Can I load money from credit card to forex card?

How do I load a forex card with a credit card?

How to load money in a Forex Card?

  1. Login to your NetBanking account.
  2. Select prepaid cards.
  3. Select the type of forex card you hold.
  4. Enter the amount and currency of your choice.

Can forex card be used as credit card?

Think of a forex card as a prepaid travel card that you can load with a foreign currency of your choice. You can use a forex card just like a credit or debit card to pay for your expenses in a local currency abroad. You can withdraw local cash from an ATM.

Can I transfer money from a credit card to a prepaid card?

While you usually cannot transfer money directly from a credit card to a prepaid card, you can obtain cash from your credit card and use it to reload your prepaid cash card.

Is forex card better than credit card?

In the case of forex cards, the foreign exchange conversion rate is locked as soon as you load the money in to it. However, in the case of a credit card, the rates are applied at the time of the transaction, i.e., when you swipe your card. … A forex card gives customers protection from future currency rate fluctuations.

IT IS INTERESTING:  Which forex broker has the lowest minimum deposit?

Can I get forex card same day?

You can apply in just three easy steps. If you are not a Savings customer, follow the steps outlined in the Forex Card online application form and, after successful completion, you can get your card delivered at your doorstep in three days. If you choose to personalise your card, you may have to wait for a week.

Can forex card be used for online shopping?

You can use it just like your Credit Card for online shopping or to make online payments for flights, hotel rooms, etc. The advantage of using a Forex Card when abroad is that online transactions will not attract additional (cross-currency) charges.

What is the limit of forex card?

$2.5 lakh per annum

Are prepaid travel cards worth it?

A big advantage to using a prepaid card is that it saves you having to carry around significant sums of money while you’re on holiday. In the event your card was stolen, you’d only lose the amount of cash on your card. But prepaid cards are also often cheaper to use overseas than a standard debit or credit card.

Which bank is best for forex card?

Below are some of the best forex cards in India that you might want to have a look at.

  • YES Bank Multi-Currency Travel Card.
  • Axis Bank Multi-Currency Forex Card.
  • MakeMyTrip HDFC Bank ForexPlus Card.
  • ICICI Bank Travel Card.
  • HDFC Regalia ForexPlus Card.

Can I transfer money from credit card to GCash?

Currently, you can only link to GCash the following Mastercard/Visa Debit Cards issued locally by banks: Credit cards, prepaid and/or reloadable cards (including the GCash Mastercard), and debit cards issued internationally cannot be enrolled in the GCash App. … Kindly contact your local bank for activation inquiries.

IT IS INTERESTING:  Como calcular o volume no Forex?

Can you transfer money from a credit card to a netspend card?

You can’t add funds to your Netspend account using a credit card.

Can I load a Greendot card with a credit card?

Green Dot accounts can be loaded and reloaded in a number of ways. The most common method of loading is via Green Dot MoneyPak. … However, with a Visa credit card account, you will need to contact your card service provider to request a cash advance.

What are the charges for forex card?

“For amount spent abroad using Indian credit card, the fee will differ from issuer to issuer, merchant to merchant and currency to currency but would consist of conversion charges ranging from 3.50% to 5.00% and if credit card is used for withdrawal of foreign currency from ATMs abroad an additional withdrawal charge …11 мая 2018 г.

How long does it take to get a forex card?

about 4 -5 days

Can you withdraw money from a forex card?

Yes, you can withdraw cash from any VISA/VISA Plus/MasterCard ATMs worldwide. However, if you have to change the PIN of your Forex card, you can do that only in an Axis Bank ATM in India. Your Card will work fine at any shop or restaurant or a hotel that accepts cards of Visa/Visa Plus or MasterCard.

Private trader