1 year, 10 months ago

Decoding zero forex markup on debit, credit cards

Starting 1 July, there will be significant changes in the way you spend during foreign holidays, including for food, shopping, commuting as well as for recreational activities. Select fintech firms have partnered banks to offer zero forex markup debit cards, significantly reducing the cost of international spending. Read the fine print Niyo Global card, Fi Visa Platinum debit card and Jupiter debit card have zero forex markup fee. Accounts that require ₹10,000 minimum balance are offered zero forex markup up to ₹50,000 monthly spends and those with ₹50,000 minimum balance mandate get zero forex fee on all spends. RBL Bank World Safari credit card could be a good option for those travelling overseas frequently in view of the zero forex fee and free medical insurance, despite not earning any rewards on international transactions.

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