Best Forex Card for Indian Students to Study Abroad 2025

What Is a Forex Card for Indian Students?

While studying abroad, having the best Forex card for students is essential. This allows a student to carry multiple currencies on a single card which makes daily transactions easy for them in foreign countries such as food, rent, medicine, etc. Furthermore, the transaction fees for these forex cards are very low, which is the most important factor for international students.

Now, among so many options of the best forex card for students, it becomes a confusing task to choose one. Therefore, this guide will help you in making the better choice by considering a few important factors such as interest rate or market fluctuations. Thus, read till the end and make a smart choice accordingly.

Key Features to Consider a Forex Card

There are several factors that students must consider before opting for the best forex cards for Indian students. These factors are:

• Check for the supported currencies: It is important to check if your card supports the maximum currencies, mainly the important ones such as GBP, Euro, USD, CAD, AUD, INR, Dirahm, etc.

• Consider the fees: Look for those cards which have zero or very less fees while loading, recharging, and making the transactions through that particular card. This will save a lot by avoiding the extra charges paid like on several debit cards.

• Security features: Opt for those forex cards that have PIN protection and several authentication steps that will allow you to report the fraud instantly and will avoid any sort of loss during this time.

• Easy to use experience: Look for those forex cards that allow you to make seamless transactions, have easy recharging facilities, and also have a well-designed app to manage the services affiliated with the same.

• Additional perks: While opting for the Forex card, you must look for the extra perks they offer such as cash back on transactions, a free SIM card, and compensatory access to airport lounges.

• Customer care services: Always consider those cards that offer 24/7 customer support services to deal with any issue faced while making a transaction or recharging the card or any other.

• Card validity: Look for those cards that have long validity and are further extendable to support more than one trip abroad in any country without any issue.

These are the key factors that are to be considered when opting for the best forex cards for students. However, you can also reach out to the study abroad experts who will help you in choosing a card that meets all these requirements. Also, the list of top Forex cards is given in the next section.

Do You Need Assistance with Education Loan ?

Get Assistance!

Top Forex Card Options for Indian students

Several banks in India offer the best cards for foreign transactions. Therefore, the best forex card for Indian students are:

These are the 10 most popular and the best forex cards for the students to support international transactions. Moreover, the application process for all these cards is easy and completely online. Thus, read about the same in the next section.

How to Apply for a Student Forex Card From India?

Applying for the best forex cards for Indian students is not a very tough task. Moreover, it is an online job, that makes it easy and accessible for the students. Therefore, the steps included in applying for the same are:

1. Choose a bank: Research and choose the most suitable bank that you think will fulfill all your requirements.
2. Plan a visit: You have both options, to visit the branch or go on the bank’s official website.
3. Select the Forex card: Choose the ‘Student Forex Card’ option from the choices available.
4. Fill out the application form: Fill out the online application with personal and additional details asked including the passport details.
5. Submit the documents: Submit the required documents for verification and ensure you have ID proof, address proof, and student identity.
6. KYC verification: KYC, also known as ‘Know Your Customer’ is an important process that you have to undergo while applying.
7. Card delivery: Once approved, wait for your card to be delivered and you are ready to make international transactions.

These are the proper steps to apply for the best Forex cards for the students. Thus, follow them and get your card ready to make international transactions.

Want to Apply for Forex Card to Study Abroad?

Reach Out to Us Today!

Conclusion

To conclude, this was all about the best forex card for Indian students. Here, you read about what these cards are and what are the important considerations you should make while opting for one. Moreover, you also read about the top 10 famous Forex cards and how to apply for them. However, if you still face any issues or have any confusion, then reach out to the study abroad consultants for assistance. They will help you in every step from managing the expenses to applying for the Forex card. Thus, book a free session with them today and make your dream of studying abroad a reality.

FAQs

1. How Do the Forex Cards for International Students Differ From Other Travel Cards?

The major difference between the forex cards and debit and credit cards is that the forex cards offer lower exchange rates as compared to the debit and credit cards, which are better for international students.

2. What Is the Best Forex Card for Indian Students?

The best forex card for Indian students:

Niyo Global Card, HDFC Bank ISIC Student ForexPlus Card, ICICI Bank Student Forex Card, Axis Bank Multi-Currency Forex Card, IndusInd Bank Multi-Currency Forex Card, SBI Multi-Currency Forex Card, Kotak Mahindra Bank Forex Card, YES Bank Multi-Currency Travel Card, HDFC Multi-currency Platinum Forex Card, HDFC Regalia ForexPlus Card.

3. Is it possible to Load Multiple Currencies Onto One Student's Forex Card?

Yes, it is possible to load multiple currencies in the Forex cards, if the card supports a multi-currency feature.

4. Can I Easily Recharge My Forex Card While Abroad?

Yes, you can use net banking to recharge your Forex card anywhere anytime, even when you are abroad.