If you travel outside India or transact online in foreign currency, there is one fee that you always have to pay. A foreign currency markup fee is levied on each non-INR transaction on an Indian credit card. This fee can range from 3.5% plus GST and add to significant amounts. But, we can save on this charge by using credit cards that offer good rewards and reduced forex markup. This post lists the best debit cards for foreign spends and international travel. So, here is how much you can save on your foreign spending with a reduced forex markup fee on these cards.
IndusInd Bank Exclusive Debit Card
- Annual Fee: Zero for Exclusive Accounts
- Variants: Mastercard World/Visa Signature
- Forex Markup Charges: 0%
- Rewards: Up to 6 RP/Rs 200
- Lounge Access: 2 complimentary visits/qtr to domestic airport lounges for Mastercard || Visa
IndusInd Bank Pioneer Debit Card
- Annual Fee: Free for Pioneer Accounts
- Variant: Visa Infinite
- Forex Markup Charges: 0%
- Rewards: 0.5%
- Lounge Access: 2 complimentary visits/qtr to domestic airport lounges for Visa
RBL Signature+ Debit Card
- Annual Fee: Rs 1500 (Waived on Rs 3 Lakhs annual spend)
- Variant: Visa Signature
- Forex Markup Charges: 0%
- Rewards: 1%
- Lounge Access: 2 complimentary visits/qtr to domestic airport lounges for Visa
Fi Debit Card
- Annual Fee: NIL
- Variant: Visa Platinum
- Forex Markup Charges: 0%
- Rewards: Nothing assured. Can be Fi-coins or cashback.
- Lounge Access: Not available
NiyoX Debit Card
- Annual Fee: NIL
- Variant: Visa Platinum
- Forex Markup Charges: 0%
- Rewards: 0.3%
- Lounge Access: Not available
