Travellers can budget on the move with NAB’s new Traveller Card



National Australia Bank has made its Traveller Card even easier for jetsetters to use with a new capability to manage funds through internet banking from anywhere in the world.

NAB General Manager Cards & Personal Loans, Michael Shurlin said customers could load money onto their Traveller Card in up to ten different currencies before they take off on holiday and then manage their travel budget within internet banking while they were on the move.

“This new functionality makes NAB’s Traveller Card even easier to use, as we know customers take their smartphones and tablets with them on their holidays to make their travel easier,” he said.

“The technology introduced by NAB in June shows customers now find it easier to use their card, with a 30% increase in the amount of funds customers load while travelling.”

NAB is waiving the initial load fee of 1%, so customers can prepare to go overseas by setting up their Traveller Card with their funds and no fee.

NAB General Manager Digital, Todd Copeland said NAB was the first Australian Bank to link a travel card to its internet banking platform, giving customers the ability to manage their travel funds in real-time on both NAB internet banking and mobile internet banking.

“Being able to open up your internet banking and handle all your Traveller Card needs on-the-go is a great tool for our customers, and gives them more time to spend on their holiday.”

“Almost 60 per cent of NAB customers access their banking via a mobile or a tablet device, so it was important to provide a mobile solution for customers who are travelling.”

In addition to being able to load funds in real-time, customer improvements include viewing balances, transaction history and funds transfer between different currencies on the go.

Customers can cash out their cards online and keep the card open to use again in the future, and with real-time rates, customers can lock in rates via internet banking 24 hours-a-day, seven days-a-week. Ordering new NAB Traveller Cards has also been made easier and faster for customers.

Previously reloading cards overseas required BPAY payments, and steps involving pre-authenticating billers and setting up NAB as a preferred biller.



Related Articles

  • Half Year Results

Video: NAB CEO Andrew Irvine discusses 2024 Half Year Result

In this video interview NAB CEO Andrew Irvine reflects on NAB’s 2024 Half Year Results, economic conditions and the bank’s strategic direction.

  • 02.05.2024
  • Time to read 1 min read
  • Half Year Results

NAB announces 2024 Half Year Results

NAB has today released its 2024 Half Year Results to the market.

  • 02.05.2024
  • Time to read 1 min read
  • Executive Team

NAB Executive Leadership Team changes

National Australia Bank Group Chief Executive Officer Andrew Irvine has announced changes to NAB’s Executive Leadership Team.

  • 10.04.2024
  • Time to read 2 min read

Quick links

National Australia Bank — NAB

Sometimes When The Unexpected Happens, We Realise What We Truly Value. Whether A Home, Farm, Business Or Your Passion, NAB Is Here To Support You.

Business Research and Insights

For more business news and analysis, visit NAB’s Business Research and Insights.