Mastercard Cash Passport Review

Learn about the Mastercard Cash Passport in this review to help you decide whether this is the card for you.

  • Reloadable Mastercard® Prepaid Card
  • Load up to 10 currencies
  • Lock in exchange rate
  • 24/7 Global Emergency Assistance

Pros and cons of using Mastercard Cash Passport

  •  Lock in exchange rates
  • Load foreign currencies and AUD
  • Up to 10 different currencies
  • Enjoy exclusive Cash Passport benefits and privileges
  • $10 cash out fee
  • Reload fees apply for Debit Card, BPAY and in-store
  • Cannot change your PIN

Benefits of the Mastercard Cash Passport


  • Chip and PIN protected
  • Automatic SMS alerts relating to your Cash Passport or card activity


  • Access your money worldwide where there is a Mastercard® symbol
  • Use in-store, over the counter, or online with overseas retailers
  • Contactless under $100AUD
  • Load both foreign currencies and AUD to your card


  • When you load or reload your card, you lock in the exchange rates of that day
  • No charge for international transaction fee when you pay in a currency you have loaded
  • Enjoy exclusive offers and benefits from being a Cash Passport holder

Manage Your Money

  • View available balance and transaction history online via ‘My Account’ as well as reload and transfer funds between currencies
  • Cash out your remaining balance on your return, direct to your nominated bank account
  • Transfer between different currencies on your card

Currencies and Countries

Currencies Supported

  • Australian dollars (AUD)
  • US dollars (USD)
  • Euro (EUR)
  • United Kingdom (GBP)
  • New Zealand dollars (NZD)
  • Hong Kong dollars (HKD)
  • Canadian dollars (CAD)
  • Singapore dollars (SGD)
  • Thai baht (THB)
  • Japanese yen (JPY)


Load Amounts

  • Minimum Load: $100, $100 (BPAY), $100 (Debit)
  • Maximum Load: $100,000, $25,000 (BPAY), Up to $60,000 (Debit)


Transaction Limits

  • ATM Withdrawal Limit (24 hours) : AUD 3,000 (or currency equivalent)
  • POS Transaction Limit (24 hours): AUD 15,000


All prices are in AUD

Card Purchase Initial Load Reload Funds
Free Free Free (via online or bank transfer)



Foreign Currency Conversion Inactivity Fee Negative Balance
Free Free Nil



Cash Out Replacement or Back-up card
$10 Free


ATM Withdrawal Fees*
AUD 3.50**
CAD 3.50
GBP 2.00
NZD 3.50
SGD 3.50
USD 2.50
EUR 2.50
HKD 18.00
JPY 260
THB 80

*Domestic ATM fee of 2.95% when withdraw cash out in Australia
**For international ATM withdrawals in countries not mentioned above or insufficient funds in the relevant Currency to cover the whole transaction

Case Study

Sally has been a Mastercard Cash Passport holder for 2 years. Before joining, Sally used to fly to Canada regularly with her husband and buy her currency in cash. On one occasion however, she had her handbag stolen and lost all of her cash.

Since then, Sally looked online and saw the Mastercard Cash Passport and how easy it was to apply. She did not have to be an existing customer, and there was no charge for international fees when she paid in a currency she had loaded onto the card. What’s more, she could get a free replacement card if ever her bag was stolen again (hopefully not!).

Now Sally would be lost without her Cash Passport. Not only can she load both foreign currencies and AUD onto her card, but she can also lock in exchange rates and enjoy benefits and privileges worldwide for being a Cash Passport holder.

Online Tools

Save time and let our online tools crunch the numbers for you.

Currency converter

Burning to know what the exchange rate is? Check today’s exchange rate on any amount.

View tool ⟶

Travel money comparison tool

Heading overseas? Find the best rates for exchanging currency online or find a store near you.

View tool ⟶

Knowledge centre

Learn the ins and outs of currency

View tool ⟶

Money transfer comparison tool

Finding the best deal can be nightmare. We bring together all your options by highlighting the fees and rates.

View tool ⟶

Ileana Ionescu
Content manager
With a background in business journalism, Ileana is an experienced content manager, creating content for Exiap that helps its audience make informed decisions about their finances.
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Last updated
November 13th, 2018