Australia post load&go or Qantas Cash

[Mumfreqflyer]

Hi all!

So I'm off to the USA in 1.5 weeks and I'm thinking of getting a travel card. Usually I just use my travel account with visa debit card which I have specially for travelling and then use my credit card but the fee to withdraw cash plus the currency conversion fees make it quite $$$....

Aus post load and go has the rate of .842 and qantas cash is .83. Current official aud to usd rate is .87 so the load&go and qantas cash rates aren't that bad considering I have to pay a 3% conversion and if the official rate drops then it makes it worse....

Which one would you go with? I'm probably looking at around $2000/$3000 personal spend on it, the rest will be put in a work credit card.

 

[markis10]

Have you looked at the Citibank Plus Visa Debit, you might be able to get one in time and the savings are significant.

 

[Mumfreqflyer]

Do you think it would arrive in time? Leaving wed week.....

 

[Mumfreqflyer]

So it's only a 2.5% transaction fee then?

 

[markis10]

Citibank Pus has not fees for purchases or cash withdrawals through Citi ATMs, so you get close to midmarket rates as you might see on XE.com, I would apply ASAP, if it does not arrive you have not lost anything.

 

[Mumfreqflyer]

Excellent! Thanks I'll apply tonight

 

[serfty]

I would suggest priming the Qantas cash as a backup - bad rates as you indicate but at least it gets 1 point per $ for foreign spend.

 

[opusman]

I would be careful with an Australia Post product. Never tried the travel card, but the regular prepaid Visa that they sell has serious problems. I ended up with a $100 one that wasn't needed so tried to spend it on day-to-day stuff and found it would hardly ever work - in most shops it would just be rejected.