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Travelling abroad? Here are top 10 forex cards for a hassle-free visit
Nov 28, 2024
Consider carrying a Forex card when abroad and use it for foreign currency transactions.
Indians travelling abroad for leisure, business or education has been rising steadily and managing foreign exchange has become crucial to ensure hassle-free travel.
A forex card is a convenient and secure way to carry foreign currency, making it easy to manage multiple currencies. These cards are denominated in several major currencies, including the US dollar, Australian dollar, UK pound, euro, dirham, and Singapore dollar.
These cards are available from various banks such as Axis Bank, HDFC Bank and ICICI Bank. Fintech companies like BookMyForex also offer forex cards with competitive features, including interbank rates, zero mark-ups, and no issuance charges.
You can reload forex cards instantly through bank or fintech apps. Unlike debit and credit cards, forex cards often have lower currency charges and transaction fees.
There are plenty of options, which can be overwhelming. Here are the 10 best forex cards listed by card comparison website CardInsider.
Niyo Global Card
Niyo Solutions, in collaboration with Equitas Small Finance Bank, has introduced the Niyo Global Card. This card enables users to make international payments in more than 130 currencies at affordable rates.
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