You land in a new country, excited for your trip. You swipe your card for a coffee or a taxi and only later realize you’re paying extra on every transaction because of hidden currency conversion charges. That’s a common travel mistake.
International debit and credit cards often add high forex markups, dynamic currency conversion fees, and unexpected ATM charges. Over a few days, these small deductions quietly turn into thousands of rupees lost. This is exactly where a forex cards in India makes a real difference.
A forex card allows you to lock exchange rates before you travel, spend abroad without worrying about daily currency fluctuations, and avoid unnecessary fees. It’s safer than carrying cash and usually far cheaper than using your regular bank card overseas.
But choosing the right forex card matters — because not all forex cards are built the same. In this article, we break down the Top 15 Best Forex Cards in India, explaining their features, charges, country acceptance, and who each card is best suited for — so you can travel smarter and spend less.
Types of Forex Cards
- Single-Currency Forex Cards: These cards hold only one foreign currency, such as USD, EUR, or GBP. They are ideal if you’re traveling to just one country and want simple, straightforward spending without conversion confusion.
- Multi-Currency Forex Cards: Multi-currency cards allow you to store multiple foreign currencies on one card. They are best for travelers visiting multiple countries on the same trip, as the card automatically uses the local currency.
- Prepaid Forex Cards: These cards are loaded with money in advance, helping you control your spending while traveling. Since you spend only what you load, they are safer than credit cards and protect you from overspending.
- Debit-Linked Forex Cards: These cards are linked to a bank account instead of being prepaid. They work like international debit cards and are suitable for travelers who want real-time account access and flexibility.
- Virtual Forex Cards: Virtual forex cards are digital-only cards mainly used for online international payments such as booking flights, hotels, subscriptions, or exams. They are convenient, secure, and don’t require carrying a physical card.
How to Select The Right Forex Cards
- Check the Total Charges, Not Just the Exchange Rate: Always look beyond attractive exchange rates. Compare issuance fees, reload charges, ATM withdrawal fees, inactivity fees, and cross-currency markups to understand the true cost of using the card.
- Match the Card Type With Your Travel Plan: If you’re visiting one country, a single-currency card is enough. For multi-country trips, choose a multi-currency card to avoid repeated conversion charges and hassle.
- Confirm Country and Network Acceptance: Make sure the card is accepted in the countries you’re visiting and runs on widely accepted networks like Visa or Mastercard for smooth usage at ATMs and stores.
- Look for Easy Reload and Card Management Options: Cards with mobile apps or online portals make it easy to reload money, track spending, block the card instantly, and manage currencies while you’re abroad.
- Choose Based on Your Travel Purpose: Students may need low fees and long validity, frequent travelers may prefer zero forex markup, and short-term tourists may prioritize simplicity and wide acceptance — pick a card that fits your travel style.
List of 15 Best Forex Cards in India
1. BookMyForex Multi-Currency Forex Card
- Best For: Travelers looking for lowest overall forex costs.
- Website: https://www.bookmyforex.com/forex-card/
The BookMyForex Multi-Currency forex cards in India is one of the most cost-effective forex cards available in India today. It is designed for travelers who want complete transparency, as it comes with zero issuance, reload, unload, and inactivity charges. The card allows you to hold multiple currencies on a single card and offers near-interbank exchange rates, helping users save significantly compared to traditional bank forex cards.
This card is widely accepted internationally and can be managed entirely online through the BookMyForex app, where users can track spending, reload balances, and lock exchange rates in real time. With doorstep delivery and strong customer support, it is especially popular among students, tourists, and frequent travelers.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, Spain, UAE, Singapore, Japan, Thailand, Malaysia, and 150+ countries worldwide
Features
- Supports up to 14 foreign currencies
- Zero issuance and annual fees
- Real-time exchange rate locking
- Global ATM and POS acceptance
- App-based card management
Charges
- Issuance Fee: ₹0
- Annual / Inactivity Fee: ₹0
- Reload Fee: ₹0
- Unload Fee: ₹0
- ATM Withdrawal Fee: Around USD 2 per withdrawal
- Card Replacement Fee: Around ₹250
2. HDFC Bank Multicurrency Platinum ForexPlus Chip Card
- Best For: Travelers wanting insurance and premium banking support.
- Website: https://www.hdfc.bank.in/forex-cards
The HDFC Bank Multicurrency Platinum ForexPlus Chip Card is a premium travel card offered by one of India’s most trusted banks, HDFC Bank. It supports over 22 currencies and allows users to lock in exchange rates at the time of loading, which protects against currency fluctuations during long trips.
In addition to forex convenience, the card includes travel-friendly benefits such as complimentary insurance coverage and emergency assistance services. It is best suited for travelers who value brand reliability, global acceptance, and added travel protection despite slightly higher charges.
Countries Accepted: USA, UK, Canada, Australia, New Zealand, Germany, France, Switzerland, UAE, Singapore, Hong Kong, Japan, South Korea, and most major global destinations
Features
- Supports 22+ currencies
- Chip-and-PIN security
- Emergency cash assistance
- Complimentary travel insurance
- Worldwide Visa/Mastercard acceptance
Charges
- Issuance Fee: ₹500 + GST
- Reload Fee: ₹75 + GST per reload
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 2–3
- Cross-Currency Markup: Around 2%
- Card Replacement Fee: ₹100 + GST
3. ICICI Bank Multi-Currency Forex Card
- Best For: Users wanting bank-backed security with no upfront cost.
- Website: https://www.icici.bank.in/personal-banking/cards/forex-cards
The ICICI Bank Multi-Currency Forex Cards in India is a reliable option for travelers who prefer banking convenience and digital access. Issued by ICICI Bank, this card supports around 15 foreign currencies and can be easily loaded or managed via internet banking or mobile app, making it highly convenient for existing ICICI customers.
The card offers strong security features including loss protection and emergency replacement services. While cross-currency charges may apply, the zero issuance fee and strong global acceptance make it a solid choice for both leisure and business travelers.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Netherlands, UAE, Singapore, Malaysia, Thailand, Japan, and most international destinations
Features
- Supports multiple global currencies
- Zero issuance fee
- Easy online reload and balance tracking
- Lost card protection
- Global ATM and merchant acceptance
Charges
- Issuance Fee: ₹0
- Annual Fee: Nil
- Reload Fee: Usually Nil
- ATM Withdrawal Fee: Around USD 2–3
- Cross-Currency Markup: 2.5%–4.5%
- Replacement Fee: Applicable
4. Axis Bank Multi-Currency Forex Card
- Best For: Travelers needing wide currency coverage.
- Website: https://www.axisbank.com/retail/forex/multi-currency-forex-card
The Axis Bank Multi-Currency Forex Card, a leading forex cards in India, offers a convenient way to carry up to 16 foreign currencies on a single card. Issued by Axis Bank, it supports contactless payments and global ATM withdrawals, making it suitable for frequent travelers and business professionals.
This card allows users to lock exchange rates at the time of loading and provides online account management for tracking transactions. While issuance and forex markup fees apply, the card is known for its wide acceptance and reliable customer service.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, UAE, Singapore, Hong Kong, Japan, South Africa, and major global markets
Features
- Supports up to 16 currencies
- Contactless payments enabled
- Online reload facility
- Worldwide ATM access
- 24×7 customer support
Charges
- Issuance Fee: ₹300 + GST
- Reload Fee: Varies by channel
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 2.25
- Cross-Currency Markup: Around 2.5%
- Replacement Fee: Applicable
5. Thomas Cook Borderless Travel Card
- Best For: Leisure travelers wanting forex plus travel perks.
- Website: https://www.thomascook.in/foreign-exchange/travel-prepaid-forex-cards
The Thomas Cook Borderless Travel Card is a popular option among holiday travelers who want both forex convenience and travel perks. Offered by Thomas Cook India, the card supports up to 12 currencies and comes with secure chip-and-PIN protection.
It is widely used for leisure travel and often bundled with promotional benefits like vouchers or travel offers. While it may not be the cheapest option in terms of charges, it appeals to travelers who want a branded travel experience with flexible usage.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, Spain, UAE, Singapore, Thailand, Malaysia, and most tourist destinations
Features
- Supports up to 12 currencies
- Secure chip-based card
- Global ATM and POS acceptance
- Easy reload options
- Travel-friendly add-on offers
Charges
- Issuance Fee: Around ₹150 (varies)
- Reload Fee: Applicable
- Annual Fee: Nil
- ATM Withdrawal Fee: Standard international ATM charges
- Cross-Currency Charges: Applicable
- Replacement Fee: Applicable
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6. SBI Multi-Currency Foreign Travel Card
- Best For: Students and travelers preferring public sector bank trust.
- Website: https://sbi.bank.in/web/personal-banking/state-bank-foreign-travel-card
The SBI Multi-Currency Foreign Travel Card is a trusted forex cards in India for Indian travelers who prefer government-backed banking reliability. Issued by State Bank of India, this card supports multiple major foreign currencies and is widely accepted across the globe. It allows users to lock exchange rates at the time of loading, protecting them from currency fluctuations.
This card is especially popular among students and long-term travelers due to its extensive international acceptance and relatively straightforward fee structure. With chip-and-PIN security and 24×7 global assistance, it offers peace of mind while traveling abroad.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, UAE, Singapore, Japan, South Korea, Thailand, and 200+ countries worldwide
Features
- Supports multiple foreign currencies
- Secure chip-and-PIN technology
- Exchange rate lock-in facility
- Global ATM and merchant acceptance
- Emergency assistance support
Charges
- Issuance Fee: ₹100 + GST
- Reload Fee: ₹50 + GST
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 3
- Cross-Currency Markup: Around 3.5%
- Replacement Fee: Applicable
7. Niyo Global Forex Card
- Best For: Travelers wanting zero forex markup.
- Website: https://campaigns.goniyo.com/niyoexpress/
The Niyo Global Forex Card is a modern, app-based international spending solution designed for digital-first travelers. Issued in partnership with Niyo, this card offers zero forex markup on international transactions and allows users to withdraw cash abroad at competitive rates.
Unlike traditional prepaid forex cards, Niyo Global works like a global debit card linked to your account, making it highly convenient for real-time spending, tracking, and control. It is especially popular among young travelers, backpackers, and frequent international spenders.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, UAE, Singapore, Japan, Thailand, Vietnam, Indonesia, and most countries supporting Visa/Mastercard
Features
- Zero forex markup on card spends
- App-based spending control
- Free international ATM withdrawals (limits apply)
- Real-time transaction alerts
- Global Visa/Mastercard acceptance
Charges
- Issuance Fee: ₹0
- Annual Fee: ₹0
- Forex Markup: ₹0
- ATM Withdrawal Fee: Nil (bank limits may apply)
- Replacement Fee: Applicable
8. YES Bank Multi-Currency Forex Card
- Best For: Business travelers needing controlled forex spending.
- Website: https://www.yes.bank.in/personal-banking/yes-individual/cards/mctc-card
The YES Bank Multi-Currency forex card in India is a practical solution for travelers who want to manage multiple currencies on a single card. Issued by YES Bank, it allows users to preload foreign currencies and spend securely at international merchants and ATMs.
This card comes with enhanced security features and offers global customer support. While issuance and reload fees apply, it remains a solid option for business travelers and tourists who want controlled international spending.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, UAE, Singapore, Hong Kong, Japan, and major global destinations
Features
- Supports multiple currencies
- Secure chip-based card
- Online reload facility
- Global ATM access
- 24×7 customer assistance
Charges
- Issuance Fee: ₹300 + GST
- Reload Fee: ₹100 + GST
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 2–3
- Cross-Currency Markup: Around 3%
- Replacement Fee: Applicable
9. IndusInd Bank Multi-Currency Forex Card
- Best For: Travelers wanting mid-range pricing with bank support.
- Website: https://www.indusind.bank.in/in/en/personal/foreign-exchange/forex-card.html
The IndusInd Bank Multi-Currency Forex Card offers flexibility and convenience for international travelers. Issued by IndusInd Bank, this card supports multiple foreign currencies and allows users to lock exchange rates at the time of loading.
The card is widely accepted globally and comes with secure EMV chip technology. It is suitable for travelers who want a balance between competitive forex rates and dependable banking services.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Switzerland, UAE, Singapore, Japan, Thailand, and other major destinations
Features
- Multi-currency support
- Secure chip-and-PIN card
- Exchange rate lock-in
- Global ATM and POS usage
- Easy reload options
Charges
- Issuance Fee: ₹500 + GST
- Reload Fee: ₹100 + GST
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 2–3
- Cross-Currency Markup: Around 3%
- Replacement Fee: Applicable
10. RBL Bank Multi-Currency Forex Card
- Best For: Short-term travelers needing simple forex management.
- Website: https://www.rbl.bank.in/personal-banking/forex-services/borderless-prepaid-forex-card
The RBL Bank Multi-Currency Forex Card is a suitable option for travelers who want a straightforward prepaid forex cards in India solution. Issued by RBL Bank, it allows loading of multiple foreign currencies and provides global acceptance across international merchants and ATMs.
The card focuses on secure spending and controlled expenses while traveling abroad. Although it comes with standard issuance and ATM fees, it remains a reliable choice for short-term international travel.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, UAE, Singapore, Malaysia, Thailand, and other international locations
Features
- Multi-currency prepaid card
- Secure chip-based payments
- Global ATM access
- Easy reload options
- Transaction alerts
Charges
- Issuance Fee: ₹300 + GST
- Reload Fee: ₹100 + GST
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 2–3
- Cross-Currency Markup: Around 3.5%
- Replacement Fee: Applicable
11. Kotak Mahindra Bank Multi-Currency Forex Card
- Best For: Travelers wanting trusted banking with global reach.
- Website: https://www.kotak.bank.in/en/personal-banking/cards/prepaid-card/forex-card.html
The Kotak Mahindra Bank Multi-Currency Forex Card is a secure and convenient travel card designed for international travelers who prefer bank-backed services. Issued by Kotak Mahindra Bank, the card supports multiple currencies and allows users to preload funds at locked exchange rates to avoid currency fluctuations.
This card is suitable for both leisure and business travelers, offering worldwide acceptance and strong security features such as EMV chip protection and PIN-based transactions. While issuance and reload fees apply, it provides reliable service and easy access to customer support.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, UAE, Singapore, Japan, South Korea, Thailand, and major global destinations
Features
- Supports multiple foreign currencies
- EMV chip-and-PIN security
- Exchange rate lock-in facility
- Global ATM and merchant acceptance
- Easy reload options
Charges
- Issuance Fee: ₹150 + GST
- Reload Fee: ₹100 + GST
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 2–3
- Cross-Currency Markup: Around 3%
- Replacement Fee: Applicable
12. IDFC First Bank Multi-Currency Forex Card
- Best For: Travelers seeking digital-first banking experience.
- Website: https://www.idfcfirst.bank.in/multi-forex-card-page
The IDFC First Bank Multi-Currency forex cards in India is a modern forex solution for travelers seeking competitive exchange rates and digital convenience. Issued by IDFC First Bank, the card supports multiple major currencies and provides global acceptance through Visa or Mastercard networks.
This card is ideal for travelers who want controlled spending, strong security, and easy reload options. While it carries standard forex card charges, it remains a solid option for international travel with responsive customer support.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Netherlands, UAE, Singapore, Japan, Thailand, and other major countries
Features
- Multi-currency support
- Secure chip-based card
- Exchange rate lock-in
- Online reload facility
- Global ATM and POS usage
Charges
- Issuance Fee: ₹300 + GST
- Reload Fee: ₹100 + GST
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 2–3
- Cross-Currency Markup: Around 3%
- Replacement Fee: Applicable
13. Federal Bank Multi-Currency Forex Card
- Best For: Students and travelers wanting simple forex access.
- Website: https://www.federal.bank.in/forex-card
The Federal Bank Multi-Currency Forex Card is a practical choice for international travelers who want a simple and secure prepaid card. Issued by Federal Bank, it supports multiple currencies and provides exchange rate lock-in at the time of loading.
With global acceptance and standard security features, this card is suitable for students, tourists, and professionals traveling abroad. Though it has issuance and ATM fees, it offers dependable service and ease of use.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, UAE, Singapore, Malaysia, Thailand, Japan, and major travel destinations
Features
- Supports multiple currencies
- Secure chip-and-PIN technology
- Exchange rate lock-in
- Global ATM access
- Easy reload options
Charges
- Issuance Fee: ₹150 + GST
- Reload Fee: ₹100 + GST
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 2–3
- Cross-Currency Markup: Around 3%
- Replacement Fee: Applicable
14. Punjab National Bank (PNB) Multi-Currency Forex Card
- Best For: Travelers preferring public sector bank reliability.
- Website: https://pnb.bank.in/PNB-World-travel-card.html
The PNB Multi-Currency Forex Card is a government-backed forex cards in India, ideal for travelers who trust public sector banking. Issued by Punjab National Bank, this card supports multiple foreign currencies and is widely accepted worldwide.
It offers basic forex card functionality with secure chip-based transactions and global ATM access. While it does not include premium travel perks, it is valued for affordability and extensive international reach.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, UAE, Singapore, Japan, South Korea, Thailand, and 200+ countries worldwide
Features
- Multi-currency support
- EMV chip security
- Exchange rate lock-in
- Worldwide ATM and merchant usage
- 24×7 customer assistance
Charges
- Issuance Fee: ₹500 + GST
- Reload Fee: ₹100 + GST
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 3
- Cross-Currency Markup: Around 3.5%
- Replacement Fee: Applicable
15. Union Bank of India Multi-Currency Forex Card
- Best For: Budget travelers needing basic forex functionality.
- Website: https://www.unionbankofindia.bank.in/en/listing/forex
The Union Bank of India Multi-Currency Forex Card is designed for travelers looking for a reliable and straightforward forex solution from a public sector bank. Issued by Union Bank of India, the card allows users to carry multiple foreign currencies securely during international travel.
This card is suitable for budget-conscious travelers who prioritize security and global acceptance over premium features. It offers standard forex card benefits with controlled spending and dependable service.
Countries Accepted: USA, UK, Canada, Australia, Germany, France, Italy, UAE, Singapore, Malaysia, Thailand, Japan, and most global destinations
Features
- Multi-currency prepaid card
- Secure chip-and-PIN payments
- Exchange rate lock-in
- Global ATM and POS acceptance
- Easy reload facility
Charges
- Issuance Fee: ₹300 + GST
- Reload Fee: ₹100 + GST
- Annual Fee: Nil
- ATM Withdrawal Fee: Around USD 3
- Cross-Currency Markup: Around 3.5%
- Replacement Fee: Applicable
Conclusion
In conclusion, a forex cards in India is one of the smartest ways to manage money while traveling abroad. It provides greater security than carrying cash, helps you avoid expensive currency translation fees, and helps you manage your spending. The appropriate forex card can save you money and needless stress whether you’re traveling for work, school, or pleasure.
Selecting the card that best suits your travel requirements—the nations you’re visiting, the duration of your stay, and the frequency of your cash withdrawals and purchases—is more important than picking the “most popular” card. With the correct option, you can travel with assurance, manage your money, and concentrate on having fun while visiting other countries without having to worry about unstated fees.
FAQs
Can I Use One Forex Card In Multiple Countries?
Yes. Multi-currency forex cards can be used in multiple countries, as long as the local currency is supported. If a currency isn’t supported, cross-currency charges may apply.
What Happens If My Forex Card Is Lost Abroad?
Most forex cards offer lost card protection. You can block the card instantly and request a replacement or emergency cash assistance, depending on the card provider.
Can I Reload a Forex Card While Traveling?
Yes. Most forex cards allow online reloads through mobile apps or net banking, making it easy to add funds even when you’re outside India.
Are Forex Cards Safe For Online International Payments?
Yes. Forex cards are safe for online payments and often come with features like transaction alerts, spending limits, and chip-and-PIN or OTP-based security.
Can I Get Unused Money Back From a Forex Card After My Trip?
Yes. You can unload the remaining balance back to your bank account after returning to India. Some providers may charge a small unload or conversion fee.