Forex markup quietly taxes every overseas swipe. We picked the cards with the lowest markups — and the international perks to match — for travellers and global shoppers.
As of August 2026, the BOBCARD Scapia Credit Card leads our forex picks with 0% forex markup · ₹0 fee. We shortlisted 6 cards, each earning a distinct "Best for" verdict from MITC-sourced data — never paid placement.
Why we picked itThe best forex card in India — a genuine 0% markup on every overseas swipe, and lifetime-free so there is no annual cost to offset. Also earns 5% back as Scapia coins on travel bookings.
Why we picked itA second 0% forex option that earns Etihad Guest miles directly, with 12 lounge visits for international travel. The pick if you want airline miles rather than app coins on overseas spend.
Why we picked itA 1% forex markup paired with InterMiles on every spend and 16 lounge visits — earn airline miles while keeping overseas costs low.
Why we picked itA sub-1% forex markup plus MMT vouchers and lounge access — the pick if you book flights and hotels through MakeMyTrip and want low overseas costs too.
Why we picked itA lifetime-free card with a low 1.5% forex markup, a Priority Pass and 8 lounge visits. International travel perks with no annual cost.
Why we picked itA low 1.99% markup with non-expiring travel credits and international lounge access. Strong for frequent overseas flyers who redeem for airline miles.
| Card | Forex | Annual Fee | Best For | Welcome | Network | |
|---|---|---|---|---|---|---|
| BOBCARD Scapia Credit Card | 0% | ₹0 | forex markup · ₹0 fee | — | VISA | Apply |
| BOBCARD Etihad Guest Premium Credit Card | 0% | ₹5,000 | forex · Etihad miles | — | VISA | Apply |
| InterMiles Signature Credit Card | 1% | ₹0 | forex · InterMiles | — | VISA | Apply |
| MakeMyTrip ICICI Bank Credit Card | 0.99% | ₹999 | forex markup | ₹1,000 | Mastercard | Apply |
| IndusInd Tiger Credit Card | 1.5% | ₹0 | forex · ₹0 fee | — | VISA | Apply |
| SBI Miles Elite Credit Card | 1.99% | ₹4,999 | forex · non-expiring miles | ₹5,000 | Mastercard | Apply |
Every card is judged on four criteria. Picks live in code review — never influenced by affiliate payouts, and never ordered by a paid placement.
Forex markup quietly taxes every overseas swipe. We picked the cards with the lowest markups — and the international perks to match — for travellers and global shoppers.
The best forex card depends on where your money goes. Match the card's strongest rate to your biggest spending categories, and weigh the annual fee against the rewards you will realistically earn — not the headline number on the marketing page.
Shortlist two or three cards from the picks above and put them side-by-side with the compare tool before you apply. And whichever you choose, clear the statement in full each month — interest quickly outweighs any reward.