Must Know ISIC Card Benefits for Students

Synopsis:

  • The HDFC Bank ISIC ForexPlus Card combines an internationally recognised student ID with a multi-currency Forex card, offering global acceptance and easy cash withdrawals.
  • It features robust security, including an EVM chip to prevent fraud, and provides emergency support for lost or stolen cards.
  • The card includes comprehensive insurance, covering card misuse, accidental death, baggage loss, and passport reconstruction.
  • Students enjoy discounts at 41,000 partner establishments across 130 countries, including savings on travel and leisure.
  • Application is straightforward, requiring basic documents like university admission proof and passport, and can be completed without an existing HDFC account.

You have finally secured admission to a foreign university, and the excitement of moving abroad is kicking in. You are busy with everything from finding accommodation, budgeting for living expenses, and planning what to pack. But amidst all this planning, have you thought about how you will handle your finances abroad?

Opening a bank account overseas is possible, but it often requires being present in person and may take several days to set up. Meanwhile, you still need to pay for your daily expenses. That is where the HDFC Bank ISIC Student ForexPlus Card comes in as a handy solution. Let's take a closer look at the benefits of using this card.

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Features and Benefits of ISIC Forex Card for Students

1. Convenient Financial Solution

The HDFC Bank ISIC ForexPlus Card is a student-friendly financial tool that serves as an internationally recognised student identity card and a reliable Forex card. This card, endorsed by UNESCO, offers a dual advantage for students studying abroad.

Here's how it simplifies your financial transactions:

  • Multiple Currency Support: The card is available in major currencies such as USD, Euro, and GBP. It allows you to pay for your expenses in the local currency without worrying about fluctuating exchange rates once your card is loaded.
  • Cash Withdrawals: You can easily withdraw cash from ATMs worldwide, just like you would with a regular debit card. No need to worry about carrying large amounts of cash or dealing with traveller's cheques.
  • Instant Reloading: The ISIC ForexPlus Card can be reloaded from anywhere worldwide. Whether you need extra funds or manage your monthly budget, reloading the card is hassle-free.

2. Security Features and Benefits

The ISIC ForexPlus Card provides peace of mind with robust security features that protect you from fraud, misuse, and emergencies. These are some key protections offered:

  • EVM Chip Protection: The card is embedded with an EVM chip, which protects against skimming and misuse. This feature reduces the chances of your card being cloned.
  • Global Acceptance: You can use the card at any Visa/MasterCard-affiliated establishment worldwide, making it an easy and secure way to make purchases while travelling abroad.
  • Emergency Support: If your card is lost or stolen, don't panic. HDFC Bank offers international toll-free numbers for immediate assistance. In some cases, you can even receive emergency cash, ensuring you are never stranded without funds.
  • Pre-activated for E-Commerce: The card comes pre-activated for online shopping, allowing you to purchase from websites globally without additional steps.

3. Comprehensive Insurance Coverage

One of the standout features of the ISIC ForexPlus Card is the complimentary insurance coverage that safeguards you from various risks. Here's what you are covered for:

  • Card Misuse Protection: In case of theft or loss, you are protected with insurance up to ₹5 lakh against card misuse, skimming, or counterfeiting.
  • Accidental Death Coverage: The card offers accidental death insurance of ₹25 lakh in the event of an accident while travelling by air, rail, or road.
  • Baggage Loss Insurance: If your baggage goes missing, you are covered for up to ₹50,000. Additionally, there's coverage of up to ₹20,000 for the loss of checked-in baggage.
  • Passport Reconstruction: In the unfortunate event that you lose your passport, you are covered for up to ₹20,000 for reconstruction costs, easing the stress of being in a foreign country without a key document.

4. Student Discounts and Perks

Beyond being a convenient financial tool, the ISIC ForexPlus Card offers several discounts that can help you save money during your time abroad.

Here are some highlights:

  • Discounts in 130 Countries: The card unlocks deals at 41,000 partner establishments across 130 countries. Whether getting a discount at a local bookstore or saving on meals, this card provides valuable savings on everyday purchases.
  • Leisure and Travel Discounts: Enjoy discounts on accommodation, flights, and sightseeing tours, making your travel more affordable and enjoyable.

How to Apply for the HDFC ISIC ForexPlus Card

Getting an HDFC Bank ISIC ForexPlus Card is a straightforward process, and you don't need an existing HDFC Bank account. Here's what you will need to apply:

  • A copy of your university's admission or appointment letter
  • Proof of enrolment at your foreign university in the form of a student ID card or admission letter
  • A valid photocopy of your passport to verify your identity.
  • You will need to provide passport-sized photographs against a white background.
  • If you are not an HDFC Bank customer, you must submit a copy of your student visa or airline ticket to complete the application.

Once you have gathered these documents, you can visit your nearest HDFC Bank branch and submit your application. The card will be issued promptly, allowing you to start managing your finances even before you set foot in your destination country.

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