Travel overseas with foreign currency without carrying cash
The NAB Traveller Card is the ideal solution for anyone planning to travel overseas. You’re able to load multiple currencies onto the card, so you can withdraw cash in the local currency at your destination.
When you use your card to pay for purchases or to withdraw cash using your NAB Traveller Card overseas, you won’t be charged any fees by NAB. This can save you a considerable sum as compared to using a regular credit card. Of course, ATM fees may still apply from the local ATM, but at least you’re not paying charges from NAB for the transaction.
Likewise, as you’re loading your own cash onto the card you’re not increasing your credit card debt. Outstanding balances on credit cards incur high interest charges from the date you make the transaction.
You also have the problem of varying foreign exchange rates when you use an Australian credit card to pay for things overseas. This can change the amount you thought you were spending, which makes budgeting more difficult.
By comparison, when you load cash onto your NAB Traveller Card you lock in your currency exchange rate. The funds will be available in a choice of up to 10 currencies, so you have access to local currency when you arrive at your destination. This also reduces the need to pay foreign exchange fees or to worry about unfavourable exchange rates.
You can choose from up to 10 currencies to store on your card. You load cash in Australian dollars while you’re here at home and convert it to the currency you intend to use once you reach your destination.
The currencies available for the NAB Traveller Card are:
- Australian Dollars (AUD)
- US Dollars (USD)
- British Pounds (GBP)
- Euros (EUR)
- New Zealand Dollars (NZD)
- Canadian Dollars (CAD)
- Singapore Dollars (SGD)
- Hong Kong Dollars (HKD)
- Japanese Yen (JPY)
- Thai Baht (THB)
Minimum and Maximum Loading Amounts
You’re only able to load Australian dollars onto your card at any NAB branch. You need to nominate which currencies you want your funds converted to at the time you load them.
The minimum amount you’re able to load at any time is $50 AUD, or the equivalent amount in other currencies.
If you’re loading cash onto your card at a branch, the maximum amount you’re able to load is $45,000 AUD, or the equivalent currency amount. Cash will be available almost immediately.
If you’re using BPAY to load funds onto your travel card, the maximum amount you can load is limited to $25,000 AUD. Your funds will be available usually in around two working days.
Reloading fees will apply every time you load cash onto your card. These are calculated at 0% of the transaction amount.
If you are planning a trip overseas and don’t want to worry about credit card fees, interest or currency conversion fees, the NAB Traveller Card should be on your comparison list.Back to top
|Available Currencies||AUD, CAD, EUR, GBP, HKD, JPY, NZD, SGD, THB, USD|
|Multiple Currencies on One Card||Yes|
|Number of Cards Issued||2|
|Minimum Load Amount||$50|
|Maximum Load Amount||$45,000|
|Maximum Annual Load Amount||$45,000|
|24 Hour ATM Cash Withdrawal Limit||$3,000|
|24 Hour POS Transaction Limit||$7,000|
|Initial Load Fee||$0|
|ATM Withdrawal Fee||$0 per withdrawal on international ATMs and $3.75 per withdrawal at any Australian ATMs|
|Monthly Inactivity Fee|
after 12 months inactivity
|Transaction Fee for Purchases||$0|
|Card Replacement Fee||$0|
|Currency Conversion Fee||4%|
|Negative Balance Fee||$0|
|Available To Temporary Residents||No|