These days, credit or debit cards are the most used payment method in the country as people know about the benefits they offer. They help you manage your funds with ease and not carry cash anywhere. This keeps you out of stress. Along with that, it is a great advantage for you if you want to improve your credit history. A good credit history helps you avail loans easily in the future. But, when you are traveling abroad, you should avoid using your credit card to make payments and purchases because it will cost you huge markup fees, conversion charges, and other fees. This is when opting for a forex card is the wisest decision as it helps you with foreign currencies very conveniently and that too without any extra charges. Forex cards are one of the best options for spending your money wisely when you travel abroad. These cards are safe and serve as a less expensive replacement for your cash. It will also help you with reasonable exchange rates if you use a forex card with foreign currencies loaded in it. Even if the forex market rates keep increasing or decreasing, the rate of the funds you have loaded in your forex card remains the same. Whenever you travel abroad, using a forex card is better. It saves you from the hassles of carrying cash and exchanging currencies. The payment of purchases in retail stores, hotels, restaurants, or any other place becomes easy when you are traveling. What is a Forex Card? Also known as a prepaid card, prepaid travel money card, or Travel credit card, A Forex card is a ‘ready to use card’ instead of a regional currency. It is available in a fixed amount but offers the facility to top up the card as per your requirement. You can load it with any currency and use it like your debit or credit. One of the significant advantages of this card is that it helps you pay when you travel abroad and saves you from the inconvenience of currency exchange. And just like a credit or debit card, it can also be used to withdraw cash from an ATM. Forex card helps to keep your money safe when you are traveling abroad. DIFFERENT TYPE OF FOREX CARDS IN INDIA: There are two types of Forex cards in India. They are: There are few other kinds of forex cards also introduced like the Student Forex cards for students traveling abroad and the Contactless Forex Cards that help you pay for your purchase at retail outlets in a safe way. One should choose among these the best forex card as per his use. BENEFITS OF A FOREX CARD A forex card comes with a lot of benefits, especially when you are traveling abroad. Here are a few benefits you get when you opt for a Forex Card in India:
A safe option to handle foreign currency while traveling abroad. It is less expensive and comes with fewer charges than that of credit or debit cards. It offers exclusive discounts and privileges. For making payment of any purchase, all you need to do is swipe your card to pay. The best Forex cards offer better rates for currency exchange than a traveler’s check or cash. Forex cards in India come with special discounts, no ATM access fee, no cross-currency charges, and low transaction charges. Its features make it a safe method of payment. It is accepted worldwide. It also offers free international sim cards, emergency cash assistance, and a lot of other privileges.
21 Best Forex Cards India (2023)
1. Axis Bank World Traveller Forex Card
This card is offered by Axis Bank in association with Miles and More; this is one of the best forex cards that aim at Indian travelers who undertake frequent international trips. The card comes with free Miles and More membership. You can earn award miles for loading and each time you spend using the Travellers Forex Card.
The currencies which the card supports are:
US Dollar Euro Saudi riyal Thai baht New Zealand dollar Hong Kong dollar Australian Dollar Canadian Dollar Swiss Franc Japanese Yen Indian Rupee Singapore dollar Pound Sterling UAE Dirham Swedish kronor Danish Krone South African Rand
Axis Bank World Traveller Forex Card charges and fees The fees and charges for this forex card are mentioned below: For more information about Axis Bank Word Traveller Forex Card Fees refer to this PDF from the bank website. You can redeem your miles both online and offline with miles and more and its partners. Some of the partners are Taj Hotels, resorts, and palaces, PVR Cinemas, India times shopping, etc.
2. Multi-currency Forex cards by Axis Bank
Students traveling abroad for their studies or vacation or college trip or any other reason try to save money on each transaction they make, such as airfare, travel insurance, college fees, cash withdrawal, etc. Axis Bank Multi-currency forex card is among the best forex cards for students and one of the best forex cards India that allows you to hold 16 different foreign currencies in a single card. The 16 currencies are as follows:
US Dollar British Pound Swedish Kronor Euro UAE Dirham Pound Sterling Singapore Dollar Danish Krone Australian Dollar Thai Bhat South African Rand Canadian Dollar New Zealand Dollar Japanese Yen Swiss Franc Saudi Riyal
Moreover, this card is of two types: I. Contactless Forex Card: This card features Visa’s payWave technology. According to Visa’s payWave technology, you can just wave the card a secured card reader to make the payment. It is more secure because you don’t even need to hand over your card to someone to swipe it, you yourself can wave it over the card reader, and the payment is made. II. Image Forex Card: This Axis Bank Multi-Currency Forex card gives you the option to personalize by allowing you to add an image of your choice on the card. To apply for this card, you don’t need to be an existing customer of Axis Bank. The validity of this card is 5 years. You can reload and use it in as many trips as wanted in this time period. And the first 3 ATM transactions are complementary. Special offer valid only for students:
Block the card. Lost passport assistance. Get emergency cash. With locked-in exchange rate feature, the cash in the card remains unaffected from fluctuating currency rates.
ATM transaction fee is waived off Issuance and reload fee is waived 1% cashback on ECOM/POS transactions Complimentary TripAssist service
Axis Bank Multi-Currency Forex Card Fees & Charges The fees and charges for this forex card in India are mentioned below: For more information about Axis Bank Multi-currency Forex Cards refer to this PDF from the bank website.
3. Axis Bank Diners card
The Axis Bank diners card only allows you to load USD. There are several other benefits associated with the card for travelers going to the US. The card gifts you 2 points every time you spend USD 5 at any shops/merchant outlets.
Axis Bank Diners Card Fees & Charges The fees and other charges for this forex card are mentioned below: For more information about Axis Bank Diners Card Fees refer to this PDF from the bank website. Also Read: Axis Bank Credit Card Online Payment Guide
4. HDFC Bank Multicurrency ForexPlus Card
HDFC ForexPlus Cards is among one of the best forex cards India, it is easy, safe as well as a cashless way of carrying foreign currency on your trip abroad. You can use this card to make payments for shopping, lodging, dining, etc.
This card allows you to avail currencies of 22 different countries, which are:
US Dollar Euro Pound Sterling Australian Dollar Canadian Dollar Swiss Franc Japanese Yen Singapore Dollar Swedish Kronor UAE Dirham Saudi Riyal Thai Baht South African Rand Danish Krone Omani Riyal Qatari Riyal Korean Won Hong Kong Dollar Norwegian Krone Bahraini Dinar New Zealand Dollar Kuwaiti Dinar
HDFC Bank Multicurrency ForexPlus Card Fees & Charges The fees and other charges for this forex card in India are mentioned below: For more information about HDFC Bank Multicurrency ForexPlus Card Fees refer to the bank website.
5. HDFC Bank ISIC Student ForexPlus Card
As the name suggests, this card is introduced for students and works as a student identity card. It comes with lots of benefits like you can get discounts in around 130 countries like books, travel, etc. You would also like to read – Best Banks For A Personal Loan In India
The card allows the following 3 currencies:
USD Euro Sterling Pounds
HDFC ISIC Student ForexPlus Card Fees & Charges: The fees and other charges for this forex card in India are mentioned below: For more information about HDFC Bank ISIC Student ForexPlus Card Fees refer to the bank website.
6. HDFC Regalia ForexPlus Card
This card comes loaded with USD currency. There are no-cost currency charges. You can pay for payments across other currencies as well. Also, the cross-currency charge for this card is zero.
HDFC Regalia Forex Plus Card Fees & Charges The fees and other charges for this forex card in India are mentioned below: *Rs. 1000 is the card issuance fee. For more information about HDFC Bank ISIC Student ForexPlus Card Fees refer to the bank website. Also Read: HDFC MoneyBack Plus Credit Card Review
7. Thomas Cook Borderless Prepaid Card
Another best forex card in India, this card comes with a validity of 5 years, and another best thing about this card is that you get a backup card free of cost. You can use this backup card if you lose your card’s primary forex card or it gets stolen.
This card allows you to avail currencies of 9 different countries through one single card, which are:
Swiss Francs US Dollars Australian Dollars British Pounds Euro Canadian Dollars Singapore Dollars Japanese Yen Arab Emirates Dirham
Thomas Cook Borderless Prepaid Card Fees & Charges The fees and other charges for this forex card are mentioned below: For more information about Thomas Cook Borderless Prepaid Card Fees refer to Thomas cook website.
8. Thomas Cook One Currency Card
This card can be stuffed with USD and used throughout the world. Issued on the MasterCard network, this card is valid for up to 5 years.
Thomas Cook One Currency Card Fees & Charges The fees and charges for this forex card are mentioned below:
9. IndusInd Bank Multi-Currency Forex card
This Forex card is for the once who frequently travel abroad. About 8 currencies can be loaded on this card. It is not necessary that you must be an existing IndusInd Bank customer to opt for this forex card. You also get dining, and safe transaction offers with this card.
There are different currencies that can be loaded are as follows:
United States Dollar Euro Australian Dollar Great Britain Pound Singapore Dollar Saudi Riyal Canadian Dollar UAE Dirham Hong Kong Dollar Swiss Franc Japanese Yen New Zealand Dollar South African Rand & Thai Baht
IndusInd Bank Multi-Currency Forex Card Fees &Other Charges The fees and charges for this forex card are mentioned below: For more information about IndusInd Bank Multi-Currency Forex card Fees refer to the bank website. Also Read: IndusInd Bank Platinum Aura Credit Card Features, Benefits, Fees & Eligibility
10. ICICI Bank Multi-Currency Platinum Travel Card
This travel/forex card is a prepaid foreign currency card that will make your foreign trip enjoyable without constant worrying of cash problems. You can load this card with multiple foreign currencies in India and use it abroad to withdraw cash in the local currency. The ICICI Bank MultiCurrency Platinum Travel Card also comes with features such as travel insurance, emergency assistance, advanced account management features.
The currencies that can be loaded are as follows:
US Dollar Pound Sterling Euro Canadian Dollar Australian Dollar Singapore Dollar Arab Emirates Dirham Swiss Franc Japanese Yen Swedish Krona South African Rand Saudi Arabian Riyal Thai Baht New Zealand Dollar Hong Kong Dollar
ICICI Bank Single Currency Forex Card fees and charges: The fees and charges for this forex card are mentioned below: For more information about ICICI Bank MultiCurrency Platinum Travel Card Fees refer to the bank website.
11. Trip Money Global Cash Card
One of MakemyTrip’s best forex cards India is the SBM bank-issued TripMoney Global Cash Card. It provides financial support to overseas travelers and reduces the cost of currency exchange. People who want to handle their cash and cards online are the target market for the Tripmoney Global cash card. The fact that the card, unlike others, does not need a credit history has been a godsend to those who enjoy traveling abroad. The Tripmoney Global Cash Card is used worldwide. You may make purchases at every POS and ATM in any currency of your choice. You may quickly load money in INR and utilize it in any foreign currency with no forex markup or currency conversion fees, giving you freedom. This card can be used in 150-plus countries in a completely hassle-free manner. This card lets you avail of the following currencies:
Euro (EUR) Canadian Dollar (CAD) Australian Dollar (AUD) United States Dollar (USD) Great Britain Pound (GBP) Singapore Dollar (SGD) United Arab Emirates Dirham (AED) Saudi Riyal (SAR) Thai Baht (THB) New Zealand Dollar (NZD) Hong Kong Dollar (HKD) Swiss France (CHF) Japanese Yen (JPY) Swedish Krone (SEK) South African Rand (ZAR)
Trip Money Global Cash Card Fees and Charges The fees and charges for this forex card are mentioned below: For more information about Trip Money Global Cash Card Fees refers to the official website.
12. YES Bank Multi-Currency Travel Card
It is considered one of the most beneficial foreign exchange cards of India, being cost-efficient and secure. The online customer care portal helps in easy management of cards from all over the world at any point of time. It has high security and low total cost compared to others.
The currencies that are supported by this card are:
USD (United States Dollar) EUR (Euro) SGD (Singapore Dollar) GBP (British Pound) AED (UAE Dirhams) AUD (Australian Dollar) CAD (Canadian Dollar) JPY (Japanese Yen) HKD (Hong Kong Dollar) CHF (Swiss Franc)
YES Bank Multi-Currency Travel Card Fees & Charges: The fees and charges for this forex card are mentioned below: For more information about YES Bank Multi-Currency Travel Card Fees refer to the bank website. Also Read: Yes First Exclusive Credit Card Review 2022
13. BookMyForex Travel Card
BookMyForex has launched its very own Visa-powered forex card in association with YesBank for making foreign payments simpler. Travelling students and working professionals like its service and find it beneficial. There are no costly fees for using ATMs to withdraw money or scanning balance at retail locations. BookMyForex has resulted in saving Rs. 19.25 crores by selling 1,25,000+ forex cards and this is what differentiates it from its competitors.
This card supports the following currencies:
US Dollar British pound Euro
BookMyForex Travel Card Fees & Charges: The fees and charges for this forex card are mentioned below: For more information about BookMyForex Travel Card Fees refer to the bank website.
14. Niyo Global Card
According to a survey by a trustworthy travel agency, the Niyo Global Card is a popular and beneficial currency card. In association with DCB Bank, this card was launched. It eases use of the card through their mobile application, and you can lock the card if unused for a long time.
This card lets you avail of the following currencies:
US Dollar British pound Euro Canadian Dollar Australian Dollar Japanese Yen Saudi Riyal Singapore Dollar United Arab Emirates Dirham Swiss France South African Rand Thai Baht New Zealand Dollar Hong Kong Dollar
Niyo Global Card Fees & Charges: The fees and charges for this forex card are mentioned below: For more information about Niyo Global Card Fees refer to the bank website.
15. Wise Borderless Card
Wise Borderless Cards are one of the best student forex cards. They allow transactions at minimum cost across countries and easy payments, both big and small, in respective local currencies. It is online-based, and you can transfer money throughout the world in 60+ currencies. If you are a student of the United States, Europe, Australia, or the United Kingdom, you can avail of a Wise multi-currency account, a single card that lets users carry 45+ currencies and make withdrawals of up to USD 350/INR 25,976 for free per month.
The currencies that are supported by this card are:
AUD (Australia) CAD (Canada) EUR (European banks) GBP from any bank account in the UK, or by SWIFT NZD (New Zealand) MYR (Malaysia – only available for personal accounts) SGD (Singapore) USD (United States of America), or by SWIFT from certain countries RON (Romania – only available if you’re a resident in the EEA, Switzerland, the US, Canada, Australia, or Japan) HUF (Hungary) TRY (Turkey)
Wise Borderless Card Fees & Charges: The fees and charges for this forex card are mentioned below: For more information about Wise Borderless Card Fees refer to the bank website. Also Read: List of Private Banks in India
16. ICICI Bank Student Forex Card
ICICI Bank Student Forex Prepaid Card is made exclusively for students who want to study in foreign countries. One great feature is that you can reload it at any Forex branch of ICICI, their online platform Forex@Click, or through their iMobile app.
This card supports the following currencies:
United States Dollar (USD) Great Britain Pound (GBP) Euro (EUR) Canadian Dollar (CAD) Australian Dollar (AUD) Singapore Dollar (SGD) United Arab Emirates Dirham (AED) Swiss France (CHF) Japanese Yen (JPY) Swedish Krone (SEK) South African Rand (ZAR) Saudi Riyal (SAR) Thai Baht (THB) New Zealand Dollar (NZD) Hong Kong Dollar (HKD)
ICICI Bank Student Forex Card Fees & Charges: The fees and charges for this forex card are mentioned below: For more information about ICICI Bank Student Forex Card Fees refer to the bank website.
17. MakeMyTrip HDFC Bank ForexPlus Card
This is one of the best forex cards for students and workers abroad. MakeMyTrip HDFC ForexPlus Card is a co-branded prepaid forex card. The card has initial issuance fee of Rs. 500 (plus GST), but there is no annual membership fee for the card. Transactions from the card can be completed easily and do not incur any forex mark-up fee, however, a cross-currency usage charge of 2% of the transaction amount is charged for a currency other than the one loaded on the card.
This card lets you avail of the following currencies:
Australian Dollar Dirhams Canadian Dollar Euro Hongkong Dollar Japanese Yen Singapore Dollar Sterling Pound Swiss Franc Swedish Krona Thailand Baht South African Rand Oman Riyal New Zealand Dollar Danish Krone Norwegian Krone Saudi Riyal Korean Won Bahrain Dinar Qatari Riyal Kuwait Dinar US Dollar
MakeMyTrip HDFC Bank ForexPlus Card Fees & Charges: The fees and charges for this forex card are mentioned below: For more information about MakeMyTrip HDFC Bank ForexPlus Card Fees refer to the bank website.
18. Axis Bank Club Vistara Forex Card
Axis Bank Club Vistara Forex Card is a co-branded prepaid card, launched by the association of Axis Bank and Air Vistara. Though not a credit card, you can earn rewards as Club Vistara Points (CV Points) on all transactions through the card. No annual fee is charged for the card membership, but there is an initial fee of Rs. 500 (plus GST) during card issuance. Also, no minimum income criteria is required for its eligibility.
The currencies that are supported by this card are:
USD (United States Dollars) EUR (Euro) GBP (Great Britian Pounds) SGD (Singapore Dollars) AUD (Australian Dollars) CAD (Canadian Dollars) JPY (Japanese Yen) CHF (Swiss Franc) SEK (Swedish Krona) THB (Thai Baht) AED (UAE Dirham) SAR (Saudi Riyal) HKD (Hongkong Dollars) NZD (New Zealand Dollars) DKK (Danish Kroner) ZAR (South African Rand)
Axis Bank Club Vistara Forex Card Fees & Charges: The fees and charges for this forex card are mentioned below: For more information about Axis Bank Club Vistara Forex Card Fees refer to the bank website. Also Read: Axis Bank Buzz Credit Card Review 2022
19. Goibibo ICICI Bank Forex Prepaid Card
Goibibo ICICI Bank Forex Prepaid Card is a co-branded forex card launched by ICICI Bank and Goibibo jointly. Like all other prepaid cards, you need to first load the card with cash before you can use it for transactions. Although there is no reward structure, few other benefits can be availed of, like discounts on forex rates, dining, cab vouchers, etc.
This card supports the following currencies:
United States Dollar (USD) Great Britain Pound (GBP) Euro (EUR) Canadian Dollar (CAD) Australian Dollar (AUD) Singapore Dollar (SGD) United Arab Emirates Dirham (AED) Swiss France (CHF) Japanese Yen (JPY) Swedish Krone (SEK) South African Rand (ZAR) Saudi Riyal (SAR) Thai Baht (THB) New Zealand Dollar (NZD) Hong Kong Dollar (HKD)
Goibibo ICICI Bank Forex Prepaid Card Fees & Charges: The fees and charges for this forex card are mentioned below: For more information about Goibibo ICICI Bank Forex Prepaid Card Fees refer to the bank website.
20. ICICI Bank Sapphiro Forex Prepaid Card
ICICI Bank Sapphiro Prepaid Forex Card is a premium forex card with a high issuance (joining) fee of Rs. 2,999 (Rs. 999/annum chargeable second year onwards), and benefits like complimentary international lounge access, discounts on hotel/flight bookings, etc. ICICI Sapphiro Prepaid Forex Card does not have any reward structure as it is not a credit card. No income-based criteria is required for eligibility for Sapphiro Prepaid Forex Card. You can apply for the card either online or through ICICI Bank’s forex branches where you can submit your application offline.
This card lets you avail of the following currencies:
United States Dollar (USD) Great Britain Pound (GBP) Euro (EUR) Canadian Dollar (CAD) Australian Dollar (AUD) Singapore Dollar (SGD) United Arab Emirates Dirham (AED) Swiss France (CHF) Japanese Yen (JPY) Swedish Krone (SEK) South African Rand (ZAR) Saudi Riyal (SAR) Thai Baht (THB) New Zealand Dollar (NZD) Hong Kong Dollar (HKD)
ICICI Bank Sapphiro Forex Prepaid Card Fees & Charges: The fees and charges for this forex card are mentioned below: For more information about ICICI Bank Sapphiro Forex Prepaid Card Fees refer to the bank website.
21. ICICI Bank Coral Prepaid Forex Card
The ICICI Bank Coral Prepaid Forex Card is one of the best forex cards India, and it is available only for transactions involving foreign currencies. It is a prepaid card, thus before using it for foreign exchange transactions, you must fill the card with one of the supported foreign currencies. It’s important to note that the card cannot be used at any Indian online or offline retailers; however, it may be used at any international online or offline retailers that accept Visa credit or debit cards that are registered outside of India. The card is also accepted in duty-free shops in all of India’s international airports. Although the card doesn’t have a reward system (reward points or cash back), you still get a lot of extra advantages like cinema tickets, insurance covers, taxi vouchers, etc. This card lets you avail of the following currencies:
United States Dollar (USD) Great Britain Pound (GBP) Singapore Dollar (SGD) United Arab Emirates Dirham (AED) Swiss France (CHF) Euro (EUR) Canadian Dollar (CAD) Australian Dollar (AUD) Japanese Yen (JPY) New Zealand Dollar (NZD) Hong Kong Dollar (HKD) Swedish Krone (SEK) South African Rand (ZAR) Saudi Riyal (SAR) Thai Baht (THB)
Insurance benefits
With the ICICI Coral Prepaid Forex Card, you receive a comprehensive insurance package that includes liability coverage for lost cards as well as travel-related insurance benefits like protection from delayed checked baggage, lost passports or tickets, missed connections to international flights, and hijacking of aircraft.
Air accident – Rs. 10 lakh Counterfeit Card Liability – Rs. 5lakh Lost card liability – Rs. 5 lakh Missing connecting international flight – USD 300 Delay of Checked-in baggage- USD 300 Loss of passport or tickets – USD 500 Flight Hijacking – Up to USD 3,000
ICICI Bank Coral Prepaid Forex Card Fees and Charges The fees and charges for this forex card are mentioned below: For more information about ICICI Coral Prepaid Forex Card Fees refers to the official website.
A few interesting facts about Forex Travel Cards
The bank issue these cards at a very low price ranging from Rs 150 to Rs200. The foreign currency loaded on the card will be at the present day’s exchange rate. Even if the market values of the currencies change, your rate remains fixed and unchanged. The Fees charged for the conversion of currency is included in the price. There are no charges charged extra for that. No additional amount is charged every time you make any purchase. When you buy something from a retail shop, you can simply swipe your Forex card to pay the bill, and for that, no fees will be charged. You can withdraw money from the ATM worldwide, but if you use an international ATM, you’ll be charged. You cannot top-up your Forex Card abroad. If you want to, contact the centre which issued your card first. One cannot put more than $2000 in the Forex Card ( as directed by RBI)
FOREX CARD VS INTERNATIONAL DEBIT/CREDIT CARD
If you look into all the benefits and offers a Forex Card has, it is a much better option than a credit or debit card. You can look through different benefits you get from different forex cards and choose for yourself, the best forex card. Below are a few reasons why opting for a Forex card in India is a good decision:
Easier to apply and get it approved than credit cards. The process to get a forex card in India is very easy and convenient. Unlike credit or debit cards, you can load multiple foreign currencies. If you are traveling from country-to-country Forex card helps you load the currency you need in your card. There are no currency conversion charges when you swipe your Forex Card. A low issuance fee is charged. You can opt for a replacement card without any inconvenience if your forex card is lost or it fails to work. Even if the market rate of the currencies keeps falling or rising, the exchange rates remain fixed.
Which Forex Card Should You Choose?
Forex cards can be used for all kinds of transactions. Multiple currencies can be loaded in one single card, and you can load money up to 2.5 lakh at maximum as directed by the RBI. You can get yourself a forex card from your bank or a forex dealer, and you are not required to be an existing customer of the bank for getting yourself a forex card. Just fill out an application form with your details, the amount of foreign currency you need, etc., along with it, you need to submit a self-attested photo of your passport, a copy of Visa and few other documents as asked by the bank. There are multiple options before you choose a good forex account as per your need. There are a few charges applied to your forex card:
Cash withdrawal charge at any ATM Balance inquiry charge International SMS Alert charge Replacement Card Fee Statement request charge Charge slip retrieval charge Statement request charge Cross currency markup charge Inactivity Fees
Forex cards come with lots of privileges and special offers. You must choose the best option among all the forex cards and decide after that as it will throw a light on your business history. The card you choose depends entirely on your requirement. Some card may have higher fees, or some cards are of single currency while others are multiple currencies, some might be best for students while some for travelers who are traveling abroad. Forex cards are ideal for traveling abroad because:
It does not incur any conversion charges. When you use a credit card to make a purchase in a foreign country, conversion charges are applied. And that is charged up to 3.5% of the transaction value. But a forex card has no such charges. Fluctuations in foreign exchange rates have no effect on it. Through other methods of payment, there are chances that as the rates of foreign currencies go higher, you will also be charged accordingly no matter what. When you use a forex card, your foreign exchange rates remain the same, and you are not charged any extra fees. No cash withdrawal fee is charged. While withdrawing money from an ATM using a credit card or debit card, there is a withdrawal fee charged to you which may go up to 2 percent to 3.5 percent of the withdrawal amount. There is also the involvement of mark-up fees and other charges. Forex cards have a limited withdrawal limit, and the withdrawal of cash through it is much cheaper or not at all. You can load different currencies and exchange them anytime as forex cards are really flexible. You can exchange up to 22 foreign currencies through it.
Forex cards are an excellent replacement for credit or debit cards or cash. Providing more benefits, offers, and privileges without any inconvenience and hassles make it a better choice for people. Whether a student or a traveler, you can avail full advantage of using a forex card. There are various options available for you in terms of choosing a Forex card so, one should choose the best Forex card for yourself and enjoy the benefits they provide.
