When travelling abroad, getting the best exchange rates and avoiding hidden charges can make a significant difference in your budget. Yes Bank Forex card rates offer competitive exchange rates and multiple currency options, making it a preferred choice for international travellers.
If you’re considering getting a Yes Bank Forex Card, understanding the applicable exchange rates, markup fees, and other charges is crucial. This guide will help you make an informed decision and maximize your savings while using the card overseas.
Table of contents
What is a Yes Bank Forex Card?
A Yes Bank Forex Card is a prepaid travel card that allows users to load multiple foreign currencies and make transactions abroad without worrying about fluctuating exchange rates. It eliminates the need to carry cash and offers better conversion rates than credit or debit cards.
Some of the key benefits of Yes Bank Forex Card are-
- Competitive exchange rates with minimal currency conversion fees.
- Multi-currency support, enabling transactions in various foreign currencies.
- Zero cross-currency charges for same-currency transactions.
- Security features like chip-and-PIN protection.
- Emergency card replacement in case of loss or theft.
Yes Bank Forex Card Exchange Rates
Yes Bank provides real-time forex rates based on market fluctuations. The exchange rate applicable to your card varies depending on the currency and the time of the transaction.
Check out the table below to explore the Yes Bank Forex Card rates applicable as of 25 February 2025. Here’s a table including the buying and selling rates of the Travel Card:
| Currency | Conversion From/ To | Buy Rate (Travel Card) | Sell Rate (Travel Card) |
| UAE Dirham (AED) | AED/INR | 21.98 | 25.32 |
| Australian Dollar (AUD) | AUD/INR | 53.35 | 57.03 |
| Canadian Dollar (CAD) | CAD/INR | 58.93 | 62.99 |
| Swiss Franc (CHF) | CHF/INR | 93.56 | 100.09 |
| Chinese Yuan (CNH) | CNH/INR | 11.01 | 12.93 |
| Euro (EUR) | EUR/INR | 87.93 | 94.04 |
| British Pound (GBP) | GBP/INR | 106.06 | 113.45 |
| Hong Kong Dollar (HKD) | HKD/INR | 10.4 | 11.95 |
| Japanese Yen (JPY) | JPY/INR | 0.5608 | 0.5997 |
| Norwegian Krone (NOK) | NOK/INR | 6.81 | 8.83 |
| New Zealand Dollar (NZD) | NZD/INR | 48.15 | 51.5 |
| Qatari Riyal (QAR) | QAR/INR | 21.86 | 25.81 |
| Saudi Riyal (SAR) | SAR/INR | 21.3 | 25.03 |
| Singapore Dollar (SGD) | SGD/INR | 62.57 | 67.25 |
| Thailand Baht (THB) | THB/INR | 2.39 | 2.78 |
| US Dollar (USD) | USD/INR | 84.4 | 89.34 |
| South African Rand (ZAR) | ZAR/INR | 4.36 | 5.1 |
How to Check the Latest Yes Bank Forex Card Rates?
To ensure you get the most up-to-date exchange rates for your Yes Bank Forex Card, you can check them through the following methods:
Yes Bank’s official website (Forex section)
Visit the bank’s Forex page to view real-time exchange rates and transaction charges.
Yes Bank mobile banking app
Log in to the app to check real-time exchange rates and manage your Forex card transactions conveniently.
Branch visit or customer service helpline.
Visit a branch or call customer service for personalized assistance on forex rates and transactions.
Factors Affecting Yes Bank Forex Card Rates
The exchange rate on your Yes Bank Forex Card is influenced by several key factors. Understanding these can help you manage your forex expenses effectively and plan your transactions wisely.
Real-time market fluctuations
Forex rates change based on global currency market trends and demand-supply dynamics.
Card issuance charges
The type of Forex card you choose may have different issuance fees, impacting overall costs.
Markup fees for currency conversion
A small percentage (typically 2-3%) is added when converting currencies. However, this can be avoided by using some of the best zero Forex mark-up credit cards.
Load and reload charges
Fees may apply each time you load or reload your Forex card with a foreign currency.
Also Read: Check out the best Forex cards with international lounge access. Save on forex fees, enjoy premium airport lounge privileges, and travel smart in 2025.
Yes Bank Forex Card Fees & Charges
Before opting for the Yes Bank Forex Card, it’s essential to understand the various fees that may apply. These costs can impact your overall travel budget, so being informed helps in avoiding unexpected expenses and maximizing the value of your Forex card.
Below is a breakdown of common charges applicable to Yes Bank Forex Card.
| Fee Type | Charges (Approx.) |
| Card Issuance Fee | INR 125 |
| Reload Fee | INR 100 |
| Refund Fee | INR 75 |
| Balance Inquiry Fee | USD 0.50 – USD 1.00 per inquiry |
| Cross-currency Markup | 2.5% of the transaction value |
| Cash Advance/ Cash@POS fee/ Cash Disbursement Fee | 2% of the transaction value |
| Card Replacement Fee | INR 200 – 500 |
These charges may vary, so it’s best to confirm the latest details on the Yes Bank website or by contacting customer support.
Tips to Get the Best Yes Bank Forex Card Rates
To make the most of your Yes Bank Forex Card, it is essential to plan your transactions strategically. By keeping an eye on forex rates and minimizing unnecessary fees, you can ensure cost-effective usage while travelling abroad. Here are some practical tips to get the best value from your forex card:
- Monitor exchange rates and load your card when the rates are favourable to get more value for your money.
- Use same-currency transactions to avoid cross-currency markup fees and unnecessary conversion losses.
- Withdraw cash in bulk rather than making frequent small withdrawals, as ATM fees can add up over multiple transactions.
- Reload the card online for added convenience, and look out for special offers or discounts that may be available for online reloading.
Yes Bank Forex Card ATM Cash Withdrawal Limits
You can withdraw cash from Yes Bank Forex Card only within the limits. Exceeding these limits will incur additional fees. Check out the Yes Bank Forex card cash withdrawal limits below-
| Currency | ATM Daily Cash Withdrawal Limit |
| United States Dollar (USD) | 1,000 |
| Pound Sterling (GBP) | 750 |
| Euro (EUR) | 850 |
| Canadian Dollar (CAD) | 1,250 |
| Australian Dollar (AUD) | 1,250 |
| Singapore Dollar (SGD) | 1,500 |
| Arab Emirates Dirham (AED) | 3,500 |
| Swiss Franc (CHF) | 1,000 |
| Japanese Yen (JPY) | 125,000 |
| Swedish Krone (SEK) | 9,000 |
| South African Rand (ZAR) | 12,500 |
| Saudi Riyal (SAR) | 3,500 |
| Thai Baht (THB) | 32,500 |
| New Zealand Dollar (NZD) | 1,500 |
| Hong Kong Dollar (HKD) | 7,500 |
Also Read: Check some of the best Forex cards for students planning to study abroad. Know some major bank-issued forex cards and those issued by online service providers.
How to Apply for Yes Bank Forex Card?
Applying for a Yes Bank Forex Card is a straightforward process designed to provide travellers with a hassle-free way to manage their foreign exchange needs. Here’s a step-by-step guide:
- Visit the nearest Yes Bank branch or apply online.
- Provide KYC documents (passport, visa, PAN card, and address proof).
- Select the desired Forex card variant based on your travel needs.
- Load funds in preferred foreign currencies at competitive exchange rates.
- Receive the card and set your PIN before using it abroad.
To sum up, the Yes Bank Forex Card is a great financial tool for international travellers, offering competitive exchange rates, multi-currency support, and security features. However, being aware of the applicable Yes Bank Forex Card Rates and fees can help you avoid unnecessary charges and make the most of your money abroad.
Before you travel, always check the latest Forex rates and ensure your card is loaded with the required currency at the best possible rates. Check out the FAQs below for more details.
FAQs
Yes Bank provides real-time forex rates based on market fluctuations. The exchange rate applicable to your card varies depending on the currency and the time of the transaction.
You can check the latest Yes Bank Forex Card rates on the bank’s official website, mobile banking app, or by visiting a branch.
Yes, the rates fluctuate based on real-time currency exchange movements in the global forex market.
To get the best rates, monitor forex trends and load your card when the exchange rate is favourable.
Yes, forex cards usually offer better exchange rates with lower markup fees compared to credit or debit cards.
Markup fees, ATM withdrawal fees, reload charges, and cross-currency fees can impact the overall cost.
Yes, you can load your Forex card in advance to secure a favourable exchange rate and avoid future fluctuations.
Once the card is loaded, the exchange rate remains fixed for that amount, protecting you from future currency fluctuations.
Yes, a markup fee of around 2-3% applies if you use a currency that is not preloaded on your card.
Forex rates are updated multiple times a day based on real-time market conditions.
Yes, use same-currency transactions, avoid unnecessary cash withdrawals, and reload your card online to minimize extra costs.
To learn more about education loans, the best bank accounts for students, forex, banking experience for global students, or international money transfers, reach out to our experts at 1800572126 to help ease your experience with studying abroad.
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