No matter what’s going on in the world, you can’t keep Australians away from big adventures; it’s in our DNA. While Mastercard Cash Passport™ can’t make flights cheaper (sadly) or travel friction-free, it can help make holiday spending safer, simpler, and more secure. Here’s why Cash Passport is your number one travel safety tool.
With scammers getting savvier, exchange rates shifting rapidly, and cash riskier than ever to carry, Cash Passport is the simple money security tool every traveller needs.
Whether you’re on safari in South Africa, sipping limoncello in Southern Italy, or exploring cowboy country in Texas, Cash Passport allows you to load all your holiday funds in one place.
Use it as you would any credit or debit card, only with your pre-loaded funds. Swipe in-store, tap using Google Pay™, shop online, or withdraw funds at an ATM in the local currency. You even get complimentary Purchase Protection cover#!
Safe and sound with Cash Passport
That all sounds great, right? Wait until you find out how Cash Passport keeps your holiday funds separate from your everyday bank accounts.
Protect your travel and home funds
With digital wallets and smartphones, it’s never been easier to tap and go while abroad. But should you be using your regular bank account just because you can?
Not if you’d rather keep your salary, savings, and home accounts safe! Because when you use your regular bank account overseas, those funds are at risk from scams, fraud, and theft.
As a prepaid travel card – with no connection to your main accounts – your finances are secure with Cash Passport, leaving you in peace to waltz around your destination without a care in the world.
Zero liability; max peace of mind
Cash Passport provides you with a solution to keep your travel funds secure, avoiding the need to use your regular bank accounts overseas. Backed by Mastercard’s Zero liability protection, you’re not held responsible for unauthorised transactions made on your Cash Passport card.
Covering tap, signature, and PIN-based transactions – in-store, online, by phone, or at the ATM – if scammers or pickpockets do get access, your funds are covered.
Lock-it, block it, holiday on
Every customer has access to MyAccount and the free, very handy Cash Passport app. It’s more than a place to check your balance and reload funds; it’s also where you’ll head if your card is lost or stolen or has suspicious transactions.
Once in the app, it’s easy to lock your card to stop wannabe thieves in their tracks.
Beating the tricksters
Say your wallet disappears between the market and the metro or a dodgy card reader duplicates your deets. Not ideal, obviously. But with Cash Passport, you’re not relying on your Spidey senses and crossed fingers to hope your funds haven’t been spent on one of those $350 Louis Vuitton viral chocolate bags.
Report your card lost, cloned, or stolen as soon as you’re aware of it, and there’ll be no recourse to you for any fraudulent transactions. Which is huge.
As Mastercard deals with the sophistication of today’s tricksters 24/7, they know it would be unfair to expect you to stay one step ahead of a savvy scammer masquerading as your bank/doctor/phone company. They have a huge fraud department for that!
Round-the-clock support
If the worst does happen, there is someone on hand to assist 24/7. The friendly team can help you lock or cancel your card, get your card replaced while you’re still on your trip, and may even assist with access to emergency funds if needed**.
Other reasons to love Cash Passport
Financial safety aside, there are plenty of other reasons to be Cash Passport obsessed. Namely:
- Use it globally everywhere Mastercard is accepted, which is almost every country in the world. So, unless you’re heading to somewhere like North Korea for your annual vacay, you’ll be able to freely pay with your card.
- You can lock your exchange rate* in when it feels most favourable. This is particularly brilliant when you’re setting money aside for your big trip and notice a strong AUD.
- You can now load up your card with 17 destination currencies. Recently, South African Rand (ZAR), Swiss Franc (CHF), Swedish Krona (SEK), Danish Krona (DKK), Norwegian Krona (NOK), and Fijian Dollar (FJD) joined Australian Dollar (AUD), United Arab Emirate Dirhams (AED), Canadian Dollars (CAD), Euros (EUR), British Pounds (GBP), Hong Kong Dollars (HKD), Japanese Yen (JPY), New Zealand Dollars (NZD), Singapore Dollars (SGD), Thai Baht (THB), and US Dollars (USD) making it even easier to budget for and during your trip.
- There’s no need to worry about unknown charges while on your hols. You can shop like a local in your locked-in currency with no foreign transaction fees^.
- The free 4.4-star-rated Cash Passport app is easy to use to track your balance, transactions, and reload more cash when you *must* get those $300 leather shoes from Spain.
Learn more
To get a Cash Passport account, visit a participating travel agent or click here. Once you have received and activated your physical card (allow three to five business days if ordering online), you’ll be able to use your Cash Passport on Google Pay, too.
Agents, contact agentsupport@mastercard.com or call 1800 085 537 to register for Cash Passport or top up your supplies.
T&Cs: Mastercard Prepaid Management Services Australia Pty Ltd (ABN 47 145 452 044, AFSL 386 837) arranges for the issue of the Multi-currency Cash Passport™ (“Cash Passport”) and Cash Passport™ Platinum Mastercard® (“Cash Passport Platinum”) in conjunction with the issuer, EML Payment Solutions Limited (‘EML’) ABN 30 131 436 532 , AFSL 404131. You should consider the Product Disclosure Statement for the relevant Cash Passport facility available at www.cashpassport.com.au before deciding to acquire the products. Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider if it is appropriate for you. Consider Target Market Determination and Financial Services Guide.
*Lock in exchange rates means the exchange rate is locked in for the initial load only. The exchange rates for subsequent reloads will be set at the prevailing exchange rate at the time of the transaction.
^Other fees may be charged by third parties for the transaction (e.g. your debit card issuer).
#T&Cs, exclusions and limits apply. Issued by AIG Insurance.
**T&Cs apply. Customer must contact Customer Service to report lost or stolen card. Emergency cash can be arranged up to the balance on your Cash Passport, subject to availability of funds at the approved agent location.
This article is brought to you by Cash Passport.
