Fees
Annual feeNil (Lifetime Free)
Joining feeINR 500 (waived off)
Renewal feeNil (Lifetime Free)
Fee waiverWaived - no annual fee charged
Interest rate3% per month (42.58% per annum)
Late paymentINR 150
Forex markup0% (Zero Forex Markup - Visa exchange rates apply)
Cash advanceINR 423 + GST or 2.5% of amount (whichever is higher), both domestic and international
Eligibility
Min income (salaried)None required; min FD INR 5,000
Min income (self-emp.)None required (FD-backed)
Income requirementSalaried: None required; min FD INR 5,000; Self-employed: None required (FD-backed)
Credit scoreNo credit score required
Age range18+
Employment typeBoth
Resident typeIndian Resident
Rewards & cashback
Accelerated rateYes - bonus Niyo Coins on international spends (unlockable for bank cashback)
Cashback %Effective ~1% on domestic spends (via Niyo Coins); up to INR 500/month cashback on INR 50,000 monthly spend
Cashback cap1,50,000 Niyo Coins per month
Redemption optionsFlights & Hotels (via Niyo app), Gift Vouchers, Cashback (direct to savings account)
Points expiryNo Expiry
Travel & lounge
Domestic lounge2 visits/quarter (via Visa complimentary access)
International loungeYes - complimentary VISA lounge access at international terminals in India
Lounge conditionsYes - spend conditions apply (INR 50,000/quarter typically)
Travel insuranceNo
Hotel/flight offersYes - exclusive offers via Niyo app; customized location-based deals
ConciergeNo
Forex waiver0% (Full Waiver) - zero forex markup on all international transactions
Lifestyle
Dining benefitsYes - periodic offers via Niyo app
Dining discountsYes - periodic offers via Niyo app
Fuel surchargeNo
OTT subscriptionsNo
E-commerce offersYes - eSIM access via Niyo app for international travel
Credit limit & EMI
Default limit90% of FD amount (min FD INR 5,000)
Max limitUp to INR 25 lakh based on cumulative FDs
Cash withdrawal40% of credit limit
EMI optionsNo; No
EMI conversionNo
Balance transferNo
Insurance & protection
Purchase protectionNo
Lost card liabilityYes
Digital & security
ContactlessYes
Virtual cardYes
App featuresReal-time Spend Alerts, Card Lock/Unlock, Set/Modify Limits, View Statements & Due Dates, Rewards Tracking & Redemption, Download Credit Card Statement, Raise Service Requests, Block Lost/Stolen Card, Virtual Card View, Spend Analyzer, Global ATM Locator, Real-time Currency Exchange Rates
Card controlsBlock/Unblock Card, Enable/Disable International Usage, Enable/Disable Online Transactions, Set Transaction Limits, Card PIN Reset, Report Lost/Stolen Card, View/Generate Virtual Card
Fraud protectionOTP for Online Transactions, Tokenization (RBI Mandated), Real-time Transaction Alerts, Instant Card Block Option, Zero Liability Guarantee
Zero liabilityZero liability if fraud reported within 3 working days
WhatsApp supportNo