Thomas Cook India Partners with Muthoot Forex to Expand Reach

In a strategic move to enhance access to its innovative forex solutions, Thomas Cook (India) Limited, India’s leading omnichannel forex services provider, has announced a partnership with Muthoot Forex, the foreign exchange division of the renowned Muthoot Group. This collaboration aims to expand the reach of Thomas Cook’s Borderless Travel and Study Buddy Cards through Muthoot’s robust network of over 7,000 branches, including 43 full-fledged forex branches across India.

The Borderless Travel Card, designed for leisure travellers, supports 12 global currencies, offers zero ATM withdrawal fees, free global SIM, airport lounge access, and travel insurance cover up to Rs 7.5 lakh. Travellers can also earn Thomas Cook Edge Reward Points redeemable for holidays and flights, alongside discounts on attractions and experiences.

Deepesh Varma, Executive Vice President, Foreign Exchange, Thomas Cook (India) Limited, said, “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.

For students, the Study Buddy Card offers a free ISIC card, zero mark-up on base currency transactions, monthly free ATM withdrawals, fraud protection, and KrisFlyer miles on forex purchases, making it a reliable companion for life abroad.

This partnership significantly widens accessibility, especially for Tier 2–4 markets, ensuring travellers and students across India can access secure, sustainable, and convenient forex solutions.