Niyo Global SBM Bank Forex Card: Zero Forex Markup Fees, Lifetime Free! travel

The Niyo Global SBM Bank Forex Card can be your perfect travel companion! But is it really worth it? This video dives deep into the features, fees, and benefits of the card to help you decide.
#NiyoGlobalSBM #NiyoSBMForexCard #NiyoSBMdebitcard #ForexCard #ZeroForexMarkupFees #BestForexCard
👉Download Niyo Global App: bit.ly/3XzOlux
👉 Instagram: / bank.experts
👉 Whatsapp Channel: whatsapp.com/c...
👉Telegram: t.me/BanksExperts
Topic Covered:
Niyo sbm bank forex card
Niyo global sbm bank account opening
Niyo sbm credit card
Niyo global sbm card review
Best forex card
Best forex card with zero forex markup fees
Niyo global dest forex card
Niyo global sbm forex card review in 2024

[@bankexpert]

👉Download Niyo Global App: bit.ly/3XzOlux Enter Ref Code- BE250 (Get 250 Niyo coins)

[@immotipsntricks]

Atm pin generate kaise ho ga sir 😢😢😢😢

[@vartikakarnawat9508]

What is the difference between DCB bank debit card and SBM bank credit card? From what I have seen in your videos, the only difference is atm withdrawal fee and interest on savings account, correct?

[@bankexpert]

Right now, there are no huge differences except for fees and charges (annual fees).

[@harshalsingh974]

Which card is better DCB bank or SBM bank?

[@RUDSOFFICAL]

SBM bank has alot of issues , it rejects ur transactions for no reason. Doesnt let u , use ur limit properly. Lots of issues. Pls dont take.

[@bankexpert]

I'm not facing any issues with Niyo SBM Bank. Thanks for sharing your experience.

[@ManojKumar-jv9cq]

I also use every where in Denmark seamlessly. No such issue faced.

[@yogeshnitharwal9641]

What are transaction charges of niyo sbm last time it was 118 ​@@bankexpert

[@anmoldutt]

@@ManojKumar-jv9cq Hi, i am moving to denmark can you suggest which forex cards should i carry ?

[@RUDSOFFICAL]

@user-zi4fr3cw8k india

[@smartaquarius2021]

I checked with Niyo and they said that we can only request for SBM debit card as well. Credit card is not mandatory. Is it true as you've mentioned that it is not possible to take debit card without credit card

[@Azriel-eg4jr]

He is capping. You dont need credit card for that. I myself using it since 2021. Now also got Equitas one when SBM was banned

[@smartaquarius2021]

@@Azriel-eg4jr i also have equitas but they charge an annual maintenance fee for debit card. Niyo refund the amount in the form of niyo coins but I dont find any use of them. That is why I am closing my equitas account and moving to sbm

[@smartaquarius2021]

@@Azriel-eg4jr could u please suggest if its a right move to close the equitas account and shift to sbm?

[@Azriel-eg4jr]

@@smartaquarius2021 its your choice but i myself keeping both the cards as i am not sure if SBM will be banned again or not. Just using these cards for lounge access mainly

[@bankexpert]

Yes, it is true.

[@prateek4380]

I have received the card, Set the pin. They are saying that I will receive a confirmation mail from SBM bank for international transection enablement. Is it true, if yes By when i can expect the confirmation mail?

[@bankexpert]

After the RBI ban, they have changed some policies. Please contact customer care via chat; they will assist you.

[@abhisheksathe123]

you have to enable international transactions from niyo global app

[@prateek4380]

@@bankexpert they dont know anything, they said shoot a mail to customer care for this. DCB apears to be a good option.

[@rohanbiswal7814]

@@prateek4380 did your SBM card get activated for the international transaction, if yes then by what time you have received the confirmation mail from the bank regarding this?

[@sampathsam263]

International transaction fees 423+GST Will refund right

[@bankexpert]

No. ATM withdrawal fees are non-refundable.

[@zomssingh8744]

​@@bankexpert Agar hotel mei ya kisi mart mei card se payment karte hai to usme koi charge lgta h kya?

[@darshitpathak3437]

thank you for detailed video. Can we close the account anytime without any charges and transfer remaining balance to our other bank account? Any domestic transaction in india needed before transacting abroad? Does it work with Vietnames dong (VND)?

[@bankexpert]

1. Yes, you can close the account anytime & transfer the money to another account. 2. No need 3. yes

[@himagnamallikorg]

There are many app launched by Niyo can you please make a video on them all I am Confused. Specially on NiyoX and Niyo Global

[@bankexpert]

NiyoX and Niyo Global Bath have different apps. In the video description, I give the Niyo Global App Link.

[@BeingSarfaraz10]

TCS reduced to 5 lakh, not 7 lakh.

[@bankexpert]

Check their official website.

[@fitandvirile]

Niyo Global is not giving debit card from SBM. They are giving debit cards from DCB bank

[@bankexpert]

What issue are you facing?

[@trends12394]

​@@bankexpertToday i have received the dcb bank niyo card. But here its written its for domestic use only. So whats the use of using it. If i cant use abroad. So what to do pls reply

[@Nishitagauri]

How to transfer surplus money from Niyo Global to a bank account.

[@bankexpert]

use NEFT/RTGS or UPI

[@akash360views9]

I am planning for Malaysia trip in October month. Shall i buy Niyo Global Credit card for international transactions in Malaysia seamlessly? It will work on all shops, theme park, hotels in Malaysia right? Is there any best forex card for Malaysia? Again RBI will ban niyo card? Any Chance? Any other best card with zero forex card. I will travel Global tour twice a year.

[@bankexpert]

I suggest you carry two Forex cards with you. 1. Niyo DCB/SBM bank debit card. (Now RBI has left the ban so you can use Niyo cards globally) 2. HDFC ForexPlus card or AU Ixigo credit card

[@edwinjose2449]

I'm not able to open an account in SBM bank. I went to a page saying "something went wrong Wrong! We will not be able to create your SBM account. We recommend you to try other banks." Can you help me here please. What else can I do.

[@bankexpert]

Can you DM me in Insta?

[@edwinjose2449]

@@bankexpert sure, I'll text now.

[@sharrybedi3868]

Mai canada mai as a student reh rha hu, mai apne India K funds hai jo vo yha canada mai shopping bgerah k lyi use krna chahta hu, mujhe yeh card k lyi jna chihye , jse HDFC platinum card charges 3.5%charges, yeh card mere liye thik hoga ocassionaly shopping k liye Indian funds se inside Canada.

[@bankexpert]

Yes niyo cards pe apko forex charges nhi lagega. ya fir aap HDFC regalia forex plus card bhi dekh sakte hai

[@Nihalkapasia]

Niyo Dcb or niyo sbm konsa best hai dono mese ?

[@bankexpert]

Best to dono he hai koi sa bhi lay sakte hai

[@Jayeshkalra]

What is the Currency Exchange Rate in the Card ? … Can we use this card in MRT in Singapore? Does this card really have zero mark up fees ?

[@bankexpert]

Yes, you can use MRT in Singapore. Yes, it comes with zero forex markup.

[@jainamsalot37]

I am not able to buy sbm credit card..it only shows option of debit card..olz help

[@bankexpert]

Please contact the customer; they will help you.

[@Moviebuff24]

In one of your replies you said "need to have secured credit card to get debit card" so do we need to apply first for credit card ? If yes then which credit card? Kindly explain.

[@bankexpert]

Yes, you have to apply for a credit card first. SBM bank credit card

[@KishanYadav-wz2ix]

Niyo global debit card par toh annual charges le rha hai agr new card issue karwa rahe hai

[@bankexpert]

Nahi bhai koi charges nhi hai annual. waise aap kaunsa card lay rhe ho?

[@KishanYadav-wz2ix]

Meine app open Kara toh 2 cards ka hi option a rha hai (1) DCB debit card jisme 500 rupees annual charges lagenge 2nd year onwards or agar charge se bachna hai toh 5000 rupees balance maintain karna hoga 2) second card SBM credit card jisme koi annual charges nhi hai lekin Fd karnai padegi . Isliye mein debit card ki taraf ja rha tha lekin usme annual charges dikha rha hai isliye mein stop ho gya

[@Punjabinewsongs889]

Mujhe dcb bank ka atm show ho rha,,kya isse hum international tran kr skte h

[@irshadshiekh625]

Haa

[@bankexpert]

han

[@Aaravgarg18]

SBM credit card has no TCS even after 7 lakhs the website states. That is true right?

[@bankexpert]

Yes

[@shaanStark]

Sbm debit card vs dcb debit card which one is best

[@bankexpert]

Both are good. for SBM bank Kindly be informed that you need to have a secured credit card, which is mandatory to order a debit card.

[@shivrampadmanabhan5054]

I dint order a credit card but got a SBM debit card.

[@TheWanderlustDairies]

@@bankexpert Are you sure about this bro? Coz this is a ridiculous condition what they say. It has to be purely the customers choice. It was not like that earlier. This makes no sense. Also SBM bank customer care is the worst. I had to eventually close my account. The folks are clueless if you ask the basic questions. Unbelievable.

[@Aditya-uy6wn]

The detection tcs will refund?after spending over 7 lakhs

[@bankexpert]

The detected TCS will be refunded within a few hours. Annual spend is less than 7 lakh; no TCs were detected.

[@virendrakookray7867]

Is it necessary to have International Roaming activated to access Niyo card App? Any OTP comes on the registered mobile for using of this card?

[@bankexpert]

For transactions, no OTP comes on the registered mobile for using this card. unless you change the SIM card, add money, etc.

[@abhishekkalkhnday6492]

kya ap sure ho ki rbi ne jo rok lgai thi forex markup ko leke vo rok hat chuki hai ,is liye puch rha hu kyuki me iss debit card ko use krta hu or abi Malaysia jane vala hu to please mujhe surety se btaiye ki apne jo information di hai vo shi

[@bankexpert]

yes rbi ne ban hata diya hai. tabhi re-kyc ka mail aa rha hai. jada confirmation ke liye aap customer care se baat kr sakte hai

[@abhishekkalkhnday6492]

@@bankexpert thank you

[@darkdeath319]

Sir i treid for nyo global dcb bank but its suggesting that "dcb is not available at ur location"

[@bankexpert]

Try to change your current location.

[@kuldeepsingh-fv7jh]

Hamara to SBM account create nahi ho raha video kyc done but account not creat something went wrong a rha hai

[@anilvaloor]

Make sure your actual name and name in pan card are same

[@bankexpert]

Check your details carefully.

[@yatishsikka2856]

Which debit card is better, niyo sbm bank or niyo dcb bank? Also what’s the main difference?

[@bankexpert]

In terms of benefits, there is no difference. SBM cards come with lifetime free, meaning no annual charges. But the DCB card is free for the first year. In the Second year, they charge 500 + GST card annual fees. If you want to avoid yearly charges, then maintain 5000 rupees quarterly.

[@Prepwork-o6q]

As i am planning to take forex card to store my loan amount and transfer them to international Bank (US) once i reach there. So i would be making a single transaction more than 7L , so TCS applies on this? If so how much?

[@bankexpert]

Yes, TCS is applicable for 20%.

[@kaifkhan99]

Passport required hai Sbm Bank Open karke Debit card ke liye ?

[@bankexpert]

Yes, Kisi bhi forex card ke liye passport zaroori hota hai.

[@erapatil]

Niyo SBM CC pe contactless ka limit badha sakte hai?

[@bankexpert]

Yes app me option milega

[@nehra9453]

Sbm Niyo Global Card Ko Only Upi Ke Liye Use kar sakte h kya Ye free h no annual fee no any massage please tell me

[@bankexpert]

Han UPI Payments ke liye use kr sakte hai. Aur koi annual fees bhi nhi hai

[@MithunrajNaik]

after using neo global credit card . staement is generated and now its asking to pay outstanding amount whihc is same amount which i have used outside india. why do i need to pay again?

[@bankexpert]

Because you are using a credit card, you have to pay the pay the card bill.

[@Aamiraalam4114]

I think last time sbm has stop international transactions in debit card so what's the latest update now we can use sbm debit card internationally?

[@bankexpert]

Yes, RBI left the ban, so this card can now make international transactions.

[@SahilTalkss]

@@bankexpertcan u tell me I already have the dcb debit card and sbm debit card should I go for the credit card ??

[@zignesh]

What about the downtime of niyo app? i heard there is lot of downtime

[@bankexpert]

They inform you through mail/message.

[@neelbtw_]

Mujhe dcb bank ka hi sirf debit dikha raha hai sbm ka show nahi kar raha ?

[@bankexpert]

Kya aap screenshot share kr sakte hai? Instagram pe? personal details ko hide krke.

[@fitandvirile]

It is true, Niyo Global is not giving debit card linked to SBM bank. Only DCB bank is the option.

[@trends12394]

​@@fitandvirile yes i have applied its only dcb bank.

[@subhamacharya4472]

The SBM Niyo global card is a FD backed card. So Is it right and safe to go for this card? And does this card work in Japan?

[@bankexpert]

SBM Bank works under RBI guidance, so it is safe. Yes, it works on Japan.

[@subhamacharya4472]

@@bankexpert FD backed card is for the credit card they offer , right ? For debit card there is no such thing. Right ?

[@Iamsahaj]

​@@subhamacharya4472yes no such thing

[@rohanbiswal7814]

I have done my Re-KYC but yet to receive the bank confirmation for reactivation of the card for international transactions, can you tell me in how many days in general they take it to reactivate, I went to Thailand in 2022 then it worked fine but now I am facing issue so have done the re-kyc also.

[@bankexpert]

Bro Call the customer card; they will provide you updated information.

[@rohanbiswal7814]

@@bankexpert tried but they hardly know anything, sometimes they tell it takes 2 days sometimes more , bit confused thats why asked

[@dikshyakasaju7541]

Earlier on SBM debit card, TCS was getting deducted on every transaction and being reverted after few weeks. Is that the case now as well? Because for SBM Credit Card, there's no TCS on any transaction. Except when it exceeds the spending cap of >7L.

[@bankexpert]

Right, when you spend through an SBM debit card, TCS is deducted.

[@zomssingh8744]

To ye deducted amount kb refund hota hai??​@@bankexpert

[@smartaquarius2021]

I am planning to shift from equitas to sbm in niyo. Its because equitas charges an annual maintenance fee for debit card which sbm doesn’t. I dont need any credit card. Is it a right decision. Any suggestions please?

[@bankexpert]

If you use the card on a regular basis, then annual fees are okay. But if you did not use the card too much, then the SBM card is good.

[@smartaquarius2021]

@@bankexpert but is there any major difference between equitas and sbm. When we just want to use it on merchant pos machines out of india. Dont want to use for atm cash withdrawals

[@shinjus6859]

Ye pin currency kyu likha hua ata hai app mai... Add money wali jagh pe...

[@bankexpert]

Isko leke aap customer care se baat kr sakte hai.

[@Vishal-fw4lk]

Do we need to take credit card also after applying for niyo debit card for international transaction

[@bankexpert]

Credit card is not required for international transactions if you already have a Nuiyo debit card.

[@krishnareddy5589]

Hello sir, just need some info here Fir niyo global credit card they mentioned credit is your 100% fd for your credit limit also, but also mentioned that 2.5 times of credit amount you can soend it max during your billing cycle, but i am not able to use the credit beyond my fd what i put?

[@bankexpert]

Hi, Just pay the bill and make new transactions.

[@arshsheikh7803]

Which is better niyo dcb debit card or sbm debit card

[@bankexpert]

Both are better

[@neelbtw_]

When I see option of sbm bank debit card instead of dcb bank if I want both then that is possible??

[@RUDSOFFICAL]

No

[@mohammadaffan1433]

Yes

[@bankexpert]

Yes, it is possible.

[@noora__8324]

How much money can we withdraw from atm maximum in thailand??

[@bankexpert]

up to 20,000 THB. Please ask customer care for confirmation.

[@Iamsahaj]

Isn't this card banned right now by rbi for international transactions?

[@bankexpert]

The ban is left.

[@neelbtw_]

Mujhe sirf dcb bank ka debit card dikha raha hai i can't see sbm debit card option when i see sbm debit card option..

[@bankexpert]

For SBM Bank Kindly be informed that you need to have a secured credit card, which is mandatory to order a debit card.

[@neelbtw_]

@@bankexpert can you make particular video on only application like how sbm debit card order right now..

[@shinjus6859]

Bhaiya ye pin currency ka matlab kya hai..niyo app me add money wali jagah pe

[@bankexpert]

Iska mujhe idea nhi hai. customer care se baat krke confirm kr sakte hai.

[@bajajjaimaa7687]

Can i open two accounts one on my name & other on my wife's name by using one mobile number ?

[@bankexpert]

Please use different mobile numbers.

[@mohankhade]

How to activate this Niyo debit card

[@bankexpert]

Once you receive the card, you can set up the pin. then the card is activated.

[@oneflying]

Maintenance 5000 karna jaruri h kya debit card meh ??

[@bankexpert]

DCB bank me 5000 maintain krne se card ke annual fees waive off ho jate hai

[@stellamasih9652]

​@@bankexpertby maintain you mean expenditure or maintaing it in the account

[@zomssingh8744]

Iske anual koi charges waghre hai kya????

[@bankexpert]

Nhi

[@zomssingh8744]

@@bankexpert after one year 500+gst dika ra

[@vidyagupta3807]

Kya ye card Kazakhstan me use kr sakte h

[@bankexpert]

yes

[@ayanvlogs8899]

Does it charge 423 rupees on per international transactions??

[@bankexpert]

yes, 423 + GST

[@broonnim8038]

Is paypal or niyo cheaper way to send money in euros?

[@bankexpert]

I think Niyo is cheaper than PayPal; please compare both of them.

[@shubham_sharma_ssss]

Please make a video on how to unfreeze niyo sbm account and problem occurring in re kyc also

[@bankexpert]

Call customer care; they will assist you.

[@shubham_sharma_ssss]

@@bankexpert they are not responding and i mailed about the issue but they didn't reply yet

[@yogeshnitharwal9641]

Niyo sbm to banned tha na foreign ke liye

[@bankexpert]

Ab nhi hai. RBI ne ban hata diya hai

[@hitarth90]

Will this work in dubai?? The niyo debit card

[@bankexpert]

Yes

[@karanmalhotra97]

Sbm debit card is not available only sicko.. stop giving wrong info Now niyo only gives dcb bank debit card

[@bankexpert]

Bro, after the RBI ban left, a new user can open a SBM savings account and order a debit card. but kindly be informed that you need to have a secured credit card, which is mandatory to order a debit card.

[@karanmalhotra97]

@@bankexpert wrong info still Sbm debit cards option not showing at all Completely wrong info

[@shivrampadmanabhan5054]

I recently ordered a SBM debit card and I already had a DCB debit card. Pls be mindful of your language towards the KZbinr. He is doing a wonderful job!

[@Moviebuff24]

⁠@@bankexpert Pls explain "need to have secured credit card". Do we need to get credit card separately ?

[@Azriel-eg4jr]

@@Moviebuff24 noo credit card is not required at all

[@drsandeep47]

Provide referral code so that i can apply

[@bankexpert]

BE250

[@normallyvedant]

Thank you

[@bankexpert]

You're welcome

[@Kushal6831]

Thanks for sharing 🙏

[@bankexpert]

My pleasure