ING debit vs ANZ Travel Card
Compare the ING debit card against the ANZ Travel Card to see which is right for your next overseas trip.
Both ING and ANZ offer cards with great travel benefits. Which is right for you will depend on the type of card you're looking for and how you plan to use the card when you're travelling overseas.
Let's jump in and compare both travel card options side by side.
About the author
Alison Banney is Finder's banking and investment editor, and has been writing about personal finance for more than six years. She has a Bachelor of Communications from Newcastle University, an ASIC RG146 Generic Knowledge Certification for financial advice and an ASIC RG146 Certification in Securities and Managed Investments.
- Best for avoiding international ATM fees: ING Visa Debit
- Best for storing multiple currencies at once: ANZ Travel Card
- Best for currency exchange rates: ANZ Travel Card
- Best for avoiding foreign transaction fees: Tie
- Best for contactless payment and digital wallet options: ING Visa Debit
- Best for easy account access: ING Visa Debit
- Best for withdrawing large amount of cash at ATMs: ANZ Travel Card
- Best for small, or large, account balances: ING Visa Debit
While there's no formal ING travel card on offer, using the ING Visa Debit card overseas is a popular choice for many Australians. This card is linked to an ING Orange Everyday Transaction account and offers free overseas ATM withdrawals and no foreign transaction fees if you deposit $1,000 per month and make 5+ card purchases a month. ING will immediately refund any ATM fees incurred overseas back into your account, including any fees charged by the third-party ATM operator.
For this reason, it's ideal to use this card as your everyday transaction account, so you can easily meet this condition. Depending on how long your trip is, you'll likely be depositing this much on the card anyway to pay for accommodation, food and activities when you're overseas.
What is the ANZ Travel Card?
Unlike ING, ANZ does offer a formal travel card that isn't a standard debit card linked to a transaction account. The ANZ Travel Card allows you to preload and store up to 10 different currencies at once, making it a convenient choice if you're hopping from country to country. You can store the most-popular currencies on this card including euros, pounds and US dollars.
|ING Visa Debit card||ANZ Travel Card|
|Account type||This card comes with the ING Orange Everyday transaction account. Option to link to a high interest savings account.||This is a prepaid Visa card that you can preload with different currencies before you head overseas.|
|Card purchase fee||$0||$0|
|Overseas ATM fees||If you meet the account conditions (detailed above) all international ATM fees will be refunded straight back into your account. Otherwise international ATM fees apply, ranging from $2 to $5 for each cash withdrawal.||You can use all ANZ-owned ATMs for free overseas. International ATM fees apply for other ATMs, ranging from $2 to $5 for each cash withdrawal.|
|Foreign transaction fees||All foreign transaction fees will be waived if you meet the account conditions (detailed above). Otherwise a 2.5% fee applies.||There's no foreign transaction fee when using a supported currency. A fee of 4% of the converted AUD value applies when using a currency that isn't supported.|
|Application||You can apply online for free. Your card will arrive in the mail.||You can apply online or in an ANZ branch.|
|Currencies supported||Only AUD||AUD, USD, GBP, EUR, NZD, CAD, HKD, SGD, THB, JPY|
|Use in Australia||You can use this card in Australia as your primary transaction account and pay no ATM fees at ATMs Australia-wide.||You can use this card in Australia, but you'll first need to convert the stored funds back into AUD. You can access all ANZ ATMs for free, though ATM fees will apply at ATMs owned by different networks.|
|Currency exchange rates||Where a currency conversion is required (for example when using the card to make an EFTPOS purchase overseas), ING uses the Visa currency exchange rate at the time of transaction.||Where a currency conversion is required, ANZ uses the Visa currency exchange rate at the time of transaction (unless the currency is already stored on the card). You can lock in exchange rates by preloading the card when exchange rates are favourable.|
|Minimum load amount||There is no minimum balance and no minimum load amount.||You must load at least $200 initially. After this there is no minimum load amount.|
|Maximum load amount||There is no maximum account balance.||You cannot hold more than $50,000 on the card.|
|Contactless payments||You can make tap-and-go payments without entering a PIN for purchases under $100 and can link to Apple Pay, Google Pay and Samsung Pay.||You can make tap-and-go payments using your card, but you cannot use Apple Pay, Google Pay or Samsung Pay with this card.|
|Daily ATM limits||Daily ATM withdrawal limit of $2,200.||Daily ATM withdrawal limit of $3,000.|
|Customer support||You can call ING from overseas for support with your account 24/7, though ING has no physical branches.||You can call ANZ from overseas for support with your account 24/7. ANZ also has physical branches all over the world.|
|Account access||Manage your account online or via the ING mobile app.||Manage your account online via the ANZ Travel Money portal or using phone banking. There is no app available.|
|Learn more||ING debit full review||ANZ Travel Card full review|
Using the ING card overseas
If you can deposit $1,000 per month into the ING Orange Everyday Account and make 5+ card purchases a month with the debit card, you'll pay zero overseas ATM fees and zero foreign transaction fees with this card. Unless you're going for a really short holiday, you'll probably deposit this amount or even more on the card anyway, to cover all your holiday costs and spending while you're away. This is a major benefit and something that the ANZ Travel Card doesn't offer.
If you don't think you can meet this deposit requirement or if you're only going away for a few days, don't worry, the ING card is still a good option for your trip. It just means you'll pay the odd ATM fee here and there when you need cash (if you don't use ATMs, then this won't affect you anyway). The ING card is also much easier to manage on the go when you're travelling as there's an app available to keep track of your account, which the ANZ Travel Card doesn't offer.
Using the ANZ Travel money card overseas
If you don't want to commit to opening a new transaction account and are just looking for a card for an upcoming trip, the ANZ Travel Card might be better suited for this. It's really handy that you can store up to 10 different currencies on the card, which is a feature ING doesn't offer. You can load these currencies onto the card weeks or even months before you go away, meaning you can keep an eye on currency exchange rates and load up when the rates are in your favour.
Just remember if you plan on using ATMs while you're overseas that you'll still need to pay ATM withdrawal fees with this card (again, if you don't use ATMs this won't be an issue). And if you're using a currency that isn't supported you'll pay a large foreign transaction fee of 4%.
Do you want to compare some other Australian debit cards that are great for overseas use? Check out our comparison of travel debit cards here.
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