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Are you planning to travel abroad? If yes, then you must know about the ICICI Bank Multi Currency Travel Card. This travel card is a prepaid card that allows you to load multiple currencies onto a single card. It is a convenient and secure way to carry money when you travel overseas.
What is the ICICI Bank Multi Currency Travel Card?
The ICICI Bank Multi Currency Travel Card is a prepaid card that can be loaded with multiple currencies. You can use this card to withdraw cash or make purchases at merchants that accept Visa or Mastercard debit cards. It is a convenient and secure way to carry money when you travel abroad. You can also use this card to check your balance and transaction history online.
How to Apply for an ICICI Bank Multi Currency Travel Card?
You can apply for an ICICI Bank Multi Currency Travel Card online or by visiting any ICICI Bank branch. All you need to do is fill out the application form and submit the required documents. You will also need to provide a copy of your passport and proof of address. Once your application is approved, the card will be issued to you.
Benefits of Using an ICICI Bank Multi Currency Travel Card
There are several benefits of using an ICICI Bank Multi Currency Travel Card:
- You can load multiple currencies onto a single card
- You can withdraw cash from ATMs or make purchases at merchants that accept Visa or Mastercard debit cards
- You can check your balance and transaction history online
- You can lock-in exchange rates when you load currencies onto the card
- You can avail of discounts and offers when you use the card to make purchases
- You can use the card as a backup in case you lose your cash or credit/debit cards
How to Load Currencies onto an ICICI Bank Multi Currency Travel Card?
You can load currencies onto your ICICI Bank Multi Currency Travel Card in the following ways:
- Online through Internet Banking or iMobile App
- At any ICICI Bank branch
- Through NEFT/RTGS
You can load up to 15 currencies onto the card, including USD, EUR, GBP, AUD, CAD, SGD, CHF, JPY, SEK, ZAR, SAR, THB, HKD, AED, and DKK.
How to Use an ICICI Bank Multi Currency Travel Card?
You can use your ICICI Bank Multi Currency Travel Card in the following ways:
- Withdraw cash from ATMs that accept Visa or Mastercard debit cards
- Make purchases at merchants that accept Visa or Mastercard debit cards
- Check your balance and transaction history online
When you use the card for transactions, the amount will be deducted from the currency wallet in which the transaction was made. If the currency wallet has insufficient balance, the transaction will be declined.
What are the Fees and Charges of an ICICI Bank Multi Currency Travel Card?
There are several fees and charges associated with an ICICI Bank Multi Currency Travel Card:
- Joining Fee – INR 499
- Reload Fee – INR 75
- Cross Currency Markup Fee – 3.5%
- ATM Withdrawal Fee – USD 2 or equivalent per withdrawal
- Inactivity Fee – USD 5 or equivalent per month after 12 months of inactivity
Conclusion
The ICICI Bank Multi Currency Travel Card is a convenient and secure way to carry money when you travel abroad. You can load multiple currencies onto a single card and use it to withdraw cash or make purchases at merchants that accept Visa or Mastercard debit cards. You can also check your balance and transaction history online. However, there are some fees and charges associated with the card that you need to be aware of. Overall, the ICICI Bank Multi Currency Travel Card is a good option for those who travel frequently and want to avoid the hassle of carrying multiple currencies and cash.