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...]
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.
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...]
This week a member recounts how they fell victim to a cunning scam while exchanging money in a popular overseas tourist destination. They estimate that 40% of their cash was lost in the bizarre experience. Deciding to take advantage of a good exchange rate, this member visited a small currency exchange office located “down a small alley”. Although a sharp eye was kept on the … [Read more...]
Ever been offered the opportunity to pay in Australian dollars while shopping overseas or on a foreign website? Chances are, you’ve been exposed to “dynamic currency conversion”. You might think that the merchant is doing you a favour by converting the price to your native currency, but the reality is that they’re probably ripping you off! It may sound good, but dynamic … [Read more...]