Are you planning to travel abroad? Want to know more about what is a forex card and which is the best forex card, then let us see the Best Forex Cards in India.
Do you know that you can save a lot of money when traveling abroad by using Forex Cards instead of your debit or credit cards? But which forex card should you choose from so many forex cards? This becomes a big question.
What is forex card or what is forex card?
A foreign currency card is a type of prepaid credit card that allows you to deposit and transact in the local currency of the country you wish to visit.
When traveling abroad, a foreign currency card, also known as a prepaid card, prepaid travel money card or travel money card, is one of the safest and most cost-effective ways to transfer money Is.
You can use this card like an ATM credit-debit card and make transactions in the currency of that country and make payments there. Withdraw money from banks or ATMs and do any kind of monetary transaction in that country.
Types of Forex Cards
There are mainly two types of forex cards in India. Which you can use to transact in foreign currency abroad at the lowest exchange rate. You can inquire about forex cards by getting information about top 10 public and private banks in India.
Multi-Currency Forex Cards
Multi currency forex cards allow you to transact in more than one foreign currency. You can travel across multiple countries without any extra hassle and do any monetary transaction using these cards like withdrawing cash, making payments, meeting daily expenses, shopping or traveling etc.
Single-Currency Forex Cards
This type of card can be loaded with only one type of currency. This card is valid only in the particular country where you want to travel. You cannot use it if you want to travel to another country and the currency exchange charges would be high.
Best forex cards and best forex cards in india
Forex cards are useful for making monetary transactions while traveling abroad, so you need to know which are the best Indian forex cards, so let’s take a look at the best forex cards in India.
SBI Multi-Currency Foreign Travel Card
When it comes to forex cards in India, the SBI Multi-Currency Foreign Travel Card is the safest and the most convenient. You can use it for various types of payments. It is available round the clock all over the world.
State Bank Multi-Currency Foreign Travel Card is a prepaid currency card that can be pre-loaded with your spending money in up to 7 currencies. If you have insufficient funds in the transaction currency to pay for a transaction, the balance of the transaction will be deducted from any other available currency on your card.
HDFC Multi-Currency Forex Card
One of the most popular forex cards in the market is the HDFC Multi-Currency Forex Card. In this, a total of 22 currencies can be loaded on one card. They also protect users from currency fluctuations in the foreign exchange market.
The HDFC Multicurrency ForexPlus Card comes with an inbuilt PayWave technology to make contactless payments at retail outlets. Users can simply wave the card at a distance of 4cm from the payment machine and make secure payments and enjoy their journey.
Axis Bank World Traveler Forex Card
The Axis Bank World Traveler Forex Card is the perfect travel companion for the Indian global traveler. The Forex Card accepts 16 currencies and is used at over 30 million retail and 1,00,000 e-commerce sites.
In the category of Indian forex cards, Axis Bank World Traveler Forex Card is one of the best Indian forex cards (foreign currency cards) that allows its users to travel abroad cashless. The World Traveler Forex Card also lets you enroll in the Miles & More membership program.
Axis Bank Multi-Currency Forex Card
Axis Bank offers Multi-Currency Forex Card that offers convenient, hassle-free payments to make your travels abroad a memorable and accessible one. One of the best forex cards in India is the Axis Bank Multi-Currency Forex Card.
You can use this Prepaid Forex Card to make payments across 16 countries and make hassle-free daily purchases and shopping while abroad and make your overseas travels a pleasure.
Yes Bank Multi-Currency Travel Card
YES BANK Multi Currency Travel Card (MCTC) is the ideal payment instrument for the BEST traveling overseas traveller. It is a convenient, smart, cost-effective and secure option to carry foreign currency while traveling abroad.
This card entitles you to great discounts on your dining, shopping, lodging and other expenses at merchant outlets across the globe. The good news is that you can manage your card quickly from anywhere and at any time using the customer care portal.
Thomas Cook Borderless Prepaid Forex Card
On the one hand the best forex card in India is the Thomas Cook Borderless Prepaid Forex Card, this card comes with a validity of 5 years, and on the one hand the best thing about this card is that you get a backup card. You can use this backup card in case it gets stolen.
This card is accepted at over 70 million merchant establishments, which means you can make cardless payments without ATMs during your international travels. Also, you can keep track of your spending as email and SMS are sent for each transaction.
ICICI Bank Forex Prepaid Card
If you are looking to tour abroad, the ICICI Bank Forex Prepaid Card is an ideal option. The card can be reloaded at any ICICI FX branch, on their online platform or through their mobile app.
You can conveniently pay in multiple foreign currencies with the ICICI Bank Forex Prepaid Card. You can load your card with up to 15 foreign currencies and avoid the effects of currency rate fluctuations and cross-currency charges.
HDFC Bank ISIC Student ForexPlus Card
HDFC Bank ISIC Student ForexPlus Card offers students a host of benefits and special discounts on foreign travel and the card is acceptable in over 130 countries. This card is just like any other prepaid forex card but specially designed keeping students in mind.
You can load it with the foreign currency you need (USD, GBP or EUR) and use it to withdraw cash or pay your expenses.
IndusInd Bank Multi-Currency Card
The Indus Multicurrency Forex Card provides a secure, convenient and cashless way of carrying foreign currency on your travels abroad. These forex cards are widely accepted across the world and are available in 14 currencies.
IndusInd Bank Multi-Currency Card is quite popular among regular travelers. Customers can get two free ATM withdrawals every month as part of the package and enjoy foreign travel to multiple countries.
Through this post, what is a forex card, how many types of forex cards are there and which are the best Indian forex cards? Received information. If you travel abroad or are planning to do so, then you can use these best forex cards. We hope you have a pleasant overseas trip.