Global Wallet

Global Wallet serves as a financial tool designed to manage transactions effortlessly, giving users the freedom to spend and withdraw funds using both physical and virtual cards until a specified date. The platform is built for individuals looking for a streamlined way to handle their monetary assets on the go.

Until October 31, 2021, you’ll be able to continue using your funds through regular transactions or ATM withdrawals. However, it’s important to be aware that after February 1, 2021, certain perks such as earning Velocity Points and fee exemptions on ATM transactions and fund redemptions ceased.

Notably, while the opportunity to acquire a replacement physical card was no longer available post-June 30, 2021, the validity of your existing physical and virtual cards has been extended until October 31, 2021, to make accessing and redeeming your funds more convenient. The virtual card, in particular, can be accessed right from within the platform until this date.

One significant feature to consider is that from September 27, 2021, transactions in non-AUD currency will no longer be available. Thus, any foreign currency in your wallets will be converted to AUD around September 28, 2021, and relevant wallets will be closed. Within seven days of closure, the AUD balance will be transferred to your AUD wallet.

Beyond November 1, 2021, both the physical and virtual cards will be rendered unusable, and your sole option for redemption will be via the Account Centre. This focus on simplicity and financial management positions the app as a user-oriented product, streamlining the process of handling funds with ease and accessibility.