Learn about the Commonwealth Travel Money Card in this review to help you decide whether this is the card for you.

 

TickPre-paid Visa Travel card

TickOption to purchase security insurance

TickLock in exchange rate

TickEasy to use via the CommBank app

TickUse in over 36 million locations worldwide 

TickNo reload, currency conversion or transaction fees 

TickUp to 13 currencies on one card

Commbank Travel Card

Learn More

 

Pros & Cons

 

Pros Cons
Check Mark  Free initial load and reloads Cross   $15 purchase fee
Check Mark No cancellation fee Cross   $15 replacement fee
Check Mark Option to purchase security insurance Cross   ATM withdrawal fee
Check Mark No cross currency conversion fee  

 

 

Benefits of the Auspost Multi-currency Cash Passport

 

CBA Travel Card

 Manage your money

  • Reloadable for free in the CommBank app, NetBank, in branch, over the phone or via BPAY
  • Transfer existing card balances into other currencies
  • Check your balance and transaction history via the easy CommBank app or online

 

 Security

  • Purchase Security insurance that provides coverage for items purchased on your Travel Money Card that are lost, stolen or damaged within 90 days of purchase
  • Chip and PIN protected

 

Mastrcard Icon Convenience

  • Change your PIN via app or Netbank website
  • Transfer to and from selected CommBank accounts in real time 
  • Concierge service
  • Free back-up card
  • 24/7 fraud monitoring

 

Savings Savings

  • Enjoy free reloads at locked in exchange rates via the CommBank app or NetBank, BPAY or in branch  
  • Lock in the value of your foreign currency on purchase of your card
  • Free transfer between currencies on card
  • No cross currency conversion fee

 

 

Currencies and Countries

 

Currencies Supported

Australia Flag Australian dollars (AUD)

US Flag US dollars (USD)

Euro Flag Euro (EUR)

UK Flag Great British pounds (GBP)

New Zealand Flag New Zealand dollars

New Zealand Flag Chinese yuan

Vietnam Flag Vietnamese dong

Hong Kong Flag Hong Kong dollars (HKD)

Canada Flag Canadian dollars (CAD)

Singapore Flag Singapore dollars (SGD)

Thailand Flag Thai baht (THB)

Japan Flag Japanese yen (JPY)

UAE Flag  United Arab Emirates dirham (AED)

 

Load Amounts

 

Minimum Load Maximum Load
$1 $100,000

 

 

Loading Funds Number of Loads
  • Maximum number of loads and reloads per day
  • Maximum number of transfers out of your Travel Money Card per day
  • Maximum number of transfers between currencies on the same Travel Money Card per day
  • Maximum number of transfers between different Travel Money Card accounts
  • Maximum number of over the counter cash withdrawals
14

 

Transaction Limits

 

ATM Withdrawal Limit (24 hours) POS Transaction Limit (24 hours)

AUD 2,500 (or currency equivalent)

AUD 7,500 (or currency equivalent)

 

Fees

All prices are in AUD

Card Purchase Initial Load Reload Funds
$15 Free Free

 

 

Foreign Currency Conversion* Inactivity Fee Card Termination
Nil Nil Free

 

 

Negative Balance Replacement Card
** Free

 

* No fee is applicable. The rate applicable to the conversion is the retail foreign exchange rate at the time of the conversion. 
** When CBA convert funds to repay the negative balance they will use the retail exchange rate applicable at the time the transaction is processed. 

 

ATM Withdrawal Fees*

AUD 3.50

GBP 2.00

NZD 3.50

HKD 17.00

THB 80.00

VND 50,000

USD 2.50

EUR 2.20

CAD 3.00

SGD 3.50

JPY 220

AED 10.00

 

*No charge at any Commonwealth Bank or Bank West ATM in Australia. In addition, all ATM balance enquiries are free.

 

Case Study

Dom is from the UK but has lived in Australia for the past year. He decided to travel Asia for a month while his work allowed him to. In Australia, he banks with Commonwealth and decided to take out their ‘Commonwealth Travel Money Card’ for his trip. 

Instead of worrying about carrying cash around in his backpack, or being charged using his Debit card, Dom left Australia knowing he had loaded his sufficient AUD funds into the correct currencies he would need for the countries he was visiting. It was also the only card that supported Vietnam Dong.

What Dom also found out on his trip was how easy it was to reload funds and keep an eye on his transaction history through the CommBank app. Dom also had the freedom to transfer leftover funds from currencies so he could choose to spend as much it before returning back, or redeem it.  

 

How To Apply for the Multi-currency Cash Passport

 

 

Commbank Logo

Commbank Travel Card

Order your card through Netbank or call up a branch closest to you

 Check Mark Order your card online

Check Mark Lock in your currencies and exchange rates

Check Mark Use your card online or overseas

In a hurry? Visit a Commbank closest to you

 

Apply Here        Learn More


 

 

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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.