In the lead up to, and while on your next overseas trip, take a little time to consider the following tips and suggestions to cover yourself from some of the things that may go wrong on your holiday:
Have your finances in order before you fly: If you are going to more than one country, change some cash over while you are still in Australia. Also consider using other sources of finance such as travellers’ cheques. Orders for Foreign Cash or Travellers Cheques can be made at any of our branches or online.
Don’t just rely on your card
Avoiding transaction fees is easier if you don’t rely entirely on your card. Even though cards are incredibly convenient, every time you use yours overseas it will cost.
Notify us you are going away
Bank First employs a number of methods to ensure there is no fraudulent activity on your accounts. If suspicious activity is detected, for example, your money is being spent overseas by an identity thief, while you’re still at home, we would contact you to verify transactions. So if you are going overseas, ensure you notify us by calling 1300 654 822 or +61 3 9834 8560 or email us at email@example.com.
Organise adequate travel insurance
Travelling can be a very rewarding experience, but it comes with its own risks. Every year, Australians both locally and overseas discover the unpleasant costs that come when your trip doesn’t go to plan. Without adequate travel insurance, you might be paying for your holiday long after it’s over. Ensure your travel Insurance is comprehensive. For further information about our flexible travel insurance policies or to arrange a quote, speak to one of our insurance Consultants on 1300 654 822.
Keep an eye on your bank balance
It will be simpler to keep your transaction fees under control if you keep an eye on your bank balance. With the convenience of Internet Banking and Mobile Banking App you are able to check your bank balance while you are away. Keeping a tally of your spending and transaction fees will not only prepare you, it might make you more conscious and keep your spending on track. If you are planning on using Internet Banking overseas, take extra precautionary measures and do not use public computers or unsecured wifi (e.g. Internet cafes, libraries, hotel lobbies). If you have entered the login details on any shared computer, please change your passwords from your own PC at home or work.
Be aware and sensible
Even though they are very unlikely to happen to you, try to acquaint yourself with any known scams in your destination country. Check the Smartraveller website to see if any areas are unsafe, to avoid both petty and more serious trouble. Unfortunately some of the easiest scams to fall for happen at the airport. Every traveller has a story about exorbitant taxi fares or drivers who insist your hotel has burnt down. Always stick to metered, registered taxis. One of the easiest ways of keeping safe overseas is being sensible. If something seems risky, then it just might be. If the worst should happen, and occasionally it does to even the most seasoned traveller, there’s no need to panic but you should act quickly. If your card is lost or stolen, contact us immediately to have the card cancelled.
For travel advice or to register travel plans: Please visit the Smartraveller website http://www.smartraveller.gov.au/.