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The 5 Best Travel Money Cards for Europe in 2024

Europe is one of Australia’s favourite destinations and with all its attractions, weather and food it's not hard to see why thousands of Australians each year.

In Europe you are likely to pay for accommodation, food, transport and entertainment as well as withdraw cash from ATMs with your card.

We have compared a large number of the best travel cards and have summarised their best points.

Euro Cash

Best 5 Travel Money Cards for Europe:

Wise Multi Currency Prepaid Card - Best Exchange Rates

  • 40+ currencies available
  • Best exchange rates globally
  • One of the lowest conversion fee on the market
  • No international transaction fees
  • No annual or monthly fees
  • Extremely low costs to send money overseas
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Wise Travel Card

  • Cross currency conversion fees are between 0.24–3.69%. AUD to USD, EUR or GBP was 0.42%, which is one of the lowest on the market
  • Free cash withdrawals up to $350 every 30 days. However after that, Wise charge a fixed fee of $1.50 per transaction + 1.75%
  • Daily ATM withdrawal is $2,700
  • Issue up to 3 virtual cards for temporary usage
  • It takes between 7 to 14 business days to receive your card
  • Can be used wherever MasterCard is accepted

The Wise Travel Card is a prime selection for travelers embarking on a European adventure. It offers over 40 currencies at the intermarket exchange rate, which is the cheapest rate globally. In addition you can buy goods online from overseas with no transaction fee plus get the best exchange rate. However if you use ATMs frequently this is not the card to use due to the fees. Finally Wise Travel Card lets you transfer money to an overseas bank account with extremely low fees and the best exchange rate.

Revolut - Low Fees

  • 30+ currencies available
  • One of the best exchange rates globally
  • No international transaction fees
  • No annual or monthly fees for standard membership
  • No initial card fee
  • Instant access to a range of cryptocurrencies
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Revolut Travel Card

  • No fee ATM withdrawals up to A$350, or 5 ATM withdrawals, whichever comes first, per rolling 30 day period and 2% of withdrawal amount (minimum charge of A$1.50) after that
  • Exchanging currency on the weekend can incur a 1% mark-up fee
  • Fees on international money transfers were introduced in April 2021.
  • Can be used wherever Visa is accepted

The Revolut Travel Card is a decent option for those who travel a lot as it offers over 30 currencies at a great exchange rate, which is the cheapest rate globally. However if you exchange currency on the weekend you can incur a one-percent mark-up fee. In addition they have introduced fees for international transfers. Finally if you use ATMs frequently this is not the card to use due to the fees.

Travelex Money Card - Best All Rounder

Best Features

  • Unlimited free ATM withdrawals
  • 24/7 Emergency Assistance
  • Initial and replacement card are free
  • No international transaction fees
  • Lock in up to 10 currencies
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Travelex Money Card

  • Minimum load of $100 and maximum load of $100,000
  • Can be used wherever Mastercard is accepted
  • Fees include a $10 closure fee, $5 for an additional card and $4 inactivity monthly fee.
  • While Travelex don't charge ATM fees, some ATM operators may charge their own fees.
  • Currencies that can be loaded are AU$, US$, EU€, GB£, NZ$, TH฿, CA$, HK$, JP¥, SG$
  • If your card is lost or stolen you can access cash in your account through Moneygram or Western Union agents, with no charge
  • Boingo hotspots offer free wifi and you can look at their number of free hotspots per country on this map

The Travelex Money Card is a good all-rounder no matter if you are heading to the romantic streets of Paris, the historic sites of Rome, or the lively atmosphere of Barcelona.

You can use it to take money out of the ATM, for merchant purchases like restaurants and even for online shopping in foreign currency. While the exchange rates aren't as good as Wise or Revolut, the support network if the card is lost or stolen is very good. This advantage can be notably beneficial when journeying through the diverse countries of Europe.

Bankwest Breeze Platinum Credit Card - Lowest Interest Rate

Best Features

  • Lowest interest rate at 9.90%
  • No international transaction fees on purchases
  • Up to 55 days interest free on purchases
  • Low annual fee
  • Complimentary international travel insurance
Bankwest Breeze Platinum Credit Card is one of the 5 travel money cards for Europe in 2022
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Bankwest Breeze Platinum Credit Card

  • Free annual fee first year, then $69 annual fee
  • Free international travel insurance that includes the basics but does not cover cancellation costs, pre existing conditions and travellers over 80
  • $6,000 minimum credit card
  • 0% p.a. on purchases and balance transfers for the first 15 months, then reverts to 9.90%
  • 21.99% interest rate on purchases and cash advances
  • Cash advance fee of the higher of $4 or 2% of cash advance
  • Can be used wherever Mastercard is accepted

The Bankwest Breeze Platinum is a great no frills credit card that offers ‘no foreign transaction fees’ and the lowest interest rate on the market, at 9.90%. These two factors alone will save you hundreds of dollars when travelling throughout Europe.

In addition it has a low annual fee and complimentary international travel insurance. Finally for its price point it is a great value credit card that will be accepted most places in Europe.

Macquarie Transaction Debit Card

Best Features

  • No ATM fees overseas or ATM fees in Australia
  • No monthly fees or initial card fees
  • No foreign transaction fee
  • Contactless limit with no PIN up to $200 per transaction
  • Joint accounts available
Macquarie Transaction card is one of the top 5 travel money cards to take to Europe
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Macquarie Transaction Account Debit Card

  • Simple and easy to work out costs for account
  • Can be used in Australia as an EFTPOS card
  • Instant transfers can be made using PayID and OSKO
  • Works with Apple Pay, Google Pay, Fitbit and Garmin
  • Available to 14 year olds and older
  • Easily lock and unlock your card in the app if your card is lost or stolen
  • Multi award winning account including Mozo Best Everyday Savings for 2021
  • $2,000 daily limit for ATM withdrawals
  • Exchange rates are MasterCard exchange rates, which are normally 2% - 6%+ the market rate
  • Get discounts of up to 10% on eGift cards to use at over 50 leading retailers
  • Added security with a mobile app that sends actionable push notifications for you to approve or deny online transactions and account activity
  • Tools for spending each time you make a transaction, it’s automatically categorised into groups such as groceries, travel, leisure or technology. In addition you can see how you're spending at a glance and over time.
  • Can be used wherever MasterCard is accepted

If you want a debit card you can use in Australia or in Europe without paying fees at ATMs then the Macquarie Bank Transaction debit card is a good fit. It has no foreign transaction fees, no ATM fees in Australia or overseas and no monthly fees. In addition the only fee you will pay is the currency conversion charged by Mastercard.

The debit card works in Australia and the contactless limit is $200, which is super handy. It also works with Apple Pay, Google Pay, Fitbit and Garmin. Finally it has tools to help you track your spending, can be given to teenagers over 14 and is easy to lock or unlock your card through the app if lost or stolen.

Learn more about the best credit, debit and prepaid cards for travel


Which travel card is best for Europe?

The best travel card for Europe does not charge for international transactions, has a very competitive currency exchange rate for Euro, does not charge for cash withdrawals at ATMs and you are able to use it within Australia as well. We suggest taking at least one credit card, like the BankWest Platinum Breeze or the ING One Low Rate and one debit card linked to foreign currencies at competitive rates like the Wise Multi Currency and Citibank Plus Global Currency. In addition we recommend taking a back up ATM card like the Macquarie Transaction debit card to reduce the cost of ATM withdrawals around Europe.

Should I take Euros with me?

Yes you should, ordering euro from S Money will be cheaper than withdrawing money from an ATM overseas. In fact, taking both cash and a card can be a great way to bring money to Europe. It is also more convenient to have cash on you before you arrive, one less thing to do in the airport when you arrive. Finally it's handy to have cash to tip, for smaller purchases or transport.

What cards can be used in Europe?

Debit cards, prepaid cards and credit cards with Mastercard or Visa can be used in Europe in most places. Similar to Australia, American Express is also accepted but not as frequently, due to the costs American Express places on the seller. Best to avoid other types of cards as they might not be accepted.

Can you put euros on a card?

Yes you can place Euros on a prepaid travel card or you can have your debit account linked to currency accounts like with Wise and Citibank. Most prepaid travel cards have hefty fees including initial card, loading, reloading, inactivity and ATM fees so while they are handy, there are cheaper alternatives on the market.

Do Mastercard debit cards work in Europe?

Yes Mastercard debit cards work in Europe and are one of the two cards most commonly accepted throughout Europe. If the ATM has a Mastercard, Cirrus or Maestro logo on it, two different coloured circles overlapping you can withdraw local currency with your Mastercard debit card.

How much money do I need per day in Europe?

As a general rule, working out how much spending money to take to Europe depends on where you go and your type of travel. If you travel on a budget to Eastern Europe it can cost $60 - $100 a day. If you travel in the middle range throughout Europe it can cost $250 - $300 per day. Finally if you travel with luxury throughout Europe it can cost anywhere from $400 per day.

Is it better to use a debit card in Europe?

Yes it is better to use a debit card in Europe as it is cheaper than using funds from a credit card which have an interest rate typically of 20%, they are accepted in most places for payment, they are secure and you can transfer money into the account easily overseas.

More Travel Card Guides

Learn more about the best travel money cards for your holiday destination.