7 reasons why HDFC Bank Student ForexPlus Card is your best companion when studying abroad

HDFC Bank ISIC Student ForexPlus Card has been designed keeping in mind the unique needs and requirements of students going to study overseas. A Forex Card is a versatile prepaid card loaded with funds, offering additional perks such as complimentary insurance, protection against currency fluctuations, and more. Among its key benefits, the ForexPlus Card serves as a global identification card and provides exclusive discounts on books, accommodation, dining, shopping, and other essentials.

For students heading to the US, UK, or Europe, the HDFC Bank ISIC Student ForexPlus Card is an ideal choice. Available at any HDFC Bank branch across the country for just ₹300 plus GST, this card ensures you enjoy these benefits and more.

1. Acts as an International ID Card

When studying in a foreign country, carrying identification is crucial. The HDFC Bank ISIC Student ForexPlus Card doubles as a valid ID, eliminating the need to carry additional identification documents. Globally accepted, this card simplifies verification processes, making it an essential tool for international students.

2. Offers Exclusive Discounts

The ForexPlus Card provides access to exclusive discounts on a wide range of services, including food, books, shopping, accommodation, and leisure activities. With over 41,000 trusted partners in more than 130 countries, you can enjoy significant savings while studying abroad.

3. Available in Multiple Currencies

To cater to diverse needs, the ForexPlus Card is available in three major currencies:

• US Dollar (USD)
• Euro (EUR)
• Great Britain Pound (GBP)

This flexibility allows you to use the card conveniently in various countries, ensuring you always have the right currency at hand.

4. Comprehensive Insurance Cover

The card has a robust insurance cover that provides peace of mind during your travels. The coverage includes:

• Protection against card misuse due to counterfeiting or skimming, up to ₹5 lakh.
• Air accident insurance, covering the cardholder's death, up to ₹25 lakh.
• Loss of personal documents or baggage, including passport reconstruction insurance, up to ₹50,000.
• Loss of checked-in baggage, up to ₹20,000.

5. Shields Against Currency Fluctuations

One of the standout features of the ForexPlus Card is its protection against currency fluctuations. You can load your card with foreign currency at a pre-locked exchange rate. This means you won't be affected by volatile exchange rates when making transactions or withdrawing cash, providing financial stability.

6. Easy Reloading

Students are often on the move, so the ease of reloading the ForexPlus Card is a major advantage. You can top up your card through:

• Prepaid NetBanking: Conveniently add or transfer funds online.
• HDFC Bank Branches: Reload in person.
• Phone Banking: Manage your card over the phone.

This flexibility ensures you can maintain access to funds regardless of your location.

7. Enhanced Security Features

Security is a top priority with the HDFC Bank ISIC Student ForexPlus Card. It features an embedded chip that stores information in an encrypted format, protecting against skimming and counterfeiting. In case of loss or theft, you can quickly report and block your card to prevent unauthorised transactions.

When using the card, keep the following things in mind:

• Dynamic currency conversion: Avoid using your card at ATMs or POS terminals that offer dynamic currency conversion. Some banks enable this feature, which can result in additional charges on each transaction. To avoid these extra fees, choose terminals that do not apply dynamic currency conversion.
• Don’t use it for temporary charge blocks: Avoid using your ISIC Student ForexPlus Card for temporary charge blocks, such as car rentals or hotel deposits. If you use it for such transactions and the final amount charged is less than the initial blocked amount, or if you settle the bill using another payment method, the excess amount will be credited back to your account only after 30 days from the transaction date.
• ATM/POS terminal: You can conveniently use the HDFC Bank ISIC Student ForexPlus Card to pay at POS terminals or withdraw cash from any MasterCard ATM. However, be aware that if you use the card to make payments or withdraw currency that is not loaded on the card, additional charges will apply to each transaction. To avoid these extra fees, ensure that you use your card only for transactions in the already pre-loaded currencies.

• Issuance Fee: ₹300 + GST
• Reload Fee: ₹75 + GST
• Reissue Card Fee: ₹100
• Cross Currency Charges: 3%
• Reissue ATM PIN Fee: USD 1/EUR 1/GBP 1
• Balance Enquiry Fee: EUR 0.50/GBP 0.50/USD 0.50 per transaction

Know how to get a Forex Card by reading our guide.

The future is bright for students with HDFC Bank ISIC Student ForexPlus Card. Every day can be lived with ease. Try it now!

To apply for an HDFC Bank Student ForexPlus Card now, click here.