Can I use my Commonwealth debit card overseas? (2024)

Can I use my Commonwealth debit card overseas?

Using debit cards overseas

Do I need to tell CommBank I'm going overseas?

Being organised ahead of your international adventure can give you back precious time to enjoy your time away. Tell us you're going away in NetBank and the CommBank app > Overseas travel > Tell us about your trip so we can keep an eye out for any suspicious transactions.

Does Commonwealth charge international transaction fees?

You will be charged each time you withdraw from an ATM or pay for items overseas or online with an overseas connection. This fee is 3% of the transaction value.

Will I get charged using my debit card abroad?

There may be additional charges from cash machines or banks when you withdraw money abroad or in a foreign currency. Check before you make the transaction.

Can I use my debit card internationally?

It's possible to use a debit card to pay for things when traveling internationally. However, it's always important to be prepared. By planning ahead and taking care with each transaction, people can avoid potential extra expenses such as foreign transaction fees or ATM withdrawals.

What happens if I use my CommBank card overseas?

Using debit cards overseas

Use your debit cards to pay in-store and withdraw cash using your Debit Mastercard (look for the Mastercard symbol) or Keycard (look for the Cirrus symbol) to withdraw up to the equivalent of $2,000 AUD a day in local currency. Keep in mind that international ATM and EFTPOS fees may apply.

How to avoid international transaction fees with Commonwealth Bank?

Dedicated foreign currency travel cards from Commonwealth Bank. Setting up a travel money card can help you save on fees and charges, secure a more favourable exchange rate and reduce the security risks of using your debit card overseas. Other alternatives for dedicated travel money cards include options from: Wise.

How much does the Commonwealth charge for ATMs overseas?

Is it better to use a debit or credit card abroad?

Credit cards also tend to be safer to use abroad. If your debit card is hacked or stolen while away, then the money in your account is at risk. This is not the case with a credit card as only the money up to your credit limit is at risk. There is also something called Section 75 of the Consumer Credit Act.

Which ATMs are free for Commonwealth Bank?

No ATM withdrawal fee access applies to CommBank-branded ATMs and excludes Bankwest ATMs and customers using overseas cards.

How can I avoid debit card fees abroad?

A good rule of thumb when traveling is to select the local currency during payment to avoid conversion fees and to use a card that doesn't charge foreign transaction fees. Cash withdrawals from international ATMs are also subject to fees.

Which debit cards are free for abroad?

Which debit card is best for international travel?

What debit card does not charge international fees?

Banks With No Foreign Transaction Debit Card or ATM Fees

Capital One's 360 products, including its checking account, charge no additional fees when you use your debit card abroad. The Schwab Bank Investor Checking account charges no foreign transaction fees and offers unlimited ATM fee rebates.

Does CommBank allow international transactions?

Our international products and services

Your funds are secure because the transfer is made through the international banking system into your recipient's bank account. You can send an International Money Transfer online in NetBank, with the CommBank app or in any branch.

Does CommBank allow international purchases?

We charge you an international transaction fee when you make a purchase or obtain a cash advance (whether in a foreign currency or Australian dollars): While overseas; or.

Do I need to tell my bank I'm traveling?

Notify Your Bank

Inform your bank and credit card company of your travel plans, so they do not flag charges you make in another country as fraudulent. Some companies allow you to enter travel dates online, or call your bank directly.

What is the international payment limit for Commonwealth Bank?

$5,000 for International money transfers.

What is the best way to withdraw money overseas?

Getting a travel debit card, like the Wise card, can be a good option for taking money out from ATMs in the local currency. With Wise you get some fee free withdrawals every month, with low costs after that - plus there's no foreign transaction fee, and you'll get the mid-market rate every time.

Does Commonwealth Bank have a travel card?

You can load up to 13 currencies on your Travel Money Card with no load or reload fees. The exchange rate is the CommBank Retail Foreign Exchange Rate at the time of the conversion. When you're ready to pay for something, we will always try to complete the transaction for the country you are in.

How much does CommBank charge for currency conversion?

The rate applicable is the Visa exchange rate at the time of the conversion plus 3.00%. Transferring from a foreign currency to another foreign currency: The rate applicable is the CommBank Retail Foreign Exchange Rate at the time of the conversion.

What is the best way to pay for things in Australia?

VISA or MasterCard can be used everywhere credit cards are accepted. American Express and Diners Club are accepted at major supermarkets, department store chains and tourist destinations. A good tip is to carry multiple credit cards and a little cash. Merchants may impose credit card surcharges in some places.

What is the maximum cash out limit at Commonwealth Bank ATM?

Keycards, Debit Mastercards and Business Visa Debit Cards have a maximum limit of $2,000 per day.

Can I use CommBank card at any ATM?

Debit Mastercard is accepted at more than 35 million locations worldwide. You can also use it to withdraw cash from any ATM that displays the Maestro, Mastercard or Cirrus logo. If either cards are lost or stolen when you're overseas you can: Cancel and order replacement CommBank cards in NetBank or in the CommBank app.

What are the tap and go fees for Commonwealth Bank?

When a customer uses tap-and-go banks charge a fee that ranges from 1.1% to 2 per cent of the purchase price, whereas for EFTPOS is a maximum fee of . 5% is charged.