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Unlock big savings with a zero-forex credit card on your next trip abroad

Key Takeaways

A zero-forex credit card helps you save 1–3.5% on every international transaction by removing forex markup fees.
Choosing the right zero-forex markup credit card ensures transparency, predictable travel budgets, and higher reward efficiency.
With smart usage, zero-forex markup cards turn travel into a rewarding experience through savings, rewards, and flexible redemption options.

16 Jan 2026 by Team FinFIRST

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Ever returned from an international trip and felt shocked by your credit card bill because of foreign transaction fees you didn’t even realise existed? You’re not alone.

Whether it’s swiping for a shopping spree in Paris or booking a hotel in Bali, a zero-forex credit card could save you thousands of hidden charges. And with these cards gaining popularity in India, smart travellers are ditching traditional options in favour of those that offer transparency, savings, and global ease. Add to that, the bonus of greater reward redemption value, and international travel in 2025 just got a lot more affordable and rewarding.

So, here’s how you can travel smarter, spend wiser, and unlock more value every step of the way.

Get the coolest offers on movie tickets with FIRST Select Credit Card

Best credit card for lounge access: Elevate your travel with luxurious perks

What is the meaning of zero-forex markup credit cards?

Every time you swipe your credit card abroad or make a payment on an international website, you’re not just paying for the purchase, you’re also paying for the privilege of spending in a foreign currency. This is called forex markup, and it’s a fee that’s quietly added to your bill without you even noticing.

Most traditional credit cards in India charge between 1% to 3.5% forex markup on every international transaction. That means if you spend ₹1,00,000 on hotels, shopping, or dining while travelling, you could end up paying an additional ₹3,500 just in fees. And that doesn’t even include GST.

This is where zero-forex credit cards come in. These cards eliminate the forex markup entirely: you pay only for what you spend, without international transaction fees eating into your budget. Whether you’re a frequent flyer or planning your dream holiday, switching to a zero-forex markup credit card in India is one of the smartest money moves you can make in 2025.

Zero-forex cards vs traditional cards: A smart comparison

Think your regular credit card is good enough for overseas spending? You might want to think again. When it comes to international travel, the difference between a zero-forex credit card and a regular one can mean thousands saved, or lost.

Here's a side-by-side look at how these cards stack up.

Parameter	Zero-forex credit card	Standard credit card
Forex markup fee	This fee is zero, though other transaction-related fees might apply depending on the merchant	1% to 3.5% + GST on every foreign currency transaction
Transparency of charges	Clear, upfront pricing	Often hidden or poorly communicated
Total cost of international spend	What you spend is what you pay	Higher than actual spend due to added markup
Reward optimization	Full value of spends goes into earning travel rewards	Forex fee reduces actual reward efficiency
Control over travel budget	Easier to plan and manage	Harder to estimate total spend due to hidden fees
Card options in India	Options from IDFC FIRST Bank include the FIRST WOW! Credit Card, Mayura Credit Card, and FIRST WOW! Black Credit Card	Standard credit cards from most banks

Choosing a zero-forex markup card in India doesn’t just save you money, it gives you better control, more value, and a smarter way to travel in 2025.

Zero-forex isn’t zero cost: Watch for these charges

A zero-forex card protects you from markup, but some charges may still apply. Here are a few to keep your eye on:

ATM withdrawal fees: Extra charges for cash withdrawals abroad.
Dynamic Currency Conversion (DCC): Merchants may charge more if you pay in INR instead of the local currency of the country that you are in. Hence, to save on extra fees, always select the “Local Currency” option at checkout.
GST and late fees: Applicable on interest or delayed payments.

Top zero-forex credit cards from IDFC FIRST Bank

If you’re looking to avoid hefty forex fees without compromising on rewards or convenience, IDFC FIRST Bank has three strong zero-forex credit card options to suit different kinds of travellers:

1. FIRST WOW! Credit Card

Ideal for beginners such as students, first jobbers, and homemakers, it’s a lifetime-free assured credit card that doesn’t require a credit score, as it is backed by a minimum fixed deposit (FD) of ₹20,000.

2. FIRST WOW! Black Credit Card

The FIRST WOW! Black Credit Card is perfect for those who want premium perks with the security of an FD-backed card. It comes with a joining/annual fee of ₹750 + GST, travel rich benefits, and the power of two networks, and requires a minimum FD of ₹5,000, making it both accessible and rewarding.

3. Mayura Credit Card

This is a premium metal credit card designed for seasoned and aspirational travellers. With an annual/joining fee of ₹5,999 + GST, it offers an exclusive travel and lifestyle experience, complete with high-value rewards and luxury privileges.

Whether you’re just starting your financial journey or looking to elevate your international travel with premium benefits, IDFC FIRST Bank’s zero-forex markup credit card range ensures there’s a smart choice for every traveller.

Compare the best zero-forex credit cards in India

Whether you want simplicity, balanced value, or top-tier luxury, all three zero-forex credit cards from IDFC FIRST Bank cater to different travel goals. Here’s how they stack up side by side:

Parameter

FIRST WOW! Credit Card

FIRST WOW! Black Credit Card

Mayura Credit Card

Welcome benefits

Lenskart Gold Max membership for one year (worth ₹800)

₹500 off on your next travel booking done through the IDFC FIRST Bank Mobile Banking App

3-month complimentary Eazydiner Prime membership

10% instant discount on Mokobara

Up to ₹800 off on MakeMyTrip

5% cashback of up to ₹1,000 on the transaction value of the first EMI done within 30 days of card generation

4,000 reward points on joining + up to 8,000 bonus points in the first three months

Reward points

4 on spends and 1 on insurance and utility, where 1 reward point = ₹0.25

10 on spends above ₹20,000

5 on spends up to ₹20,000

3 on rent, education, government, and wallet load

1 on utilities and insurance

Here, 1 reward point = ₹0.25

Bonus rewards

50 bonus reward points (16.7% value back) on hotels, 30 bonus reward points (10% value back) on flights on bookings via the Travel & Shop on the IDFC FIRST Bank Mobile Banking App

1 reward point = ₹0.50

50 bonus reward points (16.7% value back) on hotels, 30 bonus reward points (10% value back) on flights on bookings via the Travel & Shop on the IDFC FIRST Bank Mobile Banking App

Lounge access

One domestic access per quarter on monthly spending of ₹20,000 and above

Four complimentary visits (with one guest) to the domestic lounge + four visits to international lounges per year on monthly spending of ₹20,000 and above

Cancel For Any Reason (CFAR)

CFAR of up to ₹10,000 twice yearly (flights/hotels)

CFAR of up to ₹50,000 twice yearly (flights/hotels)

Lifestyle perks

25% off (up to ₹100) monthly on movie tickets booked via the District by Zomato app

Up to 24 complimentary golf sessions/lessons in a year

Buy-one-get-one movie tickets (up to ₹500 off) twice a month via the District by Zomato app

UPI access

UPI-enabled with add-on FIRST Digital RuPay Credit Card (₹199 + GST)

UPI-enabled with a complimentary FIRST Digital RuPay Credit Card

UPI-enabled with add-on FIRST Digital RuPay Credit Card (₹199 + GST)

Find your perfect travel card match from IDFC FIRST Bank

1. FIRST WOW! Credit Card: Great for beginners, backed by FD, lifetime-free.

2. FIRST WOW! Black Credit Card: Affordable annual fee with premium benefits and FD security.

3. Mayura Credit Card: Premium metal card for luxury travellers seeking high-value rewards.

Taking travel rewards further: Bonus travel reward points

One of the biggest advantages of choosing a zero-forex credit card from IDFC FIRST Bank is how much further your travel spends can take you.

Both the Mayura Credit Card and the FIRST WOW! Black Credit Card come with special bonus reward opportunities that can turn everyday bookings into exceptional savings. And with an enhanced redemption value of up to ₹0.50 per reward point, these bonuses carry even greater weight for frequent travellers.

1. Mayura Credit Card

With the Mayura Credit Card, you can earn up to 25,000 bonus reward points every month: 50 on hotel bookings and 30 on flight bookings.

For example, a ₹20,000 hotel booking via the Travel & Shop section of the IDFC FIRST Bank Mobile Banking App earns you 10,000 reward points worth ₹5,000. Similarly, flight bookings worth ₹30,000 add up to 6,000 reward points worth ₹3,000. That’s ₹8,000 saved on just two bookings!

2. FIRST WOW! Black Credit Card

The FIRST WOW! Black Credit Card offers a similar structure through TripStacc, with 50 points on hotels and 30 on flights.

This means a ₹15,000 hotel booking nets 7,500 points worth ₹3,750, and a ₹20,000 flight adds 4,000 points worth ₹2,000. Together, that’s ₹5,750 in savings on one trip.

Together, these benefits ensure that every international spend delivers far greater value for your money.

How to maximise your zero-forex credit card

Getting a zero-forex credit card is only the first step, using it smartly can unlock even more savings and rewards when you travel abroad. Here are some simple ways to make the most of it:

1. Book travel through the right platforms

Use the IDFC FIRST Bank Mobile Banking App’s Travel & Shop section to earn bonus points on your Mayura Credit Card and FIRST WOW! Black Credit Card.

2. Always pay in local currency

Avoid Dynamic Currency Conversion (DCC) at foreign merchants, which often adds hidden charges.

3. Track your spending in real time

Set up app alerts and monitor transactions to stay within budget and catch errors quickly.

4. Redeem points for maximum value

Choose flights or hotels where reward points carry a higher redemption rate, giving you more for less.

5. Carry a backup option

Keep a second card handy for emergencies or if one gets blocked, ensuring uninterrupted payments abroad.

Why choose IDFC FIRST Bank for zero-forex credit cards

A zero-forex credit card helps you eliminate hidden international transaction fees, but the real value comes from choosing a bank that amplifies those savings with added benefits. Picking the right provider ensures that your card not only saves you money abroad but also supports your lifestyle, rewards, and financial flexibility throughout the year.

That’s where IDFC FIRST Bank Credit Cards make a difference: offering zero-forex options for travel abroad, while also providing features that make everyday spending smarter and more rewarding.

Here are some of their stand out features:

Up to 10 reward points that never expire and can be instantly redeemed
100% digital onboarding with quick card issuance
A range of credit cards to suit your spending habits
Attractive offers across 300+ merchants
Dynamic APRs to make the charges pocket-friendly
Lifestyle benefits, such as movie ticket offers, complimentary airport lounge access, and more
Interest-free cash withdrawals
EMI conversion facility for easy bill repayments
Easy money tracking with the IDFC FIRST Bank Mobile Banking App that offers full visibility and control of your card
A trusted banking partner in IDFC FIRST Bank, which has been ranked amongst the World’s Best Banks 2025 by Forbes and Statista

With a zero-forex markup credit card from IDFC FIRST Bank, you can not only save on your trips, but also enjoy a suite of features that make every rupee go further. Apply today and experience the smarter way to travel in 2025.

Frequently Asked Questions

Is a zero-forex credit card better than carrying cash abroad?

Yes, a zero-forex credit card is safer, more convenient, and rewards your spending, unlike cash, which carries theft risks and earns nothing while travelling abroad.

How is a zero-forex credit card different from a prepaid forex card?

Unlike prepaid forex cards, a zero-forex credit card directly charges in the foreign currency, avoids reloading hassles, and also earns reward points on international transactions.

Are zero-forex markup cards from India widely accepted abroad?

Yes, zero-forex markup cards from India are widely accepted at international merchants, hotels, and ATMs. Backed by popular global payment networks, they ensure seamless use across most travel destinations.

Do zero-forex credit cards also save on online international purchases?

Yes, a zero-forex credit card saves on purchases made on global platforms like Amazon Global, Agoda, or Udemy, by removing forex markup fees from your transactions.

Is there an eligibility requirement for zero-forex markup cards?

Yes, eligibility for zero-forex markup cards depends on the card type, some require FDs, while others consider your credit score, income, or employment status. Always check the individual card’s page for specific eligibility details.

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirst.bank.in for latest updates.