Travel Money Card for Canada (2024)

Travel Money Card for Canada (1)

Travel Money Card Canada

An award-winning foreign currency prepaid travel card, the Travelex Money Card is perfect to travel with around Canada. Whether you’re looking to make everyday purchases, pay for insurance coverage or enjoy holiday packages, you can rely on the Travelex Money Card to make Canadian dollar (CAD) payments.
The Travelex Money Card works similarly to a Mastercard debit card, where you can use it to withdraw cash from ATMs worldwide. You can also lock in a fixed prevailing exchange rate and use the card to transfer money without any foreign transaction fees^.

Travel Money Card for CAD

Travel Money Card for Canada (2)

The Travelex Money Card stores CAD so that you can reliably make everyday purchases while travelling in Canada. Partnered with world elite Mastercard, the card is compatible with most ATMs worldwide and can be used at all establishments supporting Mastercard. To buy CAD for your travel money card, simply order online or monitor currencies with the Travelex exchange rate tracker.

There is no annual fee when using the Travelex Money Card. Instead, you can enjoy feeless foreign exchange transactions^ and ATM cash withdrawals1.

BUY CARD

TOP-UP CARD

More on Canada from our Travelex Hub Blog

Not to be mistaken with international transfers, if you want to send money to Canada from Australia, download our international money transfer app. Convert AUD to CAD today and deposit to a recipient’s Canadian bank account with ease. Now that you’ve figured out your finances, skip to the fun part – planning your Canadian adventure. Check out our travel guide for top tips on getting around and must-see sights.


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Features and Benefits

UNLIMITED FREE overseas ATM withdrawals1

Highly competitive exchange rates

NO fees when you buy online
$0 Currency conversion fee^

24/7 Global Assistance

Convenient Mobile App
Download it here

Shop at millions of outlets wherever Mastercard is accepted and on international websites with the local currency

Buy online, collect in-store or get it delivered to your home

5 outstanding value award winning travel money card

Exclusive offers with Mastercard PricelessTM Cities

No account or membership required

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How our Travel Card Works

1

Order your travel card

Order your Travelex Money Card online or in-store (passport or driver's license required)

2

Get your travel card

Free delivery to your home or collect from a Travelex store

3

Download the App

Download the app from the Google Play and Apple App stores

4

Register for My Account

Simply activate your card by registering your account via the app or online

5

Top Up

Manage and check your balance online and on your mobile

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Download the Travelex Travel Money App

Travel Money Card for Canada (3)

Convenience on the go
  • Top up your Travelex Money Card
  • Check your balance
  • Quick touch log in

The app requires Android 5.0 and up or iOS 10.0 or later.
Compatible with iPhone, iPad and iPod touch.

Travel Money Card for Canada (4)
Travel Money Card for Canada (5)

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Fees and Limits

NO fees online
$0 Currency conversion fee^

Withdraw daily up to AU$3,000 (or currency equivalent)

Maximum Card limit of AU$50,000

Free initial and replacement card

The following fees and limits apply. Fees and limits are subject to variation in accordance with the Terms and Conditions. Unless otherwise specified, all fees will be debited in AU$ Currency

If there are insufficient funds in AU$ Currency to pay such fees, then we will automatically deduct funds from other Currencies in the following order of priority: AU$, US$, EU€, GB£, NZ$, THB, CA$, HK$, JP¥, SG$.

Initial Card Purchase Fee
(charged at the time of purchase)

• Online: FREE via travelex.com.au or the Travelex Money App

• In-Store: FREE for loads of foreign currency (loads of Australian dollars (AUD) incur a fee of 1.1% of the amount or $15 whichever is greater).

Top Up Fee

• Online: FREE via travelex.com.au or the Travelex Money App

• In-Store: FREE for top-ups of foreign currency (top-ups of AUD incur a fee of 1.1% of the amount or $15 whichever is greater).

• BPAY: Top-ups

not made

via travelex.com.au or the Travelex Money App incur a fee of 1% of the amount.
- MasterCard Biller Code: 184416
- Reference No: your 16 digit Travelex Money Card number
- Funds will be allocated to your default currency. To check your default currency login to your account.

International ATM withdrawal and EFTPOS fee (outside Australia)

FREE (note: Some ATM operators may charge their own fees or set their own limits)

Domestic ATM withdrawal and EFTPOS fee - when you use your Card to make a Withdrawal or purchase in Australia and you have AU$ Currency on your Card

FREE (note: Some ATM operators may charge their own fees or set their own limits)

Cash over the counter fee (where cash is obtained over the counter)

FREE

Monthly inactivity fee

  • Charged at the start of each month if you have not made any transactions on the card in the previous 12 months
  • Unless your card is used again, or reloaded, this fee applies each month until the card is closed or the remaining card balance is less than the inactivity fee.

AU$4.00 per month

24/7 Global Emergency Assistance

FREE

Closure/withdrawal fee

  • Charged when you close your card or withdraw from your Card Fund. This fee is set and charged by Mastercard Prepaid.

AU$10.00

Currency to Currency foreign exchange rate

  • This is applied when you move your funds from one currency to another currency.

At the then applicable retail foreign exchange rate determined by us. We will notify you of the rate that will apply at the time you allocate your funds from one currency to another.

Currency Conversion Fee

  • Applied when a purchase or ATM withdrawal is conducted in a currency either not loaded or sufficient to complete the transaction and the cost is allocated against the currency/ies used to fund the transaction.

FREE*
*The Spend Rate will apply to foreign exchange transactions in accordance with the Terms and Conditions.

The following fees and limits apply. Fees and limits are subject to variation in accordance with the Terms and Conditions. Unless otherwise specified, all fees will be debited in AU$ Currency

If there are insufficient funds in AU$ Currency to pay such fees, then we will automatically deduct funds from other Currencies in the following order of priority: AU$, US$, EU€, GB£, NZ$, THB, CA$, HK$, JP¥, SG$.

Maximum number of cards you may hold in your name at any one time

One

Minimum amount for initial purchase online and on the app
Minimum amount for initial purchase in-store

AU$350 or currency equivalent
AU$100 or currency equivalent

Minimum amount for card top-up online and on the app

AU$50 or currency equivalent

Maximum amount you can load on initial online purchase (load):

The maximum amount you can load on the card at the time of the initial online purchase is AU$5,000 equivalent.

Maximum amounts for online top-up (app and website):

to a maximum of $10,050 per single top-up; and
to a maximum of $10,050 top-up value over 24hrs; and
to a maximum of $20,000 top-up value over 21 days.

Maximum bank transfer or BPAY® top up amount per day

AU$25,000

Maximum balance allowed across all currencies during any 12 month period

AU$75,000

Cash over the counter limit in any 24 hour period

AU$350

Maximum you can withdraw from ATMs in any 24 hour period (some ATM operators may set their own withdrawal limits which may be lower than this limit)

AU$3,000 or currency equivalent

Maximum value of EFTPOS transactions during any 24 hour period

AU$15,000 or currency equivalent

Maximum balance allowed at any one time across all currencies

AU$50,000

Other Important Information

Please read the following information about your Travelex Money Card carefully:

  • Your Travelex Money Card does not generate any interest or any other similar return. You do not earn interest on the amount standing to the credit of the Travelex Money Card Fund accessed by the card.
  • Although the issuer of the card is an authorised deposit-taking institution in Australia, the Card is not a deposit account with the Issuer.

Important Information about Fees & Limits for loads/top ups made online:

  • If you are making a purchase or topping up the Card online via www.travelex.com.au (i) the initial load and top up fee may differ to (but not be greater than) those contained in the “Fees and Limits Table” of this Product Disclosure Statement; and (ii) the limits may differ to those contained in the “Fees and Limits Table” of this Product Disclosure Statement. Travelex may also charge a card surcharge if you pay with a credit or debit card. Please refer to the relevant online terms and conditions available at www.travelex.com.au for details of the applicable fees and limits.

Fees and Limits

Terms & Conditions

Travelex Money Card terms and conditions

Travelex general terms and conditions

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Travelex Travel Card Currency Information

Canada

Hong Kong

Thailand

Singapore


FAQs

Travelex’s travel money card is the best for holiday travel in Canada. There are many eligible purchases you can make with the Travelex Money Card, such as travel insurance, mobile device insurance, and even goods at grocery stores.Keep in mind that although you can use the travel card similarly to a debit card, you can’t use it to redeem points, claim travel rewards or access a priority pass membership like a traditional Mastercard.

The Travelex Money Card is the best for international travel as it allows you to lock in prevailing exchange rates, buy foreign currencies, and store them in one place without any added fees^. You can use it to store CAD, as well as other currencies such as USD, EUR, and NZD.You can also use the Travelex Money Card to withdraw cash from Mastercard-supported ATMs worldwide with no additional fees1.

Getting a travel card may be worthwhile if you’re looking to make purchases in another country conveniently, without the hassle of monitoring exchange rates and carrying cash around. With the Travelex Money Card, you can make balance transfers with a couple of taps on the Travelex Money App, withdraw cash from ATMs, and store multiple foreign currencies at once.Even in the case of a trip cancellation, you can still keep the card for your future travels and store other currencies on it.

Yes, you can use the Travelex Money Card in both the USA and Canada. You can store USD and CAD in the card simultaneously and use it to make purchases in both countries.Go online or find a store to purchase a Travelex Money Card to use in the USA and Canada.

Which card is the best in Canada?

Travelex’s travel money card is the best for holiday travel in Canada. There are many eligible purchases you can make with the Travelex Money Card, such as travel insurance, mobile device insurance, and even goods at grocery stores.

Keep in mind that although you can use the travel card similarly to a debit card, you can’t use it to redeem points, claim travel rewards or access a priority pass membership like a traditional Mastercard.

Which card is best for international travel?

The Travelex Money Card is the best for international travel as it allows you to lock in prevailing exchange rates, buy foreign currencies, and store them in one place without any added fees^. You can use it to store CAD, as well as other currencies such as USD, EUR and NZD.

You can also use the Travelex Money Card to withdraw cash from Mastercard-supported ATMs worldwide with no additional fees1.

Is it worth getting a travel card?

Getting a travel card may be worthwhile if you’re looking to make purchases in another country conveniently, without the hassle of monitoring exchange rates and carrying cash around. With the Travelex Money Card, you can make balance transfers with a couple of taps on the Travelex Money App, withdraw cash from ATMs, and store multiple foreign currencies at once.

Even in the case of a trip cancellation, you can still keep the card for your future travels and store other currencies on it.

Can I use a USA card in Canada?

Yes, you can use the Travelex Money Card in both the USA and Canada. You can store USD and CAD in the card simultaneously and use it to make purchases in both countries.

Go online or find a store to purchase a Travelex Money Card to use in the USA and Canada.

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1 Please be advised that although Travelex do not charge ATM fees, some operators may charge their own fee or set their own limits. Please check with the ATM before using

3 Lock in your exchange rates mean the exchange rate is locked in for the initial load only. The exchange rates for subsequent reloads will be set at the prevailing exchange rate at the time of the transaction.

Mastercard Prepaid Management Services Australia Pty Ltd (ABN 47 145 452 044, AFSL 386 837) arranges for the issue of the Travelex Money Card in conjunction with the issuer, EML Payment Solutions Limited (‘EML’)(ABN 30 131 436 532, AFSL 404131). You should consider the Product Disclosure Statement for the relevant Travelex Money Card and Target Market Determination available at www.travelex.com.au, before deciding to acquire the product. Any advice does not take into account your personal needs, financial circ*mstances or objectives and you should consider if it is appropriate for you. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

^ A foreign exchange ‘Spend Rate’ rate will apply to foreign exchange transactions in accordance with The Product Disclosure Statement.

* Transacting via some online merchants may incur a surcharge.

Travel Money Card for Canada (2024)

FAQs

Travel Money Card for Canada? ›

Using a prepaid travel card

A travel card lets you hold multiple foreign currencies at a time, which may be helpful if you're visiting the neighbouring United States. If you've transferred your funds to Canadian dollars using a travel money card, you can avoid currency conversion fees when spending in Canada.

What is the best travel card for Canada? ›

Best 6 Travel Money Cards for Canada:
  • Wise Travel Card - for the best exchange rates.
  • Revolut Multi Currency Card for low fees.
  • Travelex Money Card - Best all rounder.
  • HSBC Global Everyday Debit Card for an everyday debit card you can also use in Australia.
  • Bankwest Breeze Platinum Credit Card for lowest interest rate.
Jan 23, 2024

Can I use a travel money card in Canada? ›

Using a prepaid travel card

A travel card lets you hold multiple foreign currencies at a time, which may be helpful if you're visiting the neighbouring United States. If you've transferred your funds to Canadian dollars using a travel money card, you can avoid currency conversion fees when spending in Canada.

Is it better to bring cash or card to Canada? ›

If you're travelling internationally, it's best to bring a no-foreign-transaction-fee credit card so you don't waste funds just because you're shopping in another currency.

Should I exchange money before I travel to Canada? ›

Tourists are known to flock to Canada for a dose of exuberance and adventure. But, in order to thoroughly enjoy your vacation, there are some things that you absolutely need to get out of the way – one of them being currency exchange. This is a must-have on your to-do list before you fly out to Canada.

Which prepaid travel card has no foreign transaction fee? ›

Check out the Wise card, Chime card, or a standard Revolut account and card if you're interested in prepaid international debit cards with no ongoing fees and options for currency exchange with no foreign transaction fee.

What is the best prepaid travel card? ›

Top-pick prepaid travel cards
  • Revolut – top rates on weekdays.
  • Wise – top rates with low fees.
  • Zing – third party rates but lowest fees.
Apr 9, 2024

What is the cheapest way to pay in Canada? ›

Use the credit card instead of cash wherever possible. Credit card issuers typically charge fees for international transactions and you may get the best exchange rate and fees lower than those associated with exchanging cash.

What is the best way to take spending money to Canada? ›

Conclusion
  1. There's no single best way to take money to Canada. ...
  2. Check out specialist travel cards - such as a prepaid travel card from Wise or a travel debit card from Revolut - to use for spending and withdrawals, and to carry alongside your regular debit or credit card, and a little cash.
Nov 13, 2023

What is the best way to pay for things in Canada? ›

Most casual visitors to Canada should use their credit cards for purchases and make larger ATM local currency withdrawals at Canadian banks, but frequent travelers should talk to their banks about the best debit and credit cards for these purposes.

What is the best way for Americans to pay in Canada? ›

Often, Canadian businesses will accept U.S. dollars in payment, making the currency value exchange, if any, at the till. It's always advisable to bring money in a variety of forms on a vacation: a mix of cash, credit cards, and traveler's checks.

Can I use American dollars in Canada? ›

If you are planning to rely on USD in Canada, you may like to reconsider. Although large retailers, tourist attractions, hotels and border crossings accept US currency, smaller and rural destinations may not. Travellers don't always consider the situations when the local currency is the only option.

Should I use my US debit card in Canada? ›

Yes, debit cards by Visa are widely recognized for various online and electronic transactions globally, wherever Visa is welcomed. Keep in mind that Visa fees will be applicable, and these charges will be visible on your statement as a 1% international transaction service fee.

Where is the best place to exchange American money to Canadian? ›

Banks and credit unions are generally the best places to exchange currency, with reasonable exchange rates and the lowest fees.

Should I convert my USD to CAD at the airport? ›

Avoid Currency Exchange Kiosks at Airports

If you don't have time to get cash at the bank before your trip, it can be tempting to get foreign currency at an airport kiosk or currency exchange counter. These merchants offer convenience, but their exchange rates are typically much less favorable than your bank at home.

Is a US passport card good for travel to Canada? ›

Entry into Canada: Canadian law requires that all persons entering Canada carry proof of citizenship and identity. A valid U.S. passport, passport card, or NEXUS card satisfies these requirements for U.S. citizens. Children under 16 only need proof of U.S. citizenship.

What credit card is most accepted in Canada? ›

WalletHub, Financial Company

Visa and Mastercard are the most widely accepted credit card networks, and you should be able to use their cards at any merchants that take credit cards in Canada. American Express cards aren't accepted everywhere in Canada but they work at “thousands” of places, according to Amex.

Is Visa or Mastercard more accepted in Canada? ›

Visa and Mastercard both enjoy broad acceptance by Canadian retailers which is close to equal. However, there are a few exceptions, for example Costco and No Frills, both only accept Mastercard. Majority of retailers however accept both.

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