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Hi Niyozens, 

As per the RBI guidelines related to our partner bank SBM, your Global Debit card can no longer be used for international transactions till further notice. We sincerely regret the inconvenience. 

We understand that you are feeling down and unfortunately this situation is outside our influence. Nevertheless, our commitment to providing you with the promised services remains unchanged. We are actively working with the bank to find a solution as soon as possible and will keep you updated.

There is nothing to worry about, your money is absolutely safe. As you know, the Niyo Global SBM account is a full-fledged savings account with a Visa Signature Debit Card. All domestic transactions—UPI and ATM withdrawals will continue to work seamlessly.

For your zero-forex markup international transactions,  you can avail of our FD-backed Secured Credit Card—Global Credit Card!

Some of you have already received your credit cards, but if you are yet to order one, you can avail Global Credit Card with the smallest FD of ₹5,000. At the same time, you can enjoy a high FD interest of up to 7% per year while you spend and save with your Global Credit Card.

The Global Credit Card is even more exciting. Apart from the great benefits of zero forex markup, and upto 7% interest on your FD per annum, it needs no credit score check, and you can enjoy free international airport lounge access in India, and more!

Here is how the Global Credit Card fares in comparison with the Global Debit Card.

Here is a side by side comparison of the both:


Global Debit Card

Global Credit Card

Domestic payments



Zero forex markup* on international payments


POS, Tap & Pay, and

ATM Withdrawals (International)


International online payments


Interest rate

Upto 6.75% p.a. on savings account

Upto 7% p.a. on FDs

We hope this helps and hope to have your continued love and support!

Take care and always reach out for any help, we are here for you.


Team Niyo

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