{"id":7219,"date":"2025-01-10T12:36:40","date_gmt":"2025-01-10T12:36:40","guid":{"rendered":"https:\/\/www.extravelmoney.com\/blog\/?p=7219"},"modified":"2025-01-14T10:04:43","modified_gmt":"2025-01-14T10:04:43","slug":"icici-forex-card-review-types-benefits-charges-to-know","status":"publish","type":"post","link":"https:\/\/www.extravelmoney.com\/blog\/icici-forex-card-review-types-benefits-charges-to-know\/","title":{"rendered":"ICICI Forex Card Review: Types, Benefits & Charges to Know"},"content":{"rendered":"\n
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Imagine travelling the world without worrying about carrying cash or fluctuating exchange rates. ICICI Multi-currency Forex Cards offer a seamless way to carry 15 foreign currencies in one secure prepaid card, perfect for international students<\/a> and travellers. Read on as we break down their unique features, benefits, and charges.<\/p>\n\n\n\n

Also Read: How to Use Forex Card \u2013 A to Z Guide for Indian Travellers<\/a><\/strong><\/p>\n\n\n\n

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Key Features of ICICI Forex Cards<\/h2>\n\n\n\n

The ICICI Forex card\u2019s following salient features make it a go-to Forex card:1<\/a><\/sup><\/p>\n\n\n\n

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  1. Chip-and-Pin Security<\/strong><\/li>\n<\/ol>\n\n\n\n

    3D Secure authentication and chip-and-pin technology enhance transaction safety. 3D Secure uses a checkout password to verify your identity, while chip-and-pin protects your data from fraud.<\/p>\n\n\n\n

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    1. Card Management<\/strong> through ICICI Online Portals<\/strong><\/li>\n<\/ol>\n\n\n\n

      You can apply for the Forex card via ICICI Bank\u2019s internet banking, the iMobile app, or partnered platforms like ExTravelMoney. Enjoy doorstep delivery, and manage your funds anytime through ICICI\u2019s \u2018Self Care Portal\u2019 for tracking and reloading your card.<\/p>\n\n\n\n

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      1. Available for Non-Account Holders Too<\/strong><\/li>\n<\/ol>\n\n\n\n

        Even if you do not have a savings account with ICICI Bank, you can still apply for an ICICI Forex card by following a few additional steps.<\/p>\n\n\n\n

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        1. Free Replacement Card<\/strong><\/li>\n<\/ol>\n\n\n\n

          The ICICI Forex Card kit includes an additional replacement card (excluding the Multicurrency variant). If you lose or damage the primary card<\/a>, contact ICICI Bank customer care to activate the replacement card and transfer the balance. <\/p>\n\n\n\n

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          1. Emergency Cash Delivery Service<\/strong> up to USD 2000<\/strong><\/li>\n<\/ol>\n\n\n\n

            Customers who need emergency foreign currency notes while travelling can contact customer service and get an emergency cash delivery service of up to USD 2000.<\/p>\n\n\n\n

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            1. ICICI Lombard Travel Insurance<\/strong><\/li>\n<\/ol>\n\n\n\n

              Upon purchasing the card, cardholders automatically gain access to the ICICI Lombard Comprehensive Travel Insurance policy. This insurance covers uncertainties that arise during the trip, starting from the moment you leave residence for the scheduled flight and ending when you return home.2<\/a><\/sup><\/p>\n\n\n\n

              The following aspects are covered under the insurance policy, with maximum coverage amounts listed:<\/p>\n\n\n\n

              Insurance<\/strong><\/td>Maximum Amount Covered <\/strong><\/td><\/tr>
              Personal Air Accident Cover (Death only)<\/td>\u20b910,00,000<\/td><\/tr>
              Missing of Connecting International Flight During Transit<\/td>USD 300<\/td><\/tr>
              Loss of Travel Documents (Passport, Visa, Tickets)<\/td>USD 500<\/td><\/tr>
              Airplane Hijacking<\/td>Up to USD 3,000<\/td><\/tr>
              Delay in Receipt of Checked Baggage<\/td>USD 300<\/td><\/tr>
              Lost Card Liability Insurance Cover<\/td>\u20b95,00,000<\/td><\/tr>
              Counterfeit Card Liability Insurance Cover<\/td>\u20b95,00,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
              <\/div>\n\n\n\n

              Foreign Currencies Available<\/h2>\n\n\n\n

              With ICICI Forex card, you can load up to 15 foreign currencies and lock the exchange rate to prevent rate fluctuations. The available currencies are:3<\/a><\/sup><\/p>\n\n\n\n

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              1. United States Dollar (USD)<\/li>\n\n\n\n
              2. Great British Pound (GBP)<\/li>\n\n\n\n
              3. Euro (EUR)<\/li>\n\n\n\n
              4. Canadian Dollar (CAD)<\/li>\n\n\n\n
              5. Australian Dollar (AUD)<\/li>\n\n\n\n
              6. Singapore Dollar (SGD)<\/li>\n\n\n\n
              7. United Arab Emirates Dirham (AED)<\/li>\n\n\n\n
              8. Swiss Franc (CHF)<\/li>\n\n\n\n
              9. Japanese Yen (JPY)<\/li>\n\n\n\n
              10. Swedish Krone (SEK)<\/li>\n\n\n\n
              11. South African Rand (ZAR)<\/li>\n\n\n\n
              12. Saudi Riyal (SAR)<\/li>\n\n\n\n
              13. Thai Baht (THB)<\/li>\n\n\n\n
              14. New Zealand Dollar (NZD)<\/li>\n\n\n\n
              15. Hong Kong Dollar (HKD)<\/li>\n<\/ol>\n\n\n\n
                <\/div>\n\n\n\n

                Types of ICICI Forex Cards<\/h2>\n\n\n\n
                Card Type<\/strong><\/td>Zero Mark-up for Cross-currency Transactions<\/strong><\/td>No. of International Lounge Accesses<\/strong><\/td>Offers<\/strong><\/td>No. of ATM fee waivers\/<\/strong>month<\/strong><\/td>Joining Fee<\/strong><\/td><\/tr>
                Expressions Sapphiro4<\/a><\/sup><\/td>\u2714<\/td>2<\/td>\u20b9 1,000 Uber vouchers

                \u20b9 500 Amazon voucher<\/td>                		3<\/td>\u20b9 3,499<\/td><\/tr>
                Sapphiro5<\/a><\/sup><\/td>\u2714<\/td>2<\/td>5% cashback on airline & hotel spends

                \u20b9 1,000 Uber vouchers<\/td>                		0<\/td>\u20b9 2,999<\/td><\/tr>
                Student Sapphiro6<\/a><\/sup><\/td>\u2714<\/td>2<\/td>\u20b9 1,000 Uber vouchers

                ISIC (International Student Identity Card) membership (\u20b9 999)<\/td>                		3<\/td>\u20b9 2,999<\/td><\/tr>
                Student Contactless7<\/a><\/sup><\/td>\u2716<\/td>1<\/td>\u20b9 500 Uber voucher<\/td>1<\/td>\u20b9 499<\/td><\/tr>
                Coral8<\/a><\/sup><\/td>\u2716<\/td>0<\/td>\u20b9 500 Uber voucher (first load)

                \u20b9 500 BookMyShow voucher<\/td>                		0<\/td>\u20b9 499<\/td><\/tr>
                Multi-Currency9<\/a><\/sup><\/td>\u2716<\/td>0<\/td>Nil<\/td>0<\/td>Nil<\/td><\/tr>
                Corporate10<\/a><\/sup><\/td>\u2716<\/td>0<\/td>\u20b9 500 Uber voucher<\/td>0<\/td>Nil<\/td><\/tr><\/tbody><\/table>
                All cards charge zero annual fee<\/em><\/em> and have a Lost\/Counterfeit Card Liability Coverage up to \u20b9 5 Lakh.<\/em><\/figcaption><\/figure>\n\n\n\n
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                Also Read: Documents Needed for Foreign Exchange \u2013 A Complete Checklist<\/a><\/strong><\/p>\n\n\n\n

                <\/div>\n\n\n\n

                Forex Card Charges<\/h2>\n\n\n\n

                Keep these charges<\/a> in mind while using your ICICI forex card abroad:11<\/a><\/sup><\/p>\n\n\n\n

                Charge Type<\/strong><\/td>Details<\/strong><\/td><\/tr>
                Point of Sale (POS) & Online Transactions<\/td>No charges<\/td><\/tr>
                Cross-Currency (for transactions in a currency not loaded on the card)<\/td>3.5% <\/td><\/tr>
                Wallet-to-Wallet Transfer (from one currency to another within the card)<\/td>2.5% (deducted from the destination wallet)<\/td><\/tr>
                Cash Advance\/withdrawal at POS Terminals<\/td>0.5% <\/td><\/tr>
                Balance Enquiry <\/td>approx. USD 0.50 per inquiry<\/td><\/tr>
                Card Replacement<\/td>International Locations: USD 20 Domestic Locations: USD 3<\/td><\/tr>
                Fee for Uncapped ATM Withdrawals<\/td>1%<\/td><\/tr>
                Fee for Capped ATM Withdrawals<\/td>USD 1.86<\/td><\/tr><\/tbody><\/table>
                *All charges are exclusive of applicable taxes<\/em><\/figcaption><\/figure>\n\n\n\n
                Please Note:<\/strong> Charges are subject to change. Remember to verify the latest information on ICICI Bank\u2019s official website<\/a>.<\/pre>\n\n\n\n
                So, how can you minimise these charges?<\/p>\n\n\n\n