This article is intended for Australian members. If you're looking for instructions for CoinJar UK, visit this article.
CoinJar Card fees
|Card issuance (digital and physical card)||$0|
|Account management||$0||CoinJar does not charge any monthly or annual fees.|
|In-store and online purchase||1% of the transaction amount||This fee is returned to you as CoinJar Reward Points. Click here for more information.|
|Foreign transaction||+2.99%||Transactions made in a currency other than Australian dollars will be subject to the current Mastercard exchange rate plus a 2.99% foreign exchange fee.|
|ATM withdrawal (physical card only)||1% of the withdrawal amount||CoinJar Card may be used at ATMs that accept Mastercard. The ATM operator may charge an additional fee. ATM operator fees vary by ATM operator.|
|Transaction dispute||$27.50 per transaction|
Typical Transaction Example
Lara uses her CoinJar Card to purchase some pastries from her local bakery. Her pastries cost $12 in total and she will be charged a transaction fee of 1% on this card purchase.
Total fees: 1% of $12 = $0.12
Total amount deducted from Lara's CoinJar account: $12 + $0.12 = $12.12
Foreign Transaction Example
Syed uses his CoinJar Card to purchase a book that costs $200 CAD from an online bookstore based in Canada. At the time, Mastercard's exchange rate is 1 Canadian dollar equals 1.09 Australian dollar.
His purchase converts to $218 AUD and he will be charged a 2.99% fee based on that amount.
Foreign transaction fee: 2.99% of $218 = $6.52
CoinJar transaction fee: 1.0% of $218 = $2.18
Total fees: $6.52 + 2.18 = $8.70 AUD
Total amount deducted from Syed's CoinJar account: $218 + $8.70 = $226.70 AUD
CoinJar Card limits
|Maximum daily spend||$5000|
|Maximum daily transactions||25|
|Maximum daily ATM withdrawal amount||$1000||A minimum of $20 applies for all ATM withdrawals.|
|Maximum daily ATM withdrawals||5|