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ICICI Bank Multi-Currency Forex Prepaid Card – Benefits, Fees & Eligibility

The ICICI Bank Multi-Currency Forex Prepaid Card is a specialized travel card designed for international travelers, allowing users to load and manage 15 different currencies on a single card. It offers unparalleled convenience with zero joining and annual fees, seamless contactless payment capabilities, and the security of fixed exchange rates. This card is ideal for frequent international travelers, students, and anyone seeking a secure and cost-effective way to manage foreign currencies without traditional credit card rewards.
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Is the ICICI Bank Multi-Currency Forex Prepaid Card Right for You?

A quick look at who this card is best for, key costs, and things to consider.

The ICICI Bank Multi-Currency Forex Prepaid Card is best suited for users who prioritize International Spends, Travel. With a joining fee of Nil and a renewal fee of Nil, this card offers free entry for new applicants. It offers Air Miles & Travel Points as its primary reward mechanism.

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Last updated: 15 March 2026

Key Card Details

Joining Fee

Nil

Renewal Fee

Nil

Reward Type

Air Miles & Travel Points

Foreign Currency Markup

Fixed exchange rates, protecting against currency fluctuations.

Notable Perks

Insurance Coverage

Lost card liability coverage up to ₹5,00,000.

Things to Consider

A delivery charge of ₹100 applies for a physical international SIM card.

As a forex card, it does not offer traditional credit card rewards like cashback or points.

Other charges may apply as detailed in the Most Important Terms & Conditions (MITC).

Last updated: 15 March 2026

Benefits & Features

Explore key benefits designed to maximize your lifestyle

Welcome Offer

15 currency wallets, ₹5L lost card liability, complimentary international SIM & Youth card.

Reward Type

Air Miles & Travel Points

Reward Redemption

Benefits are inherent to international use; SIM via Visa platform.

Insurance Coverage

Lost card liability coverage up to ₹5,00,000.

Travel Benefits

Manage 15 currencies, fixed exchange rates, ₹5L lost card liability for international travel.

Fees & Charges

Know the costs before applying to avoid surprises later

Joining Fee

Nil

Renewal Fee

Nil

Foreign Currency Markup

Fixed exchange rates, protecting against currency fluctuations.

Pros & Cons

Weigh the advantages and limitations

Pros

Key benefits and features of this card.

Supports 15 currencies on a single card, eliminating the need for multiple cards.

Zero joining and annual fees make it a cost-effective option for travelers.

Offers superior security features like CHIP & PIN, 3D Secure, and contactless payment.

Provides peace of mind with fixed exchange rates and lost card liability coverage.

Includes valuable complimentary benefits such as an international SIM and a Youth card.

Cons

Key drawbacks and limitations of this card.

A delivery charge of ₹100 applies for a physical international SIM card.

As a forex card, it does not offer traditional credit card rewards like cashback or points.

Other charges may apply as detailed in the Most Important Terms & Conditions (MITC).

Product Details

Comprehensive information about this credit card

Supports 15 currencies on a single card.

Features contactless payment technology.

Enhanced security with 3D Secure and CHIP & PIN.

Offers lost card liability coverage up to ₹5,00,000.

Provides fixed exchange rates to avoid currency fluctuations.

Includes a complimentary International SIM card from Visa.

Comes with a complimentary Youth card from Visa.

What matters, explained clearly

Detailed evaluation to help you make the right decision

Introduction

The ICICI Bank Multi-Currency Forex Prepaid Card is a specialized travel card issued by ICICI Bank, designed for international travelers. It offers unparalleled convenience by allowing users to load and manage 15 different currencies on a single card. Key differentiating benefits include zero joining and annual fees, seamless contactless payment capabilities, and the security of fixed exchange rates, making international trips easier and safer.

Welcome Benefits

  • The card offers 15 wallets for different foreign currencies.
  • Lost card liability coverage of up to ₹5,00,000.
  • Complimentary international SIM card offered by Visa.
  • Complimentary Youth card offered by Visa.

Fees

  • Joining Fee: Nil
  • Annual Fee: Nil
  • International SIM Delivery Charge: A delivery charge of ₹100 applies for a physical SIM card.
  • Other Charges: Please refer to the Most Important Terms & Conditions (MITC) for details on other applicable charges.

Rewards

  • Multi-Currency Wallets: Load and manage 15 different currencies in a single card.
  • International SIM: Get a complimentary international SIM card offered by Visa. Eligible cardholders can avail this benefit by logging in with their card number on the Visa forex platform, obtaining a unique code, and then selecting their preferred call plan. KYC completion is required, and options for e-SIM or physical SIM are available.
  • Lost Card Liability Coverage: Coverage of up to ₹5,00,000 in case of card loss, providing security wherever you travel.
  • Superior Security: Enhanced security through 3D Secure and CHIP & PIN technology.
  • Contactless Payment: Make quick and seamless contactless payments at PayWave enabled merchants.
  • Youth Card: Avail a complimentary Youth card offered by Visa.
  • Fixed Exchange Rates: Benefit from fixed exchange rates, protecting against currency fluctuations.
  • Secured Transactions: Transactions are secured with an embedded microchip for high-level security.

Rewards Redemption Guide

  • This card is a prepaid forex card, and its benefits are inherent to its use for international transactions rather than a points-based rewards redemption system.
  • To avail the complimentary international SIM, eligible cardholders must visit the specified Visa forex platform, log in with their card details, obtain a unique code, and follow the instructions for SIM activation and KYC.

Card Review

The ICICI Bank Multi-Currency Forex Prepaid Card is an excellent companion for frequent international travelers, students, and anyone looking for a secure and convenient way to manage multiple foreign currencies.

  • Pros:
    • Supports 15 currencies on a single card, eliminating the need for multiple cards.
    • Zero joining and annual fees make it a cost-effective option.
    • Offers superior security features like CHIP & PIN, 3D Secure, and contactless payment.
    • Provides peace of mind with fixed exchange rates and lost card liability coverage up to ₹5,00,000.
    • Includes valuable complimentary benefits such as an international SIM and a Youth card.
    • Customers praise its convenience, security, and value for international travel.
  • Cons:
    • A delivery charge of ₹100 applies for a physical international SIM card.
    • As a forex card, it does not offer traditional credit card rewards like cashback or points on spending.
  • Overall Verdict: Highly recommended for those seeking a stress-free and secure international payment solution with multiple currency support and transparent costs.

Important Product Details

  • Positive Highlights:
    • 15 wallets for different currencies on a single card.
    • Zero Joining Fee and Annual Fee.
    • Contactless payment technology for quick transactions.
    • Superior security with 3D Secure and CHIP & PIN technology.
    • Lost Card Liability Coverage of up to ₹5,00,000.
    • Fixed Exchange Rates to protect against currency fluctuations.
    • Complimentary International SIM card offered by Visa.
    • Complimentary Youth card offered by Visa.
  • Negative Highlights:
    • A delivery charge of ₹100 is applicable for a physical International SIM card.
    • Other charges may apply as detailed in the Most Important Terms & Conditions (MITC).

Other Details

  • The card is equipped with an embedded microchip for high-level security.
  • For a comprehensive list of other charges, refer to the Most Important Terms & Conditions (MITC) document.
  • In case of card loss, contact Customer Care immediately for assistance to avail the lost card liability coverage.

Contact ICICI Bank Directly

Toll-free numbers, email, WhatsApp support, and grievance redressal contacts.

Full Contact Details

Frequently Asked Questions

Clear, concise answers to help you understand this card better.