You can use your Cash Passport to pay for goods and services worldwide. It also allows you to withdraw local currency from ATMs. These cards can also be used at till points. This means that you can access your money instantly at any time of the day or night.
The Cash Passport is available in the following currencies:
- US Dollar
- Pound Sterling
- Australian Dollar
The Cash Passport includes Emergency Assistance, which gives you instant help, day and night, wherever you are in the world. With one phone call you can get practical help and assistance with situations such as lost passports or wallets, medical emergencies, legal problems and even translation assistance.
- Absa’s Cash Passport is only available in the four currencies, namely, US dollar, Euro, Pound sterling and Australian dollar.
- You only qualify for a Cash Passport if have a valid ID book, a passport and an air-ticket or e-ticket in your name.
- Your journey must commence from South Africa
- If you are travelling by car and to countries that are not in the common monetary area, you will have to provide us with an ID and your vehicle’s registration certificate.
- Lost or stolen cards can be replaced
- If the currency of your Cash Passport differs from the currency of the country you plan to visit, additional service fees will apply.
- As an alternative to cash passport you can use your Absa Debit or Credit Cards.
Your Cash Passport can be valid from three years (Visa cards) to five years (MasterCard) and can be re-used and topped up within exchange control limits. Even with a zero balance, your card remains valid (see the expiry date on the front) and you can reload it for your next trip.
- MasterCards are Chip and PIN protected for increased security
- Visa cards are PIN protected and have a signature panel at the back
- Cards can be replaced after loss or theft, just like travellers cheques
Additional cards can also be purchased for family members linked to the same pot of funds, for convenience.
- You are allowed to purchase foreign exchange 60 days prior to departure
- If the exchange rate is in your favour, why not buy early?
- You could also buy half now and half later in order to mitigate the exchange rate risk