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Choose Indusforex For Hassle-Free Money Management When Abroad
Posted on Tuesday, August 25th, 2020 | By IndusInd Bank
Travelling abroad can be a spectacular experience if you set aside some precious time towards planning. Even the little choices like the mode of payment you opt for can affect your travel experience. It must be quick and straightforward so that you can spend productive time in more pleasurable pursuits like sightseeing, shopping and discovering all that’s new out there!
Cashless payments are popular since you can carry only a limited amount of cash, and most transactions today are cashless.
Forex – Purchase Options
You have the option of using either a credit card or a forex card. Forex is a more popular choice as it bundles in several benefits like saving you from volatile exchange rate fluctuations. Once you buy a forex card for a certain amount, the current exchange rate is locked for the travel duration. Besides, it is pre-paid, so you’ve already steered clear of the worry that you would need to make that payment eventually.
A credit card transaction is an expensive option. And traveller’s cheques do not enjoy wide acceptance, which limits your purchasing ability to a few places.
However, you can keep credit and debit cards or traveller’s cheques as backup options.
Your next task would be to choose the ideal forex card.
For seamless money-management and the wide range of benefits it provides, the IndusInd Multi-Currency Travel Card has gained immense recognition and popularity among frequent travellers. Here are some of its attractive features.
Lowest Exchange Rate – One of the most exciting features and a direct benefit to its clients, IndusForex provides the most economical and best exchange rates on offer.
Wide Acceptance – Designed for international travel across multiple destinations, you can load up to 14 different currencies in a single card.
Secure Transactions – All cash withdrawals at ATMs, transactions, and online purchases are secure. Besides, you can avail wide acceptance across a multitude of merchandise stores worldwide.
Insta Reload – The USP lies in the facility of reloading your forex card from any part of the globe, should you run out of currency! The reloading facility is available online, 24×7. A smooth and convenient interface takes you through the process in easy steps. All you need to do is select your card type, choose the expected currency, and make a payment. To add multiple currencies, simply use the ‘Add Another Currency’ feature. A few simple steps that request your bank details, choice of delivery mode, and a confirmation complete the process, making it an efficient, hassle-free experience.
The Perfect Forex Card For The Modern Traveller
In a nutshell, here are the features that make IndusInd Multi-Currency Travel Card an absolute knockout punch!
- You can benefit from the Insta Reload option.
- You can use this card in over 1.6 million ATMs and merchant establishments across the world.
- You can load up to 14 major currencies, including UAE Dirham, US Dollar, Canadian Dollar, Euro, Saudi Riyal, Great Britain Pound, Australian Dollar, and Singapore Dollar.
- Zero conversion charges.
- No hidden fee, low ATM withdrawal charges.
- Minimal paperwork, the card can be delivered to your preferred location via courier within 24 to 48 hours.
- You do not need to have an IndusInd account to own this forex card.
- You get a paired kit option with an extra backup card, in case you lose your primary card.
- Minimum one-time issuance fee, approximately INR 100-150.
- Minimum reload fee, approximately INR 100.
- Minimum Reactive fee.
- Minimum Cross Currency fee of 3.5%.
- Instant notifications and alerts to avoid fraudulent transactions.
If you plan to travel abroad sometime soon, the IndusInd Multi-Currency Travel Card is definitely your best and safest bet!
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.
