Thomas Cook (India) Limited, a leading omnichannel forex services provider, has announced a strategic collaboration with Muthoot Forex, the foreign exchange division of the Muthoot Group. This partnership aims to significantly expand the distribution of Thomas Cook’s popular Borderless Travel and Study Buddy Cards across India. Through this alliance, both prepaid forex cards will now be readily available across Muthoot Group’s vast network of over 7,000 branches nationwide, including 43 dedicated full-fledged forex branches. This extensive reach covers not only major metropolitan areas but also mini-metros and crucial Tier 2-4 source markets, making international travel and overseas education financial solutions more accessible than ever before.
The partnership brings Thomas Cook’s innovative forex solutions closer to a wider customer base, offering distinct advantages for different traveler segments. The Borderless Travel Card, designed for outbound leisure travelers, offers a smart, secure, and convenient way to manage international transactions. It supports up to 12 global currencies for seamless transactions worldwide and is accepted at over 70 million Mastercard and Visa merchant establishments in more than 200 countries. Users benefit from free emergency cash assistance and card replacement for lost or stolen cards, a complimentary International global SIM card, embedded chip & PIN security, and a complimentary insurance cover up to ₹7.5 lakh (terms and conditions apply). Travel perks include complimentary airport meet & greet, free lounge access, and porter services at select international airports in India (terms and conditions apply), plus an exclusive 25% discount on select attractions and unique experiences (terms and conditions apply). Customers can also earn 1,000 Thomas Cook Edge Reward Points when loading USD 1,000 (or equivalent) and up to 500 points on card spend, redeemable for holidays, flights, and hotels from Thomas Cook India. The card also allows free ATM withdrawals (terms and conditions apply), features an eco-friendly design crafted from recycled plastic, and offers 24×7 customer support via call center, email, and web support on thomascook.in.
Specifically curated for Indian students pursuing education abroad, the Study Buddy Card offers comprehensive support. It includes a free International Student Identity Card (ISIC), a free global SIM Card, and convenient ATM access with one free ATM withdrawal per month and surcharge-free withdrawals at Allpoint ATMs in the USA, Canada, Mexico, UK, and Australia. The card boasts zero markup on transactions made in its base currency, provides comprehensive Fraud Protection Insurance (terms and conditions apply), and offers 24×7 customer support. Students also benefit from free emergency cash assistance, free card replacement on loss of card, free lounge access at International Airports in India (terms and conditions apply), and earn KrisFlyer miles on every forex purchase.
Mr. Deepesh Varma, Executive Vice President – Foreign Exchange, Thomas Cook (India) Limited, commented on the collaboration: “At Thomas Cook India, we are committed to making our forex card solutions smooth, seamless, and rewarding for our customers. Our alliance with The Muthoot Group leverages our powerful synergies—combining our expertise in travel and foreign exchange with Muthoot’s extensive network across India’s Tier 1-4 source markets. Through this partnership, we aim to bring our Borderless Travel and Study Buddy cards closer to consumers across India’s metros and regional markets, making international travel and study abroad even more convenient and accessible.” This strategic alliance is expected to significantly enhance the accessibility of secure and convenient foreign exchange solutions for a wide range of Indian consumers embarking on international journeys, whether for leisure, business, or education.
