Axis Bank World Traveller Forex Card

The Axis Bank World Traveller Forex Card is a joint venture between Axis Bank and Germany’s Lufthansa Airlines, designed for prepaid travel purposes. This card allows you to accumulate Miles within Lufthansa Airlines’ Miles & More frequent flyer program.

Functioning as a MasterCard prepaid card, it is widely accepted at various retail stores and online shopping platforms that acknowledge MasterCard credit and debit cards. With the option to load it in 16 popular currencies, including USD, Euro, and Pound, there are no foreign currency mark-up fees incurred for transactions carried out in the currency preloaded onto the card.

Key Highlights of Axis Bank World Traveller Forex Card

  1. The card can be loaded in 16 different currencies, including Euro, USD, Pounds, Dirham, and more.
  2. It is accepted at over 30 million retail outlets and 100,000+ e-commerce sites in both India and internationally.
  3. Cardholders receive a complimentary membership in the Miles & More frequent flyer program.
  4. As a welcome benefit, users get 1,000 award miles when they load the card for the first time.
  5. Loading more than USD 4,000 on the card earns cardholders 2,000 Bonus Miles.
  6. For every USD 5 spent using the card, users receive 5 Miles.

Features and Benefits of Axis Bank World Traveller Forex Card

The Axis Bank World Traveller Forex Card offers several features and benefits:

1. Welcome Benefits:

  • Complimentary membership in the Miles & More frequent flyer program.
  • Receive 1,000 Miles when you load the card for the first time into your Miles & More account.

2. Travel Benefits:

  • Enjoy cashback of up to Rs. 1,000 on VI international roaming packs.
  • Load the card in 16 different widely used currencies, including USD, Euro, Pound, Dirham, and more.
  • No forex mark-up fee for transactions in the currency loaded on the card (a 3.5% cross-currency usage fee applies to transactions in a different currency).

3. Loading/Reloading Axis Bank World Traveller Forex Card:

  • Easily load/reload your Axis Bank World Traveller Forex Card through:
  • Internet banking or the Axis Bank Mobile app.
  • Visiting your nearest Axis Bank branch (you can also authorize family members to load your card while you’re abroad with a duly signed authorization letter).

4. Supported Currencies:

Axis Bank World Traveller Forex Card supports loading in any of the following 16 currencies:

  • United States Dollar
  • Euro
  • Pound Sterling
  • Swiss Franc
  • Australian Dollar
  • Canadian Dollar
  • Japanese Yen
  • Singapore Dollar
  • Swedish Krona/Kronor
  • Saudi Royal
  • UAE Dirham
  • Thai Baht
  • New Zealand Dollar
  • Hong Kong Dollar
  • South African Rand
  • Danish Krone

Axis Bank World Traveller Forex Card Fees and Charges

Explore the fee structure for the Axis Bank World Traveller Forex Card and discover the financial advantages that come with it.

1. Initial Fee: An initial fee of Rs. 500 is charged at card issuance (excluding GST).
2. Reload Fee: A reload fee of Rs. 100 is applicable each time the card is reloaded.
3. Cash Withdrawal Fee: A cash withdrawal fee of USD 2.25 (or equivalent) is charged for each ATM cash withdrawal.

4. Cash Advance Fee:

  • A cash advance fee of 0.5% of the transaction amount is applicable on cash withdrawals with the card.
  • The maximum cash advance fee is capped at USD 75.

5. Foreign Exchange (Forex) Fees:

  • No forex mark-up fee is applied to transactions made in the card’s loaded currency.
  • A cross-currency usage fee of 3.5% of the transaction amount is levied on transactions conducted in a currency different from the one loaded on the card.

Eligibility Criteria for Axis Bank World Traveller Forex Card

Here are essential criteria for applying for an Axis Bank World Traveller Forex Card:

  1. A copy of your passport.
  2. Visa of the applicant.
  3. Address proof (if your current address differs from the one on your passport).
  4. Completed application form for the Axis Multicurrency Forex Card.
  5. Copy of your travel ticket.

Documents Required for Axis Bank World Traveller Forex Card

To apply for the Axis Bank World Traveller Forex Card, you will typically need to provide the following documents:

1. Income Proof:

  • Form 16
  • IT Returns
  • Salary Slip

2. Proof of Address:

  • Ration Card
  • Passport
  • Voter ID
  • Aadhaar Card

3. Identity Proof:

  • Driving License
  • Passport
  • Aadhaar Card

How To Apply for Axis Bank World Traveller Forex Card?

Follow these steps to apply for the Axis Bank World Traveller Forex Card:

Online Application for Axis Bank Forex Card:

  1. Go to Axis Bank’s website and access the Forex Cards application page.
  2. Complete the application process online.
  3. During the application, upload a scanned copy of your passport along with the visa.
  4. The Forex card will be delivered to your provided correspondence address.
  5. Alternatively, you can collect the card from your nearest Axis Bank branch.

Offline Application for Axis Bank Forex Card:

  1. Visit any Axis Bank branch in person.
  2. Request a Forex card and submit a copy of your passport (with visa).
  3. Also, provide your air tickets as part of the application process.
  4. The Forex card will be issued to you over the counter at the branch.

Frequently Asked Questions (FAQs)

1. What are the currencies available on the Axis Bank World Traveller Forex Card?

The card can be loaded with multiple currencies, including major international currencies like US Dollars, Euros, British Pounds, Japanese Yen, and more. Check with Axis Bank for the complete list of supported currencies.

2. How does the Axis Bank World Traveller Forex Card work?

You can load the card with the desired foreign currency and use it for making payments or withdrawing cash at ATMs abroad, just like a regular debit or credit card.

3. What are the advantages of using this card over carrying cash while traveling abroad?

The Axis Bank World Traveller Forex Card offers security and convenience. It eliminates the need to carry physical currency and provides the flexibility to load multiple currencies onto a single card, offering a better exchange rate compared to currency exchange counters.

4. Is there a minimum and maximum amount that can be loaded on the card?

Yes, there are minimum and maximum limits for loading money on the card. These limits may vary, so it’s best to check with Axis Bank for the most up-to-date information.

5. Can I reload the Axis Bank World Traveller Forex Card while I am abroad?

Yes, you can reload the card while you are abroad through the Axis Bank website or by visiting a designated Axis Bank branch.

6. What happens if I lose my Axis Bank World Traveller Forex Card?

If your card is lost or stolen, you can report it immediately to Axis Bank’s customer care. They will block the card to prevent unauthorized transactions and assist you in getting a replacement card.

7. Are there any fees associated with the Axis Bank World Traveller Forex Card?

Yes, there may be fees such as issuance fees, reload fees, and ATM withdrawal fees. Be sure to review the fees and charges associated with the card before applying.

8. Can I use this card for online transactions?

Yes, you can use the Axis Bank World Traveller Forex Card for online transactions at websites that accept MasterCard.

9. What is the validity period of the Axis Bank World Traveller Forex Card?

The card is usually valid for a few years from the date of issuance. Check the card’s expiration date before your trip and consider renewing it if needed.

10. Can I encash the remaining balance on the card after my trip?
Yes, you can encash the remaining balance on the card at any Axis Bank branch after your trip, subject to applicable charges.