CARDS & PAYMENTS | Tony Chua, India

HDFC Bank starts issuing ForexPlus Platinum Card

The card has been tagged as the premium forex card for the global Indian.

HDFC Bank has become the first major Indian bank to offer a premium prepaid traveller's card called ForexPlus Platinum Card. It’s a chip-based card that offers best-in-class security by making card data immune to skimming.

The ForexPlus Platinum Card is also the only prepaid traveller’s card that offers a 0.5% cash-back on purchases made. For instance, if a customer spends Rs 2 lakh on the card, he will be entitled to a cash-back of Rs 1,000. Also, it is the only Platinum Travel Card in the industry that offers free Lounge access across major International airports, thus going that extra mile in making the customers’ International Travel a pleasing experience.

Available in all three major international currencies, Dollar, Euro, Pound, the card offers reload facility even when the cardholder is abroad. However, the Bank’s other ForexPlus card offers 10 currencies.

But what really sets ForexPlus Platinum apart is the fact that it enjoys the support of the industry’s best netbanking features like online back-up card activation, online hotlisting, statements and e-commerce transactions. Additionally, the user can use the Free SMS alerts across the world on his local destination mobile number, thereby making him alert to all transactions made on the card. The mobile number registration and change can be done easily at the HDFC Bank website. A free back-up is provided in case of any accidental loss, and in the event of the loss of the primary, the user can simply hotlist the primary card, and transfer the balance to the activated backup card, thus ensuring a hassle-free travel. On return to India, the balance on the card can easily be converted to the INR at very competitive rates.

With this initiative, HDFC Bank now has another offering that will be useful to the high-flying Global Indian.

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