ICICI Bank offering FREE multicurrency forex card

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ICICI Bank offering FREE multicurrency forex card.
Logged onto netbanking and under forex card I can see free forex card option without any joining fee.
Experts here comment on the pros and cons on it. Is there any benefit using it over niyo DCB/RBL signature+/Indie?

 

[AlgoTrader]

wow, icici is handing out so many cards

 

[Nitheesh]

3.5 % markup is there. It is a basic forex card.

 

[iNokia]

It was always free. Nothing special. Normal forex card.

 

[telescope]

It was always free. Nothing special. Normal forex card.

If I keep it unused, will I be charged inactivity fee?

 

[kochiro]

If I keep it unused, will I be charged inactivity fee?

 

[kochiro]

If I keep it unused, will I be charged inactivity fee?

There is an inactivity fee attached if the card isn't used for 6 months.
- This card cannot be used in India, Nepal & Bhutan.
- No individuals can apply for or obtain multiple Cards.

 

[kafeel]

There is an inactivity fee attached if the forex card isn't used for 6 months.
- This card cannot be used in India, Nepal & Bhutan.
- No individuals can apply for or obtain multiple Cards.

How much is inactivity fees for the forex card?

 

[anotheruser]

There is an inactivity fee attached if the card isn't used for 6 months.
- This card cannot be used in India, Nepal & Bhutan.
- No individuals can apply for or obtain multiple Cards.

Thanks. You saved my 500 bucks / 6 months.

 

[ahmedshaikh__]

3.5 % markup is there. It is a basic forex card.

Bro but if we load euro n spend in euro then ??

 

[ahmedshaikh__]

Thanks. You saved my 500 bucks / 6 months.

But u can close it if it’s not in use

 

[telescope]

Bro but if we load euro n spend in euro then ??

Same currency then no extra charges. But, while loading, from inr to euro or whatever currency, banks give worst rate.

 

[navdeep22]

3.5 % markup is there. It is a basic forex card.

Same as general credit and debit card?

 

[telescope]

Same as general credit and debit card?

Y e s

 

[sunit123]

Same currency then no extra charges. But, while loading, from inr to euro or whatever currency, banks give worst rate.

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