what you’re paying for.
4. 24/7 Customer Support – Niyo Forex Card comes with 24/7 customer support, so you’re always just a call away from help.
5. Security and Safety – Niyo Forex Card is protected with a PIN and has multiple security features to keep your financial information safe.

How to do Niyo forex card login?

To apply for a Niyo Forex card, you can log in to your Niyo Forex Card by visiting their official website. Once you are on the homepage, click on the “Login” button at the extreme top right corner. Here enter your card number and password. Once you have entered your details, click the “Sign In” button to access your account.

Niyo forex Card currency conversion charges 

The currency conversion charges applicable on the Niyo Forex Card will depend on the currency you convert your funds into. Different currencies may have different conversion charges. Please check with your bank or card provider for the exact details.

Pros and cons of Niyo Forex Card

Pros: 

1. Niyo Forex Card offers competitive exchange rates and low fees.
2. Niyo Forex Card provides an easy way to manage multiple currencies and monitor real-time spending.
3. It offers multi-currency loading and money transfer features.
4. It provides access to over 200 countries and offers 24/7 customer support.
5. It is accepted at over 25 million locations worldwide.

Cons:

1. It does not offer additional rewards and benefits like other cards.

FAQ

Is Niyo Global trustworthy? 

Niyo Global is an established financial services provider that has been operating for over 8 years. They are a regulated financial institution member of the Reserve Bank of India with various services, including digital banking, investment options, and more. Many users trust this company by many users, and it has received positive reviews from multiple sources.

Which foreign travel card is best? 

Niyo forex Card vs Yes bank Forex Card, the best foreign travel card, will depend on your individual needs and preferences. 

It depends on your purpose and usage. Niyo Forex Card and Yes Bank Forex Card have their benefits and drawbacks, so it is essential to compare them based on the features they offer and the fees they charge. Generally, Niyo offers competitive currency exchange rates and lower fees than Yes Bank. Niyo offers many features, such as multi-currency support, cash-back rewards, and easy reloading options. On the other hand, Yes Bank offers a more extensive network of ATMs and branches, as well as convenient features such as balance transfers and bill payments. Ultimately, the best way to decide which card is better for you is to compare the features and fees offered by both providers.

Conclusion

Niyo Forex Card and Yes Bank Forex Card offer convenient and secure methods to carry foreign currency abroad. These cards offer competitive rates, rewards, discounts and are accepted at major establishments worldwide.After measuring all the pros and cons, we have summed up that Niyo Forex Card has a few advantages over Yes Bank Forex Card, such as lower foreign currency conversion fees, dynamic currency conversion, and higher daily ATM withdrawal limits and in all regard Niyo Forex Card is a better choice for those looking for a secure and cost-effective way to carry foreign currency abroad. Travel with no financial worries with a Niyo Forex Card!