Even frequent travellers can be bamboozled by foreign exchange, especially when it comes to juggling buy & sell rates and commissions. Fortunately it can be very simple and you can skip the queues, secure great exchange rates and not pay commission charges by ordering your travel money in ad...
POSTED 15 Jun, 2016 0 Comments
Macquarie Bank customers spending their cash abroad will soon pay no international transaction fees when whipping out their Macquarie debit card. Come July 14 2016, the bank’s current 2.5% international transaction fee will disappear for Macquarie Platinum Transaction Account, Macquarie Tr...
POSTED 24 May, 2016 6 Comments
Exchanging money remains one of the necessary evils of international travel – even if you use your credit card for most purchases, you’ll often still need cash for smaller transactions such as taxi fares and payments for visas on arrival or airport taxes on departure in certain countr...
POSTED 19 May, 2015 13 Comments
Credit cards are often the easiest way to spend your hard-earned abroad, but cash is still king in many countries for smaller payments such as taxi fares, market shopping and even that first cup of coffee after you arrive. Yet withdrawing foreign currency from an overseas ATM can trigger a barra...
POSTED 22 Apr, 2015 25 Comments
It's never to late to pick up some new tricks to streamline your business travel. Here are five of our favourites. Ditch hotel Internet for 3G mobile broadband Most Australian hotels charge upwards of $20 per day for in-room Internet access. Stay for just three nights per month and you may as w...
POSTED 8 Nov, 2012 3 Comments
It’s a nearly unavoidable part of the hotel check-in ritual: show your ID, sign the paperwork and then hand over your credit card as an advance against ‘incidentals’ – those one-off expenses ranging from a late-night attack on the minibar to dry cleaning and room service.A...
POSTED 26 Sep, 2012 8 Comments
Travellers are increasingly warming to prepaid travel money cards as the next best thing to carrying cash. Travel money cards such as the well-known Travelex Cash Passport and the relatively new American Express Global Travel Card combine the convenience of credit cards with the simplicity ...
POSTED 15 Mar, 2012 23 Comments
Savvy travellers know that an airport is pretty much the last place you’d want to swap Aussie dollars for foreign currency. Those Travelex kiosks not only have the worst rates around town, they also hit you with the steepest commission. Yet ironically, ordering your currency onli...
POSTED 2 Dec, 2011 2 Comments
If you're heading overseas and you're keen to avoid using your own credit and debit cards (due to high fees from Australian banks, and the risk of fraud), you might be wondering whether cash exchange or prepaid travel money cards is the best option. Value for money Generally speaking, prepaid t...
POSTED 3 Jun, 2011 1 Comment
Prepaid travel money cards are the hot new ticket for travellers, but how do they stack up against the credit card or debit card you're already carrying? As is so often the case, the answer is "it depends". Travel money cards If you're going to transfer enough money for your whole trip on...
POSTED 30 May, 2011 3 Comments
Heading overseas and wondering what the most cost-effective way to take money with you is? The most popular ways to do it are with your current credit/debit card in overseas ATMs, prepaid travel money cards, and foreign cash exchange, so we've analysed them to find which provides the best value....
POSTED 3 May, 2011 0 Comments
A little-known credit card, "28 degrees", by GE Finance, is a fantastic card for travellers -- it offers foreign transactions with no surcharges. It's unique on the Australian market -- the only credit card offering foreign purchases and ATM cash withdrawals at the MasterCard wholesale exchange ...
POSTED 14 Apr, 2011 10 Comments
With the Australian dollar hitting all-time high of US$1.05 against the US dollar overnight, it looks like a great time to stock up on spending money ahead of any forthcoming trips to the US. We've seen some great above-parity blips this year but this is also the first time that currency exchang...
POSTED 8 Apr, 2011 0 Comments
Currency exchange firm Travelex has launched an iPhone app for travellers, targeted at users of its Cash Passport preloaded currency card. The main feature is that the app gives you the correct BPAY details to make a bank transfer to reload your card with more value. You enter your Cash Passp...
POSTED 5 Apr, 2011 1 Comment
In a belated Christmas gift for business travellers and other frequent flyers the Australian dollar has surged to record highs against the US dollar and the Euro while retaining its strength against the UK pound and the New Zealand dollar. The Aussie shot well past the Holy Grail of greenback pa...
POSTED 30 Dec, 2010 0 Comments
Heading overseas soon? Buying foreign currency from the wrong place could cost you as much as a dinner for two at a good restaurant. An investigation by Australian Business Traveller shows that unwary travellers can end up paying more than $200 extra if you swap Australian dollars for overseas cu...
POSTED 24 Nov, 2010 11 Comments
American Express is releasing its own pre-paid travel card this week with travellers able to load the card up in US dollars, UK pounds and Euros and reload as often as needed. Dubbed the American Express GlobalTravel Card, it can be used online and to withdraw funds from overseas ATMs, and also ...
POSTED 1 Nov, 2010 0 Comments
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