Beat Forex Fees: Best Credit Cards that offset mark-up fee with Rewards

[jack333]

couldnt find in mitc or neither charged in recent txn.

https://media.bobcard.co.in//media/rfnlbqkz/kfs-sep-2024.pdf

let me know if any recent notification about that..

eterna is dead to me except foreign txns, now they officially removed wallet, its gone.

If a foreign site is charging in Indian currency do I have to keep the international on?

 

[helloworld]

If a foreign site is charging in Indian currency do I have to keep the international on?

that depends on bank to bank. and the way they see these txns.

 

[helloworld]

expand the scope and add 0% also?

Your posts are like wiki. I would like this to be one stop shop (here, all forex)

😀 funny part is I made this post because so many try to get rbl safari which gives 0%.

anyway, let me know cards will add or you can add it, will adjust table accordingly.

 

[jack333]

that depends on bank to bank. and the way they see these txns.

Any dcc charges on sbi cashback?

 

[helloworld]

Any dcc charges on sbi cashback?

I think no such notification for sbi cards for DCC till now.

 

[Harry1]

If a foreign site is charging in Indian currency do I have to keep the international on?

Yes, and that's the easiest way to find out if DCC would be applicable or not, for cards which charge DCC.

 

[Harry1]

Any dcc charges on sbi cashback?

No, this is my first preference always. But now I have used my limit, so need to use bob eterna or sc smart and that's why I wanted to confirm if they have zero DCC.

 

[helloworld]

No, this is my first preference always. But now I have used my limit, so need to use bob eterna or sc smart and that's why I wanted to confirm if they have zero DCC.

eterna 0, unless some notification I missed it in last 1 month.

Terms and Condition

Terms and Condition

www.bobcard.co.in

 

[Sarjerao]

I use IDFC first select for 0 Forex, any better card ?

 

[jhanishdev]

Indusind Tiger gives 4 reward points from 2.5L onwards and 6 reward points post 5L.. 1 point is worth 40ps in statement credit meaning 1.6-2.4% returns.

Forex charges are 1.5%+GST. This can be net positive for high spenders.

 

[helloworld]

I use IDFC first select for 0 Forex, any better card ?

debit or credit?

 

[helloworld]

Indusind Tiger gives 4 reward points from 2.5L onwards and 6 reward points post 5L.. 1 point is worth 40ps in statement credit meaning 1.6-2.4% returns.

Forex charges are 1.5%+GST. This can be net positive for high spenders.

foreign currency mark-up = 1.77%

1.77% of 6L = 10,620

net % = 0.43%

You have to include those 2.5L or 5L also, unless those are spent by someone else.

 

[soccer]

HW @helloworld , when you did your research for the original post, did you compile any list for the 0 to minus 1% return?

Not asking to do fresh research, but just asking if there were any notes while doing the original research?

Most of the positive return ones are slightly difficult to obtain for the average Joe.

Any specific cards that are easier to obtain, even if the return is 0 to minus 1%

TN Infinity is marginally negative (may even be positive if GVP is applicable)

AU Nomo is slightly underrated too (albeit against FD), and may work only for use cases till 1-2L annually.

 

[helloworld]

HW @helloworld , when you did your research for the original post, did you compile any list for the 0 to minus 1% return?

Not asking to do fresh research, but just asking if there were any notes while doing the original research?

Most of the positive return ones are slightly difficult to obtain for the average Joe.

Any specific cards that are easier to obtain, even if the return is 0 to minus 1%

TN Infinity is marginally negative (may even be positive if GVP is applicable)

AU Nomo is slightly underrated too (albeit against FD), and may work only for use cases till 1-2L annually.

0%

- RBL World Safari
- IDFC Wow
- Onecard
- IDFC Mayura

 

[soccer]

RBL would be nice if they had a spend waiver for renewal- atm the first year is 3.54K (inclusive of GST), and you get 3K voucher, so 540 for the first year, but 3.54K from the second year

ID FC is against FD, and compulsorily needs A adhar to set it up. (even if one has other valid documents; A is not an option for me for number issues)

 

[Harry1]

0%

- RBL World Safari
- IDFC Wow
- Onecard
- IDFC Mayura

I think milestone benefits of about 2% also count for RBL safari.

 

[helloworld]

RBL would be nice if they had a spend waiver for renewal- atm the first year is 3.54K (inclusive of GST), and you get 3K voucher, so 540 for the first year, but 3.54K from the second year

ID FC is against FD, and compulsorily needs A adhar to set it up. (even if one has other valid documents; A is not an option for me for number issues)

its easy to get fee waiver.

moreover we dont know how many can survive after 1 year.. take it, utilize, throw

 

[newIntern]

0%

- Onecard

I have one card metal variant (non FD) and I get charged extra for my chatgpt subscription, are you sure its zero forex?

 

[helloworld]

I have one card metal variant (non FD) and I get charged extra for my chatgpt subscription, are you sure its zero forex?

charges 1%, gives 1% + if any offer activate and get higher.

 

[gg123]

Hey Guys,
Apologies to hijack the thread.

I have 2.6L forex spend coming up. Need to do it in the next 2 days.
The merchant is apple. I don't have any premium cards.

Need to hit 1.5L in the next 90 days to get annual fee waived off for Amex Gold. so will be spending 1.5L there.
As for the next 1L.
what are my options?

1. Axis Select
2. Axis Ace
3. Plat travel (Already hit the 4L )
4. ICICI Coral Rupay.

My Plan is to do Axis Ace if I could get 1.5%. The merchant is Apple btw. or should I do Axis Select?

Kindly suggest.