A travel money card is more secure than cash because you need your pin to authorise transactions, if you lose cash you are unlikely to have it returned. If your travel money card is stolen, then you can report it lost or stolen online quickly. It is also less bulky to carry 2 or 3 cards than lots of cash.
Yes, you can use an international debit card in Canada and the best debit cards do not charge an international transaction fee of 3%. It’s best not to use the debit card you use for your grocery shopping as most debit cards in Australia will charge you an international transaction fee of 3% per transaction, a fee for ATM withdrawals and give very poor exchange rates.
Mastercard and Visa are the 2 most commonly accepted credit cards in Canada. American Express is occasionally accepted but it’s best not to rely on it as a reliable source of payment throughout Canada.
HSBC and Citibank have the best travel money cards for Canada. Both have lots of ATMs within Singapore, both offer fantastic exchange rates for the Canadian dollar and both offer ‘no international transaction fees’.
Yes, you should bring cash to Canada and buy Canadian dollars before you travel to Canada. It’s one of the best ways to take money to Canada from Australia. Having Canadian dollars on hand when you arrive at the airport will make your life a lot easier. The airport is also the most expensive place to exchange currency, so you will save a lot of money as well. Even though Canada is card friendly, having cash on hand will always be handy for small purchases, tipping and paying for transport.
The best travel card for Canada is the Wise Multi Currency card for tap or swipe large transactions like accommodation and restaurants. Wise offers the best exchange rate for Canadian dollars globally and charges no international transaction fees. HSBC Global and Citibank Plus cards are the best for ATM withdrawals and great exchange rates for Canadian dollars. Both these cards charge no international transaction fee and can be used within Australia without penalties. The best travel credit cards for Canada are the BankWest Platinum Breeze and ING One Low Rate as they have the lowest interest rates on the market […]