Is a prepaid travel card better than a debit card for travelling overseas?

A travel card is better for currency exchange rates and a debit card is better for convenience. Both are equally good for security. A travel card has a cheaper currency exchange rate around 2% however a debit card is more expensive at around 4%. A debit card can be used in Australia once your travels are over and if you choose Macquarie, Up Bank, Citibank, HSBC or ING you will not pay for foreign transaction fees.

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