Forex Card V/S Zero Forex Markup Credit Card. Which One Wins?
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Travelling internationally?
A zero-forex markup credit card can be a good choice. Read on to know why.
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Forex cards
Forex cards are prepaid travel cards. You can load it with a chosen currency and use it for cashless transactions abroad.
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Zero forex credit card cards
These are credit cards which do not charge any fees on international transactions. It can be used both in India and abroad.
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Why zero forex markup cards are better than forex cards?
No usage barrier. Use it in India or in any country abroad
No need to load multiple currencies
No processing charges
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Get insurance coverage and liability protection
Transact on credit, while earning reward points
Withdraw cash from global ATMs up to your credit limit
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With a zero-forex markup credit card like the FIRST WOW! Credit Card you also save on several charges that come with forex cards such as cross-currency fees, encashment charges, and reloading fees.
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The Metra Trust WOW! Credit Card is a lifetime-free zero forex markup card that offers up to 4x reward points on every transaction, is easily accessible as it’s backed by a fixed deposit, and low interest rates.