Axis Bank World Traveller Forex Card

Axis Bank World Traveller Forex Card Features and Benefits

The Axis bank’s World Traveler Forex Card is a great option for those who are planning to travel internationally as it makes your international travels much more convenient. You can not only make transactions in foreign currencies, but the card also offers several exciting benefits, which are given further in this article:

Welcome Benefits

• Complimentary membership of the Miles & More frequent flyer program.
• 1,000 Miles credited to the Miles & More account on loading the card for the first time.

Travel Benefits

• Cashback of up to Rs. 1,000 on VI international roaming packs.
• The card can be loaded in 16 different widely used currencies including USD, Euro, Pound, Dirham, etc.
• No forex mark-up fee on transactions made in the currency loaded on the card (cross-currency usage fee of 3.5% of the transaction amount applicable on transactions made in a currency other than the one loaded on the card).

Loading/Reloading Axis Bank World Traveller Forex Card

You can load/reload your Axis Bank World Traveller Forex Card-

• via internet banking or Axis Bank Mobile app.
• by visiting your nearest Axis Bank branch (you can also authorize your family members to load your card when you are on a foreign trip by giving them a duly signed authorization letter).

Supported Currencies

Axis Bank World Traveller Forex Card supports loading in any of the following 16 currencies- United States Dollar, EURO Pound, Sterling, Australian Dollar, Canadian Dollar, Swiss Franc, Japanese Yen, Singapore Dollar, Swedish Krona/Kronor, UAE Dirham, Saudi Royal, Thai Baht, New Zealand Dollar, Hong Kong Dollar, South African Rand and Danish Krone.

Axis Bank World Traveller Forex Card Rewards

• 5 Award Miles per USD 5 spent with the card.
• 2,000 Award Miles on loading more than USD 4,000 to the card.

Reward Redemption

The Miles earned are transferred to the Miles & More account registered with the bank, which can be redeemed for flight bookings and upgrades (on all Star Alliance member carriers including Lufthansa Airlines, United Airlines, Air Canada, Air China, and Singapore Airlines), hotel reservations, shopping at partner merchants, car rentals or for donations for a good cause.

Axis Bank World Traveller Forex Card Fees & Charges

• You are charged an initial fee of Rs. 500 (exclusive of GST) at the time of issuance of the card.
• Reload fee of Rs. 100 applicable every time the card is reloaded.
• You are charged a cash withdrawal fee of USD 2.25 (or equivalent) every time you withdraw cash from an ATM.
• A cash advance fee of 0.5% of the transaction amount (maximum fee of USD 75) is also applicable on cash withdrawals with the card.
• No forex mark-up fee is applicable on transactions made in the currency loaded on the card. However, a cross-currency usage fee of 3.5% of the transaction amount is levied on transactions done in a currency other than the one loaded on the card.

Axis World Traveller Forex Card Eligibility Criteria

Unlike credit cards, there are not so strict eligibility criteria that you need to fulfill in order to get approved for Axis bank’s World Traveler Forex Card. You just need to submit a few documents while applying for this card, which are listed below

• A copy of your passport.
• Visa of the applicant.
• Address proof (in case your present address is different from the address mentioned on your passport).
• Application form for the Axis Multicurrency Forex Card.
• Copy of ticket.

How to apply for Axis Bank World Traveller Forex Card?

You can apply for the Axis Bank World Traveler Forex Card in the following two ways-

• Online: visit the Forex Cards application page on Axis Bank’s website and submit your application. You will need to upload a scanned copy of your passport (with visa) at the time of application. The card will be delivered to your correspondence address or, alternatively, you may also collect the card from your nearest Axis Bank branch.
• Offline: you can also get the card over the counter from any of the Axis Bank branches by submitting a copy of your passport (with visa) and air tickets.

Conclusion

If you are a frequent flyer to international destinations, Axis Bank World Traveller Forex Card is certainly worth your consideration. The Miles earned on the card are credited to the Miles & More account linked with the card, and since Lufthansa airlines is a Star Alliance member, the Miles earned can be redeemed not only for spends on Lufthansa but also on all other Star Alliance member airlines including Air India, Air Canada, Singapore Airlines, Australian Airlines, etc. What’s your take on this co-branded offering by Axis Bank? Do let us know in the comments.