6 Frequently Asked Questions About Forex Cards

Forex cards are one of the most convenient ways to carry money when travelling to a foreign country. It is safe, user-friendly, cost-effective and ensures you enjoy a worry-free trip abroad.

Here are six frequently asked questions about Forex Cards.

  • How to check balance on a Forex Card?

    You can check your Forex Card balance through:
  • NetBanking – If you are logging in for the first time, register and then check your Forex Card balance any place, anytime
  • PhoneBanking – Register your phone number with your bank to get regular notifications on your transactions and balance. 

    To know how to reload your card after checking your balance, read here.
  • Can a Forex Card be used for online transactions? 
    You can use it just like your Credit Card for online shopping or to make online payments for flights, hotel rooms, etc. The advantage of using a Forex Card when abroad is that online transactions will not attract additional (cross-currency) charges.
  • How much does a Forex Card cost? 
    You need to pay a nominal issuing fee and loading fee for a Forex Card, which may differ by bank or the type of Forex Card you purchase. While applying for your card, you will also have to pay in Indian rupees the amount of foreign currency you wish to carry.
  • Is a Forex Card safe? 
    Forex Card is the safest way to carry money in a foreign country.
    • It is convenient to carry and protected by a PIN
    • In case of theft, the card can be blocked and the amount in it remains safe in your account
    • It shields you from fluctuations in foreign currency rates
    • You can carry multiple currencies in one Forex Card, which is safe and hassle-free
    • You get free insurance cover for loss or theft of card
  • Travel card vs Forex Card: What is the difference? 
    A Forex Card and Prepaid Travel Card refer to the same thing.

    HDFC Bank offers a wide range of ForexPlus Cards to suit the needs of a variety of travellers. From Multicurrency Cards, packed with features and zero cross-currency charges, to specialised cards for students and pilgrims, you can pick one that is right for you.
  • Can I use my Forex Card in India? 
    No, you cannot use it in India, Nepal or Bhutan. The Forex Card is intended only to be used during your travels abroad.

    To apply for the HDFC Bank ForexPlus Card, you can click here.

* Terms & conditions apply. Forex Card approvals are at sole discretion of HDFC Bank Ltd