Essential Information About the Student Travel Card

Overview

As more students choose to study abroad, the demand for secure and convenient methods of managing finances has increased. While the primary focus for these students is their education, they also need to navigate daily expenses like food, accommodation, shopping, and leisure activities. A Travel Card, particularly a Forex Card designed for students, can be immensely helpful in this context. Here are five key aspects to understand before applying to a foreign university.

What is a Travel Card for Students?

A Travel Card for students serves as a form of identification that enables students to access discounts on various expenses incurred while studying abroad. The International Student Identity Card (ISIC), issued by the ISIC Association, is a well-recognized international student travel card that provides these benefits. This card is acknowledged in 133 countries, making it a valuable asset for students traveling internationally.

How Does a Travel Card Work with Forex?

When traveling abroad, students can carry money in several ways, including traveler's cheques, Foreign Exchange Demand Drafts, wire transfers, and Forex Cards. Among these options, the Forex Card is often regarded as the safest and most convenient. Many banks globally offer Forex Cards tailored for various purposes, including student travel. By utilizing a Forex Card in conjunction with a Student Travel Card, students can enjoy numerous advantages for their transactions abroad.

Is There a Combined Card Available?

Yes, many banks provide a Forex Travel Card specifically for students, often issued in partnership with ISIC. An example is the HDFC Bank ISIC Student ForexPlus Card, which operates as both a Forex Card and an internationally recognized student ID. This combination allows students to benefit from both currency management and student discounts in a single card.

Key Features of the HDFC Bank ISIC ForexPlus Card

The HDFC Bank ISIC Student ForexPlus Card is available in three currencies: GBP, USD, and Euro. It is recognized in 133 countries, allowing students to access discounts on various expenses such as books, food, travel, and accommodation. Notably, the card offers several additional features:

  • Emergency Cash Delivery: In the event that the card is lost or stolen, arrangements can be made for emergency cash delivery to the cardholder's location.
  • Instant Reloading: Students can quickly reload their card through Prepaid NetBanking.
  • Global Assistance: The card provides access to support services worldwide.
  • Locked Exchange Rate: Students can lock in the exchange rate on the day the card is issued, protecting them from fluctuations in currency values.

How to Obtain a Forex Travel Card for Students

There are two primary methods for applying for a Student Travel Card. The first option is to apply directly through the ISIC website, which provides only the student travel card and does not include the Forex Card.

To apply for the HDFC Bank ISIC Student ForexPlus Card, students should visit the nearest HDFC Bank branch and submit the following documents:

  1. ISIC ForexPlus Card Application Form: Ensure the Aadhaar number is mentioned.
  2. Appointment or Admission Letter: This can be your university admit card or an official letter from the institution.
  3. Photocopy of Your Passport: A clear copy is required.
  4. Passport-Sized Photograph: This should have a white background.
  5. Photocopy of Visa or Ticket: Required to verify travel plans.

Notably, students do not need to be existing customers of HDFC Bank to apply for this card.

By understanding these aspects of the Student Travel Card and the associated Forex Card, students can effectively manage their finances while studying abroad, ensuring a smooth and rewarding experience.


Don’t wait long! Click here to begin your application for your very own ISIC Student ForexPlus Card now!

* Terms & conditions apply. ForexPlus Card approvals are at sole discretion of HDFC Bank Ltd