Forex cards, also known as travel cards, are widely used by travelers as a convenient and secure way to carry foreign currency while traveling abroad. Forex cards come with several benefits, such as easy access to currency, competitive exchange rates, and protection against currency fluctuations. However, to make the most of these benefits, it is essential to keep a check on the amount available in the forex card. In this article, we will explain step-by-step how to check the amount available in a forex card.
Step 1: Check the balance online
The easiest and most convenient way to check the amount available in a forex card is through the issuer’s website or mobile app. Typically, the issuer provides a login ID and password to the cardholder, which can be used to access the account online. Once logged in, the cardholder can navigate to the ‘balance’ or ‘account summary’ section to check the available balance in the forex card.
Step 2: Check the balance through SMS
Some forex card issuers also provide the option to check the balance through SMS. To use this service, the cardholder needs to send a text message to the issuer’s designated number with the card number and other details as required. The issuer will then send a reply message with the available balance in the forex card.
Step 3: Check the balance through customer care
If the above options are not available or not working, the cardholder can contact the issuer’s customer care service to check the available balance in the forex card. The customer care executive will ask for the card number and other details to verify the cardholder’s identity and provide the available balance information.
Step 4: Check the balance at an ATM
Another way to check the amount available in a forex card is to visit an ATM that accepts the card. The cardholder can insert the forex card into the ATM and select the ‘balance inquiry’ option to check the available balance. However, it is essential to note that some ATMs may charge a fee for balance inquiry, and the exchange rate used by the ATM may differ from the issuer’s exchange rate.
Step 5: Keep track of transactions
Apart from the above methods, it is also essential for the cardholder to keep track of their transactions to know the available balance in the forex card. Forex cards come with a transaction history feature that shows the details of all the transactions made using the card. By regularly checking the transaction history, the cardholder can keep track of their spending and know the available balance in the forex card.
Conclusion
Checking the amount available in a forex card is a crucial aspect of using it while traveling abroad. By keeping a check on the available balance, the cardholder can avoid overspending, ensure sufficient funds for emergencies, and plan their expenses accordingly. The above methods provide convenient and easy ways to check the balance in a forex card. However, it is essential to note that some issuers may charge a fee for balance inquiry or may have different procedures for checking the balance, and it is advisable to check with the issuer before using any of the above methods.
