What is a Forex Card?

What is a Forex Card?

A forex card is your best friend on your travels abroad. It is the easiest way to carry foreign currency and pay for expenses on your overseas trips.

Think of a forex card as a prepaid travel card that you can load with a foreign currency of your choice. You can use a forex card just like a credit or debit card to pay for your expenses in a local currency abroad. You can withdraw local cash from an ATM.

HDFC Bank issues a wide range of Forex Cards, or ForexPlus Cards that cater to different needs.

With a forex card in your wallet, you need not carry wads of cash on your sight-seeing trips in a new country.Forex cards are considered one of the safest ways to carry money on your international travels.

Easily pay for entry tickets, rail and bus passes, taxis, restaurant bills, shopping etc with a swipe or a wave of your forex card.

What are the different types of forex card?

There are two main variants of a ForexPlus Card – Multicurrency ForexPlus Card and a single currency card, which is the Regalia ForexPlus Card.  Besides these, there are student ForexPlus Cards like the ISIC Student ForexPlus Card and specialized cards like the Hajj Umrah Card (that caters to the unique forex needs of Hajj pilgrims). The MMT HDFC Bank ForexPlus Card also allows you to enjoy a power packed travel, with plenty of benefits and offers.

If you are a student, you can opt for the HDFC Bank ISIC Student ForexPlusCard, which works as a global student identity card as well as an easy way to pay for your expenses.

Besides these, you can get specialized cards like the HDFC Bank Hajj Umrah Card (that caters to the unique forex needs of Hajj pilgrims).

HDFC Bank also offers the Regalia ForexPlus Card for frequent travellers. You load the card in USD and you can seamlessly use it to pay in any currency around the world without incurring additional cross currency charges. The Regalia ForexPlus Card saves you the hassle of moving funds within your card from one currency to another.

What is a contactless forex card?

A contactless card lets you make payments for your purchases at retail outlets simply by waving or tapping at the payment terminal. It is a safer and more convenient way to pay because your card does not need to leave your hand.

What are the benefits of a forex card?

A forex card comes with several benefits. It’s the cheapest way of carrying and paying in foreign currency internationally; it’s safer than cash; cheaper than other cards and convenient as credit or debit cards; you can use it for multiple trips; and you get to enjoy special privileges and discounts wherever you go. Here’s a detailed article on the Multicurrency ForexPlus Card benefits.

If you are looking to apply for a Forex Card, click here to apply now!

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

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