Updated September 28, 2026 · SumCue Editorial Team
CMF vs Travel Wallet
CMF
Higher score in this comparison
Travel Wallet
Where CMF and Travel Wallet differ
| Compare | CMFReviewSee alternativesSee alternatives | Travel WalletReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | $0 | ₩0 |
| Currency conversion fee | 0% to 3% | 0% |
| Top-up fee | Free to pay or top up at partner merchants; 0.05% fraud insurance on each top up, minimum $0.25 | 0% exchange fee when topping up USD, EUR and JPY at the live rate (Travel Pay) |
| Card network | Mastercard | Visa |
| Free ATM withdrawals | Not confirmed | $500 |
| Cashback rate | Not confirmed | 0.3% |
| Currencies | Not confirmed | 46 |
Same on both: Card type (Prepaid).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- CMF scores higher overall: 9.6 vs 9.5.
- Support channels: only Travel Wallet offers Community.
- Features: only CMF offers Virtual card.
- Features: only Travel Wallet offers Multi currency, Travel.
Our verdict on each
CMF
CMF suits anyone who wants a prepaid card to spend abroad without a standing charge, since the monthly fee is $0 and top ups at partner merchants are free. The weak spot is currency conversion at 0% to 3%, from an issuer, CMF Financiera, S.A., based in Panama.
Travel Wallet
Travel Wallet is a prepaid multi-currency travel card built for people who want to hold and spend in several currencies without a monthly charge. Fees stay low, with a currency conversion fee of 0% and a monthly fee of KRW 0, which suits travellers paying for things in the currency of the country they visit.
Score breakdown
| Area | CMF | Travel Wallet |
|---|---|---|
| Cost | 9.4 | 9.4Monthly fee of KRW 0, currency conversion fee of 0% and free ATM withdrawals of $500. |
| Offer | 9.9Higher | 9.5A prepaid visa card covering 46 currencies, with multi currency and travel features and cashback of 0.3%. |
Where each is licensed and available
| Country | CMF | Travel Wallet |
|---|---|---|
| South Korea | Not confirmed |
Additional countries for CMF: 1. Additional countries for Travel Wallet: 1.
Positions in our rankings
| Ranking | CMF | Travel Wallet |
|---|---|---|
| Credit and debit cards | 79 of 1594 | 139 of 1594 |
| Prepaid cards | 8 of 208 | 14 of 208 |
What we checked
CMF
- cmf.com.pa: 7 facts, checked September 26, 2026
- play.google.com: 2 facts, checked September 26, 2026
Travel Wallet
- apps.apple.com: 9 facts, checked September 26, 2026
- docs.channel.io: 3 facts, checked September 26, 2026
- travel-wallet.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | CMF | Travel Wallet |
|---|---|---|
| Features | Virtual card | Multi currency, Travel |
| Audience | Not confirmed | Business |
| Legal entity | CMF Financiera, S.A. | Travel Wallet Co., Ltd. ((주)트래블월렛), business registration number 6818700800 |
| Headquarters | Panama | South Korea |
| Support channels | Email, Chat, Phone, Help centre | Email, Phone, Chat, Help centre, CommunityCovers more |
Where each stands against the rest
| Fact | CMF | Travel Wallet | Median |
|---|---|---|---|
| Currency conversion fee | 0% to 3%below the median | 0%below the median | 1 |
| Free ATM withdrawals | Not confirmed | $500highest quarter | $0 |
| Cashback rate | Not confirmed | 0.3%lowest quarter | 2% |
| Currencies | Not confirmed | 46highest quarter | 8 |
Median across 336 listed providers.
Pros and cons
CMF
Pros
- The monthly fee is $0, so holding the card costs nothing.
- Top ups at partner merchants carry no charge, with fraud insurance folded into each one.
- The card runs on the mastercard network.
Cons
- Each top up adds a fraud insurance charge, so frequent loading carries a running cost of its own.
- The top of the conversion range, 0% to 3%, sits above the site median of 1%.
- The format is a virtual card, so anyone who needs a printed card for in person use has to look elsewhere.
Travel Wallet
Pros
- Monthly fee of KRW 0 for the prepaid account, first on monthly fee among the brands compared.
- Currency conversion fee of 0%, ranked 1 of 258 on this measure.
- Free ATM withdrawals of $500, so you can still get local cash abroad.
Cons
- It is a prepaid card on the visa network, so the balance has to be loaded before you spend rather than held as working money.
- The account is listed for a business audience (business), so it is a different shape of product from a card for personal daily spending.
- Cashback sits at 0.3%, below what a rewards credit card could offer on everyday spending.
Who each suits
CMF
Who it suits
- People who want a prepaid card for online and app spending with no monthly charge.
- Readers who load at partner merchants, where top ups carry no charge.
- People who want phone and chat help, since support runs on email, chat and phone.
Who should look elsewhere
- Skrill suits readers who prefer a stated monthly charge, since it costs €5 a month rather than $0.
- Readers who want another card with no monthly fee should price JMMB Moneyline and JMMB Money Transfer prepaid card and CrediMax Cardy EX prepaid Visa, at JMD 0 and BHD 0, and weigh their support against CMF's email, chat and phone.
Travel Wallet
Who it suits
- Travellers who want to hold and spend in the currency of the country they are visiting.
- Business users paying suppliers and staff in other currencies.
- Anyone who wants a prepaid card with no monthly charge and no currency conversion fee.
Who should look elsewhere
- Anyone wanting a UK deposit protection scheme, since the licences here are Korean registrations rather than UK ones.
- People who want a rewards-heavy credit card for everyday spending.
- Those who need an overdraft or a credit line, as this is a prepaid card.
Current offers
CMF
Current offer
Discount code
Monthly discounts at partner merchants with the Tarjeta Prepago CMF Mastercard
Requires an active Tarjeta Prepago CMF Mastercard; rate depends on each allied merchant
Source, checked September 26, 2026
Travel Wallet
Current offer
Bonus
Woori Travel Wallet card rewards: 0.3% rewards on all domestic and overseas payments
Apply for the Woori Travel Wallet card in the app (version 4.0.0+); overseas payment fee free, worldwide ATM cash withdrawal and contactless transport card function included; card issued in partnership with Woori Bank
Source, checked September 26, 2026
Country by country
| Country | CMF | Travel Wallet |
|---|---|---|
| Panama | Yes | No |
| South Korea | No | Yes |
Questions about each
CMF
What does the CMF card cost to hold?+
The monthly fee is $0, so holding the card costs nothing. Paying or topping up at partner merchants carries no charge either. Each top up does include a small fraud insurance premium, so frequent loading adds a sliver of cost that the free monthly fee does not cover.
How much is currency conversion on the CMF card?+
The currency conversion fee runs 0% to 3%, and the median across the site is 1%. Read that range as the real cost of the card: holding it is free, but spending in another currency is where the account gets expensive.
Travel Wallet
What does Travel Wallet cost to hold?+
The monthly fee is KRW 0, which ranks it 1 of 422 on monthly fee among the brands compared. Top-ups of US dollars, euros and Japanese yen carry no exchange fee when done at the live rate, so loading the card does not eat into your travel money.
Is there a currency conversion fee?+
The currency conversion fee is 0%, and that puts Travel Wallet at rank 1 of 258 on this measure. You hold and spend in 46 currencies from one card, so the usual travel markup on exchanging money is not the main cost here.
Other options to compare
Related by the facts
Travel Wallet