Niyo global credit card utilisation

Partnership Banks
1

I understand that a fd have to create for a credit card and limit is equal to fd basic amount, if I utilise the total limit of card then we have to pay again the total utilise amount or not?

2

Are we have to deposit utilisation amount which we have utilise in abroad. Or fd is sufficient

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3

Hey @kksati! Welcome to Niyo Community :slightly_smiling_face:

Currently, we have launched SBM Secured Credit Card based on FD. Your credit card limit will be the same as your FD limit. The minimum limit of an FD is 5000 INR.
If you are using a credit card, you have to pay the bill in the given timeframe to avoid penalty and interest charges.

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