What are the charges for using my Zeller Mastercard overseas?

Overseas payments are processed and converted using Mastercard's exchange rate.

When a transaction is processed with a merchant overseas, the payment is processed in the local currency, and then converted to Australian dollars using Mastercard's exchange rate at the time of the transaction.

At the time the transaction is being processed, an additional foreign conversion fee of 2.99% is added to the transaction, and included within the final transaction amount.

This information can be found in the Zeller Mastercard Product Disclosure Statement.