Beat Forex Fees: Best Credit Cards that offset mark-up fee with Rewards

[SonyTom]

Can't use a credit card for cash withdrawals. Guess it attracts lot of interest

Thats why he wrote “interest free”

 

[sourpai]

Can't use a credit card for cash withdrawals. Guess it attracts lot of interest

If you are only guessing then doing some more research on your part might help

"Interest free" cash withdrawals is a feature of all IDFC credit cards. Zero forex specifically applies for IDFC WoW and Mayura

 

[NikhilG]

If you are only guessing then doing some more research on your part might help

"Interest free" cash withdrawals is a feature of all IDFC credit cards. Zero forex specifically applies for IDFC WoW and Mayura

Okay I missed the interest free part. The first thing I was told 15 years was to never use it in atm. With interest it also attracts other thing. Right now I have idfc first select credit card. Which one of idfc wow or maurya is easily ltf?

 

[Anindya98]

you cannot rely on single card...I read all the threads on this forum and common consensus is to opt for following 2 cards..I took these 2 cards on my recent foreign trips and did not face any issue.
1. Indusind exclusive DC (Primary)
2. Niyo DCB (Backup)

How was your Niyo DCB experience & charges for withdrawals?

Can't use a credit card for cash withdrawals. Guess it attracts lot of interest

IDFC All CC cash withdrawals have an interest-free period. Only one time withdrawal fee is charged.
As mentioned by @sourpai get IDFC Wow or Mayura for 0 Forex

 

[Anindya98]

Okay I missed the interest free part. The first thing I was told 15 years was to never use it in atm. With interest it also attracts other thing. Right now I have idfc first select credit card. Which one of idfc wow or maurya is easily ltf?

Pls kindly DYOR, these are all silly questions. IDFC WOW is LTF since the launch, and Mayura will be paid unless you have 1- 2Cr in IDFC.

I don't see the point of chasing LTF cards once you've reached a certain stage in your credit card journey. Paid cards typically offer far better rewards and benefits compared to entry-level LTF cards. It's important to value your spending—saving a small amount on the annual fee doesn't necessarily give you better value. Just compare the returns from a paid card versus an LTF card when spending the same amount in the same category. The obsession with LTF cards is puzzling to me, unless you're just starting out or holding a specific card for instant discount offers from certain banks.

 

[NikhilG]

N

Pls kindly DYOR, these are all silly questions. IDFC WOW is LTF since the launch, and Mayura will be paid unless you have 1- 2Cr in IDFC.

I don't see the point of chasing LTF cards once you've reached a certain stage in your credit card journey. Paid cards typically offer far better rewards and benefits compared to entry-level LTF cards. It's important to value your spending—saving a small amount on the annual fee doesn't necessarily give you better value. Just compare the returns from a paid card versus an LTF card when spending the same amount in the same category. The obsession with LTF cards is puzzling to me, unless you're just starting out or holding a specific card for instant discount offers from certain banks.

IMHO no question is silly and it's not expected everyone to know everything. I have seen your posts and treat you quite knowledgeable around this area but expect you to be humble as well in your responses.

 

[helloworld]

If you are only guessing then doing some more research on your part might help

"Interest free" cash withdrawals is a feature of all IDFC credit cards. Zero forex specifically applies for IDFC WoW and Mayura

Thats why he wrote “interest free”

FYI, its 236rs for every 10000 withdrawl in IDFC. Its "interest free" true but also it costs 2.36% and I belive that is same for even wallet load with any credit card not only specific to IDFC.

So, its not really a standout feature in IDFC, IMo.

 

[sourpai]

FYI, its 236rs for every 10000 withdrawl in IDFC. Its "interest free" true but also it costs 2.36% and I belive that is same for even wallet load with any credit card not only specific to IDFC.

So, its not really a standout feature in IDFC, IMo.

Why 10,000? I have personally withdrawn 30k in one go. There is no such limit.

If You can withdraw more than 23.6k equivalent INR at the beginning of trip then charges are 1% or less which can be easily recovered via cc billpay cashback.