If you have ever travelled overseas before, you know that you will get slammed with both ATM fees and international banking fees. These add up, we know because we have spent a long time using the wrong bank card and have lost probably $1000+ just from this!
THIS IS FOR AUSTRALIAN RESIDENTS AS OF 2019
You might think, oh my bank gave me a Travel Card.We found our everyday Debit card to be pretty similar costs of a Travel Card.
After a lot of research and already using multiple banks. There is only one card you could possible need and that is the ING Orange Everyday Card.
We have used this card for 8 months and so far we have saved $900 that is an extra month of travel in some countries!
HOW IT WORKS
You must deposit at least $1000 per month from an external bank account.
Um easy! We use our card as a couple and can easily transfer this amount as we are travelling fulltime.
Make at least 5 purchases using the card.
For us we use cash whilst travelling and a purchase does not include atm withdrawals. So we just try to pay for our groceries at the big supermarkets on card whilst travelling less developed countries. However, in more developed countries like the USA and Europe this means no carrying cash and paying all on your card just like you would at home!
Do these two things during the current month and it apply to the next calendar month.
For Example; if your trip begins in February. In January, deposit the $1000 and make 5 purchase on the card and then in the month of February your rebates will begin.
100% rebate of all International ATM withdrawal fees and ATM fees.
100% rebate of all International transaction fees!
Now you have returned from your overseas trip, you can still continue to use your card!
You will still have to deposit $1000 into this card monthly (like your income) and still use it 5 times (which is easy within Australia) and will receive back all ATM fees plus will not have to pay any account keeping fees etc.