Traveling abroad can be exciting—but managing your money abroad? That’s where things can get tricky. You might find yourself juggling currency conversion, ATM charges, security risks and fluctuating exchange rates; if so, relying on debit or credit cards abroad may not be the best option as they may become expensive and inconvenient.
That’s why more and more Indian travelers are turning to forex cards—prepaid travel cards that offer security, better currency exchange rates and convenience when traveling internationally.
In this blog, we’ll discuss the best forex card for international travel, explain the key features to look for in the best forex cards in India and compare top options, including the offerings from Multimoney Forex.
What Is a Forex Card and Why Do You Need One?
A forex card is a prepaid travel card that you load with foreign currency before traveling. It can be swiped or tapped like a debit/credit card for purchases and transactions abroad or used to withdraw cash from international ATMs.
Key Benefits
- Locked-in exchange rates (avoid fluctuations)
- Single currency or Multi-currency support
- Safer than carrying cash
- Lower ATM and transaction fees
- Easy reload options
Why You Shouldn’t Just Use Your Debit or Credit Card Abroad
| Feature | Forex Card | Credit/Debit Card |
| Currency Exchange Rate | Locked in at the time of loading the forex/travel card | Dynamic and varies with every transaction |
| Foreign Transaction Fee | 0–3% (depending on the card) | 3–5% typically |
| ATM Withdrawal Fee | Lower (or waived) | Higher + possible conversion charges |
| Fraud Protection | High, with a temporary freeze | Limited, especially for international use |
What to Look For in the Best Forex Card for International Travel
When selecting a forex card, don’t just go by the name. Compare these features:
- Currency Support
If you’re traveling to Europe, UK, US, or Australia, ensure the card supports multiple currencies.
- Exchange Rates
A good forex card offers competitive rates at the time of loading.
- Reload & Balance Enquiry
Look for cards that allow online reloading and free balance checks.
- ATM Withdrawal Charges
Cards with low or waived ATM fees are ideal for long trips.
- Card Issuance & Reload Charges
Compare initial fees and reloading charges—some cards offer free reloading.
For more insights refer to this informative guide sharing the Top 7 benefits of using forex cards
Best Forex Card For International Travel From India (2025)
| Provider | Multi-Currency Support | ATM Fee (abroad) | Reload Fee | Online Usage | Card Issuance |
| Multimoney Forex | Yes- Ideal for travel to the USA | $2/transaction for multi-currency & $5/transaction for single currency cards | Connect With Us To Know | Supported | Connect With Us To Know |
| Book My Forex | Yes | $2 | ₹0 | Supported | ₹150 |
| HDFC Forex Plus | Yes | $2 Approx | ₹75 + GST | Limited | ₹500 |
| Axis Bank | Yes | $2.25 | ₹100 + GST | Supported | ₹150 |
| ICICI Travel Card | Yes | $2 | ₹100 + GST | Supported | ₹150 |
Why Multimoney Forex Offers The Best Travel Card For Overseas
Multimoney Forex has steadily gained recognition as one of the best forex card providers in India, especially for international travelers and students. With 21 years of experience and 30 branches nationwide, we are a leading name in the foreign currency exchange market.
Key Features of Multimoney Forex’s Forex Card
- Supports major global currencies (USD, EUR, GBP, AUD, SGD, AED, Bhat, Dong etc.)
- Easy online application via our website www.multimoney.co.in
- 24/7 customer service support
- Simple reload process while travelling
- Emergency card replacement service
- Can be used for online shopping, subscriptions, and hotel bookings abroad
- 2.5 Million+ satisfied customers.
FAQ’s
Q1. Which forex card is best for international students?
Multimoney Forex and Book My Forex cards are popular among students due to easy reloading and multi-currency support.
Q2. Is a forex card better than an international credit card?
Yes—for most travelers, forex cards offer better rates, lower fees, and better control over spending.
Q3. Can I use my forex card for online shopping?
Yes, most forex cards including Multimoney’s support international e-commerce transactions.
Q4. Is travel card and forex card the same?
Generally, yes, the terms are used interchangeably—but to mention, travel card is a broader term; forex card specifically refers to a prepaid card loaded with foreign currency.
Tips for Using Your Forex Card Abroad
- Avoid Dynamic Currency Conversion (DCC)
Always choose to pay in local currency (not INR) to avoid hidden conversion fees. - Keep Emergency Backup
Load a second card or keep a small amount in cash.
3. Monitor Transactions Regularly
Use the provider’s app or online portal to track spending.
Final Say
Invest in the Right Card Before You Take Off
| Traveler Type | Recommended Card | Why? |
| Student | Multimoney Forex | Low fees, reloading ease, multi-currency |
| Frequent Business Traveler | Axis Bank Multi-Currency | Corporate support and rewards |
| Leisure Traveler to Europe | Multimoney Forex or HDFC | Competitive exchange rates, Europe-friendly fees |
Selecting the best forex card for international travel shouldn’t be a last-minute decision. It impacts your total travel cost, convenience and peace of mind.
Multimoney Forex offers smart, simple, and reliable forex services to Indians traveling abroad—backed by transparent pricing, real-time reloading and 24×7 assistance.
Whether you’re a student flying to the US, a family going on vacation to Europe, or a solo traveler heading to Japan—Multimoney’s Forex Cards can make your experience smoother.