Planning to study overseas? The Axis Bank Forex Card for students is the best for hassle-free financial management during your international journey. With the ability to load up to 16 currencies and lock in exchange rates, this card isn’t just a payment tool—it’s your financial companion abroad.
You can avoid hefty transaction fees and ensure peace of mind with 24/7 emergency assistance. The Axis bank forex card is tailored to meet every student’s needs. Let’s explore the features, benefits, charges and more details on Axis bank forex card for students who are studying overseas.
Table of contents
- What is Axis Bank Forex Card?
- Types of Axis Bank Forex Cards
- Benefits of Axis Bank Forex Card for Students
- Axis Bank Forex Card Lounge Access
- Eligibility Criteria for Axis Bank Forex Card
- Axis Bank Multi-Currency Forex Card Charges
- Documents Required for Axis Bank Forex Card
- How to Apply for Axis Bank Forex Card?
- Axis Bank Forex Card Login
- FAQs on Axis Bank Forex Card
What is Axis Bank Forex Card?
The Axis Bank Forex Card for Students is a specially designed prepaid card that simplifies financial transactions for Indian students studying abroad. In addition to Axis Bank education loan, this Forex card ensures seamless money management with multiple benefits tailored for international students.
Here are some key features of Axis Bank Forex Card:
- Multi-Currency Support: You can load up to 16 different currencies onto a single card.
- Locked-In Exchange Rates: The card offers locked-in exchange rates, which helps students avoid fluctuations in currency values,
- Easy Reload Options: Students can easily reload their Forex Card online or offline.
- Global Acceptance: The card is widely accepted internationally.
- Exclusive Benefits: The Axis Bank Forex Card includes features like cashback on foreign transactions, discounts on various merchants, and insurance coverage for emergencies
Types of Axis Bank Forex Cards
Axis Bank offers a range of Forex cards, ensuring secure, hassle-free transactions while studying abroad. These prepaid travel cards provide convenience, competitive exchange rates, and exclusive benefits tailored for international students. Here are the top Axis bank forex cards for students:
Axis Bank Multi-Currency Forex Card
The Axis Bank Multi-Currency Forex Card can be loaded in up to 16 widely used currencies in one card. You can easily make payments at the rate you loaded your card. The card offers lower exchange rates for Southeast Asian countries. Check out some of the features and benefits of this Axis Bank Forex card-
- You get locked-in exchange rates at the time of card issuance.
- The card is available for home delivery/same-day branch pickup.
- You get a free ISIC Card– International Student Identity Card.
- You can enjoy hassle-free booking for dining, sightseeing, tours, etc.
Axis Bank Club Vistara Forex Card
The Axis Bank Club Vistara Forex card is a co-branded prepaid card designed for students and travellers who frequently fly with Air Vistara. This card offers several benefits that enhance the travel experience while also allowing users to earn rewards. Check out the features and advantages of this Axis Bank Forex card-
- You can earn 3 Club Vistara (CV) Points for every USD 5 spent (or its equivalent) on the card.
- You receive a welcome benefit of 500 CV Points when loading the card for the first time.
- There is no annual fee for maintaining the card, although an initial issuance fee of INR 500 (plus GST) applies.
- The card can be loaded with up to 16 different currencies.
- You can transact in local currencies without incurring forex mark-up fees on transactions made in the loaded currency.
- You can receive a cashback of up to INR 1,000 on VI international roaming packs each time they reload their card.
Axis Bank World Traveller Forex Card
The Axis Bank World Traveller Forex Card is also a co-branded prepaid card designed for international students and travellers who frequently fly with Lufthansa. You can load up to 16 currencies on this Axis Bank Forex card and enjoy zero cross-currency charges. Additionally, you get complimentary insurance coverage and emergency assistance with this card.
- You can earn 5 award miles for every USD 5 spent on the card, which can be accumulated and redeemed.
- The card includes access to TripAssist, offering 24/7 global assistance for emergencies such as lost cards or passports, and emergency cash delivery.
- A welcome benefit of 1,000 miles is credited to the user’s Miles & More account upon loading the card for the first time.
Axis Bank Burgundany Multi-currency Forex Card
The Axis Bank Burgundy Multi-Currency Forex Card is a premium prepaid Forex card designed to cater to the needs of frequent travellers, particularly those who maintain a Burgundy account with Axis Bank. This Axis Bank Forex card offers various features and benefits that enhance the travel experience.
- You can load up to 16 widely used currencies, including USD, Euro, Pound, and Dirham.
- You receive 6 global ATM transaction fee waivers per year.
- Card issuance, reload, and encashment fees are waived for Burgundy account holders,
- The card provides cashback of up to INR 1,000 on select international roaming packs from Vodafone India.
- The card includes complimentary insurance coverage against fraudulent usage in case of loss or theft.
Also Read: Check here all the details and fees for Yes Bank International Money Transfer.
Benefits of Axis Bank Forex Card for Students
The Axis Bank Forex Card is a smart financial solution and offer a range of benefits. These cards combine convenience, security, and cost-effectiveness, making them an excellent financial tool for students looking to manage their money efficiently while abroad. Here are the key advantages-
- Multi-Currency Support: The Axis Bank Forex Card allows users to load up to 16 different currencies on a single card. This eliminates the need for multiple currency cards and enables seamless transactions across various countries.
- Locked-In Exchange Rates: Users benefit from locked-in exchange rates at the time of loading funds, protecting them from fluctuations in currency values during their travels. This feature ensures that the amount loaded remains stable, allowing for better budgeting.
- Cost-Effective Transactions: Compared to international debit or credit cards, the Axis Bank Forex Card offers:
- Lower transaction fees
- Competitive exchange rates
- Savings on currency conversion costs
- Enhanced Security: With a chip-and-PIN mechanism, this Axis Bank Forex card offer greater security than carrying cash. In case of loss or theft, the card can be easily blocked or replaced, safeguarding the user’s funds.
- Easy Reloading Options: Users can reload their Forex Card online through Axis Bank’s digital platforms, ensuring they have access to funds whenever necessary.
- Emergency Assistance: Axis Bank provides 24/7 support through its TripAssist service, offering help in case the card is lost or if users encounter any issues while travelling.
- Additional Perks: Priority and Burgundy customers can enjoy a waiver of the issuance fee (INR 300), further enhancing the cost-effectiveness of using the Forex Card.
- Budget Management: The ability to pre-load funds helps users manage their travel budgets effectively, allowing them to plan their expenses without the stress of fluctuating exchange rates or unexpected fees.
- Convenience and Accessibility: The Axis Bank forex card is widely accepted at ATMs, hotels, restaurants, and shops globally, making it easy for users to access their funds in local currencies without hassle.
Axis Bank Forex Card Lounge Access
The Axis Bank Forex Card do not offer international lounge access. Students and travellers looking for such benefits may consider traveller other best Forex cards with international lounge access like the SBI Card Elite or ICICI Sapphiro Forex Prepaid Card, which do offer lounge access options.
However, if you particularly want to choose Axis Bank cards only, the best option would be to choose the Axis Bank Credit Cards with International Lounge Access. These are-
- Axis Bank Select Credit Card
- Axis Bank Reserve Credit Card
- Axis Bank Magnus Credit Card
- Axis Bank Burgundy Private Credit Card
- Axis Bank Miles & More Credit Cards
- Axis Bank Miles & More Select Credit Cards
Eligibility Criteria for Axis Bank Forex Card
To be eligible for an Axis Bank Forex Card, you need to meet certain eligibility criteria, which are as follows:
- You must be an Indian resident or a non-resident Indian (NRI).
- Your minimum age should be 18+ Years
- You must have a valid passport and visa holder
- You must have a confirmed ticket for travel within 60 days from the date of application (applicable for NRIs)
Axis Bank Multi-Currency Forex Card Charges
Axis Bank levies specific charges on its Multi-Currency Forex Card, depending on the type of transaction. Below are the key fees applicable to the Axis Bank Forex Card:
- Issuance fee: You have to pay this fee when you apply for this Forex card. Its fee usually ranges from INR 300 + GST. However, if you are a priority customer of Axis Bank then the issuance fee of INR 300 will be waived.
- Reload fee: This is the fee that you have to pay when you reload your Forex card with more currency and the fee ranges between INR 100 + GST.
- ATM withdrawal fee: This charge will be applied when you withdraw cash from an ATM using your Axis Forex card. It can range from INR 0 to INR 200.
- Cross-currency charge: Lastly, this fee is only applicable when you pay for a currency that is not loaded on your Forex card. It ranges from 0% to 3.50% depending on the type of card and currency.
- Cash Advance Transaction Fee: Cash advances are transactions where a Forex card is used at branches across International Banks for doing face-to-face cash disbursements. A fee of 0.50% of the transaction amount or USD 75 or equivalent whichever is lower (inclusive of GST) is charged for such transactions.
Check out the table for a detailed list of charges on cash withdrawal, balance enquiry, and replacement card fees (international) applicable for different currencies.
| Currency | Cash Withdrawal | Balance Inquiry | Replacement Card Fee |
|---|---|---|---|
| USD ($) | 2.25 | 0.5 | 15 |
| EUR (€) | 1.69 | 0.5 | 15 |
| GBP (£) | 1.41 | 0.5 | 10 |
| AUD | 2.81 | 0.65 | 20 |
| CAD | 2.81 | 0.65 | 20 |
| CHF | 2.81 | 0.7 | 15 |
| JPY | 281.25 | 65 | 2000 |
| SGD | 3.66 | 0.95 | 24 |
| SEK | 16.88 | 3.5 | 150 |
| AED | 8.16 | 1.75 | 60 |
| SAR | 8.16 | 1.75 | 60 |
| THB | 90.00 | 25 | 550 |
| NZD | 3.66 | 1.00 | 24 |
| HKD | 16.88 | 4.00 | 120 |
| ZAR | 28.13 | 6.00 | 220 |
| DKK | 15.75 | 4.00 | 100 |
There are no charges for PIN changes, balance enquiry, and card replacement fees for domestic cards. However, the international card replacement fee is applicable.
Documents Required for Axis Bank Forex Card
When applying for an Axis Bank Forex Card, you need to submit the following necessary documents during the application process:
- Valid Passport – Proof of identity and nationality
- Visa – Required for international travel
- Confirmed Ticket Copy (Applicable for NRIs) – Proof of travel plans
- PAN Card or Form 60 – For tax compliance
- Passport-Size Photographs – As per bank requirements
- Birth Certificate – Proof of age and identity
- Aadhaar Card – Address and identity verification
Also Read: Want to send money abroad? Check here all about OTP Bank International Money Transfer
How to Apply for Axis Bank Forex Card?
Applying for an Axis Bank Forex Card is a simple and hassle-free process. Whether you choose to apply online or visit a branch, this step-by-step guide will help you get started.
- Online Procedure: You can visit the Axis Bank website and click on ‘Forex Card’ under ‘Retail Forex’. Then, choose the type of Forex card that suits your needs and click on ‘Apply Now’. You will have to fill in your details, travel details, and currency details and upload the above documents. You will also have to pay the issuance fee online. Once your application is verified, your Forex card will be delivered to your address within 6 business days.
- Offline Procedure: You can visit any Axis Bank branch or partner agent after the process is almost the same as the online procedure, the difference is here you will have a physical person present to assist you.
Axis Bank Forex Card Login
Managing Axis Bank Forex Card for students is simple and hassle-free. Whether you’re studying abroad or traveling internationally, you can access your Forex card account through multiple platforms, including the Axis Prepaid Card Portal, Internet Banking, and the Axis Mobile App. Here’s how you can easily log in and manage your card.
1. Axis Prepaid Card Portal
- Visit the Axis Prepaid Card Portal.
- Enter your 16-digit Forex card number and your Web PIN to access your account.
2. Internet Banking: If you have registered for Axis Bank Internet Banking, you can do axis forex card login using the following steps:
- Go to the Axis Bank Internet Banking page.
- Enter your Customer ID or Login ID and your Password.
- If you are a new user, you will need to register first by following the prompts on the website. Ensure you have your customer ID and registered mobile number ready for registration.
3. Axis Mobile App
- Download the Axis Mobile App from the Google Play Store or Apple App Store.
- Log in using your registered mobile number and set up your mobile PIN for future access.
- Navigate to the Forex Card section to view details about your card, check balances, and manage transactions.
Additional Information
- If you forget your password, you can reset it through the login page by clicking on “Forgot Password?”.
- For any issues during login, you can contact Axis Bank’s customer service at +91 40 6717 4100 for assistance.
This was all about Axis Bank Forex card for students. Always check different types of charges implemented by the bank on card uses and compare among different categories of the card. This will help you to find the best-suited card for you.
To know about education loans, the best bank accounts for students, and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.
FAQs on Axis Bank Forex Card
Axis Bank offers various Forex Cards suitable to the requirements of international students. These are the Multi-Currency Forex Card, World Traveller Forex Card, Forex Card for Students, Vistara Card, and Diners Card.
The Axis Bank Forex Card provides numerous advantages, such as:
– Competitive exchange rates for cost-effective transactions.
– Easy online reloading, ensuring seamless fund management.
– Global acceptance, making payments and ATM withdrawals hassle-free.
– Protection against forex fluctuations, offering financial stability while studying abroad.
Students can apply for the Axis Bank Forex Card either online or by visiting an Axis Bank branch:
– Online Application: Visit the Axis Bank website, navigate to the ‘Forex Card’ section under ‘Retail Forex,’ and complete the application form.
– Offline Application: Visit the nearest Axis Bank branch with the required documents, including a valid passport, visa, and proof of admission.
Charges associated with the Axis Bank Forex Card for students are:
– Card issuance fee: INR 300
– Reload fee: INR 100 – INR 200
– ATM withdrawal fee: Varies by location
– Cross-currency charge: 0% – 3.50% (depending on the currency and card type)
To be eligible for an Axis Bank Forex Card, you must be an Indian resident or a non-resident Indian (NRI) aged 18 years or above. You need to possess a valid passport and visa, along with a confirmed travel ticket within 60 days from the date of application (applicable for NRIs).
The Axis Bank Forex Card do not offer complimentary access to airport lounges. However, certain premium cards like Axis Bank Burgundy Private Credit Card and Axis Bank Miles & More Credit Cards may provide this benefit.
The Axis Bank Forex Card supports loading up to 16 currencies, including USD, EUR, GBP, AUD, CAD, JPY, CHF, AED, SGD, and more, allowing users to transact conveniently in multiple countries without needing separate cards for each currency.
To access your Axis Bank Forex Card online, follow these steps:
– Go to the Axis Prepaid Card Portal.
– Enter your 16-digit Forex card number as your User ID and your Web PIN.
– After entering the details, click on the login button to view your transaction history, manage settings, and check your balance.
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