"What is Niyo Forex Card with Zero Markup?"

"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.\nWith a zero forex card such as the Niyo Debit Card or Niyo Credit Card, travellers can apply for forex card services with the assurance of no additional fees on currency conversions. This means that when making purchases or transactions in foreign currencies, users can enjoy competitive exchange rates without incurring extra charges.\nApplying for a zero forex card provides a convenient and cost-effective solution for managing international transactions. Whether you\u0026rsquo;re travelling abroad or making purchases from international vendors, a zero forex card offers the convenience of a credit card with the added advantage of no forex markup fees and the zero forex markup debit card makes iATM withdrawals easy and cost-effective.\nSo, if you\u0026rsquo;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.\nEnjoy the benefits of Niyo zero forex markup card and app and maximise your international savings.\nZERO 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 Convertor 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\u0026amp;C apply\n"

"Can I get free lounge access with Niyo zero forex cards?"

"Starting 1st April 2024, enjoy one complimentary Lounge Pass outside India per quarter when you spend ₹50,000 abroad (online \u0026amp; card swipes) in a calendar quarter using a single Niyo card. Enjoy access to over 1,300 airport lounges outside India."

"Is Niyo zero forex markup card free?"

"Niyo doesn\u0026rsquo;t charge any card issuance fee; however, standard VISA exchange rates still apply to all international transactions. The Niyo zero forex markup card is an INR-based card that auto-converts the transaction amount into the local currency at the time of purchase. There\u0026rsquo;s no need to load different currencies."

"How can I get a Niyo Forex Card with zero markup in India?"

"You can apply for your Niyo zero forex markup card via the Niyo app.\nThe steps to open your digital savings account and subsequently get your zero forex markup card are as follows:\nDownload the Niyo app. Verify your PAN card, Aadhaar card, and Indian passport. Complete your KYC with a 3-minute video KYC call. Once the account opens, a virtual Niyo card is provided, which can be used for online transactions. You will receive the physical card within 3 to 5 days. "

"How do I load money on my Niyo Forex card with zero markup?"

"You can add money to your Niyo Card in just a few simple steps:\nLog in to your Niyo app. Click on “Add Money”. Choose a payment method (UPI/Bank Transfer). For UPI: Enter the amount you want to add and follow the instructions on your third-party UPI app to complete the transaction\nFor Bank Transfer: Add your Niyo account as a beneficiary in another NEFT/IMPS-compatible bank account and complete the transaction\nOnce the transaction is successful, the funds will be loaded to your Niyo card and you will receive a confirmation message on your registered mobile number and email address. You can also check the updated balance on the Niyo app.\n"

"What are the annual maintenance charges for cards offered by Niyo?"

" DCB Niyo Debit Card:\nThe Annual Maintenance Charge of ₹499 + GST is waived on an Average Quarterly Balance of ₹5,000 or more. Niyo SBM Credit Card:\nThere is absolutely no Annual Maintenance Charge. Niyo SBM Debit Card:\nStarting 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. "

"Can I transfer money from my Niyo account to another account after my trip?"

"Yes, you can transfer your money from Niyo to another bank account. Here’s how:\nClick “Debit Card” (bottom of the screen). Click “Transfers”, and select “Send Money”. Add details of the payee – account number, beneficiary name, and IFSC code. Enter the OTP sent to your registered mobile number. "

"Are there any conversion charges or spending limits on the Niyo zero forex card?"

"No, Niyo does not charge any additional fees. You only pay the exact VISA exchange rate while transacting in a foreign currency.\nAs per regulations, there are daily spending limits. However, you can load any amount to spend throughout the financial year.\nNote: Spends above ₹7 lakh attract TCS (Tax Collected at Source) as per the latest regulations.\n"

"Do I really need a zero forex card for my international trip?"

"The Niyo zero forex markup cards ensure convenience, cost-effectiveness, and security for your international trip. With zero forex markup on all international transactions, it\u0026rsquo;s the perfect companion to manage your expenses seamlessly while travelling abroad."

"Do Niyo zero forex cards operate on VISA exchange rates?"

"Yes, Niyo zero forex markup cards offer VISA exchange rates."

"Are VISA exchange rates normally higher than interbank rates?"

"Yes, VISA exchange rates include a modest markup above interbank rates to support the secure and efficient currency conversion services that power your transactions."

"What kinds of transactions can I make using the Niyo Virtual Card?"

"The virtual debit/credit card can only be used for domestic and international online transactions. Card swipe transactions and ATM withdrawals are possible only with a physical card."

"How to set up the 4-digit PIN for the Niyo zero forex markup credit card?"

"You can set the PIN for your zero forex markup Niyo SBM Credit Card using the Niyo app.\nClick on “Credit Card” (bottom of the screen). Click on the Niyo credit card icon. Click on “Set PIN”. Follow the on-screen steps. "

"What are Niyo Coins?"

"The Niyo Coins are a digital currency offered through the Niyo app. Each coin is equivalent to 10 Indian Paise and is valid for 12 months from the date of issuance. For instance, if you earn 1,000 Niyo Coins on 1st April 2025, they expire on 31st March 2026."

"How to earn Niyo Coins?"

" Use Niyo Pay UPI for domestic merchant payments. Use Niyo SBM Credit Card for domestic transactions. Refer a friend to Niyo. Make ATM withdrawals abroad — each quarter, fees up to ₹1,500 are reversed in Niyo Coins. Earn Niyo Coins with your Visa bookings on the Niyo app. "

"How to redeem Niyo Coins?"

" On domestic and international flight bookings made on the Niyo app. On Visa bookings via the Niyo app. We strive to make Niyo rewarding for you! We continually add new ways to earn and redeem Niyo Coins.\nExplore the Niyo Coins section in your Niyo app.\nNote:\nThe rupee value and validity of each coin are subject to the terms of the Niyo Coins Rewards Programme and may fluctuate over time.\n"

"What is the value of each Niyo Coin and how long are they valid for?"

"1 Niyo Coin = 10 Indian Paise. The rupee value of each coin is governed by the ‘Niyo Coins Programme’ terms and might change in the future. They have a validity of 12 months from the date when they are earned."

Zero Forex Markup Card Delivered in 24 hours

Trusted by
over 1 million travellers.

Trusted by over 1 million travellers.

You spend

US Dollars

Converts to

Indian Rupee 84,345.67

1 USD = ₹ 84.34 • Rate refresh in 4hrs

You save 4% on forex

₹4,345.67

Order now and get it in 1 day

Experience the power of
zero forex markup cards

Maximise your savings by up to 5% on every
swipe abroad, Trusted by 1 million+ users

Zero forex markup*
on all international transactions

Load in INR and spend across 180+ countries

Superfast delivery across India

Get your card within 24 hours in Delhi
NCR / Mumbai / Bengaluru Pune / Hyderabad / Ahmedabad

Get international lounge access by spending
₹50,000 outside India in a calendar quarter

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set up instantly with
Niyo Express

Skip the wait. Get onboarded with
a dedicated expert.

Home visit by expert*

KYC verification and card setup

Trial transaction

Paperless and smooth

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Why is Niyo better than others?

Comparison between Niyo and other forex card providers
		Others
Forex markup	Zero	Up to 5%
Account loading	Instantly via UPI	Up to 3 days
Earn Interest	Up to 8% interest p.a.*	❌
Joining fee	None	Activation fee applies
Exchange rate	VISA exchange rate is applied to all currency conversions. Niyo doesn’t charge any fee.	Exchange rates vary across forex cards, often with markups. Recommended to check with the service provider
Loading/unloading fee	None, add money 24/7 for free	Fee is charged both during loading & unloading
Compatible currencies	Just add money in INR and use it in 180+ countries to transact in 130+ currencies	22 currencies max
Zero balance account	No fee for not maintaining a balance in your account.	An inactivity fee is charged to keep your card active
Airport lounge access	Available at 1300+ airports abroad with quarterly spend criteria	❌
Offers and rewards	Earn Niyo Coins on card spends, referrals, and in-app purchases	❌
ATM withdrawals abroad	✔️	✔️
Customer support	24/7 in-app live chat	Varies with forex cards

1 million+ happy travellers.
Consistently rated over 4.8 on playstore and app store

Zero Forex Markup Card Delivered in 24 hours

Experience the power ofzero forex markup cards

Get your accountset up instantly withNiyo Express

Why is Niyo better than others?

Experience the power of
zero forex markup cards

Get your account
set up instantly with
Niyo Express