Forex cards provide various benefits over other modes of making payments in a foreign land such as cash, credit or debit card. Unless you are a great fan of carrying a stack of cash while travelling abroad, cash is not the way of making payments in foreign currency. Further, the currency exchange rates are better than foreign currency notes and you can also track your expenditure digitally with a forex card compared to cash.
Compared to your debit or credit card, your Forex card can save you anywhere between 3 to 6 percent. A forex card saves you from various kinds of charges such as currency conversion charges, service charge, high ATM withdrawal fee which are levied on your debit or credit card.