Federal Bank× ScapiaVisa
Scapia Federal Bank
Net savings₹11,573/yr
Savings rate1.8%
Annual feeFree for life
Lounge✈∞ dom
✓ Base rate 2% on other spends earns you about ₹10,133 a year on ₹5,06,640 of spend.
Collection · 13 cards · updated 2026-09-19
Zero forex markup credit cards in India
Forex markup of 1% or less on international spend (the industry default is 3.5% plus GST). Scored in rupees for the profile below – set up yours to re-rank.
Zero-forex cards (Sept 2026): 13 of 119 cards qualify – forex markup of 1% or less on international spend (the industry default is 3.5% plus GST). Best of them for this profile: Scapia Federal Bank (score 79, ₹11,573 net a year), then World Safari.
Standard profile
Scored for Zero-forex cards profile · ₹57k/monthBills paid in full · first-year offers shown separately · set up your profile to score cards for your own spend
Top 3
RBL BankMastercard
World Safari
Net savings₹6,053/yr
Savings rate1.0%
Annual feeYou pay ₹3,540
Lounge✈8 dom🌏8 intl
✓ Base rate 0.5% on other spends earns you about ₹2,533 a year on ₹5,06,640 of spend.
All 13 zero-forex cards
| # | Card | Score | Net savings / yr | Forex markup | Annual fee | Lounge |
|---|---|---|---|---|---|---|
| 1 | Scapia Federal BankFederal Bank | 79/100 | ₹11,573 1.8% rate | 0% no markup cost | Free for life | unlimited domestic/yr |
| 2 | World SafariRBL Bank | 58/100 | ₹6,053 1.0% rate | 0% no markup cost | You pay ₹3,540 | 8 domestic + 8 international/yr |
| 3 | ixigo AUAU Small Finance Bank | 48/100 | ₹2,772 0.4% rate | 0% no markup cost | Waived | 4 domestic/yr |
| 4 |  MayuraIDFC FIRST Bank | 45/100 | ₹2,389 0.4% rate | 0% no markup cost | You pay ₹7,079 | 12 domestic + 12 international/yr |
| 5 |  FIRST WOWIDFC FIRST Bank | 40/100 | ₹4,317 0.7% rate | 0% no markup cost | Free for life | No lounge access |
| 6 |  MakeMyTrip ICICI Bank SignatureICICI Bank | 47/100 | ₹2,882 0.5% rate | 0.99% −₹3,505/yr on your abroad spend | Waived | 8 domestic + 8 international/yr |
| 7 |  Zenith+AU Small Finance Bank | 36/100 | −₹2,569 -0.4% rate | 0.99% −₹3,505/yr on your abroad spend | You pay ₹5,899 | unlimited domestic + 4 international/yr |
| 8 |  HSBC PremierHSBC | 36/100 | −₹12,093 -1.9% rate | 0.99% −₹3,505/yr on your abroad spend | You pay ₹23,600 | unlimited domestic + unlimited international/yr |
| 9 |  MarqueeYes Bank | 59/100 | ₹6,533 1.0% rate | 1% −₹3,540/yr on your abroad spend | You pay ₹5,899 | unlimited domestic + 6 international/yr |
| 10 |  AshvaIDFC FIRST Bank | 55/100 | ₹4,668 0.7% rate | 1% −₹3,540/yr on your abroad spend | Waived | 8 domestic + 8 international/yr |
| 11 |  HSBC TravelOneHSBC | 38/100 | −₹2,870 -0.5% rate | 1% −₹3,540/yr on your abroad spend | You pay ₹5,899 | 6 domestic + 4 international/yr |
| 12 |  OlympusAxis Bank | 36/100 | −₹6,528 -1.0% rate | 1% −₹3,540/yr on your abroad spend | You pay ₹23,600 | unlimited domestic + unlimited international/yr |
| 13 |  OneCardOneCard (SBM / partner banks) | 27/100 | −₹1,675 -0.3% rate | 1% −₹3,540/yr on your abroad spend | Free for life | No lounge access |
Ranked by the open CardLens engine: rewards at realistic redemption value + milestones + waivers − fee incl. 18% GST − forex, for the spend profile stated above. Figures are estimates from public issuer terms – verify on the issuer page before applying. How the score works →
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Frequently asked questions
Which credit card has zero forex markup?
Scapia Federal Bank, RBL Bank World Safari, AU Small Finance Bank ixigo AU, IDFC FIRST Bank Mayura, IDFC FIRST Bank FIRST WOW charge 0% forex markup. MakeMyTrip ICICI Bank Signature 0.99%, Zenith+ 0.99%, HSBC Premier 0.99% are close. On ₹25,000 a month abroad a 3.5% card costs about ₹12,400 a year including GST.
Are these scores the same as on the card pages?
Scores depend only on the profile, never on filters. This page uses a profile tuned to the collection (stated above), so scores can differ from the standard-profile ones on /cards.