• Rewards customers for overseas spending by offering 10% rewards-back across select global retail brands and payment platforms
• Reinforces adoption of contactless, wallet-based and cashless payments for international travel

Mumbai, June 18, 2026: As Indian travellers become increasingly digital-first in their spending behaviour, the way they pay overseas is evolving rapidly. From spending on daily essentials and transportation to swiping for experiences, dining, or shopping, travellers are increasingly choosing contactless and wallet-based payments over cash. However, while rewards programmes have become commonplace in India’s payments ecosystem, benefits linked to international prepaid forex card spends remain limited. Addressing this gap, Thomas Cook (India) Limited – India’s leading omnichannel foreign exchange services company, has introduced an industry-first cross-border rewards programme for customers using its forex cards, rewarding international spends on leading global brands.

Under the programme, Thomas Cook’s Forex Cards customers will now enjoy 10% rewards-back on POS, contactless and e-commerce spends across leading brands including Grab, 7-Eleven, Starbucks, McDonald’s, KFC, Careem and Burger King. Applicable on a minimum spend of USD 25 per merchant, customers can earn cashback of up to USD 10 per day across participating merchants, with rewards issued in the form of Amazon vouchers, subject to applicable terms and qualifying spend thresholds.

The rewards programme is expected to drive greater usage of prepaid forex cards for everyday overseas purchases, encourage a shift from cash withdrawals to retail spends, and deepen customer engagement through repeat usage. By rewarding transactions across travel, dining and lifestyle categories, Thomas Cook India is further enhancing the value proposition of its forex cards for international travellers.

Available across all Thomas Cook India’s Visa and Mastercard Forex Cards, the initiative complements the cards’ existing benefits, including multi-currency capabilities, global acceptance and integration with digital payment platforms such as Google Pay.

Mr. Deepesh Varma, Chief Business Officer – Foreign Exchange, Thomas Cook (India) Limited, said, “International travellers today expect their payment solutions to be as seamless and rewarding as the travel experience itself. While prepaid forex cards are already a secure and cost-efficient way to manage overseas spending, we see a significant opportunity to drive greater usage for everyday purchases abroad. Our industry-first cross-border rewards programme 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. The initiative also supports our broader objective of accelerating the shift from cash withdrawals to secure, contactless and digital-first payment solutions. Together with our recent expansion to 28 currencies, we are strengthening our Borderless Travel Card proposition to deliver greater convenience, value and flexibility for the globally mobile Indian traveller.”

About Thomas Cook (India) Limited:

Set up in 1881, Thomas Cook (India) Limited (TCIL) is the leading omnichannel travel company in the country offering a broad spectrum of services including Foreign Exchange, Corporate Travel, MICE, Leisure Travel and Value Added Services. It operates leading B2C and B2B brands including Thomas Cook, SOTC, TCI, SITA, Asian Trails, Allied TPro, Australian Tours Management, Desert Adventures, Travel Circle International Limited (TCI 勝景遊), Sterling Holiday Resorts Limited, Distant Frontiers, TC Tours, Digiphoto Entertainment Imaging (DEI), Go Vacation, Private Safaris East & South Africa.

As one of the largest travel service provider networks headquartered in the Asia-Pacific region, The Thomas Cook India Group spans 28 countries across 5 continents.

TCIL has been felicitated with ET Edge’s Best Organizations for Women (BOW) 2026, MICE Powerhouse at MaxiiiMICE Awards 2025, Outbound Travel Operator of the Year (2024) and MICE Travel Operator of the Year (2024 & 2023) at The Economic Times Travel & Tourism Annual Awards, MICE Travel Agency (Outbound) at the Economic Times MICE & Wedding Tourism Awards 2024, ‘Masters of Risk – Travel & Hospitality’ at India Risk Management Awards 2024, MICE Tour Operator of the Year – Outbound at SATTE 2024, Best Tour Operator at India Travel Awards North 2023, winner of the Corporate Citizen Award (Travel Tourism & Hospitality) at the Corporate Citizen Conclave & Award 2023, The Outbound Tour Operator of the Year 2022 at the SATTE Awards, IAMAI India Digital Awards 2022, CNBC-TV18 & ICICI Lombard India Risk Management Award – Travel & Leisure Category 2022 & 2021, CIO100 Award for digital innovation 2022.

CRISIL has reaffirmed the rating on debt programs and bank facilities of TCIL – ‘CRISIL AA/Stable’ on the long-term bank facilities of TCIL and ‘CRISIL A1+’ rating on the short-term bank facilities and short- term debt of the company. The highest rating for a travel & tourism company in India.

For more information, please visit www.thomascook.in

Fairbridge Capital (Mauritius) Limited, a subsidiary of Fairfax Financial Holdings Limited, is the promoter of TCIL with a shareholding of 63.83% of its paid-up capital.