Mastercard Multi-currency Cash Passport review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Mastercard Multi-currency Cash Passport suits travellers who want to hold and spend several currencies on a prepaid card. Currency conversion runs at 5.75%, well above the free level at Monzo Flex and Bitpanda, so the case rests on loading each currency wallet rather than on converting often.
Key facts
- Best for
- Holiday money in several currencies held on a prepaid card.
- Currency conversion fee
- 5.75%↗
- Card type
- Prepaid↗
- Top-up fee
- 2% on Pound Sterling wallet top up; free on foreign currency wallets↗
- Card network
- Mastercard↗
- Currencies
- 22↗
- Legal entity
- PrePay Technologies Limited↗
- Support channels
- Email, Phone, Help-centre↗
- Features
- Multi-currency, Travel
- Official website
- cashpassport.com
Facts checked September 26, 2026, 4 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- Holds 22 currencies, with multi currency and travel at its core
- Top ups are free on foreign currency wallets
- Regulated in the UK by the Financial Conduct Authority under licence 900010
- Support runs on email, phone and help centre
Cons
- A currency conversion fee of 5.75% is high next to Monzo Flex and Bitpanda, which convert with no charge
- Pound Sterling wallet top ups carry a charge, unlike foreign currency top ups
- With a prepaid card from PrePay Technologies Limited, each currency wallet has to be funded before it can be spent
Who it suits
- Travellers holding money in several currencies before a trip
- Holidaymakers who want spending money kept separate from a bank balance
- People who want a prepaid card supervised by the Financial Conduct Authority in the UK
Who should look elsewhere
- Monzo Flex or Bitpanda users, where conversion carries no charge against 5.75% here
- Anyone who wants the card to spend straight from a bank balance, since the prepaid structure is funded by top ups
- Wise for frequent converters, where the fee is 0.1% rather than 5.75%
How Mastercard Multi-currency Cash Passport compares
8.7 vs 9.4
8.7 vs 9.0
8.7 vs 8.2
8.7 vs 9.5
8.7 vs 9.6
8.7 vs 9.0
8.7 vs 9.1No currency conversion charge against 5.75% here, which suits cards used for everyday spending.
8.7 vs 8.9
8.7 vs 8.1
8.7 vs 8.2
8.7 vs 9.5
8.7 vs 9.4
8.7 vs 9.2
8.7 vs 9.1
8.7 vs 9.0
8.7 vs 8.9- 8.7 vs 8.8
8.7 vs 8.8
8.7 vs 8.6
8.7 vs 8.5
8.7 vs 8.3
Where Mastercard Multi-currency Cash Passport is available
- Available
- Australia, Canada, Japan, Malawi, New Zealand, Qatar, South Africa, United Kingdom
- Licence in United Kingdom
- Financial Conduct Authority (900010), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the card charge for currency conversion?+
Currency conversion runs at 5.75%. That sits above the free level at Monzo Flex and Bitpanda, and above 0.1% at Wise. The charge shows up when you pay in a currency you have not already loaded into a wallet.
How many currencies can I hold?+
The card holds 22 currencies, with multi currency and travel the features it is built around. You load the currency you plan to spend into its own wallet ahead of the trip, which keeps most conversion out of the picture.
What does it cost to top up?+
A charge applies on Pound Sterling wallet top ups, while foreign currency wallets top up free. Loading the currencies you plan to spend keeps repeated Sterling charges away, and the conversion fee of 5.75% only matters if you pay in a currency you have not held.
Is this a debit card?+
It is a prepaid card on the mastercard network, run by PrePay Technologies Limited. You fund the wallets with a top up before spending, so the card suits travel money held apart from a day to day bank balance.
Who regulates the provider?+
The provider is regulated in the UK by the Financial Conduct Authority under licence 900010. That UK regulation covers the card and its wallets, and PrePay Technologies Limited is the legal entity behind the accounts.
How do I get help?+
Support runs on email, phone and help centre. That gives a phone route as well as email and a help centre, which matters when a prepaid balance is affected while you are abroad.
How does the conversion fee compare with the alternatives?+
Monzo Flex and Bitpanda convert at no charge, while Wise charges 0.1%. The 5.75% here is the highest of the four, so a traveller paying in currencies already loaded pays none of it.
Who is this card for?+
It is built around multi currency and travel, so it suits travellers who want spending money in 22 currencies kept in one place. Anyone who prefers a prepaid card under UK regulation can hold several currency wallets on the same card.
Sources
- cashpassport.mastercard.com/uk checked September 26, 2026
Backs: Currencies, Features
“One Card, Twenty Two Currencies. ... Load up to 22 different currencies on one card.”
- cashpassport.mastercard.com/uk/contact-us checked September 26, 2026
Backs: Support channels
“Email us at cardservices_prepaid@mastercard.com ... Be sure to check out our help centre first. ... UK - 0800 056 0572”
- cashpassport.mastercard.com/uk/fees-and-limit checked September 26, 2026
Backs: Currency conversion fee, Legal entity, Top-up fee, Licences
“Foreign exchange fee 5.75% Fee for using your card for a transaction in a currency which is not available on your card”
- cashpassport.mastercard.com/uk/help checked September 26, 2026
Backs: Card type, Card network
“The Multi-currency Cash Passport is a chip and PIN protected prepaid Mastercard® currency card.”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Free ATM withdrawals, Protection.
Mastercard Multi-currency Cash Passport
Holiday money in several currencies held on a prepaid card.