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If it involves sending or spending money overseas, Travelex can help with everything from paying for an overseas property to giving you a card to use when you're travelling. They have a simple online ordering process and hundreds of collection points all over the world.
This page provides an overview of Travelex and its travel money products so you can make a decision about using their products and services.
Travelex Money Card
Benefits and features of the Travelex Money Card
- Preload up to 10 popular foreign currencies. The Travelex Money Card is a prepaid card that can hold up to 10 foreign currencies. You can choose from the following currencies: AUD, USD, CAD, EUR, GBP, HKD, JPY, NZD, SGD, THB.
- No international ATM fees. The fee for withdrawing from international ATMs is waived (the local ATM owner may still charge you to use the machine).
- Reload fee. The greater of 1.1% of the initial load / reload amount or AU$15 will be charged.
- Fast activation. Money Cards are generally active and ready for use within 2 hours of purchase, allowing you to organise your travel money options quickly before leaving overseas.
- Free replacement card. You will receive a second Money Card card free of charge for peace of mind in the event that your primary card is damaged, lost or stolen.
- Manage through the app. Top up and check the balance of the Travelex Money Card through the Travelex Money app, available on Google Play and the App Store.
How to order the Travelex Money Card
You can get both foreign cash and the Money Card in-store or online. It's a better option to organise your travel money online. It's cheaper and you can order in advance. When you're ordering your card, whether online or in-store, you'll need to follow these steps:
- Choose your currencies. Choose your currency, punch in how much you want and review the foreign exchange rate. You can order a number of foreign currencies at a time, and you're able to get a Money Card loaded and ready to use too.
- Find your nearest Travelex store. The next step lets you pick an airport or Travelex store to collect your order. After you enter your postcode, you can see where the closest Travelex outlet is, or you can choose to collect your foreign currency order from an airport and terminal. If you want to collect your cash or card from a 'non-airport location', you will need to allow three business days for your order to be ready. After you confirm the location of your order and the day you want to pick it up, you will need to pay.
- Pay for your order. You can pay for your order using your credit card or debit card, or you can make a BPAY payment. It's free to pay with BPAY, but you need to order at least three days from when you want the order to be ready and you need to pay within 12 hours of confirming your order. Card payments are ready the next business day, but they attract a surcharge.
Travelex Money Card exchange
How does it work?
First, you select which country you're travelling to or which foreign currency you'd like to order. Next you choose how much you'd like and Travelex will tell you how many Australian dollars it will cost you based on the day's exchange rate. Then you choose whether you'd like to pick-up the cash, or to order it to a Travelex Money Card. Finally you select which store or airport you'd like to collect your cash from, and pay with either BPAY, Visa or Mastercard.
The Travelex Best Rate Promise
Travelex promises that you'll get the best daily rate when you order your foreign currency online. This is compared to the in-store rate during non-promotional periods.
Travelex has a loyalty program called Travelex Rewards. This program gives you a discount on the commission charged by Travelex when you get your money exchanged at a Travelex store in Australia. It only benefits people who travel to Australia, India, Hong Kong, China, New Zealand and Japan. The following rewards are on offer:
|Australia||50% off commission when you exchange currencies at a Travelex store.|
|New Zealand||50% off commission when you exchange currencies at a Travelex store.|
|China||50% off commission when you exchange currencies at a Travelex store.|
|Hong Kong||Get a 1.00% improvement on the instore rate.|
|Japan||Get a 0.5% improvement on the instore rate.|
|India||50% off commission when you exchange currencies at a Travelex store.|
Travelex CoverMore International Travel Insurance
If you're using Travelex to send money overseas, order a travel card or using their foreign exchange services, you may want to use Travelex to take out at international travel insurance policy too.
The CoverMore policy provides comprehensive cover for a number of events and can be taken out on a single trip on multi-trip basis. The policy provides cover for things like overseas medical and dental, lost luggage and travel documents, and rental car excess insurance. Check the Travelex website for further information and the terms and conditions of the policy. You can compare this policy against international travel insurance policies offered by other companies by filling out the following form.
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Frequently asked questions about Travelex
You can ask us a question about Travelex's travel money services using the form at the bottom of this page. But before you do, have a look at the FAQs section to see if you can find the answer to your question.
More guides on Finder
Travelex Money Card review
Lock in exchange rates, avoid ATM withdrawal fees and save on currency conversion fees when spending in up to 10 currencies with the Travelex Money Card.
Travelex Foreign Currency
Find out how you can use Travelex to pre-order and pickup foreign currencies at the airport before you head overseas.
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