Travelling overseas this year end? Meet YouTrip — a new multi-currency debit card and app for Australians.
Built for modern travellers, YouTrip makes spending in foreign currencies simpler, more affordable, and effortlessly stress-free. In this guide, we’ll cover everything you need to know – from what YouTrip does to how our exchange rates work and whether it’s really better than the cards you’re already using today.
We promise we won’t feel like a stranger anymore by the end of this read, and you’ll be able to decide whether YouTrip is a good fit for you!
TL;DR – Key features of YouTrip
| Feature | YouTrip Australia | Notes |
|---|---|---|
| Card Type | Multi-currency debit card | Not a credit card; spend only what you load |
| Exchange Rates | Real-time mid-market rates | 0% FX fees & no mark-ups |
| Overseas ATM Withdrawals | Free up to $1,500/month | 2% fee applies beyond monthly limit |
| Acceptance | 150+ countries | Use in-store or online, anywhere Mastercard is accepted |
| Annual Fees | None | Sign up for free in minutes |
| In-App Exchange | Convert AUD to USD, EUR, GBP, SGD, HKD, JPY, CHF, CAD, NZD | Lock in favourable rates for upcoming trips |
| Overseas Cashback | Earn 2% cashback on international purchases | Up to $40 per month, for your first 5 months |
| Better Than Credit Cards? | Often yes | Saves on FX fees and gives more control |
What is YouTrip?
YouTrip is a multi-currency debit card and app that gives you the freedom to pay in 150+ countries without sneaky mark-ups or surprise fees. We’re here to take the stress and guesswork out of travel money, so you can focus on having fun on your holidays.
How does YouTrip work?
Think of YouTrip as your smart multi-currency wallet — one card, one app, multiple pockets for your money. Here’s how it works for Australians travelling or shopping overseas:
✅ Enjoy mates rates across 150+ currencies
With YouTrip, you get access to real-time mid-market exchange rates (also called wholesale rates). These are the fairest and most accurate rates between two currencies — the same rates you see on platforms like Google or XE. This means that what you see is what you pay – no hidden mark-ups, no surprise costs.
✅ 0% FX fees and no hidden fees
Exchange rates and hidden fees can make a surprising dent in your holiday budget – and oftentimes without you noticing. Did you know that traditional banks and many credit cards often charge ~3% extra in foreign transaction fees for overseas spending? That’s basically $30 in fees per $1,000 you spend, and over long trips or big spends, this adds up fast. We have a very simple fee structure, which you can find laid out here.
✅ Exchange & hold multiple currencies in-app
One app, one card, multiple currencies. 💷 The YouTrip app comes with a built-in currency exchange, which allows you to load funds in AUD and swap Australian Dollars to foreign currencies of your choice. This is especially helpful for those who monitor rate fluctuations and wish to lock in favourable rates ahead of upcoming trips. Instead of heading to the currency exchange, you can swap currencies in just for a few taps directly on your phone.
- Exchange up to 10 currencies (AUD, USD, EUR, GBP, SGD, HKD, JPY, CHF, CAD, NZD) – with more on the way!
- Lock in favourable rates ahead of trips
- Store multiple currencies for upcoming travel
💡 Can’t be bothered to pre-convert? Not a problem! Just load AUD onto your card and pay directly in local currency — YouTrip auto-converts at mid-market rates with 0% FX fees.
✅ Free* ATM withdrawals worldwide
Need cash while travelling? Forget currency exchanges and dodgy rates – your YouTrip card can be used to withdraw cash worldwide at all ATMs displaying Mastercard®, Maestro®, or Cirrus® logos worldwide. Whether you’re grabbing yen in Japan, pounds in the UK, or euros in Europe, YouTrip makes cash access simple and cheap.
- Enjoy free overseas withdrawals for up to A$1,500 per calendar month
- 2% fee applies after the monthly limit
Where can I use my YouTrip card?
YouTrip is a Mastercard debit card, which means you can use it:
- In-store and online worldwide
- With Apple Pay (available from 19 November) or Google Pay for tap-and-go payments
- For public transport in supported countries
💡 Tip: If you’re prompted to choose between paying in AUD or the local currency, always opt to pay in the local currency to avoid Dynamic Currency Conversion (DCC) fees!
Is it better to use YouTrip or a credit card?
Here’s a quick comparison of YouTrip vs your regular credit cards:
| Feature | YouTrip | Credit Card |
|---|---|---|
| Exchange Rate | Mid-market (wholesale) rates | Often marked-up rates |
| In-App Exchange | ✅ Swap up to 10 currencies in-app | Unable to hold currencies |
| Annual Fees | 🆓 None | Ranges between A$0 – $400+ |
| FX Fees | 🆓 None | Averages 3 – 3.5% per overseas transaction |
| ATM Withdrawals | 🆓 Free up to A$1,500/month | Averages 3% or $5+ fee per transaction |
How to get a YouTrip card in Australia
Getting your YouTrip card takes just minutes:
- Download the YouTrip app (on App Store or Google Play)
- Sign up and verify your ID (it takes just a few minutes)
- Receive your virtual card instantly upon approval
- Your physical Mastercard will be sent to you for free within 4 – 8 days
Is YouTrip safe?
Your money and personal data will always be our top priority. YouTrip uses a modern, secure payment infrastructure designed to make international spending seamless and safe for you.
🔐 How we protect you:
- Industry-standard encryption keeps your card details and transactions secure.
- Real-time app controls allow you to instantly freeze or unfreeze your card if needed.
- 24/7 monitoring detects unusual activity and protects your funds around the clock.
- Dedicated round-the-clock fraud, security, and customer support teams.
🔐 Regulated & licensed in Australia
YouTrip is provided by You Technologies Group (Australia) Pty Ltd (ABN 20 676 703 496). We hold an Australian Financial Services Licence (AFSL 558059) and are fully regulated by the Australian Securities and Investments Commission (ASIC). This means your money is safeguarded under Australian law, giving you peace of mind whether you’re spending locally or overseas.
Ready to spend smarter with YouTrip?
Whether you’re travelling overseas, shopping online, or just want a simpler way to manage multiple currencies, YouTrip allows you to enjoy mates rates and no fees, all day. With free* ATM withdrawals, real-time exchange rates, and a secure, easy-to-use app, paying overseas is bound to be a breeze.
⚡️ Sign up now and enjoy 2% cashback on international purchases for your first months (up to $40/month) – a little extra to make your travels even sweeter. ✈️
Other FAQs about YouTrip
1. Is YouTrip a credit card?
No – YouTrip is a debit card. Just add funds to your card via the app and spend what you load!
2. Is YouTrip free?
Yes, YouTrip is free for standard use. ATM withdrawals over the monthly limit have a 2% fee and third-party fees may still apply. Check out our full fee structure here.
3. Do I have to pre-convert my money?
No – you can lock in rates in advance or let YouTrip auto-convert at great mid-market rates with no hidden mark-ups or fees.
4. Can I use YouTrip in Australia?
Absolutely. YouTrip can be in-store or online – in Australia and overseas.
5. Where is YouTrip from?
First launched in Singapore in 2018, YouTrip has grown alongside millions of travellers across Asia Pacific — trusted on big adventures and everyday trips. 🌏 Over the years, we’ve become a go-to multi-currency travel companion across the region. Now, we’re beyond excited to bring YouTrip to Australia — here to make your travels smoother, smarter, and a little more fun. 🚀
