Qantas Airlines
Qantas Aquire
Qantas Points
Qantas Epiqure
Qantas Store
Qantas Golf Club

Currencies

With Qantas Cash there are a number of ways you can load and spend foreign currency:

  • Lock in the exchange rate before you go - with 10 currencies to choose from you can lock in the rate to avoid currency fluctuations and know exactly what you have available to spend on your travels. 
  • Load Australian Dollars and spend worldwide - if you’re travelling to a destination where we don’t offer a locked in rate - such as Bali, China or South Africa, you can load and spend Australian Dollars and the Qantas Cash Daily Rate will be applied to any spend. You can use the currency conversion tool to check the exchange rate on a daily basis and check what rates will apply to your purchases or ATM withdrawals.

Lock in the exchange rate

Check out today's rates for our 10 loadable currencies in the table below. The handy currency converter tool will tell you exactly how much your Australian Dollars will buy of these currencies if loaded today.

Today's Exchange Rates for loading funds

Currency Rate
USD United States Dollar 0.6732
CAD Canadian Dollar 0.9252
JPY Japanese Yen 76.3585
HKD Hong Kong Dollar 5.2166
NZD New Zealand Dollar 1.013
EUR Euro 0.5909
SGD Singapore Dollar 0.933
GBP Great British Pound 0.4617
THB Thai Baht 23.2472
AED UAE Dirham 2.4078
Currency Converter

Buy and lock in your foreign currency exchange rates anytime anywhere.

If I have

AUD FlagAUD

Enter amount

It is worth

USD Flag USD
Load Funds

Load Australian Dollars and spend worldwide

Simply load Australian Dollars and be safe in the knowledge that you can spend at millions of Mastercard locations worldwide with a 0% currency conversion fee. We will simply apply the Qantas Cash Daily Rate when you spend.

Click here to see our Qantas Cash Daily Rates.

 

Frequently asked questions

Currencies and exchange rates

Which currencies are available on Qantas Cash?

You can load any of the following currencies:

1. Australian Dollars (AUD)

2. United States Dollars (USD)

3. Great British Pounds (GBP)

4. Euros (EUR)

5. Thai Baht (THB)

6. New Zealand Dollars (NZD)

7. Singapore Dollars (SGD)

8. Hong Kong Dollars (HKD)

9. Canadian Dollars (CAD)

10. Japanese Yen (JPY)

11. United Arab Emirates Dirham (AED)

You can also load in Australian Dollars and spend in any currency worldwide provided the merchant accepts MasterCard® payments electronically12 .Qantas Cash will automatically convert funds into the currency required to make the purchase at the Qantas Cash Daily Rate available at qantascash.com. Further details are provided in the Product Disclosure Statement.

What exchange rate applies to Qantas Cash?

An exchange rate set by Qantas will apply when you load funds to the card or transfer funds between currencies and to other Qantas Cash cardholders. The exchange rates will be displayed to you before proceeding with your transaction. For example:

  • If you complete a Bank Transfer or BPAY® load; or
  • If you transfer funds from one currency to another, or to a different currency in another member's  Qantas Cash facility via qantascash.com or the mobile app.

The Qantas Cash Daily Rate (also available via qantascash.com) will apply when a currency conversion is required to complete a purchase or ATM withdrawal.

 For example:

  • If you transact in a currency that is not available on the card, e.g. Brazilian Reals; or
  • If you transact in a currency that isn’t loaded to your card, e.g. If you make a purchase in USD when you don’t have USD loaded to your card

For full details regarding exchange rates refer to Clause 7 of the Terms and Conditions in Part B of the Product Disclosure Statement.

Can I use Qantas Cash if the local currency isn’t available?

Yes, you can use Qantas Cash even if the local currency isn’t available on your card.

The transaction will be converted at the Qantas Cash Daily Rate from your available currency balances using the default order of priority. The default order of priority is: Australian Dollars (AUD), United States Dollars (USD), Great British Pounds (GBP), Euros (EUR), New Zealand Dollars (NZD), Thai Baht (THB), Singapore Dollars (SGD), Hong Kong Dollars (HKD), Canadian Dollars (CAD), Japanese Yen (JPY), and UAE Dirham (AED). 

For further detail on the order of priority see What happens if I make a purchase in foreign currency and don’t have enough money in that currency on my card? below or What will happen if the local currency isn’t available to load on Qantas Cash below.

What will happen if the local currency isn't available to load on Qantas Cash?

If you visit a destination where the local currency is not available to load on your card, for example, Brazil, you can still transact using Qantas Cash provided MasterCard® is accepted electronically12.

The transaction will be converted from the first available currency in the order of priority above.

For example, if you are in Brazil and withdraw 50 Brazilian Real from an ATM using the AUD funds loaded on your card:

• Assuming the Qantas Cash Daily Rate is AUD 1.00 = BRL 0.746 the AUD cost will be AUD 67.02 (1/0.746 x BRL 50.00)

For full details regarding exchange rates refer to Clause 7 of the Terms and Conditions in Part B of the Product Disclosure Statement.

 

What happens if I make a purchase in a foreign currency and I don’t have enough money in that currency on my card?

If you don’t have sufficient funds in local currency to complete a transaction, the balance of the transaction will be automatically processed using available funds from other currencies in the following order of priority:

1. Australian Dollars (AUD)

2. United States Dollars (USD)

3. Great British Pounds (GBP)

4. Euros (EUR)

5. Thai Baht (THB)

6. New Zealand Dollars (NZD)

7. Singapore Dollars (SGD)

8. Hong Kong Dollars (HKD)

9. Canadian Dollars (CAD)

10. Japanese Yen (JPY)

11. United Arab Emirates Dirham (AED)

If you don’t have enough funds available across all of your currencies to complete a transaction, the transaction will be declined.

Should I pay in Australian dollars instead of the local currency when I'm overseas?

Some overseas merchants and ATM operators may give you the option of paying in the local currency, or in Australian Dollars (this is called Dynamic Currency Conversion or DCC).

If you make a purchase or ATM withdrawal in a country where the local currency is the same as a currency on your Qantas Cash facility (e.g. using your US Dollar funds in the US) and you opt to pay in Australian Dollars, this may result in a foreign exchange transaction at additional cost to you as the card will seek to transact in Australian Dollars.

If you have funds loaded on your Qantas Cash facility in the currency of the country you are in, you can select to pay in the local currency to ensure that the transaction is taken from the correct currency loaded on your card. If the merchant gives you the option of paying in AUD please note that they will then determine the exchange rate used to convert your AUD to the local currency.

Do fees apply if I don’t have the local currency on my card?

No, transactions requiring a currency conversion will be converted at the Qantas Cash Daily Rate with no currency conversion fee applied. Current Qantas Cash Daily Rates can be found here

 

 

To be eligible to receive the new Qantas Card with the option of Qantas Cash you must be an Australian resident Qantas Frequent Flyer member 16 years of age or older. Other terms and conditions and fees and charges may apply. Heritage Bank Limited (AFSL 240984) (the Issuer) issues Qantas Cash under arrangements between it, Qantas and MasterCard Prepaid Management Services Australia Pty Limited (AFSL 386837) (a MasterCard business). MasterCard Prepaid Management Services Australia Pty Limited distributes Qantas Cash (together with Qantas which is an authorised representative of MasterCard Prepaid Management Services Australia Pty Limited for the purposes of providing general financial product advice with respect to Qantas Cash). MasterCard Prepaid Management Services Australia Pty Limited can be contacted at customercare@qantascash.com.

MasterCard Prepaid Management Services Australia Pty Limited and Qantas earn foreign exchange revenue from Qantas Cash transactions. MasterCard Prepaid Management Services Australia Pty Limited receives a processing fee from domestic Qantas Cash "point of sale" transactions. Qantas receives revenue generated by Qantas Cash transactions based on interchange fees paid to the Issuer, deposits held by the Issuer, cardholder fee and certain rebates and incentives from MasterCard Asia/Pacific Pte Ltd.

This webpage has been prepared without taking into account your objectives, financial situation or needs and you should consider the appropriateness of the information in this webpage having regard to those matters. A Product Disclosure Statement in respect of Qantas Cash is available via qantascash.com, and will also be given to applicants. A person should obtain and consider the Product Disclosure Statement before making any decisions about whether to acquire or continue to hold the prepaid facility.

Information regarding historical Qantas Cash Daily Rates can be obtained by calling 1300 825 302 from inside Australia or +61 1300 825 302 from outside Australia.

# The currencies supported are detailed on currencies page or in the PDS

* Exchange rates for initial loads and subsequent reloads made using Bank Transfer or BPAY via qantascash.com will be set at the prevailing exchange rate set out at qantascash.com at the time you request the load provided you settle the transaction within four hours.  Different exchange rates apply for loads initiated directly via Bank Transfer or BPAY using your Unique Payment Details (i.e. not via qantascash.com). If you initiate a load or reload via Bank Transfer or BPAY using your Unique Payment Details, the exchange rate applied will be the prevailing exchange rate at the time the funds are received into your facility.   For more information on how exchange rates are set and applied, please see the Product Disclosure Statement.

^ Refer to fees page or PDS for details about the currency conversion fee.

+ The default order of priority is: 1. AUD, 2. USD, 3. GBP, 4. EUR, 5. THB 6. NZD, 7. SGD, 8. HKD, 9. CAD, 10. JPY and 11. AED.

~ Qantas Cash is unable to be used for purchases related to gambling or adult entertainment. Currently Qantas Cash cannot be used in the following countries and geographical regions due to sanctions that are currently in place: Crimea, Iran, North Korea, Sudan and Syria. If you attempt to withdraw cash from an ATM or use your Card at merchants in any of these countries and geographical regions, your request will be declined. In addition, the ATMs and POS terminals are not owned or operated by the Issuer or MasterCard Prepaid Management Services Australia Pty Limited and the Issuer and MasterCard Prepaid Management Services Australia Pty Limited are not responsible for ensuring that merchants will accept the Card. For example, the Issuer and MasterCard Prepaid Management Services Australia Pty Limited cannot control when an ATM or POS terminal is due for maintenance or is faulty or if a merchant chooses not to accept the Card. In such cases, your Card may not function properly or be declined. For more information please see the Product Disclosure Statement.

MasterCard® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.