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When you move abroad, the stress of managing your expenses adds up—there are grocery bills, dine-out bills, and e-commerce bills. But how do you manage them all? That’s why students choose forex cards. Benefits such as convenient payments, Security, Flexibility, Cost Savings, Easy Reloads, and exchange-rate protection make forex cards your go-to transactional option. But when you swipe the card or get your first bill, you see the charges you were never aware of—and that’s how hidden charges can leave a bitter taste in your mouth.
This is why having a card which provides all the exceptional benefits with no hidden charges is very important. That’s where this UniCreds x GlobalPay Forex Card comes into the picture. Read the full blog to learn about the features, benefits, and how it works.
What is the UniCreds x GlobalPay Forex Card, and why do students need it?
Every student’s dream is to study abroad, but then come the tuition fees and admission fees- basically, the most important thing that one needs to study abroad: finance. That’s where UniCreds shine. UniCreds is a marketplace that offers education loans for studying abroad to Indian students and helps them secure up to 100% financing at the lowest possible interest rate. UniCreds understands that finance doesn’t end with the education loan; costs keep adding up. That’s why UniCreds has collaborated with GlobalPay Forex Card to help students spend effortlessly internationally.
What is UniCreds x GlobalPay Forex Card?
UniCreds x GlobalPay Forex Card is a multi-currency prepaid travel card launched by UniCreds in partnership with GlobalPay WSFx. It is designed for international students, travellers and working professionals to make their international transactions easier. This GlobalPay Forex Card supports over 30 international currencies, works in 180+ countries with zero cross-currency fees, and is accepted at VISA merchant outlets worldwide.
Why do students need UniCreds x GlobalPay Forex Card?
Word of mouth will never be enough for such a big decision, which is why it’s important to know why students really need the UniCreds x GlobalPay Forex Card.
Multi-Currency Support: This means your GlobalPay Forex card can load and hold over 30 currencies on a single card. The 30 currencies include USD, GBP, EUR, CHF, CAD, AUD, SGD, HKD, THB, AED, SAR, ZAR, NZD, SEK, NOK, JPY, DKK, MYR, IDR, TRY, QAR, VND, CNY, KWD, OMR, KRW, PHP, GRL, AZN, and ILS. No matter where you go, this Forex Card will be with you to simplify your international journey.
No hidden fees: Every time students swipe, they pay more than they should, but not anymore. This forex card for students features zero cross-currency markup fees and transparent exchange rates. This means no hidden fees anymore. Students don’t even have to pay to issue the forex card or to load/reload.
App Control: Students and professionals don’t have time to run to the bank or call customer care when they need help. That’s why this is the best forex card for students, professionals and travellers. You can control your GlobalPay Forex Card via the app. The app lets you track your balance, instantly lock and unlock, tap & pay worldwide, set spending alerts, and the ability to reload the card anytime, anywhere. Basically, the app helps with everything you need.
Global Acceptance: Sometimes forex cards can disappoint you when making a payment. Suddenly, you get the notification saying We don’t accept this forex card or “We don’t have that currency. But with this GlobalPay forex card, you will never have to worry about any of these things. It works at over 100 million Visa merchant locations and ATMs worldwide. So wherever you go, this card will always let you complete the payment.
Regulated Security: Keeping your forex card safe isn’t only your responsibility, but it’s GlobalPay’s as well. That’s why this Forex card is protected by chip-and-PIN and 3D Secure authentication and is issued in compliance with RBI regulations via WSFx Global Pay Limited. It also sends real-time alerts for every card transaction and offers insurance protection of up to ₹5 lakh.
Key Features of the UniCreds x GlobalPay Forex Card
Now, let’s look at some key features of the GlobalPay Forex Card that make it the best student forex card.
- Load and hold over 30 currencies, including USD, GBP, EUR, CHF, CAD, AUD, SGD, HKD, THB, AED, SAR, ZAR, NZD, SEK, NOK, JPY, DKK, MYR, IDR, TRY, QAR, VND, CNY, KWD, OMR, KRW, PHP, GRL, AZN, and ILS.
- Zero load, reload fees and annual maintenance fees.
- Total control via one app that lets you track your balance, instantly lock and unlock, tap & pay worldwide, set spending alerts, and the ability to reload the card anytime, anywhere.
- Chip technology for secure transactions, encrypted payments, and fraud protection—all from one app.
- Real-time alerts for every card transaction and offers insurance protection of up to ₹5 lakh.
- Can add your name to your Forex Card.
- Offers an airport lounge access pass to relax.
- Helps you stay connected with your Global eSIM.
- Free Cash Withdrawals at Allpoint ATMs.
- 24/7 access to your funds.
How to Apply for a GlobalPay Student Forex Card
Getting a UniCreds x GlobalPay Forex Card is no rocket science. It’s just a 4-step procedure, and your forex card for students will be delivered to your doorstep.
Step 1: Trip Info:
Once you finalise your trip, the next step is to get the forex card for students. To get the GlobalPay Student Forex Card, you will need to provide your travel details, such as departure and return dates and the purpose of your visit, on the GlobalPay website or app.
Step 2: Fill in the details:
Now that you have shared your trip details, the 2nd step is to provide basic information, such as a valid passport, proof of identity, and proof of international travel (such as a confirmed flight ticket or a valid visa).
Step 3: Make the Payment:
Now that you have shared your details and the application has been approved, the third step is to make the payment. Once you make the payment, your GlobalPay forex card will be delivered to your doorstep.
Step 4: KYC
This is the last step; once you complete it, you’ll be able to use it effortlessly. After you receive your card, you will need to complete the A2 form and upload all required documents for the KYC process. Once the KYC is complete, you will receive a notification, after which you can start swiping your card anywhere, anytime.
Documents required to apply for GlobalPay Forex Card
It’s better to stay prepared while applying for the GlobalPay Forex Card. Below are some of the most important documents that you’ll need to get the card.
- Signed card application form
- Self-attested copy of a valid passport
- Copy of confirmed air ticket
- Valid visa copy
- Self-attested copy of PAN card
- Additional address proof, if required
- Document supporting purpose of travel (e.g., business, education, etc.)
GlobalPay Forex Card Fees and Charges
Now that you have the GlobalPay Forex Card, it is important to know what all fees and charges you will be required to pay and where you can just rest it out. The good news is that there are no charges for issuing or loading/unloading the forex card.
| Fee Type | Charge |
| Issuance Fee | NIL |
| Reload Fee | NIL |
| Cross Currency Fee (Mark-up Fee) (Same Currency = no cross-currency fee; different currency = Fee Applicable) | 2% of transaction amount (For UniCreds students: 0.5%) |
| Cash Advance / Cash Disbursement Fee | 2% of transaction amount |
| Wallet to Wallet Transfer Fee | 2% of transaction amount |
| Inactivity Fee | NIL |
| Card Replacement Fee | International Locations: INR 2,500 | Indian Locations: NIL |
Note: For cross-currency fees, if you load a local currency (e.g., USD) on your card and pay in USD in the US, there will be no cross-currency fee. However, if you load USD onto your card and pay in the UK or another country, a cross-currency fee may apply. Also, students can transfer funds from the forex card to their overseas bank account by simply swiping the card, but for UniCreds students, the charge will only be 0.5%.
| Limit Type | Amount |
| Maximum Daily Purchase Limit (POS / E-commerce / Cash Advance / Cash @ POS) | $10,000 or equivalent |
| Maximum Daily ATM Withdrawal Limit* | $1,500 or equivalent |
| Maximum Per Transaction Loading Limit | $25,000 or equivalent |
| Maximum Per Transaction Contactless Payment Limit | $65 equivalent |
How to Load and Reload Your UniCreds x GlobalPay Forex Card
Loading and reloading your GlobalPay Forex Card isn’t as tough as it sounds. You don’t need to go anywhere to load your card; you can just do it at home. You can load and reload your GlobalPay Forex Card through the GlobalPay App or Web Portal, or at any GlobalPay branch in India. Also, there is no minimum load requirement; the maximum amount is USD 250,000 equivalent per financial year under the Liberalised Remittance Scheme (LRS), with a per-transaction limit of USD 25,000 or its equivalent in other currencies.
Conclusion
To find the best forex card for students, end here. This GlobalPay Forex Card is designed to make your life easier. It lets you hold multiple currencies, make payments at VISA outlets, manage your card through the app and reload funds when needed. The card can be used for multiple trips for up to five years, making it a practical option for managing everyday expenses while studying abroad.
Plus, UniCreds students only pay a 0.5% cross-currency fee, instead of 2%. And if you are not a UniCreds student, join us today. We will help you finance your study abroad journey and also get the best forex card with exclusive discounts.
FAQs
What are the benefits of the GlobalPay Forex Card for International Students?
The Forex Card lets students easily carry and spend money abroad. The benefits of the GlobalPay Forex Card are that the card can hold up to 30 currencies, works at Visa outlets worldwide, and is managed through the GlobalPay App. Students can also reload the card, check their balance, lock or unlock it, and receive alerts for every transaction.
How Does the GlobalPay Student Forex Card Work?
The GlobalPay Forex Card is a prepaid card. You first load money onto the card and then use it to pay for things abroad. You can use it at shops, restaurants, online stores and ATMs that accept Visa. You can also manage the card through the GlobalPay App or Web Portal.
Where Can You Use the GlobalPay Student Forex Card?
You can use the card at Visa stores, restaurants, online stores and ATMs outside India. It works in many countries and supports up to 30 currencies. The card cannot be used in India, Nepal, and Bhutan, as well as in some restricted countries.
What is the validity of the GlobalPay Student Forex Card?
The GlobalPay Forex Card is valid for 5 years. The expiry date is printed on the card. You can also use the same card for multiple trips during this period.
How do I know when my card is ready to use?
You will get an SMS and email when your card is activated and ready to use. You can also check your card balance and transactions in the GlobalPay App or on the Web Portal.
Can the card be used for multiple trips?
Yes. You can use the GlobalPay Forex Card for multiple trips as long as it remains valid. The card is valid for 5 years.
What are the limits for using the GlobalPay Multi-Currency Card?
The maximum daily spending limit of the GlobalPay Multi-Currency Card is USD 10,000 or its equivalent. The daily ATM withdrawal limit is USD 1,500. You can load up to USD 25,000 in one transaction. Contactless payments are limited to USD 65 per transaction. Some ATMs may have lower limits.
How do I use the card at ATMs or Merchant Outlets?
At a shop or other merchant outlet, you can insert your card into the payment machine or tap it to make a contactless payment. At an ATM, insert your card and select “Checking/Current” or “Credit” when asked for the account type.
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