Paying fees via Niyo Global SBM card

Hi,

I wanted everyone’s opinion about paying fees as an international student using Niyo SBM card. Should I go for it since I need to transact approximately 4.5lakhs/month which is a big amount. And one great advantage of the card is ofc 0% forex markup and I will be able to save around 50-60k using it.

Thanks

Hi @saransh_dabas you can use Niyo SBM card to pay your fee. The spending limit (POS/Ecom) is 7.5 lakh per day. There are no forex charges for your transactions. All the international transactions will be processed based on live Visa exchange rates.
However, TCS charges will be applied for your transactions when you exceed ₹7 lakh in your international transactions.

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