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ICICI Bank, on Monday, announced the launch of a co-branded multi-currency card with online travel booking portal Goibibo.
“Anyone travelling abroad, whether they hold an ICICI Bank savings account or not, can apply for the Goibibo ICICI Bank Travel Card on the Goibibo website and mobile app,” the private sector lender said, adding that it is accepted across 200 countries and 4.6 crore merchants globally and can be loaded with up to 15 currencies. Customers can instantly transfer money from one currency to another through ICICI Bank’s internet portal and reload currency into the card anytime, anywhere, using the bank’s mobile and internet banking platform.
The card also includes benefits of up to ₹20,000, including gift vouchers of ₹15,000 from Goibibo. Additionally, customers get 40 paise discount on currency conversion rate on loading of a minimum of $1,000.
Further, they get the advantage of complimentary card protection from theft and loss up to ₹5 lakh. It also provides flat 15 per cent discount at more than 100 Indian restaurants across six foreign cities, including Kuala Lumpur, Dubai, London, Singapore, Hong Kong, and Bangkok.
The card also offers travel insurance between ₹2 lakh and ₹10 lakh.
Noting that the UN World Tourism Organisation pegs India as the second-fastest-growing outbound tourism market in the world, Sudipta Roy, Head – Unsecured Assets, Credit Cards & Personal Loans, ICICI Bank, said: “We cater to our travel enthusiast customers with other products such as Sapphiro Travel Card and Coral Travel Card.”
How to apply
- Login to Goibibo website/mobile application (https://imobile.icicibank.com/icicitravelcard/landing.do)
- Fill few details like name, mobile number, passport number, Email ID, PAN number etc.
- Enter OTP received on mobile number and address
- Select the currency and amount to be loaded
- Make payment using ICICI Bank savings account or billdesk portal for non ICICI Bank customers
- Further, verifier visits customers’ address in few working days to verify documents, collect photocopy of passport, pan card, visa; and hand deliver the kit of travel card.
The card will get activated within one working day of submission of the documents.
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