Updated September 28, 2026 · SumCue Editorial Team
Travel Wallet vs Travelex Money Card
Travel Wallet
Higher score in this comparison
Travelex Money Card
Where Travel Wallet and Travelex Money Card differ
| Compare | Travel WalletReviewSee alternativesSee alternatives | Travelex Money CardReviewSee alternativesSee alternatives |
|---|---|---|
| Free ATM withdrawals | $500 | £0 |
| Top-up fee | 0% exchange fee when topping up USD, EUR and JPY at the live rate (Travel Pay) | Free on foreign currency wallets; 2% on the Pound Sterling wallet |
| Card network | Visa | Mastercard |
| Currencies | 46Higher | 22 |
| Monthly fee | ₩0 | Not confirmed |
| Cashback rate | 0.3% | Not confirmed |
Same on both: Currency conversion fee (0%), 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
- Currencies is higher at Travel Wallet: 46 vs 22.
- Support channels: only Travel Wallet offers Chat, Community.
Our verdict on each
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.
Travelex Money Card
Travelex Money Card is a prepaid multi-currency wallet built for travel, and it suits travellers who spend abroad and want a single card for many currencies. Its currency conversion fee of 0% ranks 1 of 258 on the site, while the free ATM allowance of £0 is the weak spot.
Score breakdown
| Area | Travel Wallet | Travelex Money Card |
|---|---|---|
| Cost | 9.4Monthly fee of KRW 0, currency conversion fee of 0% and free ATM withdrawals of $500. | 9.6HigherCurrency conversion fee of 0%, a free ATM withdrawal allowance of £0 and a top-up fee on the pound sterling wallet. |
| Offer | 9.5HigherA prepaid visa card covering 46 currencies, with multi currency and travel features and cashback of 0.3%. | 9.2A prepaid card for multi currency and travel use across 22 currencies on the mastercard network, with email, phone and help centre support. |
| Trust | Not confirmed | 9.6 |
Where each is licensed and available
| Country | Travel Wallet | Travelex Money Card |
|---|---|---|
| South Korea | Not confirmed | |
| United Kingdom | Not confirmed | Financial Conduct Authority 900010 |
Additional countries for Travel Wallet: 1. Additional countries for Travelex Money Card: 1.
Where these facts come from
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
Travelex Money Card
- travelex.co.uk: 9 facts, checked September 26, 2026
- en.wikipedia.org: 2 facts, checked September 26, 2026
How they place
| Ranking | Travel Wallet | Travelex Money Card |
|---|---|---|
| Credit and debit cards | 139 of 1594 | 140 of 1594 |
| Prepaid cards | 14 of 208 | 15 of 208 |
Every fact side by side
| Fact | Travel Wallet | Travelex Money Card |
|---|---|---|
| Features | Multi currency, Travel | Multi currency, Travel |
| Audience | Business | Not confirmed |
| Legal entity | Travel Wallet Co., Ltd. ((주)트래블월렛), business registration number 6818700800 | Travelex Foreign Coin Services Ltd |
| Headquarters | South Korea | United Kingdom |
| Founded | Not confirmed | 1976 |
| Support channels | Email, Phone, Chat, Help centre, CommunityCovers more | Email, Phone, Help centre |
Where each stands against the rest
| Fact | Travel Wallet | Travelex Money Card | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | 0%below the median | 1% |
| Cashback rate | 0.3%lowest quarter | Not confirmed | 2% |
| Currencies | 46highest quarter | 22above the median | 8 |
Median across 336 listed providers.
Pros and cons
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.
Travelex Money Card
Pros
- A single wallet for 22 currencies, with a prepaid card on the mastercard network.
- Conversion costs 0% against a site median of 1%, so spending on the card abroad stays cheap.
- A currency specialist trading since 1976 and based in the United Kingdom.
Cons
- The free ATM withdrawal allowance is £0, so cash abroad costs extra.
- The top-up fee is charged on the pound sterling wallet, so load the foreign currency wallets instead.
Who each suits
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.
Travelex Money Card
Who it suits
- Travellers loading 22 currencies before a trip who want a prepaid card rather than a current account.
- People who spend on the card abroad and treat cash withdrawals as a fallback, given the free ATM allowance of £0.
- Holders willing to top up the foreign currency wallets, where the top-up fee is free, and leave the pound sterling wallet empty.
Who should look elsewhere
- Varo Believe Secured Credit Card, for people who want a debit card that lives in the wallet at home rather than a travel-only prepaid card.
- Wise, for keeping balances in many currencies with a currency conversion fee of 0.1% outside holidays.
- bunq, for bills and salary with a currency conversion fee of 0.5% to 3% from a general account rather than a travel wallet.
Current offers
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
Travelex Money Card
Current offer
Bonus
Travelex Plus free membership with 0% commission and a first trip discount valid for 30 days: 0% commission however you buy, plus a first trip discount valid for 30 days
Join Travelex Plus; membership is free, discount valid for 30 days
Source, checked September 26, 2026
Country by country
| Country | Travel Wallet | Travelex Money Card |
|---|---|---|
| South Korea | Yes | No |
| United Kingdom | No | Yes |
Questions about each
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.
Travelex Money Card
What does it cost to use the card abroad?+
The currency conversion fee is 0%. Top-ups are free on the foreign currency wallets, and the top-up fee is charged on the pound sterling wallet, so the cost depends on which wallet you load and how much you convert while away.
Is the card regulated, and whose name is on the licence?+
The card is issued by Travelex Foreign Coin Services Ltd, which is authorised by the Financial Conduct Authority in the UK under licence 900010. Payments run on the mastercard network, so the card is accepted in the places Mastercard is taken.
Other options to compare
Travel Wallet
Travelex Money Card