Axis Bank Multi Currency Travel Forex Card

Axis Bank Multi Currency Forex Card

Axis Bank Forex Card

Axis Bank's Forex Cards, valid for 5 years and supporting up to 16 currencies, cater to the diverse needs of international travelers. Each card in the range, the Axis Multi-Currency Forex Card, Club Vistara Forex Card, Axis Bank World Traveller Forex Card, and the Axis Bank Burgundy Multi-Currency Forex Card are equipped with cutting-edge features like Visa payWave for contactless payments, cards cater to various travelers with special perks such as Club Vistara Points and Miles & More membership and benefits like emergency assistance, comprehensive insurance enhancing every journey.

Types of Forex Cards Offered by Axis Bank

Axis Bank Multi-Currency Forex Card: A traveler's delight, this prepaid travel card allows you to load up to 16 different foreign currencies eliminating the need to have separate cards, ensuring seamless transactions across borders. With Visa payWave technology, enjoy the ease of contactless payments, along with the benefit of an International Student Identity Card and a Free international sim card. It's packed with delivery of emergency cash assistance and comprehensive insurance coverage up to Rs. 3 lakh, making it a secure companion for your journeys.

Axis Bank Club Vistara Forex Card: Earn 500 CV Points as a welcome bonus and continue accumulating with every spend you do from time to time from this prepaid foreign currency card. Tailored for the international traveler who prefers to fly with Vistara, this card not only simplifies currency management with its multi-currency functionality but also rewards you with Club Vistara Points. It's the perfect card for those looking to combine travel convenience with rewards.

Axis Bank World Traveller Forex Card: Aimed at the avid traveler, this card accepts 16 currencies and offers exclusive benefits like complimentary Miles & More membership. You get a welcome bonus of 1000 air miles and 2000 miles as a bonus reward on loading more than $4000. Save on transaction fees and enjoy competitive exchange rates. Plus, earn miles for every load and spend, making every trip more rewarding.

Axis Bank Burgundy Multi-Currency Forex Card: Designed for the premium frequent traveler, this card offers a wide range of benefits, is preloaded with multiple currencies to access money easily in the required regional currency and can be used in different merchant outlets or contactless readers without any additional charge, with additional perks like fee waivers on issuance, reload, and encashment, and 6 global ATM fees per transaction waivers per year. It's the epitome of travel luxury and security, along with emergency cash assistance, with an insurance cover up to Rs. 3 lakh.

Axis Bank Forex Card Charges in India

Know about the financial specifics of Axis Cards with our detailed comparison table. Here, we break down the joining fees, renewal fees, currency conversion charges, and reload fees for each card, providing a clear picture to help you manage your travel budget effectively. Whether you want the Multi-Currency Axis Bank Card, the Club Vistara Forex Card, the World Traveler Card, or the Burgundy Multi-Currency Card, understanding the costs associated with each single card is helpful, ensuring you make an informed choice tailored to your financial preferences.

Axis Forex Fees and Charges

Card TypeCard Issuance FeeRenewal FeeCross Currency ChargesReload Fee
Multi-Currency Forex CardINR 300INR 1003.5% + GSTINR 100
Club Vistara Forex CardINR 500 + GSTINR 100 + GST3.5% + GSTINR 100 + GST
World Traveller CardINR 300INR 1003.5% INR 100
Burgundy Multi-Currency CardINR 300INR 1003.5% + GSTINR 100

Key Features and Benefits of Axis Bank Forex Cards

Axis offers various features and benefits for prepaid travel cards for handling your foreign exchange abroad, from the convenience of contactless payments to exclusive membership perks and fee waivers, make them a better choice from debit cards or credit cards,  discover through our comprehensive comparison of these preloaded cards key features and benefits. which card aligns with your foreign travel needs and lifestyle, making your international travel experience smoother and more rewarding in a foreign country. 

CardsSupported CurrenciesSpecial FeaturesIdeal for
Multi-Currency Forex Card16Contactless Payments, Emergency AssistanceFrequent Travelers
Club Vistara Forex Card16CV Points, Emergency CashVistara Travelers
World Traveller Card16Miles & More Membership, Competitive RatesMile Collectors
Burgundy Multi-Currency Card16Fee Waivers, ATM Transaction Fee Waivers

Premium Travelers

Axis Bank's travel Cards also come with the inclusion of insurance coverage, offering peace of mind on your foreign trips. Powered by contactless technology these cards include insurance coverage for loss of card, stolen, or counterfeit card incidents, with coverage up to Rs. 3 lakh, this card also protects you against fraudulent usage or fraudulent transactions. The cover for ATM assault and robbery is up to 60000, including the expenses of medical treatment, Travel with confidence of secure transactions, knowing your finances are secure.

The Application Process for Axis Bank Multi-Currency Forex Cards

Applying for an Axis Bank Multi-Currency Travel Card is a straightforward and secure process, designed to equip travelers with a hassle-free financial companion for their international journeys and foreign currency transactions. Interested applicants can easily fill out the application form and apply online or visit their nearest Axis Bank branch, providing necessary documents such as a valid passport, visa, and airline tickets. Once approved, the card can be loaded with up to 16 different currencies, offering the convenience of contactless payments, comprehensive insurance coverage, and emergency assistance, making every trip abroad a seamless experience.

Conclusion

Axis Bank's diverse range of travel Cards is designed to meet the unique needs and preferences of various travelers. From the Multi-Currency Travel Card for those seeking versatility in currency options to the Club Vistara Forex Card for Vistara loyalists, the World Traveler Card for mile enthusiasts, and the Burgundy Multi-Currency Card for those who appreciate premium services and fee waivers, there's an option for every type of traveler. By understanding the specific features, fees, and benefits of each card, users can make an informed decision and choose the card that best suits their travel style and financial requirements, ensuring a more enjoyable and stress-free travel experience.

FAQs

What is the Axis Bank Forex Card daily limit?

There is currently a daily limit of $10000 for purchases at a merchant establishment and a daily limit of  $1000 or equivalent for cash from ATM withdrawals.

Do Axis Bank Multi-Currency Cards levy a mark-up fee?

No, there is no mark-up fee on the transactions or online payments done in the currency loaded on the card.

The Axis Bank Multicurrency travel card is suitable for which type of international travelers?

This card has various currencies available on a single card and is best suited for frequent travelers for their international payments.

How many loading of currencies is offered by Axis Bank multi-currency cards?

Axis Bank offers loading of 16 currencies namely: United States Dollar (USD), Euro (EUR), Great Britain Pound (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), Singapore Dollar (SGD), Swiss Franc (CHF), Japanese Yen (JPY), Swedish Krona (SEK), New Zealand Dollar (NZD), UAE Dirham (AED), Saudi Riyal (SAR), Thai Baht (THB), Hong Kong Dollar (HKD), South African Rand (ZAR), and Danish Krone (DKK)

Can I customize my Axis Bank Forex Card?

Yes, cardholders can opt to choose a personalized image available in the Bank's image gallery to be imprinted on their foreign exchange card.

Do Axis Bank Forex cards come with a replacement card?

Yes, you can avail of the add-on card with a card fee of Rs.100 at the time of application or contact customer care to send you a replacement card in case of loss of the card  

What documents are required for the application of Axis Bank Forex Cards?

A valid passport with at least 6 months validity, a VISA for the destination country, and a confirmed air ticket. NRIs also need to provide a copy of their VISA and resident permit.

How can I activate and load the Axis Bank Forex cards?

Card Activation and loading can be done via internet banking, the Axis Mobile app, or by visiting an Axis Bank branch. Family members can also load the card with a duly signed authorization letter. At the time of issuance, If you have activated the card online then all the currency wallets are active, choose to load any one or a few wallets as per your choice.

What are the insurance benefits with Axis Bank Forex cards?

Along with locked-in exchange rates protecting against rate fluctuations, the card includes complimentary insurance covers with an insurance cover of up to Rs.3 lakh and an additional ATM assault and robbery cover of Rs.60,000, ATM withdrawal is not covered currently in case of lost or stolen card.

What is the fee for currency conversion associated with Axis Bank Forex Cards?

Yes, these prepaid cards offer a currency conversion charge of 3.5% plus applicable GST. on offline and online transactions 

What makes the Axis Multi-Currency Forex card suitable for frequent travelers?

Its ability to hold multiple currencies, contactless payments feature, and comprehensive insurance coverage makes it ideal for frequent international travelers.

Can I avail of a refund of the residual or unutilized balance on my Axis Bank Forex Card?

Yes, visit any Axis Bank branch near you irrespective of where the card was issued, and submit the complete refund form along with a copy of your passport, the refund will then be processed

What is the validity of Axis Bank Forex Cards?

The Axis Bank Range of products of Forex Card are valid for 5 years.

What is the TripAssist facility offered by Axis Bank Forex Cards?

Axis Bank as the service provider of the card offers emergency assistance services through TripAssist for added security during travel.

Does using the Axis Bank Forex Card at merchant establishments incur a foreign transaction fee?

No, swiping your Forex Card for international transactions at merchant establishments does not incur any transaction charge, allowing you to shop and dine without worrying about extra charges, with a lower currency conversion fee on Southeast Asian Currencies.

How can I use an Axis Bank Forex Card for cash withdrawal?

The Forex Card enables cash withdrawals from any overseas ATMs that accept VISA/VISA Plus or Mastercard. Insert your card, choose the Checking/Current Account option, and proceed as instructed. Input your PIN and specify your desired amount in the local currency. The amount will be dispensed in the country's local currency, with a modest charge of US $2.25 per transaction.

Is there any cash assistance associated with Axis Bank Forex Card?

Yes, your Axis Forex Card with a locked-in exchange rate feature comes with a valuable complimentary service, offering emergency cash assistance if your card is lost or malfunctions while you're overseas. This emergency provision allows you to access the funds up to the balance available on your card, in accordance with the local regulations of the country you're visiting.

Is using the Axis Bank Forex Card more cost-effective compared to other forex options?

Yes, the Axis Bank Card is a secure option that offers savings by eliminating the usual 3.5% transaction charges applied to credit/debit card usage abroad, especially at POS (point-of-sale) terminals, and it comes with a low foreign exchange rate, making it a more economical choice.

 

 

 

 

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