Best Virtual Credit & Debit Cards in Australia [2023]

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To make your transactions smooth and withdraw funds conveniently, you’ll need a virtual debit card to secure your finances. Unlike physical cards, the trend of having virtual cards is increasing rapidly, with an estimated 370% global increase in their value. Thus, business persons and companies are now more towards buying an instant virtual debit card in Australia to keep track of their…

Summary:

Revolut : Best Overall

Wise.com : Best Runner-Up

MoneyMe : Best Value

Disclaimer: All the following Advertised Products have been Physically Tested & Inspected by our Editorial Team prior publishing this Review article.


Featured Virtual Cards

Revolut

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Limited Time Offer

  • Saves money by providing interest on savings
  • Compatible with over 30 currencies worldwide 
  • Provides Revolut app to manage your investments

Wise.com

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Limited Time Offer

  • Gives you access to multiple currencies 
  • Comes with a Wise Asset program to save your money
  • Compatible on all devices

MoneyMe

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Limited Time Offer

  • Offers best deals and cashback
  • Provides Tap n Pay online feature
  • Works perfectly for both individuals and companies 

Editorial Picks

Why We Picked It

With an excellent exchange rate, Revoult is among Australia’s top virtual debit cards. This virtual prepaid card has over 25 million global customers and is helping individuals to manage their payments easily. The best thing about this virtual card is free access to premium services for the first three months after registration.

Pros & Cons

  • Saves money by providing interest on savings
  • Compatible with over 30 currencies worldwide 
  • Provides Revolut app to manage your investments
  • Has restrictions on the standard free plan 
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Best for International Travellers

Wise.com

Why We Picked It

Equipped with special payment features, Wise.com is ranked among the top virtual cards in Australia. You’ll get zero markups on exchange rates and thus can easily send or receive money abroad. Above all, it is easy to use, secure, and widely accepted internationally. 

Pros & Cons

  • Gives you access to multiple currencies 
  • Comes with a Wise Asset program to save your money
  • Compatible on all devices
  • Charges higher transfer fees
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Best for Local Spending

MoneyMe

Why We Picked It

If you are searching for the best debit cards in Australia, you’ll love the MoneyMe freestyle virtual card. Businesses love its rewards and perks, especially the grand 40% cash back on eligible purchases. Not only this, but it also offers flexible exchange rates to ease its customers and run their transactions smoothly. 

Pros & Cons

  • Offers best deals and cashback 
  • Provides Tap n Pay online feature
  • Works perfectly for both individuals and companies 
  • You might face problems saving money 
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Best for Businesses

Airwallex 

Why We Picked It

When choosing the perfect virtual debit card for business use, you cannot ignore Airwallex. From exceptional transactions to outstanding competitive fees, this virtual card has all the potential benefits for its customers. Thus, you can trust Airwallex for all your financial needs. 

Pros & Cons

  • Accept more than 50 currencies.
  • Best for small and medium businesses
  • The registration process is smooth and easy
  • Do not work for physical cards on ATMs
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Best for Aussies

Hay

Why We Picked It

By using the latest technical methodologies, Hay has made its name as the instant virtual visa card in Australia. Through smart management and fee-free account approvals, Hay provides a fast and secure financial system for its users. You would love its instant money transactions with real-time notifications. 

Pros & Cons

  • 100% safe and quick payment method
  • Charges very low transaction fee
  • Offers a user-friendly app experience
  • Poor customer service 

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