TripMoney is a fintech solution that provides you with various financial facilities in the app like Travel Loan, Credit Cards, Insurance, Forex, and Pay Later. Recently, they’ve launched a new prepaid forex card called TripMoney Global Cash Card which provides a 0% Forex Markup rate. This Visa prepaid card is issued by SBM Bank. You just have to load the money on the app and then you’re ready to use this card.
The best part of this card is that there are no annual charges, no renewal fees, no balance inquiry fees, and no charges to load money. In simple words, it’s a Prepaid Forex Card that is free of cost. In this article, we’ll be going to discuss some of the main features of this prepaid card and how you should apply for this card. Here’s an overview:
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TripMoney Global Cash Card Benefits:
0% mark-up on forex rates with this prepaid card. Only Visa exchange rates apply to this card.- This prepaid card is free of cost and there are no hidden charges like joining fees, annual fees, renewal fees, etc.
- You can easily load money with this account in INR and can spend in any foreign currency as this card is applicable for domestic and international transactions.
- This prepaid card is accepted on all the POS and ATMs across more than 150 countries worldwide.
- You can digitally control the expenses and transactions of the Visa-powered prepaid card with the TripMoney app which makes it easier for the user.
How does the TripMoney Global Cash Card work?
Load money instantly:
Just like any other prepaid card, you can also load money into this card instantly at no additional cost.
Free to spend the money globally:
This Visa prepaid card is accepted on all the POS and ATMs anywhere in the world that accepts Visa cards and you won’t pay any extra charge for it.
Instant cash withdrawal in foreign currency:
You can easily load the cash amount in INR with this prepaid card and withdraw from ATMs in more than 150 countries at transparent fees.
0% Forex Mark-up rate:
They deliver Visa’s exchange rate directly to you and do not add any extra fees or charges, as charged by the banks from 2% to 4% on each of your expenses.
Additional rewards:
When you activate the Visa prepaid card, the user will get some complimentary rewards like MMT (MakeMyTrip) Black Membership, Discounts Coupons of over Rs.7000 on the MakeMyTrip app, and many more.
How to apply for the TripMoney Global Cash Card?
- Download the MakeMyTrip App and install the application on your Smartphone.
- Now, open the app and log in with your mobile number on the MakeMyTrip app.
- Now, the main dashboard of the MakeMyTrip app will open. Now, click on the TripMoney tab which is present on the bottom side of the app.
The TripMoney page will open on the app. Now, it will display multiple options like Travel Loan, Credit Cards, Insurance, Pay Later feature, and Forex. Simply click on the Forex option.- Again, a new page will open on the screen which displays the details of the TripMoney Global Cash Card along with its features. Now, click on Get Started option to apply for this card.
Now, you’ve to enter your PAN Card Number, Your Full Name, Date of Birth, and Gender, and then click on Proceed option.- Now, you’ve to upload your photo on the TripMoney page and click on the Continue option.
- After uploading the photo on the app, now you’ve to complete the Full KYC Verification process on the app.
- Click on the Start button to enter your Aadhaar Card number to complete your Full KYC.
- Now, an (OTP) will be sent to your mobile number which is linked with your Aadhaar Card. Enter the OTP and the Security Code (or Captcha Code) on the TripMoney page and then click on Confirm option.
- Now, it will display your Aadhaar details on the app. Again, click on Confirm button to complete your Full KYC Verification process on the app.
After finishing this process, your TripMoney Global Cash Card will be activated and you can physically order this card to your address. Update: Now you need to load a minimum of ₹1000 to your card to order it to your address. Earlier, you could get the card delivered to your address and then needed to load ₹1000 to activate it. It is essentially the same thing since without loading money, your wallet won’t be activated.
Click on Share Delivery Address and enter your address details like Your Pincode, City, State, and Current Address Location and then click on Submit Address option.
After 7 to 10 days, your physical prepaid card will be delivered to your given address and you can also track the delivery status of your prepaid card easily.
Note: The joining fee for this card is waived off due to its limited offer where you can order this card free without paying a single penny. But this is a limited period offer which means after some time, if you want to apply for this card then you’ve to pay the Joining Fee of Rs. 499 + GST on the TripMoney app.
Activating TripMoney Global Cash Card:
Once you receive the TripMoney Global Cash Card, you can activate it by scanning the QR Code that you receive on the card leaflet. Within a few days of card activation, you will an email with the following vouchers:
At the time of writing this post, I haven’t got the promised MMTBlack membership yet. I will update once I get the same. Anyways I am still happy since I was able to get this card as a Lifetime Free Card, and it will work great as a Global Forex Card, something to replace the Niyo DCB Card.
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Anuj is a passionate blogger from Bareilly, Uttar Pradesh. Currently pursuing B.sc in Programming and Data Science from IIT Madras. Apart from being an avid learner and a tech enthusiast, he loves playing PC Games and likes to keep himself updated with the latest trends in the tech industry.
Pls don’t use MMT TripMoney SBM card
1. They lie about MarkUps and over charge and hope you don’t find out
2. You cannot transfer back balance money to your card
3. You cannot access their dashboard in many countries including entire Europe because they are not data compliant
4. I am already pursuing a case against them for overcharging and they have returned all over-charged amount after due pressure on them
5. Also, when you return items that you may have purchased abroad (as you can return in 30 days), you really have to chase them for refund money..it’s not automatic
6 Use a forex card but by a reputed bank not ones that are running their business from a suitcase
7. Most pathetic customer service – they have no call centre number!
Hi!
Appreciate all your valuable information here. I tried searching for a contract number for their support team (specifically for TripMoney forex card) I was unable to speak to someone about it. If you have anywehere any customer support number to get more information please share, if you don’t mind.
Thank you so much.
Hello, their support email is support at tripmoney dot com
My photo keeps getting rejected on the kyc page
Hello Sanaya, yes some users facing this issue. Kindly retry in a few days. May be they fix it by then.
How load load moeny ?
You can load money using UPI or debit card or netbanking. Check the Tripmoney tab inside MMT App.
Hello, Thank you for sharing the details. Did you get any extra benefits promised with MMT Black membership ?
Hello. Yes I got the MMT Black Membership however I personally didn’t find it much useful since I don’t travel that much.
Selfe Reject kar rha hai .. baar baar Kya kare.
Try later after some time bro.