FOREX CARD TO CHOOSE

[AKHIL SP]

Hi folks ,
I am planning a trip to UAE in 2 months , as UAE had refreshed their visit visa rules, we need to carry 3000 AED or equivalent amount . So I decided to apply for a forex card. First I tried to apply BOOK MY FOREX,but my pincode is not serviceable. SO I decided to choose HDFC's forex card. Can u guys tell me what's the difference between REGALIA FOREX PLUS and multicurrency forex card.
And why bank is issuing multicurrency forex card when we can use regalia forex plus (USD) at 0 forex markup fee ..
Need ur help folks..

 

[EnthuCC]

I might be wrong but I believe Regalia ForexPlus is for USD only while your spends will be in AED.

 

[kevin5]

Regalia Forex loads in USD but can be used for any other currency, it auto converts without any forex charges. And as for the question,
I use the Regalia forex plus. No hassle just load USD and use in any currency for forex. Supports quick pay to add money too. But you need hdfc credit/debit card. I have used it in many countries, never failed once. You can add it to uber/bolt too. Multicurrency you can use for only the wallets you load and when it supports cross currency, they charge it, I say not worth it.

 

[jar89]

These are the cards I use:

1) Infinia (2% markup) along with Global Value Program. If you activate the Global Value Program on your Infinia/DCB credit card, you can get an additional 1% cashback on forex spends (up to Rs. 1,000/- per statement cycle). Did not work in some machines especially in Europe.

2) Yes Marquee (1% markup). Did not work in some machines especially in Europe.

3) Thomas cook One Currency card - Its a Mastercard variant and you can only load USD to it and it gets paid in the country's currency you are in without any conversion charges. You load INR to it and it gets converted to USD based on that day's conversion value, along with their handling charges of 250 or something. Worked wherever I have swiped.

 

[Avatar Aang]

What happens to unused USD in Regalia Forex card?
Can we withdraw it?

My parents will be travelling abroad in the month of May and I was planning to get the Regalia Forex card and load it with friends DCB. Forex card will be in the name of person A and DCB is in the name of person B. Will it still get 5X RP?