Best Zero Forex Credit Cards in India
Updated March 2026 · 15 cards evaluated
Most Indian credit cards charge 3.5% forex markup + 18% GST on that markup = 4.13% on every international transaction. Zero forex cards eliminate this entirely.
Quick Answer
The best card in this category is Scapia Federal Credit Card (Score: 8.7/10) — lifetime free, up to 10% rewards. Runner-up: IDFC FIRST Diamond Reserve Credit Card (9.0/10).
Federal Bank · Lifetime Free · Up to 10% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
IDFC FIRST · ₹3,000/yr · Up to 10% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
IDFC FIRST · ₹5,999/yr · Up to 10% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
Kotak · ₹25,000/yr · Up to 10% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
Uni · Lifetime Free · Up to 7% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
AU Small Finance Bank · ₹2,999/yr · Up to 5% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
AU Small Finance Bank · Lifetime Free · Up to 5% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
Axis · ₹20,000/yr · Up to 5% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
Federal Bank · Lifetime Free · Up to 5% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
RBL · ₹7,000/yr · Up to 5% rewards
Zero forex markup — saves ₹4,130/yr on 1L intl spend
How We Ranked These Cards
We evaluated 15 cards matching this category criteria, scored them using the CardTrail Score methodology (net value, feature depth, bank trust, accessibility), and ranked by relevance. All data is from official bank sources, verified March 2026.