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Commonwealth Bank Travel Money Card

Commonwealth Bank Travel Money Card (page 2 of 2)

1.8 from 292 reviews · View Statistics

Reviews

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    2.3 (3)
  • Competitive Exchange Rate Yes (1) · No (2)
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Terrible exchange rate but was widely accepted

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Not happy jan

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Waste of time and money

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I have just got back from visiting 4 countrys over 6 weeks.So I used this card frequently.I was told by Cba in Perth there we're no fees and it was set up to go. How ever when I went to reload the card I was asked for a SMS code,now travelling through 4 countrys I don't carry my Australian number,so had to call Australia on 4 occasions.From S.Africa,Egypt,and Turkey to reload.Now these Phone calls weren't cheap and I also got charged to reload and redraw money....No Fees yeah right!and their exchange rates are terrible compared to if you changed cash for foreign currency.
the withdrawal fee is cheaper than you normal bank card
Everything you are led to believe was false

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Will probably not use this again

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CBA user October 2012

CBA user October 2012Sydney

  • 2 reviews
  • 1 like

Great idea, but not as smart a card as advertised

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Never again CBA

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Bad

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DilligafX3

DilligafX3

  • 2 reviews
  • 3 likes

No help

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This is a disgrace!

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1 comment
Jamessu
Jamessu

I'm not sure whether you realise this, but you reloaded it as a BPay. If you've ever done a BPay before, you will know it takes 2-3 business days. Good luck paying your bills on the day that they're due.

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eddiedunlop

eddiedunlopAU

  • 2 reviews
  • 3 likes

Bad

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Find something better

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Their spiel "Access your own money wherever MasterCard is accepted" your money is not always easy to access. Works at most places when used to purchase goods - not all! Not at supermarkets in Vienna. Sounds to good to be true - it is!
No bank fees charged if card is inactive after 12 months. No bank fee for cross-currency conversions but expect an very low exchange rate!
Too costly to get back unused funds. ATM withdrawal limits were quite low and never encountered an ATM that paid out the max. allowed per day. Can't be linked to PayPal because there's no name on it. Transaction records older than a few months cannot be accessed online or even by the CTB!

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Bad

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Page 2 of 2
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Questions & Answers

Javeria H.

Javeria H.asked

can we transfer money overseas (India) through travel money card by using money gram.

No answers
Kit Sheung Lai

Kit Sheung Laiasked

How to renew my travel money card with commonwealth bank while I’m overseas ? Do I have to be physically present in Australia in order to renew it? Is there any other way to renew it while I’m overseas?

1 answer
Dorothy
Dorothy

Hi Kit. Check out all the reviews before you renew the card.

Noelia P.

Noelia P.asked

Hi, the card was used to withdraw $100 USD from an ATM in Walmart in Kentucky USA. Was charge $2.50USD by the Commonwealth , but then charged an additional $18.36 USD. So a $100USD withdrawl cost $20.86USD , About $30 AUS. Is this right? How do we avoid this.

1 answer
John
John

It was probably a private ATM. Always use recognized banks. I would suggest only withdrawing when you need cash and don’t do this often. Use the cash card to pay for as many of your transactions as possible as there is no fee for payments.

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Details

CategoryTravel Money Cards & Currency Exchanges
Release dateNov 2009

Visit official website

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