International fees on a debit card? 86 400 says sayōnara

By Polly Fleeting · · 2 min read
Fact Checked
Advertiser disclosure

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. 

RELATED ARTICLE: ING: Carbon footprint and cost front of mind for Australia's growing 'Conscious Travellers'

*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

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can search our database of 230 debit cards.
Last updated 25 December 2024 Important disclosures
  • Everyday Options Account

    $0.00

    Apple Pay, Google Pay, PayID

    Visa Debit

    Enjoy 0% foreign currency conversion fees on Visa Debit card purchases. Plus make an eligible purchase using your linked Visa Debit card to earn cashback at participating merchants. $0 monthly account keeping fees & the option to open up to 9 sub-accounts. Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL 229882 Australian Credit Licence 229882). The SUNCORP brand and Sun Logo are used by Suncorp Bank (Norfina Limited) under licence and Suncorp Bank is not part of the Suncorp Group.

    Compare
    Go to site
    Details
  • Glide Account

    $0.00

    Apple Pay, Google Pay, PayID, Samsung Pay, Garmin Pay

    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
    Go to site
    Details
  • Everyday Account

    $0.00

    Apple Pay, Google Pay, PayID, Samsung Pay

    Debit Mastercard

    Enjoy an all in one transaction account with no monthly service fee designed to help you easily manage your money. Link to your Bendigo Bank home loan to offset your monthly interest. Unlimited internet and app banking transfers, and Bendigo Bank ATM withdrawals. Unlimited EFTPOS withdrawals and retail purchases within Australia

    Compare
    Details
  • Orange Everyday

    $0.00

    Apple Pay, Google Pay, PayID, PayTo

    Visa Debit

    The everyday bank account that could pay you for paying bills. Get 1% cashback on eligible utility bills (up to $100), $0 ING international transaction fees, and up to 5 rebated ATM withdrawals a month here or overseas (T&Cs apply) and no monthly fees to pay. Mozo Experts Choice Awards Everyday & Savings Bank of the Year winner for 2024.^

    Compare
    Go to site
    Details
  • Everyday Global Account

    $0.00

    Apple Pay, Google Pay

    Visa Debit

    Enjoy $0 monthly account fees and international fees, with no minimum deposit or balance requirements. Buy, hold and spend in 10 currencies (AUD included) and earn 2% cashback for purchases under $100 (T&C’s apply). Mozo's Experts Choice 2024 winner for Exceptional Everyday Account.^

    Compare
    Details
  • Carbon Insights Account

    $0.00

    Apple Pay, PayID, Google Pay

    Visa Debit

    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

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.