Thomas Cook India Launches Zero Markup Forex Card for International Travellers
Thomas Cook (India) Limited, a major provider of omnichannel foreign exchange services, has introduced the Zero Markup Card. The card relaunches its One Currency Card offering zero mark-up and zero cross-currency conversion charges, targeting digitally savvy travellers who seek cost efficiency and protection against currency volatility during international trips.The new product combines modern travel card convenience with the benefits of a prepaid forex card. This feature allows customers to lock in foreign exchange rates prior to travel, which provides safeguards given the global fluctuations witnessed across various currencies this year.
The Zero Markup Card is designed to tackle four primary pain points faced by travellers today: zero forex mark-up on card loading; zero cross-currency conversion charges for payments in non-USD currencies; protection against currency volatility; and ensuring customers benefit if the US Dollar appreciates after the card is loaded.
Key Features of the Zero Markup Forex Card
The card offers a range of travel benefits designed to enhance the customer experience:| Feature | Details |
|---|---|
| Cashback Offer | 10% cashback on spends at brands including McDonald's, Starbucks, KFC, Grab, Uber, 7 Eleven and Careems. |
| Insurance Coverage | Complimentary insurance cover of up to ₹7,50,000. |
| Assistance | Free emergency cash assistance and zero-cost card replacement if lost or stolen during travel. |
| Global Acceptance | Global acceptance across more than 200 countries where Mastercard is accepted. |
The Zero Markup Card is exclusively available through Thomas Cook India's digital platforms, including the company website (thomascook.in), the mobile app (TC Pay), WhatsApp, call centre, and Blinkit.
Strategic Focus on Customer Value
Deepesh Varma, Chief Business Officer -Foreign Exchange at Thomas Cook (India) Limited, stated that the Zero Markup Forex Card addresses the specific needs of today's value-conscious travellers by combining zero markup and zero cross-currency conversion charges with the ability to fix exchange rates before departure. He added that this initiative reinforces Thomas Cook’s standing as 'India ka Forex Specialist,' reflecting the company’s dedication to innovation and customer experience in a volatile currency market.About Thomas Cook (India) Limited
Established in 1881, Thomas Cook (India) Limited (TCIL) is a leading omnichannel travel entity offering a wide spectrum of services including Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Value Added Services, and Visa Services. TCIL operates several B2C and B2B brands such as Thomas Cook, SOTC, TCI, and Asian Trails.The Thomas Cook India Group operates across 5 continents in 28 countries. The company has received numerous industry accolades, including MICE Powerhouse at MaxiiiMICE Awards 2025 and several awards from The Economic Times for its travel operations.
CRISIL has given ratings to the financial standing of TCIL's debt programs, holding the highest rating for a travel and tourism company in India for long-term bank facilities. Fairbridge Capital (Mauritius) Limited promotes TCIL with a 63.83% shareholding.
THOMASCOOK Stock Price Movement
Thomas Cook (India) Limited shares are edging higher to ₹104.26 as of 2:40 PM, gaining 1.24% in live trading.The stock has seen brisk activity today, with over 613,362 shares traded and the price holding within a wide intraday range.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.
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