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

Introduction

The ICICI Bank Multi-Currency Forex Prepaid Card is designed for international travelers, including students and vacationers, offering a convenient and secure way to manage foreign currency expenses. This card stands out with its ability to hold 15 different currencies in a single card, enabling contactless payments and providing the benefit of fixed exchange rates. Key differentiating features include zero joining and annual fees, superior security with 3D Secure and CHIP & PIN technology, and comprehensive lost card liability coverage.

Welcome Perks & Issuance Benefits

• Zero Joining Fee: The card comes with no joining fee.
• Zero Annual Fee: There are no annual fees associated with the card.
• Complimentary International SIM Card: Offered by Visa, eligible cardholders can avail an international SIM card.
• Complimentary Youth Card: Offered by Visa, cardholders can avail a complimentary Youth card.
• Lost Card Liability Coverage: Coverage of up to ₹5,00,000 in case of card loss.

Supported Currencies & Wallet Features

• Multiple Currencies: The card supports 15 different currencies, allowing for 15 wallets in a single card.
• Fixed Exchange Rates: Benefits from fixed exchange rates, providing certainty on currency conversions.

Fees and Charges

• Annual Fee: Nil
• Joining Fee: Nil
• Other Charges: For a comprehensive list of other charges, cardholders should refer to the Most Important Terms & Conditions (MITC).

Travel Features & Insurance

• Lost Card Liability Coverage: Provides coverage of up to ₹5,00,000 in case of card loss, ensuring security during travel.
• Superior Security: Transactions are secured through 3D Secure and CHIP & PIN technology.
• Contactless Payments: Equipped for contactless payments at PayWave enabled merchants, offering quick and convenient transactions.
• Complimentary International SIM Card: Offered by Visa, providing connectivity benefits during international travel.
• Complimentary Youth Card: Offered by Visa, catering to the needs of young travelers and students.

How to Manage the Card

• Fund Loading: Funds can be added to the Forex Card through a simple process.

Forex Card Review

The ICICI Bank Multi-Currency Forex Prepaid Card is highly recommended for frequent international travelers due to its convenience, security, and value. Customers appreciate its multiple currency support and quick services, making international trips stress-free and enjoyable. It offers a perfect blend of convenience, security, and savings, making it an excellent companion for global journeys.

Important Product Details

• Card Name: ICICI Bank Multi-Currency Forex Prepaid Card
• Issuing Bank: ICICI Bank
• Currency Support: Features 15 wallets for different currencies in a single card.
• Contactless Payments: Supports contactless transactions at PayWave enabled merchants.
• Fees: Zero joining and annual fees.
• Security: Enhanced security with 3D Secure and CHIP & PIN technology, and an embedded microchip.
• Exchange Rates: Offers fixed exchange rates.
• Lost Card Protection: Includes lost card liability coverage of up to ₹5,00,000.
• Additional Benefits: Complimentary international SIM card and Youth card, both offered by Visa.
• Network Acceptance: Operates on the Visa network (indicated by PayWave and Visa offers).

Other Details

• International SIM Card Availment Process:
  • Eligible cardholders can log in using their card number and other details on the Visaforex portal.
  • They can check the validity of the benefit using their card number.
  • After logging in, a unique code can be copied from the offer tile to visit the e-SIM/SIM card vendor's platform.
  • Cardholders select their preferred call plan details on the vendor's platform.
  • An e-mail will be sent to complete the KYC process by uploading necessary details.
  • Upon KYC completion, an option to select an e-SIM or a physical SIM card will be available.
  • For an e-SIM, a QR code is sent via e-mail for activation (compatible phones list available on the platform).
  • For a physical SIM card, cardholders must enter their delivery address and pay a delivery charge of ₹100.
• Customer Testimonials: Customers praise the card for its multiple currency support, quick services, convenience, security, and value for international travels.
• Further Information: Additional details and terms are available in the Most Important Terms & Conditions (MITC).