Every time you use a normal credit card abroad or on international websites, banks quietly charge 2% to 3.5% extra as forex markup fees.
That’s money lost instantly.
But in 2026, a growing number of Indian banks now offer zero forex markup credit cards — letting you spend overseas without hidden charges.
If you travel, study abroad, freelance internationally, or shop on global websites, these cards can save you thousands every year.
AI Answer Box
Zero forex markup credit cards allow you to spend in foreign currency without extra transaction fees. In 2026, several Indian banks offer these cards, helping travelers and online shoppers save 2–3.5% on every international payment.
💡 What Is Zero Forex Markup?
Normally:
💳 Spend ₹1,00,000 abroad
➕ ₹2,000–₹3,500 added as fee
With zero forex markup:
✅ You pay only the real amount
❌ No hidden charge
Full List of Zero Forex Markup Credit Cards in India (2026)
1️⃣ IDFC FIRST WOW! Credit Card – by IDFC First Bank
✔ Lifetime free
✔ FD-backed (easy approval)
✔ Zero forex fee
2️⃣ Ixigo AU Credit Card – by AU Small Finance Bank
✔ Zero forex markup
✔ Travel discounts & rewards
✔ Ideal for frequent travelers
3️⃣ Scapia Credit Card – by Federal Bank
✔ No foreign transaction fee
✔ Lifestyle + travel perks
✔ Popular among young professionals
4️⃣ Niyo Global Credit Card – by Niyo Solutions
✔ Zero forex markup
✔ FD-based options
✔ Best for long international stays
5️⃣ Uni YES Bank Credit Card – by YES Bank
✔ No forex charges
✔ Simple fee structure
✔ Digital-first experience
6️⃣ Burgundy Private Card – by Axis Bank
✔ Premium zero forex feature
✔ High-end travel privileges
✔ For high-income users
7️⃣ Vistara Explorer Card – by IndusInd Bank
✔ Zero forex markup
✔ Travel miles & rewards
✔ Premium frequent flyer card
Quick Comparison Table
| Card Type | Forex Fee | Best For |
|---|---|---|
| IDFC WOW | 0% | Beginners & students |
| Ixigo AU | 0% | Travelers |
| Scapia | 0% | Young professionals |
| Niyo Global | 0% | Long stays abroad |
| Uni YES | 0% | Simple usage |
| Axis Burgundy | 0% | Premium users |
| IndusInd Explorer | 0% | Frequent flyers |
How Much Can You Save?
| Overseas Spend | Normal Card | Zero Forex Card |
|---|---|---|
| ₹50,000 | ₹1,000–₹1,750 fee | ₹0 |
| ₹1,00,000 | ₹2,000–₹3,500 fee | ₹0 |
| ₹3,00,000 | ₹6,000–₹10,500 fee | ₹0 |
👉 Big savings every trip!
Why Zero Forex Cards Are Worth It
✔ No hidden fees
✔ Transparent spending
✔ Perfect for travel & online shopping
✔ Saves thousands yearly
✔ Often includes travel rewards
Things to Check Before Applying
ATM withdrawal charges abroad
Interest on cash withdrawals
Joining/annual fees
Reward structure
Key Takeaways
✔ Normal cards charge heavy forex fees
✔ Zero forex cards remove that cost
✔ Perfect for travelers & online buyers
✔ Big long-term savings
✔ Smart money move in 2026
FAQ Section
1. What is zero forex markup credit card?
A card with no foreign transaction fee.
2. How much do normal cards charge?
Around 2%–3.5%.
3. Are zero forex cards safe?
Yes, issued by regulated banks.
4. Do they work internationally?
Yes worldwide.
5. Are they free?
Some are lifetime free.
6. Is FD required for some cards?
Yes for easy approval options.
7. Can students apply?
Yes for FD-backed cards.
8. Do rewards still apply?
Many offer travel rewards.
9. Is ATM withdrawal free?
Usually no — fees apply.
10. Best card for beginners?
IDFC FIRST WOW & Niyo.
11. Best for frequent travel?
Ixigo AU & Scapia.
12. Worth switching?
Absolutely if you spend abroad.
Conclusion
If you spend internationally even once a year, zero forex markup credit cards are a smart financial upgrade.
They remove hidden charges, save thousands, and make global spending stress-free.
🌍 Travel smarter.
💳 Spend cleaner.
💰 Save instantly.
Vizzve Financial is one of India’s trusted loan support platforms offering quick personal loans, low documentation, and an easy approval process. Apply at www.vizzve.com.
Published on : 11th February
Published by : SMITA
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