The Honest Review of Axis, ICICI and HDFC Forex Card

5 stars based on 71 reviews

Axis Bank Multi-Currency Forex card is a great card for all people who are planning a holiday abroad. You can load 16 different currencies in the card. The card comes with insurance cover, global assistance with TripAssist, special offers, and much more.

You can simply walk into any Axis Bank branch and sign up for the card. The forex card is valid for 5 years. This means that you can reload the card multiple times every time you go for a holiday abroad. You can load up to 16 currencies on this card and travel globally without any hassle. The best part is that with just one ATM pin you can access your account online or withdraw funds from multiple currencies.

One of the biggest advantages of a forex card is that the exchange rates are locked in advance. Whenever you take that Euro trip make sure to use your Axis Bank Multi-Currency Forex card and get discounts at all participating restaurants. For any type of ATM assault or robbery, you get an insurance cover up to Rs. The Axis Bank Multi-Currency Forex card is accepted at over 30 million Visa merchant outlets and over e-commerce websites.

Simply register your email id and your international mobile number to get instant alerts for all payments and transactions that you make. With the card, you get customer support all across the globe.

Prepaid Forex cards are a great way to carry money in multiple currencies when you go abroad for a holiday. In this day and age, cards have become commonplace and are used for shopping, at restaurants, and for almost all types of purchases.

However, it is advisable to carry some amount of cash with you whenever you go abroad for a holiday. You never know when the cash may come in handy.

Here are some of the advantages and reasons as to why you should use this card: The card offers a very safe and secure means of carrying sixteen foreign currencies. The card is enabled with chip and pin technology so that only you can use it. If you lose your card or it gets stolen, you can immediately report it and get the card blocked.

The exchange rate for the foreign currencies is pre-locked which keeps you safe from the exchange rate fluctuations. If you had cash with you INR and wanted to convert it to another currency, the exchange rates would be generally much high. The Axis Bank Multi-Currency Forex card is a contactless card which means that you just have to wave the card at a secure reader and your payments will be made. No need for cash, or even entering your pin, or handing over your card to the merchant.

You can easily reload the card by contacting the Axis Bank branch from where you purchased the card. You can also reload the card via Axis Mobile. All you have to do is leave a signed copy of the reload form and authorization with your family.

Your family member will have to approach the Axis Bank branch with the reload form. The card would be reloaded on submission of the documents and receipt of the payment. You can use the card worldwide except India, Nepal, and Bhutan. All transactions overseas must be made in accordance with the guidelines set forth by the Exchange Control Regulation of Reserve Bank of India.

This is subject to one or many visits in any country except Nepal and Bhutancategorised as under:. Follow these steps for an amazing shopping experience:.

However, your card will continue to function as a Pre-paid Debit Card. Every time you visit an ATM to withdraw cash, you will see three options on the screen for the account type from which you can do the transaction: Always select the Checking option. If the Checking option is not available then you should choose the Credit option.

There is a possibility that the overseas bank may have a usage limit on the card. If this is the case, then the limit set by the overseas bank takes precedence. If you select this option, the transaction will be blocked as the Axis Bank Multi-Currency Forex card does not support the Dynamic Currency Conversion.

Since your card is loaded with a specific currency, it is meant to be used in that currency. If you select the option to transact in the home currency, the card may attract some charges. Axis Bank will not be responsible for any charges that are levied due to the wrong usage of the card. Every time you withdraw cash from an ATM, you will be charged a fee. The transaction fee for cash withdrawals will be deducted from your Axis Bank Multi-Currency Forex card at the time of posting the cash withdrawal.

Inactivity fee will be levied if the forex card is not used for a consecutive time period of 36 months. Please make sure you block your forex card after your trip is over. Please make sure you check the balance on your card at any Axis Bank ATM before leaving for your journey. Once you are outside India, you will be charged a balance inquiry fee every time you use an ATM abroad to check your balance.

Any transaction of the currency loaded in your card will use that currency wallet. However, if sufficient balance is not available then funds from another wallet will be used based upon the authorization order set by the bank. A cross-currency charge of 3. For such transaction, cross-currency charges will be levied as applicable. Any transaction that is greater than the funds available in any of your wallets will be declined.

Cumulative funds of all wallets will not be considered for transactions. The extra 7 currencies is as follows:. With the Standard Chartered Multicurrency Forex card, you can load up to 20 currencies in one card and travel hassle free across the globe. The extra currencies are as follows:. The issuance of the Standard Chartered Multicurrency card is Rs. The card lets you hold up to 16 currencies which is great.

All the exchange rates are pre-locked when you purchase the card which means that exchange rate fluctuations will not affect you. The best part is that you can access your funds anytime anywhere. Also, you have global assistance for any type of help you need regarding the card. Himank is a highly motivated and dedicated person. Himank has a passion for Financial Markets. He wants to help everyone achieve Financial Freedom! View all posts by Himank Mishra. This forex card is of two types: You can pay by simply waving your card at a secured card reader.

Axis Bank Multi-Currency Forex Card Benefits Single card for 16 currencies You can load up to 16 currencies on this card and travel globally without any hassle. The sixteen currencies available are as follows: Encash your funds or keep the balance after returning from your trip Once you return from your trip you can choose to do the following: Instant alerts Simply register your email id and your international mobile number to get instant alerts for all payments and transactions that you make.

You can call on any of the following numbers to get assistance anytime anywhere. Safety and security The card offers a very safe and secure means of carrying sixteen foreign currencies. Pre-locked exchange rates The exchange rate for the foreign currencies is pre-locked which keeps you safe from the exchange rate fluctuations.

Simple and easy for making payments The Axis Bank Multi-Currency Forex card is a contactless card which means that you just have to wave the card at a secure reader and your payments will be made. Easy to reload the card You can easily reload the card by contacting the Axis Bank branch from where you purchased the card. International usage You can use the card worldwide except India, Nepal, and Bhutan.

This is subject to one or many visits in any country except Nepal and Bhutancategorised as under: Follow these steps for an amazing shopping experience: Swipe your card at an EDC terminal to make the purchase After authorization, funds equal to the transaction amount will be debited from your card account Maximum purchase limit set by Axis Bank is given in a table below A charge slip will be generated Please sign the charge slip to complete the transaction Important points to note: Other fees and charges Initial sale fee: The extra 7 currencies is as follows: Standard Chartered Multicurrency Forex Card More currencies with the Standard Chartered With the Standard Chartered Multicurrency Forex card, you can load up to 20 currencies in one card and travel hassle free across the globe.

The extra currencies are as follows: Himank Mishra Himank is a highly motivated and dedicated person. Duty free shopping US store shopping and delivery to India Students get cashback and fees are waived.

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Crafted with care and a host of privileges, the Navigator Forex Card in association with Axis Bank is the most convenient and secure way to carry currency overseas. With the Navigator Forex Card you can leave your worries about fraudulent usage of your card aside.

The card comes with enhanced security of an Insurance Cover in case there is any liability on a lost card. The insurance cover is provided upto INR 3,00, ATM assault and robbery: We provide cover upto INR 60, including the expense incurred towards medical treatment. This is a priced service provided by VISA. Click here for Visa toll free numbers. Please refer to the schedule of charges for replacement card fees for international and domestic delivery. The service is dependent on the infrastructure, connectivity and services provided by the local service provider of the destination country.

Deutsche Bank and Axis Bank shall not be liable for any delay, inability or loss of information in the transmission of alerts. Simply log on to your Navigator Card login using your card number as user id and login password, login password is available in your instant kit. You can view the following details online:.

If you have loaded any other currency, the balance for that currency would not be shown at the ATM, you can use your online access to check the balance for all wallets. A protocol from Visa that lets you shop online securely with your Navigator Forex Card.

Verified by Visa confirms your identity through simple check process when you make online purchases with the card. If address mentioned on application form is different from passport as well as the one updated with Deutsche Bank, you need to provide new address proof.

For refund of the card, you need to provide filled up refund form. For blocking of your card, you may contact any of our 24 x 7 International toll free numbers or the India paid number. This Navigator Forex Card is the property of Axis Bank and the complete ownership of the same lies with it. Click here for detailed terms. Sitemap Print Search Apply Now. Navigator Forex Card Enjoy the convenience of cashless travel. Benefits Multiple Currency Accessibility.

You can have multiple currencies loaded on a single plastic card. You need not carry multiple card plastics for each currency you spend in.

Each currency loaded on your card is known as a Wallet i. Your Navigator Forex Card is accepted at over 28 million merchant outlets around the world that display the Visa signage. Your card can be used in department stores, hotels, hospitals, restaurants, airlines, petrol pumps, paying for customs duty and even when you travel from one place to another.

Navigator Forex Card can be used to withdraw cash in the local currency of the country you are in. No longer queues to purchase money in different currencies in India for your oversea trip. Your card is an EMV Chip Card Europay, Mastercard and Visa, a global standard for inter-operation of integrated circuit cards offering greater security when you transact.

The microchip on the face of this card stores customer data in a secured manner, making it extremely difficult to copy. This advanced technology is more effective in preventing your card from being copied to produce counterfeit cards.

For better acceptability across merchants, the EMV Cards will also contain a magnetic strip on the reverse of the card to ensure swipe transactions. However, we recommend that you use your EMV Chip Card only at merchant terminals with chip capability to avoid skimming frauds. With the Navigator Forex Card, you will never have to worry about fluctuating exchange rates or unexpected fees since you lock in your exchange rate when you load the card.

Global Customer Assistance Service. Please note that these services are charged as follows: Miscellaneous Customer Service Inquiries: USD 5 per enquiry. USD 35 per card. USD 25 on disbursement. Visa Blockbuster Extended Weekend Offer. Internet Access Simply log on to your Navigator Card login using your card number as user id and login password, login password is available in your instant kit.

You can view the following details online: For free registration, click here. If you are already registered, to login click here. Offers Enjoy exciting offers on your Navigator Forex Card.