How to Get Zero Markup Cards for International Travel

Want to save money on international travel? Zero markup cards let you avoid forex fees and pay at interbank exchange rates. Traditional cards often charge up to 5% on foreign transactions, but zero markup cards eliminate these hidden costs. Here’s why they’re a smart choice:

• Save on Forex Fees: Spend ₹1,00,000 abroad? Skip ₹2,000–₹4,000 in extra charges.
• Real-Time Control: Track spending, set limits, and get transaction alerts via an app.
• Travel Perks: Enjoy benefits like lounge access, travel insurance, and global acceptance.

For Indian travellers, the Niyo Zero Forex Markup Card stands out. It’s easy to get, has no joining fee, and offers features like INR loading, Visa network use in 180+ countries, and app-based management. Apply online, complete KYC, and start saving on your next trip.

BEST Indian Card for International Trips? Niyo Zero Forex Markup Card Review, Lounge Benefits, Apply

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Benefits of Using Zero Markup Cards

Zero markup cards offer a smarter way to manage your money by reducing unnecessary costs, giving you better control over your finances, and providing travel-friendly perks.

Save Money on Foreign Transactions

Most traditional credit or debit cards tack on a fee of up to 5% over the existing exchange rate when you spend abroad. Let’s break it down: If you’re on a week-long European getaway and spend ₹1,00,000 on dining, shopping, and transportation, you could end up paying an extra ₹2,000–₹4,000 in fees. Similarly, a ₹50,000 hotel booking might add ₹1,000–₹2,000 in additional charges. With a zero markup card, these fees disappear. That means more of your money goes toward enjoying your trip rather than covering unnecessary expenses. Over time, especially for frequent travellers, the savings can be substantial, giving you a consistent and transparent way to handle international spending.

Better Control and Real-Time Spending Alerts

Zero markup cards are typically paired with user-friendly mobile apps that give you full visibility over your transactions. These apps send instant alerts for every transaction, helping you track your expenses in real time. Not only does this help you stick to your budget, but it also makes it easier to catch any unauthorised charges quickly. Features like setting spending limits, checking your balance, and reviewing detailed transaction histories ensure you’re always in the driver’s seat.

“Real-time spending alerts and seamless payments made it a must-have travel essential” for his trips to Singapore, USA, and Uzbekistan in March 2025.

But the benefits don’t stop at cost savings and spending control - these cards also come with added perks for travellers.

Extra Travel Perks

Zero markup cards often come loaded with travel-related benefits that go beyond just saving money. Many include bundled travel insurance, which can cover unexpected events like medical emergencies or trip cancellations, saving you the hassle and cost of buying a separate policy. Plus, these cards make international transactions a breeze, whether you’re booking hotels, flights, or other travel arrangements. They simplify cross-border payments, ensuring your travel plans go off without a hitch.

Zero Markup Card Options Available

When it comes to avoiding extra forex charges and enjoying smooth international transactions, the Niyo Zero Forex Markup Card stands out as a practical choice for Indian travellers.

Niyo Zero Forex Markup Card Features

The Niyo card is a prepaid international travel card, issued in collaboration with banks like SBM and DCB. It’s tailored for Indian travellers, offering zero forex markup by using the Visa interbank exchange rate - without any hidden fees.

Global Acceptance and Ease of Use

Accepted in over 180 countries, the card works seamlessly at millions of merchants and ATMs that support Visa. You load the card in INR, and it automatically converts to the local currency, making it an excellent companion for international travel needs. This straightforward approach to spending abroad ensures transparency and cost efficiency.

Digital Management and Security

The Niyo app gives you complete control over your card. You can set spending limits, block or unblock the card instantly, receive real-time transaction alerts, and even locate nearby ATMs. Additionally, the app allows you to load funds and track expenses easily.

Extra Travel Perks

Besides zero forex markup, the card comes with several additional benefits. These include complimentary international airport lounge access and reward points on international spending. Together, these features make the card a well-rounded option for frequent travellers.

Cost Structure

The Niyo Zero Forex Markup Card is designed to keep costs low. It has no joining fees, and no annual fees range, depending on the issuing bank. However, standard ATM withdrawal fees may apply as per the card’s terms.

Forex Card Benefits Comparison Table

Here’s how the Niyo Zero Forex Markup Card stacks up against traditional credit and debit cards:

*T&C apply

The savings are evident when comparing costs. For example, traditional credit or debit cards typically charge a forex markup of up to 5%. If you spend ₹2,00,000 abroad, you could end up paying an additional ₹6,000 in markup fees at a 3% rate. The Niyo Zero Forex Markup Card eliminates this expense entirely, letting you pay only the actual exchange rate.

Eligibility and Application

Getting the Niyo Zero Forex Markup Card is simple. Indian residents aged 18 or older with a valid Aadhaar and PAN can apply. The process is entirely online through the Niyo app, where you can submit your details, complete KYC verification, and fund the card in INR.

The card is regulated by the Reserve Bank of India, ensuring compliance and security for users. This regulatory oversight provides peace of mind while using the card for international transactions.

How to Apply for and Use Zero Markup Cards

Getting a zero markup card is a simple and hassle-free process. It’s entirely digital, making it a great option for travellers who need quick and efficient access to international spending solutions.

Eligibility and Application Process

To be eligible, you need to be an Indian resident, at least 18 years old, and hold a Niyo savings account. Keep your valid passport, Aadhaar (linked to your mobile), and PAN card ready for the application.

The entire process can be completed through the Niyo app. Submit your details and complete the digital KYC verification using your Aadhaar. Approval is instant, and once approved, your card will be delivered to your registered address. You can fund the card in INR directly via the app, skipping the need to visit a bank branch. After receiving the card, activate it through the app to start using it.

Activating and Managing the Card

Once your card arrives, you can activate and manage it entirely through the Niyo app. The app allows you to track the card’s delivery, activate it instantly, and load funds right away.

The app also lets you set spending limits, block the card if it’s lost, and receive real-time alerts for transactions. It includes an ATM locator to help you find Visa-supported ATMs in over 180 countries, ensuring easy access to cash while travelling. Additionally, the app provides a detailed spend summary, categorising your expenses to help you keep track of your travel budget. For any issues, 24/7 customer support is available via chat or call.

Best Practices for International Usage

After activating your card, follow these tips for smooth and efficient use while travelling:

• Decline Dynamic Currency Conversion (DCC): Always opt to pay in the local currency for better exchange rates through the Visa interbank network.
• Monitor Alerts: Keep an eye on transaction notifications, especially during the early days of your trip, to catch any unauthorised activity quickly.
• Plan ATM Withdrawals: Withdraw larger amounts less frequently to minimise ATM fees.
• Stay Connected: Keep the Niyo app updated and ensure you have reliable internet access. Download offline maps for convenience.
• Notify Support: Inform customer support about your travel dates and destinations in advance to avoid potential issues with flagged transactions.
• Set Spending Limits: Adjust daily spending limits based on your travel budget. You can modify these limits anytime through the app if your plans change.

Tips to Maximise Savings and Avoid Problems

Making the most of your zero markup card can save you money and ensure a hassle-free travel experience. Here’s how you can optimise its benefits while staying secure:

Avoiding Extra Fees

Pay off your credit card balance in full to dodge interest charges. Carrying a balance can lead to hefty interest fees that erase the forex savings your card offers. Always aim to clear your dues completely to keep costs in check.

Stick to direct merchant payments and limit ATM withdrawals. While zero markup cards are great for purchases, frequent cash withdrawals from ATMs can rack up extra fees and trigger immediate interest. If you need cash, try to consolidate withdrawals into a single transaction to minimise charges.

By steering clear of unnecessary fees, you can focus on monitoring your spending and currency conversions effectively.

Monitoring Transactions and Currency Conversion

Regularly check your statements to ensure accurate conversion rates. Compare the rates used in your transactions with mid-market rates from reliable sources like XE.com or Google Currency Converter. If there’s a mismatch, contact your card provider immediately.

Activate real-time transaction alerts for better oversight. Apps like Niyo send instant notifications for every transaction, giving you full visibility of your spending while abroad.

Track your spending to stay within your travel budget. Monitoring your expenses not only helps you avoid overspending but also highlights areas where you might want to cut back.

With fees and conversions under control, take the necessary steps to secure your card and protect yourself from fraud.

Safe and Secure Card Usage

Keep your PIN private and shield the keypad while entering it. If you suspect your PIN has been compromised, change it immediately using your card’s app or by contacting customer service.

Use app-based card locks for added security. Many cards, like those managed through the Niyo app, let you lock your card when it’s not in use. Unlock it only when you’re ready to make a transaction.

Stick to ATMs and POS terminals in secure locations. Opt for machines inside banks, hotels, or well-lit areas. Avoid using a terminal if it looks tampered with or damaged.

Set daily spending limits through your app. Adjust these limits based on your travel budget to prevent overspending and minimise risks from unauthorised transactions.

Keep emergency contact numbers handy. Save them on your phone and jot them down somewhere accessible. While most zero markup cards offer 24/7 support, having multiple ways to reach help ensures you’re prepared for any situation.

Conclusion

The Niyo Zero Forex Markup Card offers a smart way to manage international expenses without breaking the bank. With zero forex markup fees, it helps you sidestep the hefty charges that traditional cards often impose, ensuring more of your money is spent on your travels rather than hidden fees.

Its real-time management features make handling your finances on the go incredibly convenient. You can reload funds, set spending limits, and track transactions instantly, no matter where you are. Accepted in over 180 countries, the card ensures you’re covered almost anywhere your adventures take you. Plus, its security features - like instant card blocking, real-time alerts, and per-transaction limits - keep your funds safe, letting you travel with confidence.