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Exploring new countries can be thrilling. But it's not all roses & rainbows. While the beautiful landscapes are a sight for sore eyes, managing hidden Forex fees and steep international transaction charges often ruin the experience for many travellers. What if you could travel freely without worrying about these extra charges?
Meet the Fi-Federal Debit Card - the perfect travel companion designed for people who like to travel smart. With zero forex* fees and worldwide acceptance, the Fi-Federal Debit Card ensures smooth financial management while you’re on vacation.
The Fi-Federal zero forex* Debit Card is an ideal choice for people who want to avoid overspending due to unnecessary markup charges while on an international holiday. A Visa Platinum debit card powered by the Federal Bank, it offers Zero Forex* benefits and is issued in both physical and virtual forms. The card is linked to your savings account online through the Fi app and is designed to be the ultimate travel companion for Indians visiting abroad.
A Zero Forex* Markup debit card, like the one Fi Money offers, doesn't add an extra fee (called a markup) on top of the currency exchange rate when you make international transactions. Banks typically charge a markup fee of 1-3% or more, so a zero forex card helps you save significantly on international spending.
With the Fi-Federal Debit Card, you can enjoy zero foreign transaction charges* on all foreign expenses, saving up to 5% per spend. Even while shopping online or paying for international subscriptions like PlayStation or Amazon.com, the Zero Forex* Fi-Federal Debit Card lets you avoid foreign transaction fees and makes global spending cost-effective.
The Zero Forex* Fi-Federal Debit Card allows you to withdraw money from ATMs worldwide, offering protection against fluctuating exchange rates and letting you save on expensive currency conversion fees. Also, unlike some credit cards, this card comes with zero interest rates.
The Fi-Federal Debit Card is a true global card, offering seamless access to ATMs in over 180+ countries. With global acceptance at ATMs worldwide, the Zero Forex* Fi-Federal Debit Card ensures you’re never far from your funds, making it the ideal choice for international travellers looking for convenience and security wherever they go.
The Fi-Federal Debit Card lets Indian travellers spend globally by loading funds in INR and spending in their preferred currency, eliminating the hassle of cross-currency conversion. Unlike traditional forex cards, which require loading specific currencies and incur extra markup fees, this card automatically converts INR to the local currency at the time of transaction.
The Zero Forex* Fi-Federal Debit Card comes packed with exclusive travel benefits on hotels, flights, cabs, car rentals, restaurants, and more, helping travellers save big on international trips. Some exclusive perks are:
In addition to the international travel perks, the Fi-Federal Debit Card offers exclusive perks on brands like Myntra, Ajio, EaseMyTrip, Yatra, Zomato, and more.
CTA: Get the Zero Forex Fi-Federal Debit Card now
The Fi-Federal Debit Card is truly designed with the modern globetrotter in mind. It's the perfect companion for hassle-free global spending, offering zero forex fees, the convenience of loading funds in INR, and seamless access to ATMs across 180+ countries.
Unlike traditional credit or debit cards with limitations and forex charges, the Zero Forex* Fi-Federal Debit Card stands out by providing automatic currency conversion, no hidden fees, and exciting travel offers.
Whether paying for a meal, booking a flight, or withdrawing cash, the Fi-Federal Debit Card ensures a smooth experience at every step. For Indian travellers seeking a smarter, more cost-effective way to manage their money abroad, the Zero Forex* Fi-Federal Debit Card is the ultimate choice.
*Note: Any mention of zero forex linked to the Fi-Federal Debit Card in this blog implies Zero Forex is available on select account plans.
Now that we know why the Fi-Federal Debit Card is the one-stop solution to all your travel needs, let’s answer some of the Frequently-Asked Questions about the Zero Forex* Fi–Federal Debit Card.
Fi Money categorises its users into Standard, Plus, and Salary/Infinite based on their Savings Account.
While the first card is free for Prime/Infinite/Salary plan users with no issuance or annual fee. A nominal charge of ₹299 + GST is charged for users under the Regular, Standard and Plus plans. The replacement fee for a debit card is ₹299 + GST, and it applies to all plan types. For Plus plan users, the Annual Maintenance Charge (AMIC) of ₹199 + GST is waived if you spend more than ₹25,000 in the 12 months before your AMC billing date.
For a detailed breakdown of all types of charges related to the Fi-Federal Debit Card, refer to our Fees page.
Any working professional above 23 years with a Federal Bank Savings Account can apply for the Zero Forex Fi-Federal Debit Card.
Your regular bank debit card usually incurs high forex markup fees (often 2-3.5%) plus potential transaction fees when used internationally. A zero forex debit card eliminates this markup fee, making your international purchases and ATM withdrawals much cheaper.
A multi-currency forex card allows you to load and hold multiple foreign currencies simultaneously, locking in exchange rates when you load. A zero forex card (usually linked to your savings account like Fi's) automatically converts your INR to the local currency at the point of sale using the prevailing exchange rate, without adding a markup fee.
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