Axis Bank Multi-Currency Forex Card

Axis Bank · prepaid forex card · Open to buy

Axis Bank's standard forex card: 16 currencies, free to buy and reload online (₹300 and ₹100 a currency at a branch), ATM fees in each currency and a 3.5% cross-currency markup.

Currencies
16 currencies: USD, EUR, GBP, SGD, AUD, CAD, SEK, JPY, CHF, AED, SAR, THB, HKD, NZD, ZAR, DKK
Cross-currency markup
3.5%
Issuance
₹300 at a branch, Nil online
Reload
₹100 at a branch, Nil online
ATM withdrawal
USD 2.25, EUR 1.69, GBP 1.41
Data
From bank documents, checked 6 Nov 2026

Where the sources disagree

  • Use in India: The T&C says the card is not valid in India, Nepal and Bhutan, and FAQ 28 agrees; FAQ 10 says it can be used in India for online transactions in foreign currency.
  • Eligibility: The T&C lets residents and NRIs buy the card; the FAQ says an Axis Bank account is needed.

Not in these numbers

  • Loads, reloads and refunds are at the bank's card rate on the day ("As per Bank's Card Rate"); no margin is published, so the comparison leaves it out.
  • No inactivity, closure or declined transaction fee is in the current sheet. An Axis "revised charges" sheet of 2020 that names no card listed an inactivity fee (USD 5 after 36 months without activity); no notice says whether it applies to this card or was dropped.
  • Validity in years is not published ("valid up to the last day of the month / year indicated on the Card").

Sources

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