Have a Europe trip coming up and the wife has been nagging me about using a prepaid travel card rather than just Amex.

4 replies

CmdrTomski

Member since 04 Feb 2016

Total posts 2

Have a Europe trip coming up and the wife has been nagging me about using a prepaid travel card rather than just Amex. The Velocity Global Wallet has appeal as we are a VA/SQ household. Any advice/comments gratefully received.

wilsoni Banned

wilsoni Banned

Qantas - Qantas Frequent Flyer

Member since 28 Sep 2011

Total posts 302

Taking several cards is imperative these days, in case of loss or theft or problems with a card or an account. The VA product is probably as good as any, although I have the NZ Onesmart and the QF cards so I don't really know. I'd say you should take two prepaid cards anyway.

deany83

Qantas - Qantas Frequent Flyer

Member since 21 Jul 2014

Total posts 36

I use the QF Cash card and although the exhange rate can be a bit hit and miss it's easy and convenient plus both the QF and VA one gives you 1 pt per $ when overseas so can be a good little cash bonus if you were just using cash.

GregXL

Qantas - Qantas Frequent Flyer

Member since 26 May 2014

Total posts 303

Travel cards are great if you have the opportunity and wisdom/luck to pre-purchase at an advantageous rate.  If you are just going to load as you go you are better off using a credit card with zero exchange commission.

jianga

Qantas - Qantas Frequent Flyer

Member since 07 Feb 2015

Total posts 140

My friend looked into the VA prepaid card a while ago and found the exchange rates not very favourable at all, plus all the planning you need to do to figure out how much foreign currency you should preload can be time consuming. He reckons its better to use a Velocity branded credit card even with the commission rate and you still get VA points with your purchase. Although Amex is not accepted everywhere so better to have a Visa/Master backup.

Hi Guest, join in the discussion on Have a Europe trip coming up and the wife has been nagging me about using a prepaid travel card rather than just Amex.

Attach Files