HDFC Multicurrency Forex Card Review: Everything You Need to Know
ฝัง
- เผยแพร่เมื่อ 20 ต.ค. 2024
- HDFC Multicurrency Forex Card is a prepaid travel card that allows you to load multiple currencies and use it to make purchases and withdraw cash at ATMs worldwide. In this video, I will provide a comprehensive review of the HDFC Multicurrency Forex Card, including its features, benefits, drawbacks, and how to apply for the card.
#HDFCForexCard #HDFCMultiCurrencyForexCard #BestForexCard #StudentsForexCard #HDFCbank #Forex #card
• Top 4 Forex Cards with...
Topic Covered:
Best Forex Card For Students
HDFC Forex Card
HDFC Multicurrency Forex Card
Best Forex Card for Canada from India
Best Forex Card for UK from India
Best Forex Card for International Students
Forex Card For Dubai
Best International Forex Card
Forex Card for USA from India
Hi,
I have couple of questions.
Most of the cards say zero cross currency markup. But, what about the conversion charges while making cross currency transaction?
Also, which card gives better exchange rate. I looking for a card to use in Norway
I think Niyo DCB/Equiats bank debit cards are the best because they offer zero forex markup fees. You can check it out for more details.
Hi, I need your advise on the below scenario.
I already have this card setup for CAD while I was travelling to Canada a year back.
Now since I am planning to make a trip to the UK, can I add a new currency ( GBP ) in the card and reload it ? Or reload the usual CAD and loose extra 2-3 % markup fees when spending in the UK.
Yes, if you pay through CAD in the UK, you pay 3.5% cross-currency fees.
Yes, you can load GBP.
I am moving to US for my studies, which forex card do you suggest to use as a student? Is HDFC multicurrency forex card dependable enough?
Yes, HDFC multicurrency is good. also, take a zero forex markup fee card (Niyo DCB) for regular use.
I Think You Have Strong Portfolio.
Bhai muje louis vittion ka bag lena he wo 4 lakh ka he tho isme hojayega kya😢
Aur 4 lakh ek sath transfer karsakthe amara dedit card se is card ko ya kitna add larsakthe he is card ek din me
Aur 5 lakh eksath transaction hojayega na koi limit he iska? Plz bataoo ya muje indian card usekarna padega kya 5 lakh transaction keliye
Ye bhi bataoo mere pass millenia debit card he uska limit 5. Lakh he tho me 5 lakh ka bag lena he ek sath 5 lakh ka transaction hojayega na 😢 plz reply karo
Waise to online 4-5 lakh ke transaction ho jayege. pr mai apko suggest kruga aap bank ke customer care se baat kr lo wo sahi info de sakte hai
Very detailed video....I am going to Japan and I'm loading this card with Japanese Yen. When I withdraw money from Japanese ATMs, will it charge for every single withdrawal that I make?
Yes
Thanks Shubham, quite a helpful video.
My pleasure
Hello, thanks for the video. Are there any restrictions for loading the card online while abroad? I have read that its allowed only once for non hdfc customers.
I am not sure about You can call the customer, and they will let you know.
Bro i want to send money (1 lakh ) only one time India to Australia which method can i use ?
Another question If i want buy something online from China which method or card is best for shopping online Thanks‼️
It depends if you are NRI ? Transfer is self to self or Parents/relative to NRI.
Based on this you will fall under two categories LRS and Million Doller scheme.
After you have figured out where you fall.
Next is how to transfer out...
Easiest is via ICICI bank no hassle (u might need additional documentation)
You can use Thomas cook as well but rates are shitty.
ICICI bank ull pay around 1000Rs fees + Conversation rate + 20 ish AUD .
For around 12 lacs.
Gov. does not want you to take money out!
1. To transfer money from India to Australia, use Western Union.
2. Use PayPal for international transactions. In case you cheated with the merchant, maybe PayPal will refund your money.
I have a doubt. I use hdfc credit as well as debit which works internationally. Whats the need to use forex card of hdfc? Does it not charge anything extra? Also, can i once buy this forex card and have it forever ?
Normal debit/credit cards charge a 2% to 3.5% forex fee. I am not suggesting that you go with any Forex cards right now. because now many credit cards come with zero forex markup fees, like the Scapia credit card, Niyo Global credit card, and the IDFC WOW credit card. You should take anyone of these if you are required.
@@bankexpert thank you !!
Tnx so much is it good if i apply online for forex card of hdfc or should i go to bank for first time use pls ?
Am planning to travel abroad next week pls reply soon tnx ☺️
Yes, you have to visit HDFC Bank. You can't apply online.
I’m visiting Hong Kong soon and I have hdfc cc already, is ICICI prepaid forex better or hdfc one?
ICICI prepaid and HDFC multi-currency are both good forex cards. Choose any one.
Hello, great videos ❤…
I am planning to visit dubai, bt ab niyo global tou nahi chal raha.. please suggest konsa better card rahega for regural transactions there
Aap Niyo ka credit card lay sakte hai ya scapia credit card, IDFC First wow credit card
@@bankexpert Sir, ye tou apki video dhek k clear ho gaya hai.. Can you suggest 1 best card out of there 4
Agar India se Online transaction karna hai kuch cheez purchase karne ke liye, Payment hoga USD, EUR, GBP Currency me to konsa Card best hoga??? Lowest fees and Lowest Charge
Niyo ke cards lay sakte hai
Sir, I’ll be travelling to Bali next month. Should I opt for regalia or multi currency card?
Go with a Regalia ForexPlus card.
Hello, does HDFC Multicurrency Forex Card have any charges for transaction done using the card at shops and restaurents in the UK(not atm cash withdrawal)?
no
hello bhai great video, i have one que .... iam travelling to thailand next month, I have Niyo X debit card (0 markup works internatnional by Eqitas small bank), Ragalia credit card ?? should i get this forex card ??
Not necessary, but as a backup card, I recommend you.
For online transaction using the hdfc card will there be any charges like gst and markup ?
No
Hello I had a doubt, what is the limit of online transaction? as I want to pay my fees for university(say 20 Lakhs). Is this card suitable for this purpose? If not, please suggest the card which I can use.
When you spend 7 lakh above abroad, you have to pay TCS 20%. I suggest you pay university fees directly to the university bank account.
Im going USA for work and wish to send money from USD to INR. So whivh card will be the best? And is USD to INR also consider as cross currency?
I don't have any idea about that USA to INR money transfer.
I'm travelling to Thailand later this year and we have to load currency in USD, right? Do I need to pay any fees for swiping/online payment in Thai Baht?
No, bro, you load the currency from INR to Thai Baht, not the USD. There are no additional charges for swiping/online payment.
Do hdfc bank charge any extra charges when converting from INR to other currencies ?
P.s- travelling to netherlands. Do this work there ?
Yes, it will charge roughly 2-3 rupees extra (Per dollar or other currency).
It is not working in the Netherlands.
It works in the Netherlands i have used it there. It is not 22 countries it is 22 currencies, and can be used anywhere in the world.
Following is a scenario. Suppose someone wants to visit Vietnam and wants Vietnam Dong (VND), which is not allowed on the forex card (as I have seen most forex cards dont allow VND). The traveller then loads USD (say @80 INR per USD rate, and loses 2-3% for USD loading) and then again in Vietnam when this card is used to pay in VND in POS or withdrawing from any ATM a cross currency charge of 2%+GST is levied (USD converts to VND) .. so in total INR to VND conversion takes 5%+ as transaction charges. If this is correct, then why not simply use the Indian Bank's Debit card/ credit card which charges 5-6% as transaction charges .. (this is ignoring local Vietnam bank charges, forex card loading/issuance/refund etc. charges)
Please explain the above situation how is a forex card beneficial as compared to a debit/ credit card ?
Yes, you are right. In that case, using Indian cards is best. but you can try a few credit cards: Scapia and Niyo Credit Card zero forex chargers (onecard forex charge 1% + GST).
You can use HDFC Regalia card which comes with Zero mark up charges..
Hi, i have taken an education loan of 20 lakhs, thye haved asked to send it to forex card. Forex card is better. Or transferring to my icici account is better and then from international transfer I can send it to my foreign bank account?
You can transfer the money to your bank account and then to a foreign bank account. Before transferring the money, please compare the charges between a Forex card and a foreign bank account.
Is taking a forex card better than using the hdfc credit card because they charge us with higher amount while loading the money right ? So what difference does it make sir .
The credit card charged 3-3.5% forex fees plus taxes. but the forex card charge maybe 1-1.5% max.
Credit card can also be used for emergency situations, just make sure to turn on international transactions
Right
Which card is best if we compare hdfc muticuurency forex card or book my forex card and which is good to use UK
Both are better.
In Singapore supposed this card use for shopping any other hidden charges?
No
Does this card support Georgian Lari?
Now Federal Bank Scapia Credit Card has zero markup fee & is lifetime free? How is it?
How are RBL World Safari Card & Yes Bank card?
Out of all the options you have what best do you recommend in forex card for a 17 year student going for 6 years to Tiblisi Georgia.
HDFC's multi-currency forex card does not support Georgian Lari.
Federal Bank's Scapia credit card is good. But before applying, check if this card supports Georgian Lari.
You can choose any forex card. All forex cards are good
Do hdfc regalia forex card work in georgia
@@highlights-2022bro withdraw usd then exchange in lari from there
@@highlights-2022 yep it does work and withdraw always in us dollars and convert later to lari
bro if we swap this card or tap this card like in dubai for shopping any extra charge will applicable?? or what if we carry good amount of dirhams there will be any need of this card or not ?? pls rply
If you tap or swipe this card, there are no extra charges because the bank will already charge you some extra amount when you load the money. In Dubai, I have no idea if a card is required or not.
@@bankexpert ok bro thanks for your reply
Hi, can we transfer fund from the forex card to another bank account online?
Yes
How to add a US Bank account beneficiary?
No
Which card is better hdfc regalia or multicurrency
In multicurrency cards, there are 2% cross-currency charges.
I have a spare HDFC multicurrency card which is about to get expired
What would you recommend to transfer the amount to my bank account?
Just withdraw from ATM or through bank process?
Ask the bank; maybe they will transfer money from the new forex card.
Can this card be used to access lounge at the airport??
yes. but this card does not come with a free airport lounge access facility.
I'll be travelling to bali soon, Should I opt for Niyo card or HDFC's forex card? I already have account in HDFC.
Hdfc anyday
@@aneesh2891 why tho? How is it better?
Go with HDFC.
Hii just wanted let you know
I received this card today
So in video you said that they will charge for cross currency but at the back of my foex card cover it clearly says zero cross currency charges*!!
Therefore they will charge it at the event of insufficient balance only!
Thanks for the information. When I made the video at that time, cross-currency charges were applicable.
How much time does it take to get the card delivered?
I am going to italy for long term study, which forex card is better for me? Axis or HDFC?
As a student, I suggest you carry two Forex cards with you.
1. HDFC ForexPlus card.
2. Niyo DCB/SBM bank debit card.
@@bankexpert i am unable to apply for dcm debit card, they keep saying they are not available at my location. I have messaged them several times but no reply from them
Sir,
I'm going to Dubai after 2 weeks. Do you recommend it?
Yes, but if you spend more, I suggest you go with a zero forex markup fee card like the Niyo credit card, the Federal Scapia credit card, or the IDFC WOW credit card.
One of the worst bank for non salaried accounts.. Even worse for senior citizens.
Nikal sale garib aadmi
Why 😮
Is there any minimum maintenance amount and is there any charges yearly for this card?
Card issuance Fee: INR 500 plus applicable GST per card
Reload Fee: INR 75 plus applicable GST per reload transaction currency wise
After travel what if i want to unload money? Is there any hidden charges?
Yes
Can i unload the unused balance in the card and transfer it to my savings account?
yes
Hi, can HDFC multi currency forex card be used in schengen area? Can it be used in countries like finland, france, italy, austria, etc?
You will check the country name on HDFC Bank's official website. Also, Niyo credit cards and Scapia credit cards are good options because they come with zero forex markup charges.
I am hdfc customer. I have regalia credit card. Should I get this hdfc forex card or other/Niyo card? Very confused. 🤔🤥
Go with a Scapia credit card. It is best currently.
Hello sir. Agar scapia credit card le liya jaye to forex card ki jrort nae?
: Maine last month AUGUST me Dubai me expanses kiye unka Forex Fees aaj aa raha hai is month ? ye kya bawaal hai pahale to bola gaya kee zero forex hai aur is month fores kat raha hai ?
zero forex nahi hai HDFC multicurrency card pe jb aap paise load krte ho tabhi forex change lag jata hai. aap customer care se baat krye wahi bata payege ke apke extra changers kyu lag rahe hai.
@@bankexpert inke advertisement me bataya gaya thha kee WOW CREDIT card is zero forex ? But now charging money, bank saying kee advertisement me sab kuch sahi nahi ho sakta ?!
Just to confirm- if i use d hdfc multi currency card to make online payments such as buy tickets or hotel bookings, wil it charge currency conversion fee? Im traveling to Vietnam with us $ n multi currency $ US card
When you load money in USD, you pay an extra amount. but when you convert USD to any other currency, you have to pay conversion fees.
is there any international online payment charges when use this card, like normal credit card charges 3.5% on international transaction. The transaction charges from this card is same or less.
It will not charge 3.5% or more. When you load money on this card, it will charge you some extra. but when making an international transaction, there is no extra charge.
Hi , can you please advise whether mult currency forex card can go to negative balance. Actually I had 8.40 SGD balance but I successfully did online transaction of 9.53 SGD. Pls advise..currently balance not yet updated in forex card online.
I have no idea about that. You can call Bank Customer Care, and they will assist you.
@@bankexpert why I asked because you have mentioned in the video ,.in case you have not sufficient balance then mutli currently card helps.to.do.the payment successfully after chekcing if payment gets paid from other currency....so this happened yesterday so I asked...
After reloading in INR can we swipe/use this card in India?
You can't load money in INR.
Hello, does this card work in Paris(France)? Tia.
This card works with "EURO."
Is this card good for South Korea. I will be going there for a 3 week study program.
I think you can take the federal Scapia or Niyo credit card.
Hi sir. I am going to south korea for a month. Which card would you suggest for withdrawal as well as transaction in south korea.
Niyo credit card (Cash withdrawal and regular use), Federal scapia credit card (regular use)
How to transfer remaining balance in the forex card back to the savings account? Can it be done on NetBanking?
Call customer care; they will assist you.
Go to bank, they will transfer for u...I have done like that...I couldn't see any way to do it online by myself
Can we use the Multi currency forex card in India!!!
No, you cannot use it in India, Nepal or Bhutan.
Sir mujhe 10 din baad Dubai, Europe and UK travel karna hai. Niyo ko leke bhot doubt hai toh im not trusting the card. I already have an HDFC forex card. Isme but Czech Koruna nahi hoti toh kaise use karunga? 2nd doubt ye hai ki jab Euro jo yaha se load karva ke jaunga unhe Pound mein use karunga toh koi charge lagega? Please reply. URGENT!!
waise aap niyo ka credit card ko lay sakte hai regular use ke liye. agar wo kaam na kare toh isko use kr sakte hai.
Agar is card se Czech Koruna nah hote toh aap waha pe niyo card ka use kr sakte hai.
euro ko jb pound me convert karege toh extra charge dena padega. yeh details apko bank ke website pe mil jayege.
@@bankexpert But niyo k card mein downtime ki problem hai. You can't use the card between 12 to 4am IST and kuch local vendor pe nahi chalta. Itne saare doubts k chakkr mein it's better that I use forex.
Bhai ....Joining aur Annual fee bhi lagati hai kyaa
Card issuance Fee: INR 500 plus applicable GST per card
Could you please verify if this card provides access to international lounges?
No
Does this have tap to pay? And how to enable online transactions?
Yes, it has tap and pay.
Can anyone or author please let me know. If I load a particular currency in this like uk pound and use it uk only(same country) . Will it then charge forex markup fee?
There are no charges when you spend a UK Pound in the UK
If I am not using the card for 6-8 months, will I be be charged some fees ?
No
i have hdfc forexplus multi currency platinum card, can i use it for free lounge access?
No
It has zero mark up fees , card issue charges and load charges for salary employees, if i am not wrong
When you load money, they charge an extra amount. not sure about the salary employees
How do I transfer money back to my bank account from the forex card? I know we can keep money as it is and use in future, but I want to transfer back so how to do it?
Call customer care; they will assist you.
what is pos transaction charge and online transaction charge?
There are no extra charges except VISA fees. When you load money, the bank will charge you an extra amount.
Sir kya mai uzbekistan me use kar sakte hai case widral ke liye
Han pr chargers dena padega
Hi,
I have loaded money in USD in my forex card. My flight will have a layover in Istanbul, can i buy stuffs in airport using this card? Will it automatically convert from USD to Turkish Lira and pay the bill?
Yes, but you have to pay a cross-currency markup of 2%.
HDFC also has a Regalia Single Currency USD prepaid forex card.
My RM is encouraging for that , saying that it can be used for various other currency with zero markup later on.
More wider use.
My main purpose to get is upcoming travel to Europe.
I am not sure if there is any advantage in the Regalia vs the Multi Currency and why the banker is trying to push for that.
Please advise reg this.
I am planning to carry Scapia Credit Card and HDFC Multi Currency (loaded with Euro) for my Euro trip.
According to my knowledge, don't take a single-currency card because it only works in one currency. A single currency card is good for students or those who stay for many months in that country.
If you travel to many countries, then a multi currency card is good. because every time you don't need to change the card.
Scapia is a very good card because it comes with zero forex charges. Along with you, you should take an HDFC multi currency card.
Your RM is right. Regalia is far better than Multi-currency.
Regalia card is better and it is true that it can be used for various other currency with zero markup
Does it work for Malaysian Ringgits?
No
If i want to pay my tuition fees from this card which is in dollars, so will there be any forex markup charges ??
When you load the currency, the bank also includes the forex charges.
Hello Sir, Such an informative video. Your new subscriber. Just want to know-
1. Does the card charge any extra charges for online shopping, ATM cash withdrawal?
2. As you said it charges again for reloading money, then can we lock-in the exchange rate of the first day before reloading money?
Thank you so much
1. There are no extra charges for online shopping, but ATM cash withdrawal charges are applicable.
2. When you reload the money, like INR to USD, at that time the exchange rate will be applicable. and you used USD after a month, there is no exchange rate applicable. but if you load USD and you want to spend in euros, then another exchange rate will be applicable. (Exchange rates are locked at the time when you reload money.)
@@bankexpert why not just use international Debit card?
@@musings2134cuz you can't lock the exchange rates in global debit cards
When we can use hdfc regalia forex card where there is no cross currency mark up charges why do we have to use hdfc Multi currency forex card sir ?
HDFC Regalia Forex Card is a single currency card. It is available in US dollars.
Any Forex card that will be delivered to home, and I want to exchange some currency also in cash. Can it be done through any Forex Card issuing agencies or banks... ? For JPY
Thomos Cook, Niyo credit card
@@bankexpert thanks
This card can be used for lounge service
Yes. but it does not offer complementary lounge access.
Can we use this card in European countries as I'm travelling to Italy...??
It does not work in Italy.
@@bankexpertbut sir the card has 22 currency wallets including the euro , and Italy has Euro as their currency... so still we can't use this card in Italy???
Pls reply 😊
Any charge when we use this card for transaction at shops?
No
Does this card have complimentary lounge access
no
Is this better or using debit card better?
Always, a forex card is better. If your debit card comes with zero forex markup fees, then it is good.
Can we use prepaid netbanking features to reload & balancecheck if we opted for forex card without opening a hdfc account?
yes
What is the limit of the forex card payment in Uk?
Maximum USD $250,000 in a financial year
Koi transaction krenge to uspr koi markup fees hai?
Nahi. kyun ke jb aap money load karege tabhi bank kuch extra amount charge kr dege.
How much time does it take for pre-authorization charges to be removed after you check out from hotel?
I have no idea about that. Call customer care; they will assist you.
@@bankexpert it took 3 days to get the credit
hello sir, I'm travelling to Dubai for my semester exchange. i have hdfc platinum debit card. which forex card should I get from hdfc?
This card is worked in Saudi.
Does it work on Bangladesh.?
No
Brother please tell if this card gives airport lounge access
No, bro, this card does not offer airport lounges.
@@bankexpert thanks bro
What is annual fee for this HDFC card?
Card issuance Fee: INR 500 plus applicable GST per card
Reload Fee: INR 75 plus applicable GST per reload transaction currency wise
Hello, does that card work in turkey?
No
Can i use this card in argentina where the currency is pesos?
You can check the currency details on the HDFC website.
Hello sir, my HDFC forex card is stuck in cash machine at london. Is there any chance to get my card back or i have to block it ?
If i have to block card then my money will tranferable to my main HdFC debit card ?
Please help
Sorry to hear about that. I think you can transfer the remaining balance to your HDFC account.
Travelling to dubai
So which card should i use in transaction
Check out my best forex card video.
Is the hdfc student card better for masters students in UK
yes
Heyy , i am in canada RN , and i want to withdraw cash from atm can i do that ? And how many charges
CAD 2.00 cash withdraw fees
Never ever go for hdfc forex cards,I'm suffering from a bad decision I took couple of years ago
Thanks for sharing your feedback.
Whats the issue ?
@@rangeroverjen It is taking atleast 5 hours to reload the forex plus people in the customer care knows nothing, irresponsible approach from the executives
7L se jayda load kare to tcs dena padega kya
Han lag sakta hai. mai sure nahi hu. aap customer care se baat kr sakte hai.
how to I convert my INR in forex card to AUD when I arrive in Australia
In the app, you get the option or call customer care they will assist you.
can we use forex hdfc card in vietnam?
no
Which card can i use for aiport premium lounge
Niyo DCB, Niyo equitas, Scapia & more
is this card applicable in Kyrgyzstan? for dollar withdrawal
I'm not sure, but you can withdraw dollar. Ask customer care; they will let you know.
Does this card have annual fees ?
no
I have multi currency forex card and it's about to expire . Will it auto renew or I need to apply it again.
Ask customer care; they will assist you.
Sir I want to know how to claim money for lost passport sir please help
Call customer care; they will let you know.
If we opt fly wire or convera, the bank usually charges Rs 2 extra than the currency rate. This forex card is also charging around the same extra amount. So which method is the best if I want to pay tuition fees from INR to Pounds ?
Both offer similar benefits; choose any one.