
Travel credit card: A popular choice for jetsetters is going for a credit card that is specifically designed for overseas travel, with a low or no currency conversion fee that is widely accepted around the world. When choosing a credit card to pack for your holiday there are three main types of travel friendly cards: Travel credit cards:Ĭredit cards are many people's' go-to answer for travel money, as an alternative of carrying around cash.
#Foreign currency compare free
Mozo tip: Look for a prepaid travel card that has a wide overseas ATM network, so you can avoid the cost of high ATM withdrawal fees overseas.įor instance, users of Westpac’s Global Currency Card have fee free cash withdrawals at two million ATMs worldwide from any of Westpac's Global ATM Alliance partners. In summary: they give you globe-trotting ease, but may come at a price. Also be mindful that there can be high penalties for cross currency purchases, so it’s wise to only pay using the currency you have loaded onto the card. The disadvantage of travel money cards is the associated purchase and reload fees can be quite high and it can be difficult and/or expensive to get back any 'unused' funds at the end of your trip.

If you’re heading on a major globetrot to multiple countries, you’ll be happy to hear that many prepaid cards also allow you to load up to five different currencies onto the card.
#Foreign currency compare plus
Plus you’ll also get the peace of mind of pin number access.Īnother advantage is you can also choose the best time to purchase foreign currencies to lock in a great currency exchange rate in the lead up to your trip. Prepaid travel cards have the advantage of being a convenient source of money when you're overseas as you can use them just like you use a credit or debit card - they also have credit card-like security usually coming with either Visa or MasterCard’s zero liability policy, which means you are protected against any fraudulent activity if your card is lost or stolen. Types of travel money cardsĪ popular choice for many Aussies who are jetsetting overseas is purchasing a prepaid travel card, which as the name suggests is when you load foreign money onto the card before you jetset overseas. Instead head on over to our international money transfer page where you can compare rates and providers that offer money transfers from Australia. If you are looking for information on transferring money overseas, this section isn’t for you. Of all the aspects of planning an overseas trip, organising your travel funds is possibly the most confusing and where you are most likely to occur unexpected fees.īut with a little bit of research and planning - and Mozo's expert advice - you can choose the right travel money option for you. Once you've made the big decision of where to go, there's plenty more to be made. There are so many places out there to explore it's hard to know where to start! Going overseas, whether it's to Europe to experience amazing new cultures or just across the ditch for a ramble in the New Zealand wilderness, is always exciting. Learn more about Mozo.įinding the best travel money card for your trip You can easily change the sort order of the products displayed on the page. 'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. 'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently. We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not. You do not pay any extra for using our service. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them.


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