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Best Forex Cards in India 2019

I am a regular user of forex card and I can say you I have made saved lot of money because of it. I will share with you details of Best forex card in India 2019  which will help you to do same.

Forex cards have taken travel currency conversion market by storm. They have seen an increasing popularity over the past few years.

They are must-haves for frequent travellers because they turn out to be the easiest way of carrying currency from one country to other.

These financial instruments can be used to load and transact money when you are traveling to a foreign nation. Few Forex cards support single currency while few allow you to transact in multiple currencies. Take an informed decision depending on your specific requirements.

Here is a list of best Forex cards in India

1. ICICI bank Forex card

ICICI bank single currency Forex card

You don’t need to have a savings or a current account with the ICICI bank for purchasing ICICI forex card. You can simply visit any ICICI branch & can purchase the card. Icici Bank has 3 types of Forex cards they are as below.

  • Multi-currency Travel Card
  • Student Travel Card
  • Single Currency Travel Card

2. ICICI BANK Multicurrency Travel Card

 You can carry up to 15 currencies on a single card -

  1. US Dollar (USD),
  2. Pound Sterling (GBP)
  3. Euro (EUR)
  4. Canadian Dollar (CAD)
  5. Australian Dollar (AUD)
  6. Singapore Dollar (SGD)
  7. Arab Emirates Dirham (AED)
  8. Swiss Franc (CHF)
  9. Japanese Yen (JPY)
  10. Swedish Krona (SEK)
  11. South African Rand (ZAR)
  12. Saudi Arabian Riyal (SAR)
  13. Thai Baht (THB)
  14. New Zealand Dollar (NZD)
  15. Hong Kong Dollar (HKD)

3. ICICI bank student card  (best forex card for students)

They are best cards for students who wish to travel abroad for studies and they have chosen the top 5 currency where Indian student travel the most. If you are a student who plans to go abroad for studies this card is a must take card as you will surly need money on the new land you travel, Be it entrance exam fees, payment for university admission or daily expenses while studying overseas.

The card is available with 5 currencies:

  1. US Dollar
  2. Pound Sterling
  3. Euro
  4. Canadian Dollar
  5. Australian Dollar

4. ICICI Bank Single Currency Travel Card

This Forex card is the best option when you are planning to visit a single location. Though it allows you to load nine different currencies on to the card, only a single currency can be loaded and used at a go. The card offers various discounts on dining, shopping along with the special privileges at merchant outlets.You can avail this card through their online platform Forex@click and get a door delivery within 2 days.

9 currency which can be loaded in single currency travel card

  1. US Dollar (USD)
  2. Singapore Dollar (SGD)
  3. British Pound (GBP)
  4. Australian Dollar (AUD)
  5. Arab Emirates Dirham (AED)
  6. Canadian Dollar (CAD)
  7. Euro (EUR)
  8. Swiss Franc (CHF)
  9. Japanese Yen (JPY)

Benefits of ICICI Forex Card

  • Up to 59% discount on dining, shopping, stay and much more while travelling overseas with your ICICI Bank Travel Card.
  • Superior security.
  • Free Replacement Card in the kit.
  • Duty-Free shopping at Indian airports
  • Free Comprehensive Travel Insurance
  • Travel insurance cover of up to Rs 10,00,000.
  • Emergency Travel Assistance
  • Buy/Reload/Refund Online* through Internet Banking or iMobile app
Check out: ICICI Bank Credit Card Customer Care Number

5. Thomas cook Forex card

Thomas cook one of the leading financial service providers offer two types of forex cards aiming for the needs of different customers.

Borderless prepaid card

The borderless prepaid card is exclusively designed for business travelers or frequent travelers. You can load 8 currencies in the single card and enjoy the convenience of transacting in different countries on your travel. The conversion fee on this card is 4.25% which is on the higher side.

Currencies You Can Load

  1.  US Dollar
  2.  Euro
  3. Great Britain Pounds
  4. Japanese Yen
  5. Australian Dollars
  6. Swiss France
  7. Canadian dollars
  8. Singapore Dollar

The conversion fee on this card is 4.25% which is on the higher side.

Thomas cook one currency card


The second variant of Thomas cook Forex card is one currency card is one currency card and it allows you to load single currency USD.

The best part of this card is you enjoy zero conversion fee. The card comes with the validity of 5 years and limits on the amount you can load on the card as a top up.

The maximum limit is 10,000 and the minimum is 100.

6. Induland multi-currency Forex card

Indusind multi-currency Forex card

As the name goes, this is multi-currency forex card designed for frequent travelers. Even this card comes with an option to load 8 currencies. An added advantage with this card is the facility to use it across 1.6 million visa plus ATMs in different countries. Dining privileges are an added bonus here. Paired card kit option serves as a backup in case your primary card is lost. If you are on a trip to multiple locations, the multi-currency forex card can expedite transactions and safeguard against price fluctuations. 

As the name goes, this is multi-currency forex card designed for frequent travelers.

Even this card comes with an option to load 8 currencies.

  1. Australian Dollar,
  2. US Dollar
  3. Euro
  4. British Pounds
  5. Canadian Dollar
  6. Saudi Riyal equals
  7. Singapore Dollar
  8. UAE Dirham
  • Added advantage with this card is the facility to use it across 1.6 million visa plus ATMs in different countries.
  • You can make all international bookings/ payments for hotels, restaurants, airlines, stores, and petrol pumps through the Travel Card at no extra charge.
  • Paired card kit option serves as a backup in case your primary card is lost.
  • Zero charges on 2 ATM withdrawals per month, under fair usage plan.

7. HDFC multi-currency platinum card

HDFC multi-currency platinum card

The Forex card of HDFC has the facility to carry 22 currencies in the single card with 2% conversion fee which is the lowest of all Forex cards available in India. The issuing fee for the card is 500 which is a bit high compared to others, it is compensated with low conversion fee, special offers, global assistance and much more. The banks offer the convenience of reloading the card either through net banking or customer support.  The card also gets misuse protection up to 500,000.  In addition, HDFC forex cards facilitate contactless payments and insurance coverage.

The Forex card of HDFC has the facility to carry 22 currencies in the single card

  1. US Dollar
  2. Australian Dollar
  3. AED (Dirhams)
  4. Canadian Dollar
  5. Euro
  6. Hongkong Dollar
  7. Japanese Yen
  8. Singapore Dollar
  9. Sterling Pound
  10. Swiss Franc
  11. Swedish Krona
  12. Thailand Baht
  13. South African Rand
  14. Oman Riyal
  15. New Zealand Dollar
  16. Danish Krone
  17. Norwegian Krone
  18. Saudi Riyal
  19. Korean Won
  20. Bahrain Dinar
  21. Qatari Riyal
  22. Kuwait Dinar

 Charges

  • Issuance Fee – Rs 500 (one time)
  • Reload Fee – Rs 75
  • Re-active Fee – Rs 100
  • Cross Currency Fee – 2%
Check out: Top HDFC Bank Credit Cards

8. Yes bank multi-currency Forex card

The card has the lowest issuing fee of 125 when compared to other cards in India.  It is a good choice if you are looking to pick the card with the lowest issuing fee. The Forex card of YES bank allows you to load 15 current and has second lowest conversion charges 2.75% after HDFC cards. The Card can be used at more than 31.4 million merchant outlets across the globe accepting MasterCard and at over 1.9 million MasterCard Network ATMs

The Forex card of YES Bank has the facility to carry 15 currencies in the single card.

  1. USD(United States Dollar)
  2. GBP (British Pound)
  3. EUR (Euro)
  4. SGD (Singapore Dollar)
  5. AUD (Australian Dollar)
  6. AED (UAE Dirhams)
  7. JPY (Japanese Yen)
  8. CAD (Canadian Dollar)
  9. HKD (Hong Kong Dollar)
  10. CHF (Swiss Franc

Benefits

  • Lost Card* Liability & Counterfeit Card Liability Insurance of Rs 3 lakhs
  •  Load up to 15 currencies
  •  Lowest issuing fee 125
  • Second least cross currency fee after HDFC multi-currency forex card.
  • You can withdraw cash at any VISA/Mastercard ATMs across the world.
You can also have a look at Moneysavingwallet's choice of - 25 Best Credit Cards in India

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