Fees and limits simplified

Using your Key to the World Currency Card is a great way to save on fees for foreign exchange and international withdrawals. Here’s what you will and won’t pay for.

Fees and limits simplified

Using your Key to the World Currency Card is a great way to save on fees for foreign exchange and international withdrawals. Here’s what you will and won’t pay for.

What you do pay for

International ATM withdrawals*

(outside Australia)

USD 2.50

EUR 2.50

GBP 2.00

NZD 3.50

THB 80.00

CAD 3.50

HKD 18.00

JPY 260.00

SGD 3.50

AUD 3.501

Reloading your card instore

Up to 1.1% of the total amount

Reloading your card using your secure Key to the World Logon (charged at the time of reload)

Up to 1.1% of the total amount

Reloading your Card using BPAY

1% of the reload amount

Domestic ATM withdrawal fee

2.95% of the amount withdrawn

Cashing out the remaining balance- Cash out fee

$10

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.

MasterCard® rate (“FX Rate”) plus a margin of 5.95% of the transaction value. The MasterCard rate is the exchange rate determined by MasterCard to be their wholesale rate or the government mandated rate in effect in the day the transaction is processed by MasterCard.

 

What you don’t pay for

Buying your card

FREE

Initial funds load

Note: A reload fee may be payable for subsequent loads after a card is issues and loaded, either instore or online

FREE

Making purchases in the same currency as loaded onto your Card

Note: some merchants may charge you a fee

FREE

Card balances via Key to the World

FREE

Transaction History via Key to the World FREE
24 x 7  Customer Service FREE

Inactivity fee

FREE

To meet regulatory requirements and to keep your funds secure, some limits apply to how you can use your Currency Card. These limits protect you against unauthorised use, but you may need to plan ahead when moving large amounts.

 

Key to the World Currency Card Limits

Amount (shown in AUD)

Minimum amount you can load on your Card per load/reload

$100 or currency equivalent

Maximum amount you can load on your Card per load /reload

$10,000 or currency equivalent

Maximum BPAY reload amount per day

$25,000 or currency equivalent

Maximum balance allowed across all currencies during any 12 month period

$100,000 or currency equivalent

Maximum ATM withdrawal amount in any 24 hours

$3,000 or currency equivalent (some ATM operators may set their own withdrawal limits)

Maximum value of EFTPOS transactions during any 24 hour period

$15,000 or currency equivalent

For more details on fees and limits please view the Product Disclosure Statement and Financial Services Guide.

*Some ATM operators may charge their own fee. If the Currency of your transaction matches one of the Currencies on the Card and there are sufficient funds in that Currency to cover the whole transaction, the relevant fee for that Currency will be applied. If the Currency of your transaction does not match one of the Currencies on the Card and there are insufficient funds in that currency to cover the whole transaction, then the AUD fee will be applied and will be converted into the last Currency being used to fund the transaction at a foreign exchange rate determined by us on the day the transaction is processed.

1 For international ATM withdrawals in countries not mentioned above or insufficient funds in the relevant Currency to cover the whole transaction.

#For more information, please visit mastercard.com/contactless/. Transaction limits for contactless transactions may change from time to time. For transactions above the limit, additional authorisation is required. Different transaction limits apply in different countries.

2 Although the MasterCard Acceptance Mark may be displayed, the Key to the World Currency Card may not operate in some countries and geographical regions, due to restrictions (see FAQ page for current details). In addition, ATMs or POS terminals may not be owned or operated by the Issuer or MasterCard and the Issuer and MasterCard are not responsible for ensuring that merchants will accept the Card. For more information please see the Product Disclosure Statement at www.keytotheworld.com.au.