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Fee-free spending abroad with TallyMoney

Fee-free spending 

anywhere in the world.

Forget dollars, euros, rupees—the only currency you need to take with you next time you go away is tally.

You see, we’re here to make things as simple for you as possible when you’re travelling…

And while we can’t carry your bags or tell you how much you need to tip to avoid getting a look, what we can do is ensure paying for things is exactly the same abroad as it would be at home.

It’s why, whether you’re using tally to buy a meal in a restaurant, withdraw cash from an ATM, or pay a local taxi driver… 

We’ll never charge you anything for spending with us when you’re in another country. 

Nothing.

Nada.

Fee-free spending.

What you see is what you get.

Seems fair, right? Why should you have to cough up for the privilege of spending your hard-earned money just because you’re away from home?

You shouldn’t. Yet still, charges for international spending are—and always have been—a disappointing reality for us Brits.

You can thank your friendly high street bank for that.

Travel Smart: how to avoid currency exchange rip-offs and enjoy fee-free spending.

In a traditional UK bank account, your money is held in pounds. So, when you use that account to buy something internationally, you’re exchanging those pounds for whatever the local currency happens to be.

You’d think it would be as simple as that. But during the process, your bank will often make a quick buck (or in this case pound) by adding their own costs.

These typically fall under two categories:

  • Foreign exchange fees, which include the commission and exchange rate markups you’re charged for converting one currency into another. 
  • International transaction fees, which is what you pay for the processing of a transaction made in a foreign currency or with a foreign merchant.

These costs add up. Recent research suggests banks typically charge 3% per transaction and 4.75% per ATM withdrawal to customers who use their account abroad.

That £1,000 vase you’ve got your eye on in Venice? Well, if you want it, you’re going to have to give the bank £30 if you use your card or £47.50 if the vendor only accepts cash. 

These are significant amounts.

The banks claim such charges compensate for the costs and risks associated with international transactions. We say it’s largely just another way for them to squeeze money out of their customers.

That’s why we’ve made sure it’s different when you hold your money in tally.

When you use tally to pay for things abroad, your tally will be converted into the local currency and you’re good to go. Simple as that. 

No foreign exchange, no international transaction, and no ATM withdrawal fees—you could even use the money you save to buy a pina colada or two.

What we would advise, however, is that you make sure you pay in local currency at all times and check any ATM machine you use is free-of-charge. If you don’t, it’s the local banks who will complete the conversion of your tally to the local currency. They may very well add their own mark-ups and machine charges.

There are other reasons to use your TallyMoney account when you’re away, as well…

  • STABLILITY: Tally is a gold-backed currency. This means it holds its value and is stable during times of global volatility. Fiat currencies like pounds, euros, and dollars are controlled by governments and can dramatically lose value in response to geopolitical events. Remember how weak the pound became after Brexit?
  • VERSATILITY: Your TallyMoney Debit Mastercard—virtual and physical—is accepted wherever Mastercard is globally. That’s more than 37 million locations worldwide, giving you plenty of choice. Some cards aren’t as widely accepted as they charge extra fees both to customers AND retailers for their use. TallyMoney Card offers fee-free spending anywhere you are.
  • SECURITY: You don’t want to lose your card in the first place. If you do, though, the last thing you want to do is spend hours on the phone trying to cancel it. With a TallyMoney account, you can lock your card instantly with the tap of a finger using our app.
  • SHARING: Imagine a family member is off traveling the world and has run out of funds. Sending money tally to tally is instant and free, so wherever they are in the world they can receive tally and spend via the TallyMoney Card or take out cash at an ATM.

So, as well as the fact you can travel with peace of mind that you aren’t being stung by hidden foreign exchange fees… you know you’re covered in all the ways you’d expect to be too.

If you’ve not opened and set up your TallyMoney account yet, make sure you do today. 

Continue Reading

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Let’s get physical: How much gold bullion and printed fiat currency actually exists?

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Why Faster Payments aren’t always so fast

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How to get a TallyMoney account

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Real World Examples

  1. Fancy a coffee? Use your TallyMoney Mastercard. Boom – paid. (Yes, you’re buying a flat white with gold. How amazing is that?)

  2. Need cash? Use any Mastercard ATM worldwide or spend across the globe. ZERO fees from us, ZERO markup. (When you spend or withdraw, your gold converts instantly at the global spot price. No catches, no hidden charges – just straight-up Mastercard exchange rates. Because your money shouldn’t cost you… more money.)

  3. Want some money back in your bank? Just tap ‘transfer’ in the app. (Though after a while, you might wonder why you’d want to…)

    Zero faff. Zero waiting. Zero fees when you spend tally.

Meet Cameron Parry

Meet the guy who wouldn’t accept being trapped in a ‘heads they win, tales we lose’ government-run monetary system that protects and benefits the financial institutions, to the detriment of the public. Where people’s deposits are constantly at risk, and losing value through inflation caused by central bankers and politicians.

If necessity is the mother of invention, then frustration may be the roommate’s cousin of motivation. In any case, he decided to stop getting mad and start a new monetary system with sound money. Where deposits serve the depositor, where savings build wealth for savers, and transactions are made in a familiar way. And he called it TallyMoney.

TallyMoney: Gold upgraded

With TallyMoney:

  • Your pounds instantly become physical gold (1 tally = 1mg of real gold)
    Stored in Swiss vaults (not under your bed)
  • Fully insured and allocated (actually yours, not a paper promise)
  • Spend it anywhere with your TallyMoney debit Mastercard
  • Transfer back to pounds instantly if needed (but why would you?)

We’re not anti-bank because it’s trendy. We’re anti-bank because the current system is rigged against you. Every day you leave money in a “savings” account, you’re funding their profits while your wealth evaporates.

Enter gold: the original currency

Why gold? It’s value is universally acknowledged.

  • It’s not controlled by any single government
  • It can’t be printed or manufactured
  • It’s actually scarce 
  • It requires effort to extract it 
  • It doesn’t rust, decay, or disappear
  • It has remarkable properties

So while the pound’s lost 50% of its value since 2004, gold’s grown by 146% in the last decade alone. While your bank savings got mugged by inflation, gold owners were laughing all the way to… well, not the bank.

But here’s the rub: Traditional gold ownership is a right pain. Buy physical bars? Prepare for storage fees that’ll make your eyes water, insurance premiums that never end, and a 5-10% haircut when you need to sell. Plus, try buying your weekly shop with a gold ingot.
Paper gold ETFs? They’re classed as Tier 3 assets for a reason – that’s financial speak for “risky as hell.” You don’t own gold, you own a promise. A tradeable IOU. And when everyone wants their gold at once? Good luck with that. So you’re stuffed either way: real gold that’s impossible to use, or fake gold that might not be there when you need it.
Until now.

The truth about inflation

How? Well, when politicians overspend (and they invariably do), they need more money to ‘stimulate the economy’. But raising taxes makes voters angry. So what do they do? They fire up the money printer, and boy do they love to print. To give you a sense of the scale, since 2015 the Bank of England has created £520bn out of thin air through “quantitative easing” (electronic money printing) plus £86bn in physical currency. 

Thing is, more pounds in circulation = each pound is worth less. Think about it: In 2004, £100 could buy you a decent night out, theatre tickets, and a cab home. Today? That same £100 barely covers the theatre tickets. Your money didn’t disappear – it was diluted, like someone’s been topping up your whisky with water when you weren’t looking.

The “2% inflation target” they bang on about? That’s them telling you they plan to steal 2% of your wealth every single year. And calling it healthy.

How TallyMoney actually works?

  1. First things first: we’ve got actual gold bullion* (none of that paper-promise nonsense) locked up tight in a Brinks vault in Switzerland. Yeah, those Brinks – the security legends who’ve been protecting valuables since Queen Victoria was on the throne.

  2. You send your pounds to your TallyMoney account (bye-bye, inflation-addicted fiat!).

  3. We use the global gold spot price to instantly turn your currency into its weight in gold. No hidden or fuzzy exchange rates, just the real market gold price + 1.49% gold purchase fee.

  4. Each milligram of your physical gold = 1 tally (we keep it decimal because no one wants to faff about with troy ounces – the specific unit for measuring gold).

  5. That’s it! Your app shows your balance in tally, but remember – those aren’t just numbers on a screen. That’s your solid gold, in milligrams, sitting pretty in Switzerland.
  6. You can now save and spend your gold as you see fit.

*All Tally gold is sourced from LBMA-accredited providers because we’re rebels with a cause… and standards. Instead of tracking the gold price per kg, your money is directly converted based on the real-time global gold spot price.

TallyMoney is 
real money

  1. Store of value
    Your gold sits in a Swiss vault (not getting ‘quantitatively eased’ away)
    Evidenced by 5,000 years of holding its value
    Can’t be inflated by government whim and fingers on the ‘currency print’ button
  2. Medium of exchange
    Spendable at 150+ million shops worldwide (thanks, Mastercard)
    Currency converts instantly at market rates (no sneaky margins)
    Moves as quickly as sending a text 
  3. Unit of account
    1 tally = 1mg of gold. Simple
    Stable enough to actually plan your future with
    Speaks every currency’s language (gold’s kind of a big deal everywhere)

This is why TallyMoney is so much more than just owning Gold – it’s a real financial revolution. We’re not just helping you own gold; we’re bringing back what money was always meant to be. Sound Money for a Brighter Future. Because your hard work and wealth deserve better than being slowly robbed by external forces.

We want you to have real money

  1. A store of value:
    Keeps its value over time
    Insulated from devaluation/inflation
    Actually rare and can’t be created out of thin air
  2. Medium of exchange:
    Easy to use for everyday transactions
    Widely accepted
    Can be transferred efficiently
  3. Unit of account:
    Works like a proper value-measuring stick (imagine if your ruler shrunk every year – mad, right?)
    Splits nicely into useful bits
    Reliable enough to plan your future with

Why does this matter? Because your hard work deserves better than being turned into monopoly money by someone else’s actions. Every time your currency loses value (inflation) its stealing from your past work, which harms your present savings, and your future dreams.