SBM Niyo Global Credit Card
2% nominal travel credit on eligible domestic online purchases. Coins redeem only for Niyo-app flights and hotels, not cash. No in-store rewards.
Try your online spend →How this estimate works
This is restricted Niyo-app travel value, not cashback or statement credit. Current issuer reward terms price eligible domestic e-commerce at 20% Niyo Coins, with one coin worth ₹0.10, equivalent to 2% nominal travel value. No rewards apply to POS, tap-and-pay or ATM transactions. One domestic online purchase at the entered amount is assumed each month; minimum transaction is ₹100. The combined earning ceiling is 500,000 coins (₹50,000 nominal value) per calendar year across domestic e-commerce, international e-commerce and Niyo Travel VAS campaigns. The monthly return is the repeated-spend annual total, capped at ₹50,000, divided by 12. Other card spend reduces remaining cap and is not known here. Coins expire after 12 months and can currently be redeemed only for flight and hotel bookings through the Niyo app, subject to the live booking limits and prices. This estimate is nominal earned travel credit, not guaranteed savings or unrestricted cash; no booking is assumed. Older partner pages show a 75% booking-value redemption ceiling, but current terms defer to app conditions, so verify the live redemption slider and required cash payment before relying on the value. In-store spend, fuel, utilities/telecom, rent, wallets, insurance, education, legal/accounting, gifts, railways, financial/quasi-cash, gambling, political and listed government services are excluded. Merchant category is decisive. The higher 3% Niyo Travel VAS route, international earn, forex and ATM offers are not priced because this input does not establish those routes. The issuer KFS explicitly waives its ₹500 joining and annual fees; the current secured-card fee table lists nil fees. Minimum ₹5,000 FD is required, with credit limit generally 90% of FD; deposit principal, FD interest and opportunity cost are omitted. Older terms showing 1% domestic POS/e-commerce rewards and a monthly cap do not override the 26 February 2026 issuer document.
Issuer and programme sources
Issuer card list · 26 February 2026 rewards terms · Current redemption routes · Issuer fees and FD requirement · Current secured-card fee table · Current campaign cap and earn rates
Terms checked 30 September 2026. Earned nominal travel credit is not guaranteed realised cash return.