The 6 Best Travel Money Cards for Indonesia
Indonesia is a close neighbor, but there’s still plenty of attraction for Malaysians looking for both a quick city break or a longer trip to explore. Whether you’re off to hike, hit the beach, or head to the shops in one of the major cities, a travel money card can make it cheaper and more convenient to spend when you’re away.
This guide covers all you need to know about travel debit cards, prepaid travel cards and travel credit cards, plus our pick of the top options available in Malaysia you might want to consider, and the sorts of fees you need to think about when you choose.
Wise – good value debit card for Indonesia
Before we get into details about different travel money card options, let’s start with the Wise card as a good all-round option that allows you to hold and spend in IDR, as well as a diverse range of other world currencies.
Wise accounts have the flexibility to hold and exchange more than 40 currencies, plus you can get a linked Wise card for a one-time delivery fee. You can either top up your account in ringgit and switch to IDR before you travel, or you can let the card automatically switch currencies as required. As soon as you order your physical Wise card, you can also create a Wise virtual card, which means there’s no need to wait to spend - just add your virtual card to a wallet like Apple Pay and you’re good to go.
Wise uses the mid-market exchange rate for currency conversion, with fees from as low as 0.43%. You can also get MYR bank account details, as well as local account details for up to 9+ other currencies, to receive convenient payments to your Wise account.
Here are some of the advantages and disadvantages of using the Wise travel money debit card, to help you decide if it's suitable for you.
|Pros of using the Wise card in Indonesia
|Cons of using the Wise card in Indonesia
✅ Hold and exchange 40+ currencies including IDR;
✅ No fee to spend any currency you hold, low conversion fees from 0.43%
✅ Mid market exchange rate on all currency conversion
✅ Physical and virtual cards available
✅ Some fee free ATM withdrawals every month
✅ No ongoing fees and no interest to pay
❌13.7 MYR delivery fee
❌No option to earn points or rewards
Quick summary: Best travel cards for Indonesia
You’ll be able to pick from a range of travel cards for Indonesia - the right one for you will depend on your personal preference and spending style. This guide is here to help you choose, with reviews of 2 of our favourite travel money cards from each category to help you compare. Here’s what we’ll be looking at:
Wise travel debit card: Hold 40+ currencies including IDR, with no ongoing fees, and spend with the mid-market exchange rate with no foreign transaction fee and low conversion costs from 0.43%
BigPay travel debit card: Top up in MYR and spend with a 1% foreign transaction fee, while earning AirAsia points
Enrich Money prepaid travel card: Hold and spend 20 currencies including IDR, and earn rewards in partnership with Malaysian Airlines as you do
Aeon prepaid travel card: Spend internationally with a low 1% foreign transaction fee, get rewards with Aeon partner merchants, and free ATM withdrawals at Aeon ATMs
RHB Visa Signature travel credit card: Get travel insurance, lounge access, 2% cash back on international spending, with a 1% foreign transaction fee
Maybank Visa Signature travel credit card: 5x rewards on overseas spending, access to fast track immigration clearance at airports, and to the Visa concierge service - 2.25% foreign transaction fee applies
6 travel money cards for Indonesia compared
Before we get into details about the cards we’ve picked out as worth comparing, let’s get a quick overview. Here’ve we’ll line up each of our 6 top travel money cards side by side based on key features and fees - there’s lots more information coming up, too:
|Fees for spending
|Indonesia ATM fee
|13.7 MYR order fee
|Free to spend any currency you hold, currency conversion from 0.43%
|Some free withdrawals every month based, low fees after that
|20 MYR order fee
|1% foreign transaction fee
|10 MYR card order fee; 10 MYR annual fee; 20 MYR deposit which is refunded when you close the card
Free to spend currencies you hold
1.75% fee to spend an unsupported currency
|Up to 10 MYR, depending on the ATM you pick
|25 MYR joining fee
|1% foreign transaction fee
|Up to 10 MYR, depending on the ATM you pick
|1% foreign transaction fee
|15% - 18% depending on usage
|Cash advance fee of 5%, minimum 15 MYR fee + 18% interest charge
|Not applicable (annual fee of 550 MYR applies after Year 1)
|2.25% foreign transaction fee
|15% - 18% depending on usage
|Cash advance fee of 5%, minimum 18 MYR fee + 18% interest charge
It’s useful to note that each card has been designed with specific customer needs in mind. Usually that means that travel debit cards are fairly cheap to use, while travel credit cards may have fees - but also often come with perks like cashback or rewards.
Travel debit cards are also handy if you’re on a fixed budget. Just top up your account with the amount you need - and there’s no credit line, so you can’t overspend by accident. Travel credit cards on the other hand let you spend to your card limit, and then repay the amount over a few months if you’d prefer to. Which is best for you will come down to how you like to manage your money - we’ll dive into a few more details about each card type, next.
What is a travel money card?
A travel money card will look and work in the same way as any other credit or debit card. You’ll be able to make payments in person and with a mobile wallet like Apple Pay, shop online, and make cash withdrawals.
What makes travel cards special is that they’ve been designed for international use - whether that's in person spending or withdrawals, or online shopping in foreign currencies. The features you’ll get differ depending on the card type and specific provider, but you might be able to hold a balance in multiple currencies, avoid foreign transaction fees, or earn cash back or rewards overseas.
What are different types of travel cards?
Generally you can split the different types of travel cards available in Malaysia into the following categories. We’ll walk through the features and benefits of each in a moment:
1. Travel debit cards
2. Travel prepaid cards
3. Travel credit cards
Travel debit card Option 1: Wise
There’s no fee to open a Wise account, and just a small delivery fee for your Wise card, with no minimum balance and no monthly charge. You just pay low Wise fees from 0.43% when you convert currencies, and transparent ATM fees when you exhaust the monthly free transactions available with your account.
No fee to open a Wise account, no minimum balance requirement
13.7 MYR one time fee to get your Wise card
2 withdrawals, to 1,000 MYR value per month for free, then 5 MYR+ 1.75%
Hold Indonesian rupiah (IDR) and 40+ other currencies, convert between them with the mid-market rate
Physical and virtual cards available
Get local account details to receive MYR, USD and 8+ other currencies conveniently
Read our full Wise card review to learn more.
Travel debit card Option 2: BigPay
BigPay is a popular e-wallet and card available to residents of Malaysia. You can get your card for a one time fee, and also access a virtual card for online and mobile payments. You won’t be able to hold foreign currencies in your account, but your MYR balance is switched to the currency you need when you’re abroad using the network exchange rate and a low foreign transaction fee of around 1%.
Popular e-wallet with lots of other features like bill payment and remittance
No annual fee and no credit check
Virtual card available as well as physical card
Relatively low foreign transaction fee of up to 1% depending on payment type
Earn AirAsia points when you spend
Pros and cons of using debit travel cards in Indonesia
|Pros of using debit travel cards in Indonesia
|Cons of using debit travel cards in Indonesia
✅ No possibility to run up interest costs or late payment fees
✅ Hold and exchange currencies in advance or at the time of spending
✅ Accounts can be topped up, viewed and managed digitally
✅ Safe to use, as accounts aren’t linked to your main Malaysian bank account
✅ Travel debit cards are issued on popular global payment networks
❌ Transaction and currency conversion fees may apply
❌ Cash back and rewards may not be available
How much does a travel debit card cost?
Travel debit cards often have a fee for delivery or to upgrade from a virtual card to a physical card. As this is usually a one time charge a travel debit card can still present very good value if you travel frequently or use your card to shop online on an ongoing basis.
How to choose the best travel debit card for Indonesia?
There’s no single best travel debit card for Indonesia - it really all depends on your personal preferences and how you expect to transact. If you travel a lot you may prefer to get an account with mid-market currency exchange and a large selection of supported currencies as well as IDR and MYR, like Wise. On the other hand, BigPay is a popular local e-wallet and card, which has a fairly low 1% foreign transaction fee and other perks like help with budgeting and analysing your spending.
Is there a spending limit with a travel debit card in Indonesia?
Most travel debit cards have limits for card use, which are set to make the card more secure. Limits may apply on the value of cash withdrawals or contactless payments for example, but in many cases you can view and change the default limits in the provider’s app.
ATM withdrawals with debit card in Indonesia
If you’re heading to Indonesia it’s worth remembering that in some areas, cash will be the preferred payment method - so choosing a card you can use to make low or no cost ATM withdrawals is helpful.
The costs of making ATM withdrawals will vary a lot based on the card you pick. Some - like Bigpay - have a flat fee, while others like Wise have a set limit for fee free withdrawals with low fees based on the withdrawal amount after that. Compare a few options using this guide to pick the one that’s right for you.
2. Prepaid Travel Cards for Indonesia
With a prepaid travel card you’ll need to order a card and add funds, to pay merchants and make cash withdrawals. Prepaid travel cards are usually issued on large global networks - and can therefore be used pretty widely. Terms, conditions, features and fees do vary quite a bit, so compare a few before you pick
Prepaid travel card option 1: Enrich Money
The Enrich Money is issued by Malaysian Airlines in conjunction with Merchantrade, and allows you to top up conveniently in advance of spending globally. There are free top up options, and some which come with a fee - and once you have a balance in ringgit you can exchange it to the currency you need, from the selection of 20 supported currencies including IDR. You’ll earn rewards as you spend which you can convert to balance to spend with no foreign transaction fee to spend in supported currencies when you’re abroad.
Hold and spend 20 popular global and regional currencies including IDR
Visa network for easy spending and withdrawals
Manage your card in an app for ease and earn rewards you can convert to cash back
1.75% fee to spend an unsupported currency
Annual and card issuance fees apply, as well as a refundable deposit
Prepaid travel card option 2: Aeon Prepaid Mastercard
The Aeon Prepaid Mastercard can be used at home and abroad anywhere you see the Mastercard logo. You can top up in a variety of ways, including using cash at an Aeon location - fees may apply depending on the method you use to load funds. Once you have money on your card, you can also get extra benefits when you shop with Aeon partner merchants, and free ATM withdrawals at Aeon ATMs.
No annual fee and no minimum income requirement
Spend anywhere Mastercard is accepted
Relatively low 1% foreign transaction fee
Get discounts and rewards with partner merchants
Safe and convenient to use
Pros and cons of using prepaid travel cards in Indonesia
|Pros of using prepaid travel cards in Indonesia
|Cons of using prepaid travel cards in Indonesia
✅ Manage your account online or with an app, to add more money or pay off your bill
✅ Accounts with no monthly fees are available
✅ Foreign transaction fees may be waived
✅ ATM withdrawals supported globally
✅ Some accounts have extras like options to earn reward points
❌Prepaid travel cards may not be accepted in certain scenarios, like when hiring a car
❌Transaction fees apply to most accounts
How much does a prepaid card cost?
Prepaid travel card costs do vary based on the provider you pick. You’ll need to Double check the terms of the card you prefer so you know what to expect. Bear in mind also that there can be a few different fees to consider - including some upfront one off costs, and some which are recurring. The Enrich card for example, has an issuance fee, an annual fee and a returnable deposit that you’ll need to pay upfront.
How to choose the best travel prepaid card for Indonesia?
The best travel prepaid card for Indonesia for you will depend entirely on your personal preference and what’s important to you. Enrich Money may be the natural choice if you use Malaysian Airlines a lot and want to hold a multi-currency balance for spending while earning rewards. The Aeon prepaid card is also a good bet with great global acceptance and no fees to make local ATM withdrawals when you’re in an Aeon location.
Prepaid travel card spending limit
To spend with a prepaid travel card you’ll first need to add money. Once you have a balance you can spend up to the amount loaded on the card - although there can be card limits for spending and withdrawals, which are set for security reasons. You’ll need to check your card’s terms and conditions carefully to make sure you pick a provider which suits your needs.
ATM withdrawals with prepaid cards in Indonesia
Prepaid travel cards may charge a fee when you make an out of network or international ATM withdrawal. It’s common to find there are some options for fee free local withdrawals in Malaysia, but costs of about 10 MYR are often added when you’re overseas.
Limits may also apply to how much or how often you can withdraw. For the Enrich card as an example, you can make up to 5 withdrawals to the value of 5,000 per day.
3. Travel Credit Cards for Indonesia
Travel credit cards typically come with some handy features designed for overseas spending, such as low foreign transaction fees and extra rewards or discounts when you spend foreign currencies. Whichever card you pick, bear in mind that you’ll need to pass eligibility checks and fees will apply if you don’t pay your bill in full, on time, every time.
Travel credit card option 1: RHB Visa Signature
The RHB Signature credit card lets you earn cash back on spending, with a tiered system which rewards more the more you spend. Local spending can attract up to 6% cash back, while you’ll also get up to 2% cash back when you’re spending in Indonesia. There’s no annual fee to pay with this card, and a relatively low 1% foreign transaction fee, which may make it an attractive pick for your next trip overseas.
Up to 2% cash back on foreign currency spending
80,000 MYR minimum annual income required
Free lounge access 5x per year, and discounts on additional lounge visits
Complimentary travel insurance
Variable interest rates which apply if you don’t pay off your bill in full
Travel credit card option 2: Maybank Visa Signature
The Maybank Visa Signature card is a premium card which has an annual fee of 550 MYR, but which offers 5x rewards on overseas spending, and lots of perks to make your trips abroad that bit easier. You’ll get access to fast track immigration clearance at airports, and can use the Visa concierge service for extra help when you need it - just bear in mind that the foreign transaction fee can be up to 2.25% which is on the higher side.
Annual fee waived in year one, then 550 MYR annually
5x Treats points for overseas spending, plus rewards when you spend at home
70,000 MYR to 100,000 MYR minimum income required
Airport speed pass to give you fast track immigration clearance in hundreds of airports
Travel insurance coverage and concierge services available
Pros and cons of using credit cards in Indonesia
|Pros of using credit cards in Indonesia
|Cons of using credit cards in Indonesia
✅Spread the cost of your travel over several months
✅Check eligibility for a card online with no impact on your credit score
✅You may pay no foreign transaction fee
✅Network exchange rates usually apply, which are usually pretty fair
❌Interest charged if you don’t repay in full every month
❌Eligibility rules apply
How much does a travel credit card cost?
The fees for your travel credit card can include several different charges - an annual fee, interest costs and penalties if you don’t pay on time for example. You can find some travel credit cards with no annual fee, but others which have more premium benefits are likely to have high fees so read the terms and conditions carefully before you choose.
How to choose the best travel credit card for Indonesia?
Doing some research is the only way to pick the best travel credit card for Indonesia for your own specific needs and preferences. Before you choose, make sure you weigh up the potential fees you’ll need to pay against the benefits and rewards you can earn to make sure it’s worthwhile, and bear in mind that you’ll run into interest charges if you don’t clear down your bill every month, too.
Travel credit card spending limit
Your travel credit card spending limit will vary depending on the issuer’s policy. You’ll be notified of the details for your card when your application is approved.
We mentioned earlier that in many places in Indonesia, carrying cash is essential. However, making an ATM withdrawal with a credit card can end up costly.
ATM withdrawals made with a travel credit card will usually mean paying a cash advance fee of around 5% of the withdrawal value, and immediate interest. Interest is likely to be set at the top end of the range that applies to your card - often about 18%. That may mean you prefer to keep your credit card for spending in store, and use a travel debit card for ATM withdrawals instead.
How much money do I need in Indonesia?
The costs of a trip to Indonesia can vary a lot. In major cities or super popular areas like Bali, accommodation and food prices rise quite a bit. But if you’re planning on hiking in the jungles or tackling one of the volcanoes, the chances are that you’ll find things pretty cheap.
You’ll need to plan your budget with a view to what you’ll be doing in Indonesia - if you’re hitting the Bali beaches, or want to stay in high end luxury in Jakarta, you can easily spend a lot. But Indonesia on a lower budget can still be a fantastic trip with some planning. To give an overview, here are some average prices for Indonesia as a whole:
|✈️ Flights to Indonesia
|At the time of writing (January 2024), you can get flights from various locations in Malaysia, to major Indonesian destinations from around 240 MYR
|Accommodation prices vary widely, depending on where you’re going, the time of year, and the specific destination within Indonesia
|🥣 Lunch in a restaurant
|A cheap meal will only set you back about 9 MYR - bear in mind that in major cities and tourist areas, restaurant prices can be significantly higher than this
|A one way public transport ticket costs around 1.5 MYR
Details correct at time of writing - 10th January 2024
Do some detailed research to see how much things are likely to cost based on your plans and where you’re headed, so you can set your budget. Get more detailed cost information by city, from Numbeo.com.
Conclusion: Which travel money card is best for Indonesia?
Using a travel card when you go to Indonesia can be a good way to spend and make cash withdrawals with lower overall costs. Different cards have their own features, but in all cases you’ll be able to tap and pay and make cash withdrawals in IDR just like you would at home. It’s worth looking in particular for a card which has low or no cost ATM withdrawals as you’ll run into situations in Indonesia where you really need some cash.
You could opt for a low cost travel debit card which comes with a linked account to hold a selection of currencies - like the Wise account. Or try a popular prepaid travel card like the Enrich card which lets you spend and earn rewards with Malaysian Airlines. Finally, if you’d prefer to spread the costs of your trip over a few months and don’t mind paying extra to do so, travel credit cards from major banks like RHB and Maybank are worth a look, for reward earning opportunities and easy ways to spend now and pay later.
FAQ - Best travel cards for Indonesia
Can you withdraw cash with a credit card in Indonesia?
You can withdraw cash with a credit card in Indonesia at any ATM where your card’s network is accepted. Fees may apply, including cash advance and interest charges, and extra costs added by the ATM operator. Using a travel debit card, such as the Wise card, which has some fee free ATM withdrawals every month, can often be cheaper than using a credit card.
Can I use a debit card in Indonesia?
Yes. Debit cards can be used in Indonesia for spending and cash withdrawals. Just look out for the card network symbol displayed by the checkout or on the ATM you’re thinking of using. Bear in mind that in more rural areas, small stores, in markets and when taking a taxi, you’re likely to need cash rather than a card.
Are prepaid cards safe to use in Indonesia?
Prepaid cards are safe to use when you travel as your travel money is held separately to your bank account. That means that even if you’re unlucky enough to have your card stolen, thieves can’t access your main bank account. Plus, you’ll be able to make cheap or free ATM withdrawals as you travel, so you don’t have to carry around too much cash at any one time.
What is the best way to pay when travelling in Indonesia?
There’s no single best way to pay in Indonesia - it’ll depend a lot on where you’re going exactly. In major cities and tourist resorts, card payments are often supported and can be convenient and secure. However, cash is still a popular payment option in many places, so having some with you is a smart plan. Generally, in Indonesia and elsewhere, having a selection of payment methods on you, including a low cost travel debit, prepaid or credit card, as well as some cash, means you’ll always be able to pick the best option for the specific transaction type.