Forex Card for Portugal Trip

Best Forex Cards for Portugal: Simplify Your Travel

Written By
Jyoti Bhatt
Last Updated
Jan 07, 2025
Read
8 min

Portugal, known for its scenic coastlines, historic landmarks, and vibrant culture, is a sought-after destination for travellers. The official currency of Portugal is the Euro (EUR), making it essential for tourists to have access to Euros for seamless transactions during their trip.

Carrying cash while travelling can be inconvenient and risky. Forex cards offer a secure, efficient, and cost-effective way to handle finances abroad. With features like zero or minimal transaction fees, global acceptance, and locked-in exchange rates, Forex cards are a must-have for international travellers.

This blog will help you discover the best Forex cards for Portugal, highlighting their features, benefits, and how they simplify your travel experience. Whether you prioritise affordability, security, or ease of use, this guide will assist you in making the best choice.

Securing your Portugal visa appointment with Atlys is more than just convenient. It’s about turning a complicated and often stressful process into a seamless and hassle-free experience.

What are the best Forex cards for Portugal?

  • AtlysX Multi-Currency Card

  • HDFC Bank Multicurrency Forex Card

  • Axis Bank Multi-Currency Forex Card

  • ICICI Bank Travel Card

  • Niyo Global Card

  • Thomas Cook Borderless Prepaid Card

  • SBI Multi-Currency Foreign Travel Card

AtlysX Multi-Currency Card

The AtlysX Multi-Currency Card is an excellent financial companion for travellers to Portugal. Supporting 14 currencies, including the Euro, it offers seamless transactions with zero issuance fees.

  • Currencies Supported: 14, including Euros (EUR).

  • Issuance Fee: Free for all Atlys customers.

  • Markup: Zero on the first load; 2% on subsequent reloads.

  • ATM Withdrawals: Up to $1,000 daily or equivalent.

  • Validity: Usable for 5 years.

  • Cross-Currency Charges: None for loaded currencies.

HDFC Bank Multicurrency Forex Card

The HDFC Bank Multicurrency Forex Card is a reliable choice for travelling to Portugal. It supports 22 currencies and provides locked-in exchange rates to safeguard against currency fluctuations.

  • Currencies Supported: 22, including Euros (EUR).

  • ATM Withdrawals: EUR 1.50 per transaction.

  • Markup Fee: None for loaded currencies; 2% for unsupported currencies.

  • Application Fee: ₹500 + GST (waived on loading USD 1,000 or equivalent).

  • Reload Fee: ₹75 + GST.

  • Customer Support: 24/7 global assistance.

Axis Bank Multi-Currency Forex Card

The Axis Bank Multi-Currency Forex Card simplifies transactions with contactless payment options and competitive exchange rates.

  • Currencies Supported: 16, including Euros (EUR).

  • ATM Withdrawals: Nominal charges per transaction.

  • Fees: ₹300 issuance fee; ₹100 reload fee.

  • Validity: 5 years.

  • Insurance: Includes fraud and card loss protection.

ICICI Bank Travel Card

The ICICI Bank Travel Card offers reliable financial services for international travellers. It supports 15 currencies and provides comprehensive travel insurance.

  • Currencies Supported: 15, including Euros (EUR).

  • ATM Withdrawals: Fees apply based on currency.

  • Markup Fee: 3.5% for unsupported currencies.

  • Reload Fee: Nominal charges.

  • Insurance Coverage: Includes baggage delay and card loss liability.

Niyo Global Card

The Niyo Global Card is a tech-friendly option for frequent travellers, offering real-time tracking and zero transaction markup fees.

  • Currencies Supported: Over 130, including Euros (EUR).

  • ATM Withdrawals: Free for the first few monthly transactions.

  • Spending Limits: ₹7.5 lakh per transaction.

  • Validity: 5 years.

  • Customer Support: 24/7 helpline.

Thomas Cook Borderless Prepaid Card

Designed for global travellers, the Thomas Cook Borderless Prepaid Card supports multiple currencies, including the Euro, making it perfect for trips to Portugal.

  • Currencies Supported: 14, including Euros (EUR).

  • ATM Withdrawals: Fees depend on the ATM provider.

  • Issuance Fee: ₹150 + GST.

  • Reload Fee: ₹100 + GST.

  • Security: Chip and PIN protection.

SBI Multi-Currency Foreign Travel Card

The SBI Multi-Currency Foreign Travel Card is a cost-effective solution for secure and seamless transactions in Portugal.

  • Currencies Supported: 7, including Euros (EUR).

  • ATM Withdrawals: Minimal charges.

  • Reload Fee: ₹50 + GST.

  • Application Fee: ₹100 + GST.

  • Insurance: Includes card loss and fraud protection.

How Do You Choose the Best Forex Card in India for Portugal?

When selecting a Forex card for Portugal, consider the following factors:

  • Currency Support: Ensure the card supports Euros to avoid conversion fees.

  • Exchange Rates: Look for competitive or locked-in rates.

  • Fees: Compare issuance, reload, and ATM withdrawal charges.

  • Security: Opt for cards with fraud protection and insurance coverage.

  • Ease of Use: Features like instant reloads, and mobile app management can enhance your experience.

  • Customer Support: Choose a provider with 24/7 global assistance.

What Are the Benefits of Using a Forex Card in Portugal?

  • Cost Savings: Lower fees compared to credit or debit cards.

  • Exchange Rate Protection: Locked-in rates protect against currency fluctuations.

  • Safety: Reduces risks of carrying cash.

  • Global Acceptance: Usable at ATMs, hotels, and shops across Portugal.

  • Multi-Currency Support: Ideal for trips to neighbouring European countries.

Conclusion

Choosing the right Forex card ensures a hassle-free travel experience in Portugal. Cards like the AtlysX Multi-Currency Card and Niyo Global Card offer excellent features with minimal fees, making them ideal for most travellers. Evaluate your preferences to pick a card that aligns with your needs, ensuring a smooth and enjoyable journey.


Can I use a Forex card at ATMs in Portugal?

Yes, Forex cards are accepted at ATMs throughout Portugal.

What currency should I load on my Forex card for Portugal?

Load Euros (EUR) to avoid currency conversion fees.

Can I reload my Forex card while abroad?

Yes, many Forex cards allow instant online reloads.

What are the fees associated with Forex cards?

Fees vary by card but include issuance, reload, and ATM withdrawal charges.

Can I use one Forex card for multiple countries?

Yes, most Forex cards support multiple currencies for cross-country travel.