Which Credit Card for foreign transactions?

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Last Comment 2018-12-26

2018-12-04

Friends – My brother is moving to europe for an year. Which credit card / debit card gives less foreign exchange markup fees? Any good practices? I did some homework. Looks like Amex is not accepted everywhere in europe. Visa or Mastercard are preferred options. Anyone aware of 0% markup of Indus Ind debit card? If possible can any one refer relationship manager?

Please PM me for any information you’d think I should be aware. Thank you.

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https://www.desidime.com/discussions/which-credit-card-for-foreign-transactions?page=1#post_5457496

chandras

2018-12-05

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Anyone knowledgeable, please add your thoughts.

https://www.desidime.com/discussions/which-credit-card-for-foreign-transactions?page=1#post_5459927

_One_Miller_

2018-12-06

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Indusind Bank Signature Exclusive Debit Card with 0% Markup Fee

https://www.cardexpert.in/indusind-bank-signatu...

https://www.desidime.com/discussions/which-credit-card-for-foreign-transactions?page=1#post_5457515

Konquerror

2018-12-05

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Yes Bank has lowest foreign markup fee of 1.75%. Most of the cards have around 3.5%.

https://www.desidime.com/discussions/which-credit-card-for-foreign-transactions?page=1#post_5502322

ivoidwarranty

2018-12-26

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+1.

Yes bank is the best, if you can get Yes First Preferred Credit card, then it’s approximately zero cost.

The markup fee is 1.75%+GST, but you also get 8 reward points per 100 with redemption rate of 0.25 per rp == (8*0.25 = 2%). Even better card is Yes First Exclusive which gives 10 rp per 100.