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My experiences with using the Travelex Supercard

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I was over in Amsterdam last week which gave me an opportunity to test out my new Supercard from Travelex.

As I outlined here, this is a revolutionary new Visa card which translates your foreign currency purchases into Sterling and then recharges them (in £) to another Visa or Mastercard.  You earn full reward points from the card where your transaction ends up and you save 3% on foreign exchange fees with each purchase.

Travelex is not currently taking new applications for Supercard.  The card is currently in a beta phase where a few thousand people are trying it out.

Supercard

The first thing to note is:

You can change the PIN of your Supercard at any UK ATM

Travelex does not tell you this but it works fine.

Whilst in Amsterdam I made a number of transactions:

A cash withdrawal in Euros

Machine-based transactions (ie train ticket vending machines)

Manual transactions (eg hotel, restaurants)

I had set up my Supercard so that all of the transactions were recharged to my IHG Rewards Club Premium Visa card, as I am currently working towards the free night voucher for spending £10,000.

The good news is that the Supercard worked fine every time.  It is thinner than a standard credit card, and your personal details are printed on it rather than embossed, but that was not a problem.

The even better news is that it does seem to work as promised.  The InterContinental cheekily tried to charge me €32 in £ without giving me the € option – the credit card machine showed £25-ish.  I insisted on paying in Euro and it eventually went through my Supercard at £23-ish.

The bad news is that the Supercard app has been very troublesome.  Every time I try to bring up a list of recent transactions it crashes.   I have never managed to bring up a transaction list successfully.  I am able to view my last transaction but not the full list.

Transactions are taking some time to reach my credit card statement – they process at the same speed as a normal card purchase.  The transactions were all done on Monday and Tuesday last week.  They started to hit my IHG credit card statement on Friday and, by Sunday evening, the last one had yet to arrive.

This is how they appear on my IHG card statement:

Tms Supercard NS Schiphol, Chester (NS is Dutch Railways, Chester is where Supercard is based)

Tms Supercard, Tvx Schiphol, Chester (cash withdrawal from a Travelex cashpoint)

What was most impressive is that the €120 ATM cash withdrawal has gone through my IHG Rewards Club credit card as a purchase.  This means I will earn points on it and will not pay any cash advance fees or interest.

So far, then, so good – but Travelex really needs to iron out the bugs in the app.  I would have had more confidence in the card initially if I had been able to see my transactions in real time.

The biggest test for Supercard will be in Germany next month where we will have a very large hotel bill to settle.  If that goes through OK, saving me over £100 in FX fees and probably getting me over the line for my IHG Rewards Club Premium Visa free night, I will be very happy.

PS.  In my initial article on Supercard I didn’t list the spending limits that are imposed.  These are the key figures you need to remember:

Maximum value of single ATM transaction – £250
Maximum daily ATM Cash withdrawal – £500
Maximum ATM Cash withdrawal per 4-day cycle – £1,000
Maximum daily Point of Sale Spend – £5,000
Number of Purchases per day – 15
Number of ATM Transactions per day – 3
Maximum card usage in one month – £20,000
Maximum card usage in one year – £20,000


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Comments (163)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • Simon says:

    I’ve been able to add my MBNA Virgin Black Visa onto my supercard but not my Marriot card, I wonder if it is because it’s a World Mastercard and so has higher processing fees.

    • Rob says:

      No, it is, I think because the Marriott card is seen as a store card (ie the first 6 digits, known as the BIN identify it as a store card) and not a credit card, a side effect of it being issued by a store card company.

      I flagged this with Travelex a couple of weeks ago but have not had a formal answer yet. The above guess is probably correct though.

      • Adam says:

        Bought flights in dollars on the Expedia US site 8 days ago, the expedia fee has appeared, but no sign of flight charges posting yet to my MBNA AA Visa, although transaction is showing pending – the flights ticketed straight away.

  • Leo says:

    Bought IHG points on Saturday (20th) as you can see above – all seems to have worked although it took until today for the transaction to show in my barclaycard account (25th).

    Reasonably happy :-).

  • steve says:

    Placed a transaction online with a Taxi firm in Mallorca on the 14th June, posted on Supercard and my linked card on 17th june.
    Booked a Hotel in Dubai (Full prepayment) on the 13th June, still no sign on either supercard or my credit card.

    • Etk says:

      So my test transaction from 3rd of June STILL hasn’t shown on my mbna virgin black visa… Might be a good way of deferring holiday spending!

      Will be in Vegas in two weeks so we’ll see how it works out in the wild.

      • Dynamo says:

        Same here. Transaction from start of June yet to reach my account

        • Adam says:

          It must be bizarre… surely the merchants haven’t received payment and as the authorisations are dropping off, are running the risk of being later declined??

  • Martin Turner says:

    Hi All,

    I registered for my card but it told me it was overscribed blah blah blah. I thought oh well. Then this week out of the blue my card turned up.
    My issue is the app I have on my phone (Android) doesn’t seem to work, I load it and it gives me a thankyou message. So I uninstall it and then it asks me to login but then wants an account number, where do I find that, is that the number on the card?
    Can I call or email anyone to reset my info?

    • Roberto says:

      Yes, the account number is on the card.. its under you name in the front.

      • Rob says:

        Travelex is aware that this is badly expained and totally unclear!

  • Roberto says:

    Mine arrived in Spain yesterday the 25th and I was eager to try it out. As other have said their as an issue that the account was “suspended” , I called through to supecard and was quickly handled. I deleted and reinstalled the app , added a debit card and was working instantly. I subsequently added a credit card ( you can have up to 5 cards ) and wend off the draw some money out of an ATM in town..

    I took €100 out and £71.23 was debited from my UK bank so thats a rate of €140.4 ..I looked at the live interbank rates and the spread was 1.40447 to 1.40471 with a high so far that day of 1.40482.

    I normally use a FairFX euro mastercard who were 1.3745 at that very moment and/or Currencyfair who offered1.3985 when I checked a second or two later.

    I will try a credit card later today and may even draw cash on it too to see how thats handled.

    All told I am quite happy..

    • Roberto says:

      Following my badly spelled and grammatically incorrect comments above I have now used my supercard with each of the five associated cards linked to my account including a supplementary one linked to my wife’s virgin card. I must say its behaved faultlessly with no issues and each time giving me a rate as close to spot as I could have hoped for.

      I also drew cash on a credit card and its showing as a purchase. I have no idea how long that will last but the manufactured spending people will no doubt have some fun with that until things change.

  • Alan says:

    Supercard finally arrived, but giving an error with every card I try to link to it 🙁 Have Tweeted them, hopefully they can resolve this – bit useless otherwise!

  • JQ says:

    I used my card in Hong Kong with no problems and the cash withdrawals appeared 5 days later on myIHG barclaycard account. However I got a better rate using the Halifax Clarity Mastercard and the IHG points earned were not worth paying extra for Visa’s forex spread.

    • JQ says:

      … however as the GBP dropped a few days afterwards I exchanged the cash back to pounds and made a profit, so the points were free. I wonder whether the Supercard considers Jersey or Gibraltar part of the UK for fee purposes.

  • ADS says:

    Oh the irony – I can’t use a Travelex cash machine to change the PIN on my Travelex Supercard !

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