Low Forex Credit Cards in India
If you spend internationally, forex markup is one of the most expensive hidden costs. A “low forex” card is one where the forex percentage is meaningfully below typical rates.
Use this page to find cards with lower forex markup, then open each card page to verify the fee tier and whether the rewards structure still makes sense for your usage.
What forex markup means
International chargesForex markup is a percentage added to international transactions. Even a 1–2% difference compounds quickly if you pay for flights, hotels, subscriptions, or on-trip expenses in foreign currency.
Don’t choose forex in isolation. Also check annual fees and the base rewards rate. Sometimes a slightly higher forex fee is acceptable if the card’s rewards and benefits outweigh it for your actual spend.
For travel-heavy profiles, you may also want lounge access credit cards.
Cards with low forex markup
Browse- HSBC TravelOne — forex 0%
- IDFC FIRST Private Reserve — forex 0%
- IDFC FIRST Wealth — forex 0%
- RBL Bank World Safari — forex 0%
- Scapia — forex 0%
- IDFC First Bank Ashva Metal — forex 1%
- IDFC First Bank Mayura — forex 1%
- Times Black ICICI Bank — forex 1.49%
- Burgundy Private — forex 1.5%
- Reserve — forex 1.5%
If a card looks close, open its “Related cards” strip and use compare to sanity-check fees and lounge access in the same tier.
Want a broader shortlist? See best credit cards in India.