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$50 Credit with $2500 Cashpassport from Mastercard

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$50 Credit with $2500 Cashpassport from Mastercard
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Jeffreylin on 19/12/2012 - 18:41 cashpassport.onlinetravelmoney.com.au (239 clicks)
MCP100

Saw this as an email from reward central - Don't know about this product so not sure if this is anygood?

Buy your Multi-currency Cash Passport online between 19 December and 31 December 2012 and

Receive a $50 (AUD) bonus credit

Offer limited to 1 per person.

Offer only valid on Foreign Currency purchases over $2500 (AUD equivalent)*

To claim the offer, simply purchase your MasterCard Multi-currency Cash Passport and email the Promotion code MCP100 with your receipt to [email protected] **

*Offer excludes Australian dollar purchases

** Cardholder must email proof of purchase to [email protected] and quote promotion codeMCP100

Terms and Conditions
Entry into this promotion shall be deemed acceptance of these conditions of entry.

The promoter is Access Prepaid Australia Pty Ltd (the "Promoter") of Level 6, 165 Walker Street, North Sydney NSW 2060 (ABN 47 145 452 044, AFSL 386837).

This Promotion commences from 9am, 12th December 2012 and ends 5pm, 24th December 2012.

This Promotion is valid by purchasing your Multi-currency Cash Passport exclusively at this website (www.cashpassport.onlinetravelmoney.com.au) and is not valid with any other promotion, offer or discount.

To be eligible for the bonus credit amount, the cardholder must provide proof of purchase by emailing a copy of the receipt to [email protected] and quoting promotion code MCP100 in the email

Loads and reloads are subject to the fees and limits specified in the Multi-currency Cash Passport Product Disclosure Statement.

Bonus credit will be credited in Australian dollars to your Multi-currency Cash Passport Australian dollar purse only.

The Promoter's decision is final and no correspondence will be entered into.

The Promoter reserves the right to change these Terms and Conditions at any time or cancel the Promotion (or any part of it) without prior notice.

Limit of one Multi-currency Cash Passport per person.

Financial Credit Card

Related Stores

onlinetravelmoney.com.au
onlinetravelmoney.com.au

closed Comments

  • retiredfeline on 19/12/2012 - 18:45
    +6

    That's just 2% off. You'd save more money by getting better rates with something like 28degrees MC.

  • rekabkram on 19/12/2012 - 19:00

    The exchange rate is ~3% commision with this.
    So you can load money on to it but it will cost the same as using a normal card (assuming 3% exchange rates like my CBA account).
    28 degrees is much better offering.
    If you need cash then head to Auspost as they do 0% commision cash, no idea why they are doing it as it seems they lose from offering the service but can't complain.

    • chris449 on 19/12/2012 - 19:13

      If you live anywhere near a small foreign exchange shop, go to them instead of AusPost. I've been tracking the SGD rate recently; Cashpassport are 1.2184, AusPost are 1.214, Melbourne CBD exchange shops are 1.25-1.26, Citibank is 1.2652 and 28degrees is 1.2810.

      • rekabkram on 19/12/2012 - 19:49

        Strange, I had to buy some NZD and they gave me the exact rate that XE were displaying.
        I don't see any why any company would beat an exchange rate and essentially be giving away money.

        I did shop around at first but the best I was offered was to match the exchange rate like Auspost but I had to give them $10 commision.

        • chris449 on 19/12/2012 - 19:55

          I'm just going by the currency conversion on AusPost's website which currently says NZD is 1.2013 vs XE's 1.25279. If anyone will give you the XE rate with no commissions, they'll probably be the best deal available.

        • rekabkram on 19/12/2012 - 20:04

          Fair enough, it may have been a promo or only available at select stores. Glad I bought when I did.

  • ozdesi on 19/12/2012 - 19:04
    +2

    This is not a bargain considering the currency conversion commission involved

  • chris449 on 19/12/2012 - 19:07

    Your initial AUD 2500 will buy you SGD 3106.92 (with the stated rate of 1.2184 and considering the bonus $50) when using this card. (This just happens to be the currency I'm most interested in at the moment). A Citibank transaction account should have you buying SGD 3163.00 with their rate of 1.2652.

    I'm yet to see one of these prepaid travel cards that beats the flexibility and value of 28degrees or Citibank.

  • Derrick Crane on 19/12/2012 - 19:34
    +3

    Believe me, I have done the research and Cashpassport is an expensive way to get money overseas. As mentioned previously, 28degrees MC is the way to go.

    • aec on 19/12/2012 - 19:49
      +2

      it is exactly what i want to say. go for a 28 degrees card. it is the best card you can get if you go overseas. i loaded up money and then withdrawn from the atm when i was New zealand and China. the ATM did not even charge me any processing fee. i am going to US soon. this time, i will load money into my gf's 28degrees and use hers as a debit card to withdraw money and mine as a credit card for shopping.

  • coolsteps on 21/12/2012 - 10:55

    you can get a free amex Global travel card atm from post offices that have amex foreign exchange. just need photo id. not sure on this amex offer but i tend to agree on "I'm yet to see one of these prepaid travel cards that beats the flexibility and value of 28degrees or Citibank."

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