Niyo Global - No annual charges ever?

[RM95]

Has anyone been using the Niyo Global card for > 2 years? Is it totally free for life, or are there any charges involved (card charges/bank charges)? Wanted some genuine hands-on reviews.

 

[theglobalinvestor]

I think it's fyf and international cash withdrawal ₹100+gst.

 

[RM95]

I think it's fyf and international cash withdrawal ₹100+gst.

What's fyf?

 

[vaibhav111vaibhav111 is verified member.]

What's fyf?

first year free

 

[RM95]

first year free

Oh. 🙁
I thought it was LTF.

 

[karankayastha]

Niyo global sbm bank is LTF card you can read on niyo global community forum

 

[RM95]

Also, read that you need to deposit 5k into your Niyo global account in order to get the physical card. Can we transfer that 5k back into our bank account after getting the physical card?

 

[Copycat]

Also, read that you need to deposit 5k into your Niyo global account in order to get the physical card. Can we transfer that 5k back into our bank account after getting the physical card?

Yes, you can

Can i withdraw my deposits Rs 5000/- immediately after ordering the Niyo Global SBM card?

Can i withdraw my deposits Rs 5000/- immediately after ordering the Niyo Global SBM card?

community.goniyo.com

https://static.goniyo.com/legal/Niyo_SBM_SOC.pdf

 

[avishj]

Has anyone been using the Niyo Global card for > 2 years? Is it totally free for life, or are there any charges involved (card charges/bank charges)? Wanted some genuine hands-on reviews.

NiyoX used to be free, but started charging now. Similar fate is quite likely for Niyo Global, but currently it is LTF, only charge is 100+18 (GST) for ATM withdrawals. Also transactions may not settle on the same day and hence actual vs. shown value may differ by somewhat.