HDFC Multicurrency Platinum ForexPlus Chip Card Review

By | March 2, 2021

ForexPlus card is designed by many of the firms out there. But after looking at most of them we found HDFC card as best among all to talk about.

HDFC Multicurrency Platinum ForexPlus Chip card is designed for frequent travelers, students or individuals who want to shift abroad.

You can load multiple currencies in a card at a time. The currency conversion rates is also low. HDFC has also provided a video mentoring how to use ForexPlus Card.

HDFC Multicurrency Platinum ForexPlus Chip Card

You can check this video and can get a basic idea about its operating.

HDFC Forexplus Card Fees & Charges

Type of FeesAmount
Issuance FeeRs.500+GST
Reload FeeRs.75+GST
Re-issuance of card FeeRs.100+GST

Transaction Charges

CurrencyATM cash withdrawal feeBalance Enquiry FeeDaily Limit for ATM Cash Withdrawal
US Dollar (USD)2.00USDUSD 0.50USD 5000
Euro (EUR)1.50EUREUR 0.50EUR 4700
Swiss Franc 
(CHF )
2.50CHFCHF 0.60CHF 5000
British Pound (GBP)1.00GBPGBP 0.50GBP 4000
Canadian Dollar (CAD)2.00CADCAD 0.50CAD 6600
Australian Dollar (AUD )2.00AUDAUD 0.50AUD 6800
Japanese Yen (JPY) 250.00JPYJPY 60.00JPY 580000
Singapore Dollar (SGD)2.70SGDSGD 0.75SGD 7000
UAE Dirham (AED)7.00AEDAED 2.00AED 18000
Swedish Krona (SEK)15.00SEKSEK 3.50SEK 45000
Hong Kong Dollar (HKD)16.00HKDHKD 4.00HKD 38000
Thailand Baht (THB)63.00THBTHB 16.00THB 178000
South African Rand (ZAR)22.00ZARZAR 5.50ZAR 67000
New Zealand Dollar (NZD)2.50NZDNZD 0.60NZD 7100
Omani Riyal (OMR)0.70OMROMR 0.25OMR 1900
Danish Krone  (DKK)11.00DKKDKK 2.75DKK 35000
Norwegian Krone  (NOK)12.50NOKNOK 3.25NOK 42000
Saudi Riyal (SAR)7.50SARSAR 2.00SAR 18600
Korean Won (KRW)2400KRWKRW 600KRW 5800000
Bahrain Dinar (BHD)0.75BHDBHD 0.20BHD 1800
Qatari Riyal (QAR)7.50QARQAR 1.80QAR 18000
Kuwait Dinar (KWD)0.60KWDKWD0.15KWD 1500
HDFC Multicurrency Platinum ForexPlus Chip Card Fees

HDFC Forexplus Card Cross Currency Charges

In case if you want to do transaction in a currency different then what is available in the card. The bank will charge cross currency markup of 2% on such transaction.

Even for cross currency transactions involving wallet to wallet transfers within currencies which is already available on Multicurrency ForexPlus card you will be charged with 3% cross currency charges.

Also Read
Amex SmartEarn Credit Card Review

HDFC Forexplus Card Eligibility

Any one can apply for forex card. Non-HDFC customers can also apply.

Limit which can be loaded on ForexPlus Cards is: USD250,000 per financial year

You can also use this card for making online payment on all e-commerce. For safety, transaction will be completed after putting OTP or Net banking password.

24X7 Personal Concierge

HDFC Multicurrency Platinum ForexPlus Chip Card Support
  • Hotel Referral and Reservations Assistance
  • Car Rental and Limousine Referral and Reservation Assistance
  • Gift / Flower delivery assistance
  • Medical Service provider referrals and Arrangement towards Hospital Admission
  • Lost passport & lost luggage assistance services
  • It can also arrange venue for Business Meeting & Event planning, and many more

Our Suggestion

Clearly this card is made for the people who are staying temporarily in other country. It does not mean that you can not get this card if you live in India. But there is no worth of having this if you live here only.

The best thing about this card is that it charges low cross currency fees. That is why it is suggested to take forex card if you’re moving abroad for long period of time like 1-3 years.

How to apply for forexplus card?

You can apply for the card in the following manner:

  1. You have to visit the HDFC website or nearby HDFC branch to apply for the card.
  2. Fill up all the information to apply for the card
  3. Submit all the necessary documents required for the credit card


  • Age: 18 years – 60 years
  • Occupation: Available for both self-employed as well as a salaried individual

The monetary requirement for the card has nowhere mentioned which means you have to first fill the application form for the card after which the bank will connect you for further proceedings.

Documents Required

  • Identity Proof: PAN Card, Aadhar Card, Voter’s ID Card, Driving License, Ration Card
  • Address Proof: Aadhar card, Voter’s ID, Ration Card, Electricity Bill, Lease/Rent Agreement, Utility Bills
  • Income Proof: Salary Slip of last 6 months
    • Bank Statement of last 6 months
    • ITR of an annual year

Bottom Line

No doubt it is an amazing card providing lots of features. But keep in mind this is a debit card and not a credit card. Hence some times it becomes expensive to use.

If you’re traveling to a country with a currency that’s not available on the card as you’ll be charged markup fees TWICE, first while loading, next while spending.

If you don’t want burden of this filling, refilling and charges. Then just simply go for credit cards which provides flexible support when it comes to international transaction.

But if you want a forex card with you then first learn everything about them, and then apply for it.


Whom to contact if my Card is lost or stolen?

In case if you lost/get stolen your card , all you are required to do is call HDFC Bank Phone Banking immediately and report the loss of your card to get it blocked.

How I can apply for HDFC Multicurrency Platinum ForexPlus Chip card?

To apply for Multicurrency card you are required to first clear out the eligibility criteria which is mentioned above. Once you verify that, you can now apply either online or by visiting nearest HDFC branch.

What is the interest rate charged on international transactions?

Interest is charged at 3.5% while making cross currency transactions with multicurrency card.

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