Most people travel to different countries for work or vacation. However, managing money while travelling can be tricky. Carrying too much cash is risky and using Debit / Credit Cards abroad can end up costing a fortune.
Apply for the Forex Card – it's a special travel card which offers several benefits for travelling abroad. Instead of carrying cash, you can load funds onto the Forex Card. It's like having a secure wallet that can hold different currencies from around the world — all without unnecessary fees.
If you are planning a trip to a foreign country, consider getting a Forex Card. It is a simple and smart way to manage your money while travelling, ensuring a hassle-free and budget-friendly experience.
Advantages of a Forex Card
- Security: Unlike cash, which has the risk of theft or loss, a Forex Card works on a secure platform with a chip-and-PIN mechanism. This reduces the risk associated with carrying cash while traveling. You can lock the funds when not in use, adding an extra layer of security.
- Cost-effective: Forex Cards offer competitive exchange rates and lower transaction charges, making them a cost-effective option for international travel. By avoiding heavy fees, you can allocate more funds towards enriching experiences during your trip.
- Convenience: Forex Cards allow you to access funds in the local currency of your destination without the hassle of carrying cash. They are accepted at ATMs, hotels, restaurants and shops worldwide.
- Mitigating currency fluctuations: Forex Cards provide an edge over currency fluctuations, especially for individuals travelling to countries with volatile exchange rates. By locking in the exchange rate at the time of loading the card, you can safeguard yourself from the fluctuations and ensure your purchasing power remains intact.
How to get a Multi-Currency Forex Card?
Obtaining a Forex Card is a straightforward process that can be completed in a few simple steps:
- Apply digitally: Apply for the Multi-currency Forex Card through the Axis Bank website from the comfort of your home.
- Submit application: Once you fill out the application online, you will need to provide necessary documents, such as identification proof (Aadhaar Card, PAN Card, etc.), passport copy, visa copy and proof of travel (flight tickets).
- Load funds: After your application is approved, you can deposit funds onto your Forex Card. Load the currencies you will need for your trip.
- Activate and use: After receiving your Forex Card, activate it as per the specific instructions. Your card is now ready to be used for transactions both online and offline, wherever Visa or Mastercard is accepted.
- Manage and reload: Login to mobile app, open to monitor your balance, track transactions and reload funds as needed during your travel.
Also Read:How a Forex Card can aid students going overseas
Conclusion
When you travel to other countries, you need a safe way to handle your money. This is where Forex Cards come in! These cards keep your money safe and are cheaper to use than Debit or Credit Cards. Forex Cards are easy to use and help keep track of your spending.
With Axis Bank Forex Cards, you can carry up to 16 different currencies, have perks of locked-in exchange margin, reload the card via digital channels and get 24x7 emergency help by TripAssist in case you lose your card. Apply for a Forex Card before you travel abroad to enjoy a memorable and seamless experience on your international trip, backed by the security and reliability of Axis Bank.
Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
