DCB Bank launches TravelSmart Card for hassle-free international travel
Mumbai, March 17, 2023: DCB Bank, a new-generation private sector bank, launches DCB TravelSmart Card for international holidays, business trips and workcations. DCB TravelSmart Card is a Debit Card when used in India. It offers the triple benefits of hassle-free travel without the need to purchase specific foreign currencies, insurance cover and enables customers to continue earning an attractive interest rate on the fund balance in DCB Savings Bank account.
DCB TravelSmart Card covers all major currencies, and temptingly offers mark-up fee as low as 2% on international transactions. A lower mark-up fee in relation to other cards means that customers overall save more by using this card while traveling abroad.
A package of insurance cover for traveller. DCB TravelSmart Card offers complimentary travel insurance with insurance cover on baggage loss, baggage delay, flight delay, loss of personal documents for international travel. Insurance cover of INR 1,00,000 (domestic and international) on accidental death (by rail, road or air only) and lost card liability cover (domestic and international) up to INR 2,00,000. The card holder also enjoys exclusive discounts and offers provided by Visa from time to time.
Unlike other travel and forex cards, wherein customers must load a specific foreign currency as per the destination country, DCB TravelSmart is a regular debit card linked to the customer’s DCB Savings Bank account. Thus, customers continue earning an attractive savings account interest rate on the balance amount in their accounts. Whenever the cardholder swipes or uses the Card abroad, the currency of that country is automatically selected, and the money is debited from the Savings Bank account. The balance amount continues earning interest as per the Savings Bank account norms.
DCB Bank's Head of Retail Banking Praveen Kutty said, "Indian travellers are opting for international experiences. Long and short holidays, staycations, business travel and medical travel are an increasing trend. DCB TravelSmart Card is an ideal international card with features that travellers would love to have. The last thing a traveller wants is the stress of loading the card, linking it with a bank account, and paying a high foreign exchange rate and mark-up fees. Thus, DCB TravelSmart makes international travel smooth and less stressful."
He added, "Moreover, no requirement of pre-currency change and insurance cover makes DCB TravelSmart Card a perfect travel buddy. Through this product, we aim to create unique travel experiences for our customers."
The replacement of an existing DCB Debit Card with the DCB TravelSmart Card is convenient and hassle-free.
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