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.
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
The Travelex Money Card is our best value travel card. With this card you can:
withdraw cash at no extra cost as there are no ATM fees
access Travelex's better online rates than any other travel card
lock 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.
|Smartphone App & Free Wifi||Limited Currencies|
|$0 international ATM fees||5.95% currency conversion rate|
|Free Replacement Card||$100 minimum initial load|
|24/7 Global Support||2.95% domestic ATM withdrawal fee|
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.
|No overseas ATM fees||Limited Currencies|
|No purchase, reload or closure fees||4% currency conversion rate|
|Free second prepaid card||$3.75 domestic ATM withdrawal fee|
|24/7 Global Emergency Assistance|
Best Customer Service Prepaid Travel Card. Travel Money Oz
The 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.
Significant number of locations (130+)
Rarely long queues
Friendly and experienced staff
You can load up to 10 currencies including AUD, USD, EUR, GBP, NZD, CAD, THB, SGD, HKD and JPY.
|Smartphone App||International ATM fees|
|Withdraw cash at Mastercard supported ATMs||Additional fees for reloading, replacement and closing|
|24/7 Global Assistance||2.95% domestic ATM withdrawal fee|