TransferWise launches debit Mastercard in Australia & New Zealand

After endless requests from customers across Australia and New Zealand, it’s finally here. We’re excited to announce the launch of our debit card down under — your passport to cheaper spending overseas.

Traditional bank cards weren’t built to travel. You’re charged foreign transaction fees every time you tap or swipe abroad — on top of the bad exchange rates your bank might give you.

We don't think that's fair. So we're proud to launch the TransferWise Platinum debit Mastercard® for people and businesses in Australia and New Zealand. It's time to say goodbye to foreign transaction fees and crazy exchange rates. For good.

Your passport to cheaper spending overseas

For people going on holiday or relocating abroad, the TransferWise Platinum debit Mastercard® is up to 11x cheaper than travel cards.

It's already helping over 250,000 in the UK, US, and Europe avoid hidden bank fees when they spend overseas. And after more than 2 million card transactions, we hope our customers in the southern hemisphere will benefit it from it, too.

But that's not all. Because it's a Platinum card, you get extra Platinum perks for free. That includes e-commerce protection, airport concierge, and global health and travel access.

Send, spend, and receive money for less

Our debit card is part of our TransferWise account — the multi-currency account that lets you send money with the real exchange rate, receive money for free, and convert currencies with low fees.

Both the TransferWise personal and business accounts let you add, hold, and convert between over 40 currencies instantly and on the go. All conversions and card transactions are made with the real exchange rate — the one you see on Google.

An account also comes with your own bank details for Australia, New Zealand, the UK, Eurozone, and the US. And unlike other accounts, there are no setup fees or monthly charges.

You need a passport to enter a new country. You need TransferWise once you get there

If you already have a personal or business TransferWise account, just log in to order your card. If you don’t have an account, it’s free and easy to get started.

You can manage everything from your phone or computer, and keep track of all your spending with push notifications. And if you leave your card at a cafe or in your Uber, not to worry — you can freeze and unfreeze your card with a click of a button.

So wherever you’re off to, whatever you’re doing, or however long you’re doing it for, the TransferWise card is your passport to stress-free spending abroad.

Re-disseminated by The Asian Banker

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