Overseas Spending Money Strategies

[FreddyFattler]

I hope Op ended up skipping exchanging to Riel and just carried upped his USD take after all of this card talk

 

[4lex]

A strategy I've used in the past is to apply a positive balance to a credit card and use this for both cash withdrawals and purchases. Is this going to work still, particularly with the 28degrees card I see recommended here?
Is there a QF earning card that would be worthwhile for the same approach if I valued QF points at 0.9% ?

 

[blacksultan]

A strategy I've used in the past is to apply a positive balance to a credit card and use this for both cash withdrawals and purchases. Is this going to work still, particularly with the 28degrees card I see recommended here?
Is there a QF earning card that would be worthwhile for the same approach if I valued QF points at 0.9% ?

28degrees card now charges 3% on cash withdrawals even if you it is from a positive balance.
Not sure what the point of having a positive balance for purchases is.
One can also use the coles mastercard which has no fx fees.

 

[Cynicor]

In general most cards charge a fee for cash advances, even if positive balance. It is most definitely a pointless thing to do, I suggest getting an ATM card with no fees.

 

[Pushka]

After our NAB debacle in May we’ve both got separate Citibank debit cards now.

 

[theblank]

Apologies for dredging up an old thread. I've searched around.
Best options for decent exchange rates on a credit card used overseas? Preferably annual fee free.

Nothing new in this space for a couple of years, ANZ Travel Adventures is the most recent. All are listed at www.finder.com.au

 

[blacksultan]

Nothing new in this space for a couple of years, ANZ Travel Adventures is the most recent. All are listed at www.finder.com.au

28degreescard is the only card with no annual fee and fx charges.

 

[Cynicor]

Thought the bankwest zero was the same. Don't have one so could be wrong.

 

[Mr_Orange]

Thought the bankwest zero was the same. Don't have one so could be wrong.

The Platinum version, yes. No annual fee and no FX fees.

 

[theblank]

Nothing new in this space for a couple of years, ANZ Travel Adventures is the most recent.

and no sooner did I mention this and we have something new in this 'space'
Citi Australia - Diners Club


space: no overseas fee on a credit card.

 

[Pushka]

After our NAB debacle in May we’ve both got separate Citibank debit cards now.

And they worked a treat in the first use yesterday in Bali.

 

[cove]

We used Bankwest World to pay the boarding fees for our son at his Madrid University when none of his credit cards were suitable. We got the points and a fair exchange rate which was almost the Hifx rate.