Which Forex card is good

[chandra.prakash]

Which bank forex card is good for international travel.
Or MMT global card is good.

 

[xiddy]

I would suggest that you get a 0% forex markup debit card. But get a few from different banks to avoid situation like Niyo Global.

 

[metal_heart]

What are the current banks offering 0% forex markup

 

[xiddy]

FI, Niyo (NiyoX/Niyo global with DCB), and I think Jupiter as well.

 

[anirban.choudhuryanirban.choudhury is verified member.]

Which bank forex card is good for international travel.
Or MMT global card is good.

ICICI forex is good , but load it using bookmyforex

 

[Kiranonlinee]

Which bank forex card is good for international travel.
Or MMT global card is good.

Open any indusind account and get indusind signature exclusive debit card by paying 1999+gst

Else get a pinnacle credit card and get exclusive account fee

 

[chandra.prakash]

ICICI forex is good , but load it using bookmyforex

Bookmyforex card show in mmt app

 

[ChurningNoob]

Open any indusind account and get indusind signature exclusive debit card by paying 1999+gst

Else get a pinnacle credit card and get exclusive account fee

So with any indusind you can get exclusive debit card? I thought it was only with exclusive account?

Also, can you explain what about credit card?

 

[ChurningNoob]

FI, Niyo (NiyoX/Niyo global with DCB), and I think Jupiter as well.

whats difference between NiyoX and DCB?

 

[xiddy]

whats difference between NiyoX and DCB?

They have tied up with different banks. This way, if one of the banks has an issue, like what's happening with SBM right now, then you can easily use another card from the other bank.

 

[iNokia]

They have tied up with different banks. This way, if one of the banks has an issue, like what's happening with SBM right now, then you can easily use another card from the other bank.

I don't think it's easy. We have to create Bank accounts in DCB/equitas and close sbm.
I believe niyo could act as mediator and smoothen the process but vkyc will be done again anyways.

Also the three products have different fees wrt card issuance and other stuff. So it might not be easy for niyo.
I haven't heard any update from niyo regarding transferring accounts. They are just shoving the fd cc in my face.

 

[xiddy]

I don't think it's easy. We have to create Bank accounts in DCB/equitas and close sbm.
I believe niyo could act as mediator and smoothen the process but vkyc will be done again anyways.

Also the three products have different fees wrt card issuance and other stuff. So it might not be easy for niyo.
I haven't heard any update from niyo regarding transferring accounts. They are just shoving the fd cc in my face.

Do they not allow you to have a niyoX and a Niyo global account at the same time? I actually haven't checked that yet. I did open a Fi account for redundancy. Yeah, NiyoX has some fees attached to it, but it's nothing compared to the money it will save you on your trip.

 

[anirban.choudhuryanirban.choudhury is verified member.]

Do they not allow you to have a niyoX and a Niyo global account at the same time? I actually haven't checked that yet. I did open a Fi account for redundancy. Yeah, NiyoX has some fees attached to it, but it's nothing compared to the money it will save you on your trip.

No , niyox and niyo global are 2 different thing. One need to open account in both websites separately . One is handled by DCB and other via SBM

 

[metal_heart]

Any reviews on Forex Card from BookmyForex

 

[sgoyal9]

Is there any specific reason for a ForEx card?

If possible, my suggestion would be to go for a high-reward rate credit card like Axis Magnus or SC Ultimate.
For example, if you can spend over 1L in the month using the Magnus then you would end up getting a 6.2%. That would cover any ForEx charges applied and then some.

 

[ishag]

What do you guys use to get forex cash? I guess credit cards aren't a good idea for cash withdrawal.

 

[anirban.choudhuryanirban.choudhury is verified member.]

What do you guys use to get forex cash? I guess credit cards aren't a good idea for cash withdrawal.

Forex cards or 0 markup DC
But forex cards as of now looks better

 

[ishag]

Yeah, I had a Niyo Global card that I used previously. But with the RBI ban on SBM in effect again, I am debating if I should maybe get the Fi or Jupiter card.
Re: forex cards there is still quite a markup when reloading them, no?

 

[bigbrain]

Any idea on Axis Vistara forex card?
They give CV points on spends but very little.
How is the exchange rate at axis bank compared to others?

 

[NIKHILIRM]

Which bank forex card is good for international travel.
Or MMT global card is good.

The best card for international travel is HDFC regalia.
I am using it from past 5 years.
The best feature is Zero CCC ( cross currency charge ).
Watch this.