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Velocity Global Wallet

Velocity Global Wallet (page 2 of 5)

1.7 from 82 reviews

Reviews

(8)
(3)
(4)
(9)
(58)
  • Transparency
    1.5 (19)
  • Competitive Exchange Rate Yes (0) · No (19)

Scam at best!!!

published

This is by far the worst thing you could do when you travel. Their exchange rates are very high and so you loose a heap of money every time to buy something or buy currency. Customer service does not exist, and there are fees. If you are in need of burning your money, this is the best way.

Transparency
CurrencyEUR and USD
Competitive Exchange Rate No
Vicky W.

Vicky W.South West, WA

Dont touch with a barge pole !!!

published

I would give zero stars if I could .Our card got hacked $3000 gone our spending holiday money, gone via 30 transactions overnght.. there lack of customer care is pathetic . We still have 3 transactions pending ( pending for last 4 days ) and have to wait for them to clear before we can put in a dispute .what angers me is why wasn't the card blocked as so many transactions in a short time ..its rubbish . We will get our money back !!! . But I will advise anyone dont go near this card . The money was for a holiday for my 50th . Thanks to global wallet We have to use our credit cards. .. absolutely disgusted.

CurrencyGBP
T.M

T.MSouth East Queensland, QLD

  • 2 reviews

Won't provide statements, keep blocking card, the worst "service"

published

Global Wallet will not provide transaction history statements. We've spent hours on the phone, emails, made complaints to the afca and still no statements. Worst "service", ripoff products, keepblockingcard, beware!

Competitive Exchange Rate No
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OGG

OGGSouth East Queensland, QLD

Absolutely terrible their customer support team can't seem to provide a basic statement after five days.

published

Attempted to obtain a statement from their team. Multiple emails and phone calls later no luck. They keep missing self imposed deadlines to catch me back. Terrible customer service. Would not recommend.

trebor

treborGreater Melbourne (Metropolitan), VIC

After loading funds the balance dropped considerably

published

I loaded 593 Aussie dollars while in Australia for a trip to Europe in a month. The issue is that our last trip was to the US and the default global wallet currency was in US dollars. needless to say 8 hours after the funds were loaded,I now only have 536 Aussie dollars after the funds went from US back to Aussie dollars!!! we haven't left the house!!! The "Team" at the end of the phone told me nothing could be done. The lesson to be learned is to check the default currency in your wallet. They are happy to take your money so be aware of the seemingly irreversible transaction.

CurrencyAUD
Competitive Exchange Rate No
Bob G

Bob G

  • 2 reviews

Avoid at all costs in regard to exchanging international currency.

published

They entice you with Velocity Points but it is a scam. Wife and I exchanged AUS$5000 each into Euros. We both now have -$4600 each & haven’t even gone OS yet!!

Competitive Exchange Rate No
trompfy

trompfyGreater Melbourne (Outer), VIC

  • 158 reviews
  • 3 likes

The best way to use your money

published

I loaded some money into my Velocity Global Wallet Account several times and I find it easy to use my Visa Card that is linked to my card because I can buy things easily without having to worry about getting my money pinched also it is excellent if you want to travel overseas.

Mikef50

Mikef50Sydney, NSW

  • 75 reviews
  • 1 like

Rip Off with Excess Fees...fastest way to waste your holiday money

published
CurrencyUSD
Competitive Exchange Rate No
F Nutz

F NutzGreater Melbourne (Outer), VIC

  • 2 reviews

Better card available elsewhere.

published

I only got this card because of the BP partnership.
Was free when I started then they introduced a $1.95mth inactive fee.
I now have NO balance left as I evidently don’t use my card yet I get ALL my fuel from BP.

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Absolute rip off fees

published

Conversion fees are ludicrous. Do not order this card. Traveled to South Africa and lost 10% of my money in currency conversion fees! The fees described are very misleading. They make it sound like there will be no conversion fees. You'd be better off just using your every day Australian bank card.

CurrencyZAR
Competitive Exchange Rate No
pseude

pseudeSydney, NSW

  • 3 reviews

This card has security issues apart from other problems

published

I started using this card with high expectations. Soon got to know that it takes days on end for money to be transferred. I'm not even going to go into exchange rates. Then on a visit overseas, the card was swallowed up by an ATM. The replacement card took over a month to arrive. Once it arrived, I found out that someone else was trying to use the card number for some shopping. So absolute crap it is. I would never use it anywhere.

CurrencyHKD
Competitive Exchange Rate No
Sabes

SabesAdelaide

  • 2 reviews

So slow

published

So I had a limit on my card to how much funds were on it. Instead of the money I tried to transfer bouncing back into my other account they held onto it for years instead of transferring it back with calls and emails in betweeen. Terrible customer service. Cancelled card. Will never use.

Jasmine

JasmineMelbourne

  • 8 reviews

Best prepaid multi currency card on the market!

published
Clinton

ClintonHilbert

  • 21 reviews
  • 1 like

Very slow to add funds

published

I transferred money to my Global Card. 4 days later it shows in the account as pending but not in my wallet. I am unable to use the money as yet. I dont Understand why my money is pending rather than usable in account.

1 comment
Clinton
Clinton
Susie

Susie

  • 2 reviews

Unable to rectify errors made by sellers

published

Hotel in Ireland put a hold on 220 euros. Visa/GlobalWallet held 465 euros. After we checked out, the hotel released their hold but GW said Visa was holding the 465 for a month & there was nothing they could do. By the time it is released we will be home & have to pay a reconversion. Terrible service & buck-passing by Global Wallet. Hotels have advised us lots of problems with Visa.

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Fairymnster

Fairymnster

  • 2 reviews
  • 3 likes

Awesome low fee prepaid card

published

I use this card for purchasing goods from the likes of aliexpress and amazon who dont accept paypal. I like the fact that my own hard earned money is protected in the event these details get stolen. Its free to transfer money in ( just like sending someone some money and its relatively quick ( except on weekends)) I have never had to use customer service so i cant comment on that. but for the convenience, security and lack of fees for everything i use it for I'm happy. If you wanna pay $6 to buy one for auspost and then get charged a fee for every transaction go ahead. Butnfor what i want this is fine!

Lost $89 instantly

published

This is a scam..Thanks Virgin I loaded up $900 and lost $89 instantly... Do not use this product!!! I will never use this product again very disappointed. Called the help desk and they were not helpful at all!! Way to treat a gold member Virgin

Kelsi

KelsiPerth

Horrible Experience

published

After calling up to discuss the details of the card while I was looking at different travel cards, I had someone talk me in to ordering one however they did not explain that they do not have the same conversion rate as pretty much every other bank and travel card in Australia. I lost $400 transferring money from NZ to AUD because the exchange rate was so much lower than everywhere else and they would not advise who they use to manage their rates and how to track how much the exchange rate has moved in the past. VERY unhappy and would never use again.

Tim

TimSydney

Custome service

published

2 months, multiple calls and emails worked out why my account was locked, sent them required documents, 2 weeks no response, checked my account and it was unlocked, transferred money out, gooooodddddd byyyyyyyy.
Also, you can reduce fees and still make points by only spending money in Aus (if your from Aus).
Don’t use the card overseas, it’s a rip off.

MAGGIE007

MAGGIE007AU

  • 3 reviews
  • 2 likes

This worked fine for me

published

used this in USA and Canada with no problems. Did not use at ATM only used to purchase goods with no problems. Accepted all restaurants and shops no problem. App was updated and email confirmations received. I did not need to use customer service at all. I know there are associated fees but I thought it was reasonable for the convenience.

Page 2 of 5

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Questions & Answers

Mitch

Mitchasked

My fault, I mistakenly transferred over the limit and now my $2000 is in limbo. Transferred through BPay.
How long should I expect to get the money back as apparently global wallet won't accept the transaction.

No answers
David H.

David H.asked

HOW DO I TOP UPY ACCOUNT BALANCE?

1 answer
Big guy Dave
Big guy Dave

My suggestionis to phone velocity and let them explain the step by step process as it's not legal for me to give such advice as the Velocity card deals with money.
Im sorry I could not help you further

Garry Ludwig

Garry Ludwigasked

i am trying to load my card but all i get is bad gate 502

1 answer
lindalee
lindalee

I would give up. Honestly, it is more trouble than its worth. I did it because my partner went to the UK, we could also earn extra points, but all it did was cause hassles. Then they blocked the card for no reason, leaving my partner unable to use the card. By all means, keep trying, but I would give up now.

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