Looking to travel internationally but worried about getting stung by hidden fees? The right travel card can make all the difference in your journey. We’ve analyzed three top options for Australian travelers – Up Bank, Revolut, and Wise – to help you choose the best card for your overseas adventures.
Key Insights:
- Up Bank stands out with unlimited fee-free ATM withdrawals worldwide
- Revolut’s multi-currency features make it ideal for frequent travelers
- Wise offers competitive rates for international money transfers
Up Bank: Best for Most Australian Travelers
Up Bank has earned its reputation as a leading travel card option. Here’s what you need to know:
Advantages:
- Zero International Transaction Fees: Shop anywhere without hidden charges
- Unlimited Free ATM Withdrawals: Access your money worldwide without fees
- Intuitive App Interface: Track spending in AUD and local currency instantly
- Mid-Market Exchange Rates: Get fair currency conversion rates
Limitations:
- AUD account only – no multi-currency options available
Start your fee-free journey with Up Bank and receive a $20 welcome bonus!
Revolut: Ideal for Multi-Currency Needs
Revolut offers comprehensive features for international banking:
Advantages:
- Hold and exchange multiple currencies
- Advanced budgeting tools
- Free spending up to $9,000 monthly
- Competitive exchange rates
Limitations:
- 2% fee on ATM withdrawals over $350 monthly
- 2% fee on transactions over $9,000 monthly
Explore Revolut’s multi-currency features
Wise: The International Transfer Specialist
Wise excels in international money transfers with these features:
Advantages:
- Mid-market exchange rates
- Borderless account for multiple currencies
- Competitive international transfer fees
Limitations:
- $10 fee for physical card
- 1.75% fee on ATM withdrawals over $350 monthly
Learn more about Wise’s international services
Detailed Comparison: Up vs Revolut vs Wise
| Feature | Up Bank | Revolut | Wise |
|---|---|---|---|
| International Transaction Fees | 0% | Free up to $9,000, then 2% | From 0.43% |
| ATM Withdrawal Fees | Free (unlimited) | Free up to $350/month, then 2% | Free up to $350/month, then 1.75% |
| Monthly Fee | $0 | $0 | $0 |
| Physical Card Fee | $0 | $0 | $10 |
| Google/Apple Pay | Yes | Yes | Yes |
| Exchange Rate | Mid-Market | Mid-Market (weekend markups apply) | Mid-Market |
Which Card Best Suits Your Needs?
- Choose Up Bank if: You want a straightforward, fee-free card for international travel with unlimited ATM withdrawals and no hidden charges.
- Choose Revolut if: You frequently deal with multiple currencies and value advanced budgeting tools.
- Choose Wise if: You regularly send or receive international payments and need local bank details in multiple countries.
Frequently Asked Questions
Q: Can I use these cards worldwide?
Yes, all three cards can be used internationally wherever Mastercard/Visa is accepted.
Q: Do I need to notify these providers before traveling?
While not always required, it’s good practice to inform your card provider of your travel plans through their respective apps.
Q: Can I hold multiple travel cards?
Yes, you can have multiple travel cards to take advantage of different features and as backup options.
Ready to start saving on international fees? Sign up for Up Bank today and claim your $20 welcome bonus!
Remember to always read the current terms and conditions before applying, as card features and fees may change over time.
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