Quick Answer: Can You Load Forex With Credit Card?

Can I load money from credit card to forex card?

To reload the card, you can visit a branch of the bank, fill the Forex Reload form or A2 form and submit a cheque or debit instruction for the amount to be reloaded.

As an account holder, you can also use NetBanking to reload your card anywhere, anytime, even when you are abroad..

Can forex card be used for online payments?

You can use your Forex Card to pay for online transactions in stores abroad. The process is similar to using a credit card online, and the advantage is you don’t have to pay cross-currency charges. … Load it once (in USD) and use it to pay for your expenses anywhere in the world.

How do I redeem my forex card?

Follow these simple steps if you wish to transfer funds from your forex card to your bank. If you have an HDFC Bank Savings account: You can transfer the money from your HDFC Bank ForexPlusCard to your bank account by calling the PhoneBanking. All you will need are your ForexPlus Card number and your customer ID.

Can I use a credit card to load a prepaid card?

You can buy a prepaid card with a credit card, but you can’t load it with a credit card. … But if you buy a prepaid card in a store, it may cost you some money. That you can pay with a credit card. As for loading prepaid cards with funds, you have to use a bank transfer, check, or cash.

Is forex card a debit card or credit card?

A forex card is your best friend on your travels abroad. … Think of a forex card as a prepaid travel card that you can load with a foreign currency of your choice. You can use a forex card just like a credit or debit card to pay for your expenses in a local currency abroad. You can withdraw local cash from an ATM.

How do I add money to forex?

Investors can simply log in to their respective forex accounts, type in their credit card information and the funds will be posted in about one business day. Investors can also transfer funds into their trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Can you load a netspend card with a credit card?

You can’t add funds to your Netspend account using a credit card.

Which bank forex card is best?

Below are some of the best forex cards in India that you might want to have a look at. YES Bank Multi-Currency Travel Card. Axis Bank Multi-Currency Forex Card. MakeMyTrip HDFC Bank ForexPlus Card. ICICI Bank Travel Card. HDFC Regalia ForexPlus Card.More items…

Is it better to carry cash or forex card?

Prepaid forex cards have better exchange rates than carrying cash around. Therefore, you can buy more foreign currency in a prepaid forex card than as cash, with the same amount of money. … Prepaid forex cards are a safer option for studant rather than carrying cash around.

Can I get forex card same day?

You can apply in just three easy steps. If you are not a Savings customer, follow the steps outlined in the Forex Card online application form and, after successful completion, you can get your card delivered at your doorstep in three days. If you choose to personalise your card, you may have to wait for a week.

Can you load a Greendot card with a credit card?

Green Dot accounts can be loaded and reloaded in a number of ways. The most common method of loading is via Green Dot MoneyPak. … However, with a Visa credit card account, you will need to contact your card service provider to request a cash advance.

How do I activate my forex card?

When can I start using the card?You can commence the usage of the card once the same is activated. … Ensure that you receive the PIN and sign on the signature panel at the back of the card.Change the PIN and check the balance on the card at any Axis Bank ATM before your departure from the country.

Can you load a Walmart Money Card with a credit card?

Available in either Visa or MasterCard versions, the card can be used not only at Walmart but at any retailer that accepts Visa or MasterCard. … You can add money to the card through direct deposit; by reloading it at a register, cashing a check at Walmart, or by using a Walmart money center express machine.

What is the difference between forex card and travel card?

A forex or prepaid travel card is a pre-loaded card that allows you to access money in a foreign currency. The card can be loaded with one or multiple currencies; some let you load up to 15 currencies. It allows you to withdraw cash in foreign currency, check your balance and pay for shopping in foreign currency.

What are the charges for forex card?

“For amount spent abroad using Indian credit card, the fee will differ from issuer to issuer, merchant to merchant and currency to currency but would consist of conversion charges ranging from 3.50% to 5.00% and if credit card is used for withdrawal of foreign currency from ATMs abroad an additional withdrawal charge …