Borderless account pricing

Everything you need to know about our borderless account pricing. Say bye bye to crazy bank fees for good.

The real exchange rate, always.

We never, ever inflate the exchange rate.

With the borderless account you only pay a small fee to convert currencies - either in your account or when paying with your card in a currency you don't have in your account.

It's free to get a borderless account and debit card. It's also free to get your bank details, hold multiple currencies, get paid from around the world and add money from a non-U.S. bank account (U.S. bank incurs 0.15% fee).


Account pricing
Creating your account Free
TransferWise debit Mastercard® Free
Hold 29 currency balances Free
Get a UK account number and sort code Free
Get a U.S. routing and wiring number Free
Get a European IBAN Free
Get an Australian account and BSB number Free
Convert currencies


Transfer money to a local currency account

£0.50 / €0.60

Card pricing
TransferWise debit Mastercard® Free
Spend in currencies in your account Free
Convert a currency using your card


ATM withdraw up to £200 / month Free
ATM withdraw over £200 / month


Spend in rare currencies

Mastercard rate

TransferWise compared to your bank

Every time you pay in another currency or move money abroad with your bank you could be being ripped off with overseas charges and inflated exchange rates. Here’s how we compare:

Compare the costs

Cost to create account
TransferWise Free
Barclays Free
Lloyds Free
Natwest Free
Send £200 to EUR
TransferWise 70p
Barclays £5.50
Lloyds £15.90
Natwest £26.44
Spend £200 on debit card in EUR
TransferWise 70p
Barclays £11
Lloyds £12.92
Natwest £10.06
Withdraw £200 / month cash in EUR
TransferWise £0
Barclays £12.50
Lloyds £13.88
Natwest £13.94
Receive AUD, EUR, GBP and USD into your account
TransferWise Free
Barclays Free
Lloyds Not possible
Natwest Not possible

Data collected by an independent research agency. Learn more

Route Conversion fee
AUD → EUR 0.7%
AUD → GBP 0.7%
AUD → USD 0.7%
CHF → EUR 0.5%
EUR → GBP 0.5%
EUR → INR 0.7%
EUR → USD 0.5%
Route Conversion fee
EUR → AUD 0.5%
GBP → AUD 0.45%
GBP → EUR 0.35%
GBP → INR 0.7%
GBP → USD 0.4%
USD → EUR 1%
USD → INR 0.9%

Low currency conversion fees

When you convert currencies - either within your account, or spending on your card - you'll always get the real, mid-market exchange rate. Like the one you see on Google.

If you're spending on your card in a currency you don't have in your account, we'll automatically convert the balance with the lowest fee, so you never have to worry.

The conversion fee depends on the currencies you're converting, but typically, it'll be between 0.35% and 1%. Fees for our most popular currency pairs are in this tablet. You'll find a full list of currencies in our Support Centre.

For more currency routes visit our help center


For expats like me this is a total game-changer.

Sophie, British living in Sydney

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TransferWise financial regulation

TransferWise is an authorised Electronic Money Institution independently regulated by the Financial Conduct Authority (FCA) in the UK.

This means we're required by law to keep your money safe by storing it in a low-risk financial institution - in Europe this is in our UK account with Barclays, in the US this is in our US account with Wells Fargo.

The TransferWise debit Mastercard® is issued by TransferWise Ltd under license by Mastercard International Inc. Mastercard is a registered trademark, and the circles design on the card is a trademark of Mastercard International Incorporated.

Bye bye bank fees, hello world.

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