Travelex Money Card AU review

The monthly fee runs AUD 0 to AUD 4 depending on the account type. It is a prepaid card, so the balance is loaded before you spend rather than borrowed, and no interest accrues on what you hold. Top-ups online and in the app are free.

No. The currency conversion fee is 0%, and that places the card at rank 1 out of 259 brands compared on this measure. Spending in a local currency abroad therefore costs the exchange rate and nothing more on the card side.

Online and app top-ups are free, while in-store and direct BPAY top-ups charge a percentage or, for in-store Australian dollar loads, a set dollar amount, whichever is greater. Any monthly charge of AUD 0 to AUD 4 applies on top of that, not instead of it.

The card holds 15 to 22, so a trip through several countries can be funded from one card. Because it is a prepaid card, each currency is loaded and converted before departure rather than at the point of sale.

Travelex Limited is authorised by the Australian Securities and Investments Commission (AFSL) under licence 404131, and the card itself runs on the mastercard network. The provider has operated since 1976 and issues the card from its base in Australia.

Support runs on phone, email and help centre, which covers a phone line, email and a help centre. A lost card or a disputed charge mid-trip is easier to sort with a phone line in reach, and the help centre covers the routine questions.

Against the rest of the site, the monthly fee here runs AUD 0 to AUD 4, which places it at rank 1 out of 419 brands, while the site median sits at €0. The currency conversion fee of 0% also comes in under the site median of 1%.

It suits Australian travellers who want a card funded in local currency before departure rather than a card for daily spending at home. A prepaid balance has to be topped up, and the monthly charge runs AUD 0 to AUD 4.