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Friday, March 29, 2024

7 things you need to know about IndusInd Bank Multicurrency Travel Cards for Students

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In this age of globalization, the world is becoming one as a whole. Travelling to different countries no longer feels like an alien concept, and is becoming increasingly common. Whether it be for tourism or work, travelling across continents is now more of a requirement than a luxury. With the growing number of youngsters moving abroad for study purposes, a major part of our youth population is now applying to international universities. As much as this is exciting, it can also be challenging in a lot of ways. Amongst the other many requirements to live abroad, finding an easy mode of payment and carrying foreign currency is a major concern. Luckily, travel cards, and especially multicurrency travel cards, seem to be a simple solution to this problem. Long gone are the days when we used to manually exchange currency with a money exchanger or issue traveller cheques before travelling abroad. Now, all you have to do is buy forex by crediting it to your forex card! 

Here’s a quick guide on everything you need to know about multicurrency travel cards and their benefits:

  1. InstaReload:

It has always been a big hassle for travellers abroad to arrange some quick funds in case of any emergency situations. With the InstaReload feature for their multi-currency travel cards, users can instantly reload funds. This feature is aimed to benefit users with immediate access to funds to tackle any emergency situation.

  1. Study + Recreation
    Don’t limit your time abroad only to studying! Studying abroad can be stressful because, in addition to living alone in a different country, managing chores and assignments, and studying, students also tend to feel homesick quite often. Travelling in and around can give you not only a good, much-needed break, but also can add some fun and adventure to student life. Having a multicurrency travel cards opens up more destinations for you because you can easily load your card with the currency of the place you are travelling to.
  2. Easy and convenient
    Right from applying for a forex card to using it, everything about it minimizes effort and hassle. You can apply for the IndusInd forex card online via the IndusForex portal and have it delivered to you as per your convenience. Instead of visiting a branch, you can simply complete your order online. 
  3. Secure transactions
    It offers immense monetary security as your card is protected by your pin, which can be changed whenever you like. Further, in case of theft or loss of a card, it can be easily blocked and replaced with a new one. IndusInd provides 24×7 global customer assistance. Further, your card needn’t necessarily be linked to any of your bank accounts, so you can rest assured that your bank account is safe in case of your card theft. In addition, you can enable the option of getting notified via text or email every time a transaction is conducted using your card, making you aware of your card activity and protecting you against unauthorized use of the card. 
  4. Cost efficient
    Buying international currencies through a forex card is far more cost-effective than doing so through a money exchanger, as a card provides less expensive exchange rates. Further, you can avoid exchange rate fluctuations and variances with the locked-in rates feature. 
  5. On-the-go solution
    Reloading, activating, blocking, etc. of the card can be done in a matter of seconds using the IndusForex portal, anytime and anywhere. This makes it very handy. The card can also be loaded by your family in case you cannot access money, making it a good backup in many ways. You can fully manage your card online. 
  6. One card, multiple functions!
    Your multicurrency travel card is multipurpose too! It can be used to make payments for food, entertainment, and recreation as well. Right from buying bus passes to withdrawing money from international ATMs, your card allows you to switch between multiple currencies. You can continue using the card for many years in multiple geographies until its validity expires.

A travel card is almost a necessity now while travelling abroad, especially for students. It is a one-stop solution for multiple issues. It saves you from the hassle of manually exchanging money and allows you to do it at your fingertips. You can switch from one currency to another in a matter of seconds and simply swipe or tap it like a credit card and make instant payments. Further, upon returning to your home country, you can get your balance amount encashed if you no longer need it. A multicurrency forex card is the perfect travel partner. To know more about the IndusInd multicurrency travel card for students, please visit your nearest IndusInd branch or visit the online portal https://indusforex.indusind.com/

(ThePrint ValueAd Initiative content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.) 

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