Help us improve our website by completing a quick survey. Start survey now

Commonwealth Bank media release

COMMONWEALTH BANK’S TRAVEL MONEY CARD NOW OFFERS CHINESE AND EMIRATI CURRENCIES

Commonwealth Bank is the first Australian bank to offer Chinese Renminbi (CNY) and Emirati Dirham (AED) to its prepaid multi-currency MasterCard – the Travel Money Card.

The two new currencies have been introduced to meet customer needs from growing Australian tourism to China and the United Arab Emirates.

“China is an increasingly popular travel destination for many Australians and Dubai is also proving to be a popular stopover on the way to Europe. Having convenient access to the Chinese Renminbi and Emirati Dirham is especially timely for travellers planning their Christmas holidays,” Commonwealth Bank Executive General Manager, Lyn Cobley said.

The two new currencies follow the introduction of the Vietnamese Dong (VND) and Thai Baht (THB) earlier this year. Commonwealth Bank Travel Money Card now offers 13 currencies – more than any other multi-currency prepaid card in the market.

Ms Cobley says customers are looking for the convenience of a card that can offer multiple currencies with the benefit of two cards at purchase.

“Customers are provided with two cards when they purchase a Travel Money Card. Should one card be misplaced or stolen, the backup card ensures customers continue to have access to their cash while abroad, providing convenience and peace of mind,” Ms Cobley said.

The Travel Money Card enables cardholders to lock in currencies at a defined rate prior to travel, and provides worldwide accessibility to funds at over 35 million MasterCard locations, whether online, over the phone or in-store.

Additionally, travellers can track their budget and spending while overseas and have 24/7 access to Travel Money Online via the CommBank app, which provides balances,   transaction history and transfers between currencies at any time. CommBank customers are also able to top up their Travel Money Cards by utilising same day transfers via BPAY, phone and in branch.

  • US Dollar
  • Euro
  • Great Britain Pound
  • Australian Dollar
  • Japanese Yen
  • New Zealand Dollar
  • Hong Kong Dollar
  • Canadian Dollar
  • Singapore Dollar
  • Thai Baht
  • Vietnamese Dong
  • Chinese Renminbi
  • Emirati Dirham

 

--ENDS--

 

Media contact:


Steve Batten
Commonwealth Bank
(02) 9118 7050

Loading…