Forex cards are prepaid travel cards used for making transactions in foreign currencies. They offer a secure way to carry and use money abroad, functioning like debit or credit cards but loaded with a specific amount of foreign currency. Before travelling, you load the card with the currency of the country you're visiting. While abroad, you can use it to make purchases or withdraw cash from ATMs, often at better exchange rates than traditional credit cards. Forex cards offer a lot more than just a way to pay.
Here are some of the key Forex Card benefits:
Buy a Forex card up to 60 days before your trip or as little as a day before. Your bank can activate the card within hours after receiving the funds and verifying your details.
Forex cards protect you from fluctuations in foreign currency prices, as rates are locked when the currency is loaded onto the card. You can also carry multiple currencies on a single card, such as the HDFC Bank Multicurrency ForexPlus Card, which offers 22 currency wallets.
You can use the card for making online transactions on international websites. To keep an eye on your budget, you can track your spending by accessing your transaction details and balance through PhoneBanking, Prepaid Card NetBanking, and SMS.
You can easily reload your card anytime via PhoneBanking, Prepaid NetBanking, or by visiting a branch.
HDFC Bank offers emergency cash delivery if you lose your card, so you’re not left stranded. Also, many cards come with complimentary insurance for theft, loss, and misuse. Additional coverage includes loss of baggage, personal documents, and accidental death.
Some cards, like the HDFC Bank Regalia ForexPlus Card, can be used worldwide without extra cross-currency fees. Many cards are now contactless, allowing you to tap and pay, which is safer as the card doesn’t leave your hand.
Banks like HDFC Bank provide 24x7 concierge services for hotel referrals, car rentals, medical assistance, and support if you lose your passport or luggage.
Enjoy complimentary lounge access at airports in India and abroad with certain Forex cards. In case of any card-related issues, you can get global support by contacting PhoneBanking anytime.
These are just some of the benefits of a Forex Card. To know more, visit our website's HDFC Bank ForexPlus Card pages.
You can also read more on the different ForexPlus cards available and their features and benefits.
Looking to apply for a ForexPlus Card from HDFC Bank? Click here to get started!