I will be travelling to turkey and need to know the charges for withdrawal from Atm with Equitas Debit account
Hi @Kunal2travel ,
We want to let you know that the international ATM withdrawal will be Rs. 499 (including GST).
(Card swipe/Online)POS/ECOM → Zero Forex
Balance inquiry outside India: ₹25 + GST per International balance inquiry
Note: VISA exchange rates are applicable.
We would like to inform you that if your card number starts with 4061, you will incur 3.5% foreign exchange fees if your card number starts with 4723, which is a zero foreign exchange card.
Thanks
So you mean to say that 3.5% is the mark up fees ? This is daylight fraud, you are claiming zero percent markup and charging this
Hi @Kunal2travel,
We apologize for any confusion regarding the fees. To clarify:
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If your card number starts with 4061 (Niyo Equitas), you benefit from zero forex markup fees.
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If your card number starts with 4723, a 3.5% foreign exchange fee applies.
The zero forex markup benefit applies to:
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Niyo DCB debit cards
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Niyo SBM credit cards
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Niyo SBM debit cards
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Niyo Equitas cards starting with 4061
The 3.5% fee is specific to the older NiyoX cards (starting with 4723).
Hope this clears up any confusion. Please let us know if you have any further questions.