Niyo SBM Global VISA Credit Card
SBM Bank
Last updated: Feb 03, 2026
₹0
₹0
Free
No lounge access
Contents
The Niyo SBM Global VISA Credit Card is an FD-backed international card built for travellers and frequent cross-border spenders. It offers zero forex markup (you pay only the Visa conversion rate) and a simple, no-fee pricing structure. The card is secured against a fixed deposit with SBM Bank India and is managed via the Niyo app for real-time controls and notifications.
Features of Niyo SBM Global VISA Credit Card which makes it unique
Zero Forex Markup
No additional forex markup from SBM/Niyo — you pay Visa's conversion rate only.
Lower cost for international card spending and online foreign currency purchases.
Cheaper than most Indian cards that add 1.99–3.5% forex markup.
FD-Backed Secured Limit
Credit limit secured against a fixed deposit with SBM Bank India.
Accessible to applicants who prefer secured credit or lack an unsecured limit.
Similar to other secured credit cards but with zero forex markup advantage.
Rewards Structure of Niyo SBM Global VISA Credit Card
Base
baseAll spends
Fees & Charges of Niyo SBM Global VISA Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 0 |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:No annual fee. Card is FD-backed; maintenance of FD required as per SBM/Niyo rules.
Fee Explanation Standard bank charges apply for cash advances and missed payments. Forex transactions use Visa exchange rates; Niyo/SBM do not add a separate forex markup.
Detailed Explanation of Niyo SBM Global VISA Credit Card Fees
Annual Fee: 0 (yearly)
No annual fee charged; FD maintenance required.
Cash Advance Fee: 2.5% (transaction)
Minimum ₹300 per transaction.
Forex Markup: 0.0% (transaction)
Visa exchange rate applies; no additional SBM/Niyo markup.
Lounge Access Benefits with Niyo SBM Global VISA Credit Card
domestic Lounges
silverVisits per year: 0
Guest access: No
No complimentary domestic lounge visits disclosed in standard T&Cs.
Insurance Coverage with Niyo SBM Global VISA Credit Card
Cardmember Liability Protection
As per SBM/Niyo T&CSubject to T&C and card activation.
Additional Features of Niyo SBM Global VISA Credit Card
Contactless Payments
Tap and pay enabled
Mobile App Controls
Card management, lock/unlock and transaction notifications via the Niyo app
Welcome Bonus with Niyo SBM Global VISA Credit Card
Welcome Bonus: NA
Bonus Conditions: Card is FD-backed (secured) — benefits apply after account/card activation. See bank T&Cs.
Application Process for Niyo SBM Global VISA Credit Card
Processing Time
3-7 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Open Niyo SBM savings/relationship as required and create account in the Niyo app
Open the required FD with SBM Bank India (amount determines secured limit)
Apply for the Global credit card via Niyo app and complete KYC
Card issued and activated after verification
Required Documents for Niyo SBM Global VISA Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
if applicableAccepted documents:
Niyo SBM Global VISA Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India with Visa acceptance
International Acceptance
Accepted globally on Visa network
Online Acceptance
Yes — supports international e-commerce and travel bookings
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Niyo SBM Global VISA Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
650+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹0
Minimum annual income
Self-Employed Applicants
₹0
Minimum annual income
Who Can Apply
Important Conditions
- Fixed deposit (FD) with SBM Bank India required to secure the credit limit. Valid PAN and Aadhaar required for KYC.
How Approval Is Decided
- Indian resident with valid KYC (PAN, Aadhaar)
- Required FD maintained with SBM Bank India
- Standard checks as per SBM/Niyo card member agreement
Pros of Niyo SBM Global VISA Credit Card
- Significant savings on international and multicurrency online spends
- No joining or annual fee keeps cost low for infrequent users
- FD-backed option helps customers with lower/no unsecured limits access a credit card
Cons of Niyo SBM Global VISA Credit Card
- Secured (FD-backed) card — requires capital to open FD
- Limited rewards and partner offers compared with premium travel cards
- No clearly advertised complimentary lounge access in base offering
Frequently Asked Questions about Niyo SBM Global VISA Credit Card
Is there a joining or annual fee?
No — Niyo SBM Global credit card products typically carry no joining or annual fee; check your offer communication for specifics.
Does the card charge forex markup on international transactions?
No — SBM/Niyo state there is no additional forex markup; transactions convert at the Visa exchange rate. Confirm at transaction settlement as conversion may vary.
Do I need to open an FD to get the card?
Yes — the Global card from Niyo with SBM is FD-backed (secured). Your credit limit is linked to the FD amount held with SBM Bank India.
Can I use this card for online international purchases from India?
Yes — the card is intended for international e-commerce and travel use and works with Visa-accepting merchants globally.
How long does approval and delivery take?
Typical processing and dispatch are 3–7 business days after KYC and FD setup; exact timelines depend on the Niyo/SBM onboarding flow.
Is lounge access included?
Not in standard base benefits. Lounge access is not clearly advertised in the base T&Cs — verify any promotional packages separately.
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