Which banking app is best for travelling?

Read on to learn about digital banks to use abroad.

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If you’re going on a trip abroad, you’re going to need a card you can use overseas. Traditional banks like, the Big 5 Canadian Banks, usually charge fees for taking money out abroad. Learn more about the digital banks everyone is talking about and see how they stack up against each other for spending abroad.

Why use a digital bank for travelling?

Digital challenger banks like Monzo, Revolut, Starling and Monese have all of the same functionality as traditional chequing accounts, but also usually offer free transactions and withdrawals abroad. More and more young people are turning to these banking apps for their day-to-day banking, as well as benefits such as overseas spending. Click each one to read our in-depth reviews of each bank.

Learn more about challenger banks here

What about prepaid cards?

Prepaid cards are another popular solution for travel money. They’re secure and easily reloadable. Compare prepaid cards in the table below.

Name Product Monthly fee Cost per transaction Foreign transaction fee Rewards with this card
KOHO Premium Prepaid Card
$9/month or $84 annually
$0
0%
Up to 2% cash back
Earn 2% cash back on transportation, grocery and restaurant purchases. Plus, get a 30 day free trial. Use promo code FINDERCODE and receive a bonus of an additional 1% cash back for the first 90 days after activation (on top of the regular 0.5% for other purchases, for a total of 1.5% cash back).
KOHO Prepaid Visa card
$0
$0
1.5%
0.5% cash back
Use promo code FINDERCODE and receive a bonus of an additional 1% cash back for the first 90 days after activation (on top of the regular 0.5%, for a total of 1.5% cash back).
KOHO Joint Prepaid Card
$0
$0
1.5%
0.5% cash back
Use promo code FINDERCODE and receive a bonus of an additional 1% cash back for the first 90 days after activation (on top of the regular 0.5%, for a total of 1.5% cash back).
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Compare up to 4 providers

Should I just get some cash and not worry about a card?

If you’re just looking to carry cash and convert to other currencies, or you want to explore some other travel money solutions, head to our dedicated travel money section.

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