No. TransferWise Borderless is completely different from a travel money card. With TransferWise you can deposit money for free into your Borderless account (simply transfer from your regular account or use POLI).
Then you can turn your AUD or NZD money into any of the other currencies you have activated for free on your account. There’s only a small currency switch fee charged by TransferWise, which is much lower than any bank will charge you.