Here’s Why Forex Travel Card is the Best Option for Overseas Students
Going abroad to study is one of the fascinating experiences that most students look forward to, but it can be challenging at the same time. Out of all the concerns, the main problem for students is how to deal with the cost element, as handling finances overseas might not come easy. But students can make life easy by having the best forex card.
Thomas Cook offers an ideal forex card that is designed to keep in mind the unique needs and requirements of students studying abroad.
Basics about forex card
A forex card from Thomas Cook is a simple and prepaid card that comes loaded with cash besides complimentary insurance cover protection against change in the currency price and many other things. If students are looking for the best forex card, then they need to look no further as Thomas Cook is their go-to option. Thomas Cook promises a 2-hour forex card delivery, making it easy for students to order it.
Additionally, the company also promises to transfer money anywhere globally in just 6 hours, provided all the documentation is clear. Thomas Cook will help students with money transfers even after banking hours. To ease out the KYC process, Thomas Cook offers video, so all the processes are completed virtually. Thomas cook makes the best forex card company undoubtedly.
Why should students use forex travel cards?
Foreign institutions globally are opening doors to international students with relevant qualifications. It has led to a massive rise in Indian students heading abroad to enhance their career prospects. Better college infrastructure and vast opportunities primarily prompt the students to study overseas. Studying overseas mainly includes several expenses like electricity bills, house rent, commuting costs, etc. At first glance, the traveler’s cheque and debit cards might seem a great option, but exorbitant service fees associated with these methods can be gone on the side of budget-conscious students. On the flip side, a prepaid forex card from Thomas Cook is undoubtedly a reliable travel companion.
Helps students dodge unnecessary expenses
When students rely on the forex card for international expenses, high transaction expenses become a thing of the past. However, you must know that a surcharge of 3.5% is generally applicable on international debit or credit card usage. Additionally, the story does not end here, as banks have been infamous for including hidden charges in debit cards to rip off the customers even without their knowledge.
While the forex cards from Thomas Cook can help cut down all such overseas transaction charges. Students who rely on the forex card to transact in a foreign currency will not be subject to fluctuating exchange rates. It is because the foreign currency loaded on the card is loaded at a fixed rate that you are already aware of. Students can also get exclusive discounts when they choose to use forex cards.
Support for different currency ranges
The top priority for all the students today planning to study abroad is to ensure a hassle-free travel experience. Additionally, students also participate in some exchange programs and regularly travel to different countries can benefit from this card. The reason is that the forex card provides seamless support for at least 16 currencies. The forex cards offered by Thomas Cook are accepted in all parts of the world, including physical stores and eCommerce websites. The best part about the forex card is that students can load it at zero margin rates which assures better savings in the future.
Seamless expense tracking
Thomas cook indeed makes the best forex card for Indian students as students can keep track of their expenses. In today’s world, theft and fraud are pretty prominent. What makes a forex card different from other mediums of foreign exchange rates is the top security features. When students go for forex cards, they can have a guaranteed Peace of Mind as it boasts both chip and pin protection for better safety against theft. Moreover, all the information is encrypted within the chip embedded in the card, allowing the students to remain safeguarded against fraudulent activities, including skimming.
Generally, it is seen that students spend a lot more than they should, due to which their budget is significantly impacted. But this concern must not bother students as forex cards come with a simple expense tracking mechanism. Whenever a student makes a transaction with the forex card, they will be notified of it through electronic mail or text messages. It allows the students to focus on their studies without stressing about expenses taking a toll on their budget.
Instant cash support during emergencies
The best part about an international forex card is that it gives instant cash support during emergencies. Students are generally advised to carry paper money besides a forex card. A forex card can always come to your rescue if you become a victim of fraud and lose cash. But if you are out of luck and what if the forex card gets stolen. If your overseas stay is of small duration, then this might not be a significant issue. But the matter can surely escalate in an instant if you are likely to stay abroad for a long time pursuing your higher studies. Besides a robust theft protection mechanism, the forex card from Thomas Cook also offers immediate cash support during emergency times. The leading foreign exchange providers provide emergency cash assistance for stolen cards in significant countries.
Additionally, if students experience any delay or issue with the forex card, they can connect with Thomas Cook’s helpline number to receive proactive solutions to their queries.
Easy to carry around international trip
Several people believe that hard cash is an excellent substitute for travel forex cards. The issue with hard cash is that it is convenient to carry. Unlike heavy wads of cash that occupy a lot of space, your bank cards are easy to carry around as they are slim and lightweight.
Several students immigrate to foreign countries every year with the ambition to pursue higher education. Studying in a prestigious foreign university that you have always dreamt of can pave the way for a unique experience. Students can use the forex card and manage expenses easily.
