Travellers to India this month were stung by the sudden demonetisation of certain banknotes. Indian Prime Minister Narendra Modi gave very little notice of the change, resulting in a cash rush at bank branches and ATMs within the country. The 500 and 1000 rupee notes were a common target of forgers. Replacing them will be a new 500 and 2000 rupee note that will be harder to … [Read more...]
Travel Money is a popular topic at the Australian Frequent Flyer. We provide tips, tricks and chat about the most convenient and cost-effective ways to obtain foreign exchange for your travels.
Credit cards is one way to get foreign currency. Read our guide on how to take advantage of Credit Card Sign-up Bonuses and you might get extra points at no extra cost.
When travelling overseas, you'll need to obtain foreign currency. This week our members reveal the best ways to get a great rate and save money in the process! If you prefer to change cash in Australia, it's best to avoid the major banks. Instead, smaller outlets that specialise in foreign exchange can often give you a better rate. One outlet recommended by a number of … [Read more...]
If you travel overseas or shop online regularly, a credit card with no foreign transaction fees can save you hundreds or even thousands of dollars! Most credit cards charge fees of between 3% and 4% on overseas purchases. But there are a small handful of cards that don't, making them perfect for frequent travellers. The 28 Degrees MasterCard and Bankwest Zero Platinum credit … [Read more...]
Ahead of a trip to Tokyo, one member seeks some practical advice on the best place to exchange money and acquire Japanese Yen. Japan is a little bit different to many other countries in the sense that many businesses there will not accept overseas credit cards. Further, many ATMs do not allow holders of non-Japanese bank cards to withdraw cash. So, a little bit of … [Read more...]
There is a wide range of different travel money cards, credit cards and debit cards that can be used overseas. But not all cards were created equal, and some offer significantly better value than others. Prepaid travel money cards are growing in popularity. The main benefit of these cards is the ability to pre-load foreign currency at locked-in exchange rates. With the … [Read more...]