Qantas - Qantas Frequent Flyer
Member since 04 Oct 2016
Total posts 13
For some time now 28 Degree Mastercard has slugged you with a 3% cash advance fee which is as bad as the forex rate on other ATM cards. It is still the best option for credit card purchases, with zero forex conversion charges. For cash I pair it with the Citibank Plus Visa Debit card, which offers zero forex conversion charges on ATM withdrawals. Many people are now recommending the ING Orange Everyday Visa Debit card which also has zero forex conversion charges and refunds any overseas ATM fees.
Member since 27 Mar 2019
Total posts 8
I generally use ANZ Rewards Travel Adventures and Coles Rewards Platinum credit cards. They've got annual fees, the ANZ fee being waived as part of my mortgage, so that needs considering.
Member since 22 Aug 2013
Total posts 4
For some time now we have used 28 Degrees Mastercard for credit purchases with no fees and an exchange rate close to the published rates. Cash withdrawals are with Citibank debit Mastercard which also has no fees and a good exchange rate. We got an HSBC debit Visa card recently, which also has no fees. On a recent trip, we withdrew Yen and Euros on both debit cards at the same time and Citibank won each time by a small margin, about 0.5%. We didn't take out the ING debit card (despite being a customer for our home loan) as they have a requirement for regular deposits which we can't meet. We will keep the HSBC card as a back up and also to use in Japan where several stores offer 5% discount for paying with Visa, but not Mastercard.
Member since 17 Jan 2018
Total posts 3
The ING orange card is even better as they refund the ATM fee as well on all wdls regardless of location. Excellent rate too.
Etihad - Etihad Guest
Member since 05 Apr 2019
I did the maths on the Qantas Cash card and found that even though they advertise there is no foreign currency fee there is in fact a 5% surcharge on the exchange rate to load the card compared to the rate for the day on a normal MasterCard credit card transaction rate. 5% is a big movement in exchange rates. Does not make it a very attractive alternative in most instances they are holding your money and charging you 5% for the privilege. Really only attractive if you are fairly certain there is going to be at least a 5% unfavourable movement in exchange rate before you spend the money.
Member since 26 Apr 2015
Total posts 6
28 degrees (credit)+ Citibank plus (cash) Used this combination all over the world including places like Kenya and Rwanda and it has worked beautifully. Both are fee free to hold and no Fx fees.
Member since 11 Oct 2014
Total posts 402
If you're looking towards a Debit Card, Westpac has a Global Alliance worldwide with a range of European, US, Canadian, South American and Asian banks that provide bank ATM access free of charge.In the USA, use your Westpac ATM card to withdraw cash from ANY Bank Of America ATM without ATM fees. You will pay 3% on your foreign transaction, but you state you are fairly immune to FX variations etc. I have personally never had a problem using this network arrangement in Europe, UK, South America, Canada, Asia or the USA.
Keep in mind that privately owned ATM's are prevalent in convenience stores and some hotels. You will be warned that the owner levies an ATM charge, usually between USD $5.00-9.00 per transaction, so avoid these like the plague. Similarly, trying to play the FX lock-in rate with Travel Cards can bite you, along with their add-on fees and restrictions ie: moving your money between different transaction currency wallets on the same card.
I travel the USA extensively 3-4 times a year and a month at a time .. and the only state I have found where BoA is lacking a presence is Nebraska. Elsewhere, they cover the entire USA.
Member since 21 Jul 2016
Total posts 25
All very well for OZZIES but others e.g. NZ, are severly limited in what we can do (unless someone can advise better). Cash Passport + credit card+cash is the best option for me.
For business, some cash and credit card is all I require for short trips (week or so), but anything longer options are limited.
Member since 19 Apr 2012
Total posts 730
I did some homework last year and Citibank was slightly cheaper than qantas cash. So I use qantas cash for shorter trips and Citibank for longer ones. Setting up an Australian Citibank account is easy the counterpart one in the US less so but possible. This was for a six month trip so worked out fine.
Virgin Australia - Velocity Rewards
Member since 07 Dec 2015
Total posts 57
I've been looking at ING - I need to do something different. The international fee rebates all look good and your experience has been a good exchange rate consistently?
Member since 20 Jan 2016
Total posts 1
Payment by credit cards is the norm for most purchases in the US. 28 Degrees credit card works well, as do Citibank Plus debit card and Qantas Travel Money debit card for payments and cash (assuming you have converted AUD to USD on the Qantas card before you head off to the US). 28 Degrees (credit use only) and Citibank Plus FX rates are usually more favourable. But if you want to use a debit card to pay for petrol (gas) at service stations you'll need to get pre-authorisation inside at the cashier. Credit card payment at the pump ("swipe and go") is the go at gas stations. A small amount of cash ($50 in small bills) for the ubiquitous tipping culture is always handy.
Member since 15 Apr 2019
Member since 11 Dec 2018
Total posts 16
Member since 04 May 2015
Total posts 58
Up may have no percentage-based international transaction fees, but it still hits customers with a $5 (aud) international ATM withdrawal fee, and that's on top of whatever the ATM operator charges.You also get charged $1.50 (aud) to check your balance at a foreign ATM, again on top of any operator charges.I don't know about you, but I'm generally not withdrawing wads of cash overseas, only what I need for each trip as I'll use my credit card whenever I can, so I'm lucky to withdraw the equivalent of $20 aud at a time. Tack a $5 withdrawal fee onto that and it's effectively a 25% surcharge unless I withdraw a lot more cash (which means forgoing credit card points on some purchases to use that cash up instead, or converting back and taking a currency loss), so as a current Citibank customer, that gives me zero incentive to change banks and try Up, when Citi waives both international transaction and international ATM withdrawal fees.
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