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Home » Blog » 20 Best Forex Card In India 2025: Top Forex Cards
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20 Best Forex Card In India 2025: Top Forex Cards

Gixona
Last updated: 03/02/2025 3:23 PM
Gixona
10 months ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
20 Best Forex Card In India 2025: Top Forex Cards
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In this article, I will discuss the Best Forex Card in India 2025, exploring key factors such as currency support, fees, security features, and convenience.

Contents
  • Key Points & Best Forex Card In India 2025 List
  • 20 Best Forex Card In India 2025
    • 1.Niyo Global Card by Equitas Bank
    • Pros And Cons Niyo Global Card by Equitas Bank
    • 2.BookMyForex YES Bank Forex Card
    • Pros And Cons BookMyForex YES Bank Forex Card
    • 3.Axis Bank Multi-Currency Forex Card
    • Pros And Cons Axis Bank Multi-Currency Forex Card
    • 4.Standard Chartered Forex Card
    • Pros And Cons Standard Chartered Forex Card
    • 5.HDFC Bank Multicurrency Platinum ForexPlus Chip Card
    • Pros And Cons HDFC Bank Multicurrency Platinum ForexPlus Chip Card
    • 6.ICICI Bank Student Forex Prepaid Card
    • Pros And Cons ICICI Bank Student Forex Prepaid Card
    • 7.State Bank Multi-Currency Foreign Travel Card
    • Pros And Cons State Bank Multi-Currency Foreign Travel Card
    • 8.Yes Bank Multi Currency Travel Card
    • Pros And Cons Yes Bank Multi Currency Travel Card
    • 9.IndusInd Bank Multi-Currency Travel Card
    • Pros And Cons IndusInd Bank Multi-Currency Travel Card
    • 10.TripMoney Global Cash Card
    • Pros And Cons TripMoney Global Cash Card
    • 11.Thomas Cook Forex Card
    • Pros And Cons Thomas Cook Forex Card
    • 12.Kotak Mahindra Forex Card
    • Pros And Cons Thomas Cook Forex Card
    • 13.RBL Bank Travel Forex Card
    • Pros And Cons RBL Bank Travel Forex Card
    • 14.IDFC First Bank Travel Card
    • Pros And Cons IDFC First Bank Travel Card
    • 15.Citibank Forex Card
    • Pros And Cons Citibank Forex Card
    • 16.PNB Global Travel Card
    • Pros And Cons PNB Global Travel Card
    • 17.Bank of Baroda Travel Card
    • Pros And Cons Bank of Baroda Travel Card
    • 18.Muthoot Forex Card
    • Pros And Cons Muthoot Forex Card
    • 19.Federal Bank Forex Card
    • Pros And Cons Federal Bank Forex Card
    • 20.Canara Bank Forex Card
    • Pros And Cons Canara Bank Forex Card
  • How To Choose Best Forex Card In India 2025
  • Conclusion

Choosing the right forex card can significantly enhance your international travel experience by offering competitive exchange rates, low charges, and easy access to funds, ensuring a hassle-free journey abroad.

Key Points & Best Forex Card In India 2025 List

Card NameIssued ByKey FeaturesCurrency SupportTarget AudienceAdditional Benefits
Niyo Global Card by Equitas BankEquitas BankGlobal acceptance, no forex markup, 24×7 support, integrated with Niyo app for managing expenses.Multiple currencies (USD, EUR, GBP, etc.)Travelers, Students, ProfessionalsFree international ATM withdrawals, emergency cash assistance, travel insurance.
BookMyForex YES Bank Forex CardYES BankInstant issuance, online ordering, and top-up feature via BookMyForex platform.16+ currenciesFrequent travelers, TouristsTravel insurance, reloadable online, free ATM withdrawals in India.
Axis Bank Multi-Currency Forex CardAxis BankChip-enabled, secure online reloads, no hidden charges.16+ currenciesFrequent travelers, TouristsGlobal assistance services, emergency travel fund, insurance.
Standard Chartered Forex CardStandard Chartered BankCurrency exchange at competitive rates, contactless payments, secure and reloadable.10+ currenciesFrequent travelers, TouristsInsurance, easy top-ups, emergency card replacement.
HDFC Bank Multicurrency Platinum ForexPlus Chip CardHDFC BankOffers contactless payments, secure online reload, and competitive exchange rates.23+ currenciesTravelers, TouristsFree insurance, reloadable, emergency card replacement, multiple currencies in a single card.
ICICI Bank Student Forex Prepaid CardICICI BankDesigned for students going abroad, low transaction fees, and reloadable.15+ currenciesStudentsInsurance coverage, emergency assistance, easy online reload.
State Bank Multi-Currency Foreign Travel CardState Bank of IndiaMulti-currency support, no annual maintenance fee, and secure chip card.23+ currenciesTravelers, TouristsInsurance, reloadable, emergency travel assistance.
Yes Bank Multi Currency Travel CardYES BankEasy reload, multiple currencies, and offers competitive exchange rates.15+ currenciesFrequent travelers, TouristsFree travel insurance, reloadable, 24×7 customer support.
IndusInd Bank Multi-Currency Travel CardIndusInd BankMulti-currency support, secure chip, reloadable with competitive exchange rates.16+ currenciesTravelers, ProfessionalsInsurance coverage, reloadable, emergency travel support.
TripMoney Global Cash CardTripMoneyVirtual card for digital payments, global usage, and low forex conversion fees.USD, EUR, GBPStudents, Budget TravelersInsurance, low conversion fees, easy mobile app integration.
Thomas Cook Forex CardThomas CookContactless payments, multiple currencies, secure online reload.15+ currenciesTourists, TravelersInsurance, emergency travel assistance, reloadable via app.
Kotak Mahindra Forex CardKotak Mahindra BankEasy reload, multi-currency support, and competitive exchange rates.15+ currenciesTravelers, TouristsFree travel insurance, 24×7 support, reloadable, emergency assistance.
RBL Bank Travel Forex CardRBL BankMulti-currency support, chip-enabled card, reloadable online.15+ currenciesFrequent travelersFree insurance, reloadable, 24×7 support.
IDFC First Bank Travel CardIDFC First BankLow fees, no forex markup, and offers competitive exchange rates.15+ currenciesTravelers, TouristsTravel insurance, reloadable online, emergency card replacement.
Citibank Forex CardCitibankInstant issuance, online reloading, chip-enabled for security.14+ currenciesFrequent travelers, TouristsFree insurance, reloadable, emergency assistance.
PNB Global Travel CardPunjab National BankMulti-currency support, secure chip card, reloadable.15+ currenciesTravelers, TouristsFree insurance, reloadable, emergency assistance.
Bank of Baroda Travel CardBank of BarodaMulti-currency support, competitive exchange rates, reloadable online.15+ currenciesTravelers, TouristsInsurance, reloadable, emergency card replacement.
Muthoot Forex CardMuthoot FinanceGlobal acceptance, secure chip card, and reloadable online.Multiple currenciesFrequent travelers, TouristsInsurance, reloadable, 24×7 customer support.
Federal Bank Forex CardFederal BankSecure, chip-enabled, reloadable, and supports multiple currencies.16+ currenciesTravelers, TouristsTravel insurance, 24×7 support, reloadable.
Canara Bank Forex CardCanara BankMultiple currencies, reloadable, competitive exchange rates.15+ currenciesTravelers, TouristsInsurance, reloadable, emergency assistance.

20 Best Forex Card In India 2025

1.Niyo Global Card by Equitas Bank

Equitas Bank’s Niyo Global Card provides a seamless online management experience via their Niyo app along the likes of zero forex mark up and worldwide acceptance making it one of the best forex cards in India for 2025.

Niyo Global Card by Equitas Bank Best Forex Card In India 2025

It has the capability to hold multiple currencies which is really handy for travelers or businessmen. With availability of round-the-clock cash support in case of emergency and insurance covering travel making it quite impressive for international travel.

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Pros And Cons Niyo Global Card by Equitas Bank

Pros:

  • Zero forex markup charges.
  • Accessible management through the Niyo app.
  • No ATM fees worldwide.

Cons:

  • Limited currency options compared to other cards.
  • Requires a mobile app for full functionality.

2.BookMyForex YES Bank Forex Card

The BookMyForex YES Bank Forex Card is among the best for 2025, with the added benefit of making an online order and receiving delivery of the card almost instantly while in addition, being able to get affordable exchange rates.

BookMyForex YES Bank Forex Card Best Forex Card In India 2025

It is multi-currency and has a chip embedded for enhanced security during transactions. Perfect for constant travelers and tourists, the card has the advantage of free insurance coverage, urgent services, and online reloads without any difficulties.

Pros And Cons BookMyForex YES Bank Forex Card

Pros:

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  • Instant issuance with online booking.
  • Instant issuance with online booking.
  • Competitive exchange rates.

Cons:

  • Limited availability in some regions.
  • Not suitable for long-term stays abroad (reload charges).

3.Axis Bank Multi-Currency Forex Card

The Axis Bank Multi-Currency Forex Card is one of the best forex cards in India for 2025, supporting over 16+ currencies. It utilizes chip technology that allows for secure and convenient transactions that are not subject to additional fees.

Axis Bank Multi-Currency Forex Card Best Forex Card In India 2025

Best suited for global wanderers, the card has benefits such as travel assistance, insurance and easy online recharge to enhance your traveling experiences.

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Pros And Cons Axis Bank Multi-Currency Forex Card

Pros:

  • They provide worldwide access by providing support for more than 16 currencies.
  • They provide assistance while traveling for assurance in case of an emergency.
  • Secure transaction using the chip enabled technology.

Cons:

  • There are annual charges that might be charged.
  • There are competitors, who do not charge as much as them for Forex markup .
  • Not all global locations would have it available.

4.Standard Chartered Forex Card

The Standard Chartered Forex Card is undoubtedly one of the optimal Forex cards for 2025 as it is compatible with multiple currencies and has competitive exchange rates.

Along with international use, it also has the support for contactless payments, it has the security of chip enabled transactions, and you can easily reload it online, making it smooth and secure to use abroad.

Standard Chartered Forex Card Best Forex Card In India 2025

It is also perfect for travelers and tourists as it offers additional features such as insurance coverage, emergency travel assistance and universal acceptance of such cards, making it a great option when holidaying abroad.

Pros And Cons Standard Chartered Forex Card

Pros:

  • Enables withdrawal of different currencies when traveling overseas.
  • Feature that allows contactless payment which is an easy way to pay.
  • There are no transactional fees incurred when making payments internationally.
  • Provides insurance cover when traveling to different countries.
  • Bank app and online services make reload options more convenient.

Cons:

  • The number of currencies is restricted to 10 only.
  • High initial fees than other alternative forex cards.
  • An annual fee may be charged.
  • Customers located outside India may find support very limited.
  • Foreign ATM withdrawal charges could be higher.

5.HDFC Bank Multicurrency Platinum ForexPlus Chip Card

HDFC Bank Multicurrency Platinum ForexPlus Chip Card is one of the best forex cards in India with the rating of 2025 with 23+ supported currencies. A chip secured contactless card with great exchange rate.

HDFC Bank Multicurrency Platinum ForexPlus Chip Card Best Forex Card In India 2025

Best suited for overseas travelers as it comes with additional features such as no cost insurance, emergency card replacement and online card reloads making it safe and more convenient.

Pros And Cons HDFC Bank Multicurrency Platinum ForexPlus Chip Card

Pros:

  • Has a free cover for travel insurance along with emergency assistance.
  • Uses chip technology thus, offering a sense of security.
  • Can be easily reloaded using the HDFC online.

Cons:

  • Sometimes an activation or issuance fee is incurred.
  • Some transactions do attract reload fees.

6.ICICI Bank Student Forex Prepaid Card

The ICICI Bank Student Forex Prepaid Card is among the better forex cards in india for 2025 as it is tailored for students studying outside the country.

It comes with features like many currencies support and a very low fee for international transactions along with secure chip technology.

ICICI Bank Student Forex Prepaid Card Best Forex Card In India 2025

It also provides easy online reloading, travel insurance, and customer service available all the time which makes this card safe and convenient for students traveling abroad for education.

Pros And Cons ICICI Bank Student Forex Prepaid Card

Pros:

  • It has been designed particularly for the needs of the university students who are sent abroad.
  • Students have to pay significantly low transaction charges.
  • International transactions can be done in 15+ currencies.
  • Fraudulent activities are minimized through the use of chip technologies.
  • Convenience of easy online reloading.

Cons:

  • Only students shall qualify to possess the card hence the scope narrows.
  • Less extra advantages are offered as compared to other travel cards.
  • There is no global emergency cash assistance hot line available.
  • Reloading through third-party services will charge fees.
  • Because of the features it offers, it explains that it is not for those who will stay for long periods.

7.State Bank Multi-Currency Foreign Travel Card

The State Bank Multi Currency Foreign Travel Card is among the best forex cards in India for the year 2025 as it supports 23 plus currencies. It offers a combination of chip technology, managable reloads and reasonable foreign exchange rates.

State Bank Multi-Currency Foreign Travel Card Best Forex Card In India 2025

Best suited for those who travels a lot, it also includes travel insurance, emergency assistance and international acceptance features for more safety and a smoother experience while traveling internationally as well.

Pros And Cons State Bank Multi-Currency Foreign Travel Card

Pros:

  • Can be used in 23+ currencies making international travel easier.
  • Free card with no annual cost.
  • For travelers assistance can be provided in an emergency.
  • Convenient internet banking makes it easy to reload.
  • Good conversion rates like exchange rates are offered.

Cons:

  • Expensive fees for cash withdrawals from ATMs internationally.
  • Support services are only available in India.
  • Reloading the card on some transactions may carry costs.
  • Card activation and issuance maybe charged extra.
  • Restrictions apply on some features of the mobile app for the card.

8.Yes Bank Multi Currency Travel Card

Yes Bank Multi Currency Travel Card ranks as one of the best forex card in India for the year 2025 and supports 15 plus currencies.

The card doesn’t charge an annual fee and comes with a secure chip, ensuring easy online reloads and hassle-free transactions, making it an ideal option for users traveling abroad.

Yes Bank Multi Currency Travel Card Best Forex Card In India 2025

It also has travel insurance, assistance, and attractive foreigner exchange rates which makes it a suitable option for foreign trips.

Pros And Cons Yes Bank Multi Currency Travel Card

Pros:

  • Compatible with more than 15 currencies which makes it easy to travel internationally.
  • The yes bank multi currency card does not require any annual charge.
  • Yes Bank mobile app or online banking services can be used to reload the card making it very easy.
  • Get much better value with Yes Bank’s exchange rates publishing them at competitive levels.
  • Customers may obtain international assistance around the clock from Yes Bank.

Cons:

  • More expensive from a forex conversion perspective than several other service providers.
  • Customers have to be Yes Bank account holders making it very exclusive.
  • Fees may be charged to withdraw money from foreign ATMs.
  • Activation fees and or issuance fees for the card may be charged to the user.
  • Other types of cards are more comprehensive as Yes Bank’s insurance is rather limited.

9.IndusInd Bank Multi-Currency Travel Card

The IndusInd Bank Multi-Currency Travel Card is loved by both locals and travelers in 2025 and it’s obvious why. This forex card supports over 16+ currencies which makes this card among the best in the global markets. It also has advanced Wire Less Security with a WCH device and allows you to load and reload easily

IndusInd Bank Multi-Currency Travel Card Best Forex Card In India 2025

The most prominent requirement when on foreign exchange. IndusInd international cards are best suitable for customers who frequently travel as these cards provide various features such as insurance coverage for global emergencies, great currency exchange rates, and even more services making it a safer and cheaper option when traveling abroad.

Pros And Cons IndusInd Bank Multi-Currency Travel Card

Pros:

  • Free insurance for travel is provided for the cardholders.
  • The card has chips which allow secure transactions.
  • Transfers can be made quickly via the internet which is convenient.
  • Better exchange rates enable more profit.

Cons:

  • Funds are created to assist you in times of emergency but they charge some fees.
  • Outside India, customer care has restrictions.
  • Customers may be charged more when converting foreign exchange of certain currencies.
  • Not every option is handy to every type of traveler like non-IndusInd customers.
  • The time it takes to issue a card is slower compared to others.

10.TripMoney Global Cash Card

The TripMoney Global Cash Card is best forex card in India for the year 2025. It has a global usage and charges a very low fee on conversion of currencies. This makes it suitable for students and travellers who are on a budget as it is multi currency and can be reloaded online without much difficulty.

TripMoney Global Cash Card Best Forex Card In India 2025

It even comes with features like travel insurance, a secure chip technology, and the ability to manage the funds through an easy mobile application which ensures a good experience while travelling.

Pros And Cons TripMoney Global Cash Card

Pros:

  • For saving spending internationally, conversion fees are quite low.
  • Great for students and low-cost travelers as it is easy to get started with.
  • It is multicurrency and can be utilized in any part of the globe.
  • Automated Load via TripMoney app as well as online site is easy.
  • Advanced microchip technology makes global transactions safe and secure.

Cons:

  • Customer service help is available in a limited scope outside India.
  • There are cases in which ATM withdrawals abroad could be charged fees.
  • There are fewer currencies on offer than in bigger forex cards.
  • No emergency cash is provided or accessibility feature.
  • It has app restrictions which may limit users and render it inaccessible.

11.Thomas Cook Forex Card

The Thomas Cook Forex Card is one of the best forex cards in India for 2025, offering support for 15+ currencies. It features secure chip technology, easy reload options, and competitive exchange rates.

Thomas Cook Forex Card Best Forex Card In India 2025

Ideal for tourists and travelers, it provides added benefits like travel insurance, emergency assistance, and global acceptance, ensuring a smooth and hassle-free experience abroad.

Pros And Cons Thomas Cook Forex Card

Pros:

  • Has a multi-currency functionality managing over 15 currencies ideal for global travels.
  • Offers online ussabers an automated motion to reload the account for a quick engagement.
  • Gives help with situations such as emergencies as well as provides cash replacement options.
  • A better exchange rate than many providers .
  • Many countries endorsing it across the various parts of the world.

Cons:

  • Domestic reloads and Foreign ATM withdrawals are chargeable.
  • Some additional fees are required for card replacement.
  • Other forex cards allow a wider range of currencies than this forex card.
  • There are certain places where you cannot access customer support.
  • Compared to other challengers, the time taken to activate accounts is a bit higher.

12.Kotak Mahindra Forex Card

Starting in 2025, Kotak Mahindra Forex Cards will provide their consumers with the ability to hold and use 15+ currencies which will give be beneficial to any traveler. It includes safe chip technology, reloads over the internet, and very good exchange rates.

Kotak Mahindra Forex Card Best Forex Card In India 2025

It has features such as travel insurance, help around the clock, and worldwide acceptance, thus making it a safe and easy and economical way of traveling. Furthermore, the card works perfectly for international students in 2025 and beyond due to its easy money management capabilities.

Pros And Cons Thomas Cook Forex Card

Pros:

  • Payments are done with a chip which provides added security for transactions.
  • Provides relatively better rates for exchange and thus minimizing the costs of conversion.
  • One can use this card and the associated ATM in most parts of the world.

Cons:

  • Certain transactions may have reload charges for completion.
  • Some costs are added for making withdrawal from foreign ATM.
  • The mobile app provided by the company has very limited features for the management of the card.

13.RBL Bank Travel Forex Card

In 2025, the RBL Bank Travel forex card is among the top forex cards in India with a support of more than 15 currencies. It has a chip, enables easy online reloading, and provides good exchange rates.

RBL Bank Travel Forex Card Best Forex Card In India 2025

It also offers additional features such as travel insurance, access to help at any time and the ability to use it anywhere in the world which makes it highly suitable for round the world travelers. Overall, this card augurs very well for overseas trips by providing a safe and smooth experience.

Pros And Cons RBL Bank Travel Forex Card

Pros:

  • Supports over 15 currencies for hassle-free transactions abroad.
  • Offers travelers’ emergency assistance services.
  • The rates applied are quite good which makes the conversion cheaper.
  • Ensures secure payments with the use of chip technology.
  • Redeeming funds is quick and effortless due to the ease of online reloading.

Cons:

  • Withdrawing money from foreign ATMs could cost you extra. A fee is charged for reloading certain accounts.
  • Only limited clients based overseas are able to reach customer service in India.
  • Fees associated with issuance of cards may be higher than what other providers charge.

14.IDFC First Bank Travel Card

The IDFC First Bank Travel Card is one of the best forex cards in India for the year 2025, With a knowledge of multiple currencies, there is no foreign exchange support when transacting. Therefore, the card is quite effective when going abroad as it has a secure chip technology and can easily be reloaded.

IDFC First Bank Travel Card Best Forex Card In India 2025

This is especially useful for tourists because it also comes with things like travel reassurance service, purchasing other currencies at a good rate, and being able to travel insurance for more lower reasonable prices, perfect as an investing tool for international travel.

Pros And Cons IDFC First Bank Travel Card

Pros:

  • There are no cost-effective transactions which charge forex markup fees.
  • This card is useful because it accommodates various currencies worldwide.
  • Clients can easily top-up using the online IDFC app and the banking platform.
  • It provides low fair exchange rates.
  • This international transaction is done using a chip and so is safe.

Cons:

  • Compared to other forex cards, there are not so many currencies to use.
  • There may be charges for card activation and issuance of the card.
  • Their customer support does not work all around the world as it is only in India.
  • For some transactions, there are certain reload charges that will have to be paid.
  • This cannot be used by non-IDFC First Bank customers.

15.Citibank Forex Card

The Forex Card from Citibank is among the top forex cards in India for 2025 as it covers more than 14 currencies and does great international transactions. All Transactions are quick and easy with secure chip technology, reload features and favorable exchange rates.

Citibank Forex Card Best Forex Card In India 2025

It is perfect for those who often travel out of India as it has additional features such as travel coverage, an emergency hotline, and is universally acceptable, making it a safe option that you can use with confidence when traveling abroad.

Pros And Cons Citibank Forex Card

Pros:

  • Offers the ability to conduct international transactions in over 14 currencies.
  • Offers an easy way to make online reloads through citibank’s online banking services.
  • Has additional service features like travel insurance, and emergency cash and card replacement.
  • The card has chip technology that ensures security against fraud.
  • Works in most places around the world including ATMs.

Cons:

  • Charges relatively high fees for reloading the card than that is charged by some other cards.
  • This card is only available to holders of Citibank accounts.
  • High fees could be charged depending on the ATM used and cash withdrawn when in a foreign land.
  • There might be some activation fees.
  • They are not available 24-7 outside of India.

16.PNB Global Travel Card

In terms of service and enhancement for the traveling experience, the PNB Global Travel Card offers the best forex card solutions in India for the year 2025 considering its total support in over 15 currencies.

With competitive exchange rates, secured chip technology and online reload options, the forex card does provide the card holders with smooth international transactions.

PNB Global Travel Card Best Forex Card In India 2025

Great for traveling on the go, it covers singular benefits like travel insurance, global emergency assistance or even help travelers with complex situations in multiple countries thus serving as a reliable and economical means for all types of overseas traveling.

Pros And Cons PNB Global Travel Card

Pros:

  • Allows you to spend in more than 15 currencies while traveling.
  • Provides free replacement of the card in an emergency as a part of the Travel Card services.
  • Better rates of exchanging currency means you spend less on foreign transactions.
  • Easy online reloading from their website anytime.
  • You will have to use the comparatively more secure chip enabled card for international use.

Cons:

  • Withdrawals at a foreign ATM come with some extra fees on top.
  • Also, fees for activation and issuance of the card may be charged.
  • Contacting the customer support isn’t very convenient while abroad.
  • Only outlets with PNB accounts have the privilege to issue the card.
  • Other local fees or charges might be required on specific reload options.

17.Bank of Baroda Travel Card

In terms of issuing foreign currency, the Bank of Baroda Travel Card is one of the most popular Forex cards in India for the year 2025 offering support for more than 15 currencies.

Bank of Baroda Travel Card Best Forex Card In India 2025

It provides easy to use chip technology, friendly remittance rates and instantaneous reloading facilities. Suitable for international business travelers, its benefits include coverage for trips, emergency help and worldwide acceptance making it safe, easy and economical to travel for the users.

Pros And Cons Bank of Baroda Travel Card

Pros:

  • It offers multicurrency travel card in over 15 currencies makes traveling much easier.
  • Provides services like card replacement and other assistance as well.
  • Provides best rates of exchange keeping the conversion cost low.
  • Provides embedded chip technology to facilitate secure transactions while traveling abroad.
  • The card is acceptable at multiple ATMs as well as merchants globally.

Cons:

  • Using any foreign ATM could lead to some extra charges.
  • Fees for only some eligible transactions such as reloading might be imposed.
  • Not much of customer assistance or support has been offered outside India.
  • Certain activation and issuance fees do exist.
  • The mobile application is not as effective for managing the card.

18.Muthoot Forex Card

We can suggest you the Muthoot Forex Card which is one of the best Forex cards in India for 2025. It can load multiple currencies and allow for quick and easy transfers.

It offers enhanced security using microchip features, easy reloading via online access, and the main necessity, a good exchange rate.

Muthoot Forex Card Best Forex Card In India 2025

Also suitable for travelers, it eliminates problems by allowing international transactions and providing extended services such as insurance, constant support, and the company passport.

Pros And Cons Muthoot Forex Card

Pros:

  • Ideal for international travel as it holds multiple currencies.
  • Conveniently gets reloaded via the online system of Muthoot.
  • Has reasonable exchange rates making it easier to spend.
  • Safer transactions due to the chip technology used.
  • Offered without charge as well of Emergency Assistance Services.

Cons:

  • There are charges to regulations on ATM withdrawal outside the country.
  • Intercharge could be levied for specific reloads.
  • Seems that the technical support is reachable in India only.
  • Possibly are fees for the card issuance and activation.
  • The card only supports the US, Canadian and Australian dollars unlike others.

19.Federal Bank Forex Card

Launched by the Federal Bank, the Forex Card is one of the best forex cards available in India today, allowing for 16+ currency transactions all over the globe.

Federal Bank Forex Card Best Forex Card In India 2025

This enables easy international transactions with its secure chip technology, easy reloads, plus favorable exchange rates. It serves its purpose well being aimed at regular travellers offering travel insurance, emergency assistance and many more advantages all over, thus making it an excellent choice while travelling abroad.

Pros And Cons Federal Bank Forex Card

Pros:

  • Makes foreign transactions seamless by offering currency exchange in numerous currencies.
  • Excellent worldwide coverage provides customer care service at any time.
  • Customer can process payments swiftly and securely with chip enabled technology.
  • Forex cards have some of the most favorable rates of conversion available.
  • Has the ability to be easily reloaded online meaning that your funds are always accessible.

Cons:

  • Fees might be charged for withdrawals from ATMs outside of the country.
  • Costs for activating the card and providing an issue might be there.
  • Some transactions may require reloading fees which may be quite high.
  • Provides lesser cash replacement in times of emergencies in comparison to other cards.
  • The time taken for customers to be responded to may be longer than normal at busy times.

20.Canara Bank Forex Card

The Canara Bank Forex Card is one of the best forex cards in India in 2025, providing support for multiple currencies and secure chip technology. Exchange rates offered by the bank are good and funds can also be easily reloaded online which makes international transactions straightforward.

Canara Bank Forex Card Best Forex Card In India 2025

As a result, it’s great for travelers because it has travel-related perks such as worldwide acceptance, emergency assistance, and even travel insurance making it a dependable and cheap option when travelling overseas.

Pros And Cons Canara Bank Forex Card

Pros:

  • Permits international travel by enabling the use of different currencies.
  • Features embedded chip technology which helps combat fraud.
  • Offers reasonable exchange rates for better currency conversion.
  • Available anytime and anywhere to assist you with travel-related inquiries.
  • The bank’s site facilitates the easy online recharging.

Cons:

  • There could be withdrawal charges at foreign ATMs.
  • There is an activation fee and issuance fee.
  • Outside of India, the customer support staff is relatively limited.
  • Some transactions for reloading may attract other costs.
  • Cannot be issued to customers without a current account with Canara Bank.

How To Choose Best Forex Card In India 2025

Multi Currency Feature: Use cards which have a variety of currencies if you travel a lot.

Forex Markup Fees: It is also wise to look for cards that have low forex markup on them because this will help on close the gap on conversion fees to the bare minimum.

Online Reloading Features: Look for cards with easy and cheap online reloading options.

Foreign Currency Withdrawal Fee: Look for a plethora of foreign currency withdrawal fees that are required at the atm in order to compare which one will be at the most cost effective.

Anti Fraud Mechanisms: Using a card that has secure chip technology and fraud protection should be your choice.

Phone Assistance for Transactions: Prefer cards that support round the clock telephone assistance to their customers such as while traveling overseas.

Card loss Management Services: Certain cards may cancel the travelling and give you travel insurance along with emergency card replacement.

Card Maintenance Bills: On the other hand look out for maintenance costs in relation to issuing, activated and yearly in order to safeguard yourself from a costly card.

Acceptance by Foreign Banks and ATMs: Check whether or not the card is accepted at foreign countries and ATMs.

Conclusion

To summarize, the average forex card in India for 2025 is largely determined by your requirements whilst traveling as including supporting currencies, fees, and security and exchange safeguards. Seek out cards with reasonable exchange rates, quick loading procedures, and good customer assistance.

Furthermore, use international cards that offer additional services like emergency assistance or travel insurance so you have ease of mind. Select wisely in order to have a more seamless experience.

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