subject: Benefits Of India Travel Card [print this page] Are you planning your summer tour across the seas? If Yes! You spend time on planning your tour. You must give yourself a time to think about money management too.
Of course! You do carry your travelers cheques internationally. Sometimes, your travelers cheques do not work out in every country when you are in medical emergency because you definitely need some cash. For instance, you need to deposit cash at very point when you are at the admission counter of any Indian hospital, though you can use credit cards but it does not work out every time. For roadside rail and tram rides or for expenses such as hotel payment or car rentals, credit cards are there to help you out in making payments against such bills. For other expenses, you can carry a pre-paid travel card.
Pre-paid travel card can be loaded from your respective banks. Banks like ICICI, Axis, and American Express etc. load your travel card in India with different currencies. When you load your travel card, you lock into the exchange rate prevalent on the day you buy the card. Axis Bank claims that it is the first Indian Bank to launch such secured prepaid card instrument in India. With this card, the traveler can avoid issues such as loss of currency, thefts, frequent currency fluctuations and also access Indian rupees anytime, anywhere without having to find a money changer/branch.
US dollar is widely accepted currency across the world. You have to shell out more for every dollar if rupee is depreciating. You have to pay currency conversion charges every time you swipe your credit/debit card. On the other hand, it is only one time charges you have to pay for travel card. Several Banks give offer for travel cards with different services. You dont need to have an account with such banks from which you are availing the services of travel card. It is your choice to choose the best one which meets your demands.
Skimming crime is registered highly in many countries. You swipe your Debit/Credit card frequently when you are travelling. Skimmers keep an eye on such transactions in which the huge amount is involved. The chip cards can stay you away from such skimmers. You can always load limited money in your travel card which comes with in-built chips. In that case, skimmers cannot read the data of your card easily.
In case your travel card is lost or compromised. Some banks such as Axis and Kotak issue the back-up/secondary card it can be activated immediately in case you lose your primary card.
Bank refunds the balance amount once your journey ends or you are ready to back your home. You can get your refunds from any of banks outlet. Axis India Travel Card is available over 1,600 Bank branches and also at reputed Money Changers in the country, who has network of more than 400 branches at key tourist locations
Banks offer many features with these travel cards including shopping, buying Air/Train tickets, hotel booking. Cosmic Travel Hub provides free Axis Bank India Travel Card which is a VISA signature based prepaid card loaded upfront with encashment of foreign currency in the form of currency notes and travelers cheques.
by: Siddharth
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