Kotak Forex Card

Travel Benefits

The Kotak Forex Card can be used for 13 different currencies– US Dollars, Euro, Pound Sterling, Australian Dollars, Singapore Dollars, Swiss Franc, Hong Kong Dollars, Canadian Dollars, Japanese Yen, Swedish Krona, South African Rand, United Arab Emirates Dirham, and Saudi Riyal.

The Card is accepted worldwide where Visa cards are accepted. As part of Visa Global Customer Service Assistance, a 24-hour emergency service is offered across the globe, and you can report your card lost/stolen, emergency card replacement, and miscellaneous inquiries.

Insurance Benefits

The card comes with several insurance benefits, allowing its users to travel stress-free

Lost Card Liability Insurance

If your card is lost, you’ll be protected by complimentary Lost Card Liability Insurance of up to ₹2,00,000. This coverage includes any unauthorized transactions that happen up to 30 days before you report the card as lost and up to 7 days after the report.

Purchase Protection

When you use your Kotak Forex Card to make purchases, you get Purchase Protection Insurance up to ₹1,00,000. This insurance covers tangible items purchased with the card against loss or damage within 90 days of the purchase date.

Air Accident Insurance Cover

Kotak Forex Card comes with complimentary Air Accident Insurance cover up to ₹15,00,000.

Loss of Passport/Travel Documents

The Kotak Forex Card also provides coverage for the loss of your passport or travel documents, offering up to ₹50,000 to cover the costs of replacing them, including application fees for a lost passport or travel visa.

Loss of Checked-in Baggage (International)

If your checked-in baggage is lost on an international flight, the Kotak Forex Card offers up to ₹50,000 in coverage for essential items like clothing and personal necessities.

Eligibility and Required Documents

The card can be instantly purchased or loaded at Kotak Mahindra branches by submitting the required documents. It is also available for Indian nationals traveling abroad and foreign nationals residing in India.

How To Apply?

If you are an existing Kotak customer and want to apply for your Kotak Forex Card, follow the simple steps below.

1. Login into your NetBanking portal.
2. Click on ‘More’ and select ‘Forex Card’
3. Select the currency, enter your amount, and fill in the rest of the details
4. You may either pick up the card from your nearest Kotak Mahindra branch or get it delivered to your place
5. For the last and final step, you may confirm and pay

For new customers, walk into your closest Kotak Mahindra Branch and speak to an associate.

Bottom Line

Organize your travel with Kotak’s all-new Forex card that allows you to load and use the card in 13 widely popular currencies. It is globally accepted since it is on the Visa network. It will enable users assistance all around the clock, even if it is for a replacement card anywhere in the world. Reloading the card is possible through the Netbanking portal at an affordable fee of ₹75 only. The card comes with complimentary travel insurance, lost card liability cover, and a purchase protection plan. The card stays valid for five long years and can be used for online transactions anywhere a Visa card is accepted.