HDFC Bank Multicurrency Platinum ForexPlus Chip Card

HDFC Bank offers the Multicurrency Platinum ForexPlus Chip Card, a prepaid forex card designed for international travelers. This versatile card allows you to load it with up to 22 different international currencies, including USD, Euro, Pound, AUD, and Dirham. While there is no annual fee associated with this card, there is an initial issuance fee of Rs. 500 (plus taxes) when you obtain the card.

Although the Multicurrency Platinum ForexPlus Chip Card doesn’t come with a traditional rewards program, it provides several additional benefits such as Amazon vouchers each time you reload the card, favorable forex rates when loaded through online channels, access to a 24×7 concierge service, and more.

Key Highlights of HDFC Bank Multicurrency Platinum ForexPlus Chip Card

1. Receive an Amazon Voucher:

  • Load/reload $750 and get Rs.500 voucher.
  • Load/reload $1,000 and get Rs.1,000 voucher.

2. Get a Dubai Shopping Voucher: Load AED4,000 and receive AED300 voucher.

3. Avail cashback: Load or reload using HDFC Bank Credit Card EMI and get Rs.5,000 cashback.

4. Earn 10X Reward points: Load $1,000 and above with HDFC Bank Credit Card to receive 10X Reward points.

Features and Benefits of HDFC Bank Multicurrency Platinum ForexPlus Chip Card

The HDFC Bank Multicurrency Platinum ForexPlus Chip Card offers several features and benefits:

1. Welcome Benefits:

  • Receive an Amazon Voucher worth Rs.500 for loading $750 or an equivalent amount in any currency.
  • Get an Amazon Voucher worth Rs.1,000 when you load $1,000 or an equivalent amount.
  • Issuance fee is waived off when you load $1,000.
  • Enjoy a 20 paise cheaper exchange rate when loading or reloading the HDFC Multicurrency Platinum ForexPlus Chip Card online.

2. Shopping Benefits:

  • Receive a Dubai Shopping Voucher worth AED300 when you load AED4,000.

3. Cashback Benefits:

  • Earn a flat cashback of Rs.1,000 when you load the HDFC Multicurrency Platinum ForexPlus Chip Card with a minimum amount of
  • Rs.1 Lakh through your HDFC Bank Debit Card.
  • Get a cashback of Rs.5,000 when you load or reload using an HDFC Bank Credit Card EMI.

4. Reward Benefits:

  • Get 10X Reward points when you load $1,000 or more with your HDFC Bank Credit Card.

HDFC Bank Multicurrency Platinum ForexPlus Chip Card Fees and Charges

Explore the fee structure for the HDFC Bank Multicurrency Platinum ForexPlus Chip Card and discover the financial advantages that come with it.

  1. An initial card issuance fee of Rs. 500 plus GST is required when you get the card.
  2. Each time you reload the card, a reloading fee of Rs. 75 plus GST is applicable.
  3. No foreign currency mark-up fee is applied for transactions in the card’s loaded currency.
  4. For transactions in a different currency, a cross-currency usage fee of 2% of the transaction amount is charged.
  5. Cash withdrawals from ATMs incur a cash advance fee of USD 2 or its equivalent.

Eligibility Criteria for HDFC Bank Multicurrency Platinum ForexPlus Chip Card

Here are essential criteria for applying for an HDFC Bank Multicurrency Platinum ForexPlus Chip Card:

  1. HDFC Bank does not require applicants to be existing customers; even non-customers are eligible for the card.
  2. The card is available to individuals aged 18 years and older, making it accessible to a broad age group.

Documents Required for HDFC Bank Multicurrency Platinum ForexPlus Chip Card

To apply for the HDFC Bank Multicurrency Platinum ForexPlus Chip Card, you will typically need to provide the following documents:

  1. Self-attested copy of the applicant’s Passport.
  2. Self-attested copy of the completed application form.
  3. Self-attested copies of Visa and ticket.
  4. If the address differs from the one on the passport, provide an Address Proof such as Aadhar Card, the most recent month’s utility bills, or PAN Card.
  5. Copy of the applicant’s bank statement to confirm payment of the application fee.
  6. Submit either a Passbook, canceled cheque, or the most recent bank statement.

How To Apply for HDFC Bank Multicurrency Platinum ForexPlus Chip Card?

Follow these steps to apply for the HDFC Bank Multicurrency Platinum ForexPlus Chip Card:

  1. Go to HDFC Bank’s official website.
  2. Navigate to the ‘Pay’ section.
  3. Choose ‘Cards’ and then click on ‘Forex Cards.’
  4. Opt for the Multicurrency Platinum Forex Plus Card.
  5. Click the ‘Apply Online’ button.
  6. Progress by providing all the necessary information.

Frequently Asked Questions (FAQs)

1. What is the HDFC Bank Multicurrency Platinum ForexPlus Chip Card?

The HDFC Bank Multicurrency Platinum ForexPlus Chip Card is a pre-loaded travel card that allows you to carry multiple foreign currencies in a single card. It is designed for convenient international travel.

2. How does the Multicurrency Platinum ForexPlus Chip Card work?

You can load multiple foreign currencies onto the card before your trip. The card uses chip-and-PIN technology for secure transactions abroad. You can use it at ATMs, shops, and restaurants that accept MasterCard worldwide.

3. What currencies can I load onto the card?

You can load up to 22 different currencies on the Multicurrency Platinum ForexPlus Chip Card, including popular ones like US Dollars, Euros, British Pounds, and more.

4. How do I obtain the Multicurrency Platinum ForexPlus Chip Card?

You can get this card by visiting an HDFC Bank branch or applying online through their official website.

5. What are the benefits of using this card for international travel?

Benefits include competitive exchange rates, the convenience of carrying multiple currencies, enhanced security with chip technology, and the ability to lock in exchange rates at the time of loading the card.

6. Are there any charges associated with the card?

Yes, there may be charges for card issuance, reloading, ATM withdrawals, and currency conversion. It’s advisable to check the HDFC Bank website for the most up-to-date fee structure.

7. Can I reload the Multicurrency Platinum ForexPlus Chip Card while traveling?

Yes, you can reload the card online or at an HDFC Bank branch in India or through authorized agents abroad.

8. What should I do if my card is lost or stolen?

You should immediately report the loss or theft of your card to HDFC Bank’s customer care. They will assist you in blocking the card and issuing a replacement card.

9. Is there a minimum and maximum limit for loading currency onto the card?

Yes, there are minimum and maximum limits for loading currencies, which may vary depending on the bank’s policies. Check with HDFC Bank for specific details.

10. Can I use this card for online purchases?

Yes, you can use the Multicurrency Platinum ForexPlus Chip Card for online transactions, just like any other international debit or credit card.