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YES BANK Niyo Credit Card
Visa
YES BANK Niyo Credit Card
The YES BANK Niyo Credit Card is Niyo's new unsecured Visa credit card issued by YES BANK, unveiled at Global Fintech Fest 2026. It is lifetime free, with no joining or annual fee, and charges zero forex markup, which makes it a no-cost card for spending abroad. Domestic rewards are modest, at 0.2% to 0.5% in Niyo Coins usable only on Niyo travel bookings. Niyo also advertises unlimited international lounge access. It suits international travellers and students paying foreign fees who want an unsecured zero-markup card rather than a forex or FD-backed card.
Annual fee
₹0
Joining fee
₹0
Reward type
points
Base reward rate
0.2%
Card network
Visa
Card tier
Entry
Who this card fits
Best suited to applicants who clear the standard eligibility bar whose spend is concentrated in travel. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.2% base rate
- Reward redemption: Rewards accrue as Niyo Coins (10 Niyo Coins = ₹1), which are redeemed for discounts on travel bookings in the Niyo app.
- Travel: Zero forex markup on all foreign-currency spends at the Visa exchange rate. With Niyo Premium membership: ₹0 convenience fee on Niyo app flight bookings and a flat 10% off international hotels.
- International lounge access: Niyo advertises unlimited international lounge access as a Niyo-exclusive benefit; the product page does not set out the access mechanism or any spend condition.
Benefits by category
- ✈️ Travel
0.5% reward rate · Unlimited international lounge access, advertised as a Niyo-exclusive benefit.
- 🏨 Hotel
With Niyo Premium membership: ₹0 convenience fee on flight bookings and 10% off international hotels booked on Niyo.
- 🛍️ Shopping
0.4% reward rate
- 🌍 Forex / international spend
Zero forex markup on international spends, including overseas POS, foreign websites, subscriptions and exam fees. · 0% forex markup on international transactions
Eligibility
- Employment: salaried, self-employed
Fees & charges
- Rewards redemption fee: None stated; Niyo Coins are used as discounts on travel bookings in the Niyo app.
- Foreign currency markup: 0%
Benefits
- Zero forex markup on international spends, including overseas POS, foreign websites, subscriptions and exam fees.
- 5 Niyo Coins per ₹100 on travel booked in the Niyo app, 4 per ₹100 on domestic online spends and 2 per ₹100 on domestic POS spends (10 Niyo Coins = ₹1).
- Unlimited international lounge access, advertised as a Niyo-exclusive benefit.
- With Niyo Premium membership: ₹0 convenience fee on flight bookings and 10% off international hotels booked on Niyo.
Pros
- + Zero forex markup on all international spends
- + Lifetime free, with no joining or annual fee
- + Unsecured, so no FD is needed, and onboarding is fully digital with no income proof
- + Unlimited international lounge access advertised
Cons
- − Low domestic rewards (0.2% to 0.5%), redeemable only on Niyo travel bookings
- − Lounge access terms are not detailed on the product page
- − Flight and hotel perks need a separate Niyo Premium membership