Best Card For International Transactions India (2021) 🔥Best Debit & Credit Cards For Travel & Buying - YouTube

Hi Guys, My Name is Kripesh Adwani

Here we talk about Digital Tools and Services

The first thing you require to use a digital tool is a card

99% of the transactions for pruchasing the digital tools are in the USD

So for this, you require the international card

So I have used a lot of cards like international, debit, credit as well as digital cards

On the basis of their experience, I'll tell the best and the affordable card for international payments

Which card you should buy among SBI, Axis, ICICI and HDFC

What are the cards used by me

The most frequent question is related to payments

International transactions are required when you make international purchases or services from AliExpress

Or you are purchasing a service or you are hiring someone from Upwork or Fiverr

If you are purchasing a digital tool or hosting and you require an international card for it

What is the card and what are the charges, everything in this video today

Before I tell you about the card, there are some basic factors that you must know in an international card

One card that you must not select for an international transaction must be the "Rupay Card"

I have the IRCTC Rupay Credit Card

You do not need to have this card as this is not accepted in the international payments

It is only for India

You can take Master or the Visa Card

The next thing which occurs with an international card is its transaction charges

Whenever we deal with the currency in USD, there is a "Markup Fee" on it

It is usually 3.5%, it can be higher or lower than this range

There an additional 18% charges as well

So take it as you need to pay additional 4% transactional charges

You will have to pay extra 4 rupees on every 100 rs spent

Talking about the international transactions, in most of the cards, this feature is usually turned off by default

So you need to manually turn on this feature

If you don't use this feature then this feature gets disabled automatically

Every bank has a different procedure on this and

Usually, all international transactions can be turned on through net banking only

You can also turn on this feature by downloading their app

The fourth is about Exchange rates

The exchange rate is different on Visa, Master Card, and American Express

In my experience, I have got the best exchange rate through a master card

There's close competition between Visa and Mastercard and both have provided a good exchange rate

So which is the best international card

The one which has enabled international transactions and the markup fee is less

There must be the autopayment of the international transactions and it must be easy to acquire

There must not be additional conditions should have a good credit score or a good history or good relations with a bank

I'll not include such types of cards in the video

I'll include them in the list but I would not provide detailed information

As I want everyone can use these cards

So this video is not for cards enthusiasts but for those who require a good card for international payments

Before I start with the video

I would like to provide a disclaimer, this is not a sponsored video by any of the banks/cards

I am providing this review based on my use and research

You can decide among the cards you require

So first let's start with SBI

It is a bank where the majority of Indians have their account

You and your family members must be having an account in this bank

So let's start with which card you should use and if you have an account in SBI

If you rarely use the card for international transactions then it's not compulsory for you to open a separate bank and do your transactions

So let's find all the internationally accepted cards in SBI

Firstly, don't buy a Rupay card for it

It is free but it doesn't work internationally

You can buy the SBI global debit card and I have initially used this card

It works well, there's autopayment and talking about the transaction charges so there is 3.5% + GST

but if you want to use it rarely then you can use this card and

There is no problem with international transactions using this card

You can manually turn on and off the international transactions on the card, this is a good card

Talking about its credit card, there's the SBI Simply click credit card and

This is really good as you get good cashback and discount offers in Amazon

You also get good points as you use it for online transactions

It is SimplyClick, you can get this against FD

So if you want a credit card then you can look for this card online, you get good points as well

If I talk about ICICI

The ICICI Cards have international transactions in their Debit Cards

I have purchased this platinum debit card and I have done international transactions and I didn't face any problem

You will have to pay the markup fee of 3.5% on it

They also have their credit card and I didn't face any problem with it

I have used this card a lot

You can also use the Amazon Pay Card by ICICI for international payments

The markup fee on this card would be 3.5%

Transactions are good and there is no problem

I have the ICICI corporate Debit Card and I have not faced any problem in it

It has a high markup fee

So I am not telling about the banks, I am making a separate video on it

You'll know which is the best bank for receiving and making payments for international transactions

I am talking about the cards

I would also like to know which cards are used by you and what is your experience, let me know in the comments section below

Next we have the HDFC Bank,

If you want to use the debit card of HDFC Bank then "Millenia" is the best debit card

It is a really good debit card, it has good cashback points and you get 2.5% in the online spends

It is not good like the credit card but if you want a debit card

This card can be a really good option, it provides good cashback points and it works well with the international transactions

The markup fee is high at 3.5%

So if you want to use this for 2-3 international transactions then you can use these cards

Talking about the credit cards I have the HDFC Moneyback Credit Card

The markup fee on it is 3.5%

The HDFC Credit Card is Regalia

I like this card and I will apply for this card later on

At the end of this year, I'll apply for the Regalia Card

The Cashback points are really good and the markup fee is of 2% only

Another Recommendation for it is the HDFC's Infinia Credit Card

it is an invite-only premium credit card and you must have a good relationship with the bank for this

So if you have this then you can go with the HDFC Infinia card

You get good cashback and the markup fee is only 2%

Talking about the Axis bank, they have the prestige debit card and it works easily and they have a 3.5% markup fee

So all of the cards have a high markup fee except for the HDFC Regalia Card, it was 2% only, it also had good cashback points

So the best card till now was HDFC Regalia or the HDFC Infinia Credit Card

In the debit card, it works for international transactions but the markup fee is 3.5% only

So if you use it for rare transactions then you can refer to the cards I have told you previously,

but if you are regularly using it for monthly transactions then you can save your markup fees

Now I will talk about the cards with less markup fee

So the first card is the "World Exclusive Debit Card" of IndusInd bank

The name itself suggests it is made for international transactions

The best part about it is, there are 0% markup fees

This card provides more benefits but I will focus on the markup fees only

The biggest flaw of this card is, you require an IndusInd Savings account in this bank

You will have to maintain a balance of Rs.1 lakh to use this

You will require to maintain a balance of Rs. 1-2 lakh rupees in its account to get this debit card and there are additional fees for it as well

So there are certain benefits but its maintenance is on the higher side

The next card is of Niyo Global Card

This is also a good card with 0% markup fees, there's no forex markup fee or no extra transaction charges which is good

It works like a debit card and you first load the money on it and then you use this card

They have collaborated with DCB Bank and it is quite easier to use this card

It is a good card but the main problem is, it is available only in Metro Cities,

If I click on Apply Now, then in its locations, you'll find that it is available only in metro cities,

I live in Bhopal, and it is not available here,

If I visit a metro city then I can issue this card and I can use it in Bhopal once again

I have contacted customer support, they told me to visit Indore City and meet a customer representative and the card could be used after issuing

So it is a good card for Forex Transactions

Before I proceed with my Card No. 1, I would like to provide the honourable mentions

The first is the American Express Cards,

It has the Membership Rewards Card

It is a good card, if you use it regularly you'll get good cashback points

The markup fee is 3.5%

But if you use it regularly then you can get good cashback points and

The best part about American Express is their customer support

Customer support is one of the best for American Express credit/debit cards

It provides good support while Frauds, Theft of card, the support quickly resolves your issue

It is one of the best customer supports and

If you require the best customer support then you can pay extra in the form of transaction charges

So American Express is for you

I don't have this card

As I live in Bhopal, the merchants accepting American Express Cards are quite rare

Apple showrooms, Reliance Digital Accepts American Express Cards but the smaller merchants don't accept these cards

You may have a problem while you are using American Express Cards in Bhopal

In future, if there are some good lifetime offers I can think about issuing that card

For now, I am not considering it

The next honourable mention is the Kotak 811

It is quite popular, I haven't used it

People say, its works internationally, I haven't used this card

If you have used this card then do let me know in the comments section below,

Now the first card which I use a lot is RBL Card

RBL is recommended by very few

But this card is good

It is a credit card

But I am talking about RBL International Debit Card

So there's a 0% markup fee

I'll tell you which card I have

They do not have it in plastic form, they provide online digital card

You can issue its plastic card separately,

I have its numbers saved in my password manager,

if you do not know about a password manager, then you can refer to the video which is on the "iButton"

I have saved my credentials in the password manager,

There's no documentation

You do not reload a currency on it

It means USD, Uk, Dollar, UAE, you can use this card easily,

You can easily use this card on any of the websites

The best part is, you do not have any currency markup fees

I have their Titanium First Debit Card

I am a frequent user of this card

There is 0% markup fees and you need the savings account for it

I have the Prime Savings account in this bank

The best part is, they have the card insurance for it as well Lost card Liability

You get up to 50k insurance for this card

All the transactions are covered in this

There are a lot of things in it, but the best part about it is the 0% markup

You get high-interest rates on RBL Bank

It has an easy process for account opening

The KYC was online and there was an online video chat for it

I didn't face any problem with it

It usually takes half an hour timing for all this

The minimum balance required to maintain in this account is 5k per month

If you regularly do international transactions then you can use this card

There are no terms and conditions for high maintenance or credit score, as you get this card quite easily,

I use the RBL card

The next Card which I use is of HDFC Credit Score, if I want to increase my credit score

I use this card sometimes

For maximum, I used RBL Card only

There's one con and that is related to the customer support and it is not good

The support is not good on-call or on email

If you want to get your work done through them then you have to visit their branch

You will have to raise your complaint about quick resolution

For faster responses to your complaints, you need to visit their branch

So these were the cards used by me

Do let me know the cards you all use

I'll tell you 2 important things if you need a credit card

First, you should have a CIBIL Score

If you do not have a CIBIL score then how to get it?

You can take against your FD, you can go for Axis Bank Flipkart Credit Card, ICICI Credit Card and SBI Card

If you are travelling then you can use the cards which I have mentioned in the review

You can use the RBL Card,

You also have the third option to issue a forex card and which can be issued through your passport

That card has fewer transaction charges

A Forex card is just like a prepaid card and you get the money in it by the bank

But you can issue a forex card only when you have a passport and a visa

If your visa is not issued then you won't get this Card

So let's wind this up

The best card for an international purchase is RBL Debit Card

Best Customer Support: American Express is the best

Best Credit Card, HDFC Infinia but it is a premium card

HDFC Regalia is also a good option

So these were my opinions and experiences

I hope you won't have any problem in the domain, hosting tools or an international transaction

So that's all for this one

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Thank you for watching the video till now