Velocity Frequent Flyer, in partnership with Visa, is launching the ‘Global Wallet’, a prepaid travel money card.
Located on one side of the new-look Velocity Frequent Flyer membership card, the Global Wallet will enable members to load money onto their card and store it in multiple foreign currencies as well as Australian dollars; make purchases wherever Visa is accepted; withdraw funds from ATMs in Australia and around the world; and earn Velocity Frequent Flyer Points for purchases made using their Global Wallet, both in Australia and overseas.
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“Not only will our cards be the access point to a range of Velocity benefits including seamless check- in, access to lounges and priority services, they will make spending in Australia and overseas an easier, more rewarding experience,” Velocity Frequent Flyer CEO Neil Thompson said.
“We are also working with Rev Worldwide, a global payments specialist to deliver the product to market and we look forward to sharing more about the Global Wallet’s unique features when it launches in the coming months.”
L Carroll
says:I have used a similiar travel card from my bank but was able to transfer funds from
my account, how will this work?
Kim Thatcher
says:If I load the Card with AUD and then use it overseas, will I be charged a currency conversion fee for each transaction? What will the Card cost?