HDFC Bank offers the best debit cards, including the HDFC Bank Millennia Debit Card. It is designed to cater to the needs of modern consumers, Their card offers a range of features and benefits that enhance convenience and security for both domestic and international transactions. However, like most international debit cards, certain charges apply when using the card for foreign currency transactions or ATM withdrawals outside India. Here’s a breakdown of the HDFC Millennia Debit Card international transaction charges-
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HDFC Millennia Debit Card International Transaction Charges
The HDFC Bank Millennia Debit Card comes with specific charges for international transactions, which are important to keep in mind while using the card abroad. These include foreign transaction charges, ATM usage charges, and exchange rate charges.
These charges apply to any international transaction made with the card, whether it’s a purchase at a foreign merchant or an ATM withdrawal abroad. The taxes applicable on the charges can vary based on the country or region where the transaction takes place.
However, students can use HDFC Forex cards that come with lower charges. This helps in the efficient management of money abroad.
Foreign Currency Transactions
Charges: 3.5% of the transaction amount, plus any applicable taxes.
Whenever you make a purchase in a foreign currency or make payments to international merchants, a foreign transaction fee of 3.5% will be added to the total amount. Additionally, applicable taxes will be levied on this fee. To avoid such charges, you can use Zero Forex Markup credit cards.
ATM Usage Outside India
If you use your HDFC Bank Millennia Debit Card at an ATM outside India to either check your balance or withdraw cash, you will incur the following charges:
Balance Enquiry: INR 25 plus applicable taxes for checking your account balance at an international ATM.
Cash Withdrawal: Rs 125 plus applicable taxes for withdrawing cash from an international ATM.
Exchange Rate for Foreign Currency Transactions
The exchange rate applied to foreign currency transactions is the VISA/ MasterCard wholesale exchange rate at the time of the transaction or merchant settlement.
This means that the conversion rate used will be the rate at which VISA or MasterCard exchanges currencies, which may differ slightly from the retail exchange rate you see at currency exchanges.
Also Read: Get answers to all your queries related to HDFC Forex Card and how to check HDFC Forex Card balance for simplified international travel and financial transactions.
Other Charges on HDFC Millenia Debit Card
The HDFC Millennia Debit Card is free to use for purchases at merchant locations or HDFC Bank ATMs. However, in line with industry practices, transaction charges may apply at railway stations and petrol pumps.
Here are other kinds of charges applicable on HDFC Millenia Debit Card-
| Charges | Amount |
| Annual Fees | INR 500 + applicable taxes as per the card |
| Replacement/ Reissuance Fees | INR 200 + applicable taxes for debit card replacement or re-issuance |
| Charge Slip Retrieval | INR 100 per request |
This was all about the HDFC Millenia Debit Card international transaction charges. While the HDFC Millennia Debit Card offers convenience for international transactions, it’s important to remember these charges before making overseas purchases or using ATMs abroad.
Being aware of the foreign currency transaction fees, ATM charges, and exchange rates can help you manage your expenses more effectively while travelling or shopping internationally.
To learn more about education loans, the best bank accounts for students, forex, banking experience for global students, or international money transfers, reach out to our experts at 1800572126 to help ease your experience with studying abroad.
FAQs
The card incurs a 3.5% foreign transaction fee on purchases made in foreign currencies, plus applicable taxes.
You can withdraw up to INR 50,000 per day from international ATMs using the HDFC Millennia Debit Card.
Yes, checking your balance at an international ATM incurs a fee of INR 25, plus applicable taxes.
The Millennia Debit Card allows international POS transactions up to INR 1 lakh per day.
Yes, transaction charges may apply at railway stations and petrol pumps as per industry practices.
You should immediately report the loss to HDFC Bank’s customer service to block the card and prevent unauthorized transactions.
Yes, you can use the card for secure online transactions with international merchants, subject to foreign transaction fees.
The annual fee for the card is INR 500, plus applicable taxes.
Yes, you can make up to five free transactions per month at HDFC Bank ATMs.
The exchange rate applied is the VISA/MasterCard wholesale exchange rate at the time of the transaction or merchant settlement.
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