Travelex Multi-Currency Cash Passport Review

Important Update: Travelex no longer sell the Multi-Currency Cash Passport. If you have one already, you can reload it online but you won't be able to buy a new one.

Find out more about their new card, the Travelex Travel Money Card here

If you still have a Travelex Multi-Currency Cash Passport, here is a review from 2016.

Pros and cons of using Travelex Multi-Currency Cash Passport

  • Free back-up card
  • Free replacement card
  • Unlimited reloads
  • Lock in exchange rates
  • Card purchase and initial load fee
  • Reload fee applies
  • $4 per month inactivity fee

Benefits of the Travelex Multi-Currency Cash Passport

Security

  • Chip and PIN protected
  • Free second back-up card
  • Free replacement in event of loss or theft

Convenience

  • Withdraw local currency at millions of ATM worldwide
  • Use unspent funds for next trip or cash out your card
  • Unlimited reloads

Savings

  • Accepted for purchases at millions of MasterCard locations worldwide with no transaction fee (subject to surcharges by merchant)

Manage Your Money

  • Purchase card via Travelex Outlet centres or online
  • Avoid currency fluctuations by loading in the intended currency you require
  • Check your balances, allocate your funds across different currencies, view your recent transactions and more online after registering your card online.

Currencies and Countries

Currencies Supported

  • Australian dollars (AUD)
  • US dollars (USD)
  • Euro (EUR)
  • Great British pounds (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 (daily min via BPAY)
  • Maximum Load $100,000, $25,000 (daily limit via BPAY)

 

Transaction Limits

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

Fees

All prices are in AUD

Card Purchase Reload Funds Initial Load
$15 or greater of 1.1% of initial load $15 or greater of 1.1% of initial load
or
$5 through Cash Passport App
Fee is set by agent from which you purchase the card

 

 

Foreign Currency Conversion* Inactivity Fee Replacement card
Mastercard rate plus 5.95% of transaction value** $4 per month Free

* Foreign currency conversion is charged when you spend in a currency that is not loaded or supported on the card

**The MasterCard rate is the exchange rate determined by MasterCard to be their wholesale rate or the government mandated rate in effect in the day the transaction is processed by MasterCard. 

 

Card Termination Negative Balance
$10 $20

 

ATM Withdrawal Fees
International ATM withdrawal and balance enquiries are free (some ATM operators might charge their own fee, or set their own limits).

 

Case Study

Hans is from Germany and is living in Australia for a year. During his stay, he plans on travelling Asia and New Zealand before returning back to Europe.

Hans is worried about how he would keep his money safe when he travels, and wasn’t sure how he could budget his spending properly while he was away. Being so far from home, he knew that he had to be careful.

He saw that the Travelex Multi-currency Cash Passport not only held Asian currencies such as THB, HKD and SGD but it also offered 24/7 Global Assistance. He visited one of the Travelex outlet stores to enquire and purchased one easily.

He could now begin to upload his hard-earned AUD onto his card and look forward to his upcoming trips, knowing he had his money safe and secure. If he were to get into any trouble though, there was always a helpful 24/7 Global Emergency Assistance team there.

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 ⟶