Hi, Next week I am travelling to turkey Can anyone plz suggest Which credit card will give least foreign currency mark up charges and also give decent RP on spent?
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Which credit card will give least foreign currency mark up charges and also give decent RP on spent?
- Thread starter viralsanghavi32
- Start date
It would be great if you could list the credit cards you currently have. Depending on that, if you are open to applying a new card, people can suggest you same.
I have all premium credit card like axis magnus, reserve, HDFc infinia, Stanc ultimate
HDFC Infinia with GVP. 2% markup but 1% will come back as cashback till 1000 rupees I think. Also you will get all regular reward points. 5RP/150 on converted Indian rupee value.
Reserve has 2% markup I guess but gives 2x reward points for international spends. So you can mix and use.
Ultimate for duty paid shops and other use reserve card benefits are best
Thanks to all for your guidance.
Best Credit Cards for International Transactions
Though India is way beyond in the Credit card game and variants but we can notice a great community is being build revolving it and the growth is great in terms of new credit card consumers in past 5-6 years. From insanely popular cashback cards to the cards for nerds, the airmiles cards, we can...
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Reserve. No brainer.
Reserve mark up is 1.5% + GST
RBL world safari with zero forex markup fee. I forgot about the reward system though. you may google it.
Zero rewards for international txns. Not worth it.
rajaraghunath
TF Buzz
If you have idfc wealth card they are running 10x rewards on the international spends . Standard chartered ultimate is best for duty free they usually run lots of offers on them .Reserve is best for forex spends
All I can understand is I should use reserve card for Swipe and what the other option for ATM withdrwal is it neo global ? or Indusind bank debit card or any other forex card should take? kindly guide
Axis Reserve
For ATM withdrawal ???
No card gives point for ATM withdrawal.
I had used IDFC WoW for cash withdrawal post landing in foreign country. While there are no reward points for cash withdrawals, it is interest free till the due date and forex rates are as per swipe rates (lot more competitive than something like bookmyforex or banks)
If I am not wrong, most credit cards charge interest from the day of withdrawal. I think in Axis Burgundy private does not charge interest. It is touted as credit, forex and debit card as 3 in 1. Please check official axis website.
If you are looking for small value, just get forex cash here itself and go.
Infinia any day with GVP