The following charges apply:
up to 1.5% + Goods and Services Tax (GST)
We are lowest among the entire Banking industry. If you find another bank card, please let us know, and we would love to partner with them.
You might be wondering why all banks charge foreign transaction charges. The forex transactions typically settle ( reach online merchants from the card issuing bank ) after 5 - 7 working days, but the bank needs to share both INR and USD amount on the same day. To avoid currency fluctuations, the banks purchase insurance or contracts, and hence forex transaction charges that cover the cost of those contracts.