5 Reasons to Carry a Student Forex Card While Studying Abroad
Oct 19, 2022
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With the developing and progressing educational scenario in India, the idea of studying abroad is becoming more and more prevalent amongst the youth. Universities abroad are opening up doors for international students to offer a diverse culture on campus. Courses are designed keeping in mind the international students and with current and most relevant subjects.Moving abroad to a different country can bring a big culture shock for most students. Even with the increasing chances of finding like-minded people and fitting into different communities, the initial stage of settling into a new place can be daunting. One of the most common issues faced by students abroad is from the monetary perspective. Getting acquainted with a new currency and economy can be challenging, especially keeping track of the changing currency exchange rates. One of the easiest and most common ways to overcome the international currency exchange challenge is by having a forex card while travelling. Student forex cards are convenient, handy, and can be used globally. Here are a few reasons why a forex card is a must-have for all international students.
Offers a good exchange rate
IndusInd provides some of the best exchange rates for over 14 international currencies, including the US Dollar, the British Pound, the Singapore Dollar, the UAE Dirham, the Euro, the Australian Dollar, the Japanese Yen, etc. So no matter where you are planning to study, we have all the major geographies covered. What’s even better, is that the money can also be converted back into Indian Rupees whenever you’re visiting back home.
Can be recharged anytime, anywhere!
Student life can be hard sometimes, especially when we’re living off income from our parent’s hard-earned money. The forex card can be recharged anytime at your convenience. In case you’re running short on cash, you can also ask your family back home to do this easily through net banking, and your card can be ready to use by utilizing InstaReload from the IndusForex portal. Loading your card is a matter of a few simple steps as long as you can access the phone app or the website.
Can be reissued in case of an emergency
Cards can be and are easily lost, there’s no denying that. But there’s nothing to worry about! The IndusInd forex card can easily be reissued and couriered anywhere in India. We have an easy and convenient replacement option in case of such an issue. You can even collect your reissued IndusInd forex card from the bank branch from where you purchased the original card from.
You can beat the currency fluctuation!
With the constant rise and fall in conversion rates, we tend to become quite apprehensive about how much buying another currency will cost us. More often than not, it could get more expensive with the depreciation of a currency. To avoid this, we offer you the option of paying the amount of only 5% and booking your rate; this allows you to pay the balance amount later at your convenience. This will also offer you the same conversion rate at the time of withdrawing money from ATMs.
Making secure payments
Forex cards allow you to make secure and safe payments internationally in foreign currency. The card only allows protected and encrypted payments which makes sure all the transactions you make are safe. In case of loss of the card, you need to block it immediately, and IndusInd will make sure it is not misused in any way. The card secures your details and money against any fraudulent transactions. Further, carrying your forex card is a much safer option than carrying cash when abroad. For any card-related issues that you may face, you can resolve them with the help of our online customer service helpline.
The IndusInd forex card is the fastest and easiest way of carrying forex money for anyone travelling abroad, especially students. It can be obtained and accessed from the comfort of your home, with minimal paperwork! The card is a trustworthy way of handling your expenses and income outside the country, which gives you one less thing to worry about in the hustle of international travelling. With this aspect sorted, it leaves you with more time to focus on other things. Our student forex card is designed considering the requirements of students living in international university campuses. Once your forex card has been issued, you can travel and live abroad without worry. The card can be used for multiple currencies and exchanges simultaneously, so you needn’t limit yourself to only one. Get your IndusInd forex card today!