Borderless account pricing - beta

Everything you need to know about our borderless account pricing.

No set-up or subscription fees

Your borderless account is free to open. It’s also free to get your bank details, hold multiple currencies, and add money.

There's a low, transparent fee for converting currencies within your account — and for moving money out of your borderless account into your bank account.

Fees for using your card

There’s plenty you can do for free with your TransferWise debit Mastercard®. And you’ll only pay a conversion fee when you spend in a currency that isn’t in your account.

Spending currencies you have in your account

Spending currencies you don't have in your account There’s a low, upfront conversion fee for spending in a currency that isn’t in your account. Fees are typically between 0.35% - 1%. More details in the table below.

Spending currencies that TransferWise doesn’t support
TransferWise supports 96 currencies worldwide. But if you spend in a currency we don’t support, then Mastercard rates apply.

Withdrawing cash from an ATM
Withdrawing money from ATMs is free during our beta phase. Starting July 1st, it will be free to withdraw up to £200 a month (or another currency equivalent), with a 2% fee thereafter.

Fees for converting currencies

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

You’ll also pay a low, upfront conversion fee. This 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 the table to the left. And you can find a full list of currencies in our Support Center.


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

Sophie, British expat in Sydney

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.

Go to my account