CBA Travel Money Card Guide for Jetsetters

Traveling the world is an enriching experience, but managing funds can often become a headache for travelers. If you're a globetrotter looking to have a hassle-free trip with an easy way to manage your finances, a Travel Money Card offered by Commonwealth Bank of Australia (CBA) might just be what you need. This guide will provide you with essential information on CBA's Travel Money Cards, helping you make the most of your global adventures.

What is a CBA Travel Money Card?

A CBA Travel Money Card is a prepaid card that allows you to load and carry multiple currencies on a single card. It's designed for jetsetters who want to manage their travel funds with ease and security. This card can be used to make purchases at millions of locations worldwide wherever Mastercard is accepted, as well as to withdraw money from ATMs.

Features and Benefits of CBA Travel Money Card

• Multiple Currencies: The CBA Travel Money Card lets you carry up to 13 foreign currencies at once. This includes major currencies such as USD, EUR, GBP, NZD, CAD, JPY, and more.

• Lock-in Exchange Rates: You have the option to lock in exchange rates before you travel, which can protect you from fluctuations and gives you control over your budget.

• Easy to Reload: You can reload your card online, over the phone, or at any CBA branch, making it simple to add funds while you're abroad.

• Emergency Access: In case of a lost or stolen card, CBA provides 24/7 global customer support and can arrange emergency cash access to your funds.

• Security: The Travel Money Card is chip and PIN protected and isn't linked to your bank account, reducing the risk of fraud.

• Card App & Online Banking: Check your balance, transfer between currencies, track your spending, and reload your card using the CommBank app or NetBank online banking.

How to Get and Use Your CBA Travel Money Card

1. Apply for the Card: You can apply for a CBA Travel Money Card online, via the CommBank app, or at a local branch. A card issuance fee may apply.

2. Load Your Card: Once your card is activated, you can load it with Australian dollars and convert the funds into the supported currencies of your choice.

3. Spend or Withdraw Funds: Use your CBA Travel Money Card like any other card to make purchases or withdraw cash from ATMs.

4. Reload if Necessary: Your travel fund is running low. Reload your card through various easy options provided by CBA.

5. Coming Back: Upon returning to Australia, if there are any funds left on your card, you can keep them for your next trip, convert them back into Australian dollars, or transfer them to a CBA account.

Fees and Charges

Be aware of the potential fees and charges associated with the CBA Travel Money Card:

• Initial Load Fee: A fee for the initial load of funds onto the card may apply.

• Reload Fees: A fee may be charged each time you reload your card.

• Currency Conversion Fee: If you make transactions in a currency not loaded on the card, a conversion fee will apply.

• ATM Withdrawal Fees: Fees may apply for international ATM withdrawals, and additional fees may be imposed by ATM operators.

• Inactivity Fee: If the card is not used for a period of time, an inactivity fee may be charged.

Conclusion

For jetsetters who seek convenience and security while traveling, the CBA Travel Money Card is an excellent financial companion. With the ability to hold multiple currencies, lock in rates, and enjoy the global acceptance of Mastercard, it takes the stress out of managing your money on the go. Just be sure to consider the fees and charges to ensure that this card fits your travel budget and needs. Safe travels!