More AI tools. Less token tax.
For Fear & Greed listeners, we're offering 1% cashback on all AI spend on major platforms, uncapped for 90 days.
From prompts and subscriptions to recurring platform costs, AI spend adds up quickly. What many businesses miss is the extra layer underneath: FX markups and international transaction fees when AI tools are charged in USD.
Airwallex helps you take control of global spend with multi-currency wallets and cards with 0% international transaction fees by default. T&Cs apply.*
Airwallex Pty Ltd (AFSL No. 487221). The information in this table is based on our own online research, and doesn’t take into account your objectives, financial situation, or needs. Airwallex was not able to manually test each tool or provider. Read the Product Disclosure Statement (PDS) for the Direct Services available here.
Airwallex Pty Ltd (AFSL No. 487221). The information in this table is based on our own online research, and doesn’t take into account your objectives, financial situation, or needs. Airwallex was not able to manually test each tool or provider. Read the Product Disclosure Statement (PDS) for the Direct Services available here.
How the extra fees happen
AI subscriptions bill in USD
AI platforms such as Claude and Cursor bill Australian customers in USD.
Your Australian card converts the payment
When you use your AUD card to make the payment, a currency conversion takes place.
You may be charged an FX markup
Australian banks typically charge between 1.5%–3.5% for every foreign currency transaction.
How you save money on AI subscriptions with Airwallex
Hold USD in an Airwallex Global Account
Use your multi-currency Airwallex account to draw on your USD funds when you need it.
Pay for subscriptions in USD
Use your Airwallex card to pay for subscriptions in USD, drawing directly from your account balance.
Avoid FX fees
If you already hold the currency, no FX fee applies. If you don’t, Airwallex will check whether you hold a balance in another major currency and apply a 1% auto-conversion fee.
“The expense claim process before using Airwallex was very clunky and involved doing department expenses in bulk on a month-by-month basis. It was time-consuming and something I dreaded. With Airwallex, I can get on top of expenses instantly without having to deal with monthly bottlenecks, and it’s a much nicer and more fluid experience.” “I’m now using an Airwallex card for all my eCommerce and department expenses. It’s great for in-person payments. But most of my payments are online, and it’s also on my phone, loaded in Apple Pay. It provides a super seamless experience."
Joe Sharplin
Head of eCommerce, AS Colour
“It’s amazing to know that when my staff are in the US, they’re using the card to just pull money from our US Global Account, so we’re saving foreign transaction fees and ATM fees,” says Kate. “We also connect the cards to all of our US-based subscriptions like Shopify and international paid advertising. That all comes through Airwallex now too, which again saves us that exchange rate.”
Kate Nixon
Founder
Frequently asked questions
What is the Fear & Greed cashback offer?
Fear & Greed listeners can access 1% cashback on all AI spend on major platforms, uncapped for 90 days. The offer is designed for businesses looking to make AI spend more cost effective, especially where tools are billed in USD and incur international transaction fees. Full eligibility criteria, offer details and terms can be found in the Terms & Conditions.*
How can Airwallex help me save on AI subscription costs?
Many AI tools are billed internationally, which can make costs harder to manage. Airwallex helps reduce unnecessary international card fees and gives you more control over FX when paying global vendors.
Do I need a separate foreign currency account to pay for AI subscriptions in USD?
No. Airwallex lets you collect and hold 20+ currencies in one Global Account, so you can manage global business spend from a single platform.
Can I create separate cards for different AI tools or teams?
Yes. You can create virtual cards instantly for different employees, teams, or expense categories, including software subscriptions. That makes it easier to separate spend across tools, projects, or departments.
Who can open an Airwallex account in Australia?
Most Australian businesses are eligible. In general, you’ll need an active ABN, valid ID for directors or owners, and standard business registration documents.