TransferWise Debit Card

A bright green card to save you money when you pay abroad 💳💱

4.8/5
About

The TransferWise Debit Card is connected to the Borderless account, giving you access to 28 different currencies without the need to move money around.

When you spend money with your card, TransferWise will automatically exchange it in a way that is cheapest for you, choosing which balance is the best to convert into what you are spending 💷 🔀 💶

Would you recommend this product?
41 Reviews4.8/5

I don't have to worry about having money for whatever country I'm visiting, I know I'll get to pay for my expenses no matter where I am at the best rate I can get.

Pros:

I can use it everywhere, cheaply.

Cons:

Too easy to use, I spend too much money.

Upvote (15)Share

It's smooth as butter - I don't even remember I'm not transacting at my home currency anymore when I'm abroad. So transparent it hurts.

Pros:

If you don't have enough balance in specified currency it will use whatever balance you have available which will be cheaper to convert from

Cons:

No BRL balance available yet :(

Beta program has started.

Pros:

Saved money when paying abroad

Cons:

None

Beta for UK and Europe is out.

Pros:

Allows to pay in and be billed in local currencies when travelling. Ideal for people who constantly travel or live between two countries

Cons:

Only available for UK and EU for now

Any idea when the card will be available outside of the UK/EU, e.g. in Switzerland?

This makes the Bordeless account even more interesting!

Pros:

Free to pay with currencies in your account

Free ATM withdrawals up to £200 / month

A small fee (between 0.35% and 1%) if you convert money

Cons:

Currently available to borderless account-holders by invitation-only

What is the fee for ATM withdrawals above the £200 / month threshold?

Just got it and definitely recommend it already! Transferwise has by far been the smoothest banking experience so far from all the new tech banks i've signed up for.

Pros:

No longer have to transfer money to/from my bank accounts when exchanging.

Cons:

No way to deposit cash

I LOVE my TransferWise card.

I often buy services from a range of countries - especially software. This means I get billed in a range of currencies, which causes me extra cost when my Aussie credit card gets billed. Enter TransferWise's global card. I can deposit some USD, some EURO, some GBP and put all my SaaS / ecommerce purchases on one card.

With Borderless Accounts, you can also accept a variety of currencies - so whilst I work in Australia, I often have clients in UK and US, which means I can now easily accept payment into a 'local account' for my clients, and then reduce the transfer fees by holding those currencies until I'm ready to accept them, or pay for something locally.

Thank you TransferWise, for pushing the envelope of international life and financial arrangements.

Pros:

If I'm not holding enough of the currency I'm trying to spend, Transferwise will automatically transfer from another one at the best rate!

Cons:

Mobile app is still in beta, so they're working out some of the kinks.

Upvote (1)Share
How did you manage to get a card in Australia? Transferwise says "not in Australia yet"
Upvote (1)Share

Come to Canada. I'm told we're really nice.

Pros:

Sounds great

Cons:

Not in Canada yet

N/A 12

Pros:

Free to get, saves me shitloads of money in fees vs banks.

Cons:

N/A 12

Horrible customer service! For a stolen card they are unable to provide support during Christmas holidays, leaving you completely paralyzed and vulnerable. I would recommend Revolut which has much better customer service

Pros:

Better than banking

Cons:

Worse than its competitors

Need to get contactless

Pros:

It's great I can use in multiple currencies and instant notifications on the app.

Cons:

No contactless on the US Beta Card The billing on TFWise app should be segregated and not merely consolidated on the currency account.