Axis Burgundy Multi-Currency Forex Card?

[m4b]

That one time my mail blew up inside Axis, and the BM called me to save herself from danger ☠️



I still have not received the burgundy multi-currency forex card. Let me know if anyone has it.
Does even the card exist?

 

[m4b]

My RM says that it is difficult to get a Burgundy Multi Forex Card as it is not available in most of the branches, not even in the "richest Axis branch in India - Galleria Mall GGN" and "NRI specific branch - golf course GGN". It takes more than a month to get the card. Who knows!

 

[xlr8]

Did the OP (@m4b) or anyone get their hands on the Axis Bank Burgundy Forex card?

 

[Wealth is my birth right!]

Everywhere in Burgundy account details of Axis Bank website says that Burgundy account dc and select cc with multi currency card is free but i didn’t heard anyone using multi card for forex from Burgundy account
As usual its Axis Bank

 

[msankadi]

Fikar not...till the time one gets it, it might already be devalued into oblivion

with axis, the speed of devaluation >>> the speed of service

 

[m4b]

Did the OP (@m4b) or anyone get their hands on the Axis Bank Burgundy Forex card?

They said the normal multicurrency card will be linked to burgundy multicurrency internally. Someone on TF said the same thing. I haven't confirmed it yet though.

 

[Riva]

That one time my mail blew up inside Axis, and the BM called me to save herself from danger ☠️

View attachment 54686

I still have not received the burgundy multi-currency forex card. Let me know if anyone has it.
Does even the card exist?

Did they wave off the fees for the normal forex card?

 

[m4b]

Did they wave off the fees for the normal forex card?

Haven't checked yet, it's been a while now. When I applied for the multicurrency I applied via my Prestige Account instead of Burgundy Account thinking.
Better talk to your RM and confirm it via email with the features.

 

[praneeth999]

What's the advantage of Burgundy forex card over a regular one? May be I'm looking incorrectly but I couldn't find a page on Axis Bank explaining the differences.

 

[Riva]

I think the only difference is that it is issued free of cost to burgundy customer. Maybe a slight lower forex conversation rate too.

 

[m4b]

What's the advantage of Burgundy forex card over a regular one? May be I'm looking incorrectly but I couldn't find a page on Axis Bank explaining the differences.

1. card issuance, reload, and encashment fee waivers
2. 6 global ATM transaction fee waivers in a year.
You can negotiate for a better conversion rate for a big reload.

 

[Wealth is my birth right!]

1. card issuance, reload, and encashment fee waivers
2. 6 global ATM transaction fee waivers in a year.
You can negotiate for a better conversion rate for a big reload.

But some charges there if kept non used is it?

 

[Riva]

BTW.. can you load an Axis forex card using a credit card for points?

 

[telescope]

BTW.. can you load an Axis forex card using a credit card for points?

N o .

 

[Riva]

N o .

Ok, so here Axis is the problem, as I loaded my HDFC forex card with my HDFC Regalia cc and got points for all the loads. But this was 2 years ago.. not sure if things have changed now for hdfc as well.

 

[Harry1]

1. card issuance, reload, and encashment fee waivers
2. 6 global ATM transaction fee waivers in a year.
You can negotiate for a better conversion rate for a big reload.

I was getting this burgundy forex card option online, so ordered this online on 18th.

Paid the minimal 1USD plus 45 gst just to get the card. Conversion rate was better than usual due to burgundy account. Still about 1% higher than google rates though.

Application approved on 19th, card was shipped on 20th, delivered on 21st and activation request was done via call on 22nd. No documents asked apart from passport number and passport file number and that they verified digitally.

Even though it was online application and courier delivery, I got a non personalized card with "BURGUNDY CHIP" embossed instead of my name. Have asked customer care to send another card with my name, but I doubt if they will agree.

Don't see much usefulness though here, as it can be loaded only via savings account and there is 3.5% Cross currency markup. Took it just for collection😂.

 

[NeerajNegi]

I was getting this burgundy forex card option online, so ordered this online on 18th.

Paid the minimal 1USD plus 45 gst just to get the card. Conversion rate was better than usual due to burgundy account. Still about 1% higher than google rates though.

Application approved on 19th, card was shipped on 20th, delivered on 21st and activation request was done via call on 22nd. No documents asked apart from passport number and passport file number and that they verified digitally.

Even though it was online application and courier delivery, I got a non personalized card with "BURGUNDY CHIP" embossed instead of my name. Have asked customer care to send another card with my name, but I doubt if they will agree.

Don't see much usefulness though here, as it can be loaded only via savings account and there is 3.5% Cross currency markup. Took it just for collection😂.

The person who called me said that there are no loading charges only 45inr for up to 1 lakh and also that you said 3.5% cross currency is when you pay in usd for example in china or may be you loaded chf and paying in sdg this comes. under 3.5%

i don't know how much true

 

[Harry1]

The person who called me said that there are no loading charges only 45inr for up to 1 lakh and also that you said 3.5% cross currency is when you pay in usd for example in china or may be you loaded chf and paying in sdg this comes. under 3.5%

i don't know how much true

45 or 0.18%, whichever is higher and 1% extra on Google rate.

About 3.5%, yeah it's Cross currency markup.

 

[NeerajNegi]

45 or 0.18%, whichever is higher and 1% extra on Google rate.

About 3.5%, yeah it's Cross currency markup.

Yous should never check google rate we always check only xe.com rate, I don't see extra