WISE FEES AND CHARGES
Wise offers transparent and fair pricing for various services. Here are the key details:
- Sending Money:
- The fee for sending money varies by currency and starts from 0.43% of the amount sent.
- No hidden subscriptions or monthly fees.
- Spending with Your Wise Debit Card:
- You can withdraw up to 350 NZD/AUD per month per account for free.
- For ATM withdrawals over 350 NZD/AUD per month, there’s a fee of 1.50 NZD/AUD per withdrawal.
- When spending abroad, there’s a 1.75% fee on the amount withdrawn.
- Account Funding Transactions:
- This applies to topping up e-wallets and other accounts in certain currencies (details available in the FAQ).
- The fee is 2%.
- Getting the Wise Debit Card:
- There are no subscription fees.
- The cost for obtaining the Wise debit card is 14 NZD.
- Currency Conversion:
- The fee for converting money varies by currency and starts from 0.43%.
- Wise uses the mid-market exchange rate for currency exchanges.
- Holding Money in Your Account:
- You can hold 40+ currencies in your Wise account for free.
- Receiving Money:
- You can receive account details in 9 currencies (AUD, CAD, EUR, GBP, HUF, NZD, SGD, TRY, and USD) for free.
- Receiving non-wire payments in these currencies is also free.
- For receiving USD wire payments, there’s a fixed fee of 4.14 USD.
- For receiving CAD SWIFT payments, there’s a fixed fee of 10 CAD.
Wise’s Principles:
- Low, and Getting Lower: Wise aims to reduce prices until they eventually become free.
- Radically Transparent: They use the mid-market rate and never hide fees.
- Fair for All: You pay only for what you use, without subsidizing someone else’s “free.”
The information on this page was correct as at 13 March 2024 – For more detailed information, you can visit the Wise Pricing page1. Wise provides a convenient and cost-effective way to manage your money globally! 🌏💸
