What Are The Benefits Of A Zero Forex Card?

Travelling abroad on your mind? Your to-do list likely includes booking hotels, planning sightseeing, paying local guides, indulging in shopping, savouring local food, and arranging rental cars, for which you are bound to spend in foreign currency from the beginning of your journey. However, every foreign transaction comes with an added burden, i.e., the forex markup fee.  

These fees are not high upfront but inflate your total spending and affect your budget quietly but steadily. Zero forex markup cards offer a solution here. These cards allow you to focus on exploring new countries and cultures rather than worrying over fluctuating exchange rates and unexpected fees. Let’s find out how.

What Is A Zero Forex Card?

A zero forex card offers multiple useful benefits that make foreign travel more convenient, cost-effective, and hassle-free. When you conduct transactions in a foreign currency, a zero forex markup card will not impose any conversion fee. This means every time you use the card abroad, you transact at the real exchange rate, free from any hidden or additional charges.

Benefits Of Zero Forex Cards

Here are some reasons why carrying this card is one of the smartest decisions you can make while travelling globally.

1. More Savings And Rewards

Zero forex cards change the way you spend abroad. Each swipe or tap could save you typically between 1% to 3% per transaction. Whether you use your card for dining or shopping, every payment with your card adds up to tangible savings.  

Choose a savings account that offers rewards on zero forex cards in the form of points, cashback, vouchers, or travel miles. These rewards can be redeemed for hotel stays, flight tickets, or even local experiences. The joy of travel amplifies when transactions from your card add value back. 

2. Convenience And Ease Of Use

A zero forex markup debit card offers great convenience. They are usually accepted worldwide at ATMs, merchant outlets, and online. This makes it easier for travellers to make transactions abroad without worrying about carrying large amounts of cash. Moreover, you can check your balance, view transaction history, and reload the card online or through mobile apps.

3. Easy Transactions In Multiple Currencies

When you open an INDIE Savings Account by IndusInd Bank, you get the benefit of hassle-free global spending in multiple currencies. Just maintain a minimum average balance and upgrade to the INDIE Mega Star Account. This upgrade grants you the INDIE VISA Signature Debit Card, which eliminates forex markup entirely. 

With acceptance in over 150 countries, the INDIE VISA Signature Debit Card offers freedom and convenience. To get started, simply download the INDIE app and open an online account from your home with a 100% digital process.  

4. Comprehensive Insurance  

Many zero forex cards come with insurance coverage against theft, loss, or unauthorised use. Moreover, certain banks enhance this protection by offering coverage for lost baggage, personal documents, and even accidental death. This coverage doesn’t let unforeseen incidents affect your travel budget or peace of mind.

5. Simplify Your Budget Management

With a zero forex markup card, each transaction reflects the actual exchange rates. Hence, you do not need to do complex calculations or stress about fluctuating currency values. This direct spending approach helps you follow your budgets more closely. You spend as per your plan with no surprises from fluctuating exchange rates or additional charges. 

Always Use A Zero Forex Markup Card To Spend Smartly Overseas 

When travelling overseas, the majority of your expenses such as hotel stays, food, sightseeing, and shopping, are usually cashless. You can use your zero forex markup debit card to pay for all these expenses. This way, a major portion of your total expenditure is managed by your forex card. 

The added advantages of insurance, advanced security, exclusive rewards, and worldwide acceptance further enhance your travel experience. By leveraging these benefits, you can enjoy your foreign journey with a stress-free mindset and focus on the experience instead of financial concerns. So, apply for your zero forex card today!