ICICI Bank, in partnership with Visa, has launched a new corporate Forex card, the Corporate Sapphiro Forex Card. Positioned as a premium offering, a term not commonly associated with Forex cards, this product stands out in its segment.
Exclusively issued against current accounts, the card is designed for frequent business travelers. In addition to offering secure and seamless international payments, it also provides complimentary airport lounge access and meet-and-greet services, making travel more convenient and comfortable for professionals on the move.
Speaking about the new Forex card, Mr. Vipul Agarwal, Head – Cards & Payment Solutions, ICICI Bank, said, “We are delighted to partner with Visa to expand our range of forex cards into a new category of premium forex card for business travellers. As the Indian businesses and corporates expand internationally, we envisage the need for a premium forex card linked to the business account with exclusive features. The digital journeys on InstaBIZ and Corporate Internet Banking will enable business travellers to apply, load and manage their cards on the go. Accordingly, this India-first innovation of the Corporate Sapphiro Forex Card is tailored for business owners and brings attractive benefits from Visa Infinite platform to a prepaid forex card, for the first time in Asia.”
Benefits of ICICI Corporate Sapphiro Forex Card
Since this card is offered on the Visa Infinite platform, users can enjoy a host of exclusive privileges, including discounts on dining, premium hotel benefits, and more. Here are some of the top advantages of this new Corporate Sapphiro Forex Card:
- Enjoy two complimentary international airport lounge visits for added comfort during your travels.
- Access Meet & Assist services for a smoother airport experience.
- Get a complimentary international eSIM card powered by Visa for seamless connectivity abroad.
- Benefit from three ATM withdrawal fee waivers every month.
- Experience zero cross-currency markup, ensuring transparent and cost-effective global transactions.
Bottom Line
When it comes to international travel, Forex cards can be extremely useful. Typically, travelers have two choices: a premium credit card with zero Forex markup fees or a dedicated Forex card. While individuals can easily opt for a personal credit card, it’s often more complex for corporate travelers to do the same.
This is where the ICICI Bank Corporate Sapphiro Forex Card stands out. Offering zero forex charges, complimentary airport lounge access, an international eSIM, and meet-and-greet services, it’s an ideal choice for ICICI current account holders who frequently travel abroad.
Considering its premium benefits, the one-time joining fee of ₹2,999 + GST is quite reasonable.
1 comment
Shaurya
The new Corporate Sapphiro Forex Card with Visa Infinite benefits is really useful for business travelers. Great move by ICICI Bank and Visa!