In today’s interconnected world, where international travel and global commerce have become the norm, the demand for efficient and secure methods of managing foreign currencies has never been greater. This is where the Forex Card steps into the spotlight as a revolutionary financial tool. Offering a seamless blend of convenience, security, and flexibility, Forex Cards have rapidly transformed the way individuals and businesses engage with foreign exchange. Here we delves into the intricacies of Forex Cards, exploring their functionality, benefits, and their impact on simplifying cross-border transactions and travel experiences. Whether you’re a frequent traveler, an online shopper, or a business looking to streamline international dealings, understanding the potential of Forex Cards is crucial in navigating the modern financial landscape.

Best Forex Cards in India 2023

Forex cards, a financial instrument that has revolutionized the way people manage their foreign currency transactions while traveling abroad. In India, where outbound tourism and international trade are thriving, the market for Forex cards has witnessed a surge in options and features. Here we’ve picked out some of the top forex cards in India 2023 provided by different banks.  We’ll walk you through all the specific features and advantages of these cards, helping you decide which one matches your needs the most.

HDFC Bank Regalia ForexPlus Card

The HDFC Bank Regalia ForexPlus Card is a premier prepaid foreign exchange credit card that offers an exceptional travel experience. Loaded with US Dollars, this card stands out by not imposing any mark-up fees on transactions made in USD or any cross-currency usage charges for transactions in other currencies. Its user-friendly features include contactless payments, complimentary insurance coverage, emergency cash delivery, global acceptance, and access to airport lounges at international airports in India. With the added convenience of temporary card blocking via Net banking, the Regalia ForexPlus Card from HDFC Bank ensures a seamless and worry-free journey for travelers.

Key Highlights of HDFC Bank Regalia ForexPlus Card

  • Card Issuance Fee: INR 1000 + GST per card
  • Reload Fee: INR 75 + GST per reload transaction
  • Load and Use:
    It’s a single-currency forex card loaded in US Dollars.
    Zero cross-currency mark-up charges.
    Can be used at any VISA/MasterCard merchants worldwide, including online shopping.
  • Lounge Access: Enjoy 2 complimentary lounge accesses per quarter at international airports in India.
  • Insurance Coverage: Comes with comprehensive insurance covers for worry-free travel.
  • Required Documents:
    For Everyone:
    Self-attested copy of PAN (Mandatory)
    Self-attested copy of valid passport (Mandatory)
    Self-attested copy of valid VISA or ticket (Optional for HDFC customers, Mandatory for Non-HDFC customers)
    Address proof (if resident address differs from passport address)

Additional Documents for Non-HDFC Customers:
Cancelled cheque/passbook
Copy of 1 year Bank Statement
All documents must be related to the account funding the forex card.

HDFC Bank Multicurrency Platinum ForexPlus Chip Card

The HDFC Bank Multicurrency Platinum ForexPlus Chip Card is a versatile and secure financial tool designed for seamless international travel and transactions. This advanced card offers the convenience of loading multiple currencies onto a single card, eliminating the need to carry various currencies while abroad. Equipped with an embedded EMV chip, the card ensures enhanced security, safeguarding against unauthorized transactions. It provides access to a wide network of ATMs and merchants globally, allowing users to make payments, withdraw cash, and track expenses effortlessly. With features like instant card reloading, emergency assistance services, and competitive exchange rates, the HDFC Bank Multicurrency Platinum ForexPlus Chip Card simplifies overseas financial management, making it an ideal choice for travelers seeking convenience, security, and financial flexibility.

Key Highlights of HDFC Bank Multicurrency Platinum ForexPlus Chip Card

  • Card issuance Fee: INR 500 plus applicable GST per card.
  • Reload Fee: INR 75 plus applicable GST per reload transaction currency wise.
  • 22 currencies in one card: It holds money in 22 different currencies.
  • Available currencies: Includes AUD, AED, CAD, EUR, and more.
  • Manage online: Add or move money online between currencies.
  • Free insurance: Comes with insurance for worry-free travel.
  • Eligibility and documents:
    Need PAN card copy (mandatory).
    Need valid passport copy (mandatory).
    Need valid Visa/Ticket copy (optional for HDFC customers, mandatory for others).
    Need address proof if different from passport.
    More documents for non-HDFC customers: Cancelled Cheque/Passbook, 1-year Bank Statement.
    Any other documents requested by HDFC Bank.

ICICI Bank Sapphiro Forex Prepaid Card

The ICICI Bank Sapphiro Forex Prepaid Card is a premium travel card designed for international spending. It comes with a substantial joining fee but offers an array of exclusive benefits. Cardholders can enjoy perks like shopping vouchers, Uber vouchers, and complimentary access to international lounges through Dragon Pass. Notably, there are no cross-currency usage fees, similar to the HDFC Regalia Forex Card, making it convenient for transactions in various currencies. The Sapphiro Forex Prepaid Card is an excellent option for seamless and rewarding overseas spending, available both online and offline through ICICI Bank’s forex branches.

Key Highlights of ICICI Bank Sapphiro Forex Prepaid Card

  • Joining fee – INR 2,999 + GST
  • Annual fee – INR 999 + GST from the second year.
  • Joining Benefits worth INR 10,000:
    Free Dreamfolks membership (usually USD 99) for worldwide lounge access and 2 free lounge visits.
    Save on Uber rides with INR 1,000 discount vouchers.
    Protect your card and wallet with OneAssist Complete Cards protection.
  • Special Perks:
    No extra charges when using different currencies.
    Get 5% money back (up to INR 3,000/month) on online airline and hotel expenses.
    If your card is lost or stolen, you’re covered for up to INR 5,00,000.

MakeMyTrip HDFC Bank ForexPlus Card

The MakeMyTrip HDFC Bank ForexPlus Card is a convenient and versatile travel card designed for individuals studying or working abroad. It offers a seamless way to manage multiple currencies, eliminating the need for frequent currency exchanges. Transactions are made easier without incurring forex mark-up fees, although a 2% cross-currency usage charge applies for transactions in a currency different from the card’s loaded currency. This co-branded card includes security features like chip and PIN, a backup card option, and the ability to temporarily block the card. It’s an ideal travel companion for those seeking convenience, security, and valuable surprises.

Key Highlights of MakeMyTrip HDFC Bank ForexPlus Card

  • Issuance fee – INR 500 plus GST charges.
  • Avail Zero Issuance Fee for MakeMyTrip Bookers.
  • Get a fancy MMTBLACK membership for free.
  • Relax in airport lounges without any cost.
  • When you put money on your card, you get a 20 paise discount on the exchange rate.
  • If you load over INR 1,00,000 with your HDFC Debit Card, you can earn INR 2000 cashback and 10x reward points. Same goes for HDFC Credit Cards.
  • Enjoy free rides from the airport.
  • Save money instantly on flights, hotels, and holidays booked through MakeMyTrip.

Axis Bank Multi-Currency Forex Card

The Axis Bank Multi-Currency Forex Card is a prepaid travel card that simplifies international spending. Holding 16 different foreign currencies in a single card, it offers convenience and flexibility for travelers. Along with benefits like discounted roaming packs, favorable currency conversion rates, and round-the-clock travel assistance, this card ensures hassle-free journeys. It guards against currency fluctuations and even allows balance encashment post-travel. With contactless technology, payments become effortless by just waving the card. It’s a valuable companion for global travelers seeking a seamless and secure payment solution.

Key Highlights of Axis Bank Multi-Currency Forex Card

  • Issuance Fee – Rs. 300 (plus applicable taxes)
  • Travel Easily:
    Holds 16 currencies in one card.
    Get up to Rs. 1,000 cashback on Vodafone India roaming packs.
    24/7 help from TripAssist for emergencies.
  • Money Details:
    Pay 3.50% extra on different currency spending.
    Can take out cash from Mastercard/VISA ATMs everywhere.
  • Save on Food: Get at least 15% off at many restaurants.
  • Earn Rewards: Get 2 points for every USD 5 or equal amount spent in any currency.

Axis Bank Club Vistara Forex Card

The Axis Bank Club Vistara Forex Card is a collaborative prepaid card created by Axis Bank and Air Vistara. Designed for international travelers, this card offers convenience and benefits. It allows you to earn Club Vistara Points on transactions, making it rewarding. With features like cashback on roaming packs and round-the-clock emergency assistance during overseas trips, it aims to enhance your travel experience. This pre-loaded card holds foreign currencies, enabling easy access to regional money as needed. It comes with the advantage of complimentary Club Vistara Base membership, coupled with accelerated earning of Club Vistara Points, adding extra value for travelers.

Key Highlights of Axis Bank Club Vistara Forex Card

  • Issuance Fee: Rs. 500 (plus applicable taxes)
  • Cash Withdrawal Charges: USD 2.25 (plus applicable taxes)
  • Travel Benefits:
    Holds 16 currencies.
    No extra fee for using card’s currency.
    Up to Rs. 1,000 cashback on VI roaming packs.
    24/7 help by TripAssist during travel.
  • Different Currency Fee: 3.5% of what you spend.
  • Rewards:
    Get 500 CV Points when you first load the card.
    Get 3 CV Points for every USD 5 you spend.

Axis Bank World Traveller Forex Card

The Axis Bank World Traveller Forex Card is a convenient and versatile travel companion offered by Axis Bank in partnership with Lufthansa airlines. This prepaid travel card allows users to load funds in 16 different foreign currencies, making international transactions smoother. Notably, transactions made in the card’s loaded currency don’t incur extra charges, although a cross-currency usage fee applies to transactions in different currencies. This card also provides the added benefit of complimentary membership to Lufthansa’s Miles & More loyalty program. It’s an ideal choice for frequent travelers, offering the ease of managing multiple currencies in one card while earning rewards through both spending and loading.

Key Highlights of Axis Bank World Traveller Forex Card

  • Issuance Fee – Rs. 500 (plus applicable taxes)
  • Cash Withdrawal Charges – USD 2.25 (plus applicable taxes)
  • Extra Currency Cost: 3.5% more on different currency spending.
  • Travel Perks:
    Works with 16 common currencies.
    Up to Rs. 1,000 cashback on VI roaming packs.
    24/7 help through TripAssist while traveling.
  • More Money Details: Pay 3.50% extra when using another currency.
  • Shop Duty-Free: Buy duty-free items at Indian airports using the Forex Card.

IndusInd Bank Multi-Currency Travel Card

The IndusInd Bank Multi-Currency Travel Card is a convenient and secure way to manage foreign currency while traveling. With support for 14 international currencies, this prepaid card offers a cashless and hassle-free experience abroad. It’s widely accepted, provides protection from currency fluctuations, and ensures greater security compared to carrying cash or traveler’s cheques. Whether for shopping, dining, or other expenses, the IndusInd Multi-Currency Travel Card simplifies international transactions and enhances peace of mind during your journeys.

Key Highlights of IndusInd Bank Multi-Currency Travel Card

  • Issuance Fee : Rs. 300 (plus applicable taxes)
  • Cash Withdrawal Charges : USD 2 (plus applicable taxes)
  • Hold 14 currencies on one card: United States Dollar (USD), Euro (EUR), Great Britain Pound (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), Arab Emirates Dirham (AED), Swiss Franc (CHF), Hong Kong Dollar (HKD), Japanese Yen (JPY), New Zealand Dollar (NZD), Saudi Riyal (SAR), Singapore Dollar (SGD), South African Rand (ZAR), Thai Bhat (THB)
  • Currency Protection: Your exchange rate stays the same after loading the card.
  • Convenient Spending:
    Use the card for hotels, food, flights, shopping, and fuel without fees.
    No need to buy or exchange currency in lines.
  • Global ATM Access: Take out cash from Visa ATMs around the world.
  • Cash Back Home: Easily get your money back in India.
  • Get the Card: Visit an IndusInd Bank Forex branch or go online at

YES Bank Multi-Currency Travel Card

The YES Bank Multi-Currency Travel Card is a top-rated choice for travelers in India. Known for its safety and cost-effectiveness, this forex card offers the convenience of managing funds online through a customer care portal from anywhere in the world. With its strong security features and competitive pricing, the card stands out among the best forex options in the country. It’s a reliable companion for international travel, providing ease of use and peace of mind to cardholders.

Key Highlights of YES Bank Multi-Currency Travel Card

  • Issuance Fee : INR 125
  • Reload Fee : INR 100
  • Instant Updates: Get quick SMS alerts for every transaction.
  • Card Insurance: Your card comes with coverage.
  • Lock Your Card: If needed, you can temporarily stop using the card.
  • Secure Currency: Safer way to carry foreign money.
  • Check Transactions: See past transactions and the last 10 you made.
  • Easy Management: Use the online customer support portal to handle your card.

Goibibo ICICI Bank Forex Prepaid Card

The Goibibo ICICI Bank Forex Prepaid Card is a collaborative effort between ICICI Bank and Goibibo, the popular travel platform. This specialized card allows users to load money onto it before their travels, functioning as a convenient and secure alternative to cash. Despite lacking a reward structure, the card offers various perks such as discounts on forex rates, dining, and cab vouchers. Notably, it enables seamless spending across multiple countries without cross-currency charges and provides substantial savings on flight and hotel bookings. This co-branded card serves as a valuable companion for travelers seeking cost-effective and hassle-free financial solutions during their journeys.

Key Highlights of Goibibo ICICI Bank Forex Prepaid Card

  • Joining fee – Rs 499 + GST
  • Get a INR 500 goCash+ Gift Voucher.
  • Receive goibibo vouchers worth INR 15,000.
  • Enjoy INR 500 off while shopping at Croma stores.
  • Save 15% when you dine at over 100 Indian restaurants in 6 countries: Kuala Lumpur, Dubai, London, Singapore, Hong Kong, Bangkok.
  • Get cab vouchers worth INR 1,000.

Trip Money Global Cash Card

The “Trip Money Global Cash Card” is a travel-oriented financial solution that offers convenience and savings to international travelers. Issued by SBM bank and endorsed by MakeMyTrip, this card enables users to manage their finances online while traveling. Unlike some other cards, it doesn’t require a credit history, making it accessible to a wider range of people. It allows users to load Indian Rupees (INR) and spend in various foreign currencies without worrying about extra charges for currency conversion. With widespread acceptance at points of sale and ATMs worldwide, it offers a hassle-free way to shop and access cash in over 150 countries. This card simplifies travel finances and enhances the overall travel experience.

Key Highlights of Trip Money Global Cash Card

  • No joining or renewal fees.
  • Load and withdraw money for free.
  • No added forex fees, just VISA’s rates.
  • Instant money loading in Indian Rupees (INR), spend in any currency.
  • Use it in over 150 countries on ATMs and for shopping.
  • Secure: Lock/unlock, set limits, and more, all digitally.
  • Free MMT Black Membership for special benefits.
  • Up to ₹70,000 travel benefits on MakeMyTrip.
  • Exclusive VISA travel and card deals, plus 24/7 VISA concierge.