₹0 to start
No joining fee. Prepaid tiers that waive markup charge thousands.
In partnership with Niyo Global
Spend abroad at the real exchange rate.
- ₹0Joining fee
- Zero markupLive network rate
- No loadingNothing to lock
- Doesn’t touch your LRS limit
- No TCS on what you spend
- Works wherever Visa or Mastercard does
What you get
Six things a prepaid card can’t do.
The rate you see is the rate you get
The live network rate at the moment you tap. Nothing added on top.
Nothing to load, nothing to strand
Rupees stay in your account until you spend. No wallets, no leftovers.
No TCS taken
Card spending abroad is not a remittance. Nothing to reclaim later.
Your LRS limit stays whole
Keep the full USD 250,000 for tuition, the GIC and the blocked account.
Top-ups are ordinary transfers
A rupee transfer from India. No declaration, no purpose code.
How it works
Three moments, none at an airport.
Before you fly
Card in hand in India, Indian number on it.
While you are there
Tap it. Always billed in the local currency.
Every month after
Family sends rupees. No forms.
Against a prepaid card
Same trip. Different bill.
Niyo GlobalA prepaid forex card
Exchange rateLive network rate1.5%–3.5% inside the load
Another currencyNo such charge2%–4.25% off-wallet
Your LRS limitUntouchedEvery load counts
TCSNoneAbove your yearly threshold
Topping upA rupee transferA fresh A2 form, every time
Money left overNothing to strandA fee, a wait, the spread again
Where it works
Every country the network reaches.
- USD₹96.67
- CAD₹70.04
- GBP₹131.88
- EUR₹112.91
- AUD₹69.29
- NZD₹57.75
- SGD₹76.14
- AED₹26.32
- RUB₹1.16
- GEL₹37.06
- KZT₹0.211
- KGS₹1.11
- UZS₹0.00817
- PLN₹26.15
Worth knowing
What it doesn’t do.
The rate moves
Cheap, but not certainty.
Not for hotel deposits
Carry a credit card for those.
Keep your Indian number
Your OTP still goes there.
Not for tuition
Universities add 2%–3% on cards.
Questions
About the card.
Is this a prepaid forex card?
No. A prepaid card holds foreign currency you bought in advance. This holds rupees in your own account and converts them when you spend — no loading, no locked rate, nothing left over.
Does it use up my LRS limit?
No. Card spending abroad falls outside the Liberalised Remittance Scheme, so your USD 250,000 stays intact for tuition and proof-of-funds. Loading a prepaid card does count.
Is TCS charged on what I spend?
No. TCS applies to money remitted abroad, and spending on a card while you are abroad is not a remittance.
How do my parents send money?
An ordinary rupee transfer into the account, from India. No A2 declaration, because no foreign exchange is being bought.
What rate do I get?
The Visa or Mastercard network rate at the moment of the transaction, with nothing added. One warning: if a shop or ATM offers to charge you in rupees, decline — that rate is set by their bank and it is several percent worse.
What if I lose it?
Block it from the app or the helpline straight away. Carry a second card from another provider, kept somewhere else — a replacement posted abroad takes days.
The card is issued by Niyo Global’s partner bank. We introduce you and help you set it up; we don’t issue the card or hold your money. Fees and limits are Niyo Global’s own and shown before you open the account.
Talk to us
Tell us the transfer. We’ll come back with the exact position.
Rate, markup in rupees, TCS and the paperwork you’ll need — for your amount and your university, not a worked example. Tell us the transfer and we will call you back.
- No obligation, and no payment at this stage
- Executed by an RBI-authorised AD Category-II partner
- Your number is used to reach you about this enquiry