May 14, 2018: Thomas Cook India offers a travel card that you carry just like your bank ATM card or credit card and use it outside of India except Bhutan and Nepal.
This card is known as Borderless Multi Currency Prepaid card although you can also opt for single currency prepaid card.
INTERNATIONAL DEBIT/CREDIT CARD VS. THOMAS COOK TRAVEL CARD
When you travel with your bank's international debit card or credit card and use it in other countries, there are several additional charges that you may end up paying including
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Issuance fees: this is charged when you get it the first time in India from your bank
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Withdrawl fee: each time you withdraw money from an ATM overseas which could range from Rs. 500 to Rs. 1000
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Merchant fees: around 3.5% per transaction
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Forex conversion charges: The disappointing part is that when you use your bank's card, you will have no idea what the prevailing forex rate is when your card is charged, unless you check with your bank. If you use your card on daily basis overseas, do you really have any time to find out what the prevailing forex rates are? You are going overseas to enjoy your holidays or for important business purposes and most likely you wouldn't want to waste time on such trivial matters.
With Thomas Cook's Borderless Multi Currency Prepaid card or simply Thomas Cook Travel Card, you know how much the foreign currency is costing you when you load your card. There are no transaction fees or any other hidden fees when you use your card at any ATMs overseas where Mastercard can be used - which means most ATMs, or when you use at at POS (Point of Sale) i.e. at stores or even to purchase something online.
This makes it all the more worthwhile to get the Thomas Cook prepaid card.
FRAUD PROTECTION
Thomas Cook card comes with an insurance cover against any fraudulent activity on the card up to USD 10,000.
CHECK YOUR BALANCE ONLINE
You can use Thomas Cook's app or website to get information about the balance on your card, current forex rates, reloading your card, currency calculator and branch locator.
GET ASSISTANCE
You can visit any Thomas Cook branch worldwide to get any help with your card, for example, you can get a new card in case you lose your existing one at no extra cost. Thomas Cook has branches worlwide.
There is also 24x7 assistance available by phone including emergency services.
LOAD MULTIPLE CURRENCIES
You can load one or more currencies on your card so that if you are visiting more than one country, you don't need to worry about getting a new currency card. You can load USD, Euro, Australian Dollar, Canadian Dollar, Swiss Franc, GB Pound, Japanese Yen, Singapore Dollar.
HOW TO USE IT
Use it to shop at stores, withdraw cash from ATMs, or for online shopping.
To know more, visit https://www.thomascook.in/foreign-exchange/borderless-prepaid-multicurrency-card or call 1800-2099-100 in India
HOW TO BUY THOMAS COOK TRAVEL CARD
Buy a card online and pay via debit card, credit card or net banking. You can have it delivered to you in India or it can be picked up from a branch.
Overall it is a good idea to travel with a Thomas cook travel card. You can always carry your international debit or credit card as a back up.
Please confirm with Thomas Cook India as the above information and their terms and conditions regarding their prepaid card can change anytime.