Travelling to Russia offers a rich cultural and historical experience, from the magnificence of Moscow's Kremlin to the artistic treasures of St. Petersburg's Hermitage Museum. However, managing your finances efficiently is important for planning your trip. Russia’s official currency, the Russian Ruble (RUB), is difficult to obtain in India due to its limited availability in the international forex market. As a result, travellers often load globally accepted currency like USD onto their forex cards, which can then be exchanged for RUB upon arrival in Russia.

Forex cards provide a secure, cost-effective, and hassle-free alternative to carrying cash. These preloaded cards help travellers avoid high transaction fees and unfavourable exchange rates, making them an essential tool for international trips. This blog will explore the best forex cards for travelling to Russia, ensuring you choose the right card for a seamless travel experience.

What are the best forex cards for Russia in India?

• AtlysX Global Forex Card

• HDFC Bank Multicurrency Forex Card

• Axis Bank Forex Card

• ICICI Bank Travel Card

• SBI Multi-Currency Foreign Travel Card

• Niyo Global Card

AtlysX Global Forex Card

The AtlysX Global Forex Card is an excellent travel companion, offering unmatched convenience and cost savings. It features zero issuance fees and zero markups on the first load, and it supports a wide range of currencies. With real-time exchange rates and instant app-based reloading, this card is perfect for travelling to Russia.

• Issuance Fee: Free (For Atlys customers only)

• ATM Withdrawal Charges: USD 3 / transaction

• Supported Currencies: All currencies (You load USD and can then spend in any currency with no cross-currency charges)

• Markup Fees: No Fee

• Exchange Rates: Real-time exchange rates

HDFC Bank Multicurrency Forex Card

The HDFC Bank Multicurrency Forex Card is a versatile choice for international travellers. It supports multiple currencies and provides locked exchange rates, making it a reliable option for trips to Russia.

• Currencies Supported: 22 currencies, including USD, EUR, and GBP.

• ATM Withdrawals: USD 2 per transaction; daily withdrawal limits apply.

• 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 per reload.

• Customer Support: 24/7 global assistance.

Axis Bank Forex Card

The Axis Bank Forex Card is designed for easy usage and financial security. With support for multiple currencies and competitive rates, it ensures a hassle-free experience for travellers to Russia.

• Currencies Supported: 16 currencies, including USD and EUR.

• ATM Withdrawals: Charges vary by currency and location.

• Markup Fee: 2% for unsupported currencies.

• Reload Fee: ₹100 per reload.

• Application Fee: ₹300 + GST.

ICICI Bank Travel Card

The ICICI Bank Travel Card offers a simple and secure way to manage travel finances. It supports several major currencies and provides locked exchange rates to protect against fluctuations, making it a good option for trips to Russia.

• Currencies Supported: 15 currencies, including USD and EUR.

• ATM Withdrawals: ₹125 per transaction globally.

• Markup Fee: 2.5% for unsupported currencies.

• Application Fee: ₹300 + GST.

• Reload Fee: ₹100 per reload.

• Exchange Rate: Locked at the time of loading to provide financial predictability.

• Security Features: Protected with a chip and PIN for enhanced safety.

• Additional Benefits: Free replacement card in case of loss or theft and access to 24/7 customer support.

SBI Multi-Currency Foreign Travel Card

The SBI Multi-Currency Foreign Travel Card offers a straightforward and cost-effective way to handle expenses abroad. It supports multiple currencies and provides strong security features.

• Currencies Supported: 9 currencies, including USD and EUR.

• ATM Withdrawals: Fees vary by location.

• Reload Fee: ₹100 per reload.

• Application Fee: ₹500 + GST.

• Customer Support: 24/7 global assistance.

Niyo Global Card

The Niyo Global Card is a modern choice for tech-savvy travellers. It offers zero forex markup, real-time exchange rate tracking, and intuitive app features, making it ideal for trips to Russia.

• Currencies Supported: Over 150 currencies, including USD and EUR.

• ATM Withdrawals: Free withdrawals within daily limits.

• Markup Fees: None.

• Reload Fee: ₹100 per reload.

• Application Fee: ₹500 (often waived during offers).

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

When selecting a forex card for your trip to Russia, consider the following factors:

1. Currency Support: Ensure the card supports USD or EUR, which can be easily exchanged for RUB in Russia.

2. Fees and Charges: Compare markup fees, ATM withdrawal charges, and reload fees to find the most cost-effective option.

3. Exchange Rates: Opt for cards offering real-time or locked-in exchange rates for better budgeting.

4. Reload Options: Choose a card with quick and easy reload capabilities through apps or online platforms.

5. Security Features: Look for EMV chip-enabled cards with robust fraud protection.

6. Customer Support: Ensure the card provider offers 24/7 assistance in emergencies.

What are the Benefits of Using a Forex Card in Russia?

1. Cost Savings: Avoid high transaction fees and unfavourable exchange rates associated with credit or debit cards.

2. Convenience: Preload your card with USD or EUR and convert it to RUB upon arrival in Russia.

3. Safety: Protect your funds with advanced security features and minimise the risk of carrying cash.

4. Budget Control: Preloaded amounts help you track and manage your expenses effectively.

5. Global Acceptance: Use the card at ATMs, restaurants, and retail stores across Russia.

Conclusion

Choosing the right forex card is essential for a stress-free travel experience in Russia. Whether you prioritise multi-currency support, low fees, or robust security, the above options cater to various traveller needs. Evaluate your requirements and select a card that aligns with your travel goals for a seamless and enjoyable trip.