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Wise

Do any of you have experience with the currency accounts of $WISE (-7.21%) ? I'm considering opening an account there due to frequent trips abroad, but does it really make sense?


Payment abroad: Covers my credit card with a fair exchange rate. I don't see any high fees or any at all. There would be $WISE (-7.21%) no advantage in my opinion.

Withdrawing money: I also have a credit card there with no fees when withdrawing, however the foreign ATMs take high processing fees. Does the debit card help me here? $WISE (-7.21%) debit card do me any good? I don't think so either. ATM fees remain here too, although I could withdraw USD directly. Possibly a better exchange rate by exchanging the currency beforehand at $WISE (-7.21%) yourself?!


Do I see this correctly, or what advantages do you have with the currency accounts?


Many thanks in advance

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1 Comment

Wise is for sending money to foreign accounts, for which traditional banks usually charge high fees. However, many banks already use Wise in the background and can therefore offer favorable conditions
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