Competitors
50
Summary
Wise provides a multi-currency account and an international debit card, enabling users to send, spend, and receive money globally with competitive exchange rates. It offers features like earning interest on balances and robust security measures for international financial management.
Feature Matches4/12
See all4/12
Must Have
1 of 5
Prepaid Debit Card (Cash App Card)
Instant P2P Transfers
Early Direct Deposit
Commission-Free Stock Trading
Bitcoin Trading
Other
3 of 7
Fraud Monitoring & Security
High-Yield Savings
ATM Access & Fee Reimbursement
Round-Up Savings
Pay Over Time (Afterpay)
Instant Discounts & Offers
Customizable Card Designs
PricingFreemium
See allFreemium
Account Registration
$0.00 one time
- Register for a Wise account
Holding Money
$0.00 one time
- Hold and convert between 40+ currencies in your Wise Account
Receiving Money (Domestic/Non-Swift)
$0.00 one time
- Getting account details to receive in 23 currencies
- Receiving domestic payments (non-Swift / non-wire) in AUD, CAD, EUR, GBP, HUF, NZD, SGD, TRY, USD
Receiving USD Wire and Swift Payments
$6.11 one time
- Receiving USD wire and Swift payments
Receiving GBP Swift Payments
£2.16 one time
- Receiving GBP Swift payments
Receiving EUR Swift Payments
€2.39 one time
- Receiving EUR Swift payments
Sending Money
OTHER 0.57 per use
- Sending money between banks, or from your account
Wise Multi-Currency Card (Physical)
$9.00 one time
- Get a new physical card
- Spend funds in your balance in the same currency online, in-store and abroad safely
- No subscription fees
ATM Withdrawals (Free Tier)
$0.00 monthly
- Withdraw up to 100 USD per month per account
- Limited to 2 or less withdrawals per month
ATM Withdrawals (Over Free Tier)
$1.50 per use
- ATM withdrawals over 100 USD per month per account
Account Funding Transactions
OTHER 2.00 per use
- Account Funding transactions
Converting Money
OTHER 0.57 per use
- Convert between 40+ currencies in your Wise Account
Rationale
Wise offers a multi-currency account with a debit card for spending and withdrawing cash globally, aligning with the 'Prepaid Debit Card' and 'ATM Access & Fee Reimbursement' features. They also mention earning interest on balances, which matches 'High-Yield Savings', and emphasize security and fraud protection, fitting 'Fraud Monitoring & Security'. However, Wise's primary focus is international money transfers and multi-currency management, not peer-to-peer transfers in the same way Cash App does (e.g., no $Cashtag equivalent for instant P2P between Wise users in the same currency). It also lacks direct deposit for early paychecks, stock trading, or bitcoin trading as core features.
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See allBest alternatives to [Product] in 2024?
Reddit·tech_enthusiast·2d ago·+142
I've been using Alternative A for 6 months now and it's been fantastic. The pricing is much better and the features are actually more robust than what [Product] offers.
Show HN: We built a better [Product]
Hacker News·startup_founder·5d ago·+89
After struggling with [Product]'s limitations, we decided to build our own solution.
It handles edge cases much better and the API is actually documented properly.
Check it out at our site.
[Product] vs Competitor B - which one should I choose?
Reddit·confused_buyer·Jan 28·+67
Honestly, after trying both, Competitor B wins hands down. Better customer support, cleaner interface, and they don't nickel and dime you for every feature.
Why we migrated away from [Product]
Hacker News·cto_mike·Jan 25·+234
The breaking point was when they changed their API without notice. We lost 3 days of productivity. Solution C has been rock solid for us since we switched.