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Thomas Cook Partners with Muthoot Forex to Expand Payment Network

Thomas Cook (India) Limited has joined hands with Muthoot Forex, part of the well-known Muthoot Group, to make its travel and student forex cards available across India. This partnership uses Muthoot’s wide network of over 7,000 branches, including 43 specialized forex branches, to reach customers in big cities as well as smaller towns.

About the Partnership

The partnership is focused on two main products:

  • Borderless Travel Card: Made for international travelers.
  • Study Buddy Card: Specially designed for Indian students studying abroad.

These pre-paid forex cards will now be available at Muthoot branches in metro, mini-metros and Tier 2 to Tier 4 cities.

Features of Borderless Travel Card Features

The Borderless Travel Card is made for international travelers. Here are some of its key features:

  • Supports 12 global countries
  • Accepted at over 70 million merchant outlets in 200+ countries
  • Offers the emergency cash help and free card replacement if lost or stolen
  • Comes with a free global SIM card
  • Has chip and PIN cover up to Rs.7.5 lakh
  • Offer 2.5% discounts on attractions and experiences
  • Users can earn up to 1,000 Edge Reward Points when they load $1,000 (or equivalent)

Study Buddy Card for Students

The Study Buddy Card is specially made for Indian students going abroad. It includes:

  • Free International Student Identity Card (ISIC)
  • Free global SIM card
  • One free ATM withdrawal per month
  • No surcharge at All Point ATMs in the USA, UK, Canada, Mexico and Australia
  • Zero mark-up on base currency spending
  • Fraud protection insurance
  • 24×7 customer support

What Thomas Cook Says?

Deepesh Varma, Executive Vice President of Foreign Exchange at Thomas Cook India, said, ”We want to make international travel and studying abroad easier and safer. Our partnership with the Muthoot Group helps us reach more people in every corner of India. With these two cards, travel and study overseas will now be more convenient and rewarding.”

Thomas Cook Partners with Muthoot Forex to Expand Payment Network_4.1
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