International Debit Cards in India - Features, Benefits & Charges (2024)

FAQs

What is the international charge on Indian debit card? ›

ATM Charges - Usage outside India Rs. 25 + applicable taxes per Balance Enquiry & Rs. 125 + applicable taxes per Cash Withdrawal + 3.5%# Cross Currency Mark up for non-managed segment.

There are two types of debit card fees you may face abroad: Foreign transaction fee: Sometimes called a currency conversion fee, this applies for foreign transactions made with a debit card. It usually ranges from 1% to 3% of the purchase amount. Foreign transaction fees for credit cards work similarly.

Can You Use Your Indian Debit Card In The U.S.? If you are wondering whether you can use your Indian debit cards in the U.S., the short answer is yes, you can. Major card processors such as Visa, MasterCard, and others operate all over the world.

These fees can be avoided by choosing a bank account that doesn't charge fees and reimburses out-of-network ATM fees and by always withdrawing local currency from ATMs. Account holders can also ask their home bank if there are partner branches or in-network ATMs in the destination country or countries.

Discover® Bank

Discover doesn't charge foreign ATM network or foreign transaction fees. But Discover card acceptance can be limited outside of the U.S., Canada, Mexico and some Caribbean nations. With an HSBC Premier Checking account, customers pay no foreign transaction fees. HSBC also has a worldwide network of ATMs.

In India, banks like HDFC Bank, ICICI Bank, and Axis Bank are popular choices for their wide range of international banking services. These banks also provide dedicated customer support for any issues related to international transactions, making them a convenient choice for individuals and businesse...

You need an ATM, which will accept international cards. The best way to do so is to look for logo of AMEX, Mastercard or VISA in the ATM. If you are from EU country, look out for Cirrus, Maestro or PLUS logo for debit card usage and Visa or Mastercard logo for credit card.

How to use Indian debit card for international transaction? ›

All you need to do is inform your bank about certain specifics, i.e. the currency, daily usage limit, time period etc. Once you have informed your bank, subject to sufficient funds available in your account, your bank will activate international usage on your card.

Find out if your card charges for foreign transactions either by calling the number on the card or checking your agreement. If it does, you may want to investigate applying for a new card that doesn't.

If you agree, the merchant will use the conversion rate provided by its DCC service provider. If you refuse, your payment network, such as Visa or Mastercard, will convert the currency, and you'll see the conversion on your statement in U.S. dollars.

TSB, Bank of Scotland, Lloyds and Halifax offer premium current accounts, which are fee-free to spend and withdraw from abroad but which charge a flat monthly fee instead.

Indian Bank debit cards are available for different usage types, such as for contactless payments, and international transactions. Also Check: Best Credit Cards for International Usage.

For Domestic and International Usage *(International Ecom transactions not allowed). No PIN is required up to Rs.5,000/- per contactless transaction. Number of contactless transactions allowed per day – Three Transactions. Card holders will get rewarded with Star Points for their transactions at POS & ecommerce.

Indian credit cards typically charge 2-3.5% of the transaction amount as international transaction fees. This fee is applied to all purchases made in foreign currency and includes costs like currency conversion and processing fees.

This fee, typically ranging from 1% to 3% of the transaction amount, is applied to cover the expenses associated with currency conversion and processing international transactions.