Foreign Transaction Fee
Calculate the true cost of international purchases. See how Forex Markup and GST inflate your final credit card bill.
Ex: USD
₹
%
Check your cards T&C. Usually 3.5% for basic cards, 0-2% for premium cards.
Total Actual Cost Billed
₹86,948.55
Effective Exchange Rate
₹86.95
Base Amount
₹83,500.00
If zero fees were charged
Bank Markup
₹2,922.50
The 3.5% fee from bank
GST (18%)
₹526.05
Tax levied on the markup fee
+4.13%
True extra cost on foreign purchases
Because GST is applied on top of the markup, your transaction is effectively 4.13% more expensive than the base currency value. If you travel often or pay for international SaaS, consider getting a zero-forex markup card!