Whether you're looking to shop in multiple currencies, save on foreign transaction fees or spend your own money, compare your travel card options for your next holiday today.
ANZ Travel Card

ANZ Travel Card
- Load up to 10 currencies
- Lock in your exchange rates
- No overseas transaction fees
ANZ Travel Card
The ANZ Travel Card is a prepaid card that can be loaded with up to 10 currencies to make purchases at home and overseas at over 38 million merchants and over 2.3 million ATMs worldwide.
- Lock in your exchange rates and know how much money you have to spend
- No transaction fees for electronic purchases in Australia and overseas
- Multiple reload options - online, over the phone or in person
- Manage your money online or over phone 24/7
- Spare card if in case one is lost or stolen
Compare prepaid travel cards
Trending Travel Cards
- ANZ Travel Card - A travel card allowing you to lock in currencies.
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- NAB Traveller Card - You can lock in up to 10 currencies with this pre-paid travel card.
How do prepaid travel cards work?
A travel money card is a convenient way to access your travel cash while you’re on holiday. There are three main types of travel cards available in Australia: prepaid travel cards, credit cards and debit cards. This guide focuses on prepaid travel cards and their benefits.
Prepaid travel cards
How it works: Prepaid travel cards let you lock-in exchange rates before you travel. This type of travel card allows you to budget more effectively, by knowing exactly what exchange rate you have secured and how much money you have on the card. Why you should consider a prepaid travel card.
- Lock-in exchange rates. Preload and secure your exchange rate before you travel
- Multiple currencies. Load up to 10 popular currencies for with prepaid cards
- Fewer fees.
- No fees for currency conversion
- No fees for ATM withdrawals
Things to consider when choosing a prepaid travel card.
- Currency availability. If you are travelling to multiple destinations, some of your currencies might not be supported
- Lower exchange rates. Lock-in exchange rate from the bank is lower compared to physical foreign exchange (cash) and credit cards
What additional benefits come with prepaid travel cards?
There are a number of different prepaid travel cards on the market. They can be broken down into the following categories.
Prepaid travel cards with frequent flyer points.
The Qantas Cash travel money card allows you to earn Qantas Points when you use the card to make eligible purchases. The Global Wallet from Velocity, functions in the same way, only rewarding you with Velocity Frequent Flyer Points. Points are awarded for eligible purchases, which are your usual everyday transactions. You won’t earn points on cash transactions like ATM withdrawals. These cards couple the convenience of being able to spend without being charged international fees with rewards points earning. There are other products on the market that offer rewards and frequent flyer points when you spend, but these cards may also attract currency conversion fees, which negate any real value of rewards or frequent flyer points. Back to top
How to compare prepaid travel money cards
Fees
The main fees to look out for include:
- Initial load fee. Depending on the card, you might be charged a fee (such as a percentage of the loading amount) when you first load funds on the card.
- Reload fees. If the card doesn't charge an initial load fee, it may charge another fee each time you load funds on the card. If this is the case, you might want to reconsider how often you reload the card.
- ATM withdrawal fees. Some cards will charge a different ATM withdrawal fee depending on where you're withdrawing your cash. If the bank provider belongs to an ATM alliance, you might be able to avoid ATM withdrawal fees from the issuer. It's important to note that local ATM fees may still apply.
- Inactivity fee. An inactivity fee is charged if you don’t use the card (usually after 12 months) and there’s money remaining on the account.
- Currency conversion fees. Charged when you make a purchase overseas.
Acceptance
When comparing travel money cards to find the right one for you, check the available currencies on the card. Find a card that will allow you to load the currencies of the countries you plan to visit. If you spend on a currency not loaded onto the card, you will be charged for currency conversion. Remember that each type of travel card has its own pros and cons to accessing currencies, so travellers often take a combination of prepaid, credit and debit cards for convenience.
Exchange rate
In terms of receiving the best exchange rate, you can either pre-load currency or withdraw when you arrive at your destination.
- Prepaid travel cards. Allow you to pre-load and secure your currency. Whilst the exchange rate may be considerably less favourable than the market rate, you are safeguarding yourself from receiving a worse exchange rate closer to your trip.
- Credit and debit cards. Provide you with the exchange rate set by the card network (Mastercard, Visa) when you withdraw. This exchange rate is much closer to the market rate compared to prepaid travel card rates. To find out the exchange rate provided by your network on the day, simply google the "network + exchange rate + currencies" e.g. Mastercard exchange rate AUD to USD.
Pros and cons of prepaid travel money cards
Pros
- Spend like a local. Prepaid travel cards allow you to preload multiple foreign currencies onto the card at a time. Spend in a currency loaded onto the card and you avoid a fee for currency conversion.
- Backup card. Designed specifically for travel (and the mishaps that happen when you’re travelling), prepaid travel cards come with a backup in case the first card is lost or stolen.
- Manage your travel budget. Reload the card when you need funds. The exchange rate is locked in. This protects you from movements in the exchange rate and also allows you to budget down to the last dollar.
Cons
- Travel card fees. As convenient as these accounts are, they do come with fees and charges. Fees are usually charged when the card is first issued, when you first load the account with funds or when you reload the card with funds. Inactivity fees and ATM fees are also common among different travel money cards.
- Exchange rates. It’s worth having a look at the exchange rates offered through travel card products. Often, travel card issuers will have a different exchange rate for travel cards.
- Reloading time. Typically, BPAY is the easiest way to reload your account with funds. BPAY transactions can take up to three business days for the transaction to process. It can take up to six days for the funds to clear in your account when you factor in Australian bank holidays and weekends.
I have some Euro in cash that I wanted to load onto a card to spend overseas instead of carrying cash. But the cards I’ve looked at would convert the Euro to AUD during loading, then back to Euro stored on the card and I lose money on each conversion. Is there a card that will accept direct load of foreign currency?
Hello Andy,
Thank you for your comment.
This means that your card provider draws funds from your account according to the default currency order at their prevailing exchange rate, and it charges you a fee on top of that for converting currencies. It’s important to note that a currency order applies. The stored value currency order determines the order in which funds are loaded and the order in which fees or transactions are debited from your card.
The default order is usually determined by your card provider, but some card providers offer flexibility by allowing you to change this order on your account.
For instance, the ANZ Travel card, you may change the stored value currency order at any time online or by calling the ANZ customer service centre.
This page might be helpful for you.
Regards,
Jhezelyn
I will be travelling to Europe in 4 months time. Are there any pay wave travel cards available?
Hi Janet,
Thanks for your question.
Currently, we don’t feature any travel card with Visa Paywave. This feature is typically available in debit or credit cards. You may check this page to compare your options.
Cheers,
Anndy
Hi
I’m looking for a prepaid travelcard that both myself and wife can use i.e. a joint account card.
I cannot seem to find such a thing!
reagdrs
Gary
Hi Gary,
Thanks for leaving a question on finder.
There is no prepaid joint travel cards. You will have to get one for you and your wife.
Cheers,
Joel
If I have a zero balance on my travel card and have not used it for 18 months, will the monthly inactivity fee for that period be deducted when I reload my card??
Hi Nancy,
Thanks for your question.
For most travel cards, the inactivity fee is charged if you don’t use the card for 12 months and there’s still money remaining on the account. If you have a zero balance in your account, you’ll typically not incur any inactivity fee and no amount will be deducted when you reload.
Kindly note that this is a general information only. You may have to directly contact your specific card provider to confirm.
I hope this helps.
Cheers,
Anndy
Hello
I have a staff member travelling to Canada and i am looking for a travel card which i can set up for them instead of carry cash. What is the best one to use? They will be taking $1000approx
Hello Robert,
Good day! Appreciate you contacting finder regarding your inquiry today.
We are not allowed to provide personalized advice nor product recommendations on which would be the best one to use for your staff member. However I can provide some general comparisons.
Qantas Cash Card – Has no initial load fee, lower atm withdrawal fees, no reload fees, no transaction fee for purchases and no currency conversion fee.
ANZ Travel Card – Has no initial load fee, a bit higher atm withdrawal fees, 1.1% reload fee, no transaction fee for Purchases, no fees for balance enquiries and 3% currency conversion fee.
Australia Post Load&Go Travel Card – Has no initial load fee, AUD$2 equivalent atm withdrawal fee, no reload fees, $0.09 transaction fee for Purchases, $2 fee for balance enquiries, and 3% currency conversion fee.
Travelex Money Card – Initial load fee of the greater of 1.1% of the initial load / reload amount or AUD 15.00, $0 overseas withdrawal fee although, some ATM operators may charge their own fees or set their own limits, no reload fees, and 5.95% currency conversion fee.
These details are just pertaining to some of the charges you can expect per card. However, it will still be totally dependent on you as to which card will be more convenient depending on the usage of your staff member in Canada. Carefully read through the details per card by clicking on “More.”
In addition, you can check this page for a more specific travel money card options you may have for your staff to be used in Canada. — https://www.finder.com.au/travel-money/canada.
Hope this helps!
All the best,
Ron
Hi, I’m traveling to South America soon, I’ve notice none of the travel cards offer the currencies for the countries I’m visiting. What is my best option, I’d need a card I can use for Brazilian reals, Colombian and Argentinian pesos, Peru soles?
Hi Alexandra,
Thank you for reaching out to us.
For Travel Money that you can use in South America, you can refer to this page The said page also has a list of credit cards as well as travel debit cards that may be helpful in your trip. Though there will always be Exchange Rate Fee charge to you for each International ATM withdrawal.
I hope this helps.
Let us know if there is anything else that we may assist you with.
Cheers,
Ash
If you have money left on your travel card once the holiday is complete, can you transfer these funds back in to a nominated account?
Hi Tim,
Thanks for your inquiry.
Yes, you can transfer funds back off your Travel Money Card into your nominated account when you close your card. The process may depend on your travel card.
Hope this information helped.
Cheers,
Arnold
Hi. I am going on a cruise visiting Hong Kong, Korea, Japan, and China. Can I get a card for all currencies?
Hi John,
Thanks for your question.
You may compare your travel money card options on this page for your Southeast Asia cruise. Although these travel money cards do not support Korean won (KRW) and Chinese yuan (CNY), as most travel money cards, you may find our travel money guides for Korea and China helpful in choosing the suitable travel money mix for your cruise.
Cheers,
Liezl
Hi There, i will be traveling to Mexico soon for a month and would like to know what Travel Cards are available and which would be the best one to get?
Hi Charmaine,
Thanks for your comment.
Here’s a travel money guide to Mexico. On this page, you may compare travel cards for Mexico. Just click the Travel Cards tab and compare the cards in the table. Once you’re done in comparing, click the “Go to Site” button to apply. Please make sure to check the eligibility criteria before applying for one.
Regards,
Jhezelyn
I recently obtained a Commonwealth Bank Travel Money Card for a trip to the USA. When loading up AUS dollars into US dollars I found that the bank charged me 4.5% on top of the usual US dollar purchase rate. This seems exorbitant to me – do you agree and what is the usual fee that banks normally charge for purchasing US dollars?
Hi Don,
Thanks for your question.
I’ve checked the list of fees for Commonwealth Bank Travel Money Card on their website and it says that this travel card does not charge a fee when you request to transfer funds from one currency to another on the same card. If you are transferring AUD to USD on the same card, you should not incur a fee.
You may have to directly contact Commonwealth Bank to inquire what the 4.5% fee is.
Cheers,
Anndy