Our
ForexPlus Card
is a prepaid Travel Card that allows you to safely manage your overseas expenses without carrying cash or TC's, and the GiftPlus Card is a prepaid Gift Card designed to give your loved ones the freedom to buy the gift of their choice.
What is a prepaid card and how does it work?
Prepaid cards can be used to make purchases, similar to a debit card. But when you get a prepaid card, it comes
with a balance that acts as your spending limit
. Once you've spent the balance, the card becomes unusable until you add more money to it.
How can I use HDFC prepaid card?
| Buy and Sell Forex Currency Service Tax Amount | Up to Rs. 1 lakh 0.15% of the gross value or Rs. 37.5/- whichever is higher |
|---|
Can we withdraw money from HDFC prepaid card?
You cannot withdraw cash using a Prepaid Gift Card
. The amount loaded in the Prepaid Gift Card is limited. HDFC Bank limits it to INR 10,000.
What does it mean when it says prepaid card?
Unlike a debit card, a prepaid card is not linked to a bank account. Generally, when you use a prepaid card,
you are spending money that you have already loaded onto the card
. Prepaid cards vs. … Instead, you are spending money you placed in the prepaid card account in advance.
Can you withdraw cash from prepaid card?
Can you withdraw cash from a prepaid Visa? You can withdraw cash from a prepaid Visa, with the card being treated the same way as any Visa debit card. This means that you can use the prepaid Visa to make purchases online or in-person, make bill payments and withdraw cash.
How can I add money to my HDFC prepaid card?
- Login to your NetBanking account.
- Select prepaid cards.
- Select the type of forex card you hold.
- Enter the amount and currency of your choice.
How much money can you put in a prepaid card?
Is There a Maximum Amount You Can Load Onto a Visa Prepaid Card? Most Visa prepaid card options will allow you to load
up to $15,000
into the card account. If you're accessing a reloadable prepaid card, you can continue to add money to your account when you spend some of your current balance.
What are the top 10 prepaid cards?
- NetSpend Visa Prepaid Card.
- PayPal Prepaid MasterCard.
- Brinks Prepaid MasterCard.
- Movo Virtual Prepaid Visa Card.
- Starbucks Rewards Visa Prepaid Card.
- Fifth Third's Access 360° Prepaid Debit Card.
- American Express Serve.
- WeSwap MasterCard.
What are the benefits of a prepaid card?
Prepaid cards offer a wealth of benefits to consumers:
there is less risk of overspending
, they're safer than cash, they're easy to use and reload, and they're a viable alternative to using traditional credit or debit cards. Less risk of overspending. Prepaid cards offer less risk of overspending than credit cards.
How do I transfer money from a prepaid card to my bank account?
Yes, you can transfer money from most prepaid gift cards to your bank account using
a service called CardCash
. Unlike most prepaid cards, gift cards are disposable and can only be used until the balance reaches zero while most prepaid cards are reloadable and can be used indefinitely.
How do you reload a prepaid card?
- Arrange for a paycheck or other regular payment to be directly deposited onto the card.
- Transfer money from a checking account or another prepaid card.
- Buy a “reload pack” to add a certain amount to your card.
- Add funds at certain retail locations or at the financial institution that provides the card.
How can I activate my HDFC prepaid card?
- Login in to HDFC Bank Prepaid Card Netbanking with your User ID.
- Go to “Account Summary” tab and click on “Manage My Profile” option.
- Click on “Manage My Limits” tab and then select your “Card”
- Enable the service & set transaction/daily limit**
How do you know if a card is prepaid?
Look
for the logo of a major credit card brand
, including Visa or MasterCard. This will indicate that you can use the card like a credit card anywhere credit cards are accepted. Look for a name. If it's a gift prepaid Visa or MasterCard, there will not be a customer name on the card.
Can the government track prepaid cards?
Can prepaid gift cards be traced?
Typically not
. Since gift cards are simply bought and traded like digital cash, there is little way to trace one unless it is a prepaid debit card with a bank or credit network.
Are prepaid cards safe?
A prepaid debit card is
as good as cash
—and sometimes better: It is a safe way to carry money around—unlike, say, a wad of paper money. Prepaid cards also come with certain consumer protections, while cash does not.
