Thomas Cook India Launches Industry-First Cross-Border Rewards Program for Forex Card Customers
Mumbai, June 18, 2026: Thomas Cook (India) Limited, a leading omnichannel foreign exchange services company, has introduced an industry-first cross-border rewards program aimed at motivating international spending among its forex card customers. The initiative targets the rapidly evolving trend of digital and contactless payments among Indian travelers overseas, where benefits linked to prepaid forex card usage have previously been limited.The new rewards program offers a 10% rewards-back on POS, contactless, and e-commerce transactions made across select global retail brands and payment platforms. The participating merchants include Grab, Starbucks, McDonald's, KFC, Careem, 7-Eleven, and Burger King. To qualify for the rewards, customers must make a minimum spend of USD 25 per merchant. Under the program, customers can earn cashback up to USD 10 per day on participating merchants, with the rewards being issued in the form of Amazon vouchers, subject to qualifying spend thresholds.
The introduction of this rewards program is set to drive increased utilization of prepaid forex cards for everyday overseas purchases and encourage a shift from cash withdrawals to retail spending. By covering travel, dining, and lifestyle categories, Thomas Cook India aims to significantly enhance the value proposition of its forex cards for international travelers.
This initiative applies to all Visa and Mastercard Forex Cards offered by Thomas Cook (India), complementing existing features such as multi-currency capabilities and integration with digital payment platforms like Google Pay.
Deepesh Varma, Chief Business Officer for Foreign Exchange at Thomas Cook (India) Limited, stated that modern international travelers expect their payment solutions to be as seamless and rewarding as the travel experience itself. He emphasized that while prepaid forex cards offer a secure and cost-efficient way to manage foreign expenditures, the company sees substantial opportunity to boost everyday usage abroad.
"Our industry-first cross-border rewards program has been designed to encourage customers to actively transact using their Borderless Travel Card across transport, dining, retail and lifestyle categories while earning meaningful benefits in return," Varma said. He added that this initiative supports the broader goal of accelerating the move away from cash withdrawals toward secure, contactless, and digital-first payment solutions, further strengthening the card proposition alongside recent expansion into 28 currencies.
THOMASCOOK Stock Price Movement
Thomas Cook (India) Limited is rallying as of 1:28 PM, climbing by 2.20% to trade at ₹113.71. The stock experiences strong intraday movement, currently trading within the range established between ₹110.46 and ₹115.9.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.