Are you a frequent traveler? Here is the best multi-currency forex card for your travels abroad
Do you frequently travel for either business or leisure? You must know that traveling abroad requires solid planning. It requires arranging your travel documents, such as passports, visas, finding airline tickets, hotel bookings, etc. Besides, it is imperative to pay attention to how to carry your money abroad.
There are several options to opt for. For instance, you can use traveler’s cheques, credit cards, debit cards, or forex cards. However, the most convenient and safest option to carry your money abroad is through a forex card. So, if you are a frequent traveler, it is advisable to buy a forex card in India and travel the world without much stress.
So, what is a forex card?
A forex card is a prepaid travel card that allows you to load the currency of your choice at an affordable foreign exchange rate. It comes preloaded and therefore, protects you against fluctuating foreign exchange rates. It is the safest and easiest way to carry your money abroad. You can use your forex card to make bookings and payments at airlines, hotels, restaurants, stores, and petrol pumps at zero extra charge.
Besides just swiping at PoS terminals, you can also use your forex card to withdraw cash from any visa-enabled ATMs without worrying about currency conversion charges. As a frequent traveler, it would be wise to get a multi-currency forex card. It allows you to load multiple foreign currencies at once and travel the world without worrying about cross-currency charges.
Which is the best multi-currency forex card in India?
If you want to buy a forex card in India, you might want to choose IndusInd Multi-currency Forex Card. So far, it is the easiest way of carrying foreign currencies abroad. It allows you to load your forex card with up to 14 foreign currencies at once, which means that you can travel to up to 14 countries without worrying about cross-currency charges and the need to buy a new forex card every time you visit a new country.
Here are the top benefits of IndusInd Multi-currency Forex Card:
● Unbeatable foreign exchange rates
The best thing about the IndusInd Multi-currency Forex Card is that it offers better foreign exchange rates while loading currencies on it than carrying cash. The foreign exchange rates are taken from live market data, ensuring transparency while fetching the best forex rates for you. It is a great way of saving money while traveling abroad.
● Load it at locked-in foreign exchange rates
You can load your forex card with up to 14 foreign currencies at once at locked-in exchange rates. It means that after loading your forex card, you are immune to the fluctuation of currency conversion rates in the forex market. For instance, if you load 500 USD in your forex card, the value in it will remain 500 USD regardless of the fluctuations in the INR-USD exchange rate.
● It is safe and secure
An IndusInd Multi-currency forex card is safer than carrying cash. It comes with an embedded chip and PIN technology that ensures the safety of your hard-earned money on your travels abroad. If you lose your forex card, you can immediately contact your bank and block your forex card to prevent unauthorized transactions.
● Load it with multiple foreign currencies
You have the luxury of loading your IndusInd Multi-currency Forex Card with up to 14 foreign currencies at once. The available options are:
● United States Dollar (USD)
● Euro (EUR)
● Great Britain Pound (GBP)
● Australian Dollar (AUD)
● Canadian Dollar (CAD)
● Arab Emirates Dirham (AED)
● Swiss Franc (CHF)
● Hong Kong Dollar (HKD)
● Japanese Yen (JPY)
● New Zealand Dollar (NZD)
● Saudi Riyal (SAR)
● Singapore Dollar (SGD)
● South African Rand (ZAR)
● Thai Bhat (THB)
● No additional charges when swiping at PoS terminals
Another benefit of getting an IndusInd Multi-currency Forex Card is that you can use it to make all kinds of purchase transactions on your travels abroad without incurring foreign transaction fees. Besides that, you can also withdraw cash from any visa-enabled ATMs at no currency conversion charges. However, you will have to incur a flat withdrawal fee on each transaction you make.