Best ways to buy US dollars (USD) in Australia | Finder

How to buy USD online

Find out how to get the best value when buying US dollars.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

The US dollar is one of the most popular currencies in the world and can be used not just in the United States, but in Cambodia, Costa Rica, Vietnam and several other countries.

But what's the best way to get some USD in cash before you head overseas? In this guide, we'll walk you through how to do this and more.

Quick guide: How to buy USD online in 4 easy steps

  1. Compare rates from currency exchange services.
  2. Order the USD and choose whether you want delivery or pick-up.
  3. Pay for the exchange. You may need to provide contact details to help identify you.
  4. Collect your currency.

How buying foreign currency works

Compare online currency exchange services

Data updated regularly
Name Product Description Minimum Order Amount Maximum Order Amount Delivery/Pickup Method Commission Fees
Travelex Foreign Currency
Travelex makes it easy to exchange and get the best rate on over 40 currencies so you can be prepared for your next holiday.
$500
$5,000
In Store or At Airport
$0
loading

Compare up to 4 providers

Where's the best place to buy US dollars?

There are four main options for buying US dollars in pyshical cash. Which is best will depend on your circumstances.

Blue icon of a desktop screen Image: Infogram

Online

Pros

  • Often the cheapest method
  • You can pay with a bank transfer or a card
  • Gives you the freedom to pick your rate and easily compare

Cons

  • You'll need extra time for your money to be delivered or to organise pick-up

Blue icon of cash Image: Infogram

In-person at a money changer

Pros

  • Conveniently located in most CBDs and major shopping centres
  • You can pay with cash or card
  • You may be able to negotiate a better exchange rate

Cons

  • There may not be one nearby
  • It's not as easy to compare what exchange rates other places are offering without visiting them in person

Blue icon of a bank Image: Infogram

At a bank

Pros

  • You can order money online or in-branch
  • Most banks let non-customers exchange cash

Cons

  • Higher fees than currency exchange specialists
  • Uncompetitive exchange rates

Blue icon of a plane Image: Infogram

At the airport

Pros

  • Convenient for travellers
  • You can often get better rates if you order online in advance

Cons

  • Tends to be very expensive, since travellers don't have much choice

Find out more about travel money when heading to the US

What's the exchange rate right now?

Live Rate

= USD$ 0.7622

Refreshing in: 60s | Sun, Apr 11, 06:23AM GMT


Open a multi-currency account with Wise

Wise is an international account for 50+ currencies with fast money transfers, a muti-currency debit card and bank details for 30 different countries to make payments easy.

  • Government regulated
  • Supports 50+ currencies
  • Uses the mid-market rate
Promoted

Compare money transfer services

If you've decided a money transfer is the best option for you, the table below shows some of the services available, as well as the fees and exchange rates that each typically charges.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 0 1 - 2 days AUD 1.99 0.757 USD
7,568
Special offer: $40 off when you transfer more than $250+ with code AUFIND40, conditions apply.
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.759 USD
7,592
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.759 USD
7,592
Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.759 USD
7,592
Better exchange rates for Finder customers.
WorldFirst sends 60+ currencies at competitive rates. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 0.759 USD
7,592
$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Go to site Show details
AUD 1 1 day AUD 52.00 0.758 USD
7,545
Pay no fees on your first two transfers, up to $3,000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
AUD 10 Within an hour AUD 2.99 0.754 USD
7,536
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
AUD 1 Same day AUD 0.00 0.758 USD
7,584
XE has fast transfers with no fees and a range of foreign currency tools. Go to site Show details
AUD 200 1 - 2 days AUD 50.00 0.761 USD
7,575
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.
Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.755 USD
7,544
Special offer: Zero fees on your first 10 transfers.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
AUD 1 Same day AUD 3.99 0.753 USD
7,528
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
AUD 1 1 - 2 days AUD 45.00 0.762 USD
7,588
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

If you want to transfer money to the US, you can learn more about it and what to watch out for in our guide on sending money to the United States.

Frequently asked questions

More guides on Finder

International Money Transfer Offers

Important Information*
Logo for Azimo International Money Transfers
Azimo International Money Transfers

Special offer: $40 off when you transfer more than $250+ with code AUFIND40, conditions apply.
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.

Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.

Logo for Send International Money Transfers
Send International Money Transfers

Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
WorldFirst sends 60+ currencies at competitive rates. If you find a better eligible quote, WorldFirst will beat it.

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site