All cards / SBM Bank India (Niyo)
Niyo Global Credit Card
Visa
Niyo Global Credit Card
Niyo built its entire brand on zero-forex-markup international spending, and the Niyo Global card (issued via SBM Bank India) extends that pitch from its debit card into a credit product for travelers and students who spend heavily abroad. The reward rate is modest, but the forex savings alone can outweigh the cashback foregone on a heavy-travel itinerary.
Rates and fees last verified 15 July 2026 · No bank pays us to rank higher.
Annual fee
₹0
Joining fee
₹0
Reward type
cashback
Base reward rate
0.5%
Card network
Visa
Card tier
Mid
Who this card fits
Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in travel. It's a lifetime-free card with no fee to track.
Benefits by category
- ✈️ Travel
1% reward rate
- 🌍 Forex / international spend
Zero forex markup on international spends, one of the very few Indian cards to fully waive currency conversion charges · 0% forex markup on international transactions
Eligibility
- Minimum credit score: 700
- Employment: salaried, self-employed
- Age: 18–60
Benefits
- Zero forex markup on international spends, one of the very few Indian cards to fully waive currency conversion charges
- ATM withdrawals abroad without markup on the linked Niyo Global travel account, positioned for frequent international travelers and students
Pros
- + Zero forex markup on foreign currency transactions — a rare and genuinely valuable perk
- + No joining or annual fees
- + Aimed specifically at students and frequent international travelers, with supporting travel-account features
Cons
- − Base cashback/reward rate is low compared to domestic-focused cards
- − Limited use case for people who mostly spend in India
- − Card acceptance and support infrastructure trail larger bank-issued cards