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Travelex Money Card review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

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.

Key facts

Best for
Holders loading 22 currencies for a trip, with a currency conversion fee of 0%.
Currency conversion fee
0%↗
Free ATM withdrawals
£0↗
Card type
Prepaid↗
Top-up fee
Free on foreign currency wallets; 2% on the Pound Sterling wallet↗
Card network
Mastercard↗
Currencies
22↗
Legal entity
Travelex Foreign Coin Services Ltd↗
Headquarters
United Kingdom↗
Founded
1976↗
Support channels
Email, Phone, Help-centre↗
Features
Multi-currency, Travel
Official website
travelex.com

Facts checked September 26, 2026, 3 sources

Pros and cons

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.

Ready to try Travelex Money Card?

Scored 9.5 / 10 by SumCue.

See alternatives

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.

Where it sits among rivals

On the measures travellers weigh, the card sits at opposite ends of the list. The currency conversion fee ranks 1 of 258, while the free ATM withdrawal allowance ranks 44 of 124. Spend on the card abroad and costs are minimal; take cash out and they are not.

Who runs it

The card is issued by Travelex Foreign Coin Services Ltd, headquartered in the United Kingdom and trading since 1976. It is authorised by the Financial Conduct Authority in the UK, licence 900010, which is the name to check before you load money. Support runs on email, phone and help centre.

How Travelex Money Card compares

Where Travelex Money Card is available

Available
United Kingdom
Licence in United Kingdom
Financial Conduct Authority (900010), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

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.

Can I withdraw cash abroad for free?+

The free ATM withdrawal allowance is £0, and that is the trade-off here. Spending on the card abroad is the cheap side of the deal, while taking local currency out costs you, so treat the ATM as a backup rather than the main plan.

How many currencies can I hold on it?+

A single wallet covers 22 currencies, and the card itself is prepaid and built for travel and multi-currency use. You load the currencies you expect to spend, then pay in the local currency without a conversion fee of 0%.

Who is the card for, and who should look elsewhere?+

It suits people planning a trip who want a prepaid wallet loaded with holiday money rather than a bank account they use daily. It does not suit people who need free ATM withdrawals, since the free ATM allowance is £0, or who wants pound sterling top-ups without a fee.

What support do I get?+

Support runs on email, phone and help centre. A help centre covers planning questions before you leave, and phone covers anything urgent once you are abroad, so you are not stuck with online-only help in the middle of a trip.

How does the pricing compare with other cards on the site?+

The currency conversion fee places it at 1 of 258 on the site, against a site median of 1%. On free ATM withdrawals it sits at 44 of 124, so the ranking flips depending on how you spend.

Sources

  • en.wikipedia.org/wiki/Travelex checked September 26, 2026

    Backs: Founded, Headquarters

    “Travelex was founded as Express Exchange by Dorfman and opened its first branch in central London in 1976”

  • travelex.co.uk/services/travelex-money-app checked September 26, 2026

    Backs: Support channels

    “Dedicated 24/7 phone assistance and support”

  • travelex.co.uk/travel-money-card checked September 26, 2026

    Backs: Free ATM withdrawals, Card type, Currencies, Features, Currency conversion fee, Legal entity, Top-up fee, Card network, Licences

    “Free ATM withdrawals worldwide: We don't charge overseas ATM fees so you can get cash when you need it”

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Monthly fee, Protection.

Travelex Money Card

Holders loading 22 currencies for a trip, with a currency conversion fee of 0%.

9.5/10See alternatives