Forex cards have become increasingly popular among international travelers as they offer a hassle-free and convenient way to carry foreign currency while traveling abroad. A forex card is a prepaid card that can be loaded with multiple currencies, and it can be used to withdraw cash or make purchases at any merchant that accepts cards. With so many forex card options available in the market, it can be challenging to decide which one is best for you. In this article, we will explore the features of some of the best forex cards in India.
1. HDFC Bank ForexPlus Card:
HDFC Bank ForexPlus Card is one of the most popular forex cards in India. It offers a range of features such as zero issuance fees, emergency cash assistance, and insurance cover. The card can be loaded with up to 22 currencies, and it can be used for cash withdrawals and purchases at any merchant that accepts cards. The card also comes with a mobile app that allows users to track their transactions and manage their account.
2. ICICI Bank Travel Card:
ICICI Bank Travel Card is another popular forex card that offers a range of features such as zero issuance fees, emergency cash assistance, and insurance cover. The card can be loaded with up to 15 currencies, and it can be used for cash withdrawals and purchases at any merchant that accepts cards. The card also comes with a mobile app that allows users to track their transactions and manage their account.
3. Axis Bank Multi-Currency Forex Card:
Axis Bank Multi-Currency Forex Card is a popular forex card that offers a range of features such as zero issuance fees, emergency cash assistance, and insurance cover. The card can be loaded with up to 16 currencies, and it can be used for cash withdrawals and purchases at any merchant that accepts cards. The card also comes with a mobile app that allows users to track their transactions and manage their account.
4. SBI Multi-Currency Foreign Travel Card:
SBI Multi-Currency Foreign Travel Card is a popular forex card that offers a range of features such as zero issuance fees, emergency cash assistance, and insurance cover. The card can be loaded with up to 15 currencies, and it can be used for cash withdrawals and purchases at any merchant that accepts cards. The card also comes with a mobile app that allows users to track their transactions and manage their account.
5. Kotak Mahindra Bank Multi-Currency World Travel Card:
Kotak Mahindra Bank Multi-Currency World Travel Card is a popular forex card that offers a range of features such as zero issuance fees, emergency cash assistance, and insurance cover. The card can be loaded with up to 17 currencies, and it can be used for cash withdrawals and purchases at any merchant that accepts cards. The card also comes with a mobile app that allows users to track their transactions and manage their account.
Conclusion:
In conclusion, all the above-mentioned forex cards are good options for international travelers. However, the best forex card for you depends on your specific requirements and preferences. It is essential to compare the features and fees of different forex cards before making a decision. It is also important to read the terms and conditions carefully to understand the charges and restrictions associated with the card. Lastly, it is wise to carry some cash along with a forex card as a backup option in case of emergency.
