Log in. On the Wise "Home" page across the screen are the currency buckets you already have. At the end of the horizontal list there is a + sign with the note "Add another currency to your account". Click and add GBP and the account will generate a new tile in your list with a zero balance. Click on the new tile and it will open. Directly below the balance is a a small tile with several numbers. Click on that tile and all the GBP account details will be displayed. It should take about 30 seconds as already noted.Thanks ...hmmmm ... sounds like a project for the weekend .... with a bottle of gin to hand.
Yes I have and it's great. If you haven't already got one I can refer you.Hi,
Has anyone had experience using a Wise debit card internationally ?
Thinking of obtaining one for use in Europe and the UK.
You don't have to worry about small transactions and I suspect the exchange rate is better.I've got one, but only used it a few times to receive GBP and USD into UK and US Wise accounts. What is the advantage of the Wise debit card over using an ING fee free debit card or a credit card like the Coles Rewards Mastercard both of which don't charge any international currency fees?
egWhat are the exchange rates like? 'no fees' exchanges are usually a con because they hit you with anything from 2% to 4% difference from the spot rate. Can anyone tell me how much they differ?
You don't have to worry about small transactions and I suspect the exchange rate is better.
eg
I just put in $3,000 AUD to convert to UK Pounds use xe.com send money at it was 1650.84 - the same with wise was 1,683.78
The other advantage is you can transfer money to another currency when it's a favourable exchange rate and then spend in that currency.
I currently have 5 currencies on their and if I want to buy a friend something from Amazon UK it automatically takes it out as pounds.
You can also have three virtual cards which is good for online shopping.
A friend just received a large inheritance from the UK and it saved hundreds of pounds compared to banks
Costs nothing to open an account with them, so you can check the rates yourself.What are the exchange rates like? 'no fees' exchanges are usually a con because they hit you with anything from 2% to 4% difference from the spot rate. Can anyone tell me how much they differ?
That is just for cash withdrawals. I have made a couple of card purchases and only the 500k IDR withdrawal counted towards the limitI've just got a question about their fees, if I may.
Their website says that you can withdraw £200 per month and up to two withdrawals free per month. Is that just cash withdrawals? Or does it include purchases?
Just bumping this thread and if someone can confirm that Wise DOES NOT rebate local ATM fees?That is just for cash withdrawals. I have made a couple of card purchases and only the 500k IDR withdrawal counted towards the limit
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Thanks. That’s a pity. Think I’ll close the account I just opened… No benefit over two free cards I already have.I used the wise debit card overseas last month and can confirm that you do get charged 3rd party ATM fees when doing cash withdrawals which are not rebated.
Have you used 28° MC or debit cards from ING and UBank? They’re pretty much spot on the prevailing VISA or MC rate (no additional international transaction fee) - so not much difference to the spot rate. Wise appears to charge around 0.4% fee.This card (and revolut) smoke all other credit and debit cards issued from retail banks when used for tap and go purchases like a normal debit card. Their exchange rate is by far better than retail banks.
On a recent trip to New Caledonia I found the Wise rate was more than the Mastercard rate on my Coles Mastercard. So I would have been better off using my Coles Mastercard for the transactions.I used the wise debit card overseas last month and can confirm that you do get charged 3rd party ATM fees when doing cash withdrawals which are not rebated.
This card (and revolut) smoke all other credit and debit cards issued from retail banks when used for tap and go purchases like a normal debit card. Their exchange rate is by far better than retail banks.