Virtule debit card charges

Is there any charges on Niyo global virtual debit card after 1st year ?

Hey @Dheerendra_Kushwaha ! Welcome to the Niyo community. There are no charges for virtual debit card.

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If i have niyo global card and I am not using it so how can I close Card for avoid annual charges on card?

Hey @Dheerendra_Kushwaha! The virtual card will be active for life from the time you’ve opened your Niyo SBM account. To do PoS and ATM transactions, we recommend you order a physical debit card.

There are no annual maintenance charges for Niyo Global by SBM debit card. Therefore, you need not worry about the annual charges. :wink:

If you wish to close your account in the future, you can reach out to our support team for further assistance.

Regards,

It means there is no annual maintenance charges on physical card after 1st year?

@Dheerendra_Kushwaha Yes. You are right. There is no annual maintenance charge on the physical debit card after 1st year.

As I talked to customer server at Niyo, They are saying Virtual card is valid for lifetime, not just one year.
Can we have more clarification regarding this , preferably in written conditions ?

Hey @mstr! Yes, you are right, the virtual card will be active for life from the time you’ve opened your Niyo SBM account. To do PoS and ATM transactions, we recommend you order a physical debit card.

Regards,

This post says from second year onwards Rs 499+ taxes is levied as charges for physical card. Is it true or not?