YouTrip, Asia Pacific’s leading multi-currency travel card trusted by millions of users with over US$15 billion annual transaction volume, today announces its launch in Australia. This marks the company’s first expansion after the COVID-19 pandemic. Its entry offers Australians a smarter, more cost-efficient way to travel, providing mates rates, no fees, all day, and up to 4% extra savings on foreign currency transactions.

Australia is one of the world’s most active outbound travel markets, with Australians taking over 12.3 million trips in the past 12 months¹. Despite over A$50 billion being spent on international leisure travel², Australian travellers consistently lose value due to inflated exchange rates and hidden fees charged by credit cards and money changers.

YouTrip’s arrival offers Australians a timely alternative for their upcoming Christmas holidays, with mates rates, no fees, all day. Travellers can enjoy up to 4% savings on foreign currency spend, plus 2% additional cashback³ on international purchases for the first five months —helping every travel budget go further.

Caecilia Chu, CEO and Co-Founder of YouTrip, said: “Australians love to travel, but hidden fees and poor exchange rates are eating into every trip. YouTrip was founded with the mission to deliver a more affordable, accessible and convenient way for travellers to make overseas payments. Australia’s strong travel culture and demand for better foreign exchange value make it the perfect next step for us. We’re excited to bring Australians the same trusted experience our users across Asia love - helping them unlock more value on every trip.”

The YouTrip Advantage: Mates Rates, No Fees and Up to 4% More Savings
YouTrip gives users direct access to real-time mid-market exchange rates for over 150 currencies. Unlike other cards available in Australia, YouTrip is the only travel card that truly offers 0% FX fees, $0 annual fees and no hidden charges - including on debit/credit card top-ups, international purchases, and ATM withdrawals.

This means travellers can enjoy up to 4% extra savings compared to credit cards, other fintech multi-currency cards, or money exchangers. For example, the same A$1,000, YouTrip gave travellers A$40 more in Japanese Yen (¥4,105)⁴.

Beyond getting mates rates with no fees, YouTrip offers additional features designed to maximise every dollar spent overseas:

• Enjoy 2% cashback³ on international purchases (A$40 cap/month) during the first five months of signing up

• Free ATM withdrawals worldwide, up to A$1,500 free overseas withdrawals per calendar month⁵

• Exchange and lock rates for 10 currencies (AUD, USD, EUR, GBP, SGD, HKD, JPY, CHF, CAD, NZD) anytime, anywhere, at the convenience of a single tap

Driving Growth Beyond Asia
YouTrip is one of Asia’s fastest-growing fintechs, with millions of users across the region. It processes over US$15 billion in total payment volume annually, and has raised over US$110 million to support its technology development and market expansion.

Australia serves as a strategic springboard for YouTrip’s accelerated plan to expand into other high-travel economies across the Asia Pacific, cementing its position as the region’s leading multi-currency digital payments platform. As part of its Australian entry, YouTrip is building a local team across operations, marketing, finance, compliance, and customer support.