HDFC Forex Card for Students: Charges, Application Form, Balance Check, Benefits

HDFC Forex Card

It’s crucial to bring some local cash with you when you travel abroad. Calculating the exchange rate and how much of your own money you must give up in order to purchase foreign currency used to be a hassle. Additionally, carrying large amounts of cash was never a good idea. Using a Forex Card is among the finest ways for students to monitor their spending while travelling with money. A student travel card, such as the widely used ISIC card, is another useful tool.  To pay for your expenses in the local currency while traveling overseas, you can use a Forex card similar to a credit or debit card. You can use an ATM to get local currency. You can avoid carrying large amounts of cash on your sightseeing excursions in a foreign nation by keeping a Forex card in your wallet. Read this article to know more about HDFC Forex Card.

About Forex Card for Students.

A student forex card, often known as a foreign exchange or forex card, allows students to pay for their costs without worrying about money or currencies. If you are a student who is considering studying abroad, this card is perfect for you. You can focus on your study and exercise financial restraint if you don’t have to worry about not having enough money for necessities like food, lodging, and travel. In actuality, students can travel more affordably thanks to this currency card.

Highlights of the HDFC Bank ISIC Student ForexPlus Card

The HDFC Bank Student ForexPlus Card’s primary benefits are best summarised as follows

  • The three Prominent currencies—GBP, Euro, and USD—are all supported.
  • It enables quick money reloading onto the card.
  • All across the world, it is recognized as a student identification card.
  • It enables you to make cash withdrawals in the preferred local currency.

Features of HDFC Forex Card

There are several features of the HDFC Forex Card here are listed below: 

Dual Card: An ID card and a Forex card

  • An ISIC Identity Card, which is free and widely recognized.
  • The HDFC Bank ISIC Student Forex card is an internationally acknowledged student identity card in addition to being a currency card.
  • Since 1968, the United Nations Educational, Scientific, and Cultural Organisation (UNESCO) has supported the ISIC card.
  • Universities, academic institutions, student unions, national governments, financial institutions, and education ministries all over the world accept the card.

Special discounts on the ISIC Student ID card:

  • Holders of ISIC cards get preferred and subsidized access to more than 150 000 goods, services, and activities in more than 130 nations that are pertinent to all facets of student life.
  • Holders of ISIC cards have access to a wide range of offerings, including discounts on educational programs, software licenses, digital communications, public transportation, magazine subscriptions, music streaming, cafés and restaurants, music festivals, amusement parks, athletic events, and more!

In Three Different Currencies:

  • Forex card with only one currency.
  • In US dollars, euros, and pounds.
  • Accepted for online purchases as well as at any VISA/MasterCard-connected businesses/locations worldwide.

Travel without fear and safely:

  • One of the safest ways to carry money when going overseas is with currency cards.
  • Utilise Prepaid Card NetBanking to quickly and easily block your card in the event that it is misplaced.
  • During the card application process, you can also use the backup card option.

Multiple options for reloading

  • Reload your card in 3 easy steps, from anywhere in the globe, with Quick Reload.
  • You only need to know your card number; no passwords are required.
  • Bank HDFC Payday card Netbanking
  • Bank HDFC NetBanking
  • Phone Banking at HDFC Bank
  • HDFC Bank Locations

Advantages of Forex card

The HDFC Bank Student ForexPlus Card’s primary characteristics and advantages are as follows:

  • Forex Advantages
  • Reloading Advantages
  • Worldwide Acceptance
  • Benefits from Insurance Exclusive Benefits
  • Availability of money

Fee for HDFC Forex Card

The following is a list of the fees and charges that apply to the HDFC Bank  Student ForexPlus Card:

Fee/ Charges USD card Charges 
Issuance ChargesINR 300
Reload ChargesINR  75
Re-issue Charges for cardINR 100 
Re-issue  Charges for ATM PIN$1.00
ATM Cash Withdrawal$2.00
Balance Enquiry$0.50
Charge slip retrieval$3.00
Cross currency chargesIn the case of different currencies – 3%
Currency conversion service tax0.18% of the gross value, up to Rs. 1 lakh, or Rs. 45 (whichever is higher),1 lakh to 10 lakh rupees: 180 rupees plus 0.09% of the amount above 1 lakh rupees. Over Rs. 10 lacks: Rs. 990 plus 0.018% of the amount over Rs. 10 lacks

Eligibility for HDFC Forex Card

The HDFC Bank Student ForexPlus Card does not have any set requirements for eligibility. 

  • Anyone, including those who are not HDFC Bank customers, may apply for the card.
  • When applying for the HDFC Bank  Student ForexPlus Card, you will need to present your Visa or tickets if you do not already have an account with the bank.

How to Apply for HDFC Forex Card

To apply for an HDFC Bank Student ForexPlus Card, follow the instructions below:

  • Go to www.hdfcbank.com to access HDFC Bank’s official website.
  • To find the application area, go to the HDFC Bank Student ForexPlus Card page and scroll down the page.
  • The ‘Apply Now’ button should be clicked. It will take you to a different website.
  • Scroll to the HDFC Bank Student ForexPlus Card on the new page and click the “Apply Now” button.
  • Enter the necessary information under the ‘Card Details’ option on the following web page.
  • Enter your Customer ID and select “Continue” if you have an HDFC Bank savings account.
  • Enter your cell phone number and press “Continue” if you do not already have an HDFC Bank Savings Account.
  • To apply for your HDFC Bank Student ForexPlus Card, fill out the payment information and traveller details on the following page.

Documents Required 

The following is a list of the documents needed to apply for the HDFC Bank Student ForexPlus Card:

  • Appointment letter, admittance letter, or applicant’s student ID card.
  • Properly completed application for an ISIC Student ForexPlus Card from HDFC Bank.
  • Passport photocopy for the applicant.
  • Photocopy of the applicant’s tickets or visa.
  • Photos of the applicant the size of a passport with a white backdrop.

FAQs 

Q.1. Are student Forex cards useful?

Ans: A student forex card is a foreign exchange or forex card that enables students to cover their expenses without being concerned about money or currency concerns. This card is ideal for you if you are a student thinking of studying abroad.

Q.2. What drawbacks are there to using a Forex card?

Ans: Drawbacks of the Forex Card:

-Depending on your card, you might also have to pay activation fees, foreign ATM usage fees, inactivity fees, money redemption fees, etc.
-Card payments might not even be accepted everywhere.

Q.3. Is an HDFC Forex card good for students?

Ans: An ISIC Identity Card, which is free and widely recognized. The HDFC Bank ISIC Student Forex card is an internationally acknowledged student identity card in addition to being a currency card. Since 1968, the United Nations Educational, Scientific, and Cultural Organisation (UNESCO) has supported the ISIC card.

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