That is correct in regard to general purpose prepayment cards.

However in regard to foreign currency travel money cards this is not really the case. These cards are the new alternative to travellers cheques, foreign currency or being ripped of by your regular bank and, as such, are popular amonst all. If you look at cards like FairFX or CaxtonFX they are designed with a regular card savvy business traveller in mind. They offer excellent exchange rates and infact some of them can only be loaded with debit card/bank transfer.

So in all likelihood the Nationwide card should be an alternative worthy of serious consideration by the majority of prepaid foreign currency card customers.

As far as i can see there are no travel prepaid cards available to buy in the UK in A$.

Its certainly not worth getting a euro or dollar one as you will end up paying exchange rates twice (pounds to euro/$ and then into A$).

The best card would be a nationwide credit or debit card. they charge no commision and offer one of the best exchange rates (i check when i go through my statments after holiodays). The debit cards also free for using in foreign ATM's! If getting an account with them is too much hassle, then just apply online for their credit card and make commision fee purchases when you're there, you then only need to bring enough cash for taxis etc where you cant pay by card.

Hope this helps

The post office travel money card can use dollars, euros or pounds. If using overseas, it's best to use either £ or A$ (if available) as otherwise you'll get charged to convert to euros then more charges to convert to A$.

There are plenty of Australian prepaid cards (none are credit cards or debit cards though). If you google for "Australian prepaid card" you will find some.