Wise Fees Explained: Money Transfers, Account & Card [2026 Updated]

Wise (formerly known as TransferWise) is a specialist in low cost currency exchange, multi-currency accounts, and international money transfers for individuals and businesses.

While some providers bundle costs together or hide fees in the exchange rates used, Wise is transparent about pricing so customers only pay for what they need, and always know in advance exactly what the service will cost. Read on to learn more.

Quick summary: Wise transfer fees 🌍

*Details correct at time of research – 25th February 2026

➡️ 📚 You can also get the detailed view of Wise transfer fees, Wise personal fees and Wise business fees here. Let’s get started.

💡 Make a fee-free international transfer with Wise

Check out the Exiap promo code to get a free Wise transfer for new Wise customers.

You could send up to 2,000 GBP or the currency equivalent, with no Wise fee to pay:

Wise fees: An overview 💡

Wise fees are structured around 3 key principles – costs are fair, transparent, and progressively being lowered to allow customers to get the best possible value. These commitments mean that Wise doesn’t hide or bundle fees like other providers.

All costs are shown upfront – and while that can be a lot to take in, it does mean you’ll always know exactly what your transaction is costing you.

Details correct at time of research – 25th February 2026 About Wise pricing: Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information. Wise will not charge you for these withdrawals, but some additional charges may occur from independent ATM networks

Wise money transfer fees

The costs you pay do vary a little based on your preferred payment method – ACH and wire tend to be the cheapest options, which we’ll look at in more detail later.

Whichever payment method you pick, you’ll always see the full fee before you confirm the transaction.

Here are the Wise fees for sending money internationally to a few different countries around the world, when paying by connected bank account (ACH) as an example:

*Details correct at time of research – 25th February 2026

Wise fee calculator

When you arrange a Wise international transfer online or in the Wise app you’ll be able to instantly see the full cost, the exchange rate available, and the estimated delivery time, using the Wise fee calculator.

1. Choose the currency you’re sending to and from
2. Enter the amount you want to send, or how much you want the recipient to get
3. Choose how you’ll pay for the transfer

The Wise fee calculator will show you the payment method fee, the Wise fee, and the total cost. You’ll also see exactly what your recipient will receive, and when it’s likely to arrive in their account.

Take a look at the Wise fee calculator by clicking the button below, to see how much you could save on your international payment.

➡️ Go to Wise Fee Calculator ⬅️

Sending large amounts with Wise

Wise is a safe provider to choose for high value international transfers. In fact, you can even get a discount on your costs if you regularly send Wise payments for yourself or your business. Wise high value transfer discounts are automatically applied with no need to pre-arrange the fee.

If you send more than 25,000 USD in one payment or in multiple transfers in a month you could get an automatic discount of up to 0.17%.

*Details correct at time of research – 25th February 2026

Which way is the cheapest to pay with Wise?

When you’re sending a payment with Wise from the US you can choose to pay by bank transfer (ACH), bank wire, SWIFT, with a card, or with money you already have in your Wise account.

Paying by bank deposit (ACH) or bank wire is usually the cheapest way to pay with Wise for international money transfers from the US.

• For international money transfers, our comparisons showed that under $3,750, sending money via a bank debit is cheapest with Wise.
• For international money transfers, our comparisons showed that over $3,750 sending money through a wire transfer is cheaper with Wise.

At approximately $3,750 the currency conversion fee becomes higher with a bank transfer than with the wire transfer due to the fixed fee costs of a wire transfer.

Here’s a look at the costs of sending a payment of 1,000 USD from the US to the UK, split out by different payment method:

*Details correct at time of research – 25th February 2026

Wise ACH Fees for sending money

Often you’ll find paying by ACH – also known as bank debit – is the cheapest option to pay for your Wise transfer.

If your account is registered in one of Wise’s registered states, Guam, the Virgin Islands or a country outside the US, you can send up to 50,000 USD every 24 hours when you pay by ACH.

Here’s a quick look at the fees you’ll pay for a Wise ACH transfer of different values. Again, we’ll imagine you’re sending money to be deposited in GBP to an account in the UK:

*Details correct at time of research – 25th February 2026

Wise wire transfer vs ACH

Whether paying by ACH or wire is cheapest will depend on the value of your payment. For higher value payments, wires may work out cheaper overall compared to using an ACH.

Wire payments however may be a little slower to be deposited compared to paying with an ACH.

Here’s a comparison of a few different payment values and what it’ll cost you to pay with wire vs ACH:

*Details correct at time of research – 25th February 2026

Wise currency conversion fees

Currency conversion with low, transparent fees is what Wise does best.

Wise currency exchange uses the mid-market exchange rate with the conversion fee shown clearly so you can check you’re getting a good deal.

You can check today’s live Wise exchange rate from here, and calculate conversion fees here.

Wise fees for receiving money internationally

If you’re going to receive payments into your Wise account:

With Wise you can get local account details in 8+ currencies, and receive international payments with no Wise fee using these details.

There is a Wise incoming wire transfer fee of 6.11 USD if you want to receive a US dollar wire to your Wise account. However, there’s no Wise fee to receive a USD ACH transfer.

Here’s a summary:

• Receiving domestic payments (non-Swift / non-wire) in AUD, CAD, CAD, EUR, GBP, HUF, NZD, SGD, TRY, USD – no Wise fee
• Receive USD by wire or SWIFT – 6.11 USD fixed fee applies
• Receive SWIFT payments in 20+ currencies – fixed Wise fee which varies depending on currency (correspondent banks may also charge fees which are out of the control of Wise, and which can not be refunded)

zIf you’re going to receive a payment sent through Wise, in your local bank account:

If you’re going to receive a payment sent through Wise, the sender will be paying Wise transfer fees.

⚠️ Depending on the payment method the sender uses, it’s likely there won’t be Wise charges for you as the recipient. However, if the sender uses the SWIFT method, there might be correspondent banks fees.

How does Wise pricing work?

Wise international transfers have a couple of different transparent costs which are split out so you can see what you’re paying.

• Payment method fee: this covers the fixed costs associated with the transaction
• Wise fee: this covers the cost of the currency exchange

The overall costs of your transfer depend on the currency involved, the payment method and the value of the transfer, but can be from as low as 0.57%. You’ll always see the full fee upfront, with no sneaky hidden fees to worry about.

Wise’s commitments include:

• Being radically transparent about costs
• Charging as little as possible – and lowering fees over time
• Using fair pricing so you only pay for the services you use

💡 Learn more about How Wise money transfer works.

Wise Account fees (formerly Wise Borderless Account)

You can open a Wise multi-currency account as an individual or for your business, and get a linked Wise Multi-Currency Card which allows you to spend money internationally without paying high foreign transaction fees.

Wise accounts can hold 40+ currencies, and the Wise Multi-Currency Card can be used in 150+ countries. You can also get account details for 8+ currencies, to receive payments conveniently from abroad.

Fees to add money to Wise Account

The Wise top-up fees you pay depend on how much you want to add, and which currency you’ll pay in.

If you need to convert currencies to deposit them into your Wise account, a small fee will apply.

Here are some examples:

• To add 1,000 EUR to your EUR account paying with USD it will cost $9.53 for a wire transfer and $5.43 with a bank debit (ACH).
• To add 1,000 GBP to your GBP account paying with USD it will cost $10.58 for a wire transfer and $6.78 with a bank debit (ACH).
• To add 1,000 CAD to your CAD account paying with USD it will cost $8.16 for a wire transfer and $3.3 with a bank debit (ACH).

Wise Account fees for holding money

It’s free to hold money in your Wise account. In fact, you can hold money in 40+ currencies for free including USD, EUR, GBP and CAD.

Fees for sending money from your Wise Account

Once you hold money in your Wise account you can use it to send payments to 140+ countries. Sending money from your Wise Account balance in generally cheaper than other payment methods.

Wise to Wise transfer fees

Wise to Wise transfers are free where no currency conversion is required.

If you want to send money to a Wise account in another currency, there is a small conversion fee.

Wise Multi-Currency Card fees

You can get a Wise Multi-Currency Card which lets you spend in 150+ countries, with no foreign transaction fees to worry about.

You’ll pay a low, one time fee to get your card, and then there are no ongoing Wise Multi-Currency Card fees at all.

Simply top up your Wise account in USD, and your card can convert to the currencies you need with the lowest possible fee, which means that Wise international fees are often lower than those you might get with banks.

There are a few Wise Multi-Currency Card transaction fees you’ll want to know about before you get started using your card.

Wise Multi-Currency Card ATM fees

With Wise, you’ll get some no-fee ATM withdrawals every month, no matter where in the world you are.

You can find how much is left of your no fee monthly ATM withdrawal allowance easily in the Wise app, so you’ll always keep on top of your costs.

Here’s how the Wise Multi-Currency Card ATM fee shapes up:

• First 2 withdrawals up to a combined total of $100/month for no fee.
• After this, a fee of 1.5 USD + 2% of the withdrawal value applies
• Keep in mind that ATM operators may charge their own fees, and fee amount might vary by ATM operators.

Wise Multi-Currency Card international transaction fees

There’s no Wise foreign transaction fee, and there’s no fee to spend any currency you hold as long as you have enough in your account to cover the cost of the specific transaction. That means you can either load your Wise account with US dollars and convert to the currency – or currencies – you need, to spend with no fees later, or you can let the card convert for you at the point of spending.

➡️📚 Learn more: Wise Multi-Currency Card for travel

In either case, you’ll get the mid-market exchange rate and the low conversion fees Wise is famous for.

Does Wise charge transaction fees?

What you pay to use Wise will depend on the services and transaction types you need. Some transactions are free, and for others, there’s a low, transparent fee to pay.

➡️ 📚 You can get the detailed view of Wise transfer fees, Wise personal fees and Wise business fees on Wise website.

Wise foreign transaction fees

Wise does not have a foreign transaction fee. It’s free to spend any currency you have enough of in your account, and if you need currency conversion you’ll pay a small fee from 0.57%, based on the currencies involved.

Many bank debit or credit cards will charge a foreign transaction fee whenever you spend or make a withdrawal in a foreign currency. The exact costs depends on the card you have, but it’s often about 3% of the value of the transaction.

How does Wise pricing compare?

Before you choose a provider for your international payment it’s a smart idea to compare a few options, to make sure you’re getting the best available deal.

The good news is that money transfer specialist providers are often cheaper than using a bank. However, even some specialist providers might include a part of their fee in the exchange rate they use.

That means you’ll need to look carefully at the overall costs and exchange rates to find the cheapest provider for your payment.

At Exiap you can compare providers transparently, to find the best money transfer service for your needs based on both the fees and exchange rates available. You can enter the country or currency you are sending money to, and the amount you need to send to see how providers compare. Find the comparison tool here.

➡️📚 Read Wise vs international bank transfer to learn more.

How do Wise exchange rates compare?

Wise currency exchange uses the mid-market exchange rate with low and transparent conversion fees. You can compare Wise exchange rates here.

How do I avoid Wise fees?

Credit card is always the most expensive option to send money overseas, followed by debit card. To avoid Wise international transfer fees, you’ll want to avoid these payment methods if you can.

In the example we reviewed earlier about sending $1000 to the UK, with a credit card, the costs increase to $65.65. Debit card increases the cost to $16.52. Choosing a bank debit instead would only cost you $5.9.

Pick ACH as your preferred payment method instead of using a credit card, and you could save $59.75 in one money transfer alone!

The easiest way to avoid Wise transfer fees is to pay by bank debit (ACH) for international money transfers under $3,750 or with a bank wire for money transfers over $3,750. Work out how much you will pay in fees with Wise’s pricing calculator.

➡️ You can also check out our promo code to get your first transfer for free (up to the value of 2000 GBP equivalent). Learn more here Wise promo code.

Useful resources:

1. Wise send money
2. Wise Account
3. Wise Pricing
4. Wise Business Pricing
5. Receiving fees and adding money to Wise Account
6. Wise large payments
7. Wise guide to USD transfers

Claire Millard

Author

Claire Millard

Fintech Content Writer

Claire Millard is a content and copywriter with a specialty in international finance. Her work has featured in The Times and The Telegraph, as well as industry magazines and leading personal finance blogs.

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Seyma Mektepli

Reviewer

Seyma Mektepli

Editor-in-chief

Seyma is an experienced content writer and editor-in-chief at Exiap, delivering informative articles on personal finance, and money transfers.

Read more

Last updated

March 30th, 2026