Ankit Singh

SBI (State Bank of India) Credit Cards have forex markup charges that apply to international transactions made in foreign currencies. The forex markup charge is a fee added to the converted amount when you make a transaction in a currency other than Indian Rupees. It is typically a percentage of the transaction amount and is levied to cover the currency conversion costs and potential fluctuations in exchange rates. The specific forex markup charges for SBI Credit Cards may vary based on the type of credit card you hold. Generally, SBI credit cards have a markup charge ranging from 1.99% to 3.5% on foreign currency transactions. The exact rate applicable to your card can be found in the terms and conditions provided by SBI or by contacting their customer service. It's important to consider these forex markup charges when using your SBI Credit Card for international transactions, as they can impact the overall cost of your purchases. If you frequently travel or make international payments, you may want to compare the forex markup charges across different credit card providers to find a card that offers lower fees or special benefits for foreign currency transactions. Remember to review the terms and conditions of your specific SBI Credit Card to understand the exact forex markup charges and any other applicable fees related to international transactions