Best Zero-Forex card for online payments

[dash2009]

Hey guys, What is the best Zero-Forex Credit or Debit card these days? I am looking to rent some dedicated servers from EU & US, Initial payment is expected to be around $500-600/Month which might increase later.

Please suggest the best card I can use for such payments.

Regards

 

[Slayer69]

Yes Marquee - 1% markup and also BMS 800 off B1G1 thrice a month

 

[techforca]

I use Federal Scapia cardfor zero forex charges transactions and have found it to be quite useful, highlight feature being you get unlimited domestic airport lounge access if you spend INR 10000 in a statement cycle.

 

[Slayer69]

I use Federal Scapia cardfor zero forex charges transactions and have found it to be quite useful, highlight feature being you get unlimited domestic airport lounge access if you spend INR 10000 in a statement cycle.

If lounge is a factor then Yes Marquee offers 6 accesses per quarter along with 2 guests in domestic & unlimited accesses along with guest access (2 per quarter) in international

 

[DigitalDude]

I use IDFC Bank wow card (baked by FD). Guess there is some forex benefit but I'm not sure.

 

[dash2009]

I just applied for Federal Scapia card and got instantly approved. Now just need to get home to complete the video KYC.

Thanks for the suggestion @techforca

 

[nRiTeCh]

OneCard keeps offering Forex-free transaction randomly for each member but again its not forever but on offer-offer basis.
I heard RBL has a great forex free card.

 

[Slayer69]

OneCard keeps offering Forex-free transaction randomly for each member but again its not forever but on offer-offer basis.
I heard RBL has a great forex free card.

RBL World Safari is top tier shit quite unreliable.

My friend stopped using that and took my Yes Marquee along with him to Singapore.

 

[Kloud]

I'm using Niyo global (SBM one) and it's not bad.

0% markup.
It works even when I insert a random US address to save myself from paying 18% GST. Yeah!
Occasionally, I don't even use my name for privacy reasons or use client's name and the Niyo still accepts the payment.

Free airport lounge access is a useless utility in India. Most such lounges will have hour-long queues.

I have 4 low or zero forex margin cards and the Niyo accepts most of the international payments. FI and OneCard block most international payments.

 

[Slayer69]

Occasionally, I don't even use my name for privacy reasons or use client's name and the Niyo still accepts the payment.

Doesn't matter I always put my initials as cardholder name everywhere and it has no problems - whether it be any card network or issuing bank

Free airport lounge access is a useless utility in India. Most such lounges will have hour-long queues.

I've other cards such as Diners Black Metal which give me access to premium/biz lounges and I cannot not sit in a lounge before flying, it's quite refreshing and the F&B are good add-ons

 

[altair21]

I use IDFC Bank wow card (baked by FD). Guess there is some forex benefit but I'm not sure.

0% forex, this is what I use since Scapia/AU Ixigo arent serviceable in my area

It works even when I insert a random US address to save myself from paying 18% GST. Yeah!
Occasionally, I don't even use my name for privacy reasons or use client's name and the Niyo still accepts the payment.

can you explain the gst part? how does it work? wont income tax dept eventually track you down?

 

[Slayer69]

can you explain the gst part? how does it work? wont income tax dept eventually track you down?

If you spend more than 7/10 L in forex transaction it gets reported in AIS
If you spend 10L on CC with any particular bank it gets reported to AIS
So even if you escape GST you cannot escape tax tho

 

[Kloud]

can you explain the gst part? how does it work? wont income tax dept eventually track you down?

The Income tax dept is different from the sales tax dept.

The Govt of India has mandated all the companies around the world to charge GST for Indian Govt from foreign land and submit it to the Indian Govt. Big foreign companies who have the bandwidth to handle this nautanki will charge you GST in case you enter 'India' in the address.

For example, I purchase services (say, AWS US server) on behalf of the company I work for, which has nothing to do with India, and handover those services to people who are not in India. Why the f should govt of India be asking for money? But it does. US Amazon will charge me GST if I happen to enter India in the billing address.