Personal Finance Tips

BookMyForex Card Review: Features, Charges, and Is It the Right Travel Card for You?

Yadana Chaw

08.12.25

Read time 3 minutes

When preparing for international travel, securing a good forex card is the easiest way to save money. While many prepaid cards exist, the challenge is finding one that suits your needs.

We'll review the BookMyForex card variants, their features, and fees in our guide. We'll also introduce you to the Wise Travel card, which allows you to hold 40+ currencies in on card and spend without any forex markups or hidden fees.

Table of contents
What is a BookMyForex Card? BookMyForex Card vs Wise Travel card: Features and benefits Charges How to apply for a BookMyForex Card Summary: Is the BookMyForex Card good for travelling? Meet the Wise Travel card: 40+ currencies in one card, with no forex markups or hidden fees

What is a BookMyForex Card?

The BookMyForex card is a prepaid forex card that is issued in partnership with leading banks (such as RBL or Federal Bank).¹Whether you are a student, tourist, or business traveller, BookMyForex offers two forex card variants, tailored to the purpose of your travel.²

Variant	Main features
Single Currency Forex Card	Ideal for students Load in USD Zero markup rates No cross-currency fees
Multi-Currency Forex Card	Ideal for tourists and business travellers Load up to 14 currencies Dedicated app for card management

Is BookMyForex Card safe?

BookMyForex is authorised by the Reserve Bank of India (RBI) as a foreign exchange service provider. The RBI regulates all forex transactions conducted through the BookMyForex card, ensuring compliance with FEMA regulations. All transactions are subject to FEMA regulations. The card offers security features like Chip and PIN and multi-factor authentication. Disposable virtual cards secure your online transactions.³

BookMyForex Card: Features and benefits

Let’s check out the BookMyForex card benefits and features, side-by-side with the Wise Travel card, a multi-currency card that lets you hold 40+ currencies with no forex markups.

	BookMyForex Single Currency Forex Card⁴	BookMyForex Multi-currency Forex Card⁵	Wise Travel Card
Currencies supported for loading	USD	14 currencies including USD and EUR	40+ currencies, including USD, EUR, and AED
Loading methods	Online through app/website	Online through app/website	Bank transfers via RTGS, NEFT, and IMPS
Complimentary Insurance Cover	Up to 150,000 INR	Up to 150,000 INR	NIL
Other Features	ISIC and IYTC cards issued to students	Use leftover balances in India in INR	Digital card for security

BookMyForex Card: Charges

Let’s discuss the BookMyForex card charges.

	BookMyForex Single Currency Card⁶	BookMyForex Multi-Currency Card⁷	Wise Travel Card
Loading/reloading/unloading Fees	No fee	No fee	A transparent fee applies
ATM withdrawal fee	No fee, but foreign banks and ATMs may charge some fees	Different fees for different currencies Foreign bank and ATM charges apply separately	Unlimited free ATM withdrawals up to USD 200 per month. For withdrawals above USD 200, USD$1.40 per withdrawal + 3.25% of the withdrawal amount
Balance Enquiry Fee	No fee	Different fees for different currencies For example, for USD - 1 USD	No fee
Card Issuance fee	No fee	No fee	460 INR + GST - waived until 10 Feb 2026 for delivery to Indian addresses
Card Annual Maintenance Fee	No fee	No fee	No fee
Cross-Currency Fee (for currency you don’t hold)	No fee	3.5% of the transaction value	Small transparent variable fee applies
Cash Disbursement fee	Not applicable	2% of the transaction amount	No fee
Inactivity Fee	Not applicable	No fee	No fee

BookMyForex states that it uses a zero markup interbank rate. It publishes the rate live on its website.

How to apply for a BookMyForex Card

You can apply for the BookMyForex cards online on their official website.⁹

Visit the BookMyForex website and click on the “Buy Card” option
Select your location and currency.
Enter the foreign currency amount to receive the Indian rupee (INR) equivalent.
Complete the application by entering details, such as travel destination, dates, and purpose of travel.
Upload the requisite documents, such as your passport, visa, air ticket, and PAN card.
Choose your delivery address and complete the payment.

BookMyForex offers same-day door delivery.

How to use the BookMyForex Card

You can use the BookMyForex card just like you would your international credit or debit cards.

Use it for online purchases on e-commerce websites.
Use it for in-store purchases at all merchant establishments that accept Visa cards.
Withdraw cash in foreign currency from all ATMs that accept Visa cards.

For example: Pay for your hotel reservation using the BookMyForex card.

Summary: Is the BookMyForex Card good for travelling?

Check out our pros and cons list below to help you decide if the BookMyForex card is suited for you.

Pros	Cons
Zero markup on exchange rates No issuance, reloading, or unloading fees	High cross-currency fee for spending a currency you don’t hold ATM fees

The BookMyForex cards are good options if your travels are limited to their supported currencies and you avoid frequent ATM use due to withdrawal charges. However, if you are traveling to countries with unsupported currencies (like VND, IDR, or PHP), the Wise Travel card is a better alternative. It supports 40+ currencies at the interbank rate and offers unlimited free ATM withdrawals, up to $200 USD equivalent monthly.

Meet the Wise Travel card: 40+ currencies in one card, with no forex markups or hidden fees

With no hidden markups, the Wise Travel card is a smart way to spend abroad. You'll always get the real interbank exchange rate for conversions across 40+ currencies. Wise's transparent, low pricing, plus no foreign transaction fees or forex markups, usually means you are getting the best value for your money.

The fully digital account opening and vKYC process allows you to sign up from the comfort of your home, and there are no annual or monthly fees either. Simply order your card, show proof of your travels, load your funds, and you're all set. Plus - card orders are currently free to Indian addresses (only until February 10, 2026)! A physical Wise card enables you to make secure chip and PIN payments and get some free ATM withdrawals while you're overseas. You can also instantly freeze or unfreeze your card in the app anytime for peace of mind.

Wherever your travels take you, the Wise Travel card is the only forex card you'll need to make spending internationally simpler and cheaper.

🚀 Get a Wise Travel card

Sources

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.