1. DCC (Dynamic Currency Conversion)

What’s DCC?

While swiping your card internationally, some merchants may ask:
“Would you like to pay in INR instead of USD/EUR?”

Sounds easy, right? Actually, it’s a trap!

DCC lets the foreign merchant or ATM decide the exchange rate and it’s often worse than your bank’s rate.
Result: You pay more for the same thing.

✅ Smart tip
Always choose to pay in the local currency (like USD, EUR, AED). Your Niyo SBM Credit Card will get you the best bank-offered rates.

2. FX adjustment: Why final amount may slightly change

When you use your card internationally, the amount you see at the time of swipe may not be the final one. Here’s why:

• There’s a small time gap between swipe and settlement.
• The forex rate may slightly move up or down during that time.

Example: You buy coffee in Paris for $10.

• At the time of swipe, ₹1 = $0.012
• By the time it’s settled, ₹1 = $0.0118

The final rupee value may be slightly higher or lower than what you initially saw.

No worries! These changes are minor and are shown clearly in your app or statement under FX Adjustment.

3. TCS (Tax Collected at Source)

Good news for you!

TCS is a 5% tax on international debit card spends if you cross ₹10 lakh/year.

✅ But here’s the win

No TCS is applied to international credit card transactions even if you spend more than ₹10 lakh!

So, using your Niyo SBM Credit Card abroad saves you from unnecessary tax filings and deductions.

Summary: Be a smart global spender

Ready to travel smarter? Use your Niyo SBM Credit Card internationally and save on currency markups, taxes, and surprises!