IDFC FIRST Mayura Credit Card: This card will be useful for foreign travel, you will not have to pay forex charges, know more features..

If you are planning to go abroad, then this is useful news for you. Card companies charge a forex markup fee for making payments by credit card abroad. Now there is some relief news for you. IDFC First Bank launched the Mayura Credit Card on Thursday (September 20). The special thing about this card is that the cardholder will not have to pay any forex charge to make payments abroad.

Features of IDFC FIRST Mayura Credit Card
Zero forex markup: No forex markup on transactions in foreign currency.

Higher Rewards: 10X reward points on spending more than Rs 20,000 in a statement cycle and on your birthday, i.e. 10 times more reward points than the normal rewards

Airport Lounge Access Facility: Opportunity to visit 4 domestic airport lounges or spas every quarter including one guest visit, the opportunity to access international airport lounges 4 times every quarter

Trip Cancellation Cover: Up to Rs 50,000 compensation annually for non-refundable portions of flight and hotel cancellations

Movie Perks: Buy one get one offer on movie tickets through BookMyShow, up to Rs 500 discount on the second ticket, offer 2 times a month.

Gold Privilege: Up to 40 golf rounds or lessons annually.

Forex Markup Fee
Please note that card companies charge a forex markup fee when paying by credit card abroad. This fee can be up to 3.5 percent of your transaction amount. However, there are some credit cards in the market that charge low or zero forex markup fees.