Currency & Rates
There are two ways you can load and spend with Qantas Pay:
1. Load foreign exchange and lock in the exchange rate before you go
With 10 foreign currencies to choose from, you can lock in the rate to avoid currency fluctuations3 and help you budget on your travels.
2. Load Australian dollars and spend worldwide
If you’re travelling to a destination where we don’t offer a locked in rate – such as Bali, Vietnam or South Africa, you can load and spend Australian dollars. Our daily rate for the currency you’re spending in will apply. Use our Currency Conversion Tool to check the exchange rate daily.
Spending between currencies
If you don’t have enough of one particular currency loaded to pay for a transaction, other currencies you’ve loaded can be used instead (with the applicable currency exchange rate applied). Which means you always have access to the money you need, whenever you need it.
For more information about spending between currencies, moving funds between currencies, transferring funds plus more, our FAQ is a good place to start.
Fees & charges
Unlike some prepaid cards, Qantas Pay offers fee-free load options, plus no monthly or annual fees, making your holiday money travel further.
Eligible Australians can receive complimentary Qantas Frequent Flyer membership - a saving of $99.50.
Join here.
The table below makes it easy to understand what’s free and what carries a fee when it comes to using Qantas Pay.
| Fee | Value |
|---|---|
| Purchase, transaction, cash out, card to card transfer or monthly fee | No fee9 |
| Currency conversion fee | No fees5 |
| International ATM withdrawal fee (outside Australia) | AUD 1.95; USD 1.95; GBP 1.25; EUR 1.50; THB 70; NZD 2.50; SGD 2.50; HKD 15.00; CAD 2.00; JPY 160; AED 6.506 |
| Bank Transfer or BPAY® load fee | No fee |
| Debit Card Load fee | 0.5% of the total load amount10 |
Top tip
When making a purchase or an ATM withdrawal overseas, you may be asked if you would like to transact in Australian dollars or the local currency. If you have the local currency loaded onto Qantas Pay select to pay in the local currency. (If you select to pay in Australian dollars, this may result in a foreign exchange transaction at an additional cost to you).
Limits
With all the great benefits Qantas Pay offers, we know you’ll be keen to start using your card. But before you head off, there are a few important things you need to be aware of.
| Summary | Limit |
|---|---|
| Maximum number of Qantas Pay facilities you may hold in your name at any one time | One |
| Minimum amount you can load on Qantas Pay per load | AUD $50 |
| Maximum individual amount you can load on Qantas Pay in any 24 hour period (see additional requirements for Instant Loads below) | AUD $20,000 |
| Maximum amount you can load on Qantas Pay using Instant Load | AUD $15,000 in any 24 hour period AUD $30,000 in any 7 day period AUD $60,000 in any 30 day period |
| Maximum you can withdraw from ATMs in any 24 hour period (some ATM operators may set their own withdrawal limits which may be lower than this limit) | AUD $3,000 or foreign currency equivalent |
| Maximum you can transfer using the Card to card feature either via the website or Mobile App in any 24-hour period | AUD 3,000 or equivalent |
| Maximum value of point of sale (POS) transactions performed in any 24 hour period | AUD $15,000 or foreign currency equivalent |
| Maximum balance allowed at any one time across all currencies | AUD $100,000 or foreign currency equivalent |
| Maximum amount you can load/reload across all currencies during a 12 month period | AUD $100,000 or foreign currency equivalent |
| Minimum balance allowed at any one time | AUD $0.00 No overdraft facility available |
| Cash over the counter limit | AUD $350 or foreign currency equivalent11 |