Planning a trip to Turkey? Then, one key detail to sort out before your journey is the complexities of currency exchange, especially since the Turkish Lira (TRY) is considered an exotic currency.

Unfortunately, Turkish Lira (TRY) is not widely available outside Turkey, so getting it in India can be difficult. Most money changers do not stock TRY, and even if they do, the exchange rates are usually very high because it’s not a commonly traded currency. This means you end up spending more just to have some cash in the Turkish Lira. To make things even more complicated, no Indian forex card directly supports the Turkish Lira. That means you can’t load TRY onto your card before leaving, which can feel all the more inconvenient.

So, what’s the solution? The best way to manage your money in Turkey is to use a Forex card that supports Euros or USD. Both the Euro and the US Dollar are commonly accepted in Turkey due to the large influx of tourists from Europe and other regions. Even in places where direct acceptance isn’t possible, converting Euros or US Dollars to Turkish Lira incurs lower fees and better exchange rates compared to less commonly used currencies.

With a Forex card loaded with Euros or US Dollars, you also do not need to carry large amounts of cash, reducing the risk of loss or theft. Instead, you enjoy the security and ease of cashless payments at various establishments. 

To make your journey cost-effective and hassle-free, we have curated a list of the best Forex cards for your Turkey trip from India. These are:

1. AtlysX Multi-Currency Forex Card

2. BookMyForex Multi-Currency Forex Card

3. HDFC Multicurrency Platinum ForexPlus Card

4. ICICI Multi-Currency Forex Prepaid Card

5. Axis Bank Multi-Currency Forex Card

6. DCB Niyo Global Card

Important Note! Besides the Forex card, make sure to apply for your Turkey visa in advance. If you have a valid Schengen, USA, UK, or Ireland visa or residence permit, you can easily apply for a Turkey e-visa on Atlys.

Let’s dive into each of these cards to help you choose the perfect fit for your trip.

1. AtlysX Multi-Currency Forex Card by IndusInd

The AtlysX Multi-Currency Forex Card by IndusInd Bank is one of the best forex choices for Indians heading to Turkey. It supports both EUR and USD, ensuring seamless spending without the hassle of repeated currency conversion charges. 

The card can be easily managed through the dedicated Atlys app. You can track expenses and reload funds. You can also easily monitor live exchange rates, allowing you to decide the best time to load the card. Advanced security features, like instant PIN changes, the ability to disable ATM withdrawals, and freezing the card in case of loss or theft, ensure peace of mind. Moreover, the AtlysX Multi-Currency card offers round-the-clock support through multiple channels, including the Help section in the Atlys app, chat, email ([email protected]), and a 24/7 hotline. This ensures assistance is always available, regardless of the time zone or issue.

Key points to know about the AtlysX Multi-Currency Card by IndusInd

The AtlysX Multi-Currency Travel Card by IndusInd has no hidden costs!

• Issuance fee: Free for all Atlys customers.

• Cross-currency charges: Zero. 

• Markup fee: Zero markup fee for the first load of funds, and a 2% markup is charged on subsequent reloads.

• Daily ATM withdrawal limit: $1,000 (or equivalent).

• Daily e-commerce and POS spending limit: $10,000 (or equivalent).

• Card validity: 5 years.

• Currencies supported: 14 currencies: AUD, CAD, Euro, GBP, HKD, JPY, NZD, SAR, SGD, ZAR, CHF, THB, AED and USD.

2. BookMyForex Multi-Currency Forex Card

The BookMyForex Multi-Currency Forex Card prioritises efficiency and cost-effectiveness, making it one of the best Forex cards. It is ideal for both frequent flyers and occasional tourists. Whether you’re exploring Istanbul’s Grand Bazaar or Cappadocia’s scenic beauty, the ability to load up to 14 major currencies, including USD and EUR, ensures seamless spending across multiple destinations. 

This Forex card offers robust security with its Chip-and-PIN technology, which protects transactions at ATMs and Point-of-Sale (POS) terminals. Moreover, free insurance coverage safeguards you against unauthorised transactions in case of theft or loss. The convenience extends to online card management, nearby ATM tracking service and customer assistance available 24/7 via email ([email protected]) or the dedicated hotline (+91-80-45651100). Free lifetime usage and a backup or add-on card for a charge of ₹200 further enhance its appeal.

Key points to know about the BookMyForex Multi-Currency Card

• Issuance, reload and refund fee: Zero. 

• Cross-currency charges: 3.5% of the transaction value in unsupported currencies (like Turkish Lira).

• ATM withdrawal fee: $2 per transaction.

• Balance enquiry fee at ATMs: $1 per inquiry.

• Replacement fee: ₹250 (in case of card loss or damage).

• Daily ATM withdrawal limit: $1,000 or equivalent in the loaded currency.

• Daily POS/E-commerce transaction limit: $7,500 or equivalent.

• Card validity: 5 years.

• Currencies supported: 14 currencies: AUD, CAD, Euro, GBP, HKD, JPY, NZD, SAR, SGD, ZAR, CHF, THB, AED and USD.

3. HDFC Multicurrency Platinum ForexPlus Card

The HDFC Multicurrency Platinum ForexPlus Card supports 22 currencies, including EUR and USD, making it perfect for your international trip to Turkey and beyond. With the ability to manage funds online via Prepaid Card NetBanking, you can easily switch between currency wallets, offering convenience during multi-country trips.

Security is a major highlight of this card. Featuring a chip-based design and mandatory PIN authentication, it safeguards your transactions at ATMs and Point-of-Sale terminals. In case of loss or theft, the card can be instantly blocked online, and complimentary insurance coverage protects against skimming, baggage and passport loss, and even air accidents. The card also supports contactless payments via PayWave technology and ensures comprehensive assistance with toll-free numbers in 32 countries and emergency cash delivery services. 

Key points to know about the HDFC Multicurrency Platinum ForexPlus Card

• Issuance fee: ₹500 (plus GST).

• Reload fee: ₹75 (plus GST).

• Cross-currency charges: 2% of the transaction value for unsupported currencies.

• ATM withdrawal fee: $2 per transaction or equivalent in the loaded currency.

• Balance enquiry fee at ATMs: $0.50 per inquiry.

• Daily ATM withdrawal limit: $5,000 or equivalent in the loaded currency.

• Daily e-commerce and POS transaction limit: $5,000 or equivalent in the loaded currency (approximately).

• Card validity: 5 years.

• Currencies supported: 22 currencies: AUD, AED, CAD, EUR, HKD, JPY, SGD, GBP, CHF, SEK, THB, ZAR, OMR, NZD, DKK, NOK, SAR, KRW, BHD, QAR, KWD and USD.
  

Note: Some features, such as online reloading, are available only to existing HDFC Bank customers. Funding from NRO accounts and debit cards is not allowed. You are advised to thoroughly check the card terms and conditions before making the final decision. 

4. ICICI Multi-Currency Forex Prepaid Card

Next in line is the ICICI Multi-Currency Forex Prepaid Card, which is also a reliable and user-friendly option for your Turkey trip. With zero issuance fees and the ability to load multiple currencies on a single card, it offers both flexibility and cost-effectiveness. 

This card’s robust security features are a major advantage. It uses 3D secure technology for online transactions, CHIP and PIN technology for in-store purchases, and offers Lost Card Liability Coverage (of ₹5,00,000) to protect against unauthorised usage in case of theft or loss. You can easily manage the card through the ICICI Bank portal or app, allowing online mode to reload funds, check balances, and track transactions in real time. Contactless payments are also supported for quick purchases at PayWave-enabled merchants. Furthermore, emergency cash delivery and concierge services ensure peace of mind. The card’s utility extends even after your trip, as any remaining balance can be used at duty-free stores across Indian airports.

Key points to know about the ICICI Multi-Currency Forex Prepaid Card

• Issuance fee: Zero.

• Cross-currency charges: 3.5% for transactions in unsupported currencies.

• ATM withdrawal fee: Up to $2 per transaction or equivalent in the loaded currency.

• Cash advance/Cash@POS transactions fee: 0.5% of the transaction amount. 

• Daily ATM withdrawal limit: $2,000 or equivalent in the loaded currency.

• Replacement fee: $3 if lost in India and $20 if lost outside India. 

• Card validity: 5 years.

• Currencies supported: 15 currencies: AUD, CAD, Euro, GBP, HKD, JPY, NZD, SAR, SGD, ZAR, CHF, THB, AED, SEK and USD.

Note: The ICICI Multi-Currency Forex Prepaid Card is subject to an inactivity fee of $5 for every 180 days of non-usage. If you travel occasionally, this is an important point to consider when choosing it.

5. Axis Bank Multi-Currency Forex Card

The Axis Bank Multi-Currency Forex Card supports 16 major currencies, including USD and EUR. The card offers competitive exchange rates, ensuring you get the best value for your money during your travels.

It has great security features like advanced EMV chip technology and PIN-based authentication, protecting your transactions from fraudulent activities. Managing the card is effortless, with online reload options via the Axis Bank portal or app. Its contactless payment functionality adds another layer of convenience for quick transactions. Additionally, you can be stress-free knowing that 24/7 emergency assistance through TripAssist (for services like card replacement or cash delivery in case of loss) is available. Additional benefits include a rewards program where you earn points on transactions that can be redeemed for exciting offers. 

Key points to know about the Axis Bank Multi-Currency Forex Card

• Issuance fee: ₹300 (plus GST).

• Reload/renewal fee: ₹100 (plus GST).

• Cross-currency charges: 3.5% of the transaction value for unsupported currencies (like TRY).

• ATM withdrawal fee: $2.25 per transaction or equivalent in the loaded currency.

• Daily ATM withdrawal limit: $1,000 or equivalent.

• Daily POS/E-commerce transaction limit: $10,000 or equivalent.

• Card validity: The card validity generally varies. It would be mentioned on your card.

• Currencies supported: 16 currencies: AUD, CAD, Euro, GBP, HKD, JPY, NZD, SAR, SGD, ZAR, CHF, THB, AED, SEK, DKK and USD.

Note: Unlike some other forex cards, Axis Bank Multi-Currency Forex Card charges a nominal fee for issuance and reloading, which could add up for frequent travellers.

6. DCB Niyo Global Card

Unlike the multi-currency cards shared above, the DCB Niyo Global Card is loaded in Indian Rupees (INR) and converts funds into the local currency of your destination at real-time exchange rates. It eliminates the need for multiple fee calculations involved when loading cards with USD or EUR from INR; rather, here, the only exchange rate that you would need to monitor is that of INR to TRY. 

Moreover, managing your finances with the Niyo Global Card is seamless with the Niyo app, a centralised platform to track expenses, reload funds, and view transaction history in real-time. With PIN-based transactions, instant alerts, and the ability to freeze or unfreeze the card via the app, the card is secure to use. 

Starting in April 2024, you now also enjoy complimentary international lounge access with this card. Additionally, Niyo coins on ATM withdrawals abroad and domestic merchant payments offer extra value for frequent users. These coins can be redeemed, with each coin valued at 10 Indian Paise.

Key points to know about the DCB Niyo Global Card

• Joining fee: Zero.

• Markup fee: Zero.

• Annual/maintenance fee: Zero.

• ATM withdrawal fee (international): ₹425 + GST per transaction.

How to choose the best Forex card for your Turkey trip

Since you now know the options, here are the points of comparison to help you choose the best one from the recommendations shared above:

1. Zero or nominal cross-currency charges: While most of your spending in Turkey will be in USD or Euro, there might be instances where only Turkish Lira (TRY) is accepted. Choose a card with low or zero cross-currency charges to minimise costs for such transactions.

2. ATM withdrawal fees: If you plan to withdraw cash frequently, look for a card with lower ATM withdrawal fees. This will save you money when accessing cash in Turkey.

3. Single vs multi-currency: Multi-currency cards provide flexibility for travellers visiting multiple countries, while single-currency cards (like Niyo Global) can be a cost-effective option if you plan to visit only Turkey. You can make your own decision based on your travel plans.

4. Lock-in or competitive exchange rates: Some cards allow you to lock in an exchange rate when loading the card, offering predictability. Others use real-time rates, which could be advantageous if rates improve. Choose a card based on your risk tolerance.

5. Customer experience and reviews: Check reviews and customer feedback about the card's reliability, app interface, and customer service. A card with 24/7 support and user-friendly management options is very important for going on an international trip. 

Quick forex tips for Indians travelling to Turkey 

During your travels in Turkey, it is not enough to have a forex card, but by learning a few forex tips and being careful, you can save a lot of unnecessary charges. Here are some tips that you can keep in mind:

1. Avoid Dynamic Currency Conversion (DCC): When making payments, always choose to pay in the local currency (USD, EUR, or TRY) instead of INR to avoid unfavourable exchange rates from Dynamic Currency Conversion.

2. Monitor exchange rates: Keep an eye on the USD, EUR, or INR-to-TRY exchange rates. This will allow you to load the card when the exchange rates are most favourable. 

3. Carry a backup card or cash: Always have a backup Forex card or some cash for emergencies, as some places might not accept cards or digital payments. You can get TRY for EUR or USD at comparatively better exchange rates at trusted local currency exchange counters in tourist areas like Istanbul, Ankara, or Cappadocia.

4. Track spending in real-time: Use the mobile app associated with your Forex card to monitor expenses, reload funds quickly, and avoid overspending.

5. Know the T&Cs of your card: Before you travel, thoroughly review the terms and conditions of your Forex card. Some cards may have restrictions on specific types of transactions or may require pre-authorization for specific expenses like car rentals. Understanding these limitations will help you avoid inconveniences.

Conclusion

To sum up, all the above-shared cards are the best Forex options for your trip to Turkey. Each card comes with unique features like zero cross-currency charges, competitive exchange rates, and advanced security, ensuring a hassle-free and cost-effective travel experience. Whether you prefer multi-currency convenience or real-time conversions with single-currency cards, there’s an option tailored to your needs. 

However, don’t forget to review the terms and conditions of your card for smart spending abroad. Additionally, follow the Forex tips provided to save on unnecessary charges and enjoy peace of mind while exploring Turkey’s vibrant cities and stunning landscapes.

Recommended Read: If you are visiting Turkey for the first time, make sure to read our Beginner's Guide to Turkey filled with essential information and practical tips to help you navigate your trip effortlessly.