2021 Travel Money Card Star Ratings and Awards
2021 Travel Money Card Star Ratings and Awards
Canstar’s Travel Money Card Star Ratings use a sophisticated and unique ratings methodology that compares both price and features across travel money cards on our database. The top-performing cards have been recognised with a 5-Star Rating and an Outstanding Value Award.
For the price score, Canstar considered the exchange rates as well as the fees for loading, reloading and using the card overseas (both point of sale and through an ATM), plus how much will be available to spend in the purchased foreign currency. Canstar also considered whether the card offered the ability to earn reward points.
For the features score, Canstar considered an array of factors including the currencies available on the card, the ability to reload the card, the available spending options and security. For more information about the factors Canstar took into account, read the Travel Money Card methodology.
Although international travel from Australia remains heavily restricted due to the pandemic, Canstar’s 2021 Travel Money Card Star Ratings and Awards can help customers research and compare products for when they are ready and it is safe to travel.
Released June 2021
2021 Travel Money Card Award Winners
- Revolut – Travel Money Card – Standard
- Wise – Wise Travel Money Card
What made the winners stand out?
Revolut and Wise (formerly TransferWise) have both received Canstar’s Outstanding Value – Travel Money Card Award for their travel money card products. The products are new entrants in this year’s Star Ratings and Awards.
According to Canstar’s research team, the products disrupted the market by offering exchanges at the interbank rate with a low fee. The team also highlighted their outstanding price performance and range of online features.
Revolut customers can exchange, send and receive over 27 currencies. Revolut also offers a sophisticated mobile app that tracks and categorises spending.
Wise customers can convert and hold 56 currencies. A Wise travel money card can also be managed online or via a mobile app.
Image source: dodotone/Shutterstock.com
2021 Travel Money Card Award Winners
