
Get exclusive shopping offers and guides
Straight to your inbox
Updated
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!
If you have ever bought an item online from a store based outside of Australia, then you might have had a shocker when you received your credit card bill. That’s because you saw an additional 2- 3% charge plus other “expenses” such as unfavourable conversion rates for your dollars.
There are some great bargains to be had on the internet, so fees or bad exchange rates shouldn’t stop you. Here are some ways to shop online and save on fees.
There are a number of credit cards, debit cards and travel cards available which won't charge foreign transaction fees.
There are a number of credit cards that charge 0% foreign transaction fees when you spend in a foreign currency. Most credit cards charge 2% or 3% per foreign transaction, which could add up if you're travelling overseas or regularly shop online with international merchants.
These cards often come with other travel perks including complimentary travel insurance and purchase protection, rewards programs and airport lounge passes. Each card provider will have their own exchange rate or might use the exchange rates set by MasterCard or Visa, so check these out before applying for any one card.
Some Australian debit cards also waive foreign transaction fees. You can compare some of the current options in the table below. Some will require you to meet deposit and spend requirements to activate the foreign transaction fee rebate. You may be able to find cards that don't charge any account-keeping or international ATM withdrawal fees as well.
information on comparing debit cards
Travel cards are designed to be used when you're overseas but can also be used when you shop online. They usually offer around 10 supported foreign currencies, which you can transfer your Australian dollars to and then save on foreign transaction fees. Unlike your debit card, travel cards are prepaid and you can top up your balance. These cards sometimes charge loading fees or currency conversion fees when you spend in a currency that isn't supported or loaded on the card.
If you are looking to travel or interested in learning more, see our travel money guide here.
Back to topWith bonus Qantas Points and a range of complimentary insurance covers, the Westpac Altitude Platinum - Qantas is worth considering if you want more frequent flyer points.
Learn more about how PayActiv's Earned Wage Access service can help you access up to $500 of your paycheque for a $5 fee charged fortnightly (only if you access your wage before payday).
Pick up some splurge-worthy pieces for a steal with these Moschino discount codes.
Get $250 credit back when you meet the eligibility requirements and 55 days interest-free on purchases.
We rate the fees and features of both online brokers.
Find out what you need to know before starting an accounting business.
Ready to start your online clothing rental business? Here are the most important steps to take.
The ANZ Rewards Platinum Credit Card offers a competitive rewards program, $0 annual fee for the first year, a $500 gift card, a balance transfer offer and a range of complimentary insurance covers.
Get a head start on your next adventure thanks to the online retailers offering Zip Pay.
Discover the retailers offering kids essentials through the buy now, pay later service.