Wise card review (2026): Fees, features & alternatives in Singapore

Key Takeaways:

• The Wise card comes in two versions: a personal debit card (one-time S$8.50 fee) and a business debit card (first card free). Both let you spend in 160+ countries (as of 15 June 2026) with competitive exchange rates and a small conversion fee.

• Both cards include S$100 of free overseas ATM withdrawals per month, after which a 1.75% fee applies (as of 15 June 2026).

• Airwallex offers a free corporate card as part of a broader financial platform that includes expense management, global payouts, and a full payment gateway.

If you're looking at the Wise card, there are two versions to know about: a personal debit card and a business debit card.

Both let you spend overseas at competitive exchange rates without the markups most banks add, but they work differently and suit different needs.

This review covers both cards — how they work, what they cost, and where they fall short. We also compare the Wise card to popular alternatives in Singapore, so you can decide which card fits your situation.

What is the Wise card?

Wise is a UK-based fintech that lets individuals and businesses send money internationally, hold multiple currencies, and spend abroad.

It offers two debit cards: a personal debit card and a business debit card. Both pull from your Wise multi-currency balance when you spend — the main difference between them is the card fee and what's included in the account.

The personal card costs S$8.50 as a one-time fee.¹ The business card is free for your first card, with additional team cards at S$4 each.² For a full breakdown of fees across both cards, see the fees section below.

Information in this section is based on Wise’s official website as of 15 June 2026.

Wise card fees

The Wise card charges no monthly fee on either the personal or business version. Most fees are transaction-based — what you pay depends on how you use the card.

This information is based on information published on Wise’s website, accessed on 15 June 2026. Information reflects Airwallex's own research and has not been independently verified.

ATM withdrawals

Both cards can be used at overseas ATMs. However, Singapore-issued Wise cards cannot be used at ATMs within Singapore due to local regulations.³

For both personal and business cards, you get up to S$100 in free overseas withdrawals per month.³ Any amount above this is charged at 1.75%.³

Information in this section is based on Wise’s official website as of 15 June 2026.

Currency conversion

Wise converts currencies at the mid-market rate, which is the same rate you see on Google or XE.com. The conversion fee for both business and personal cards starts from 0.23%⁴ and varies by currency pair.

Information in this section is based on Wise’s official website as of 15 June 2026.

Is the Wise card safe?

In Singapore, Wise operates through Wise Asia-Pacific Pte. Ltd., which is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution under the Payment Services Act 2019. This means Wise is subject to MAS oversight on how it holds and moves customer funds.

At the card level, you can freeze and unfreeze your card instantly through the Wise app if you misplace it or spot a transaction you don't recognise. You can also replace or cancel your card from the app if it is lost or stolen. The Wise card supports Apple Pay and Google Pay, so you can leave the physical card at home and pay from your phone.

One thing to note: if Wise detects suspicious activity on your account, it may restrict your card and freeze it automatically. In that case, you won't be able to unfreeze it yourself — you'll need to contact Wise support.¹⁰

How to use the Wise card for travel

The Wise card is designed for overseas use. Here are a few practical steps to get the most out of it before and during your trip.

Before you travel

Load the currencies you need into your Wise account before you leave. This way, you're spending from a balance you already hold — not converting on the fly, which can sometimes carry a higher fee. Check the Wise app for the exact conversion fee for each currency pair before you convert.

If you're only travelling to one country, load the local currency. If you're visiting multiple countries, you can hold several currencies at once and the card will draw from the right balance automatically.

While you're travelling

Use the card for in-store and online purchases overseas. The card draws from your held balance at no extra charge. If you don't hold the local currency, Wise converts at the mid-market rate plus its standard conversion fee.

For cash, note that your free ATM withdrawal limit is S$100/month. Plan your withdrawals to stay within the limit and avoid the 1.75% fee that applies above it.

Keep the Wise app open during your trip. You'll be able to track spending, freeze your card if needed, and top up your balance on the go.

Information in this section is based on Wise’s official website as of 15 June 2026.

Wise card alternatives in Singapore

The right alternative depends on how you'll use the card. Personal cards are meant for individual spending, while business cards are designed for companies to manage employee expenses and business spending.

Here are some of the main options in each category:

Personal multi-currency cards

This information is based on information published on the websites of the respective businesses, accessed on 15 June 2026. Information reflects Airwallex's own research and has not been independently verified.

If you withdraw cash regularly while travelling, YouTrip has the most generous free ATM allowance at S$400 per month.⁸ Revolut's Standard plan gives you S$350 or five withdrawals, whichever comes first — so frequent small withdrawals can eat into your limit faster than the dollar figure suggests.

One thing to watch with Revolut: for users under the Standard plan, a 1% surcharge applies to all currency exchanges made outside foreign exchange market hours, including weekends — which is when many travellers are actively spending.⁶

Business multi-currency cards

This information is based on information published on the websites of the respective businesses, accessed on 15 June 2026. Information reflects Airwallex's own research and has not been independently verified.

Revolut's free Basic plan has real limits: currency exchange at interbank rates is capped at S$1,500, and there’s a 2% fee on every ATM withdrawal with no free allowance.⁷ In contrast, Wise Business has no monthly fee and FX from 0.23%.

Airwallex is also a strong choice: it comes with no monthly fees for the free tier, with expense management, global payouts, and a payment gateway all included.¹⁰

Why Singapore businesses choose Airwallex Corporate Cards

Airwallex Corporate Cards are built for businesses that need more than just a way to spend overseas.

They sit within a broader financial platform that combines multi-currency accounts, expense management, global payouts, and payment acceptance, so your cards become part of a connected finance workflow.

Here’s what you get with Airwallex Corporate Cards:

No fees to get started

You can open an Airwallex Business Account with no setup or monthly fees on the Explore plan. Our free plan gives you up to 5 free Spend users per month and 10 free company cards included, with no subscription fee.¹¹

0% foreign transaction fees

Spend directly from your held currency balances with 0% foreign transaction fees¹¹. Hold and manage multiple currencies from the same business account to simplify international spending.

Issue and control team cards from one dashboard

Issue physical and virtual corporate cards to employees in minutes, set spending limits, restrict merchant categories, and monitor transactions centrally.

Frequently asked questions (FAQs)

Is the Wise card a debit card or a credit card?

Wise offers only a debit card in Singapore, and not a credit card (as of 17 June 2026). You need to add money to your Wise account before you can spend — there is no credit facility and no bill at the end of the month. As of 17 June 2026, you also cannot earn credit card rewards, air miles, or cashback through Wise for cards issued in Singapore.

Is the Wise card safe to use in Singapore?

In Singapore, Wise operates through Wise Asia-Pacific Pte. Ltd., which is licensed by the Monetary Authority of Singapore as a Major Payment Institution under the Payment Services Act 2019. You can also freeze or unfreeze your card instantly through the Wise app if you misplace it or spot an unfamiliar transaction.

Can I use the Wise card at ATMs in Singapore?

No. Due to local regulations, as of 17 June 2026, Singapore-issued Wise cards cannot be used at ATMs within Singapore. The card is designed for overseas use: you can make free cash withdrawals at ATMs abroad, within your monthly free allowance.

What is the Wise card's free ATM withdrawal limit?

Both the personal and business Wise card gives you up to S$100 in free overseas withdrawals per month,³ after which a 1.75% fee applies.³

How do I get a Wise card in Singapore?

You can order a Wise card through the Wise app. For the personal card, go to the Cards tab and tap Order card — the one-time fee is S$8.50.¹ For the business card, your first card is free once you have opened a Wise Business account. A virtual card is available instantly; the physical card is typically delivered within a few business days.

Is the Wise card good for travel?

Yes, especially if you travel to multiple countries. Their wallet lets you hold money in 40+ currencies⁴ and converts at the mid-market rate when you pay in a currency you don't already hold. Airwallex's corporate card provides full expense management and multi-currency payouts, and is worth considering alongside the Wise Business card.

Sources:

1. wise.com/sg/card/

2. wise.com/sg/pricing/business/card-fees

3. wise.com/help/articles/3GuSCwDgRqiYrsUc2eo7MN

4. wise.com/sg/pricing/business

5. wise.com/help/articles/2932693

6. revolut.com/en-SG/legal/standard-fees/

7. revolut.com/en-SG/business/business-account-plans/

8. you.co/sg

9. wise.com/sg/pricing/

10. https://wise.com/help/articles/2977977/how-do-i-freeze-or-unfreeze-my-wise-card/AwAhAHYL98.otf

Footnotes:

11. Subject to applicable terms and fee schedules