What is an international transaction fee?

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Last updated 26 August 2016


We charge you an international transaction fee when you make a purchase or obtain a cash advance (whether in a foreign currency or Australian dollars):

  • While overseas; or
  • In Australia (for example online) where there is an overseas connection, as the merchant, or the financial institution or entity processing the transaction, is located overseas.


The international transaction fee for these transactions is:

  • Transactions converted by MasterCard® or Visa - 3.00%
  • Transactions converted by American Express® - 2.00% (plus a currency conversion factor of 1.50% which is included in the converted transaction amount)
  • Transactions in Australian dollars but with an overseas connection - 3.00%

In some cases, overseas merchants may allow you to pay in Australian dollars, e.g. when you’re shopping online or over the phone. This is still considered an international transaction because your transaction is processed overseas.

Note: Even though a merchant has a website address ending in ‘.com.au’ and displays prices in Australian dollars, they may still be located overseas or otherwise choose to process their credit card payments outside of Australia.  It’s best to check with the merchant before you pay if you are unsure.

For more info, please refer to our fees and charges for credit cards.

MasterCard is a registered trademark of MasterCard International Incorporated. American Express® is a registered trademark of American Express.

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