wise card fees-latest at wise.com, Wise is a London-based financial technology company founded by Estonian businessmen Kristo Käärmann and Taavet Hinrikus in January 2011.
Wise was launched in 2011 with the vision of making international money transfers cheap, fair, and simple. Today, our multi-currency account helps millions of people and businesses manage their money across the world. Here’s how we got here.
They’re both from Estonia. Taavet, who was the first employee at Skype, lived in London but got paid in euros. Kristo worked for Deloitte, also lived in London, and got paid in pounds. But he had a mortgage in euros back in Estonia.
They both moved their money with their banks — which had expensive fees and bad exchange rates. They knew there had to be a better way. So they put their heads together and invented a beautifully simple workaround.
Wise overview
9 Dec, 18:07 GMT – Disclaimer
Fees for the Wise card
Low conversion fees allow you to spend anywhere in the globe at the current currency rate. And never make a subscription payment.
Spend anywhere and pay minimal exchange costs
Buy things online in any currency, or pay for things on holiday. If you don’t have the currency you need in your Wise Account, we’ll auto-convert it with the lowest possible fee.
Getting your Wise card
For more information about wise card fees visit wise official site wise card fees
Withdrawing money from an ATM
Make 2 withdrawals of up to 200 GBP each month for free. After that, we’ll charge 0.5 GBP per withdrawal. There’s a 1.75% fee on any amount you withdraw above 200 GBP.
Wise mission
We’re building money without borders — making it move faster, more conveniently, and eventually for free. Powering money for people and businesses: to pay, to get paid, to spend, in any currency, wherever you are, whatever you’re doing. It’s not empty words. Our teams are dedicated to making each part of it a reality.
Wise give you A better way to move money across borders
Each month, they looked up the real exchange rate on Reuters. Taavet put his euros into Kristo’s Estonian bank account, and Kristo topped up Taavet’s UK account with his pounds. Both got the currency they needed almost instantly, and neither paid an extra cent on bad exchange rates or unreasonable charges.
There was no waiting, no stress, and no extra cost. ‘There must be others like us…’ they thought. So they started a company, called it TransferWise, and hired a team to build the best way to send money between countries.
As we grew, we realised that people needed more than just money transfers. So we added a multi-currency account, a debit card, and a business account, and changed our name to Wise.
Wise today
Our name may have changed but the heart of what we do is always the same: helping people manage their money internationally more cheaply, quickly, and transparently.
Millions of people and businesses trust us to move their money, saving them bank fees and time. With the Wise account, they hold balances in over 50 currencies, and use our debit card to shop and spend while abroad.
We’ve partnered with banks and companies like Monzo, Bolt, and GoCardless, to bring their customers better international banking. And people like Richard Branson, and PayPal co-founder Max Levchin, among others, have invested in our vision.