Best Credit cards for International Transactions and Travel - Guide

[Avatar Aang]

@Fini7777 please elaborate how the return on amex cards is 10%?

 

[Fini7777]

@Fini7777 please elaborate how the return on amex cards is 10%?

Possible by reaching all the milestones and using best redemption options

Use the AMEX ROI calc provided in one of my threads

 

[Avatar Aang]

Possible by reaching all the milestones and using best redemption options

Use the AMEX ROI calc provided in one of my threads

But in your post you mentioned that Milestone bonuses haven't been considered. You might consider editing that and add another column for spend bases milestones.
Still I think 10% is a bit too much for amex. AFAIK on Plat travel you get total of 48K points on 4L spends. Considering the average value of 1 MR points= 60p, we get 7.2% value back. Now the forex charge on plat travel is 3.5%+GST the effective value back is 3%.

 

[Fini7777]

But in your post you mentioned that Milestone bonuses haven't been considered. You might consider editing that and add another column for spend bases milestones.
Still I think 10% is a bit too much for amex. AFAIK on Plat travel you get total of 48K points on 4L spends. Considering the average value of 1 MR points= 60p, we get 7.2% value back. Now the forex charge on plat travel is 3.5%+GST the effective value back is 3%.

Yeah, give me some time will look into it

 

[Fini7777]

Update:
AMEX Gold Charge and AMEX MRCC have been removed from the above list as they are only worthwhile during the first year. In the first year, they typically offer a return of around 5.2%; however, from the second year onward, these cards are not beneficial for international transactions due to their very low ROI after paying the annual fee.

Sign up Bonus calc - Excluded
The net return on the AMEX Platinum Travel Card has been updated to 5.57%, considering the ₹4 lakh milestone and valuing 1 MR point at ₹0.60.

 

[himanshu15]

Does anyone have idea about the exchange rates for dinner card?
Anyone used it for international transactions.
If its around 2% more than visa/master card then i would choose au ixigo card or hdfc forex card and use dcb to load money in it and use, as this charge will reduce the reward we are getting on dcb

 

[Hihihi]

@Fini7777 How is IndusInd pioneer heritage metal for 0 annual fee?

 

[Fini7777]

@Fini7777 How is IndusInd pioneer heritage metal for 0 annual fee?

It is 0 if We pay JF of 1.8L +gst
It is 29500 if we pay JF of 90k + gst

And it also varies from customer to customer
Some ppl here managed to get it as LTF with 1L + gst JF

 

[curious]

Is it better to use regalia forex card (loaded using infinia) vs Infinia directly without gvp for forex spends? I'm thinking its better to use regalia forex card since net reward rate is same as infinia post charges but regalia forex has added advantage of withdrawal option if need arises. Can someone validate if I am right?

 

[Venky]

Mayura still a viable candidate? I read some people are facing some sort of a hidden transaction charges when done online.

Is it the same for POS transactions?

 

[sunit123]

Is it better to use regalia forex card (loaded using infinia) vs Infinia directly without gvp for forex spends? I'm thinking its better to use regalia forex card since net reward rate is same as infinia post charges but regalia forex has added advantage of withdrawal option if need arises. Can someone validate if I am right?

u can withdraw..charges are 4$ per withdrawal

 

[Fini7777]

Mayura still a viable candidate? I read some people are facing some sort of a hidden transaction charges when done online.

Is it the same for POS transactions?

Online txns?
It's likely to happen for POS txns afaik

 

[Venky]

Online txns?
It likely to happen for POS txns afaik

Yes online transactions.

Thank you.