1.1% of initial load value or $15, whichever is greater
Initial Load Fee
1.1% of transaction value or $15, whichever is greater
Reload fee
AUD, USD, CAD, EUR, GBP, HKD, JPY, NZD, SGD, THB
Available Currencies
| Available Currencies | AUD, USD, CAD, EUR, GBP, HKD, JPY, NZD, SGD, THB |
|---|---|
| Multiple Currencies on One Card? | Yes |
| Number of Cards Issued | 1 |
| Minimum Load Amount | $100 |
| Maximum Load Amount | $100,000 |
| Maximum Load Amount (Annual) | $100,000 |
| 24 Hour ATM Cash Withdrawal Limit | $3,000 |
| 24 Hour Purchase (POS) Transaction Limit | $15,000 |
The Travelex Money Card supports 10 currencies:
You can hold up to all of these 10 currencies on your card and transfer between currencies any time at the prevailing Travelex retail foreign exchange rate.
When paying for a purchase abroad, the card will be automatically debited in that country's currency where there is an available balance. Where you transact in a currency that isn't supported or sufficiently loaded on your card, the card will then automatically deduct funds from other available currencies according to the default currency order:
For example, you make a purchase in New York for US$300 but only have US$200 on your travel card. Following the currency order, your AUD currency wallet will automatically be debited the outstanding US$100. Because you only have AUD$100 available, the card will then look to your euro currency wallet to deduct the remaining transaction balance. In the event you have no euros, your British pounds will be debited.
Every time you don't have the supported or sufficient currency on your card to pay for a transaction, you will be charged a 5.95% currency conversion fee on the transaction value. The exchange rate applied to convert available currencies into the required transaction currency is determined by Mastercard and varies daily. This effective Mastercard "FX Rate" is taken at the time your transaction is processed.
The Travelex Money Card is a prepaid Mastercard that you can use online or in-store at Mastercard merchants worldwide. You may also use it to withdraw cash from international ATMs wherever the Mastercard logo is displayed. However, you may not use it for manual or offline transactions, for any unlawful activity, or where economic or trade sanctions are imposed.
Compare some of the perks and features you can expect:
This table illustrates the costs associated with the Travelex Money Card and explains when you'll be charged each fee.
| Type of fee | Cost | When you'll be charged |
|---|---|---|
| Purchase fee |
| When you are issued with the card at the time of purchase and initially load funds on it |
| Reload fee |
| Every time you reload funds on your card after the initial load amount |
| Additional card fee | $5 | When you request an extra card |
| Replacement card | $0 | When you need a lost, damaged or stolen card replaced |
| Currency conversion fee | 5.95% of transaction value | When you purchase or withdraw in a currency that is not supported or sufficiently loaded on your card |
| International withdrawal fee | $0 | While Travelex won't charge you for international ATM withdrawals, local ATM operator fees may apply |
| Domestic ATM withdrawal fee | 2.95% of the amount withdrawn | When you make an ATM withdrawal in Australia |
| Over-the-counter cash | $0 | You won't be charged when you obtain cash over the counter |
| Monthly inactivity fee | $4 | When you have not made any transactions on your card in the previous 12 months |
| Closure/cash out fee | $10 | When you close your card or withdraw funds from your card funds |
From setting up your card to managing your account, here's everything you need to know:
You may decide to keep the existing currency balances for your next trip or close your card and withdraw any remaining funds through a Travelex store or Mastercard Prepaid. Your remaining funds will be paid out to you in Australian dollars, either in cash or deposited into your nominated bank account. Withdrawal and currency conversion fees will apply where relevant.
If your card is damaged, lost or stolen, contact Card Services immediately by calling 1800 303 297, or +44 20 3284 8395 when overseas. You may use your back-up card if you have one or request that a replacement card be sent to you. You may also request that emergency cash services are arranged for you in the local currency.
You may buy a Travelex Money Card from any Travelex store or order one online. You will need to provide photo ID for identification purposes.
There are no age requirements in a Travelex store but you need to be over 18 when applying online. Non-residents may also apply, as long as you have a valid government-issued photo ID with an Australian address.
The Travelex Money Card is easy to use and enjoys the worldwide acceptance of a Mastercard. It also offers cost savings related to reloads and international ATM withdrawals. However, before choosing a travel card, research and compare other available options to find the one that will best serve your personal travel needs and spending preferences.
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