I am planning a trip abroad and don't want a hassle of a forex card. Assuming I will spend close to 200k inr, and I have an Axis magnus cc (2% forex markup fee) should I just swipe my Magnus, choose the txn currency as local currency and go about the shopping?
How do banks (axis or others) calculate the bill for forex txns? Assuming Exchange rates as 60 inr per aud, my 10 aud txn would be approx how much inr in the cc bill??
How do banks (axis or others) calculate the bill for forex txns? Assuming Exchange rates as 60 inr per aud, my 10 aud txn would be approx how much inr in the cc bill??
