What exchange rate does my debit card use?

Using the right debit card overseas can help you save on fees, but what about exchange rates?

One of the biggest benefits of using a travel card is that you can lock your exchange rate before you travel. That way, you'll know exactly how much you have to spend. With debit cards, the exchange rate is decided when the transaction is processed (typically at the time of transaction) and is determined by whether you're using a Visa or Mastercard. Read our guide on the best debit card to bring overseas.

When you compare Visa and Mastercard exchange rates, there is not much of a difference. There are some gaps depending on the currency, but the cost difference will ultimately come down the fees and charges associated with your international transaction. If you do decide to bring a debit card with you overseas, opt for a card that doesn't charge an international transaction fees or overseas ATM fees.

HSBC Everyday Global Account

HSBC Everyday Global Account

HSBC Everyday Global Account

Special offer: $100 bonus for new HSBC customers. Earn 2% cashback on tap and pay purchases under $100. Enjoy no foreign ATM or transaction fees and the flexibility to hold up to 10 currencies. Apple Pay and Google Pay available. T&C's apply to $100 bonus and 2% cashback offers.

  • Account keeping fee: $0.00
  • Linked debit card: Visa
  • ATM withdrawal fee: $0.00
  • Overseas EFTPOS fee: $0.00
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Compare your travel money debit card options below

Rates last updated August 24th, 2019
Name Product Debit Card Access ATM Withdrawal Fee Fee Free Deposit p.m. Monthly Account Fee Product Description
HSBC Everyday Global Account
The HSBC Everyday Global Account is both an everyday transaction account and a multi-currency account in one with no overseas ATM or transaction fees
UBank USaver Ultra Transaction Account
Earn up to 2.41% p.a. interest on your linked savings account. No foreign ATM or transaction fees.
$0 monthly account fee.
You must open the UBank USaver savings account in order to get this account. Enjoy access to ATMs in Australia and overseas for free and a 0% foreign transaction fee for online purchases. Manage your spending with a built-in sweep facility that automatically moves money between your linked accounts based on the limits you set. Make contactless payments with Apple Pay and Google Pay.
ING Orange Everyday Account
Pay no International transaction fees and receive a rebate on overseas ATM withdrawal fees when you deposit $1,000 per month and make 5+ card purchases
Citi Global Currency Account
Pay $0 international transaction fees and $0 overseas ATM fees when you use a foreign currency linked with your account in a country that uses that currency. Make sure your debit card is linked to the correct currency before using an ATM, otherwise a foreign exchange fee applies.
St.George Complete Freedom Account
$0 Overseas ATM fee when you withdraw from the Global ATM alliance network. International transaction fee still applies.

Compare up to 4 providers

Let's take a look how Visa and Mastercard compare to each other

CurrencyCurrency CodeVisaMastercard
Afghanistan AfghaniAFN0.018424N/A
Albanian LekALL0.012772N/A
Algerian DinarDZD0.011840N/A
Angolan KwanzaAOA0.004453N/A
Argentine PesoARS0.03233710.237163
Armenian DramAMD0.002913N/A
Aruban GuilderAWG0.788431N/A
Bahamian DollarBSD1.411291N/A
Bahrain DinarBHD3.743479N/A
Bangladesh TakaBDT0.016775N/A
Barbados DollarBBD0.709192N/A
Belarusian RubleBYR0.00006614.76
Belize DollarBZD0.711875N/A
Bermudian DollarBMD1.411291N/A
Bhutan NgultrumBTN0.020355N/A
Bolivian BolivianoBOB0.2057285.096295
Bosnian ConvertibleBAM0.8137191.297077
Botswana PulaBWP0.133085N/A
Brazilian RealBRL0.3673912.578383
British PoundGBP1.8431740.508592
Brunei DollarBND1.042517N/A
Bulgarian LevBGN0.8137191.281057
Burundi FrancBIF0.000781N/A
Cambodia RielKHR0.000348N/A
Canadian DollarCAD1.0545100.951804
Cape Verde EscudoCVE0.014433N/A
Cayman Is. DollarKYD1.693550N/A
Cfa Franc (Bceao)XOF0.002426N/A
Cfa Franc (Beac)XAF0.002426N/A
Cfp FrancXPF0.013337N/A
Chilean PesoCLP0.002129505.172071
China Yuan RenminbiCNY0.2101654.880111
Colombian PesoCOP0.000451N/A
Comoro FrancKMF0.003235N/A
Congolais FrancCDF0.000867N/A
Costa Rican ColonCRC0.002344N/A
Croatian KunaHRK0.2138874.921787
Cyprus PoundCYP2.719231N/A
Czech KorunaCZK0.06217517.692166
Danish KroneDKK0.2131584.871122
Djibouti FrancDJF0.007951N/A
Dominican PesoDOP0.02797133.98768
E. Caribbean DollarXCD0.525001N/A
Egyptian PoundEGP0.0817626.596879
El Salvador ColonSVC0.161290N/A
Eqguinea EkweleGQE0.002426N/A
Eritrean NafkaERN0.093463N/A
Estonian KroonEEK0.101715N/A
Ethiopian BirrETB0.049472N/A
Falkland Is. PoundFKP1.845502N/A
Fiji DollarFJD0.671069N/A
Gambia DalasiGMD0.030143N/A
Georgian LariGEL0.5262091.567519
Ghana CediGHS0.277267N/A
Gibraltar PoundGIP1.845502N/A
Guatemala QuetzalGTQ0.184724N/A
Guinea FrancGNF0.000155N/A
Guinea-Bissau PesoGWP0.002426N/A
Guyana DollarGYD0.006727N/A
Haiti GourdeHTG0.016964N/A
Hondura LempiraHNL0.057894N/A
Hong Kong DollarHKD0.1798975.770254
Hungary ForintHUF0.004945202.700293
Iceland KronaISK0.01187790.812109
Indian RupeeINR0.02035549.520087
Indonesian RupiahIDR0.000100N/A
Iranian RialIRR0.000034N/A
Iraqi DinarIQD0.001186N/A
Jamaican DollarJMD0.011427N/A
Japanese YenJPY0.01266779.594317
Jordanian DinarJOD1.993350N/A
Kazakhstan TengeKZT0.003710N/A
Kenyan ShillingKES0.014029N/A
Kuwaiti DinarKWD4.641185N/A
Kyrgyzstan SomKGS0.020205N/A
Laotian KipLAK0.000165N/A
Latvian LatsLVL2.264494N/A
Lebanese PoundLBP0.000940N/A
Lesotho LotiLSL0.100520N/A
Liberian DollarLRD0.008634N/A
Libyan DinarLYD1.015537N/A
Lithuanian LitasLTL0.4609292.11994
Macau PatacaMOP0.174825N/A
Macedonian DenarMKD0.025809N/A
Malagasy AriaryMGA0.000391N/A
Malawi KwachaMWK0.001952N/A
Malaysian RinggitMYR0.3464653.029547
Maldives RufiyaaMVR0.091523N/A
Maltese LiraMTL3.707187N/A
Mauritania OuguiyaMRO0.003920N/A
Mauritius RupeeMUR0.040562N/A
Mexican PesoMXN0.07464013.864522
Moldovan LeuMDL0.081272N/A
Mongolia TugrikMNT0.000541N/A
Moroccan DirhamMAD0.1466907.138365
Mozambique MeticalMZN0.022208N/A
Myanmar KyatMMK0.000938N/A
Namibia DollarNAD0.100520N/A
Nepalese RupeeNPR0.012722N/A
Neth. Ant An GuilderANG0.788431N/A
New Israeli ShekelILS0.3941602.845085
New Zealand DollarNZD0.9495051.063717
Nicarag Cordoba OroNIO0.043084N/A
Nigeria NairaNGN0.003917N/A
Norwegian KroneNOK0.1654766.061471
Oman RialOMR3.667597N/A
Pakistan RupeePKR0.009995N/A
Panama BalboaPAB1.411291N/A
Papua Ng KinaPGK0.429033N/A
Paraguay GuaraniPYG0.000228N/A
Peru Nuevo SolPEN0.427146N/A
Philippine PesoPHP0.02708534.183062
Polish New ZlotyPLN0.3713552.830449
Qatar RialQAR0.387717N/A
Romanian LeiRON0.3348262.949685
Russian RubleRUB0.02178048.028492
Rwanda FrancRWF0.001602N/A
Samoa TalaWST0.558660N/A
Sao Tome DobraSTD0.000065N/A
Saudi RiyalSAR0.3763412.78595
Serbia DinarRSD0.01350180.723525
Seychelles RupeeSCR0.102900N/A
Sierra L LeoneSLL0.000164N/A
Singapore DollarSGD1.0409351.007744
Slovak KorunaSKK0.052828N/A
Slovenian TolarSIT0.006641N/A
Solomon Is. DollarSBD0.182268N/A
Somali ShillingSOS0.002454N/A
South African RandZAR0.10052010.986378
South Korea WonKRW0.001243N/A
South Sudanese PoundSSP0.006534N/A
Sri Lanka RupeeLKR0.008086N/A
St. Helena PoundSHP1.845502N/A
Sudanese PoundSDG0.029713N/A
Surinam DollarSRD0.189945N/A
Swazi LilangeniSZL0.100520N/A
Swedish KronaSEK0.1528536.047355
Swiss FrancCHF1.4146870.720136
Syrian PoundSYP0.002739N/A
Tajikistan SomoniTJS0.149523N/A
Tanzanian ShillingTZS0.000614N/A
Thai BahtTHB0.04433426.024979
Tonga PaangaTOP0.651170N/A
Trinidad/Tobago Dol.TTD0.210223N/A
Tunisian DinarTND0.4710591.529111
Turkish LiraTRY0.2512262.158793
Turkmenistan ManatTMT0.404266N/A
UAE DirhamAED0.3842552.728226
Uganda ShillingUGX0.000378N/A
Ukranian HryvniaUAH0.05297718.542787
United States DollarUSD1.4112910.7429
Uruguayo PesoUYU0.041773N/A
Uzbekistan SumUZS0.000167N/A
Vanuatu VatuVUV0.012706N/A
Venez Bolivar FuerteVEFN/AN/A
Viet Nam DongVND0.00006116.58
Yemeni RialYER0.005645N/A
Zambian KwachaZMW0.117314N/A

Rates accurate up to 9 April 2019

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2 Responses

  1. Default Gravatar
    GailMarch 23, 2017

    I want to have a debit card to travel to europe, that has no fees for withdrawl and no monthly minimum balances, Basically it is only to be used for travel once a year. can you recommend one. Thanks gail

    • Avatarfinder Customer Care
      MayMarch 23, 2017Staff

      Hi Gail,

      Thank you for your inquiry. As we are a comparative financial service, we’re unable to suggest or recommend one specific debit card to our users as the best option depends ultimately on your own financial situation, travel plans and spending habits.

      Nonetheless, on this page, you can compare your options for travel debit cards that you can bring to Europe. Aside from debit cards, there’s also a section on that page where you can compare your prepaid travel money and credit card options. Please click on the name of the product to view its details including fees.


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