Enjoy your overseas trips without the sting of high ATM withdrawal fees.
The NAB Traveller Card is a product which doesn’t charge you for checking your balance or withdrawing funds when overseas. You also don’t pay foreign transaction fees when you spend or use currencies you’ve already loaded onto your card, meaning you could enjoy a fee-free holiday.
The Traveller Card gives you the opportunity to load up to ten popular currencies onto your card and then spend them with the security and flexibility of a regular credit or debit card. Read on to find out more about how the Traveller Card works.
Product Name
NAB Traveller Card
Available Currencies
AUD, CAD, EUR, GBP, HKD, JPY, NZD, SGD, THB, USD
ATM Withdrawal Fee
No NAB ATM fees for local currency withdrawals or balance checks at overseas ATMs, or at overseas points of sale (ATM owners or merchants might charge their own fees).
Reload Fee
1% of value
Currency Conversion Fee
4%
Initial Load Fee
$1
Multiple Currencies on One Card
Yes
Maximum Load Amount
$45,000
What currencies are available with this card?
You can load the following currencies onto the Traveller Card:
Australian Dollars - AUD
US Dollars - USD
Great British Pounds - GBP
Euros - EUR
Canadian Dollars - CAD
New Zealand Dollars - NZD
Japanese Yen - JPY
Singapore Dollars - SGD
Hong Kong Dollars - HKD
Thai Baht - THB
As you can see the card has a great range of choices, but misses out on some of the more exotic currencies available on some cards, such as the Vietnamese Dong and Emirati Dirham.
Note too that the currencies above are in their default order of priority. If you don’t have sufficient funds in one currency, funds will be converted from the next available currency.
Fees
Apart from the currencies on offer, the next most important comparison factor for many are the fees charged.
The NAB Traveller card does not charge fees when making an overseas ATM withdrawal or balance check. It also doesn’t charge foreign transaction fees when making a purchase using a currency loaded onto the card.
The NAB Traveller Card has low fees for many of the transactions you’ll make. As you can see above in the table above, there are some fees which are charged when using this card.
These fees include:
Foreign transaction fee - This is a fee of 4% of the total transaction value and is charged when you spend in any currencies not loaded onto your card.
Monthly inactivity fee - This is a $4 fee charged for each month you don’t use the card, after an initial period of 12 consecutive inactive months has passed.
Initial load fee - This is $1 of the initial load you place onto the card.
Reload fee - This fee is 1% of value of the reload amount you load onto your card.
Here’s the fees you can expect to pay for using this card, in addition to the fees mentioned in the table above.
ATM withdrawal fee in Australia - No NAB ATM fees for local currency withdrawals or balance checks at overseas ATMs, or at overseas points of sale (ATM owners or merchants might charge their own fees).
POS transaction fee in Australia - $0
Replacement card fee - $0
Secondary card fee - $0
Security
One of the main strengths of a travel card is that it has added security when compared to a credit or debit card. It has a security chip and PIN on it which gives you additional protection when making payments, and isn’t linked to any of your accounts back home.
This means even if someone gets access to your card, they’ll be hard pressed to do any major damage and clear out your regular savings or credit accounts.
In addition, NAB provides emergency assistance if you lose your card or if it’s stolen, and this is available at any time of the day or week.
You’ll also get a backup card, which can be used in the event that something happens to your first card. Even if this backup card is lost or stolen too, NAB will send you a replacement card free-of-charge.
Loading and reloading the Traveller Card
The initial loading of funds onto this card must be carried out at an NAB branch, with the minimum load amount being $50 .
Once you’ve made your first load you can then continue to reload at an NAB branch, online or on the phone with BPAY.
To load at a branch you’ll need to bring valid photo ID, and the amount loaded onto your card will be available within four business hours.
If you choose to load your card over the phone or online through BPAY it’ll take two business days to appear in your card. BPAY reloads will require you to set up your card as a preferred biller before you travel.
You can manage your account by logging onto the NAB Traveller Card ‘My Account’ tool. Here you can also swap money between currencies. You can also do this by calling NAB.
The NAB Traveller Card is valid for five years.
Applying for the NAB Traveller Card
To get an NAB Traveller Card you’ll need to apply. Bring in any money you want to pre-load initially or transfer money from your NAB transaction account and you can walk out with your new card. The card will be activated in a few hours.
FAQ
Do I need to have an account at NAB?
No, both new and existing customers are able to get a NAB Traveller Card.
Can I give the second card to my partner or child to use?
No, your second card can’t be used unless something happens to the first card.
Are there any countries where this card isn’t accepted?
Currently this card isn’t accepted in Cuba, North Korea, Syria, Burma, Iran and Sudan.
Where can I use the NAB Traveller Card?
This card is a MasterCard, which means it can be used at the majority of ATMs and merchants across the globe.
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