australia-post

Prepaid Load&Go reloadable Visa cards from Australia Post

Control your spending with a prepaid card.

Having a conventional credit card has its advantages, but staying in control of the amount of debt you incur can often be tricky. There is a great solution available which allows you to have all the benefits of a credit card, without having to worry about all the normal baggage that comes with them.

Introducing the Load&Go Reloadable Visa prepaid card

Use the Load&Go card as you would with a normal credit card. For example, making retail purchases, or booking concert tickets online. The difference is that you top-up the card with whatever you can afford and it will only allow you to spend what is actually available on the card.

What fees and charges are applicable for this card?

There are no reloading fees or monthly fees associated with the Load&Go Reloadable Visa Prepaid Card, but there are a number of other charges you should know of.

  • On sign-up, the card purchase price is $6.95, although when applying for this product for the first time a mandatory initial load of $20 is also required, bringing the total initial price to $26.95. After this, the card can be reloaded as often is as needed provided it is over a minimum of $20, and under the maximum balance of $999.
  • When a transaction is made or cash is withdrawn there is a fee of $0.09, and this is capped at $0.99 per calendar month. If the card is lost , cancelled or reissued there is a $15 fee.
  • There's also a fee of 3% of the transaction for any transactions made outside of Australia.
  • To manage the balance of the card via telephone or SMS there are also fees. This is $4.00 via the call centre, $0.50 via the automated voice recognition service and $0.25 charged per SMS.
  • If a transaction is disputed on this card a fee of $20 is payable if the transaction is found to be authorised.
  • Finally, a new card is issued to cardholders on expiry provided your details are registered with Australia Post. If the card expires and is not registered, a $1 daily fee will be charged until claimed.

How do I apply for a Load&Go Reloadable Visa card?

Getting hold of one of these prepaid credit cards is made very simple too. All you have to do is to go into any participating Australia Post outlet, buy a starter pack, and once you have followed the steps to activate your card, you could be ready to spend within 24 hours!

Then when you want to top up your card all you need to do is buy a reload card from Australia Post. These are available in the sums of $50, $100, $250, or $500 making keeping track of your spending couldn't be easier.

With spiraling costs, having one of these cards makes so much sense. It takes away all the worry of debt, rising interest rates, and takes away the temptation to overspend. You can never go over you limit as once the money has gone, you cannot spend any more until you reload.

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8 Responses

  1. Default Gravatar
    RobOctober 16, 2018

    Are you able to book motels local and international without huge deposits?

    • finder Customer Care
      JeniOctober 20, 2018Staff

      Hi Rob,

      Thank you for getting in touch with finder.

      It’s standard practice in three to five-star hotels to ask for a deposit. The amount of the deposit varies in many conditions. This Load&Go prepaid card can be used in booking local and international motels/hotels online. However, you top-up the card with whatever you can afford and it will only allow you to spend what is actually available on the card.

      I hope this helps.

      Please feel free to reach out to us if you have any other enquiries.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  2. Default Gravatar
    JamesSeptember 14, 2018

    I require a balance on my Load&Go Visa card

    • finder Customer Care
      JoelSeptember 14, 2018Staff

      Hi James,

      Thanks for leaving a question on finder.

      Not sure I understand your query. Anyway, these steps will provide guidance on how to use your card:

      1. Activating the card. Cards purchased directly from a participating Australia Post outlet will be activated and ready for use, unless delays are caused by high peak period transaction volumes. Replacement cards must be activated by calling (+61) 1300 665 054 or via SMS.

      2. Loading funds on the card. Your initial load at the time of purchasing the card must be at least AUD$100. You may instantly reload in-store at a participating Australia Post outlet using either cash or EFTPOS. You may also reload online via Post Billpay or bank transfer, which generally take up to two business days to process. Each load must be at least AUD$100 but no more than AUD$10,000. Your cumulative load over any 12-month period cannot exceed AUD$25,000.

      3. Managing your online account. Register yourAustralia Post Load&Go Travel card online to enjoy free and easy online account management. Log into your account at any time to view your card balance and transaction history, transfer funds between currency wallets, manage currency and other account options. You may also renew your card online and transfer any remaining balance upon card expiry.

      For more info on Australia Post Load&Go Travel card, please click HERE.

      Cheers,
      Joel

  3. Default Gravatar
    ianJune 8, 2017

    I require balance on my visa card.

    • Default Gravatar
      JonathanJune 8, 2017

      Hi Ian!

      Thanks for the comment.

      You may contact Australian Post at 13 POST for further assistance.

      Alternatively, you can also visit their website, create an account to manage your card.

      Hope this helps.

      Cheers,
      Jonathan

    • Default Gravatar
      jamesronayAugust 30, 2017

      I require balance on my Load &go re-loadable card please?

    • Default Gravatar
      JonathanAugust 30, 2017

      Hi James!

      Thanks for the comment.

      You may contact Australian Post at 13 POST or you can also visit their website, create an account to manage your card.

      Hope this helps.

      Cheers,
      Jonathan

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