Accessing your money while travelling is an essential part of the journey. On Australian Frequent Flyer, you can find our best tips and tricks for using your cash overseas below.
Another Australian bank has announced it is waiving foreign transaction and overseas ATM withdrawal fees. As a result, the UBank USaver Ultra transaction account is now a competitive alternative to the Citibank Plus transaction account and a worthwhile option for travellers to consider. The Citibank Plus transaction account has been extremely popular with overseas travellers … Continued
If you have a Qantas Frequent Flyer card, chances are that you also have a Qantas Cash card. This is the debit card on the back of your frequent flyer membership card. The airline advertises Qantas Cash as a “travel money” card, but is it a viable option as an everyday banking card to use … Continued
If you’ve ever travelled overseas or bought something online, chances are you’ve bought something in a foreign currency. But most credit cards charge high fees for international transactions. Obtaining cash in a foreign currency can also be expensive, with banks charging large commissions and high margins. But did you know that you can save hundreds … Continued
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 … Continued
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 … Continued
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 … Continued
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 … Continued
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 … Continued
If you’re a first time traveller to America, chances are you will not be prepared for the tipping culture. Thanks to a lack of a standard minimum wage, tipping for many employees is the bulk portion of their wages. As a result, a wad of $1 bills is almost a necessity, no doubt also helping … Continued
With August 1 being D Day for credit cards to lose their signatures, there has been some speculation that we are finally entering the cashless era. Technologies such as Paywave etc. allow transactions that are quick and easy negating the need for cash. But we all need to keep those cards somewhere. Throw in the … Continued
When Qantas launched Qantas Cash last year, it quickly got the attention of our members. That attention has been both positive and negative. While our members like the ability to earn points through their own funds, getting those funds onto the card has proved to be an onerous exercise. The quickest I’ve experienced is 48 … Continued
