[[cards_with_no_overseas_transaction_fees]]
Differences
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cards_with_no_overseas_transaction_fees [2018/12/27 14:11] knick007 [Citibank Plus Bank Account] |
cards_with_no_overseas_transaction_fees [2025/06/30 16:57] (current) miked Bankwest Qantas Platinum A/fee change and removal of Qantas transation account |
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| - | ====== Cards with No Overseas Transaction Fees ====== | + | ====== Debit & Credit Cards with No International Fees ====== |
| - | There are very few cards on the market that have no overseas transaction fees. Most charge between 2-3% for any overseas transaction; plus an additional $5-$6 per overseas ATM transaction. | + | This wiki breaks down all the credit and debit cards available in Australia that don';t charge you international fees. |
| - | See this [[http://www.choice.com.au/Reviews-and-Tests/Money/Banking/Travel-money/Buying-guide-Travel-money/Page/Card%20comparison.aspx|CHOICE magazine article]] on the foreign exchange charges on overseas purchases. | + | This wiki is contributed by the public, therefore its accuracy cannot be guaranteed. You need to perform your own checks on the specific banks websites by reading their up to date terms and conditions. |
| - | The 28 Degrees (formerly Wizard Clear Advantage) MasterCard used to be easily obtainable and popular for its complete lack of overseas fees, but this changed in 2014. Currently (01/2017), the Citibank Plus Debit card is the only easily obtainable card (i.e. for any income). The most easily obtained credit card would probably be the Coles Rewards Mastercard. | + | ====== Ethical Banking ====== |
| - | For a more updated and comprehensive resource see the [[http://www.creditcard.com.au/credit-cards-with-no-international-fees/|creditcard.com.au table featuring credit cards with no international transaction fees]] | + | See if the bank you choose invests its money in fossil fuels at Marketforces [[https://www.marketforces.org.au/info/compare-bank-table/|here]] |
| + | ====== Visa & Mastercard ====== | ||
| + | Visa and Mastercard are the payment networks which allows banks to process credit and debit cards transactions. So even though your bank is the card issuer (which is linked to a local bank account), Visa and Mastercard allow them to use their networks for the payments to happen. | ||
| - | ===== Citibank Plus Bank Account ===== | + | Mastercard is more popular in Australia due to its discounts, specials and rewards; however, Visa is the largest payment network globally. |
| - | The [[http://citibank.com.au/aus/banking/everyday_banking/citibank_plus.htm|Debit Card]] linked to the Citibank Plus Account offers no international fees for ATM withdrawals or transactions. The card features: | + | It's advisable when travelling overseas that you consider having both a Visa and Mastercard issued credit or debit card on you, just in case a merchant doesn't accept either Visa or Mastercard. |
| - | * No currency conversion fees with market rates set by [[https://www.mastercard.com/global/currencyconversion/index.html|MasterCard]]. | + | ===== Mastercard ===== |
| - | * No Citibank fees for international ATM withdrawals (an ATM owner fee may apply). | + | |
| - | * No account keeping/monthly fees. | + | |
| - | * Extensive ATMs and branches worldwide. | + | |
| - | * Linked debit card not credit - no credit check required. | + | |
| - | * Free wine at participating restaurants within Australia. | + | |
| - | * In USA many 7/11 have Citibank ATMs in store (at least on West Coast). | + | |
| - | * Apple Pay and Samsung Pay support* | + | |
| - | Some drawbacks include an average-poor online banking system and a slow registration process (often requiring visiting a branch or Australia post to confirm identity). However, for a fee-free debit card that anyone old enough can apply for, it is a real competitor to the other options. | + | If you transact in a foreign currency that is not USD, Mastercard will first convert the amount to USD and then back into AUD. You can use Mastercard's exchange calculator [[https://www.mastercard.com/global/en/personal/get-support/convert-currency.html|here]]. |
| - | Note: To link this card to a __PayPal__ account, first ensure that Citibank has linked your Citibank Plus account to the Debit card as the "primary" account. That way you can pay via PayPal with no foreign conversion fee (providing you make the right selections in PayPal during the payment, i.e. select to pay in the foreign currency and don't have PayPal do the conversion). | + | ===== Visa ===== |
| - | [[https://knick007.files.wordpress.com/2016/06/citi_frm_identity-verification-request.pdf|ID verification form for Citibank]] - You may be asked to fill this out and take it to AusPost as part of the sign up process | + | Visa's exchange rates in USD generally match Mastercard's rate. However on other currency they generally have a very slight advantage as they don't convert to USD and then to AUD like Mastercard does. You can use Visa's exchange calculator [[https://www.visa.com.au/support/consumer/travel-support/exchange-rate-calculator.html|here]]. |
| - | //**(this card is changing from Visa Debit to Mastercard Debit in March 2017 - terms & conditions may change)**// | + | ====== eftpos ====== |
| - | *Apple Pay for credit cards only. | + | eftpos is the local Australian payment network, and payments made via the Savings (SAV) & Cheque (CHQ) options on the terminal will be processed in real-time via eftpos. The payment network is available on eftpos payment cards and most dual-network Mastercard/Visa debit cards. |
| - | ===== Macquarie Transaction Account ===== | + | |
| - | The debit card linked to the [[http://www.macquarie.com/au/personal/bank-accounts/transaction|Macquarie Transaction Account]] features: | + | Withdrawing cash (Cash Out) from your account when at a terminal is also available at some merchants via the Savings (SAV) & Cheque (CHQ) options. Some merchants also charge less or no payment fees (Surcharge) when making a payment through the eftpos network, due to it being a cheaper payment method (lower cost of acceptance for the merchant). |
| - | * No overseas transaction fees on purchases. | + | Some dual-network Mastercard/Visa debit cards can also use the eftpos network via the contactless payment method on a smartphone. Depending on the card issuer, this payment option may be enabled/disabled through the corresponding digital wallet that the card has been added to. |
| - | * No Macquarie fees for international ATM withdrawals (an ATM owner/operator fee may apply[as of 8/12/2017]) | + | |
| - | * No account keeping/monthly fees. | + | |
| - | * Refund at all Australian ATM's for withdrawals and balance request. | + | |
| - | * Apple Pay support | + | |
| - | * Google Pay support | + | |
| - | ===== ING Direct Orange Everyday Account or Orange One Credit Card ===== | + | eftpos is available in Australia only and is not related to 'Eftpos' in New Zealand. While eftpos can't be used overseas, it may influence your choice of Mastercard/Visa debit card, as not all Mastercard/Visa issued debit cards are dual-network with eftpos. |
| + | ====== Dynamic Currency Conversion (DCC) ====== | ||
| - | The Visa debit card linked to [[https://www.ing.com.au/everyday-banking.html|Orange Everyday]] account or the [[https://www.ing.com.au/credit-cards/orange-one.html|Orange One]] credit card, both offer free international transactions once these conditions are met each month: | + | If you have a card with no international transaction fees, it's advisable to avoid using DCC if it's offered to you. |
| - | * deposit at least $1000 from an external source to any personal ING account; and | + | DCC is sold as a service for travellers because you don’t need to understand the exchange rate to know what a transaction is costing you. However, it will almost always result in paying extra compared to paying in the local currency, as DCC comes with the risk of hidden fees and a poor exchange rate in the amount. |
| - | * make at least 5 non-cash purchases using ING debit or credit card | + | |
| - | Note that international transaction fees are waived for the **next calendar month** when you meet the above conditions in the current calendar month | + | DCC occurs when you’re prompted if you like to be charged in the local currency or Australian Dollars (AUD). |
| + | The three places you will likely see DCC being used is via PayPal, foreign ATMs and foreign merchant terminals. However, you may find this prompt in other places while travelling overseas. | ||
| - | Furthermore, when the above conditions are met Orange Everyday account offers, | + | If you have a card with no international transaction fees, you will likely always be ahead if you select 'pay in local currency' which will process the payment via Visa or Mastercard's exchange rate. This is almost always better than the rate an overseas ATM or merchant will give you via their DCC offering. |
| - | * Fee free ATM access around the world (Any ATM owner fees are refunded immediately, even overseas) | + | |
| - | * No account keeping fee | + | |
| - | Apart from that, the bank supports, | + | ====== International ATM's ====== |
| - | * Apple pay and Google pay | + | |
| - | * Osko/PayID support - both inward and outward | + | |
| - | + | ||
| - | ===== 28 Degrees Platinum MasterCard ===== | + | |
| - | The [[http://www.28degreescard.com.au| 28 Degrees Platinum MasterCard]] features: | + | The Whirlpool wiki keeps a pretty up-to-date list of international ATM networks and their fees which is available [[https://whirlpool.net.au/wiki/international_atms|here]]. |
| - | * No annual fee. | + | ====== Credit Cards - Joint vs Additional Card Holders ====== |
| - | * No currency conversion fees with market rates set by [[https://www.mastercard.com/global/currencyconversion/index.html|MasterCard]] | + | |
| - | * Min $4.00 cash advance (incl ATM) fee (introduced in 2014; the card originally had no cash advance fee). | + | |
| - | * No fees for overseas purchases. | + | |
| - | * A 20.99% rate on purchases AND cash (unlike some other low rate credit cards). | + | |
| - | * 4.99% p.a. interest for six months from account opening on balances transferred. | + | |
| - | * Up to 55 days interest free on purchases (but not cash withdrawals). | + | |
| - | * Payments of balance owed can be made using the "online service centre" (free) or by BPAY (see below) | + | |
| - | * **BPAY payment fee of 95c** per transfer (free if Direct Debit or Direct Debit via. Online Service Centre) (as of July 2016). You can only put your card in positive balance (to avoid cash advance interest) by using BPAY, which always incurs the 95c fee. | + | |
| - | * Paper statement fee of $2.00 each month (free if via PDF). | + | |
| - | * $20 late payment fee (https://www.28degreescard.com.au/credit-card-features/#rates-fees). | + | |
| - | * New applicant only got "Platinum" card option with min. limit: $6000 (was available as normal card before 2014) | + | |
| - | ===== Bankwest Zero Platinum MasterCard ===== | + | A joint credit card is different to a credit card that has a nominated additional cardholder (or cardholders). |
| - | The [[http://www.bankwest.com.au/personal/credit-cards/compare-credit-cards/zero-mastercard-no-annual-fee-credit-cards|Bankwest Zero Platinum Card]] does not charge currency conversion fees (uses MasterCard exchange rate for the time of transaction), and provides free travel insurance for cardholders and their dependents as long as a minimum of $500 of the pre-paid travel expenses (e.g. flights, hotel) are paid using the card. | + | Joint credit cards are held in the name of two people. Both of these people will need to apply and be approved for it, and they will be jointly responsible for paying off any debts incurred. Generally, each person will receive a credit card with a unique number (like a debit card). |
| - | Features: | + | Additional cardholders also receive a physical credit card and are able to use it with few or no restrictions, but they do not carry any liability for the debt of the card. The primary cardholder is responsible for paying the debt (including any spending made by the additional cardholder). Depending on the financial institution, the additional card holder may have a card with the exact same number as the primary card holder, whereas others will provide a unique number. |
| - | * No annual fee. | + | ====== Credit Cards with No International Transaction Fees ====== |
| - | * 2.99% p.a. on balance transfers for 9 months. | + | |
| - | * Up to 55 days interest free on purchases# | + | |
| - | * No foreign transaction fees on online and overseas purchases. | + | |
| - | * Free travel insurance, purchase protection and extended warranty. | + | |
| - | ===== Bankwest Qantas Platinum Mastercard ===== | + | |**Bank** ^ Product Name ^ Annual/Monthly Fee ^ Visa/Mastercard ^ Joint Accounts ^ Additional Card Holder ^ Reward Points/Cash Back ^ Airport Lounge ^ Travel Insurance ^ Price Guarantee ^ Purchase Security ^ Extended Warranty ^ Apple Pay ^ Google Pay ^ Garmin Pay ^ Interest Free Period ^ Notes ^ |
| + | ^ Bankfirst | Classic | $0 | Visa | ❌ | ✔️ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ | ❌ | 55 Days | International transaction fee waiver only applies if you have a home loan with Bankfirst. | | ||
| + | ^ Bankfirst | Platinum | $99 | Visa | ❌ | ✔️ | ❌ | ❌ | ✔️ | ❌ | ❌ | ❌ | ✔️ | ✔️ | ❌ | 55 Days | - | | ||
| + | ^ Bankwest | Breeze Platinum | $59 | Mastercard | ❌ | ✔️ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 55 Days | - | | ||
| + | ^ Bankwest | More Platinum | $160 | Mastercard | ❌ | ✔️ | 2 Bankwest points per $1 | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 44 Days | - | | ||
| + | ^ Bankwest | More World Platinum | $270 | Mastercard | ❌ | ✔️ | 2.5 Bankwest points per $1 | x10 passes per year. | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 44 Days | - | | ||
| + | ^ Bankwest | Qantas Platinum | $199 | Mastercard | ❌ | ✔️ | 0.6 QANTAS points per $1 up to $2500, then 0.3 | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 44 Days | - | | ||
| + | ^ Bankwest | Qantas World Platinum | $320 | Mastercard | ❌ | ✔️ | 1 QANTAS points per $1 up to $5000, then 0.5 | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 44 Days | - | | ||
| + | ^ Bankwest | Zero Platinum | $0 | Mastercard | ❌ | ✔️ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | 55 Days | - | | ||
| + | ^ Bendigo Bank | Ready | $0 | Mastercard | ✔️ | ✔️ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 55 Days | Currently the only zero international fee credit card with insurances and the option of a joint account. BSB/Account number available for the credit card, so you can do fast money transfers onto the card, no need to pay via BPAY. | | ||
| + | ^ Commonwealth Bank | Smart Awards | $0 with $2000 monthly statement spend, otherwise $19/month. | Mastercard | ❌ | ✔️ | 1.5 Commbank Award Points for grocery/petrol, 1 Point for everything else, up to $5,000, then 0.5. Option to earn Qantas Points instead of CommBank Award Points for $90. | Access to lounges at additional cost. | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 44 Days | - | | ||
| + | ^ Commonwealth Bank | Ultimate Awards | $0 with $4000 monthly statement spend, otherwise $35/month. | Mastercard | ❌ | ✔️ | 3 Commbank Award Points for International Spend, 2 Commbank Award Points for grocery/petrol, 1 Point for everything else, up to $10,000, then 0.5. Option to earn Qantas Points instead of CommBank Award Points for $90. | x2 passes per year. | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 44 Days | - | | ||
| + | ^ Commonwealth Bank | Neo | $12/$18/$22 each month based on credit limit. | Mastercard | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | No interest charged. | Monthly fee is charged if you use the card. If you don't use the card then no monthly fee applies. No additional card holder function available. | | ||
| + | ^ HSBC | Low Rate | $99 | Visa | ❌ | ✔️ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ | - | 55 Days | - | | ||
| + | ^ Humm90 | Platinum Mastercard | $9.95/month | Mastercard | ❌ | ✔️ - $10 per year | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ | - | 110 Days | - | | ||
| + | ^ ING | Orange One Low Rate | $48 | Visa | ❌ |✔️ - $10 | ❌ | ❌ | Yes - If credit limit is $6000 or more. | ❌ | ❌ | ❌ | ✔️ | ✔️ | ❌ | 44 Days | Deposit $1000 + x5 transactions across ING debit or credit card or hold an ING home loan. | | ||
| + | ^ ING | Orange One Platinum | $149 | Visa | ❌ | ✔️ - $10 | 1% cashback up to $3000 spend per month. | ❌ | ✔️ | ❌ | ❌ | ❌ | ✔️ | ✔️ | ❌ | 44 Days | Deposit $1000 + x5 transactions across ING debit or credit card, or hold an ING home loan. | | ||
| + | ^ Latitude Finance | 28 Degrees | $8/month | Mastercard| ❌ | ✔️ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | 55 Days | Charges at least $0.95 for each BPay payment. | | ||
| + | ^ Macquarie Bank | Black | $249 | Visa | ❌ | ✔️ | 2 Macquarie Points per $1 | ❌ | ✔️ | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 55 Days | Applications restricted to Macquarie Bank home loan customers. | | ||
| + | ^ Macquarie Bank | Platinum | $99 | Visa | ❌ | ✔️ | 1.25 Macquarie Points per $1 | ❌ | ✔️ | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 55 Days | Applications restricted to Macquarie Bank home loan customers. | | ||
| + | ^ Macquarie Bank | Rate Saver | $69 | Visa | ❌ | ✔️ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | 55 Days | Applications restricted to Macquarie Bank home loan customers. | | ||
| + | ^ NAB | Rewards Signature | $0 with $5,000 monthly statement spend, otherwise $35/month. | Visa | ❌ | ✔️ | 1.5 NAB Rewards points for every $1 spent up to and including $15,000 in a statement period, then 0.5 points | ❌ | ✔️ | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | 44 Days | - | | ||
| + | ^ Westpac | Lite | $9/month | Mastercard | ❌ | ✔️ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | 45 Days | - | | ||
| + | ^ Westpac | Flex | $0 ($10/month if not paid in full on time) | Mastercard | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | ? | Credit limit $1,000 (fixed). Existing customers with salary paid to Westpac account only. Unclear if card has a credit card BIN number. No cash advances. | | ||
| - | The [[http://www.bankwest.com.au/personal/credit-cards/compare-credit-cards/more-mastercard-rewards-qantas-credit-cards|Bankwest Qantas Platinum Card]] features: | + | ====== Debit Cards with No International Transaction Fees ====== |
| - | * No international transaction fees for online and overseas purchases, but overseas ATM withdrawals incur a fee. | + | |**Bank** ^ Product Name ^ Monthly Fee ^ Card Colour Options ^ Visa/Mastercard ^ Joint/Shared Accounts ^ eftpos ^ Bank@Post ^ International ATM Withdrawal Fee ^ Rebate International ATM Operator Fee ^ Apple Pay ^ Google Wallet ^ Samsung Wallet ^ Garmin Pay ^ Notes ^ |
| - | * Collect 0.5 Qantas Frequent Flyer points for every dollar you spend | + | ^ AMP | Everyday Transaction | $0 | ❌ | Mastercard | Coming Soon | ✔️ | ✔️ | $0 | ❌ | ✔️ | ✔️ | ❌ | ❌ | This product is on AMP's new banking platform and is only accessible via their Android and iOS app (internet banking via web browser not available). | |
| - | * $160 annual fee | + | ^ Bankfirst | Visa Debit | $0 | ❌ | Visa | ✔️ | ✔️ | ✔️ | $2.50 | ❌ | ✔️ | ✔️ | ✔️ | ❌ | International transaction fee waiver only applies if you have a home loan with Bankfirst. | |
| - | * Interest rate is 20.49% p.a. on purchase and cash advances | + | ^ Bankwest | Easy Transaction | $0 | ✔️ | Mastercard | ✔️ | ✔️ | ✔️ | $0 | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | Bankwest customers can deposit cash and cheques at CommBank ATMs. | |
| - | * Up to 44 days interest free on purchases when you pay your full balance off each month | + | ^ Great Southern Bank | Everyday Edge Account | $0 | ❌ | Visa | ✔️ | ✔️ | ✔️ | $4.50 - Rebated if eligible criteria met. | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | Deposit $2000 + 5 eligible card purchases in the current month. The rebate is applied on the first day of the next month. | |
| - | + | ^ HSBC | Everyday Global | $0 | ❌ | Visa | ✔️ | ❌ | ❌ | $0 | HSBC ATM's only. Excluding HSBC ATM's in Argentina, France, Greece, Malta, Mexico and Turkey. | ✔️ | ✔️ | ❌ | ❌ | 2% cash back on eligible contactless purchases under $100, up to a maximum $50 cash back each month (AUD only). For 'Everyday Extras' you must deposit $2000 per month. HSBC pulled out of Bank@Post on 11th April 2024. | | |
| - | ===== Coles Rewards MasterCard ===== | + | ^ ING | Orange Everyday | $0 | ❌ | Visa | ✔️ | ✔️ | ✔️ | $5.00 - First 5 ATM withdrawals per month (domestic or international) rebated if eligible criteria met. | ❌ | ✔️ | ✔️ | ❌ | ❌ | Deposit $1000 per month and make 5 eligible transactions or hold an ING home loan. | |
| - | + | ^ Macquarie | Transaction | $0 | ❌ | Mastercard | ✔️ | ❌ | ❌ | $0 | ❌ | ✔️ | ✔️ | ❌ | ❌ | No eftpos or Bank@Post functionality. | | |
| - | The [[https://financialservices.coles.com.au/credit-cards/rewards-mastercard|Coles Rewards MasterCard]] features: | + | ^ ME Bank | SpendME | $0 | ✔️ - 1¢ is donated to the charity linked to each card colour for every transaction performed. | Visa | ✔️ | ✔️ | ✔️ | $0 | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | x5 different debit card colours are linked to different charities. 1¢ is donated every time you make a purchase on your card. https://www.mebank.com.au/banking/charity-transaction-accounts/ | |
| - | + | ^ NAB | Platinum Debit | $10 | ❌ | Visa | ✔️ | ✔️ | ✔️ | $5 | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | 1% cash back on eligible contactless purchases, up to a maximum $10 cash back each month (AUD only). | | |
| - | * No international transaction fees for online and overseas purchases, but overseas ATM withdrawals incur a fee. | + | ^ Suncorp Bank | Everyday Options | $0 | ❌ | Visa | ✔️ | ✔️ | ✔️ | $0 | ❌ | ✔️ | ✔️ | ✔️ | ❌ | Suncorp Bank has been acquired by ANZ. Suncorp Bank customers will be migrated onto the ANZ Plus app in future. https://www.bankingday.com/anz-plus-hitting-its-straps | |
| - | * Collect 2 flybuys points for every dollar you spend | + | ^ :ubank | Spend Account | $0 | ✔️ - Shared and Bills accounts have different card colour. | Visa | ✔️ | ✔️ | ❌ | $0 | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ubank have an additional digital only 'Bills Account' for individual and shared accounts. | |
| - | * $99 annual fee (increased from $89 as at Oct 2017) | + | ^ Up | Transaction Account | $0 | ✔️ - Joint account has a different card colour. | Mastercard | ✔️ - $10 order fee for physical cards. Each need to have active individual transaction accounts in order to have a joint account (can't close individual transaction accounts after opening a joint account). | ✔️ | ✔️ | $0 | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | Up can only be accessed via an Android and iOS app (no support for internet banking via web browser). 2Up joint accounts can only be used if each individual's Up transaction account is active. Up has integration with Wise for international money transfers. | |
| - | * Interest rate is 19.99% p.a. on purchase and cash advances | + | ====== Pre-Paid Debit Cards with No Overseas Transaction Fees ====== |
| - | * Up to 62 days interest free on purchases when you pay your full balance off each month | + | |
| - | + | ||
| - | ===== ANZ Rewards Travel Adventures Visa ===== | + | |
| - | + | ||
| - | The [[https://www.anz.com.au/personal/credit-cards/rewards/travel-adventures/|ANZ Rewards Travel Adventures Card]] features: | + | |
| - | + | ||
| - | * No overseas transaction fees on purchases | + | |
| - | * No overseas ATM fees (**only the VISA card can be used in ATMs**) | + | |
| - | * A number of promotional bonuses have been offered since the card's introduction, so it can be worth looking out for those (if they continue to appear). | + | |
| - | * 1 free **domestic Virgin Australia return flight** every year to //specified destinations// only (including some long routes, e.g. Melbourne to Perth/Darwin/Cairns) - need to book 60 days in advance | + | |
| - | * 2 free **domestic Virgin Australia lounge passes** every year | + | |
| - | * 1.5 Reward Points per $1 spent on eligible purchases up to and including $2,000 per statement period then 0.5 Reward Points per $1 spent on eligible purchases above $2,000 per statement period (2 reward points = 1 Velocity FF point) | + | |
| - | * Up to 55 days interest fee | + | |
| - | * $225 Yearly Fee | + | |
| - | + | ||
| - | + | ||
| - | ===== Westpac Lite Card ===== | + | |
| - | + | ||
| - | The credit card linked to the [[https://www.westpac.com.au/personal-banking/credit-cards/low-rate-cards/westpac-lite-card/]] features: | + | |
| - | + | ||
| - | * No overseas transaction fees on purchases overseas (including online) | + | |
| - | * Free additional cardholder | + | |
| - | * $9/mth fee ($108/year) | + | |
| - | + | ||
| - | ===== DiviPay Virtual Cards ===== | + | |
| - | + | ||
| - | [[https://www.divipay.com|DiviPay]] is a virtual card provider with one of the most competitive exchange rates on the market and Zero fx fees. | + | |
| - | + | ||
| - | **NOTE: DiviPay is temporarily paused** | + | |
| - | + | ||
| - | Features: | + | |
| - | + | ||
| - | * No overseas transaction fees on purchases | + | |
| - | * Mastercard interbank rate | + | |
| - | * Over 150 different currencies | + | |
| - | * Instant issuance of virtual card and real time funds loading | + | |
| - | * Load virtual cards via a credit/debit card and earn points | + | |
| - | + | ||
| - | + | ||
| - | ===== UBank Ultra Transaction Account ===== | + | |
| - | + | ||
| - | [[https://www.ubank.com.au/banking-overview/transaction-accounts|UBank Ultra]] is a transaction account, with a linked savings account ("USaver";), operated as a branchless subsidiary of NAB. | + | |
| - | + | ||
| - | Features: | + | |
| - | * Visa Debit | + | |
| - | * No account or transaction fees | + | |
| - | * No international or ATM fees | + | |
| - | * Unique "Sweep" feature that automatically transfers money from savings account | + | |
| - | * Linked USaver savings account with one of the best interest rates on the market, when you have deposits totalling at least $200 a month. | + | |
| + | |**Payment Provider** ^ Product Name ^ Monthly Fee ^ Visa / Mastercard ^ Airport Lounge Access ^ Overseas ATM Withdrawal Fee ^ Rebate Overseas ATM Operator Fee ^ Apple Pay ^ Google Wallet ^ Samsung Wallet ^ Garmin Pay ^ Notes ^ | ||
| + | ^ Hay | Prepaid | $0 | Visa | - | $0 up to $500 per month, 1.5% for amounts over $500. | ❌ | ✔️ | ✔️ | ✔️ | ❌ | - | | ||
| + | ^ Revolut | Standard | $0 | Visa | - | $0 up to $350 per month. | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | Free physical card (excluding delivery) and no fee for 1st virtual Visa card. | | ||
| + | ^ Revolut | Premium | $10.99 | Visa | Passes are available to purchase. Free passes if flight is delayed for >1 hour. | $0 up to $700 per month. | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | - | | ||
| + | ^ Revolut | Metal | $24.99 | Visa | Passes are available to purchase. Free passes if flight is delayed for >1 hour. | $0 up to $1400 per month. | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | - | | ||
| + | ^ Wise | Multi Currency Account | $0 | Visa | - | $0 up to $350 per month. | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | $10 order fee for physical cards and free virtual Visa cards. Wise has integration with 'Up' for international money transfers. | | ||
Last edited by miked on 2025/06/30 16:57