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Forex & prepaid travel card comparison

HDFC Bank Multicurrency ForexPlus Card vs Bank of Baroda TravelEasy Multi-Currency Forex Card

Compare HDFC Bank Multicurrency ForexPlus Card and Bank of Baroda TravelEasy Multi-Currency Forex Card using the controlling cost, balance, rate, tenure, liquidity, limits, eligibility and current first-party bank evidence for this product type.

Forex & prepaid travel card comparison

HDFC Bank Multicurrency ForexPlus Card vs Bank of Baroda TravelEasy Multi-Currency Forex Card

Compare the two source-backed records without collapsing unlike conditions into a winner score.

Latest underlying reviewSeptember 10, 2026
HDFC BankHDFC Bank Multicurrency ForexPlus Card

Multi-country travellers who want one prepaid card with a broad 22-currency wallet set and granular card/reload management rather than repeatedly converting through an ordinary debit or credit card.

Cost / pricing
₹500 + GST issuance. Branch reload is ₹75 + GST per reload transaction/currency; HDFC's current product page states no reload fee through its Prepaid/Forex online portal. ATM fees are currency-specific; USD wallet withdrawal is USD 2. Cross-currency markup is 2%.
Reviewed
September 10, 2026
Evidence
3 bank sources
Open product research
Bank of BarodaBank of Baroda TravelEasy Multi-Currency Forex Card

Travellers who primarily need USD, GBP and EUR and want a simple Bank of Baroda prepaid travel card with mobile wallet visibility, cross-wallet conversion and transparent published issuance/reload/ATM charges.

Cost / pricing
₹150 issuance, ₹55 reload and ₹150 standby card before applicable tax. ATM withdrawal is 0.9% of transaction value; cross-currency usage is 3%. Current service-charge page also lists ₹250 plus applicable foreign-currency conversion tax when cancelling/refunding the balance.
Reviewed
September 10, 2026
Evidence
3 bank sources
Open product research
Compare like with likeThese records share the same product type.
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bankingreference.info · Comparison research sheet

HDFC Bank Multicurrency ForexPlus Card vs Bank of Baroda TravelEasy Multi-Currency Forex Card

Prepared 14 Sep 2026 · Source page: https://bankingreference.info/compare-banking/hdfc-multicurrency-forexplus-card-vs-bob-traveleasy-multicurrency-forex-card/

General product research only. Recheck the listed first-party sources before acting because product terms can change after the recorded review dates.

Decision checkpoints

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Each checkpoint reproduces the recorded product fields instead of assigning a winner. Read the condition, scope and missing-data state before treating a difference as useful to you.

01Do the currency wallets and loading route fit your trip?Check wallet coverage and load/reload conditions for the named prepaid card.

HDFC Bank Multicurrency ForexPlus Card

Currencies / wallet format
HDFC currently markets Multicurrency ForexPlus with up to 22 currency wallets, including USD, EUR, CHF, GBP, CAD, AUD, JPY, SGD, AED, SEK, HKD, THB, ZAR, NZD, OMR, DKK, NOK, SAR, KRW, BHD, QAR and KWD.
Load / reload
₹75 + GST per branch reload transaction/currency on the current product page; HDFC states no reload fee when reload is done through the Prepaid/Forex online portal. NetBanking/Prepaid NetBanking/branch routes are supported subject to eligibility.

Bank of Baroda TravelEasy Multi-Currency Forex Card

Currencies / wallet format
Current TravelEasy product page supports three wallets: USD, GBP and EUR on a Visa Platinum EMV chip/NFC prepaid card.
Load / reload
Immediate activation after load; card is reloadable any number of times within the customer's FEMA ceiling. Current reload fee: ₹55 before applicable tax.
02Which conversion rules apply to the payment currency?Distinguish the loaded rate, cross-currency use and wallet conversion without deriving a combined cost.

HDFC Bank Multicurrency ForexPlus Card

Exchange rate
Load/reload/refund use HDFC's applicable forex/card conversion rate and statutory taxes. Same-wallet spending uses the loaded currency; cross-currency transactions use Visa/Mastercard wholesale/network conversion as applicable plus HDFC's stated markup.
Cross-currency
Current Multicurrency ForexPlus markup is 2% when transaction currency differs from the available card currency. The current schedule also applies 2% to wallet-to-wallet transfers between card currencies.
Wallet conversion
Wallet-to-wallet conversion is supported across eligible currencies, with the published 2% cross-currency charge and applicable mid/card rate. Wallet availability and order remain controlled by current card terms.

Bank of Baroda TravelEasy Multi-Currency Forex Card

Exchange rate
Foreign currency is loaded/refunded at Bank of Baroda's applicable card/forex conversion rate and tax treatment. Mobile app provides wallet visibility and cross-currency conversion capability.
Cross-currency
Current charge schedule lists 3.00% cross-currency fee. Use of a non-matching wallet/currency can therefore add conversion cost beyond the load-time rate.
Wallet conversion
Current mobile app supports cross-currency conversion among available wallets. The fee/rate applicable to that conversion remains governed by the current card schedule and bank rate.
03What fees and closure conditions remain?Check service fees and unused-balance refund or closure treatment.

HDFC Bank Multicurrency ForexPlus Card

Fees
₹500 + GST issuance; ₹75 + GST branch reload; ₹100 + GST back-up card on the current product page. ATM, balance enquiry and cross-currency charges are currency/transaction specific.
Refund / closure
Refund/cash-out converts the remaining foreign-currency balance under HDFC's applicable card/forex rate and tax treatment. Exact cancellation/encashment fee should be checked at request time.

Bank of Baroda TravelEasy Multi-Currency Forex Card

Fees
₹150 issuance; ₹150 standby card; ₹55 reload; USD/EUR/GBP 3 replacement; 0.9% ATM withdrawal; 3% cross-currency. Taxes/foreign-currency conversion tax apply as published.
Refund / closure
Current schedule states remaining balance refund after deducting ₹250 plus tax on foreign-currency conversion when cancelling/refunding to customer account.
Exact terms

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Banking product terms side by side for HDFC Bank Multicurrency ForexPlus Card and Bank of Baroda TravelEasy Multi-Currency Forex Card
Decision factorHDFC Bank Multicurrency ForexPlus CardBank of Baroda TravelEasy Multi-Currency Forex Card
Issuance / reload / travel-card costs₹500 + GST issuance. Branch reload is ₹75 + GST per reload transaction/currency; HDFC's current product page states no reload fee through its Prepaid/Forex online portal. ATM fees are currency-specific; USD wallet withdrawal is USD 2. Cross-currency markup is 2%.₹150 issuance, ₹55 reload and ₹150 standby card before applicable tax. ATM withdrawal is 0.9% of transaction value; cross-currency usage is 3%. Current service-charge page also lists ₹250 plus applicable foreign-currency conversion tax when cancelling/refunding the balance.
Loaded currency walletsPrepaid balances held across up to 22 foreign-currency wallets. Load/reload/refund conversion uses HDFC's applicable card/forex rate and taxes; the card is not a savings-account balance.Three prepaid currency wallets—USD, GBP and EUR—loaded under the customer's travel/FEMA limit. Bank of Baroda states both account holders and non-account holders can purchase.
Forex-card capabilities22 currencies in one card, contactless acceptance, online card management, PIN/block controls, multiple reload routes, back-up-card facility and currency-specific ATM limits.Immediate activation after load, Visa Platinum EMV/NFC, repeated reloads, ATM/POS/e-commerce acceptance, mobile balance display, cross-currency conversion, live ATM locator, SMS alerts and self-service channel enable/disable.
ATM / load / usage limitsCurrent HDFC schedule publishes currency-specific ATM limits, e.g. USD 5,000/day, EUR 4,700 and GBP 4,000; overall loading remains subject to applicable LRS/FEMA rules.Minimum initial load currently published as USD 200 / EUR 150 / GBP 150; minimum reload USD 100 / EUR 100 / GBP 100. Maximum load remains the applicable RBI/FEMA amount for the travel purpose.
Traveller / KYC eligibilityEligible resident travellers subject to KYC, travel-purpose documents and HDFC's current ForexPlus application requirements. Online reload is available to eligible existing HDFC Bank customers; branch routes remain available.Eligible account holders and non-account holders subject to KYC/travel/FEMA documentation. Retail users are limited to one active card per passport/ID; corporate customers can obtain multiple cards after each cardholder's full KYC.
Prepaid card / funding / regulatory relationshipStandalone prepaid forex-card relationship. An HDFC account can make online reload easier but does not turn the ForexPlus balance into an ordinary deposit-account or debit-card balance.Standalone Bank of Baroda prepaid forex product; no deposit-account relationship is required for purchase. It remains separate from bob World/debit-card international usage.
Forex-card detail

Compare wallets, loading and overseas-use economics.

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Type-specific banking comparison terms for HDFC Bank Multicurrency ForexPlus Card and Bank of Baroda TravelEasy Multi-Currency Forex Card
Decision factorHDFC Bank Multicurrency ForexPlus CardBank of Baroda TravelEasy Multi-Currency Forex Card
Currencies / wallet formatHDFC currently markets Multicurrency ForexPlus with up to 22 currency wallets, including USD, EUR, CHF, GBP, CAD, AUD, JPY, SGD, AED, SEK, HKD, THB, ZAR, NZD, OMR, DKK, NOK, SAR, KRW, BHD, QAR and KWD.Current TravelEasy product page supports three wallets: USD, GBP and EUR on a Visa Platinum EMV chip/NFC prepaid card.
Purchase eligibilityIssued under HDFC's ForexPlus/KYC/travel-purpose process. Exact documentation depends on traveller type/purpose. Existing HDFC customers have additional online reload routes; an HDFC deposit account is not required to define the prepaid wallet.Available to account holders and non-account holders through authorized forex branches, subject to KYC/passport/travel and FEMA documentation. One active retail card per ID/passport is the current product rule.
Load / reload₹75 + GST per branch reload transaction/currency on the current product page; HDFC states no reload fee when reload is done through the Prepaid/Forex online portal. NetBanking/Prepaid NetBanking/branch routes are supported subject to eligibility.Immediate activation after load; card is reloadable any number of times within the customer's FEMA ceiling. Current reload fee: ₹55 before applicable tax.
Exchange rateLoad/reload/refund use HDFC's applicable forex/card conversion rate and statutory taxes. Same-wallet spending uses the loaded currency; cross-currency transactions use Visa/Mastercard wholesale/network conversion as applicable plus HDFC's stated markup.Foreign currency is loaded/refunded at Bank of Baroda's applicable card/forex conversion rate and tax treatment. Mobile app provides wallet visibility and cross-currency conversion capability.
ATM cashCurrency-specific. Current schedule includes USD 2, EUR 1.50, GBP 1, JPY 250 and other wallet-specific withdrawal fees; daily ATM ceilings also vary by currency.ATM cash withdrawal fee is currently 0.9% of transaction value in the respective currency; balance enquiry fee is USD/EUR/GBP 0.50. Overseas ATM owner charges/limits can be additional.
POS / e-commerceInternational merchant/e-commerce use is supported, including contactless where accepted. Same-wallet transactions avoid the cross-currency conversion step; merchant/acquirer DCC should still be declined where inappropriate.Usable at Visa-accepted e-commerce, POS and ATM locations. EMV/NFC/contactless is supported; current product page provides channel enable/disable through self-service.
Cross-currencyCurrent Multicurrency ForexPlus markup is 2% when transaction currency differs from the available card currency. The current schedule also applies 2% to wallet-to-wallet transfers between card currencies.Current charge schedule lists 3.00% cross-currency fee. Use of a non-matching wallet/currency can therefore add conversion cost beyond the load-time rate.
Wallet conversionWallet-to-wallet conversion is supported across eligible currencies, with the published 2% cross-currency charge and applicable mid/card rate. Wallet availability and order remain controlled by current card terms.Current mobile app supports cross-currency conversion among available wallets. The fee/rate applicable to that conversion remains governed by the current card schedule and bank rate.
Fees₹500 + GST issuance; ₹75 + GST branch reload; ₹100 + GST back-up card on the current product page. ATM, balance enquiry and cross-currency charges are currency/transaction specific.₹150 issuance; ₹150 standby card; ₹55 reload; USD/EUR/GBP 3 replacement; 0.9% ATM withdrawal; 3% cross-currency. Taxes/foreign-currency conversion tax apply as published.
Refund / closureRefund/cash-out converts the remaining foreign-currency balance under HDFC's applicable card/forex rate and tax treatment. Exact cancellation/encashment fee should be checked at request time.Current schedule states remaining balance refund after deducting ₹250 plus tax on foreign-currency conversion when cancelling/refunding to customer account.
Replacement / emergencyHDFC advertises back-up-card capability and online block/PIN controls. Replacement/emergency support terms are variant- and location-specific rather than assumed from ordinary debit-card replacement.Replacement after loss/theft is currently USD/EUR/GBP 3 plus applicable postage; GCAS support for lost/stolen report and cash/card replacement is listed as free under the current charge page, subject to service terms.
Wrong-fit risks

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A useful comparison shows what can make either option unsuitable instead of averaging those conditions into a score.

HDFC Bank

HDFC Bank Multicurrency ForexPlus Card

  • HDFC's 2% cross-currency charge applies when the transaction currency differs from the available card currency and also to wallet-to-wallet transfers; use the matching wallet where practical.
  • ATM cash fees and daily limits differ by wallet currency, and the overseas ATM operator can add its own fee or lower limit.
  • Regalia ForexPlus has different economics and is currently shown as unavailable on HDFC's reviewed page; its zero-cross-currency feature should not be applied to Multicurrency ForexPlus.
Bank of Baroda

Bank of Baroda TravelEasy Multi-Currency Forex Card

  • The card supports only USD, GBP and EUR on the current product page, so it is not interchangeable with 15–22-currency competitors.
  • ATM withdrawal is percentage-based at 0.9% of transaction value, and the foreign ATM owner can impose an additional surcharge.
  • Current Bank of Baroda terms include inactivity/expired-card deductions; residual-balance refund also carries a separate cancellation/conversion cost.
Research tools

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Independent source state

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Bank of Baroda

Bank of Baroda TravelEasy Multi-Currency Forex Card

Reviewed
September 10, 2026
Attached first-party sources
3
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First-party source appendix

These are the exact source URLs already attached to the two research records. Re-open the controlling documents before relying on a fee, rate, limit, eligibility rule or benefit.

HDFC Bank Multicurrency ForexPlus Card

Reviewed September 10, 2026 · 3 attached first-party sources

  1. Issuer product pagehttps://www.hdfc.bank.in/forex-cards/multicurrency-platinum-forexplus-chip-forex-card
  2. Fee / charge schedulehttps://www.hdfc.bank.in/forex-cards/multicurrency-platinum-forexplus-chip-forex-card/fees-and-charges
  3. Terms & conditionshttps://www.hdfc.bank.in/terms-and-conditions

Bank of Baroda TravelEasy Multi-Currency Forex Card

Reviewed September 10, 2026 · 3 attached first-party sources

  1. Issuer product pagehttps://bankofbaroda.bank.in/digital-products/cards/prepaid-cards/travel-card-multi-currency-forex-card
  2. Fee / charge schedulehttps://bankofbaroda.bank.in/terms-and-conditions/multi-currency-forex-card-charges
  3. Fee / charge schedulehttps://bankofbaroda.bank.in/interest-rate-and-service-charges/service-charges