DCB novio Credit Card benefits
- Joining fee and annual fee are both nil, but a ₹599 charge applies if you close the card within a year.
- Credit limit is 90% of the linked DCB Bank fixed deposit.
- The novio site shows deposits starting at ₹2,000. The free physical card starts at ₹10,000.
- 5 novio Coins per ₹100 on eligible spends, and 10 per ₹100 on merchant payments through novio UPI.
- Foreign currency markup is 2.5% of the transaction value.
- The linked deposit stays locked while it backs the card, and the bank can use it to recover unpaid dues.
DCB novio Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| novio UPIMerchant payments made through novio UPI: 5 coins per ₹100 from the card and 5 from novio UPI. Limit of 500 coins a day on these payments. | 10 points per ₹100 | None |
| Everything else | 5 points per ₹100 | None |
We value one point at ₹0.2 in the usual redemption.
No rewards on: Rent, wallet loading, online gaming, gambling, fuel and cash withdrawal, as listed in the bank's MITC. novio UPI coins also exclude utilities, government payments, insurance, education and railways.
All reward rules
- Rewards are novio Coins. novio states 5% coins, which means 5 coins per ₹100.
- novio's terms give the existing rate as 5 novio Coins = ₹1, so 5 coins per ₹100 is worth about ₹1. The same terms say coins have no cash value and can only be used in the novio app as permitted.
- The novio site also shows 10% coins on fuel, but the DCB Bank MITC lists fuel as excluded from rewards. Check the novio app before you rely on coins for fuel.
- Lounge access is for the Select variant only: 1 domestic visit a quarter, 4 a year. The Platinum variant has no lounge access. The novio site uses the names Go and Prime, and does not say which matches Platinum or Select.
DCB novio Credit Card annual fee and charges
- Joining fee
- Free
- Annual fee
- Free
- Fee waiver
- Not needed
- Foreign currency markup
- 2.5%
A closure charge of ₹599 applies if the card is closed within a year. The physical card is free once your total fixed deposit with DCB Bank reaches ₹10,000. GST applies on fees and charges.
Fuel surcharge: 1% surcharge waiver up to ₹100 per statement cycle, on fuel transactions up to ₹5,000. Eligible merchant codes only.
DCB novio Credit Card eligibility
- Lowest fixed deposit
- ₹2,000
The card is issued against a DCB Bank fixed deposit. novio says no income proof or credit score is needed. A ₹2,000 deposit gives a virtual card. The physical card starts at ₹10,000. The novio site also shows a ₹25,000 minimum deposit for one of its two variants.
The bank alone decides approval and your credit limit.
DCB novio Credit Card lounge access
4 domestic and 0 international visits a year. Banks often set a spend condition, so read the reward rules above.
Frequently asked questions
What is the annual fee of the DCB novio Credit Card?
The annual fee is nil and the joining fee is nil, for both the Platinum and Select variants. A closure charge of ₹599 applies if the card is closed within a year.
Is the DCB novio Credit Card lifetime free?
The bank's documents list nil joining and annual fees. Other charges still apply, such as late payment charges, interest on unpaid dues and the ₹599 closure charge in the first year. The bank can change its charges.
What is the eligibility for the DCB novio Credit Card?
You need a fixed deposit with DCB Bank, opened through the novio app. novio says no income proof or credit score is needed, and its site shows deposits starting at ₹2,000. The credit limit is 90% of the linked deposit.
What happens to my fixed deposit if I do not pay the bill?
The deposit stays locked while it backs the card. DCB Bank can break the deposit and recover the dues if the minimum amount due is unpaid up to 85 days past the due date, or if billed dues reach 95% of the deposit. Any balance left goes to your repayment account.
Does the DCB novio Credit Card give lounge access?
Only the Select variant does. It gives 1 domestic airport lounge visit a quarter, which is 4 a year. The Platinum variant has none. There is no international lounge access, and unused visits lapse.
What is the reward limit on the DCB novio Credit Card?
On merchant payments through novio UPI, the limit is 500 novio Coins a day. Rent, wallet loading, online gaming, gambling, fuel and cash withdrawal are listed as excluded from rewards.
Does the DCB novio Credit Card have a fuel surcharge waiver?
Yes. It gives a 1% surcharge waiver up to ₹100 per statement cycle, on fuel transactions up to ₹5,000. It applies only at eligible merchant codes.