dsl-logo

Home Loans

Personal Loans

Car Loans

Business Loans

Credit Cards

Banking

dsl-logo
dsl-logo

Home Loans

Personal Loans

Car Loans

Business Loans

Credit Cards

Banking

10 Of The Best Travel Credit Cards in Australia in 2024

Sean Callery Editor Money.com.au

Written By Sean Callery

Shaun McGowan Money.com.au founder

Reviewed by Shaun McGowan

Last updated12 June 2024

See our picks of the best travel credit cards based on foreign exchange fees, travel perks and more. Plus get expert tips on using your credit card overseas from a veteran frequent flyer.

10 Of The Best Travel Credit Cards in Australia in 2024

Sean Callery Editor Money.com.au

Written By Sean Callery

Shaun McGowan Money.com.au founder

Reviewed by Shaun McGowan

Last updated12 June 2024

See our picks of the best travel credit cards based on foreign exchange fees, travel perks and more. Plus get expert tips on using your credit card overseas from a veteran frequent flyer.

Featured travel credit cards

Sponsored

Qantas_American_Express_Ultimate_Card

American Express Qantas Ultimate Card

Get 60,000 bonus points when you apply online by 28 May 2024, are approved and spend $3k on eligible purchases in the first three months. New members only, T&Cs apply.

Find out more

AMEX PLATINUM

150,000 Bonus Membership Rewards® Points

With the American Express® Platinum Card when you apply online by 25 June 2024, are approved and spend $5k on eligible purchases within the first 3 months of approval. T&Cs apply. New card members only.

View card

The Platinum Edge Credit Card

American Express® Platinum Edge Credit Card

Enjoy $0 annual card fee (usually $195) in the first year when you apply online, and are approved. T&Cs apply. New Card Members only.

View card

Top travel credit cards in Australia (Money picks)

These cards were selected based on our expert analysis of more than 200 credit cards on Money's database. We selected the cards based on features and costs relevant to travellers and they are ordered by the lowest annual fee.

1. Bankwest Breeze Zero Platinum Mastercard

Int. transaction fee

0%

Purchase rate

14.99%

per annum

Interest-free

Up to 55

days

Annual fee

$0

Travel insurance

Included

Money’s take

By any standard, this is a low-cost credit card that will save travellers money, with a 0% foreign transaction fee, a relatively low ongoing interest rate on purchases and no annual credit card fee. Y...

tick

Pros

  • Low purchase rate and fees
  • 0% p.a. for 28 months on balance transfers
cross

Cons

  • Expensive for cash advances
  • No rewards
info

Additional information

      • Cash advance interest rate 21.99% p.a.
      • Minimum credit limit $6,000.
      • Purchase now, pay off later feature available
      2. Bendigo Ready Credit Card

      Int. transaction fee

      0%

      Purchase rate

      19.99%

      per annum

      Interest-free

      Up to 55

      days

      Annual fee

      $0

      Travel insurance

      Included

      Money’s take

      Another low cost card (assuming you repay the card balance in full each statement period) with no foreign transaction fees. There are no hoops to jump through to avoid the annual fee, which is rare fo...

      tick

      Pros

      • Purchase protection insurance included
      • Extended warranty cover included
      cross

      Cons

      • High interest rate
      • No rewards
      info

      Additional information

          • Mastercard Zero Liability
          • Cash advance interest rate 19.99% p.a.
          • Minimum credit limit $3,000.
          3. Bankwest Breeze Platinum Mastercard

          Int. transaction fee

          0%

          Purchase rate

          0%

          for 12 months

          then 12.99% p.a.

          Interest-free

          Up to 55

          days

          Annual fee

          $69

          Travel insurance

          Included

          Money’s take

          Offers the same travel-friendly advantages as Bankwest’s Breeze Zero Platinum Mastercard but with a slightly lower ongoing interest rate that’s waived for the first 12 months. This could be an option ...

          tick

          Pros

          • 90-day purchase security insurance
          • 0% p.a. for 12 months on purchases and balance transfers
          cross

          Cons

          • Cash advances will be expensive
          • No rewards
          info

          Additional information

              • 2% balance transfer fee applies
              • Cash advance interest rate 21.99% p.a.
              • Minimum credit limit $6,000.
              4. Latitude 28° Global Platinum Mastercard

              Int. transaction fee

              0%

              Purchase rate

              27.49%

              per annum

              Interest-free

              Up to 55

              days

              Annual fee

              $0

              Travel insurance

              Not included

              Money’s take

              No international transaction fees and no annual fee, plus a couple of other eye-catching travel perks: Access to global roaming data from eligible telco networks in 150 countries; and a flight delay p...

              tick

              Pros

              • Various deals and discounts with partner companies
              • Fast application and processing
              cross

              Cons

              • That interest rate is eye-wateringly high
              • No rewards points
              info

              Additional information

                  • Cash advance interest rate 29.99% p.a.
                  • Minimum credit limit $1,000.
                  • Late payment fee $45
                  5. Bank First Visa Platinum Credit Card

                  Int. transaction fee

                  0%

                  Purchase rate

                  9.59%

                  per annum

                  Interest-free

                  Up to 55

                  days

                  Annual fee

                  $99

                  Travel insurance

                  Included

                  Money’s take

                  This card has a lot going for it. Considering it's a low rate card, it still manages to tick most of the boxes for a travel credit card, including international travel insurance. Provided you're happy...

                  tick

                  Pros

                  • Discounts at selected airport lounges, car rentals, hotels
                  • 24/7 concierge service
                  cross

                  Cons

                  • High cash advance rate
                  • No rewards
                  info

                  Additional information

                      • Balance transfer variable rate 9.59%
                      • Cash advance variable rate 19.59%
                      • Minimum credit limit $6,000.
                      6. HSBC Low Rate Credit Card

                      Int. transaction fee

                      0%

                      Purchase rate

                      12.99%

                      per annum

                      Interest-free

                      Up to 55

                      days

                      Annual fee

                      $99

                      Travel insurance

                      Domestic only

                      Money’s take

                      The HSBC Low Rate Credit Card comes with no international transaction fees and a low interest rate on purchases of 12.99% p.a. It also offers domestic travel insurance, and an offer of 0% on balance t...

                      tick

                      Pros

                      • 0% on balance transfers for 12 months
                      • Exclusive offers and privileges available
                      cross

                      Cons

                      • Very high cash advance rate
                      • 2% balance transfer fee
                      info

                      Additional information

                          • No additional cardholder fees
                          • Cash advance interest rate 25.99% p.a.
                          • Minimum credit limit $3,000.
                          7. ING Orange One Rewards Platinum

                          Int. transaction fee

                          0%

                          Conditions apply

                          Purchase rate

                          16.99%

                          per annum

                          Interest-free

                          Up to 45

                          days

                          Annual fee

                          $149

                          Travel insurance

                          Included

                          Money’s take

                          This card ticks two major boxes for travellers: No foreign transaction fees (although there’s a big asterisk on this) and complimentary travel insurance. There’s also a cashback offer with the potenti...

                          tick

                          Pros

                          • The cashback is fairly generous
                          • The annual fee is low for what you get
                          cross

                          Cons

                          • The 0% FX fee conditions
                          • The cashback is capped
                          info

                          Additional information

                              • $10/year per additional card
                              • Cash advance interest rate 16.99% p.a.
                              • Minimum credit limit $6,000.
                              8. American Express Platinum Edge

                              Int. transaction fee

                              3%

                              Purchase rate

                              23.99%

                              per annum

                              Interest-free

                              Up to 55

                              days

                              Annual fee

                              $0

                              in 1st year

                              then $195

                              Travel insurance

                              Included

                              Money’s take

                              This card offers plenty of frequent flyer and travel perks but with a relatively modest annual fee by rewards standards. Cardholders get complimentary travel insurance, a $200 travel credit (completel...

                              tick

                              Pros

                              • Smartphone Screen Cover
                              • $200 travel credit each year
                              cross

                              Cons

                              • High interest rate
                              • High-ish annual fee after first year
                              info

                              Additional information

                                  • No fee for extra cardholders
                                  • No cash advance facility
                                  • Minimum credit limit $3,000.
                                  9. Commbank Ultimate Awards credit card

                                  Int. transaction fee

                                  0%

                                  Purchase rate

                                  20.99%

                                  per annum

                                  Interest-free

                                  Up to 44

                                  days

                                  Monthly fee

                                  $35

                                  Travel insurance

                                  Included

                                  Money’s take

                                  If you hit the minimum $4k per month spend to have the monthly fee waived, this is a low-cost card that offers a choice between Commbank Awards and Qantas points (program fee applies). There's extra p...

                                  tick

                                  Pros

                                  • Unlimited points earn
                                  • Regular fee waifed if min monthly spend is met
                                  cross

                                  Cons

                                  • High interest rate
                                  • Fewer interest-free days than some other cards
                                  info

                                  Additional information

                                      • No additional cardholder fee
                                      • Cash advance interest rate 21.99% p.a.
                                      • Minimum credit limit $6,000.
                                      10. American Express Platinum

                                      Int. transaction fee

                                      3%

                                      Purchase rate

                                      n/a

                                      Casf flow

                                      Up to 44

                                      days

                                      Annual fee

                                      $1,450

                                      Travel insurance

                                      Included

                                      Money’s take

                                      This card arguably offers more frequent flyer and travel perks than any other card in Australia: complimentary travel insurance, an annual $450 travel credit, a $400 dining credit, lounge access, up t...

                                      tick

                                      Pros

                                      • Every perk you can think of
                                      • Yep, everything
                                      cross

                                      Cons

                                      • That annual fee
                                      • 3% fee for overseas spending
                                      info

                                      Additional information

                                          • Charge card
                                          • No pre-set spending limit
                                          • Access 1,400+ airport lounges

                                          How to compare travel credit cards: 6 key questions to ask

                                          1

                                          What’s the foreign transaction fee?

                                          It will be somewhere between 0% and 3% of the transaction value depending on the card. If you spend a lot overseas, it’s worth minimising this fee as much as possible.

                                          2

                                          Will the card be accepted where I’m travelling?

                                          Mastercard and Visa are accepted almost everywhere. Amex is a bit more limited but still widely accepted in the countries Australians travel to in numbers.

                                          3

                                          What’s the interest rate?

                                          Ideally you’ll be clearing the balance of the card within the interest-free period, but if not, a lower interest rate will help you minimise your travel costs.

                                          4

                                          What’s the annual card fee?

                                          There are some credit cards with no annual fee that offer benefits for travellers, but most do come with a fee. If there is a fee, look carefully at what you’re getting in return.

                                          5

                                          Is travel insurance included?

                                          A credit card that comes with travel insurance included could save you hundreds of dollars if it means you don’t need to purchase a separate travel insurance policy. Pay attention to what is covered by the policy and if it’s suitable for you.

                                          6

                                          Are there any other travel benefits thrown in?

                                          Some travel credit cards offer lounge access (usually a limited number of passes per year), plus travel discounts credits you can put towards flights, accommodation and dining. These can be a nice ‘cherry on top’ if the rest of the card fits the bill.

                                          Expert tips for using your credit card while travelling

                                          You've got to be a bit strategic about how you’ll spend money overseas. So plan ahead. The truth is, if you don’t, the potential for getting walloped with fees or being massively inconvenienced is far greater than it is when you’re using your credit card in Australia.

                                          Here are some insider tips from credit cards expert (and frequent flyer), Brad Kelly.

                                          World globe icon

                                          Cover as many of your costs as you can before you travel

                                          As soon as you leave Australia (or buy from an overseas retailer) you become a much more profitable customer for your bank because of the fees they charge. Avoid foreign exchange fees by prepaying for as many expenses as you can (e.g. your accommodation) assuming you can do so in AUD.

                                          Coins hand icon

                                          Get clear on fees

                                          If you’re going to be spending overseas regularly, it’s worth seriously considering a credit card with 0% foreign transaction fees. This could save you up to 3.65% on every transaction. This fee is often overlooked when people apply for a credit card. Also be clear on what you’ll be charged for using an ATM. Chances are it will be a lot.

                                          Currency dollar circle icon

                                          Don’t accept the “Do you want to pay in Australian Dollars” option

                                          When you’re making a card payment overseas, a lot of the time you’ll get the option to pay in the local currency or have the amount converted to Australian dollars. Paying the AUD amount shown would seem like the sensible choice here, but trust me, it’s almost always a rip off. That option involves what’s called dynamic currency conversion which means the conversion rate is determined by the merchant and it’s usually a much worse rate than what your credit card provider will give you if you pay in the local currency.

                                          bank-note

                                          Don’t withdraw cash overseas using your credit card

                                          Using a credit card to withdraw cash at an overseas ATM is going to be very expensive. You’ll be stung with a fee from the local ATM operator (unless it happens to be a Westpac card and the ATM is part of the Global ATM alliance), a foreign transaction fee, plus a cash advance fee. You won’t get any interest-free days, meaning you’ll immediately be paying a high rate of interest on the funds you withdrew. Basically unless it’s an emergency, don’t go near an ATM with your credit card.

                                          Shield tick icon

                                          Make sure you ‘trigger’ your card’s travel insurance

                                          Even if your credit card comes with travel insurance, there’s a good chance it won’t cover your trip automatically. You usually need to trigger the cover, in many cases by booking the travel/accommodation using the card itself. If you pay in full with card points (e.g. with Qantas credit card points), that mightn’t be enough to trigger the insurance – you usually need to make an actual card purchase.

                                          Credit card plus icon

                                          Have at least one backup payment option

                                          When it comes to travel in particular, one card does not fit all. You might like the idea of using a single card for all your spending, but there are situations when a debit card will be better. Having a card from a different financial institution can also be a life-saver if your primary bank has an outage while you’re away.

                                          Bonus tip: Bring the physical card with you

                                          In Australia we’re very used to paying through a phone or watch using the likes of Apple Pay and Google Pay. But that kind of payment is not as widely accepted overseas. You’ll need to use the physical card and, for a dose of nostalgia, you may even need to insert it into a card chip reader and enter a PIN. You will also likely need to have the physical card if you’re using your card for pre-authorisation when checking into a hotel or renting a car.

                                          Sean Callery Editor Money.com.au

                                          Written by

                                          Sean Callery

                                          Sean Callery is the Editor of Money.com.au. He has over 15 years of international experience. He is qualified with a Certificate IV in Finance and Mortgage Broking (FNS40821) and is compliant to provide general advice in Tier 1 General Insurance (RG 146) products.

                                          Shaun McGowan Money.com.au founder

                                          Reviewed by

                                          Shaun McGowan

                                          Shaun McGowan is the founder of Money.com.au. He's determined to help people and businesses pay as little as possible for financial products, through education and building world class technology. Previously Shaun co-founded CarLoans.com.au and Lend.

                                          logo

                                          Our Money Promise

                                          Money Pty Ltd (trading as Money) Australian Credit Licence 528698 provides information about credit products and is authorised to do so as the holder of Australian Credit Licence 528698. Money does not compare every Lender all products or issuers available in Australia. We are not a broker or credit provider and when we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product.

                                          This material has been prepared by Money Pty Limited (ABN 40 664 954 536) (Money, ‘us’ or ‘we’). Money is a corporate authorised representative (CAR 001307399) of 62 Consulting Pty Limited (ABN 88 664 809 303) (AFSL 548573) (62C). The material is for general information only and is not an offer for the purchase or sale of any financial product or service. The material is not intended to provide you with financial or tax advice and does not take into account your objectives, financial situation or needs. Although we believe that the material is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given by 62C, Money, any of their related body corporates or any other person. To the maximum extent possible, 62C, Money, their related body corporates or any other person do not accept any liability for any statement in this material.

                                          The calculator provided on money.com.au is intended for informational and illustrative purposes only. The results generated by this calculator are based on the inputs you provide and the assumptions set by us. These results should not be considered as financial advice or a recommendation to buy or sell any financial product. By using this calculator, you acknowledge and agree to the terms set out in this disclaimer. For more detailed information, please review our full terms and conditions on the website.

                                          Assumptions:

                                          • The calculations do not account for changes in interest rates or other market conditions that may occur.
                                          • Results are approximations and may differ from actual payment schedules or amounts.
                                          • The calculator does not include all fees and charges that you may incur in relation to a financial product.

                                          Limitation

                                          • This calculator does not guarantee the availability of any financial product or the accuracy of the calculations. Please consult a financial advisor or the relevant product provider to obtain specific advice tailored to your circumstances.
                                          • money.com.au does not accept any liability for errors or omissions, or for any loss you may suffer as a result of relying on these calculations.
                                          Money Pty Ltd trading as Money

                                          ABN: 42 626 094 773 / ACL: 528698 / AFCA: 83955
                                          Money is a corporate authorised representative (CAR 001307399) of 62 Consulting Pty Limited (ABN 88 664 809 303) (AFSL 548573) (62C)
                                          aboriginal-and-torres-strait

                                          Money acknowledges Aboriginal and Torres Strait Islanders as the traditional custodians of country throughout Australia and their continuing connection to land, waters and community.

                                          © Copyright 2024 Money Pty Ltd.