We never, ever inflate the exchange rate.
There's a small fee to convert currencies — either in your account, or when you pay with your TransferWise debit Mastercard® in a currency that you're not holding in your account.
It's free to get a borderless account and debit card — though cards are only available to customers in Europe at the moment.
It's also free to get your bank details, hold multiple currencies, get paid from over 30 countries, and add money from a non-US bank account (there's 0.15% fee to add money from a US account).
|Creating your account||Free|
|Hold 40+ 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|
|Fixed fee to transfer money - business users only||
£0.50 / €0.60
|Card pricing (available in Europe)|
|TransferWise debit Mastercard®||Free|
|Spend in currencies in your account||Free|
|Convert a currency using your card||
|ATM withdraw up to £200 / 30 days||Free|
|ATM withdraw over £200 / 30 days||
|Spend in rare currencies||
Every time you pay in another currency, or move money abroad with your bank, you could be ripped off by overseas charges and inflated exchange rates. TransferWise isn't a bank. So here’s how we compare when you spend abroad:
|Cost to create account|
|Send £200 to EUR|
|Spend £200 on debit card in EUR|
|Withdraw £200 / month cash in EUR|
|Receive AUD, EUR, GBP and USD into your account|
Data collected by an independent research agency. Learn more
|AUD → EUR||0.45%|
|AUD → GBP||0.5%|
|AUD → USD||0.45%|
|CHF → EUR||0.35%|
|EUR → GBP||0.5%|
|EUR → INR||0.7%|
|EUR → USD||0.5%|
|EUR → AUD||0.7%|
|GBP → AUD||0.45%|
|GBP → EUR||0.35%|
|GBP → INR||0.55%|
|GBP → USD||0.4%|
|USD → EUR||0.6%|
|USD → INR||0.65%|
When you convert currencies — either within your account, or when you spend on your Mastercard — 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 table. You'll find a full list of currencies in our Support Centre.
For more currency routes visit our help center
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.