Travel on Points

YES BANK Niyo Credit Card

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  • Joining fee

    Lifetime Free

  • Annual fee

    Lifetime Free

  • Best suited for

    Shopping

  • Reward type

    Reward Points

Rewards

  • Rewards rate

    4 Niyo Coins on Every ₹100 Spent Online; 2 Niyo Coins on Every ₹100 Spent on POS Transactions; 5 Niyo Coins on Every ₹100 Spent Via the Niyo App

  • Reward redemption

    1 Niyo Coin = ₹0.10

Fees & charges

  • Rewards redemption fee

    ₹100 + GST

  • Foreign currency markup

    Zero

  • Interest rates

    3.99% Monthly (47.88% Annually)

  • Fuel surcharge waiver

    1% Fuel Surcharge Waiver on Fuel Transactions Between ₹500 and ₹4000

  • Cash advance charges

    2.5%

Product highlights

  • Lifetime-free credit card with no joining fee and no annual fee.
  • 0% forex markup on international transactions, helping you save on foreign currency conversion charges.
  • Earn up to 5 Niyo Coins for every ₹100 spent on eligible transactions.
  • 5 Niyo Coins per ₹100 spent via the Niyo app.
  • 4 Niyo Coins per ₹100 spent on online transactions.
  • 2 Niyo Coins per ₹100 spent on POS transactions.
  • 1% fuel surcharge waiver on fuel transactions between ₹500 and ₹4,000, up to ₹250 per statement cycle.

Pros & cons

Pros

  • The Niyo Credit Card comes with no joining or annual fee, which makes it beneficial for users who don’t want to spend much on credit card fees.
  • International travelers can save on forex fees as the card comes with zero forex charges.

Cons

  • There are no welcome benefits for new cardholders.
  • No complimentary airport lounge access or premium travel benefits, which may disappoint users looking for a feature-rich travel credit card.

FAQs

Is the YES BANK Niyo Credit Card lifetime free?

Yes, the YES BANK Niyo Credit Card is a lifetime-free credit card, meaning there are no joining or annual fees.

Does the YES BANK Niyo Credit Card charge a forex markup fee?

No, the card offers 0% forex markup on international transactions, allowing cardholders to save the foreign currency conversion fee typically charged by most credit cards.

What is the value of 1 Niyo Coin?

1 Niyo Coin is worth ₹0.10 and can be redeemed for eligible purchases through the Niyo platform, subject to the applicable terms and conditions.

Does the YES BANK Niyo Credit Card offer airport lounge access?

No, the YES BANK Niyo Credit Card does not provide complimentary domestic or international airport lounge access.

Is there a fuel surcharge waiver on the YES BANK Niyo Credit Card?

Yes, the card offers a 1% fuel surcharge waiver on fuel transactions between ₹500 and ₹4,000, with a maximum waiver of ₹250 per statement cycle.