Fees
Annual feeNil (Lifetime Free)
Joining feeINR 0
Renewal feeNil (Lifetime Free)
Fee waiverLifetime free
Interest rate2.0% per month (24.0% per annum (p.a.))
Late paymentNil for ≤INR 500; INR 500 for INR 501-INR 5,000; INR 750 for INR 5,001-INR 10,000; INR 1,000 above INR 10,000
Forex markup0% (Full Waiver on international transactions - primary USP)
Cash advance2.5% of transaction value or INR 250 (whichever higher)
Eligibility
Min income (salaried)No income requirement (FD-backed secured card)
Min income (self-emp.)No income requirement (FD-backed secured card)
Income requirementSalaried: No income requirement (FD-backed secured card); Self-employed: No income requirement (FD-backed secured card)
Credit scoreNot mandatory (secured against FD; 0-650 acceptable)
Age range18 to 75
Employment typeBoth
Resident typeIndian Resident
Rewards & cashback
Accelerated rateYes - bonus rewards on international spends
Cashback %No flat cashback
Redemption optionsGift Vouchers; Merchandise; Bank's own online redemption store
Points expiry2 years from date of accumulation
Travel & lounge
Domestic lounge1-2 visits/year
International lounge1-2 visits/year
Lounge conditionsYes - spend conditions may apply
Travel insuranceYes
Hotel/flight offers5% - 10% via Niyo/Visa travel partner offers
ConciergeNo
Forex waiver0% (Full Waiver)
Lifestyle
Dining benefitsYes - via Niyo partner dining offers
Dining discountsYes - via Niyo partner dining offers
Fuel surchargeYes - 1% waiver; max INR 100/cycle
OTT subscriptionsNo
E-commerce offersNo
Credit limit & EMI
Default limit80%-90% of pledged FD
Max limitUp to 90% of pledged FD
Cash withdrawal20%-40% of credit limit
EMI optionsPost-purchase; Yes - available at select merchants
EMI conversionPost-purchase
Min EMI amountINR 2,500 - INR 3,000
Balance transferYes
BT interest rateAs per bank schedule
Insurance & protection
Purchase protectionNo
Lost card liabilityYes - zero liability if reported within 3 working days
Coverage detailsLost Baggage / Delay; Loss of Passport; Travel Liability Cover
Digital & security
ContactlessYes
Virtual cardYes - instant virtual card via Niyo app
App featuresReal-time Spend Alerts; Card Lock/Unlock; View Statements & Due Dates; Rewards Tracking & Redemption; Autopay Setup; Virtual Card View; Secure Login Options
Card controlsBlock/Unblock Card; Enable/Disable International Usage; Enable/Disable Online Transactions; ATM Withdrawal Toggle; Set Transaction Limits; Card PIN Reset
Fraud protectionReal-time Transaction Alerts; Tokenization (RBI Mandated); OTP for Online Transactions; Instant Card Block Option
Zero liabilityZero liability if fraud reported within 3 working days
WhatsApp supportYes - DCB WhatsApp Banking