Best Zero Forex Markup Credit Cards
IDFC FIRST WOW! Credit Card — genuinely 0% forex markup, zero annual fee.
IDFC FIRST WOW! Credit Card is one of the few cards in the catalog with a genuinely confirmed 0% forex markup, not just a low one — paired with zero annual fee, which makes it a strong pick specifically for someone who spends internationally but doesn't want a premium travel card's price tag. Like its Quantum+ sibling, it's FD-backed, so approval doesn't hinge on a conventional income/CIBIL check.
Frequently asked questions
Is 0% forex markup really zero, or is that rounded?
In our data it's recorded as exactly 0%, distinct from the 1.49%-1.5% 'lowest markup' cards elsewhere in the catalog that still charge something.
What's the catch with an FD-backed card?
You need to fund and maintain the underlying fixed deposit — it's a real commitment, just a different kind than an income/CIBIL bar.
Does this card have lounge access to go with the forex savings?
No — this card carries no lounge benefit in our data. If you want both zero forex and lounge access, take the quiz to see if a premium card fits your income.