M16S / Credit cards with low forex markup
146 cards
Credit cards with low forex markup
146 credit cards in India with a forex markup of 2% or less, from 28 banks. 113 are open to new applicants. Sorted by annual fee, lowest first, with closed and invite-only cards last.
Included when the forex markup on foreign-currency spends is 2% or less, before GST.
Narrow this list: Lifetime free credit cards with low forex markup
| Card | Annual fee | Base return | Forex | Lounge in India |
|---|---|---|---|---|
AU CA Metal Credit CardAU Small Finance Bank | Free | 0.5% | 1.99% | 2 per calendar quarter |
AU CS Credit CardAU Small Finance Bank | Free | 0.5% | 1.99% | 2 per calendar quarter |
AU NOMO Credit CardAU Small Finance Bank | Free | 0.5% | 0.99% | 2 airport lounge visits per… |
Amazon Pay ICICI Bank Credit CardICICI Bank | Free | 1% | 1.99% | — |
 Bank of Baroda BOBCARD Scapia Credit CardBank of Baroda | Free | — | 0% | Unlimited domestic lounge… |
Bank of Baroda BOBCARD Uni GoldXBank of Baroda | Free | — | 0% | — |
 Bank of Baroda CMA One BOBCARDBank of Baroda | Free | 0.25% | 2% | 12 per year (3 per quarter) at… |
 Bank of Baroda ICAI Exclusive BOBCARDBank of Baroda | Free | 0.25% | 2% | 12 per year (3 per quarter) |
 Bank of Baroda ICSI Diamond BOBCARDBank of Baroda | Free | 0.25% | 2% | 12 per year (3 per quarter) at… |
| Free | 0.2% | 1% | — | |
City Union CUB Dhi FD Backed / Campus Credit CardCity Union Bank | Free | — | 0% | — |
City Union CUB Kavach Secured Credit CardCity Union Bank fees only | Free | — | 2% | — |
| Free | 1% | 2% | — | |
DCB Niyo Global Credit CardDCB Bank | Free | — | 0% | — |
Federal Celesta Credit CardFederal Bank | Free | 0.25% | 2% | 2 per quarter (spend-gated) |
Federal One Credit Card (OneCard)Federal Bank | Free | 0.2% | 1% | — |
 IDFC Business Multiplier Credit CardIDFC First Bank | Free | 1.25% | 0% | Complimentary (count not stated) |
IDFC FIRST Classic Credit CardIDFC First Bank | Free | 0.38% | 0% | — |
IDFC FIRST Millennia Credit CardIDFC First Bank | Free | 0.38% | 0% | — |
IDFC FIRST Select Credit CardIDFC First Bank | Free | 0.38% | 0% | 1 per quarter |
 IDFC FIRST WOW! Credit CardIDFC First Bank | Free | 0.5% | 0% | — |
 IDFC FIRST Wealth Credit CardIDFC First Bank | Free | 0.38% | 0% | 1 per quarter |
IDFC LIC Classic Credit CardIDFC First Bank | Free | 0.6% | 0% | 1 per quarter (aggregator page… |
IDFC LIC Select Credit CardIDFC First Bank | Free | 1% | 0% | 2 per quarter |
 IDFC Quantum+ Credit CardIDFC First Bank | Free | 1% | 0% | — |
| Free | — | 1% | — | |
Indian Overseas IOB SalarySe Rise UP RuPay Platinum Credit CardIndian Overseas Bank | Free | — | 2% | — |
 IndusInd Legend Credit CardIndusInd Bank | Free | 0.5% | 1.8% | — |
IndusInd Tiger Credit CardIndusInd Bank | Free | 0.4% | 1.5% | 2 per calendar quarter (8 a year) |
J&K Bank Platinum Privilege Credit CardJammu and Kashmir Bank | Free | — | 1.99% | 1 per quarter |
 Kotak 811 Dream Different Credit CardKotak Mahindra Bank | Free | 0.2% | 2% | — |
Kotak Mahindra Kotak811 Super Money Credit CardKotak Mahindra Bank | Free | 1% | 2% | — |
Niyo SBM Global Credit CardSBM Bank India | Free | 0% | 0% | — |
RBL World Xclusive Credit CardRBL Bank fees only | Free | — | 1.5% | — |
SBM OneCard Credit CardSBM Bank India | Free | — | 1% | — |
Scapia Axis Bank Credit CardAxis Bank | Free | 2% | 0% | Unlimited at 100+ airports in… |
Scapia Federal Credit CardFederal Bank | Free | 2% | 0% | Unlimited (spend-gated) |
South Indian SIB One Co-Branded Credit Card (SIB OneCard)South Indian Bank | Free | 0.2% | 1% | — |
South Indian Secured SIB One Co-Branded Credit CardSouth Indian Bank | Free | 0.2% | 1% | — |
YES BANK Niyo Credit CardYes Bank | Free | 0.2% | 0% | — |
Yes AI Inside Credit CardYes Bank fees only | Free | — | 0% | — |
 ixigo AU Credit CardAU Small Finance Bank | Free | 2.5% | 0% | 8 airport lounge visits per… |
slice UPI credit card (slice super card)Slice Small Finance Bank | Free | 1% | 0% | — |
IDFC FIRST Digital RuPay (virtual UPI card)IDFC First Bank | Rs 199 | — | 0% | — |
 IDFC FIRST Power (HPCL) Credit CardIDFC First Bank | Rs 199 | — | 0% | — |
| Rs 499 | 1% | 0% | Up to 2 per quarter | |
 IDFC FIRST EARN Credit CardIDFC First Bank | Rs 499 | 0.5% | 0% | — |
 IDFC FIRST Power+ (HPCL) Credit CardIDFC First Bank | Rs 499 | 0.5% | 0% | 1 per quarter |
IDFC FIRST SWYP Credit CardIDFC First Bank | Rs 499 | — | 0% | — |
YES BANK Uni Credit CardYes Bank | Rs 499 | 1% | 0% | — |
| Rs 500 | 1% | 1% | 12 per year (1 per billing… | |
 IDFC FIRST WOW! Black Credit CardIDFC First Bank | Rs 750 | 1.33% | 0% | 1 per quarter (4 per year) |
AU ABC Pro Credit CardAU Small Finance Bank | Rs 999 | — | 1.99% | 2 domestic lounge visits per… |
| Rs 999 | 1.5% | 1.99% | 2 per year | |
 MakeMyTrip ICICI Bank Credit CardICICI Bank | Rs 999 | 1% | 0.99% | 2 per quarter |
YES First Business Credit CardYes Bank | Rs 999 | 1% | 2% | 2 per quarter (spend-gated) |
IDFC Hello Cashback Credit CardIDFC First Bank | Rs 1,000 | 1% | 0% | — |
| Rs 1,000 | 0.25% | 0% | 1 per calendar quarter | |
HDFC Tata Neu Infinity Credit CardHDFC Bank | Rs 1,499 | 1.5% | 2% | Up to 8 per calendar year: 2… |
Tata Neu Infinity SBI Credit CardState Bank of India (SBI Card) | Rs 1,499 | 1.5% | 1.99% | 8 per year, 2 per quarter |
J&K Bank Eminent Credit CardJammu and Kashmir Bank | Rs 1,500 | — | 1.99% | 2 per quarter |
SBI Card PRIME NRI SecuredState Bank of India (SBI Card) fees only | Rs 1,500 | — | 1.99% | — |
Punjab National Luxura Metal Credit Card (Visa Infinite)Punjab National Bank | Rs 1,999 | 1% | 0% | Unlimited |
Bandhan Flare Credit CardBandhan Bank | Rs 2,499 | 1.25% | 1.99% | 4 per calendar quarter (16 a year) |
 Bank of Baroda BOBCARD EternaBank of Baroda | Rs 2,499 | 0.75% | 2% | Unlimited domestic airport… |
 Bank of Baroda BOBCARD TiaraBank of Baroda | Rs 2,499 | 0.75% | 2% | Unlimited domestic airport… |
Bank of Baroda Indian Navy Varunah Premium BOBCARDBank of Baroda | Rs 2,499 | 0.75% | 2% | Unlimited domestic lounge… |
YES Reserv Credit CardYes Bank | Rs 2,499 | 1.5% | 2% | 3 per quarter (spend-gated) |
Bank of Baroda BOBCARD Etihad GuestBank of Baroda | Rs 2,500 | — | 1% | 8 per year (2 per quarter) |
HDFC BizPower Credit CardHDFC Bank | Rs 2,500 | 1.25% | 2% | 2 per calendar quarter (up to 8… |
 HDFC Regalia Gold Credit CardHDFC Bank | Rs 2,500 | 1.25% | 2% | 12 per year in India: 3 per… |
 IDFC Ashva Credit CardIDFC First Bank | Rs 2,999 | 1.33% | 0% | 4 per quarter |
 IDFC Diamond Reserve Credit CardIDFC First Bank | Rs 3,000 | 0.5% | 0% | 2 per quarter |
Kotak Air+ Credit CardKotak Mahindra Bank | Rs 3,000 | 2% | 2% | 4 per calendar year, max 2 per… |
Kotak Air+ Prime Credit CardKotak Mahindra Bank | Rs 3,000 | 2% | 2% | 4 per year, max 2 per calendar… |
RBL World Safari Credit CardRBL Bank | Rs 3,000 | — | 0% | 2 per quarter |
RBL iGlobe Credit CardRBL Bank | Rs 3,000 | — | 1.5% | 2 per calendar quarter |
Kotak Solitaire Business Credit CardKotak Mahindra Bank | Rs 3,499 | 0.67% | 1.99% | 1 per quarter |
Axis Executive Corporate Credit CardAxis Bank | Rs 3,500 | 0.4% | 2% | 4 per quarter at airports in India |
City Union CUB CSK Master World Credit CardCity Union Bank | Rs 4,000 | 1% | 0% | Airport lounge access is… |
City Union CUB SRH Master World Credit CardCity Union Bank | Rs 4,000 | 1% | 0% | Airport lounge access is… |
AU Traverse (NRI) Credit CardAU Small Finance Bank | Rs 4,999 | — | 0.99% | 2 complimentary domestic or… |
 AU Zenith+ Credit CardAU Small Finance Bank | Rs 4,999 | 1% | 0.99% | 16 per year (4 per quarter) |
 Bank of Maharashtra SBI Card ELITEState Bank of India (SBI Card) | Rs 4,999 | 0.5% | 1.99% | 2 per quarter |
IndiGo IDFC FIRST Dual CardIDFC First Bank | Rs 4,999 | — | 0% | — |
KVB SBI Card ELITEState Bank of India (SBI Card) | Rs 4,999 | 0.5% | 1.99% | 2 per quarter |
PSB SBI Card ELITEState Bank of India (SBI Card) | Rs 4,999 | 0.5% | 1.99% | 2 per quarter |
 SBI Card ELITEState Bank of India (SBI Card) | Rs 4,999 | 0.5% | 1.99% | 2 per quarter (8 per year) |
SBI Card ELITE AdvantageState Bank of India (SBI Card) | Rs 4,999 | 0.5% | 1.99% | 2 per quarter |
 SBI Card MILES ELITEState Bank of India (SBI Card) | Rs 4,999 | 1% | 1.99% | 8 per year, max 2 per quarter;… |
UCO Bank SBI Card ELITEState Bank of India (SBI Card) | Rs 4,999 | 0.5% | 1.99% | 2 per quarter |
YES Marquee Credit CardYes Bank | Rs 4,999 | 2.25% | 1% | 6 per quarter (spend-gated) |
Bank of Baroda BOBCARD Etihad Guest PremiumBank of Baroda | Rs 5,000 | — | 0% | 12 per year |
Equitas PowerMiles Credit CardEquitas Small Finance Bank | Rs 5,000 | 1.5% | 2% | 2 per calendar quarter (select… |
IndusInd Avios Visa Infinite Credit CardIndusInd Bank | Rs 5,000 | — | 1.5% | 2 per calendar quarter |
 Standard Chartered Ultimate Credit CardStandard Chartered | Rs 5,000 | 3.33% | 2% | 4 complimentary visits per… |
 IDFC Mayura Credit CardIDFC First Bank | Rs 5,999 | 1.67% | 0% | 4 per quarter, including 1… |
| Rs 6,000 | 1% | 0% | 2 per calendar quarter | |
| Rs 7,000 | — | 1.5% | 2 per calendar quarter | |
Punjab National Luxura Metal Credit Card (RuPay Ekaa)Punjab National Bank | Rs 7,500 | 1% | 0% | Unlimited for the cardholder |
Bandhan Lumina Credit CardBandhan Bank | Rs 9,999 | 2% | 1% | 8 per calendar quarter at… |
| Rs 10,000 | 3.33% | 2% | Unlimited, primary and add-on | |
| Rs 10,000 | 3.33% | 2% | Unlimited, primary and add-on… | |
 IndusInd Indulge Credit CardIndusInd Bank | Rs 10,000 | 1.5% | 1.8% | Aggregator: 6 per quarter on Rs… |
 ICICI Emeralde Credit CardICICI Bank | Rs 12,000 | 1% | 2% | Unlimited, primary cardholder |
Axis Magnus Credit CardAxis Bank | Rs 12,500 | 2.4% | 2% | Unlimited visits to select… |
Kotak White Reserve Credit CardKotak Mahindra Bank | Rs 12,500 | — | 2% | Unlimited for primary and add-on |
RBL Nova Credit CardRBL Bank | Rs 12,500 | 2% | 2% | 12 per year |
| Rs 20,000 | 3% | 0.99% | Unlimited for cardholder | |
Karur Vysya KVB Eternis Credit CardKarur Vysya Bank | Rs 29,999 | 2% | 0% | — |
Axis Magnus for Burgundy Credit CardAxis Bank | Rs 30,000 | 4.8% | 2% | Unlimited for primary and… |
| Rs 1,10,000 | 1% | 0% | Unlimited | |
 IDFC Micro Enterprise Credit CardIDFC First Bank fees only | — | — | 0% | — |
 IndusInd Duo / Duo Plus (debit-cum-credit) Credit CardIndusInd Bank closed to new applicants | Free | 0.33% | 2% | — |
 IndusInd Pioneer Legacy Credit CardIndusInd Bank invite-only | Free | 1% | 1.8% | 1 per calendar quarter; from… |
| Free | — | 2% | — | |
 Edge Federal Bank Visa Credit Card (Jupiter)Federal Bank closed to new applicants | Rs 999 | 0.4% | 2% | 1 per 3 months (spend-gated,… |
YES First Preferred Credit CardYes Bank closed to new applicants | Rs 999 | 1% | 2% | Spend-gated; visit count not found |
| Rs 2,500 | — | 2% | — | |
Central Bank of India SBI Card ELITEState Bank of India (SBI Card) closed to new applicants fees only | Rs 4,999 | — | 1.99% | — |
Equitas PowerMiles Secured Credit CardEquitas Small Finance Bank invite-only | Rs 5,000 | 1.5% | 2% | — |
SBI Card AURUMState Bank of India (SBI Card) invite-only | Rs 9,999 | 1% | 1.99% | 4 per quarter |
| Rs 10,000 | — | 1.8% | — | |
 HDFC Diners Club Black Credit CardHDFC Bank closed to new applicants | Rs 10,000 | 3.33% | 2% | Unlimited, primary and add-on… |
 IndusInd Indus Solitaire Credit CardIndusInd Bank invite-only | Rs 10,000 | 0.5% | 0% | 4 per quarter via the card;… |
YES Private Credit CardYes Bank invite-only | Rs 10,000 | 2.5% | 0.5% | Unlimited, no spend condition |
| Rs 10,000 | — | 0.5% | — | |
| Rs 12,000 | — | 2% | — | |
 ICICI Emeralde Private Metal Credit CardICICI Bank invite-only | Rs 12,499 | 3% | 2% | Unlimited, primary and add-on |
 HDFC Infinia Metal Edition Credit CardHDFC Bank invite-only | Rs 12,500 | 3.33% | 2% | Unlimited in India, primary and… |
 IDFC Gaj Credit CardIDFC First Bank invite-only | Rs 12,500 | 3.33% | 0% | 4 per quarter, including 1… |
Axis Olympus Credit CardAxis Bank invite-only | Rs 20,000 | 4% | 1.8% | Unlimited for primary and… |
ICICI Times Black Credit CardICICI Bank invite-only | Rs 20,000 | 2% | 1.49% | Unlimited, primary and add-on |
 IDFC FIRST Private Credit CardIDFC First Bank invite-only | Rs 25,000 | 6.67% | 0% | Unlimited for primary and add-on |
 IndusInd Pioneer Heritage Credit CardIndusInd Bank invite-only | Rs 25,000 | 1% | 0% | Unlimited (erstwhile variant: 2… |
 IndusInd Pioneer Private Credit CardIndusInd Bank invite-only | Rs 25,000 | 3% | 0% | Unlimited for primary and… |
Kotak Solitaire Credit CardKotak Mahindra Bank invite-only | Rs 25,000 | 3% | 0% | Unlimited for primary and add-on |
 Standard Chartered Beyond Credit CardStandard Chartered invite-only | Rs 25,000 | 3.33% | 2% | Unlimited for the cardholder… |
 Axis Reserve Credit CardAxis Bank invite-only | Rs 50,000 | 3% | 1.5% | Unlimited domestic lounge… |
DBS Vantage Credit CardDBS Bank India invite-only | Rs 50,000 | 2% | 0% | Unlimited, primary cardholder only |
RBL Lumiere Credit CardRBL Bank invite-only | Rs 50,000 | 2% | 0% | Unlimited for primary… |
Axis Burgundy Private Credit CardAxis Bank invite-only | Rs 1,00,000 | 6% | 0% | Unlimited for primary and… |
Axis Primus Credit CardAxis Bank invite-only | Rs 3,00,000 | 5% | 0% | Unlimited for primary and… |
| — | — | 0% | 1 per quarter (aggregator) | |
| — | — | 0% | Complimentary lounge access… | |
| — | — | 0% | — |
Guides: Zero forex credit cards and forex markup: what Indian cards charge abroad