International fees on a debit card? 86 400 says sayōnara

Ever used your debit card overseas and then noticed you’ve been slapped with a build up of international fees afterwards? Take it from us, it’s not a good feeling. 

On Monday, one of Australia’s newest neobanks, 86 400, said adios, au revoir, and arrivederci to international fees for debit card customers. 

The card originally came with a 1.50% foreign transaction fee when customers shopped globally, whether that was in-person overseas or online. 

But that’s now a thing of the past!

“Aussies are worldwide spenders whether that’s on an overseas trip or online shopping while sitting at home on the couch, but often international fees slip under the radar for customers,” Mozo Director, Kirsty Lamont said.  

“So it’s great to see more and more banks jumping on board and ditching these international fees, especially when foreign exchange costs can actually really add up over time.”  

86 400 also charges no overseas ATM withdrawal fees* on its debit card either, making the neobank’s product part of only a handful of 11 bank accounts on the Mozo database that have both no international transaction and foreign ATM fees.  

But what difference do no overseas fees on a debit card actually make? 

Well, when compared with other debit cards on the market, it can actually make a world of difference. 

At the moment in our database, international transaction fees range anywhere from 0% all the way up to 3.65%, while overseas ATM fees can be as hefty as $5.50 per withdrawal!  

So after a few taps, swipes or cash withdrawals these costs can really start to stack up as you travel overseas. 

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*Just bear in mind, you may be subject to fees charged by the international ATM provider themselves, despite the fact that 86 400 doesn’t charge a fee of their own

Want to see how 86 400’s debit card weighs up against the rest? Check out the table below for other travel debit card options.

Travel Debit Cards 2020 - last updated 19 June 2024

Search promoted debit cards below or do a full Mozo database search. Advertiser disclosure
  • Everyday Global Account

    $0.00

    Apple Pay, Google Wallet

    Visa Debit

    No overseas ATM fees & up to 10 currencies in one account. Switch between currencies instantly 24/7 wherever you are using the mobile app. Receive 2% Cashback on eligible tap and pay transactions under $100. Mozo's Experts Choice 2024 winner for Exceptional Everyday Account.^

    Compare
    Details
  • Everyday Options

    $0.00

    Apple Pay, Google Wallet, PayID

    Visa Debit

    An easy, everyday banking account packed with flexible options to help you spend, budget & save better. $0 monthly account keeping fees & option to add up to 9 sub-accounts.

    Compare
    Details
  • Spend Account

    $0.00

    Apple Pay, Google Wallet, PayID, Samsung Pay, Fitbit Pay, Garmin Pay

    Visa Debit

    No monthly fees and no charges for overseas or online payments from ubank. Stay one step ahead with ubank’s spending insights and bill prediction. Apple Pay and Google Pay compatible. Deposits guaranteed up to $250K per customer.

    Compare
    Details
  • Glide Account

    $0.00

    Apple Pay, Google Wallet, PayID, Samsung Pay, FitBit Pay, Garmin

    Visa Debit

    Unlimited free internet transactions. Super fast transfers & use Apple Pay, Google Pay and Samsung Pay. No account keeping fees. Access Any Major Bank & MyState Bank ATM Fee-Free.

    Compare
    Details
  • Carbon Insights Account

    $0.00

    Apple Pay, PayID, Google Pay

    Visa Debit or
    EFTPOS

    An online-only transaction account with carbon insights available through the Suncorp App. $0 monthly account keeping fees & option to add up to 9 sub-accounts.

    Compare
    Details
  • Transaction Account

    $0.00

    Apple Pay, Google Wallet, PayID

    Debit Mastercard

    Earn interest on all balances. No monthly account fees. Winner of a Mozo Experts Choice Australia's Best Bank 2023^.

    Compare
    Details

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