I am going for a foreign trip next year. I have few queries on international use of credit cards. I have ICICI Platinum card with extra charge of approx. 4% for international transactions.
1) Do you know any Indian Credit card issuer that does’nt have ‘overloading for foreign’ transactions ?
2) What is less costly whether to convert INR to Dollar thn to local foreign currency say RMB and pay for hotels or to use agoda through credit cards. (saving INR-USD-RMB conversion).
I did some calculations and found if done through right method it could save 5-8% of money.
Anyone with experience please share your experience.
Looking forward for your reply.
Thanks, Jinesh