BookMyForex is Rated 4.7 out of 5 Stars Based on Over 12000 Reviews
The BookMyForex Multi-Currency Forex card is one of its kind - a smart travel card that can be loaded with 14 currencies & used in over 150 countries. What sets our forex card apart is its unique proposition - loading foreign currency at exact interbank rates. You can also top up your card instantly to add more funds via BookMyForex App.
Never run out! Instantly add funds to your forex card while you travel
Travel funds left over? Transfer foreign currency to your INR wallet instantly via the app & use your card in India just like a debit card
Adventure awaits, and our forex card lets you experience it without breaking the bank. That's right - ditch the hidden costs and hold onto more money for what truly matters: making memories.
The BookMyForex mobile app is a game-changer for international travelers. The app lets you manage your forex card on the go, allowing you to focus on creating unforgettable travel memories.
Grab the very popular and much-loved BookMyForex card by following these Steps!
A forex card, also known as a travel card, is a secure and convenient way to carry foreign currency when traveling abroad. It is a Visa/MasterCard-powered prepaid card that lets you to load one or more foreign currencies and make payments or cash withdrawals in the local currency of your destination at millions of stores and ATMs globally that accept Visa or MasterCard. The card allows you to load foreign currencies at locked-in exchange rates, ensuring the rate is fixed when you load it, unlike credit or debit cards where the exchange rate is calculated on the fly for each transaction.
BookMyForex forex cards also come with zero markup on foreign exchange rates, making it the most cost-effective option for international travelers and students paying overseas.
You can use a forex card at the same places where you can use an international credit or debit card overseas. It is accepted at any location abroad that accepts Visa or Mastercard, including stores, restaurants, hotels, ATMs and e-commerce websites. So, whether you’re shopping, eating out, or shopping online, your forex card makes it super easy to pay for everything. You can also use it to withdraw cash from ATMs in the local currency of your destination country.
Your BookMyForex Forex Card can be loaded with the world’s top 14 major currencies;
The BookMyForex Yes Bank multi-currency forex card also allows you to convert any of the above foreign currencies into Indian Rupees (INR), after which you can also use the card in India!
Download the BookMyForex mobile app and create an account. Place an order online to buy a Forex Card from the app. Fill in the required details, including the foreign currency and the amount you need. Make sure to complete all the necessary steps, including the final payment. After successfully placing your order, your Forex Card will be delivered to the address you provided.
For more details, Read our step by step guide to get a forex card
BookMyForex Card is typically delivered the same day for orders placed with full payment and required documents before 1 PM on a working day. For orders placed with full payment and required documents after 1 PM, the card is usually delivered the next working day. The turnaround times mentioned here can vary in case of exceptional circumstances such as bad weather, local holidays, riots, and other disturbances, etc.
To activate your forex card, ensure all required documents are completed and submitted. Once delivered, BookMyForex will load the card with funds and activate it within 6 working hours. No action is needed from your side once the card arrives—just ensure your documents are in order to ensure a smooth and quick activation process.
With its hassle-free usage and global acceptance, the BookMyForex Forex Card ensures smooth transactions wherever you go. Whether it's for leisure, holidays, personal visits, medical visits, business, or studying abroad, this versatile card simplifies your payments abroad.
Getting a BookMyForex Forex Card is fairly straightforward. The primary eligibility criteria is that you must be an Indian resident. There's no account opening required; you can apply online 24/7, and the process requires minimal documentation upload.
The essential documents needed to purchase foreign currency are as follows:
No additional documentation is necessary for those traveling for leisure or medical purposes. However, for other travel purposes, extra documents are needed:
In some situations, further documentation might be necessary. To view the complete list of required documents, please initiate an order on BookMyForex and answer all relevant questions to determine if additional documentation is needed.
A zero markup forex card is a prepaid travel card that doesn’t charge any extra markup on currency conversion. While forex cards from banks include a 2-3% markup on the interbank rate, a zero markup card, like the one from BookMyForex, provides the actual exchange rate, as seen on Google, without any additional markup added on the base foreign exchange rate
All zero markup debit and credit cards use the Visa/ MasterCard exchange rates to convert money. These Visa/ MasterCard rates, however, contain a small markup as well. As a result the conversion doesn’t happen at the exact interbank rates. True zero markup forex cards, however, allow you to exchange currency at the exact interbank rates without any card network (Visa/ Mastercard) markups.
BookMyForex waives off most charges that are typically added by banks and money changers on forex cards. We charge no card issuance, loading, reloading or annual maintenance charges.
Depending on which card variant you opt for, certain additional usage based charges such as ATM withdrawal fees, cash disbursement fees and cross currency fees may apply. If you hold a single currency card issued by BookMyForex, none of the above charges would apply regardless in any scenario. However, if you own a BookMyForex-Yes bank co-branded multi currency forex card, the above charges would apply. Read more about our co-branded multi currency forex card charges here: https://www.bookmyforex.com/forex-card/charges/
You can reload your forex card seamlessly from the BookMyForex android or iOS mobile app.
If you have a BookMyForex-Yes bank co-branded multi-currency card, you must link your card with the app before reloading the card. After your card is linked with the app, follow these steps:
If you have a single currency forex card, you can reload the card from the BookMyForex app:
If you have a BookMyForex-Yes bank co-branded multi-currency card, you must link your card with the app before unloading the card. After your card is linked with the app, follow these steps:
If you have a single currency forex card, you can unload the card from the BookMyForex app in the following way:
BookMyForex offers two forex card variants to suit different travel needs:
Perfect for international travelers traveling to common international destinations, this card allows you to load up to 14 currencies with zero markup on exchange rates. It comes with no annual maintenance charges and no loading, reloading or unloading fees. Easily manage your card and unlock features such as instant reloads, instant refunds to INR wallet, disposable virtual cards and much more by linking your multi-currency card to the BookMyForex mobile app.
The Single Currency Forex Card, loaded in USD, is ideal for international students, travellers travelling to exotic destinations and frequent ATM users. It offers zero fees on ATM withdrawals, cross-currency transactions, and university fee payments at POS terminals. Spend in 180+ currencies with zero cross-currency charges, making it perfect for those needing to spend in currencies beyond the 14 available on the multi-currency card.
The BookMyForex Forex Card is one of the best forex cards in India. It stands out with zero markup on interbank rates, offering the actual interbank exchange rate without any extra markup. The card offers instant reloading, app-based card management and no annual charges or fees for loading, reloading, and unloading. See the comparison of the BookMyForex Forex card with the competition here: Best Forex Cards in India for International Travel
The BookMyForex single currency card/ student forex card is the best forex card for Indian students studying abroad. It stands out in comparison to other forex cards due to its exclusive benefits, such as zero markup rates, free ATM withdrawals, zero cash disbursal fees on university tuition fee payments via card, zero cross-currency charges, and much more. Check out the comparison here: Best Forex Cards For Indian Students Studying Abroad
Forex cards are a safer and a more convenient option compared to carrying foreign cash. Unlike cash, forex cards offer plenty of protection if lost, stolen or misplaced. They also offer better exchange rates, especially with BookMyForex, which provides zero markup on interbank rates. Depending on the destination you’re traveling to, forex cards can save you up to 10% as compared to cash. If you still need cash for emergency situations, you can buy some before you leave from BookMyForex or just use your forex card overseas to withdraw cash from an ATM with zero/minimal ATM withdrawal fees. Read More: Forex Card vs. Cash vs. Debit Card – Which is the Best Option for Traveling?
Forex cards are prepaid cards that can be issued instantly without any bank account opening formalities and delivered very quickly (BookMyForex cards are delivered on the same day the order is placed). Forex cards can be loaded with one or more foreign currency at locked-in exchange rates, providing transparency into costs and protection from forex rate fluctuations. BookMyForex forex cards are loaded with several other benefits such as zero markup rates, zero annual fees, zero issuance/ reloading/ unloading fees and even zero ATM withdrawal charges and zero cross currency charges for some cards. These benefits are the reason forex cards are the most popular and best choice for taking care of overseas expenses.
On the other hand, debit cards and credit cards are an INR-based cards. These cards are linked to your bank account or credit limit and they are subject to fluctuating exchange rates. As a result you have no visibility into the amount that you will be charged at the time when you’re making the payment. The charges are applied post the completion of the transaction. Debit/credit cards typically charge high cross currency fees, high annual charges and high ATM withdrawal fees, making the overall proposition less cost-effective than a forex card for international travel. Read More: Forex Card vs. Cash vs. Debit Card – Which is the Best Option for Traveling?