Prepaid Credit Cards from Australia Post

Posted March 28th, 2010 and last modified October 18th, 2013

The Load&Go Reloadable Visa Prepaid Card

Having a conventional credit card has it’s advantages, but staying in control of the amount of debt you incur can often be tricky. Now there is a great solution available which allows you to have all the benefits of a credit card, without having to worry about all the normal baggage that comes with them.

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Introducing the Load&Go Reloadable Visa Prepaid Credit card!

This clever innovation allows you to use the Load&Go as you would a normal credit card, for example making retail purchases, or booking concert tickets online. The difference is that you top-up the card with whatever you can afford, and it will only allow you to spend what is actually available on the card.

It means the end of having to worry about running up high debts you have no chance of paying, or getting caught out by charges when you accidentally go over your limit. The great thing is, with prepaid credit cards, you are able to do everything you normally would with a normal credit card.

Nowadays most people do their shopping online, which of course without access to a credit card you could not do. Not only that but by using prepaid credit cards to make these online purchases, you do not have to worry about your bank details ending up in the wrong hands. They also provide a very useful way of parents being able to teach their offspring about being responsible with money, without the fear of a massive bill dropping through the mailbox!

Getting hold of one of these prepaid credit cards is made very simple too. All you have to do is to go into any participating Australia Post outlet, buy a starter pack, and once you have followed the steps to activate your card, you could be ready to spend within 24 hours!

Then when you want to top up your card all you need to do is buy a reload card from Australia Post. These are available in the sums of $50, $100, $250, or $500 making keeping track of your spending couldn’t be easier.

With spiraling costs, having one of these cards makes so much sense. It takes away all the worry of debt, rising interest rates, and takes away the temptation to overspend. You can never go over you limit as once the money has gone, you cannot spend any more until you reload.

Fees

There are no reloading fees or monthly fees associated with the Load&Go Reloadable Visa Prepaid Card, but there are a number of other charges you should know of.

  • On sign-up, the card purchase price is $6.95, although when applying for this product for the first time a mandatory initial load of $20 is also required, bringing the total initial price to $26.95. After this, the card can be reloaded as often is as needed provided it is over a minimum of $20, and under the maximum balance of $999.
  • When a transaction is made or cash is withdrawn there is a fee of $0.09, and this is capped at $0.99 per calendar month. If the card is lost , cancelled or reissued there is a $15 fee.
  • There’s also a fee of 3% of the transaction for any transactions made outside of Australia.
  • To manage the balance of the card via telephone or SMS there are also fees. This is $4.00 via the call centre, $0.50 via the automated voice recognition service and $0.25 charged per SMS.
  • If a transaction is disputed on this card a fee of $20 is payable if the transaction is found to be authorised.
  • Finally, a new card is issued to cardholders on expiry provided your details are registered with Australia Post. If the card expires and is not registered, a $1 daily fee will be charged until claimed.

A prepaid credit card really is a great way to keep your debts down, whilst still having the freedom to do all those things you couldn’t do without a credit card in your wallet, and the Load&Go Reloadable Visa Prepaid Credit Card is a great example of this.

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23 Responses to Prepaid Credit Cards from Australia Post

  1. Default Gravatar
    Mich | September 23, 2014

    What do you mean if the card expires and if not registered right away you get to pay $1 everyday? Until you register them or renew your card? What if you don’t want to register it or renew a new one?

    • Staff
      Shirley | September 23, 2014

      Hi Mich,

      Thanks for your question.

      If you have unclaimed funds on an expired card, then $1 per month is charged until there is a zero balance or the funds are claimed.

      Hope this clears things up,
      Shirley

  2. Default Gravatar
    allan | July 31, 2014

    can you use a aussiepost prepaid card on dating sites

    • Staff
      Shirley | August 1, 2014

      Hi Allan,

      You can use your Load&Go card anywhere Visa is accepted. If the dating site accepts Visa, you should be able to use it.

      Cheers,
      Shirley

    • Default Gravatar
      | August 1, 2014

      hi shirley,thank you,the card is working fine now.

  3. Default Gravatar
    Solomon | June 15, 2014

    Since I’m 13 can I just bring my student ID , and do I need to go with a parent

    • Staff
      Shirley | June 16, 2014

      Hi Solomon,

      Thanks for your question.

      There’s nothing in the terms and conditions that state an age minimum, so you may be eligible.

      You can try applying for the card online first to see if you’re successful.

      Cheers,
      Shirley

  4. Default Gravatar
    Delys | April 16, 2014

    Why will you not prosses my request for my balance when i have put in the right card Number?

    • Staff
      Shirley | April 17, 2014

      Hi Delys,

      Thanks for your question.

      Creditcardfinder.com.au is a comparison service, so we don’t handle any of the products.

      For all technical and product related enquiries, please contact Australia Post directly.

      Cheers,
      Shirley

  5. Default Gravatar
    sue | January 1, 2014

    I want to find out how much is left on my load and go card can you help me?

    • Staff
      Jacob | January 2, 2014

      Hi Sue.

      Thanks for your question.

      If you would like to check the balance of your Load and Go Card, please log onto the online portal through the Australia Post website. You will need a username, an access code and a password. You can register your card for online use through the Australia Post Load and Go website.

      I hope this helps.

  6. Default Gravatar
    Jan | September 2, 2013

    I have been trying to find how to access my Load&Go visa card balance and am having no luck. Can you please advise how I may be able to do so. Please put it in very simple terms step by step as I am not very technically minded. Many thanks.

    • Staff
      Jacob | September 3, 2013

      Hi Jan.

      To check your balance online you will need to register your card on the Load&Go website.

      Head to the Australia Post Load&Go Reloadable Visa website. Follow the prompt that says ‘register your card’ and enter your Card Number, CVV and Access Code and press continue. You will be prompted to enter further details and you’ll be asked to come up with security information to identify you in the future.

      Once you’ve done this, you’ll be able to log into the Load&Go website where you’ll be able to check the card’s balance and view recent transaction history.

      Thanks for your question.

  7. Default Gravatar
    lorri | August 30, 2013

    Hi, I purchased a load&go card today, and I am having trouble finding how to register it online have tried what women told me, but it won’t except it, but I think maybe I should be putting in valued cardholder somewhere?

    • Default Gravatar
      lorri | August 30, 2013

      Worked it out it was already to go, I was trying to re-register, oops.

  8. Default Gravatar
    Patrick | July 20, 2013

    Can the card be reloaded online and what are the other options besides paypal? And is the money available straight away or is there a waiting time for funds to go through?

    • Staff
      Jacob | July 21, 2013

      Hi Patrick. Funds can be loaded onto the card a number of ways. You can transfer from your online banking account, you can reload through ‘POSTbillpay’. If you use ‘POSTbillpay’ the funds will be available for immediate use. If transfer funds to the card through online banking, the funds can take up to two business days before they are available to use on the card. Thanks for your question. Jacob.

  9. Default Gravatar
    Sue | June 9, 2013

    How can I find out the balance on my card?

    • Staff
      Jacob | June 10, 2013

      Hi Sue. Thanks for the question. The name of a website should be printed on the back of your card, check this site to find out the balance of your card. Jacob.

  10. Default Gravatar
    Kim | February 3, 2012

    Is there an age requirement to get the prepaid credit card from Australia post?

    • Staff
      Jeremy | March 5, 2012

      Hi,

      There are no age limits with these cards; however, you will have to be able to provide identification. Thanks.

      Cheers,
      Jeremy

    • Default Gravatar
      | June 5, 2013

      What I.D do you need to supply?

    • Staff
      Jacob | June 5, 2013

      Hi Jennifer. You can purchase these cards online or in person. You only need to provide your name, a mobile number and your date of birth to buy one of these cards. Jacob.

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