Travel money guide: Australia

Consider a credit card without foreign transaction fees to save money abroad.

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In Australia, you can pay for almost anything with plastic — including taxis, souvenirs and incidentals. Using a credit card without foreign transaction fees that also earns rewards on purchases is a great way to save money abroad.

Though cards are widely accepted, it’s always a good idea to have some cash in your pocket, too.

Our pick for getting to Australia

Capital One® VentureOne® Rewards Credit Card

  • Earn 1.25x miles on all purchases
  • Earn 20,000 bonus miles once you spend $1,000 within your first 3 months when you open your account
  • Get 0% intro APR on purchases for your first 12 months, a variable APR of 14.49% – 24.49% applies thereafter
  • No annual fee
  • No foreign transaction fee
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See Rates & Fees

Compare travel cards for Australia

Name Product Welcome offer Rewards Annual fee Filter values
Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®
50,000 miles after spending $2,500 in the first 3 months
2x miles on eligible American Airlines purchases, at gas stations and restaurants and 1x miles on all other purchases
$0 intro annual fee for the first year ($99 thereafter)
Earn 50,000 AAdvantage® bonus miles after you spend $2,500 in the first 3 months.
Capital One® VentureOne® Rewards Credit Card
20,000 miles after spending $1,000 in the first 3 months
1.25x miles on all purchases
Earn 20,000 bonus miles once you spend $1,000 on purchases within the first 3 months from account opening.
Delta SkyMiles® Gold American Express Card
60,000 miles after spending $2,000 in the first 3 months, plus 10,000 miles after your first anniversary
2x miles on Delta purchases, restaurants and at US supermarkets and 1x miles on all other purchases
$0 intro annual fee for the first year ($99 thereafter)
With a welcome offer worth up to $980, plus rewards on everyday purchases and Delta flights, this card offers value even for occasional flyers. Rates & fees
CardMatch™ from
See terms
See terms
See terms
Use the CardMatch tool to find cards you're likely to qualify for with your credit score, without a hard pull on your credit.
Chase Sapphire Preferred® Card
60,000 points after spending $4,000 in the first 3 months
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
This popular travel card's signup bonus is worth up to $750. Get even more value out of your travel, dining, and Lyft rewards by transferring them to miles.

Compare up to 4 providers

Travel card, debit card or credit card?

You shouldn’t have any problem using a Visa, Mastercard or American Express card in Australia. Just watch out for transaction fees that come with using a card.

Debit cards are typically the preferred option for making ATM cash withdrawals. If you don’t want to link your bank account to your card, however, consider a prepaid travel card — just watch out for its additional fees.

Pros and Cons of travel money options in Australia

Travel money optionProsCons
Debit cards
  • No cash advance fee
  • No cash advance APR
  • No overdraft
  • Weak or no rewards
  • No access to a credit line
  • Potential foreign transaction fees up to 3%.
  • Potential ATM withdrawal fees
Prepaid travel money cards
  • Can load Australian dollar
  • No cash advance APR
  • No link to your bank account
  • Many fees
  • May take time to load
  • No rewards
Credit cards
  • Credit line access
  • Rewards
  • May come with travel insurance and coverage
  • May come with concierge service
  • Cash advance fees on ATMs
  • Cash advance APR on ATMs
Traveler’s checks
  • Security
  • Not accepted everywhere
  • Fees for purchasing and cashing checks
  • Payment flexibility
  • Convenience
  • No need for ATMs
  • High risk of theft

How credit cards, debit cards and travel cards work in Australia

Using a credit card

Since credit cards are a common payment method in Australia, you may want to consider a travel credit card. You could earn rewards on your purchases and get travel insurance, luggage insurance or car rental insurance. With some cards, you could even get a concierge service, which can be helpful when traveling abroad.

Another option could be an airline cobranded card. This type of card helps you save money on flights, checked bags, lounge access and more. Some cards also come with complimentary travel insurance and similar perks.

Using a credit card in Australia

Using a debit card

A debit card comes in handy for cash withdrawals. You won’t pay any cash advance fees or a cash advance APR.

Best travel debit cards

Using a prepaid travel card

When it comes to staying protected against theft, using a prepaid travel card is your best option as it’s not linked to your bank account. However, travel cards can have expensive fees.

To avoid foreign transaction fees, try loading your prepaid travel cards with Australian dollars.
Prepaid travel cards explained

Using traveler’s checks

Traveler’s checks aren’t widely accepted in Australia. This could make purchasing and cashing your checks a nuisance. Considering checks come with foreign transaction fees and purchasing fees, they could become more expensive than they’re worth. In Australia, the other payment options could be better alternatives.
Traveler’s checks guide

Paying with cash

In general, most establishments in Australia accept cards. However, carrying some cash is a good idea in case you stumble across a place that doesn’t.

You can either exchange US dollars at a bank or make an ATM cash withdrawal. If you go for the latter, consider using a debit card and preferably one without foreign transaction fees or ATM fees.

What’s the Australian currency and where can I get the best exchange rate?

Australia uses the Australian dollar with a symbol $ and a currency code AUD.

You could exchange US dollars upon arrival, but the conversion rates at the airport usually aren’t favorable. An ATM cash withdrawal could give you a better rate.

Using money transfers to safely travel with cash

With WorldRemit you can send money to Australia before you depart. Once you arrive, you can pick it up from a local WorldRemit agent.

To make the transfer, you need to submit an Australian phone number and an address. If you don’t have one, WorldRemit recommends submitting the phone and the address of the place you’ll be staying at. This is in case the local agent needs to contact you. But you can still pick up the money with only your passport.

What’s the current USD to AUD exchange rate?

Compare money transfer services for Australia

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1,000 1 day USD 0.00 1.608 AUD 8,038 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 1.608 AUD 8,038 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 1 1 - 2 days USD 0.00 1.617 AUD 8,083 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
USD 2,000 1 day USD 0.00 1.608 AUD 8,038 $0 transfer fees with rates at never more than a 2% markup. Go to site Show details
EUR 1,000 1 - 2 days USD 10.00 1.608 AUD 8,022 Use TransferMate to help you send money to almost any country around the world for a small fee. Go to site Show details
USD 1 Within an hour USD 3.99 1.617 AUD 8,079 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.


Plastic is widely accepted throughout Australia. For best value, consider using a travel or an airline cobranded credit card for purchases, and a debit card for ATM cash withdrawals. But make sure your cards have no foreign transaction fees.

If you would like to know more about which payment method would work best overseas, check out our travel money guide page.

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