Forex
ICICI Bank Student Sapphiro Forex Prepaid Card
- Joining fee
₹2,999 + GST
- Annual fee
Nil
- Best suited for
Travel, Shopping
- Reward type
Cashback
Rewards
- Rewards rate
5% Cashback on Online Grocery and Transit Spends
- Welcome benefits
Free International SIM Card and Discount Vouchers for Uber Worth ₹1,000
Benefits
- Travel
DreamFolks Membership
- International lounge
2 International Lounge Visits
- Insurance
Lost Card Liability ₹5,00,000
Product highlights
- This is a prepaid Forex card designed for students.
- This card has zero markup charges for international transactions.
- Cardholders get free access to international lounges with this card.
- Monthly three ATM fee waivers on cash withdrawals for five years.
- Lost Card Liability coverage up to ₹5,00,000.
Pros & cons
Pros
- This card charges a one-time fee of ₹2,500 and has no annual charge.
Cons
- The joining fee for this card might be too high for some people.
FAQs
Are there any fees associated with the ICICI Bank Student Sapphiro Forex Prepaid Card?
Yes, the ICICI Bank Student Sapphiro Forex Prepaid Card has the following fees: Joining Fee: ₹2,999 + GST. Renewal Fee: Nil (no annual charge).
What are the drawbacks of the ICICI Bank Student Sapphiro Forex Prepaid Card?
While the ICICI Bank Student Sapphiro Forex Prepaid Card offers many benefits, it does have some drawbacks, such as being limited to 5% cashback on specific categories, such as online grocery shopping and transit spends.