Prepaid/Travel Cards - MS in Australia
Prepaid/Travel cards are used for making immediate payments when travelling abroad. They are pre-loaded with the money you credit. They can be used as regular regional currency. It is essential to have Prepaid/travel cards before you travel to Australia.
Table of contents
Typical time required: 1-3 days
There are several reasons as to why you need to get yourself a prepaid card:
- Your initial expenses in Australia can be really high but you may have limitations on the amount of cash you can initially debit from your bank account. Thus, it is safe to carry your money in a travel card than carrying hard cash.
- Prepaid/Travel cards will assist you well until you have your Australian bank’s debit card. Travel cards can be used anywhere with payment terminals (buses, markets, restaurants, etc.) and without any additional service fee.
Required documents
- Passport
- Flight Ticket
- PAN Card or Aadhar Card
- Australian Visa
Step by step guide
- Step I: Click on either of the links given above and submit your details. You will receive a call from the representatives of your chosen service provider.
- Step II: Enquire the best exchange rate they can offer. Sometimes this can be negotiated.
- Step III: Representatives might directly visit your home to collect your records and documents, or you may need to visit their nearest branch. Once the documents have been received, you will get your travel card immediately.
- Step IV: You will be contacted by the service provider asking you to transfer money to a specific account /link to pay via Credit card.
- Step V: You need to transfer the money worth $XXX + Service Fee.
- Step VI: Your prepaid card will be activated within 24 hours of money transfer.
Make sure to check if the travel card works, before you leave.