zero forex markup cards, provide currency at the exact inter-bank exchange rate without adding any markup fees on top of the base exchange rate. Forex cards are available in different variants based on the requirements of the travellers. The main types of forex cards are: A single-currency forex card is loaded with only one foreign currency and is suitable when you plan to visit just one destination country.
If you try to use this card to transact in any other currency, you will incur heavy conversion fees, markups and other charges. A multi-currency card allows you to preload multiple global currencies on the same card. This is the most beneficial pick for frequent and globetrotting travellers who hop across countries and continents.
It avoids the headache of carrying and exchanging multiple foreign currencies. Specialised student forex cards are designed for young adults travelling abroad for higher education needs. Besides functioning as prepaid travel cards, they also double up as international student ID cards that offer exclusive discounts and benefits across services like transport, accommodation, eating out and more.
Student cards can help manage living expenses wisely. Getting and using a Forex card involves 3 simple steps: Now that you know what forex cards are and how they work, let's look at 3 major ways they score over debit cards, credit cards, traveller's checks, and cash when you visit multiple countries: With a single Forex card loaded with multiple currency wallets, you can easily withdraw or make payments in any of those currencies without carrying cash around or finding places to exchange one currency for another. So whether it's Singapore dollars in Singapore, euros in France, or pounds in Britain,
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