HDFC Bank Multicurrency ForexPlus Card Review

HDFC Bank Multicurrency ForexPlus Card

  • Features & Rewards
  • Offers Availability
  • Card’s acceptance
  • Customer Care & Issue Resolution


Multicurrency Platinum ForexPlus Chip Card from HDFC Bank easily ranks amongst the top multi-currency forex cards in India. It has got the highest foreign currency load (22) in the segment – the distinguishing feature of this card. Other facilities make your life worry-free when you travel abroad. So, yes, this card is highly recommended by FinCards and should be in your wallet !!


There are many Multicurrency Forex cards available in India but none come close to this card. The HDFC Bank Multicurrency ForexPlus Card gives customers the facility of loading up to 22 foreign currencies which makes this card extra special.

We will discuss the advantages and disadvantages of the card. It will help you in making decisions about this product. There are other forex cards available from HDFC Bank, we will be reviewing them as well. Keep watching our space for further information.

HDFC Bank Multicurrency Platinum ForexPlus Chip Card

Highlighting Feature

You can load – HDFC Bank Multicurrency ForexPlus Card – with foreign currencies of 22 countries across the world.

Fees & Charges of HDFC Bank Multicurrency ForexPlus Card

Fees CategoriesCharges
Issuance FeeINR 500 with applicable taxes
Reload FeeINR 75 with applicable taxes
Re-issuance of Card FeeINR 100 with applicable taxes

Sr NoCurrencyATM Cash Withdrawal FeeBalance Enquiry FeeDaily Limit for ATM Cash Withdrawal
1US Dollar (USD)USD 2.00USD 0.50USD 5000
2Euro (EUR)EUR 1.50EUR 0.50EUR 4700
3Swiss Franc 
(CHF )
CHF 2.50CHF 0.60CHF 5000
4British Pound (GBP)GBP 1.00GBP 0.50GBP 4000
5Canadian Dollar (CAD)CAD 2.00CAD 0.50CAD 6600
6Australian Dollar (AUD )AUD 2.00AUD 0.50AUD 6800
7Japanese Yen (JPY)JPY 250.00JPY 60.00JPY 580000
8Singapore Dollar (SGD)SGD 2.70SGD 0.75SGD 7000
9UAE Dhiram (AED)AED 7.00AED 2.00AED 18000
10Swedish Krona (SEK)SEK 15.00SEK 3.50SEK 45000
11Hong Kong Dollar (HKD)HKD 16.00HKD 4.00HKD 38000
12Thailand Baht (THB)THB 63.00THB 16.00THB 178000
13South African Rand (ZAR)ZAR 22.00ZAR 5.50ZAR 67000
14New Zealand Dollar (NZD)NZD 2.50NZD 0.60NZD 7100
15Omani Riyal (OMR)OMR 0.70OMR 0.25OMR 1900
16Danish Krone  (DKK)DKK 11.00DKK 2.75DKK 35000
17Norwegian Krone  (NOK)NOK 12.50NOK 3.25NOK 42000
18Saudi Riyal (SAR)SAR 7.50SAR 2.00SAR 18600
19Korean Won (KRW)KRW 2400KRW 600KRW 5800000
20Bahrain Dinar (BHD)BHD 0.75BHD 0.20BHD 1800
21Qatari Riyal (QAR)QAR 7.50QAR 1.80QAR 18000
22Kuwait Dinar (KWD)KWD 0.60KWD 0.15KWD 1500

Eligibility Criteria of HDFC Bank Multicurrency ForexPlus Card

To get a Forex Card, just visit a branch with the following documents:

  • Self-attested copy of valid passport
  • Self-attested copy of valid VISA or ticket
  • Address proof, if the resident’s address is different from the address mentioned on the passport
  • Additional documents needed for non-HDFC Bank customers: a) Cancelled cheque/passbook/recent statement and b) Copy of statement – showing application payment for ForexPlus card

Anyone can apply for a Forex Card—no need to be an HDFC Bank customer

Limit of Amount to be loaded on ForexPlus Cards as per FEMA Guidelines

A cardholder can load the amount of USD 250,000, per financial year, on the card.

Benefits of HDFC Bank Multicurrency ForexPlus Card

HDFC Bank Multicurrency Platinum ForexPlus Chip Card has multiple features which will definitely bring smiles to their faces. We can discuss them one by one as follows:

Protection against Foreign Exchange fluctuation

This card can be loaded in 22 currencies, furnishing protection against exchange rate changes in the future. The Multicurrency card can be used to withdraw cash or use the card at the Point of Trade (POS) terminal in any currency anywhere in the world. For deals carried out in a currency available on the card, you’ll be covered against foreign exchange rate change.

Available in Australian Dollar, AED (Dirhams), Canadian Dollar, Euro, Hong Kong Dollar, Japanese Yen, Singapore Dollar, Sterling Pound, Swiss Franc, Swedish Krona, Thailand Baht, South African Rand, Oman Riyal, New Zealand Dollar, Danish Krone, Norwegian Krone, Saudi Riyal, Korean Won, Bahrain Dinar, Qatari Riyal, Kuwait Dinar and US Dollar currencies, all 22 currencies on just one card.

Additional security with a temporary card-blocking facility

Multicurrency ForexPlus card comes with a temporary block/ open point. You can block the card using the Prepaid Net Banking feature when the card isn’t in use and open it whenever you’re travelling & need to use the card.

In case your card gets lost or stolen, you can block the same with the help of the Prepaid Net Banking feature or by calling 24×7 HDFC Bank Phone Banking.

E-Commerce transactions

Multicurrency Platinum ForexPlus Chip Card allows an E-commerce facility to make payments towards shopping done on online websites/shopping portals. Once the card is activated and loaded with the required Forex currency, your card is ready for use.

Load & Reload Facility on HDFC Bank Multicurrency ForexPlus Card

This card can be loaded through:

  • Online – Quick Reload – load your card in 3 simple steps, from anywhere in the world. No need to remember passwords, just need your card number.
  • HDFC Bank Net Banking and HDFC Bank Phone Banking
  • HDFC Bank Branches

Online Reloading of cards is available for existing HDFC Bank customers only

Complimentary Insurance Cover

Insurance CoverageMonetary Benefit
Protection against misuse due to counterfeiting / skimmingup to INR 5,00,000
Road/Rail Accident Insurance (Death cover only)up to INR 2,00,000
Air Accident Insurance (Death cover only)up to INR 5,00,000
Loss of checked-in baggage coverup to INR 20,000
Loss of personal documents (only Passport reconstruction)up to INR 50,000
Loss of Cash in Transitup to INR 60,000

Drawbacks of HDFC Bank Multicurrency ForexPlus Card

This card is a very thoughtful product from HDFC Bank. Nothing to complain about there. We wish that if a rewards system can be applied to this card, the practicality of this card would increase which would attract customers more.

If you are interested to know more about its features and offers –

Please read the other posts:

2 thoughts on “HDFC Bank Multicurrency ForexPlus Card Review”

  1. Hello, can you give some more detail about HDFC Multicurrency card like If we add money so what are currency exchange rate like form INR to CAD we load money what are the exchange rate apply. Pos and merchant paying any extra charges apply or tax?

    1. Hi there, Raj !! As of June 26, 2023, the currency exchange rate for CAD(Canadian Dollar) from INR is 61.56 .. Also, when you do transactions on the POS terminals anywhere in the world, you will be charged GST and nothing else ( Keep in mind – For transactions carried out in a currency available on the card, you will be protected against foreign exchange rate fluctuation)

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