Curve now makes all your cards Zero FX

Share this post

London – September 20, 2018 – Curve brings simplicity and better financial control to its users and now it also does it for those travelling abroad. Starting from September 20th, travellers won’t have to worry about being overcharged by any of their cards, as long as they spend through their Curve card.

Currency conversion fees are a multi-billion dollar industry globally. Some major banks make up to 20% of their profits through hidden currency conversion fees they apply to customers’ foreign spend each year.

Curve introduces a new technology that eliminates these charges – saving consumers up to 5% on their holiday spend, without replacing your bank, your cards, or requiring to buy currencies in advance. With one card to rule them all, Curve makes sure that you will always get the real exchange rate, with no hidden fees.

In recent years, many challenger banks are offering cards with low to no foreign-spend fees. What sets the Curve card apart? Only Curve gives its customers the ability to spend abroad on any of their current VisaⓇ and MastercardⓇ debit and credit cards and avoid any of the currency exchange fees they are usually charged.

How? It allows them to sync all their cards with the Curve card and spend via the Curve card. Every time a user makes a payment with the Curve card, the card of their choosing will be charged. Like AppleⓇ Pay or GoogleⓇ Pay, but with a card. This also means that when they spend abroad through their Curve card, Curve does the currency exchange instead of their bank at the real exchange rate – saving customers up to 5% in fees which would otherwise be charged by their bank when they spend abroad1.

The perks of having Curve as a travel companion don’t end there:

No more topping-up abroad

Another advantage of the Curve card is that there are no pesky top-ups needed, or pre-buying of currencies, which is seen in the common low-cost travel prepaid cards that exists today. With these prepaid cards, another funding method is inconveniently required while travelling, and most of them have a minimum top-up of £100, with some or most of it usually ending up unused and unrecoverable after the holiday. Curve leaves all of that


behind: it auto charges the chosen account as its cardholders shop, similarly to how AppleⓇ or GoogleⓇ Pay work, but with a card that works everywhere Mastercard is accepted.

Carrying less cards means less risk

More and more people are becoming savvy holidaymakers with research showing almost two people in five don’t take jewellery on holiday and one in five don’t take any electronics.2 But a customer leaving their whole wallet at home wasn’t an option, until now. With Curve you can link all your cards to your one card and just take Curve out, leaving the rest safely at home or in the hotel’s safe. If you lose your Curve card, it can be locked in a tap. The card and app also hold no bank details from other cards, and are fully safe. The result? Travelling worry-free thanks to Curve simple control.

See your spending in multiple currencies instantly

Customers will also get a notification each time they spend with Curve that shows them the amount they spent in their home currency and local currency for each transaction. They’ll no longer have to do panicked mental math after paying and wonder if they have been ripped off in a foreign currency. They’ll also be able to feel reassured they are seeing every transaction that goes through on their accounts – keeping them secure and in control.

Great value for Curve users

In sum, this is one of the best travel currency propositions yet! Not only it is the most convenient (as customers do not need to pre-buy currencies), it also fits the spending patterns of over 80% of the market. Based on customer analysis showing that over 80% of travellers spend less than £500 abroad per month, using Curve’s Blue card abroad could save customers up to £25 each trip. And for those frequent travellers who spend thousands of pounds abroad, Curve created a Black tier with a £15,000 annual cap, accompanied by 1% cashback from high retailers such as Amazon, Uber, Selfridges, Sainsbury, Waitrose, Ocado and more.

Curve’s zero currency conversion fees service extends across more than 150 global currencies, which is also quite unique in the space. Other providers in the market (such as Revolut), only support less than 30 currencies.

The Details

Here are the details behind our new Travel proposition:

Blue (free) customers:

  • Spend Abroad: 0% fee and access to the Real Exchange Rate on spend in over 150+ supported foreign currencies worldwide. Initial cap of up to £500 per rolling month, and 1% fee thereafter (in November this will become 2% thereafter).


  • ATM Extractions Abroad: £200 at 0% fee, 2% or £2 per transaction thereafter (whichever is greater).
  • Weekend Spend Abroad: as the currency market is closed, we need to charge a 0.5% markup on Euros and US Dollars and 1% markup for all other supported currencies (in November this becomes 0.5% fee for Euros and US dollars, 1.5% fee for all other currencies).

If you’re a frequent traveller, you’d be better off using the Curve premium Black card: Black (paid) customers:

  • Spend Abroad: 0% fee and access to the Real Exchange Rate on spend in over 150+

supported foreign currencies worldwide, for an unlimited amount per rolling year – subject to a generous Fair Use Policy of £15000 and 1% fee thereafter (in November this will become 2% thereafter).

  • ATM Extractions Abroad: £400 ATM at 0 fee, 2% or £2 per transaction thereafter (whichever is greater).
  • Weekend Spend Abroad: as the currency market is closed, we need to charge a 0.5% markup on Euros and US Dollars and 1% markup for all other supported currencies (in November this becomes 0.5% fee for Euros and US dollars, 1.5% fee for all other currencies).

These are superior to comparable competitors, as with Curve you have zero fee when you spend with any of your cards.

What other benefits does Curve offer?

  • Get more:
    • Add all of your cards into Curve via the app and use them all with one debit card
    • Earn 1% cashback at major brands from our selected list of retailers for the first 3 months (Amazon, Uber, Gett, Selfridges, Tesco, Waitrose, Sainsbury etc.)
    • Spend in all supported currencies with no
  • Control:
    • Easily block the card from the app if you lose it, unblock it when you find
    • See instant notifications with all of your
    • “Go Back in Time” and move spend from one card to another, meaning if you were trying to be smart with your cards and slip up, you’re covered!
  • Simplicity:
    • Easily see an automatic breakdown of all your spending by category with insights and quickly and easily create and email your
    • Connect your Curve app to different apps, like Xero and do more with your money

Below are some facts about foreign spend to avoid hefty fees:

What exactly are FX Fees?

These are the fees that the bank or a card issuer charges their customers when they make a purchase abroad and foreign currency exchange take place. Customers are being charged on average 5% for each transaction they make depending on their bank or the card they are using. These handling fees garners the bank a profit on each purchase their customers are making.

What is an overseas cash withdrawal fee?

If a customer needs to withdraw cash while overseas, they face an additional cash withdrawal fee at the ATMs which is usually around 3%, on top of the foreign transaction fee! Curve has a free cash withdrawal cap of £200 for Curve Blue customers and £400 for Curve Black customers on all major currencies, and gives the customers the market rate, so they can easily withdraw cash anywhere MastercardⓇ is accepted. Curve charges a flat £2 fee or 2% for withdrawals above the cap.

What is Dynamic Currency Conversion?

When a traveller pays with their home card in a foreign country, they will often be asked at the terminal, which currency they would like to pay with, this is called Dynamic Currency Conversion. In this case, it is the retailer or the ATM that converts the price of the purchase into the other currency and takes a significant fee. This service is usually advertised as very convenient, as it allows people to see how much they are paying in their currencies at the moment of the purchase. However, the conversion rate is usually even higher than your bank’s. We would recommend to always choosing to pay in your home currency, or better yet – with Curve, that will dynamically convert the currency for you with no additional fees, saving you up to 5%.

More on Curve

The Curve card, powered by the Curve app, allows Curve customers to add all of their debit and credit cards into one MastercardⓇ, helping the user manage their money in a whole new way. Users have the ability to switch which card they wish to use for the payments.

For More Information

More To Explore


Are you a member of The Payments Association?

Member benefits include free tickets, discounts to more tickets, elevated brand visibility and more. Sign in to book tickets and find out more.


Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.

Having trouble signing?

We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.

First things first

Have you set up your Member account yet? If not, click here to do so.

Still not receiving your auto-login link?

Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.

Please click the button below which relates to the issue you’re having.

I didn't receive an e-mail

Tip: Check your spam

Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association

Tip: Check “other” tabs

Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.

Tip: Click the link within 60 minutes

For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.

Tip: Only click once

The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.

Tip: Delete old login e-mails

Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.

Tip: Check your security policies

Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.

Need to change your e-mail address?

For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.

Still got a question?