Niyo SBM vs. Others

Why is Niyo SBM Debit Card the best choice for international transactions?

Unlock a world of seamless travel and savings with zero forex markup, global lounge access, free ATM withdrawals abroad, and up to 7.5% interest p.a. on your balance.

Enjoy hassle-free banking wherever you go!

Unlike other debit and prepaid forex cards, the Niyo SBM International Debit Card offers unbeatable value with no hidden fees and superior perks.

Zero forex markup | High limits | Maximum convenience

Features & Benefits

Feature	Niyo SBM Debit Card	Ordinary Debit Cards	Ordinary Forex Cards
Zero forex markup fee*	✔️	❌ Varies between 2–5%	❌ Varies between 2–5%
Load in INR & spend globally, including India	✔️	✔️	❌
Currencies supported	130+ Load in INR & spend globally	Varies with card	22 currency wallets
Free ATM withdrawals abroad	✔️ Fee is reversed as Niyo Coins^#	❌	❌ Varies between $2–$5 + GST depending on card
Lounge access abroad	✔️ With international spend criteria^#	❌	❌
Earn interest on account balance	✔️ Up to 7.5% p.a.^#	✔️ Varies with card	❌
Fees & charges	- Zero joining fee - Zero card issuance fee - Zero annual fee^ - Zero balance a/c - Zero loading fee - Zero unloading fee - Zero inactivity fee - Zero decline fee	Varies with card	- Joining fee - Loading fee - Unloading fee - Inactivity fee - Markup fee on currency conversion - Wallet-to-wallet transfer fee
App features	Live transaction tracking, card controls, global fund transfers, Surcharge-free ATM locator, Currency Converter tool for live exchange rates	Standard net banking / mobile banking features	Manage card only via net banking
Travel services	✔️ Book travel insurance, apply for a visa, and book domestic & international flights	❌	❌
Rewards program	✔️ Earn & redeem coins on travel services	❌	❌
Card delivery	3–5 business days	Varies with bank	May require branch visit
Security features	Instant lock / unlock / block card, biometric authentication	Instant lock / unlock / block card	Standard net banking security
Customer support	24/7 in-app live chat support	May have free / chargeable support	May have free / chargeable support

*VISA exchange rates apply | ^#T&C apply
^Waived on AMB of ₹5,000 or more in savings a/c or FDs

Benefits as of June 2025

Niyo SBM Debit Card vs. Other cards

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