You’ve been at the core of every solution we’ve put forth so far and this time it’s no different.
To date, NiyoX was a 10K minimum average balance account that came with a promise of not charging anything in case you didn’t maintain the required balances. We received lots of feedback/queries in this regard and have heard your concerns about the minimum account balance required in your Niyo Equitas Savings Account.
I am delighted to share that going forward we are making the Niyo Equitas Savings Account a ZERO Balance Account, which means that you don’t need to fret over any balance requirement on your savings account while we would love if you maintain higher balances to enjoy 7% interest* benefit that Equitas bank extends.
This decision is in-line with our mission to make the NiyoX experience as transparent and seamless as possible, and to ensure that you are able to enjoy the best of services at all times.
We greatly appreciate your honest and thoughtful feedback and look forward to your suggestions to make Banking Smarter, Safer and Simpler for you.