I want to travel!
Where to go?
Taking a well-earned break? Firstly, you’ll need to choose when and where you want to go!
Some things to consider include:
- When to travel? When going overseas it’s a good idea to check out the weather, so you don’t get stuck in monsoon season! Travelling within Australia? Check for school holidays as it can be more expensive to travel at these times.
- DIY or organised tour? Do you want to plan your own itinerary or have it all done for you? Sometimes an organized tour can be cheaper but may not offer the flexibility that you want. Consider your options and whether a tour suits your travel style and budget.
- Annual leave? Do you have enough annual leave accrued or will you need to take some unpaid leave? Will you get paid while you are away? Don’t forget the bills won't stop at home while you’re away!
- The glamorous life or on a shoestring? Are you living the glamorous life or will you be looking for the cheaper option?
- Bargains galore? Keep a look-out for any last minute internet deals and any advertised packages.
- What’s the boring stuff? Do you need a visa? Is your passport current (and will it need an extra 6 months before it expires?) Will you need any immunisations? These can all take time and be quite costly so it’s good to check you are covered.
|You might be interested in:|
What to do?
What do you want to see and do? What are the must-dos and the activities that you’re not-so-fussed on?
Check out tripadvisor.com - It has heaps of helpful hints and feedback from people who have been there, done that and rated it all. It can also help find you great deals for hotels and travel packages around.
Look into what tours and activities are available early as there may be some discounts if you book in advance.
If you’ve got plenty of time before you leave, open up a special savings account so you can make regular deposits (without touching) until you have saved enough. If you’re short of funds, a personal loan could be an option. Read more about Personal Loans, Apply Online or see how much you can borrow using the Personal Loan Calculator.
When preparing your budget you will need to take into account all the big and little costs. The big costs like accommodation and flights should be booked early to get a better deal. Using comparison sites is a great way to get an idea of what each will generally cost.
You should also make a day to day budget to cover food and public transport costs. If you are on a super tight budget it might be worthwhile ensuring that your accommodation either comes with breakfast included or a kitchenette to save on eating out for every meal, which can get quite costly.
It’s a good idea to make sure that you have extra money just in case of an emergency. An Overdraft connected to your Visa Debit card may be the most suitable way to ensure you have back-up funds, whilst not getting charged interest if you do not use it. It’s like your very own financial safety net. Read here about Overdrafts or Apply Online.
Don’t forget that the exchange rate will affect how much you need to save!
Money & Multi-Currency Cash Passport
At MYCU we offer a Multi-Currency Cash Passport. With this card you can load up to ten currencies onto one easy-to-use card (with a spare card linked to the same account for your partner or in case you lose the main card).
You can get one through any MYCU branch, and can be used without linking it to your MYCU accounts so you know your accounts with us are safe and sound.
As these cards are prepaid, they can be topped up from the MYCU mobile banking app or through Internet Banking using BPAY®.
With the Multi-Currency Cash Passport card the date that you transfer the money on is the date that the exchange rate is locked in so you don’t have to worry about the value decreasing.
Protect yourself with Travel Insurance
Protect yourself while you are abroad with Allianz Travel Insurance. There is nothing worse than getting stuck, losing your luggage, or even worse getting hospitalised, while you’re on your overseas trip.
With Allianz Travel Insurance, you have access to emergency assistance 24 hours a day, 7 days a week. There are four different levels that you have access to so you can be covered in any circumstance
- Comprehensive international
- Australia only
- Budget cover
- Frequent traveller
Get a quote and purchase your policy
Talk to MYCU about your trip.
We’ll be jealous but it means we’ll expect foreign transactions on your account and we can also keep an eye out for any unusual activity. Simply complete the Overseas Notification Form.
Beware the roaming charges! You don’t want to come home to find that you left international roaming on for the entire trip and now have a $600 phone bill. Talk to your service provider before you leave to avoid this.
Register on smartraveller.gov.au – the Australia Government is able to contact you and your family in the event of an emergency. You can also use this website to see how safe the areas you are travelling to are and what you should avoid.
Rates & Fees
Thank you for your excellent service. We truly appreciate it. We are highly pleased with the professional manner in which our personal loan and home loan was finaread more
Thank you very much for that. I would like to add that over all the years I have been with Resources/My Credit Union and all the dealings I have had with them, Iread more
I have never been happier with banking institution than since I joined what was Resources and now is My Credit Union. I will NEVER do business with the "bigread more