The following fees and limits apply. Fees and limits are subject to variation in accordance with the Terms and Conditions. Unless otherwise specified, all fees will be debited in AU$ Currency. If there are insufficient funds in AU$ Currency to pay such fees, then we will automatically deduct funds from other Currencies in the following order of priority: AU$, US$, EU€, GB£, NZ$, HK$, SG$.
| Fees |
AU$ |
US$ |
EU€ |
GB£ |
NZ$ |
HK$ |
SG$ |
Initial Card fee and Distribution Outlet reload fee
• Charged at the time of purchase / Distribution Outlet reload
• This fee is set and charged by the agent from which you purchased the Card |
The greater of 1.1% of the initial load / reload amount or AU$15.00
For example, for an agent charging a 1.1% initial load fee, if you purchase a Multi-currency Cash Passport Card and load AU$1,000, you would be charged (AU$1000 x 1.1% = AU$11), unless a minimum fee of AU$15 applies.
|
| Replacement Card fee |
FREE |
BPAY® reload fee
• This fee is set and charged by Access |
1% of the reload amount
For example, a reload of AU$500 attracts a fee of 1% (AU$500 x 1% = AU$5) which will be deducted from your reload. The amount of your reload will therefore be AU$495.
|
| Secondary Card fee |
1 FREE provided at same time |
| International ATM withdrawal fee (outside Australia) |
FREE*
*some ATM operators may charge an additional withdrawal fee
|
Domestic ATM withdrawal fee - where you use your Card to make
a withdrawal from ATMs in Australia from your AU$ Currency
(for more details refer to clause 9.4 of the Terms and Conditions)
• For example: If you have AU$ funds on your Card and withdraw AU$500 from an ATM in Australia it will attract an fee of AU$14.75 (AU$500x2.95%).
This will be charged at the time of withdrawal |
2.95% of the amount withdrawn
|
| Cash over the counter fee (where cash is obtained over the counter) |
AU$10.00 |
Monthly inactivity fee
• Charged at the start of each month if you have not made any transactions on the Card in the previous 12 months
• Unless your Card is used again, or reloaded, this fee applies each month until the Card is closed or the remaining Card balance is less than the inactivity fee |
AU$4.00 PER MONTH
|
| 24/7 Cash Passport Global Emergency Assistance |
FREE |
| Negative balance fee charged when a negative balance arises on your Card |
AU$20.00 |
Cash Passport closure fee
• Charged when you close your Card. This fee is set and charged by Access |
AU$10.00 |
Currency to Currency foreign exchange rate
• This is applied when you move your funds from one Currency to another Currency. |
At the then applicable retail foreign exchange rate determined by us.
We will notify you of the rate that will apply at the time you allocate your
funds from one Currency to another |
Currency conversion fee
• Applied when a purchase or ATM withdrawal is conducted in a currency either not loaded or insufficient to complete the transaction and the cost is allocated against the Currency/ies used to fund the transaction. |
MasterCard® rate plus 5.95%. The MasterCard rate is the exchange
rate determined by MasterCard to be their wholesale rate or the
government mandated rate in effect in the day the transaction is
processed by MasterCard. |
Important information about different transactions
A foreign exchange margin applies to the transaction amount if the Card is used for withdrawals in any currency other than a currency available on the Card. The applicable margin applied to the converted currency transaction amount is 5.95%.
Example of Foreign Exchange Margin for a Card loaded with AU$ only:
Suppose you make a withdrawal from an ATM outside Australia (in Brazil) for Brazilian Real BRL50.00 and the prevailing exchange rate, set by MasterCard, is BRL1.00 = AU$1.34. Before the foreign exchange margin applies, this would equate to AU$67.00 (BRL50.00 x 1.34). After
the foreign exchange margin of AU$3.99 is applied (AU$67.00 x 5.95%), this would equate to AU$70.99 (AU$67.00 + AU$3.99).
Where you do not have a balance in the currency of the transaction, your Card Fund will be debited according to the default order of priority, which is as follows: AU$, US$, EU€, GB£, NZ$, HK$, SG$. In addition, we will debit the balance of each Currency in this order until the relevant transaction amount has been satisfied
| Limits |
AU$ |
US$ |
EU€ |
GB£ |
NZ$ |
HK$ |
SG$ |
| Maximum number of Multi-currency Cards you may hold in your name at any one time (not including the linked Secondary Card provided to you at the time of purchase). |
One
|
| Maximum amount you can load/reload on your Card |
AU$100,000 or currency equivalent |
| Maximum BPAY® reload amount per day |
AU$25,000 |
| Maximum balance allowed across all currencies during any 12 month period |
AU$100,000 |
| Cash over the counter limit in any 24 hour period |
AU$350 |
| 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) |
AU$3,000 or currency equivalent |
| Maximum value of EFTPOS transactions during any 24 hour period |
AU$15,000 or currency equivalent |
| Maximum balance allowed at any one time across all Currencies |
AU$100,000 |
Access Prepaid Australia Pty Ltd (ABN 47 145 452 044, AFSL 386 837) arranges for the issue of the Multi-currency Cash Passport in conjunction with the issuer, Heritage Bank Ltd (ABN 32 087 652 024, AFSL 240 984).
MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.