Australians love to travel. We're probably the most prolific travellers on the globe and we travel overseas anytime and anywhere.

While we travel, we also need access to cash. It's not the most glorious part of our travel plans, but it's equally important to decide on the best travel money option for us, so we're not left feeling negative at any stage of our trip.

To help narrow your options, here is a list of 3 best Prepaid Travel Cards, which currencies they hold and the key benefits and pitfalls.

Australian Prepaid Travel Cards

First of all, What are Prepaid Travel Cards?

Prepaid travel cards are a good alternative to carrying cash. They look like credit or debit cards, but they function differently.

You're able to load the card with a set amount of money in the currency you need and can use it to make purchases online, in stores and to withdraw money at ATMs.

Most travel cards allow for multiple currencies to be loaded onto the card. So it's important to know what currency you'll be using on your travels. Airlines also offer prepaid cards so the money you spend can earn you reward points.

Check out the list below for the 3 prepaid cards we think are worthwhile.

Best Value Prepaid Travel Card. Travelex

Travelex Travel Money Card

The Travelex Money Card is our best value travel card. With this card you can:

Tickwithdraw cash at no extra cost as there are no ATM fees

Tickaccess Travelex's better online rates than any other travel card

Ticklock in your initial loading cross currency rate and save

We think this is the ideal travel card for an organised traveller staying local or going to popular holiday destinations like Japan or the UK.

You can load up to 10 currencies including AUD, USD, EUR, GBP, NZD, CAD, THB, SGB, HKD and JPY.

Pros Cons
Check MarkSmartphone App & Free Wifi CrossLimited Currencies
Check Mark$0 international ATM fees Cross5.95% currency conversion rate
Check MarkFree Replacement Card Cross$100 minimum initial load
Check Mark24/7 Global Support Cross2.95% domestic ATM withdrawal fee

Go to the Travelex Money Card site for a discount

Best Low Fees Prepaid Travel Card. NAB

The NAB Traveller Card is another travel card with low fees. It's a good card for organised travellers heading to popular holiday destinations.

In fact, the only thing that isn't great about this card is the 4% cross-currency charge, which is pretty high.

With the NAB Traveller Card, you can load up to 10 currencies including AUD, USD, NZD, EUR, GBP, SGD, HKD, JPY, CAD, and THB.

 

Pros Cons
Check MarkNo overseas ATM fees CrossLimited Currencies
Check MarkNo purchase, reload or closure fees Cross4% currency conversion rate
Check MarkFree second prepaid card Cross$3.75 domestic ATM withdrawal fee
Check Mark24/7 Global Emergency Assistance

Learn More

Best Customer Service Prepaid Travel Card. Travel Money Oz

Travel Money Oz Currency Pass Travel CardThe Travel Money Oz Currency Pass makes bringing cash overseas stress-free. It's simple to get, with so many locations to buy it from or online. Travel Money Oz is known for their good customer service.

TickSignificant number of locations (130+)

TickRarely long queues

TickFriendly and experienced staff

You can load up to 10 currencies including AUD, USD, EUR, GBP, NZD, CAD, THB, SGD, HKD and JPY.

Pros

Cons

Check MarkSmartphone App CrossInternational ATM fees
Check MarkWithdraw cash at Mastercard supported ATMs CrossAdditional fees for reloading, replacement and closing
Check Mark24/7 Global Assistance Cross2.95% domestic ATM withdrawal fee

Go to the Travel Money Oz site

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The Ultimate Guide to Currency Exchange

Find out the best way to exchange money. We will show you the cheapest places to buy currency, where to find the best exchange rate, and how to get your holiday money online or in store.

Helping You Save Money on Currency

Buying travel money or transferring money overseas can be expensive and confusing. So how do you make the best choice and get the most out of your money?

An easy way is to use a comparison table for either international money transfers or currency exchange. These tables list and compare the banks with other large foreign exchange companies.

We’ve also put together tons of helpful videosguides and reviews that will help you make the right decision. You can work out a cheaper way of converting currency while still keeping your money safe.