Saving Big: How Zero Forex Markup Debit Cards Impact Your Finances

Saving Big: How Zero Forex Markup Debit Cards Impact Your Finances

27 February 2024 | By INDIE

Have you ever wondered about the extra charges that you have to bear after every international trip that you take? Do the hidden fees and inflated exchange rates eat away at your travel and shopping budget? A trip with the family is for relaxation and quality bonding but the over and above charges on every transaction take the fun away from the whole experience. 

IndusInd Bank’s INDIE takes you to the world of zero forex markup cards, your key to unlocking significant savings and financial freedom. A markup fee is the difference between the cost of a good or service and its selling price. 


What impact can a Zero Forex markup debit card have on your wallet?

The VISA Signature Debit Card offered by INDIE has Zero Forex Markup on international spends. It enables you to cut out hidden fees and save your money on international transactions and online purchases. Let's explore its impact on your finances and see if it aligns with your financial goals.


What Does a Zero Markup Forex Card Offer:

There is so much that you can get from a zero forex markup debit card but you should keep in mind that while transactions are markup-free, you might still incur ATM withdrawal fees abroad and you must factor these into your calculations. With so many variants available, there are a few prerequisites for some of them. Some variants require you to maintain a minimum monthly balance, and some need an online bank account opening.

Also Read: Explore the World Freely with ZERO Forex Markup: Unlocking INDIE'S Megastar Account

All-in-all, if you are a frequent international traveller who likes to make purchases abroad or if you are a regular online shopper from international websites, or if you are budget-conscious while incurring international expenses, these free charge debit cards can help you save on hidden fees and potentially earn some rewards. 


How Can You Apply For These Cards?

The application process for these cards is also quite straightforward. All you need to do is follow the right steps, do a thorough research as to which card would best suit your needs, and then apply. You should keep all the necessary documents like proof of identity (Aadhar card, passport, or driver's license), proof of address (utility bill or rental agreement), proof of income (salary slips, income tax returns, or bank statements) as well as passport-sized photographs ready to help expedite your application process.

Ultimately, INDIE by IndusInd Bank's Zero Forex Markup Debit Card can be a valuable tool for saving money on international transactions, but pick the one that will have the most impact on your finances. Assess your individual needs and spending habits before adding it to your wallet.

Disclaimer: The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information.