Qantas Cash travel money card: what you need to know

Now if Qantas had offered 1 point per $1 I would be tempted to use it... As it stands it earns a lot less points than my credit card so I won't be in a hurry to load it up.

I use an Amex card and miss out on points when retailers don't accept Amex. I have been reluctant to get a Visa/Mastercard in addition to Amex because the annual fee degates the benefit in points.

For someone like myself the Qantas Card could be a good way of earning some points. 1 per $2 is not great but better than nothing considering I'm not paying an annual fee. Unless I'm missing something critical!

I can see this being handy overseas. Still cant beat the 28 degrees card although this does give you points and allows you to lock in the rate. Also like how you can switch currencies instantly on tap.

As for domestic use, no thanks. 1 point for each $2 simply not good enough. Cant see the motivation. 

What about a fee if you don't use the card..I got the virgin card a couple of weeks ago and noticed that if you don't use the card you are charged a fee,so have not activated yet to see what Qantas offers

The main appeal of the card for me is that "the exchange rate used for the initial load of that currency will be locked in until you’re ready to use the funds"

The rates aren't that bad. Today the USD amount is only 2% lower than the spot rate, which I think is better than what I can get at a bank. I'd be keen to lock in a bit of USD today in anticipation of further falls in the next 12-18 months...

From what I can gather, there is no minimum spend per transaction, but what's an 'eligible purchase'?

Did you know that Qantas Cash has a $1.00 monthly inactivity fee and there is no facility available to change your pin number.

Having just had another fraudulent transaction from O/S on my debit card, this would seem to be a good option to load up with cash when travelling overeseas, and then unload it on return so no more frauds.

In the discussions below, on the Qantascash(QC)/Mastercard, I've seen no mention of when the exchange is uplifted by a 3% commission.

It seems to apply when a Mastercard transaction has either no or insufficient of the transaction currency and has to convert another currency on the QC card to to cover the transaction, e.g. a USD transaction or withdrawal greater the USD balance, if any, on the QC card. In this case the Mastercard exchange rate is inflated by 3%.

It also seems to apply when currency is moved from one QC wallet to another. If I request some of my GBP balance be converted to say Euros, I understand that the QC set GBP/Euro exchange rate will also be uplifted by 3%.

But what about initial loads? If I initially load say GBP 2000, I can't seem to specify this amount exactly if AUD is my default currency. The on-line load facility only allows me to specify an AUD load amount, so need to specify an AUD that approximates the GBP amount I require.

But does this amount go into my AUD wallet initially and then transferred to my GBP wallet with a 3% currency conversion fee? If so that a lot higher than other travel cards such as ANZ Visa or Amex.

Ok, I just tried to use this card, before I travelled overseas, and thank god i did. I loaded $50 on here, and went to use it at a cafe/restaurant and it got declined!  I rang Qantas cash card before I got home, and they told be the reason it was declied as I have insufficent funds.  Even though the transaction was $50, they hold an addtional 20% for tipping/service fee.  I told her that in Australia we do not have this compulsory, so why it is on this card.  She basically said they can't do anyhting about it.  Well I have now transferred the money out, and will not be using this card again.  STICK TO YOUR NORMAL BANK.... NOT WORTH THE HASSLE

The qantas card is no good for  using overseas, as the currency when  you buy it is locked in only for the day you buy it. Then everyday after that  it is not and the rate can either go up or done, so you either gain money or loose money, it is just pot luck.. I put $400 aud on my card and changed it into hong kong for a holiday and went i went to use it  the money had already dropped. By the time i finished my holiday i ending  up losing $40 aud by using the card. You are better of using cash money or one of the  banks  foreign cash cards, because at least you get what you change unlike  the qantas cash card as there are to many hidden fees and clauses and not locking in the rate once you have purchased for the whole duration.

The Qantas Cash Card is a Joke - Last year in Australia I cosidered activating this card but at that time was told they fixed the pin and it was not changeable . As this was daft - you write down the pin as it is not one you easily remember and the security is zero.  They have now altered this stupidity but replaced it with another - you can change the Pin but only when you are in Australia !

Luckily this nonsense means I won't be using Qantas Cash and I have been saved the circa 6 % charges they have hidden in their currency exchange rates.

I think this card is a pure waste of time for starters you deal with a outsourced call centre in the Philippines not the good Australian call centre. You may as well talk to a brick wall to get sense out of them. I found trying to load instant cash from your bank account to the Qantas cash card is hopeless. I used my suncorp bank transfer to do this. My God it did not work. Then these foolish people said the visa debit card was in joint names which they had no idea what they were saying even though the debit card was in my name. They are really brain dead honestly with the investigations. So i took another option of a bank transfer which had taken 24 hours to complete. I thought this card was you get 1 point for every two dollars you spend? what a rip. I spent $2256.00 purchasing goods from Australia and from a site in china paying USD so what am i meant to get in QFF points? got my latest statement 33 points added wow how often are they meant to do this. That is not right at all. Then i came up with something clever for you all to see you can double dip if you use your everyday woolworths card as well as this Qantas cash card. But still this does not answer the question why the instant cash option does not work on my suncorp account? They have no answers. So why the hell did Qantas send our call centres off sure aren;t they meant to support local Aussie business and employ Australian people here. Yet the Irish idiot CEO Joyce sits on a 30 mil per year pay packet and sends outsourcing to make it cheaper what nonsense. I used the Virgin money card no problem at all. I being a lifetime QFF member since 1991 paid $4000 to do this what have i got from the airline nothing not even a complimentary gust pass into the lounges for my friends. This card is a waste of time using overseas.