What is a gift debit card in Australia?
A gift debit card is a prepaid card that functions similarly to a regular debit card but is pre-loaded with a fixed amount of money. These cards are typically purchased as gifts for others or for specific spending purposes.
The Benefits of Gift Debit Cards:
- Flexibility - choose gifts based on your preferences
- Convenient for gifting, eliminating the need to select specific items
- The card is safer than giving cash, with some protection against loss or theft
How do I Get a Gift Debit Card?
You can buy gift cards at Many supermarkets, department stores, and convenience stores in Australia sell gift cards, including gift Visa debit cards. Some banks and online retailers also offer the option to purchase gift Visa debit cards electronically.
Choose the amount you want to load onto the card. Gift cards typically come in fixed denominations (e.g., $50, $100, $200).
Go to the retail location where gift cards are sold, or purchase online, just visit the retailer’s website or the website of the bank offering the gift card. Follow the instructions to purchase and load the card.
Usually, you need to activate the card by phone or online before it can be used.
You can also place free funds on a savings account.
Calculate your future income on a savings account (example):
| Amount, $ | Rate, % | Accrued %, $ |
| 25,000 | 3.55% | 888 |
| 25,000 | 3.60% | 900 |
| 25,000 | 3.65% | 913 |
| 60,000 | 3.70% | 2,220 |
| 60,000 | 3.75% | 2,250 |
| 60,000 | 3.80% | 2,280 |
| 120,000 | 3.85% | 4,620 |
| 120,000 | 3.90% | 4,680 |
| 120,000 | 3.95% | 4,740 |
| 240,000 | 4.00% | 9,600 |
| 240,000 | 4.05% | 9,720 |
| 240,000 | 4.10% | 9,840 |
Can I apply for gift Visa debit cards?
Yes, you can apply for and purchase gift Visa debit cards in Australia. These cards work similarly to gift cards but are accepted wherever Visa debit cards are accepted, both online and in stores.
Are there gift debit cards with rewards in Australia?
In Australia, gift debit cards typically do not come with rewards programs in the same way that credit cards or some debit cards do. Gift debit cards are usually pre-loaded with a fixed amount of money and are intended for one-time or limited use, often as gifts or for specific purchases.
Can I get a cashback gift debit card?
Cashback gift debit cards specifically designed for earning cashback rewards also are not commonly available.
Details of companies offering the financial services:
ANZ Bank
Head office’s address: 833 Collins Street
Contact center: 13-13-14
Phone: 61-3-9683-9999
Mail address: 833 Collins Street Docklands, Melbourne
Web-site: http://www.anz.com
Swift code: ANZBAU3M
Financial institution code: ANZ
Stock code: ANZ
ABN: 11 005 357 522
BSB: 015-891
Australia Post
Contact center: 13-76-78
Web-site: https://auspost.com.au
Bank of Melbourne
Head office’s address: 525 Collins Street
Contact center: 61-132266
Phone: 61-3-9982-4186
Mail address: 525 Collins Street Melbourne
Web-site: https://www.bankofmelbourne.com.au/
Swift code: SGBLAU2S
ABN: 33 007 457 141
BSB: 193-879
CommBank
Head office’s address: 201 Sussex Street
Contact center: 13-22-21
Phone: 61-2-8055-4001
Mail address: Level 10, Tower One, Darling Park, 201 Sussex Street
Web-site: https://www.commbank.com.au/
Swift code: CTBAAU2S
Stock code: CBA
ABN: 48 123 123 124