You use your credit card to withdraw cash from overseas. Our travel checklist covers the top 10 money tips to. Managing multiple currencies on your travel money card travelling overseas. Best travel money cards australia mozo experts choice. Adb2971 171219 contact us if you have questions or your card is compromised, lost or stolen, were ready to help, 24 hours a day, 7 days a week.
Great to have some cash on you for small things when you first. Commonwealth bank travel money card prepaid travel card. Visa travel services visa travel credit card support visa. In australia, he banks with commonwealth and decided to take out their commonwealth travel money card. And as we are students the fees arent too bad with the commbank travel card. Compare prepaid travel cards using our comparison table above and find the best prepaid currency card available. The rate applicable is the commbank retail foreign. How to choose the best travel money card for you money magazine. For the mozo experts choice travel money awards, we considered the 3 primary methods of accessing funds while on an overseas holiday. Its the smart way to carry your travel money when you dont feel safe handling cash. Commonwealth bank at a loss, customers furious at travel money card outage. Flight centre travel group limited abn 25 003 377 188 trading as flight centre, the universal traveller and travel associates. Additionally, i would avoid having any money left in baht on the card and having the exchange it back to aud at cbas poor rate.
If you have any questions regarding your travel money card, please visit our support page. Reloadable cards from visa, american express, and the uks post office replace travelers checks. Top 10 travel money prepaid cards best travel cards. The best travel money cards 7eleven just go visa prepaid. Convenient and easy to carry around, a prepaid travel money card is simply a cash card that you can preload with a number of different foreign currencies. However, the good news is that you can also order and start using your travelex money card right away, even whilst your current cash passport is still valid. Prepaid travel money cards give you tight control over your holiday budget. Australias best travel money cards 2016 at mozo, were passionate about getting australians a better deal on their finances and the experts choice awards provide us with a platform to highlight travel money. Jan 02, 2020 commonwealth bank low fee credit card.
The westpac global currency card is a reloadable prepaid visa card that you can use overseas or to shop online from home. These cards have some advantages, but make sure you dig a little into the fees section in order to find the travel money card that will cost you less to use overseas. Read our prepaid travel card guide for the cheapest cards on the market. View fees, features, and expert ratings to find the best travel money card. The commonwealth bank travel money card is a prepaid visa card that lets you. Fee information for anz, cba, nab, westpac, suncorp and bankwest. Use our app to order and activate your travel money card, view your balance and top up your card. Commbank appnetbank log on to the commbank app or netbank to transfer money from your eligible commbank account to your travel money card. Always know how much you have to spend, no matter how the australian dollar moves. Jul 27, 2017 a travel money card is a card that you load foreign currency onto so it can be used overseas to withdraw cash at an atm, in store, online or over the phone. He decided to travel asia for a month while his work allowed him to. If you do, you should check to see how much it covers, and under what circumstances the coverage kicks in. The commonwealth bank travel money card is a prepaid visa card that lets you load up to foreign currencies and lock in exchange rates. Load up to currencies in netbank and the commbank app.
A guide to the commbank awards program point hacks. Low fee card the only fee that can apply is an inactivity fee after 12 months which you can avoid by cancelling the card. Commonwealth bank low rate credit card credit card. Hey guys, just a quick easy question, what atms support the commonwealthbank travel money card. Each form of travel money has different benefits and depending on the destination, one may be suited as better than another. To be eligible to receive the qantas card with the option of qantas travel money. The commonwealth bank low rate credit card fits this bill very nicely. To be eligible to receive the qantas card with the option of qantas travel money you must be an australian resident qantas frequent flyer member 16 years of age or older. This article explains what exactly a travel money card is, what you should look for in a travel money card, and how to use them. With a prepaid travel cash card, youre likely to whacked with two fees a transaction charge and a conversion fee every time you withdraw money from an atm overseas. The multicurrency, prepaid travel money card that offers 11 currencies and locked in exchange rates. You can manage your account online, save on loading fees. Once youve found the best prepaid travel cards for your needs the ones that hold the right currencies its time to find the cheapest. By ing ditch international fees for more travel adventures.
Travelex money card prepaid currency card travelex uk. Travel money, for lack of a better term, essentially means the options of credit cards, debit cards, prepaid cards and foreign currency all designed for travel and foreign transactions. Commbank offers personal banking, business solutions, institutional banking, company information, and more. Beware, though, as it comes with some pretty hefty fees and it may not. There are a great amount of no annual fee offers available in market. We look at the pros and cons of the four main types. The travelex money card is an enhanced product with contactless functionality. Order a travel money card online or in branch for free. When you transfer money from your travel money card to another travel money card or to a commbank transaction account transferring from a foreign currency to another foreign currency. Commonwealth bank travel money card bali forum tripadvisor. You can also transfer funds between the currencies for free while travelling and monitor your balance online or over the phone 247. Canstars travel money card star ratings use a sophisticated and unique ratings methodology that compares both cost and features across travel money card products. There are three ways to reload your travel money card.
In australia, he banks with commonwealth and decided to take out their commonwealth travel money card for his trip. Some use the interbank rate the perfect exchange rate, some use mastercards or visas exchange rates, others still set theirs by picking one of these rates, then taking a certain percentage as their exchange fee. You can reload straight away in netbank or the commbank app when you transfer money from certain commbank accounts to your travel money card. If you choose to buy a travelex money card and already have an existing cash passport, you will need to transfer the balance on your cash passport to the travelex money card within 30 days of the purchase of the travelex money card. These star ratings aim to recognise travel money card. Different exchange rates will apply to cards which have not been purchased on this website and initial card load and reload transactions in our partner branchlocations. How many days does it take for a travel card to arrive. Commbank customers furious at travel money card outage. Hi all, was looking at purchasing a commonwealth bank travel money card. Local reliable changers are at about 9,600 at the moment. Cash passport platinum mastercard helps you simply outsmart travel money. All financial products come with various fees attached to them and travel money cards are no different. Mar 25, 2020 how the different travel money products work in malaysia using prepaid travel cards. Jul 05, 2017 financial comparison website canstar has analysed 12 travel money cards and looked at the pros and cons of travel money cards when compared to credit and debit cards.
Commbank app terms and conditions these terms and conditions apply when you use the commbank app for mobile banking. Has anybody had any good or bad experiences with them. A travel money card is a card that you load foreign currency onto so it can be used overseas to withdraw cash at an atm, in store, online or over the phone. Nov 26, 2019 commonwealth bank travel money card guide commbank s range of travel money services and travel insurance help keep your money safe and give you peace of mind wherever you go. Possibly staying at sofitel, where we would be paying for some meals with a card. Not only will you get the lowest purchase rate of any of commbanks credit cards at. You can load up to 5 different currencies at any time with 11 currencies to choose from and you can top it up at any time. An sta travel money card offers many of the same features as a debit or credit card, but you can only spend the money that you have loaded onto it. Regardless of whether youre using a travel money card, credit or debit card, the chances are youll be paying an atm usage fee. Hi, after reading of the surcharges that one pays on using credit cards in a fiji, wondering if the coomonwealth travel card would be accepted.
Dom is from the uk but has lived in australia for the past year. There are no fees involved when you load funds into a foreign currency wallet, transfer funds between currency wallets on the card, or spend money in a currency that isnt loaded or supported by your card. This makes it a convenient alternative to carrying cash overseas, reduces the risk of your bank details being stolen and can be a more cost effective solution than debit or credit cards. Travel money card prepaid currency card post office. The commbank travel money card lasts for three years and there are no fees for inactivity or cancellation of the card, giving you flexibility to use it as much or as little as you want without paying more for the service.
Sep 24, 2019 enjoy the safety and convenience of a commbank travel money card that lets you load currencies at the same time. Not only is this one of the best prepaid cards for traveling, but its also one of the most popular overall prepaid cards. Commbank currently sells travel cards with an exchange rate of 8,575rp. Here are the fees associated with the travel monday card a small price to pay for peace of mind when travelling. The commonwealth bank travel money card is a handy prepaid travel card if you are visiting multiple countries on your holiday as it allows you to load up to as many as currencies. Prepaid cards providers offer different rates to each other. Instantly, youre hit by the currency conversion fee to get your cash converted to. Discover how to set a currency order, get alerts, reload currencies, track your spending and more.
As prepaid travel cards are not linked to your debit account your holiday money is protected. Qantas travel money is a prepaid mastercard payment facility built into the back of the qantas frequent flyer membership card. The earning and redemption of commbank awards points are subject to terms and conditions of the commbank commonwealth awards program. The travel money card is not only convenient, its also affordable. In addition, some travel money, credit and debit cards charge a fee to process an atm transaction while other cards process the transaction for free. Instead, a retail foreign exchange rate determined by commbank is applied at the time of conversion. Log into post office travel money card post office. A travel money card is a card that allows you to load several foreign currencies at fixed exchange rates. Smallest number of currencies, so if you want to travel anywhere else or do a stopover in asia on the way to europe it wont work for you. Commonwealth bank travel card fiji forum tripadvisor. How to use a travel money card youre still logged on to netbank.
While commonwealth bank low fee credit card is the name of the card, with a high purchase rate of 19. My girlfriend and i dont feel comfortable taking all cash, hence why we were hoping to sort out the best option for the card. You can also buy travel insurance and view your policy documents inapp, book your airport parking and much more. If youre an orange everyday or orange one customer you can be eligible to receive rebates on all atm fees overseas plus pay zero ing fees on any international purchases, whether they be while youre jetsetting the globe or just buying stuff online. The only reason the commbank card would come out in front is if you needed the additional three currencies on offer. Commbank travel money card australia forum tripadvisor.
No foreign transaction fees, no foreign atm withdrawal fees from citibank the individual atm provider may have a fee similar to using a westpac card at a commbank atm. Bpay make an online payment from any bank account, using. Login to your cash passport platinum travel money card. This article explains what exactly a travel money card is, what you should look for in a travel money card. Commbank awards, with the linked standard, gold, platinum and diamond accounts, is one of australias most popular rewards programs when it comes to sheer bulk of. Commonwealth bank cards have suffered a major outage, leaving thousands of people stranded and unable to access their money. The truth about using your bank card overseas travel money oz. Since travelex money card is a prepaid card, we recommend that you dont use it for reserving a rental car or hotel room, on a cruise, or at an automated gas pump. Just did a quick check on the big 4 banks and travelex for thai baht and anz had the best rate.
Using a travel card in malaysia will be subject to a currency conversion fee as you cant load ringgit onto the card. View fees, features, and expert ratings to find the best travel money card for you. Like debit and credit cards, a travel money card can be used to make purchases in. Mozo has been researching and comparing financial products since 2008, and hundreds of thousands of australians use our. Manage and control your travel money card commbank. Personal banking including accounts, credit cards and home. Nab traveller card vs commbank travel money card finder. You can also transfer the balance on your existing cash passport to your new travelex money card in the same currencies and at no extra cost by contacting card services. The easiest way is through netbank and the commbank app. We will provide you with settlement instructions and the applicable exchange rate at the time you book a reload transaction. Citis move underscores the need to check your credit card before you make a travel purchase to see whether you have trip cancellation and interruption coverage. New fee free travel card and app to launch in australia the new hay account is. That said, both card networks offer extensive global. The nab traveller card is a prepaid mastercard while the commonwealth bank travel money card is a prepaid visa card.
Travelex money card prepaid currency card travelex us. First rate exchange services ltd, a company registered in england and wales with number 4287490 whose registered office is great west house, great west road. But the savings with the travelex money card are offset by other fees that cards with slightly worse exchange rates dont charge, such as a 1. Get a visa travel card at anz, commonwealth bank, st. Heres how long itll take to get your travel money card. You can also buy travel insurance and view your policy documents inapp, book. Use your travel money card to pay for items at over 36 million locations. Post office travel money card is an electronic money product issued by first rate exchange services ltd pursuant to license by mastercard international. Below are the fees and charges associated with your travel money card a small price to pay for peace of mind when travelling. The westpac global currency card also offers south african rand, which no other card offers as one of its currencies. Purchase security insurance information booklet these terms and conditions apply when you make purchases using a travel money card issued by us through visa. You must be 14 years or over to purchase a travel money card. A travel money card is a specifically designed debit card, with similar security features thats not connected to your other bank accounts. Cash passport platinum mastercard travel money card.