Tag Archives: NiYO

Forex Cards: Niyo Global vs Other Forex Cards

Forex Cards

Recently, a friend asked me about the best forex cards available in the market. Although I was sure that Niyo Global is the best forex card but just to convince him I did a data comparison on forex cards of major Indian banks.

While the concept of forex cards is simple and straightforward. Their only benefit is the ability to lock the exchange rate. However, banks seem to be making money at every step in this very simple product.

NiYO Global: Best forex card currently in India

Staying with my recent Singapore visit, another way I saved money was on my forex card. While searching for forex cards I came across this unique offering from NiYO Global.

NiYO promises forex conversion at Visa rates without any mark-up, currency conversion charges or taxes etc. I used NiYO Global card extensively in Singapore and being a Visa card it was accept everywhere without any issues.

NiYO Global Card

Does NiYO Global really charges Visa rates?