No foreign transaction fees on Prospa Visa Business Debit Card payments
Spend, shop and pay globally with no foreign transaction fees on Prospa Visa Business Debit Card payments
Spend in-store overseas
Pay suppliers in a foreign currency
Get the best rates from Visa
See what you could save on international payments
Paying an overseas supplier or subscription in another currency? Prospa doesn't add an FX fee to international payments on your Prospa Visa Debit Card. You just pay the Visa exchange rate. Many cards add a foreign transaction fee of around 3%.
You save about A$45
No FX feeUS$1,000.00 ≈ A$1,515.15 with Prospa, vs A$1,560.61 on a card with a 3% fee.
Rates are indicative only, not a quote. The exchange rate is set by Visa when your payment is processed.
Tip: if an overseas merchant offers to charge you in AUD, choose the local currency instead. Otherwise their exchange rate applies, not Visa's.
How to get started
01
Open a Prospa Business Account
02
Fund your account
03
Spend, shop and pay globally
04
Enjoy no FX fees
Why make the switch to Prospa
$0 monthly account fee
$0 monthly account fee
Earn rewards from your credit card’s points
Earn rewards from your credit card’s points
Use your Prospa Visa Business Debit Card instantly
Use your Prospa Visa Business Debit Card instantly
Ready to pay no FX fees?
To apply all you need is your ABN and a valid driver’s licence or Australian passport handy.
FAQs
Common questions answered
No. Prospa doesn’t charge foreign transaction, FX or exchange fees on card payments. Payments are converted at the official Visa exchange rate only. ATM operator fees may still apply overseas. Eligibility, fees and T&Cs apply.
The No FX claim applies to card payments made with the Prospa Visa Business Debit Card wherever Visa is accepted. It does not apply to international bank transfers.
There is a $0 monthly account fee and no international transaction fee on eligible card payments. Prospa Rewards is optional — a 1% fee plus GST applies per eligible transaction while it is switched on. Other fees and T&Cs apply; consider the PDS and terms.
The Prospa Business Account cannot make international bank transfers. Where a supplier accepts Visa, you can pay by card with No FX Fees. If a supplier only accepts payment to a foreign bank account, an alternative arrangement would be needed.
ATM operator fees may still apply when withdrawing cash overseas. The No FX claim covers card payments (in-store, online and to suppliers that accept Visa), not ATM cash withdrawals. Check the PDS for full details.
Other questions?
Rewards Earning Terms (Bring your own card)
Application
These Rewards Earning Terms set out the terms and earning mechanics that apply to the earning of Prospa Reward Points in connection with payments made using the bring your own card feature.
These Rewards Earning Terms form part of, and operate in conjunction with, the Prospa Rewards Program Terms and Conditions (available at https://www.prospa.com/important-documents#rewards). By participating in the applicable earning activity, you agree to be bound by these Rewards Earning Terms and the Prospa Rewards Program Terms and Conditions.
Duration
These Rewards Earning Terms apply from 14/04/2026 unless and until withdrawn or varied by Prospa in accordance with the Prospa Rewards Program Terms and Conditions.
Eligible Transactions
You may earn Prospa Rewards Points only in respect of a payment action initiated and completed by you using the bring your own card feature (“Eligible Transaction”), in accordance with the Prospa Rewards Program Terms and Conditions.
Any transaction or activity that is reversed, refunded, disputed, charged back, voided, unsuccessful, or otherwise excluded under the Prospa Rewards Program Terms and Conditions is not an Eligible Transaction, and any Prospa Rewards Points credited in respect of such a transaction may be adjusted in accordance with those terms.
Earn rate
Unless otherwise stated, Prospa Rewards Points are earned at a rate of 1 Prospa Rewards Point per $1 of the settled bill amount, excluding GST, taxes, fees and charges. Points are calculated in whole numbers only.
Timing of earning
Prospa Rewards Points are earned only once the relevant Eligible Transaction has successfully settled. Points may be recorded as pending prior to becoming available and are not redeemable while pending. It may take up to thirty (30) days for Points to become available.
Fees
Prospa may charge a fee for enabling the Rewards feature. By continuing to earn Rewards for an Eligible Transaction, you authorise Prospa to add the fee to the value of the Eligible Transaction. The fees payable to Prospa for Rewards are separate to the fees charged by Live Payments for making payments using the bring your own card feature.
Caps and limits
Prospa may apply caps or limits to the earning of Prospa Rewards Points in respect of Eligible Transactions, including per transaction or per account limits, as communicated to you from time to time.
Changes
Prospa may vary, suspend or withdraw these Rewards Earning Terms, including Eligible Transactions, in accordance with the Prospa Rewards Program Terms and Conditions.
