With over 1 million of us heading to Indonesia in 2017 alone, according to the Australian Bureau of Statistics, it’s the second most popular destination for Aussie travellers. Only New Zealand attracts more Australian visitors.
And with no shortage of cultural sights and experiences as well as relaxing and rejuvenating activities to engage in, Bali in particular is popular with a wide range of travellers, especially during peak seasons.
Compare travel money cards for Indonesia
The following table displays a snapshot of travel money card products on Canstar’s database that can be used for travel to Indonesia, sorted by Star Rating (highest to lowest) then by provider name (alphabetically). Check upfront with your provider and read the PDS to confirm the details of a particular product, and whether it meets your needs before deciding to commit to it.
How do travel money cards work?
Typically travel money cards work like this: you exchange your Aussie dollars for your currency of choice – in this case Indonesia rupiah – and load them onto your card before your trip. Then, when you arrive, you can expect to use the card to withdraw rupiah and make card payments in-store or online at selected outlets. You may also be able to reload your card with extra funds if you need them. Bear in mind, though, that some cards may only offer some of these features.
Is a travel money card the right option?
Depending on the type of traveller you are, travel money cards can be useful for a number of reasons. For example:
- They allow you to lock in the exchange rate in advance of your trip
- They are designed to be easy to use – similar in function to a debit card
- They can be used with multiple currencies
- They aren’t connected to your transaction account, so you can only lose the amount that’s on the card if it’s stolen
There can also be disadvantages to using a travel money card:
- You may lose out if the exchange rate improves after you’ve locked in your rate
- Travel money cards can come with various fees, such as currency conversion fees, ATM fees and inactivity fees
- They may not be accepted everywhere
- Some travel cards have a reload delay – that is, it may take several days for you to be able to access extra money you load onto the card.
Learn more about the potential pros and cons of travel money cards.
Travel money cards aren’t perfect for every situation or every traveller, and it can be smart to consider a combination of different travel money options for your trip to Indonesia, such as loose cash, as well as a travel credit or debit card.
What exchange rate will I get?
The exchange rate you might get when converting your Aussie dollars into Indonesian rupiah is likely to vary depending on when you load your card, as exchange rates generally fluctuate regularly due to a number of factors. Check with your travel money card provider as to what the current rate is when you are loading money onto a travel money card.
It’s important to note, however, that the exchange rate quoted by your card provider may be different to the official exchange rate quoted by the RBA.
This is because travel money card providers typically charge an ‘exchange fee’ on top of the quoted exchange rate. This fee can vary from card to card, so it’s worth comparing what each one offers for the Indonesian rupiah – as well as considering the other features and terms offered by the provider – to see which card best suits your needs. It may also be worth considering that some travel money cards providers may not list an ‘exchange fee’ as such – instead the cost of the exchange to the cardholder would be factored into the exchange rate they offer.
What to be aware of when travelling to Bali
Having cash on hand can be convenient in Bali, as credit and debit cards are in some cases only accepted in mid-range or more expensive retail outlets or accommodations.
The practice of bargaining or ‘haggling’ can be common when shopping in Indonesia. Tips from the Lonely Planet when it comes to bargaining include:
- Have some idea of the item’s worth
- Establish a starting price – ask the seller for their price
- Your first offer should aim to be from one-third to two-thirds of that price.
- If you don’t like the price try walking away – the vendor may go lower in order to secure your business
- When you name a price, you should generally be committed to the purchase – you are usually expected to buy if your offer is accepted
Don’t forget to consider travel insurance
When travelling to Indonesia, you may also want to think about an insurance policy to cover you for things like:
- Cancellation costs for flights, accommodation and tours
- Overseas emergency medical expenses
- Travel delay/changed travel plans
- Cover for theft or lost luggage and personal items
The table below displays a snapshot of travel insurance policies rated by Canstar with links to providers’ websites, sorted by Star Rating (highest to lowest) then by provider name (A-Z). These results are based on a couple under 70 travelling to Indonesia. Check upfront with your provider and read the PDS to confirm the details of a particular product, and whether it meets your needs, before deciding to commit to it.