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Benefits of a Travel Money Card

7th February 2017

Benefits of a Travel Money Card

Travel money cards are a popular, secure and easy way to take money on overseas holidays.  Travel money cards simplify the currency exchange process and assist you to manage your travel money easily.

Whether you’re travelling to one destination and just need a single currency, or are visiting several countries, travel money cards can provide  the major currencies you need in one place.  If you’ve never tried using a pre-paid travel money card, here are their main benefits. 


Travel money cards are highly convenient because you can load your card up with anywhere from $100 to up to $100,000 per year* and reload your card on the go as needed, either online or through a mobile app, anywhere that you have an internet connection. Travel money cards like Key to the World Currency Card, powered by Mastercard, are accepted at millions of ATMs worldwide and at any accommodation, restaurant, shop or tour business wherever Mastercard is accepted. You have the convenience of paying for goods and services directly using your Key to the World card, or to withdraw cash as needed.

To use a prepaid travel money card, either at an ATM or to pay a business, you select ‘credit’ and enter your  PIN number. At some retailers, for smaller amounts, you can simply tap your travel money card using the Mastercard® contactless system.

Travel money cards can also allow you to manage your money, wherever you are. For example, a Key to the World Currency Card allows you to login online or via the mobile app to see your balance and transactions, transfer money or reload your card. Key to the World has extra functionality that no other pre-paid currency card offers. In a single login, as well as managing your money, you can also view your travel itinerary online and other Key to the World travel essentials such as travel insurance and Global SIM. It’s an innovation that’s changing the way we travel. A travel money card isn’t just about the money anymore.* Individual re-load transaction limits may apply.  Speak to a consultant for details.


Because your travel money card is not connected to your transaction account, potential losses are restricted if your card gets stolen. It’s easy to suspend or cancel a lost or stolen card, and your provider may be able to give you access to emergency funds anywhere in the world – making travel money cards a secure and convenient  way to take money overseas.


Pre-paid travel money cards can be loaded with more than one foreign currency, so you can use this whether you are travelling to one country, or seeing the world. They can also be used for most standard transactions, either shopping online or in person - minimising the risk of carrying cash or using travellers cheques, which are now out-dated and not as widely accepted.

Travel money cards also allow you the flexibility to monitor your spend and see how much money you have left through your online login. For example, if you need to top-up your Key to the World Currency Card, you can easily do that through ’my login’ for Key to the World Card or via the Key to the World mobile app.

Locked in rate

With a regular debit or credit card, the currency rate can vary hugely during your trip and conversion fees may apply, which means you may get less currency for your Australian dollar and your overseas trip could end up costing you more. But a travel money card allows you to load and lock your foreign currency at today’s exchange rate* and actively manage your balance so you’ll know exactly how much you have to spend.

In other words, even if the Australian dollar drops in value, that won’t affect the amount already loaded on your card in another currency. You can pre-purchase multiple currencies, if you’re visiting several different destinations.


The Key to the World Currency Card allows you to load up to 10 currencies, and set the default currency for your location. If there isn’t enough money loaded for the local currency, Key to the World will automatically make up the balance from other currencies loaded on your card using the latest exchange rate at the time of the transaction.

Key to the World Currency Card also includes the ability to manage your travel insurance, Global SIM and a handy travel itinerary feature. When you use Key to the World with Cover-More Travel Insurance, the medical assistance numbers are listed on your Currency Card so you have everything in one place.

These additional services, including travel money currency card, travel insurance information, Global SIM management and travel itinerary are easily available through a single secure login so you can access everything in one place.

Find out more about the Key to the World Currency Card and its amazing benefits such as locking your exchange rates* for multiple currencies on one card, travel insurance, travel itinerary, and Global SIM.

*Lock in your exchange rates mean the exchange rate is locked in for the initial load only. The exchange rates for subsequent reloads will be set at the prevailing exchange rate at the time of the transaction.

This blog is provided for information only and does not take into consideration your objectives, financial situation or needs.  You should consider whether the information and suggestions contained in any blog entry are appropriate for you, having regard to your own objectives, financial situation and needs.  While we take reasonable care in providing the blog, we give no warranties or representations that it is complete or accurate, or is appropriate for you.  We are not liable for any loss caused, whether due to negligence or otherwise, arising from use of, or reliance on, the information and/or suggestions contained in this blog.