A Forex Cards

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.

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?

A forex card comes with two main variants–multicurrency forex cards and single currency cards. A single currency card has limited use, and you will incur higher cross-currency charges if you use it in another currency. A multicurrency card for example, can travel with you wherever you go. You can load it with up to 23 currencies and use it across the world. You can also shuffle funds from one currency to another whenever you need via prepaid Net Banking -- for example, if you are visiting two countries which have different currencies

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

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.