Limits
| Limit Type | Limit |
|---|---|
| Maximum number of cards you may hold in your name at any one time | One |
| Maximum amount per load/reload | NZD$25,000 or currency equivalent |
| Maximum amount per load/reload using a debit card | NZD$15,000 in any 24 hour period NZD$30,000 in any 7 day period NZD$60,000 in any 30 day period |
| Maximum Bank Transfer Load amount per day | NZD$25,000 |
| 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) | NZD$3,000 or currency equivalent |
| Maximum value of point of sale (POS) transactions performed in any 24-hour period | NZD$15,000 or currency equivalent |
| Maximum balance allowed at any one time across all currencies | NZD$75,000 |
| Maximum amount you can load across all currencies during a 12-month period | NZD$75,000 |
| Minimum amount per load/reload | NZD$10 or currency equivalent |
Fees
| Fee Type | Fee |
|---|---|
| Initial card/Card Issue fee | Free |
| Replacement Card | Free |
| Bank Transfer Load fee | Free |
| Debit card Load fee | 1.5% of load amount |
| International ATM withdrawal fee (outside New Zealand) |
Free (some ATM operators may independently charge fees) |
| Domestic ATM withdrawal fee | NZD$4 |
| Monthly Account/Inactivity fee Charged at the start of each month if you have not made any transactions in the previous 12 months |
Free |
| Cash Out/Unload fee When you close or Cash Out your Westpac Global Currency Card. |
Free |
| 24/7 Global Emergency Assistance International calling fees and mobile charges may apply, contact your provider for further details. |
Free |
| Currency conversion fee Applied when a purchase or ATM withdrawal is conducted in a currency not loaded or where the loaded currency balance is insufficient and funds are automatically converted from another currency to complete the transaction. |
Mastercard rate plus 2.95% of the transaction value. 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. |
Exchanges Rates
| Exchange Type | Exchange Rate |
|---|---|
| Online Currency Load or Reload Where you load funds in a foreign currency (i.e. a currency that is not NZ dollars) |
At the then applicable retail foreign exchange rate determined by us. This rate reflects Mastercard Prepaid Management Services’ cost price plus a margin determined by Mastercard Prepaid Management Services.1 |
| Currency to Currency Transfer Applies when you move funds from one currency to another or when you request a Cash Out and you have funds in a foreign currency |
At the then applicable retail foreign exchange rate as determined by Mastercard.1 |
| Bank Transfer Reload (where the default currency is not NZD, and the cardholder completes a Bank Transfer to pay funds onto their card without booking an Online Reload via the website) | At the then applicable retail foreign exchange rate as determined by Mastercard.1 |
1. For online reloads we will notify you of the rate that will apply at the time you book your transaction or allocate your funds between relevant currencies (further terms and conditions may apply and will be provided to you at that time). |