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Commonwealth Bank Travel Money Card
Avoid avoid avoid
Went to Germany, which is a very cash orientated society.
The Maximum amount I was able to withdraw was 50 euros — very frustrating as you’re paying CBA $3.50 a pop plus another ATM fee on top of that. And the exchange rate isn’t exactly favourable.
Was good for eftpos though, but didn’t need that
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- 3 reviews
- 3 likes
Cannot Withdraw at ATM across multiple countries and banks
Fund withdrawal at ATM did not work across multiple countries including Finland, Germany, Netherlands, Belgium, and Singapore. Tap and Go payments were functional.
I attempted at multiple financial institutions within each country including but not limited to Otto, ING, Citi Bank, Deutsche Bank, DBS, UOB. Some private ATMs were also attempted, but also did not work.
ATM indicated "Wrong Pin". I also attempted adding '00' to the beginning or end of the pin no. as some have mentioned on product review, but did not work.
I attempted to reset pin ...
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- CurrencyEUR and SGD
Total robbery!
Travel card worked fine in Europe, but rates are a ripoff, indeed. However, they simply stole the money I had left from my last trip, without even notifying me. Dishonest to say the least.
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- CurrencyEUR
- 2 reviews
- 1 like
Commonwealth rate exchange is a rip-off
Their exchange rate is the worse in addition to their fees, you get the worse deal if you either selling or buying, they rip you off like a hand saw up and down.
I can't believe the difference between buying and selling is 10.4%.
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- CurrencyUSD
- Competitive Exchange Rate No
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- 2 reviews
- 3 likes
- Verified
Closed my account without contacting me or consent.
CBA closed this account without giving any forewarning. The have effectively stolen money from me. The bank isn't willing to give back MY foreign currency. AVOID using this product. Go for other options.
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- CurrencyAUD, CAD, CNY, EUR, GBP, HKD, NZD, SGD, THB and USD
- Competitive Exchange Rate No
Absolutely Amazing !!
I've just returned from a 2 month trip to Europe during the height of COVID19 and if wasn't for this card i wouldn't have been able to do so much stuff in the limited amount of time that i had. In addition to that it's awesome for online shopping since there's no minimum charge and the transfers are instant.
Love it !!
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Rip off exchange rates
Terrible product to have..worst possible rates you will get through banks. Always go for other options instead of banks..be mindful, banks are not there to help in need.. rather waiting for our ignorance and fill there fat pockets...
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- CurrencyUSD
- Competitive Exchange Rate No
Terrible card!!
Where do I start! The exchange rate was terrible, at least 4 cents less than other cards. There were several instances where I tried to transfer money on the card only to be given an error message saying that the travel card didn't exist. And finally on check out I tried to pay the bill using my travel card which had sufficient funds and it was declined. I spent almost an hour at reception trying to pay in $500 increments, half of which were declined. I tried to phone the number provided on my travel card info, which unfortunately was a general Commbank number and not a travel card hotline. Will not use it ever again!!!
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- CurrencyUSD
Horrible exchange rate.
Horrible exchange rate. Not competitive at all. While easy to use, and beneficial if going multiple countries, there are better options out there. Ie. I got an exchange rate of 71 yen when it was trading at 75.
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- Competitive Exchange Rate No
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Horrible dispute mechanism
While it is convenient to be able to pay without fees the exchange rate is horrible.
We used it in Switzerland, Euro counties and the Czech Republic. Loaded before going with $A and Euros.
We had 2 transactions turned down that are currently still “pending”. This was 26 and 24 days ago. Have had numerous emails and 4 telephone conversations and still not resolved. The service desk was answered on all but one occasion by operators who had heavy accents and were extremely difficult to understand as I assume I was to them.
Emails were answered 3-4 days later with a pleasant but irrelevant message instructing me to call them once again.
No ability to call using WiFi call made this difficult whilst overseas.
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Simple and effective
Strange to see so many poor reviews for this card - I have found it to be excellent through South America, Bali, Asia etc. I haven't had a single issue with it. Transferring funds is immediate on the app, and its nice and safe. Loading up with another currency, and withdrawing in that currency is a good idea to avoid extra fees.
I was only charged $3.50 for (ATM) cash withdrawals - pretty reasonable I thought. Beyond this card, its always good to have an international credit card (like 28 degrees) which can be used as back up.
you don't pay any transaction fee if you withdraw in the currency loaded on the card. I.e Load up with Euro, and withdraw in Euro and you will only pay with withdrawal fee.
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- 3 reviews
- 3 likes
No Problems at All
Having not travelled for 20 years I was not sure what the best option for money in Europe.
I finally decided on the CBA Money Card, glad I did as I had no issues at all.
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CHILE (Card won’t work)
In Chile, I was not able to use it to pay anything. The card will only work with just one ATM (Bank of Chile) which is difficult to find one
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- 2 reviews
- 2 likes
Absolute Theft
First of all i didnt want this card they CBA pushed it on me, said it would save me money that was a total lie the currency rate the give they is crap so make money there and then if tranfer the money back to its original currency they rip you off 20C in the dollar, i was not told of any of this when they pushed the card on me absolute thieves.
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- 9 reviews
- 12 likes
Virtually useless to a couple!
Went to a branch who said it was possible for my wife and I to get cards and link them. We have a joint account, joint home loan and joint credit card but in fact we cannot get a joint travel money card or even two seperate ones that are linked. Now I have to either give my wife cash or be with her 24/7 as the pin option on the card doesn't work 99% of the time and requires a signature! All in all pretty much useless to us!
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Questions & Answers
How do I renew my existing commonwealth travel money card online?
What is the limit per transaction and where do I get my pin for using the card overseas
I have aa Australian CBA travel card to use in Thailand with a 4 number pin I have been told that I will have trouble using the travel card as Thailand uses 6 number pin anyone know if this is correct I rang CBA and they said to add 00 on the end of my pin number
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Details
Category | Travel Money Cards & Currency Exchanges |
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