Can you use a CBA Travel Money Card in Australia?

Your Travel Money Card can be accepted all over the world wherever Visa is accepted. If the currency of your travel destination isn’t listed, you can still load and use Australian Dollars when you’re overseas (see 4.5). If you have more than one currency on your Travel Money Card, a Currency Order will apply (see 4.5.

How long does it take to get a travel money card from Commonwealth Bank?

Order a Travel Money Card online and get your name on your card. Your card will be delivered by mail within seven business days1. To get a card online, you’ll need to be a CommBank customer and registered to use NetBank. Pick up a card at any CommBank branch.

Can I use travel card for online purchases?

You can use it just like your Credit Card for online shopping or to make online payments for flights, hotel rooms, etc. The advantage of using a Forex Card when abroad is that online transactions will not attract additional (cross-currency) charges.

Can I use my travel card in Australia?

Yes you can use all travel cards in Australia but you might choose not to due to the fees. ING, Macquarie, Up, Citibank are all good examples of travel money cards that do not charge for ATM withdrawals in Australia.

Is it worth getting a travel money card?

It’s safer. A prepaid card is similar to having cash on you but it’s safer than carrying around too much or leaving it in your hotel even if it’s in the room safe. This is the main advantage of carrying one of these cards as your money is safe if the card is lost or stolen.

Does CommBank travel Card have fees?

$0 issue fee Order a Travel Money Card online or in branch for free. Load up to 13 currencies in NetBank and the CommBank app.

How does the CommBank travel money card work?

A Travel Money Card can store up to 13 currencies at any one time. The applicable currency will automatically be used for the country you’re in if you have that currency on your card.

Which prepaid travel card is best?

Top-pick prepaid travel cards

  • Revolut – top rates on weekdays.
  • Wise – top rates with low fees.
  • EasyFX – zero overseas ATM fees.

How do I use my Commonwealth Travel Money Card?

How it works

  1. Order a Travel Money Card in NetBank (or at your nearest branch) and load at least AUD 50 or the foreign currency equivalent to get started.
  2. Once you’ve got your card, activate and set PIN online in NetBank or under Cards in the CommBank app.

What is the disadvantage of travel money card?

Fees. You will incur some fees when using a travel money card, however just how much you’ll have to spend varies. Some cards will only charge a once-off transfer fee, while others will charge more. Make sure you read all the terms before choosing a card.

What are the disadvantages of a prepaid card?

Cons

  • Hidden fees. This is the biggest, most significant downside to prepaid cards and may outweigh all of the pros.
  • No interest. Money stored on prepaid cards does not accrue interest.
  • May not be safer than credit cards.
  • No credit-history boost.

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