Comparing Travel Cards for Australians Heading Overseas

We’ve had a good look through a dozen of the most widely used travel cards and came up with some tips that might save you some money. This article reviews and compares 5 of the most popular prepaid travel cards.

Prepaid travel cards have different features and fees, but the most important thing when choosing a card is considering how it will be used.

It takes a while to go through each travel card in detail, so here is a summary of 5 travel cards, when to use it, what we like about it, and how it's marketed on their website.

Travelex Money Card

What you need to know about the Travelex Money Card

With the Travelex Money Card there is no need to carry around a lot of cash. You can load up to 10 currencies and benefit from contactless payment functionality.

You can also download the Travelex Money app which allows you to check your balance on the go, or reload more/different currency in seconds.

Some of the other benefits are the 24/7 Global Assistance. That means that you don’t have to worry about losing your card or the card being stolen. Travelex quickly and securely provide you with emergency cash.

And what if you need some cash for all those smaller purchases? With Travelex Money Card you can withdraw cash at no extra cost as there are no ATM charges overseas.

It is useful for someone that regularly travels, but also makes online purchases in foreign currency.

Travelex Travel Money Card
What we like about the Travelex Money Card
  • Free Wifi.
  • $0 international ATM fees. This is a huge benefit if you are travelling often and prefer to take out local cash from an ATM


Features and Benefits
  • Save and Secure
  • 24/7 Global Assistance
  • Emergency card/cash available if stolen/lost
  • No ATM fees
  • Contactless payments


Learn more

ANZ Travel Card

What you need to know about the ANZ Travel Card

The ANZ Travel Card is useful for regular holiday or business travel with a good mix of currencies you can load onto the card. They also currently offer to waive an initial set-up fee, so keep up to date with any special promotions.


What we like about the ANZ Travel Card

We like the security and help-line coverage. The customers service line is 24/7 and available from anywhere in the world by phone. Along with the usual chip and pin protection, we also liked the coverage of the ANZ Fraud Money Back Guarantee which includes the ANZ Travel Card.


Best Feature
  • Buying it – If you are travelling last minute you can pick one up from an ANZ branch. Ordering online can take up to 5 days.
How their marketing department sells it:

With ANZ Travel Card, you’ll never have to worry about lugging around large amounts of cash. It’s a simple, safe and convenient way to spend money while you’re off exploring the world.


You can use your card at any of the 29 million merchant and ATM locations worldwide wherever Prepaid Visa cards are accepted electronically. Plus, each card is issued with its own secure PIN that is completely independent of your bank accounts. What’s more, we’ll supply you with a back-up card in case of theft or loss.

Learn more

Currency Pass by Travel Money Oz

What you need to know about the Currency Pass

The Currency Pass is a relatively good option if you are already buying your foreign currency at Travel Money Oz. It would be a good card to use if you are travelling once or twice a year.


What we like about the Currency Pass

It's an easy card to buy and use on holiday, particularly if you buy it in-store and use the app.


Travel Money Oz Currency Pass Travel Card
Best Feature
  • The app. Using and reloading prepaid travel cards can be a nightmare once you've left the country but this app makes it much easier to keep an eye on your holiday spending.


How their marketing department sells it:

The Travel Money Oz Currency Card makes bringing your cash overseas simpler and safer than ever.
How? We’re glad you asked.

  • Load up to 10 currencies
  • Load your card with US Dollars, Euros, Great British Pounds, New Zealand Dollars, Canadian Dollars, Singapore Dollars, Hong Kong Dollars, Japanese Yen, Thai Baht and Australian Dollars.
  • Lock in exchange rates
  • When you load your card with the foreign currencies you need, you lock in the exchange rate* before your trip, so any movement in the market won't impact you. This makes it easy to set your travel budget and stick to it.
  • Easy to reload. Reload online 24/7, anywhere in the world quickly and easily by logging in to your online portal or the Travel Money Oz app. You can also reload by visiting a Travel Money Oz store or any of our authorised retail outlets.

Learn more

NAB Traveller Card

What you need to know about the NAB Traveller Card

If you travel often and take out local currency in cash frequently. If you already bank with NAB, this card is can be managed through NAB internet banking.


What we like about the NAB Traveller Card
  • Having access to emergency funds and a replacement card at no cost is great. Hopefully you’ll never need it but it’s a good fall back.
How their marketing department sells it:

NAB Traveller Card is a prepaid card that lets you use up to 10 currencies on the one card when you travel, so you can pay like a local.

Lock in exchange rates before you travel to know exactly how much money you can spend while you’re away.

Anyone can apply for a NAB Traveller Card.

Learn more

Commonwealth Travel Money Card

What you need to know about the CBA Travel Money Card

This card has an impressive list of currencies you can load onto it including the Vietnamese Dong. Any traveller that spends a lot of time in Asia will find this card useful.

What we like about the CBA Travel Money Card
  • Outside of the broad range of currencies available, we like SMS balance alerts. It is a great free feature.


How their marketing department sells it:
  • Choose and load up to 13 currencies on your card at any one time
  • Lock in the exchange rate before you travel
  • Transfer existing card balances into other currencies – fee free
  • Reload via BPAY®, in branch or by calling us
  • Check your balance online or by phone (+61) 1300 660 700 anywhere, anytime
  • Smart chip, PIN and signature protected

Learn more

Make sure you compare currency cards

No matter what your situation, make sure you compare travel cards before making a decision.

The easiest way to do it is to check out a few travel money card reviews or use a travel card comparison table.