Does Wise take a fee

Question

Accepted Answer

Yes, Wise takes a fee for some services, such as sending and converting money, but registering an account and holding money are free.

Wise has no subscriptions or plans, so you pay only for the services you actually use.

Account registration: Signing up for a Wise account costs nothing.
Holding money: Keeping a balance in your account is free for most currencies.
Sending and converting money: The fee depends on the currency and payment method, typically starting from about 0.33% plus a small fixed amount. Conversions use the mid-market exchange rate with no hidden markup.
ATM withdrawals: Withdrawals are usually free up to a monthly limit that varies by region, such as 100 to 250 in USD, CAD or GBP. Once that limit is passed, a small percentage fee applies.
Debit card: Ordering a Wise card involves a one-time fee that depends on your country.

Since charges differ by country, currency and payment method, the Wise pricing pages for your region and its online fee calculator show the exact cost of a service before you use it.