Credit cards with international rewards and 0 forex charges

[zephyr0]

After searching the forums, I understand that the ONLY credit card with reward points for international spending and a zero-forex charge is the IDFC Wow card. I looked at Scapia and RBL world safari. However, both of them do not give any rewards for international spend.

Is anyone aware of alternatives?

 

[simplegarv]

After searching the forums, I understand that the ONLY credit card with reward points for international spending and a zero-forex charge is the IDFC Wow card. I looked at Scapia and RBL world safari. However, both of them do not give any rewards for international spend.

Is anyone aware of alternatives?

IndusInd Vistara Explorer.

 

[jk51]

SC Ultima

After searching the forums, I understand that the ONLY credit card with reward points for international spending and a zero-forex charge is the IDFC Wow card. I looked at Scapia and RBL world safari. However, both of them do not give any rewards for international spend.

Is anyone aware of alternatives?

SC Ultimate. Charges 2% Markup one gets 3.33% on spends

 

[drsel]

SC Ultima

SC Ultimate. Charges 2% Markup one gets 3.33% on spends

After considering
1) the annual fee 5900 which will not be reversed
2) 5000 Uber voucher worth 4600
3) 118 redemption fee;
the return for foreign transactions is 2.85% minus 4.13% plus 1.50%

 

[jk51]

After considering the annual fee 5900 which will not be reversed and the 118 redemption fee, the return is 2.85% minus 2.36%

Renewal benefit of 5,000 points (1 point = 1 Rs voucher) is there against fee payment. Bulk voucher redemption is always recommended incase of Ultimate so that redemption charges don’t make a dent. Best way is to list out different vouchers across denominations which are required and redeem them together only one time 118/- shall be charged then.

 

[Deleted member 11974]

Axis reserve also has 0 markup if I am not wrong

 

[ghost of sparta]

Axis reserve also has 0 markup if I am not wrong

No, its 1.5%

 

[CARDBITRAGE]

Axis reserve also has 0 markup if I am not wrong

1.5%+GST for reserve. 0% is for Burgundy Private.

 

[ghost of sparta]

Axis one card has 0 forex mark up but it's only for burgundy private customers

 

[drsel]

Renewal benefit of 5,000 points (1 point = 1 Rs voucher) is there against fee payment. Bulk voucher redemption is always recommended incase of Ultimate so that redemption charges don’t make a dent. Best way is to list out different vouchers across denominations which are required and redeem them together only one time 118/- shall be charged then.

I corrected my statement, because I forgot to mention the 5000 worth Uber voucher which is the best redemption of all the vouchers, because they don't give you statement credit.

The calculation of 2.85% includes the 5000 Uber voucher worth 4600

 

[hs23]

IndusInd Vistara Explorer.

IndusInd will get 3% CV rewards for international travel spends?

 

[drsel]

IndusInd will get 3% CV rewards for international travel spends?

Club vistara points about only 60--80 paisa

 

[hs23]

Depends on time of the year.

 

[hs23]

Mumbai srinagar in december is cheaper using CV points than cash.

 

[MangoRush]

After searching the forums, I understand that the ONLY credit card with reward points for international spending and a zero-forex charge is the IDFC Wow card. I looked at Scapia and RBL world safari. However, both of them do not give any rewards for international spend.

Is anyone aware of alternatives?

Infinia

(Normal Reward Rate + GVP) > (Forex Markup + GST)
Net profit of slightly above 1%

 

[drsel]

Infinia

(Normal Reward Rate + GVP) > (Forex Markup + GST)
Net profit of slightly above 1%

Magnus burgundy 4.80--2.36=2.44% profit

 

[drsel]

15 Best Credit Cards for International Travel and Spends - Card Maven

Worried about forex markup charges? Here are the best credit cards that can give you upto 10% return on foreign spends even with a forex markup.

cardmaven.in

See the positive return on Magnus burgundy compared to Infinia

 

[hs23]

Infinia

(Normal Reward Rate + GVP) > (Forex Markup + GST)
Net profit of slightly above 1%.

BOB Eterna is better then infinia / Mganus Burgundy for 42k spends per month. 2.4% in cashback if you can spend 5L year. I prefer no out of pocket expenses to earn rewards.

IndusInd Vistara Is even better. 3.9% net return on 15L spends per year if you value 6 business class tickets at Rs 8000 each and 1 CV = 0.8rs.

 

[JimCarrey]

IndusInd exclusive dc 0 forex charges and their 6x tiered reward points, value will depend on the spends. Upto 0.93% reward value as account credit. Might be a good option if one doesn’t care about vouchers or flights etc.

 

[drsel]

BOB Eterna is better then infinia / Mganus Burgundy for 42k spends per month. 2.4% in cashback if you can spend 5L year. I prefer no out of pocket expenses to earn rewards.

IndusInd Vistara Is even better. 3.9% net return on 15L spends per year if you value 6 business class tickets at Rs 8000 each and 1 CV = 0.8rs.

Bob Eterna is 3.75--2.36=1.39% for foreign spends. How 2.4%

Indusind Vistara tickets are only for domestic flights , and the joining fee of 47200 is the value of 6 business class tickets. Can you get it lifetime free?