Best Zero Forex Markup Credit Card India 2026 — Scapia, Niyo, AU Ixigo, IDFC WOW + Premium Cards Compared
Last verified May 2026. Best zero forex markup credit cards in India 2026. RBI mandates 0%–3.5% markup on international transactions — these cards waive it completely. Updated for the March 2026 Scapia and AU Ixigo program changes.
The 4 best zero-forex-markup credit cards in 2026
1 Scapia Federal Bank
The flagship zero-forex card. Federal Bank tightened lounge benefit to ₹10K monthly spend trigger in March 2026 (was ₹5K) but the 0% forex remains unchanged. Stack with a premium card for domestic rewards. Full review: Scapia Federal Bank review.
2 IDFC FIRST WOW
Best for credit-history newcomers. ₹5,000 FD threshold. Same 0% markup as Scapia with lower lounge access but easier approval. Full review: IDFC FIRST WOW review.
3 AU Ixigo Credit Card
AU Bank's 2026 entry — eligibility raised from ₹3L to ₹5L LPA in March. Ixigo travel ecosystem integration is unique. Full review: AU Ixigo Credit Card review.
4 IDFC FIRST WOW Black
Premium-tier WOW for users with ₹50K+ FD. Adds international lounge access (8/year) to the WOW base benefits. Full review: IDFC FIRST WOW Black review.
Head-to-head comparison
| Card | Fee | Headline Rate |
|---|---|---|
| Scapia Federal Bank | ₹0 (lifetime free) | 0% forex + 10% Scapia bookings |
| IDFC FIRST WOW | ₹0 (FD-backed) | 0% forex + 4X RP online |
| AU Ixigo Credit Card | ₹0 + GST 1st year | 0% forex + 6X RP on Ixigo |
| IDFC FIRST WOW Black | ₹999 + GST | 0% forex + 10 lounge/year |
Sources & references
All fees and reward rates verified against issuer official T&C pages as of May 2026. Reward programmes change frequently — confirm with the issuer before applying.
