· The premium card is curated for students going abroad for education
· The card offers joining benefits worth up to INR 15,000
Chandigarh, July 02, 2024 : ICICI Bank today announced the launch of its ‘Student Sapphiro Forex Card’, a premium forex prepaid card crafted specifically for students who are going abroad for higher education. The card, powered by Visa, provides exclusive benefits and convenience to students as well as their parents to manage education related expenses abroad such as admission fees, course-related fees and other day-to-day expenses including travel, dining and groceries, among others.
The card offers the freedom of loading and transacting in 15 currencies, without any cross-currency mark-up charge being levied by the Bank, allowing students to conveniently travel across the globe even if they load only one currency on the card. This initiative comes in the wake of continuing surge in the number of Indian students going overseas for higher education.
The ICICI Bank Student Sapphiro Forex Card comes with an array of joining benefits up to Rs 15,000, along with exclusive privileges. It comes with a welcome kit with two cards– a primary and a replacement card– that can be activated digitally through iMobile Pay, internet banking or by calling the Bank’s Customer Care in the event of loss/damage of the primary card. Like any other forex card offered by the Bank, this card can be reloaded digitally using iMobile Pay and internet banking by the students and their parents, instantly, anytime and from anywhere. With this card, the Bank has a suite of forex cards for students travelling abroad.
Speaking on the launch, Mr. Niraj Tralshawala, Head- Payment Solutions, ICICI Bank said, “We are delighted to offer a new premium forex card with attractive benefits for students travelling abroad for education. It offers students the triple advantage of payment of tuition and daily expenses, digital re-loading of the card by parents from anywhere, and additional curated benefits. We believe that this card empowers students and their parents with a hassle-free and seamless experience for payments abroad.”
Mr. Sujai Raina, Country Manager, Visa India said, “Visa is delighted to partner with ICICI Bank to launch the Student Sapphiro Forex Card, created for the growing student segment opting for overseas education. While they pursue their studies, they can conveniently use this card to manage numerous expenses, including tuition, travel, dining, and groceries. By tailoring card features to the needs of life abroad, Visa ensures seamless, safe transactions, complete ease of use and global acceptance. This comprehensive financial solution addresses the diverse requirements of today’s students, making it worry-free so they can have a better study abroad experience.”
Key benefits of the card are:
Joining benefits
Free worldwide two complimentary international lounge access worth USD 99
Get a free international SIM card
Complimentary Uber vouchers worth INR 1,000
International Student Identity Card (ISIC) membership worth INR 999 – ISIC is an internationally accepted proof of full-time student status across 130 countries
Complimentary Card Protection Plus plan inclusive of Lost card/Counter card insurance upto INR 5 lakh
Comes with a welcome kit that contains- passport holder, booklet and travel checklist
Other exclusive privileges
Three monthly ATM fee waiver on cash withdrawal for five years
No mark-up charges on any cross-currency transaction
Get 5% cashback on all online grocery shopping and transit booking done through online channels
To apply for the card, ICICI Bank customers can visit: https://www.icicibank.com/personal-banking/cards/travel-card/student-sapphiro-forex-prepaid-card or iMobile Pay: Cards & Forex > Forex Prepaid Cards > Apply Now.
ICICI Bank also offers the ICICI Bank Student Forex Card and Multicurrency Forex Card to students travelling abroad for their education.
*Terms and conditions apply on the rewards of the benefits.
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
