Niyo SBM Global Credit Card
- Pratibha Sharma
- Aug 28, 2025
- 5 min read
Updated: Jan 6
In the present blog, we will give you details about the Niyo SBM Global Credit card in the form of welcome benefits, cashback rate, etc. To get more information, read below:
An excellent choice would be the Niyo SBM Global Credit Card for those who use money abroad, either when travelling or when shopping online. Banks usually charge an additional fee whenever you use your card in other countries, but with this particular card, there is no additional foreign exchange fee. The user just needs to pay the actual exchange rate, which is a great saving for a person who is commuting frequently to his office or any other employment. Travelling with this card is convenient. It also has the Niyo app that eases life. You can look at your expenditure at any time, manage your card and even block it or unblock it by the touch of a button.
The card is particularly handy among students who are studying in foreign countries. They will be able to afford college fees and food or even daily expenses, without losing money on additional fees, because there are no hidden forex fees.
What Are The Milestone Benefits Of the Niyo SBM Global Credit Card?
When a user spends INR 50,000 every quarter, he/she is allowed to have free access to the lounge in the coming quarter of the year in any of the non-Indian airports.
What Is The Cashback Rate Of the Niyo SBM Global Credit Card?
1 Niyo Coin = INR 0.1
Niyo Coins: Niyo Coins refer to reward points that you will earn whenever you spend on your Niyo SBM Global Credit Card. These coins operate in the same way as a digital reward system, where each purchase will be added to your account. These coins can be later used to reserve flights, hotels or even purchase gift vouchers right within the Niyo app. To put it crudely, it is how Niyo can reward you with more value by using their card, such as cashback, only in the form of coins, which can be used on things that you actually need.
Every INR 100 in online and POS transactions (card swipe machine) will give the cardholder 10 Niyo Coins.
General Cashback Rate: 1%
Cashback capped at 1,50,000 coins per month.
Other Benefits:
No joining fee.
No annual fee.
Zero convenience fee on flight bookings.
No international forex markup.
1-day delivery of a credit card.
Example:
If a student pays INR 10,00,000 per year as a tuition fee using a normal credit card:
Forex markup = 3.6% of INR 10,00,000
= INR 10,00,000 × 3.6 ÷ 100
= INR 36,000 extra charges every year.
Now, if the same student uses the Niyo SBM Global Credit Card:
Forex markup = 0%
Extra charges = INR 0
Money saved = INR 36,000 every year.
So in 3 years of study, the student would save around INR 1,08,000 just on forex charges with this card.
Lounge Access
If a user spends INR 50,000 in a quarter, then he can enjoy free lounge access at airports outside India in the next quarter.
Fees And Charges:
Joining Fees: NIL
Annual Fees: NIL
Cash Advance fees: 423+GST or 2.5% for the amount, whichever is higher
Interest charges: 3% per month, 42.58% per annum
Late Payment charges: INR 150
Eligibility:
Not specified by the bank.
How to Apply for Niyo SBM Global Credit Card?
Download the Niyo Global app from the Play Store or App Store.
Sign up with your mobile number and fill in your basic details.
Do a quick video KYC (show your ID on a video call).
Once verified, you will get a virtual card instantly in the app.
A physical card will be sent to your home within a few days.
Conclusion:
Niyo SBM Global Credit Card is an intelligent decision to be made by those who spend their funds in foreign countries or pay in foreign currency. This Card carries no forex mark up fee; you do not have to complain about your spending being charged an additional fee, as most banks do. This is the most basic feature that makes it appealing and is able to save them money whenever they go about travelling or shopping abroad in any brand.
On top of this, additional advantages such as lounge services in the airports and bonus points on expenditure enable an added value to the card as a regular one. This card is very handy for students studying abroad. The fact that there are no concealed forex fees means that they will not lose their money in additional fees to pay their college fee, food or daily expenses. This would ease the burden on the students who study in foreign countries because you must pay an extra amount for everything, and with this card, everything will be rewarding.
Other than the saving of forex fees, the card also offers the ease of managing all things in the Niyo app. You can verify your bills, freeze or unfreeze the card and even monitor payment immediately. The overall experience is further enhanced by the additional features, such as the airport lounge access and reward points, which are offered to users.
It is a very handy card, particularly among students studying abroad. Students are able to use this card for tuition fees, groceries, or daily spending without having to be concerned about some hidden costs. It is also reassuring to the parents as the card is safe and can be used worldwide. Briefly, this card is a secure and economical card among students, travellers and anybody who frequently undertakes foreign currency transactions.
FAQ's
Q1: What is the Niyo SBM Global Credit Card?
A: It’s an international credit card offered by Niyo in partnership with SBM Bank. The card is popular for its 0% forex markup, making it great for people who spend or study abroad.
Q2: Who is this card best for?
A: It’s especially useful for students, travelers, and professionals who make payments in foreign currency, since it helps save big on forex charges.
Q3: What are the main benefits of this card?
A: The key benefits are 0% forex markup, free international ATM withdrawals (with conditions), Niyo Coins (reward points), and easy access to travel and lifestyle offers.
Q4: Does this card really save money for students abroad?
A: Yes. For example, if a student pays INR 10,00,000 per year as tuition, a normal card with a 3.6% forex fee adds INR 36,000 extra. With this card, that fee becomes INR 0, so students save a lot.
Q5: How can I apply for this card?
A: You can apply online through the Niyo Global app by filling in your details, completing KYC, and linking your SBM Bank account. The card is then delivered to your address.
Q6: What documents are needed to apply?
A: You’ll need a PAN card, Aadhaar card, and proof of income (like a salary slip or bank statement). For students, admission-related documents may also be required.
Q7: Is there an annual fee for this card?
A: The Niyo SBM Global Credit Card generally comes with no annual fee, but it’s always good to confirm the latest terms in the Niyo app or website.
Q8: How do I activate my new Niyo SBM Global Credit Card?
A: Once you receive the card, you can activate it through the Niyo app by setting your PIN and enabling international, online, and ATM transactions.
Q9: How can I check my spending and rewards?
A: All details of your transactions and Niyo Coins are available inside the Niyo Global app.
Q10: What should I do if I lose my card?
A: You can instantly block or freeze your card through the Niyo app, and then request a replacement card.
If you want to know the unbiased AI score of Niyo SBM Global Credit Card, read their detailed review, click here
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