Forex cards, also known as travel or prepaid travel cards, are used to carry foreign currency while travelling abroad. These cards can be loaded with multiple currencies, offering a convenient and secure way to make payments and withdraw cash in foreign countries. They often come with competitive exchange rates, eliminating the need to carry large amounts of cash. If you buy a Forex Card once, you can use it on multiple trips and, if you have the right kind of card, then across many countries. Let's look at some of the best forex cards available in India.
This is the most basic type of Forex Card in India. You can load this ForexPlus Card with only one currency, the USD, and use it to pay for your expenses only in that currency. If you wish to use it in another currency, you don’t have to worry about paying for cross-currency charges. If you are a frequent traveller or your travels are likely to take you to multiple countries that allow you to use USD, this card is for you.
If you plan to travel to many countries, either on a single trip or multiple trips, then the Multicurrency Forex Card is for you. The HDFC Bank Multicurrency ForexPlus Card is a good example. You can load it with the currency of your choice, with the option to shuffle funds to another currency when needed in just a few clicks.
The HDFC Bank ISIC Student ForexPlus Card is the ideal solution for students studying abroad. You can use it for your daily expenses and even to withdraw cash—no more waiting for wire transfers. Your parents or guardians can reload the card in India. The card is also accepted as a universal student identity card.
HDFC Bank offers a specialised card to cater to the needs of Hajj Umrah pilgrims – the Hajj Umrah ForexPlus Card. You can load it in Saudi Arabian riyals and use it during your pilgrimage. The MakeMyTrip HDFC Bank ForexPlus Card is another specialised card that can be used for power-packed travel along with several other travel-based benefits.
Read more on how to apply for a ForexPlus Card here.
Looking to apply for an HDFC Bank ForexPlus Card? Click here to get started!
* Terms & conditions apply. Forex Card approvals are at the sole discretion of HDFC Bank Ltd