Wise
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Matteo Gamba

TransferWise Debit Card - A bright green card to save you money when you pay abroad 💳💱

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Wise
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The TransferWise Debit Card is connected to the Borderless account, giving you access to 28 different currencies without the need to move money around.

When you spend money with your card, TransferWise will automatically exchange it in a way that is cheapest for you, choosing which balance is the best to convert into what you are spending 💷 🔀 💶

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Felipe Morales

Beta for UK and Europe is out.

Pros:

Allows to pay in and be billed in local currencies when travelling. Ideal for people who constantly travel or live between two countries

Cons:

Only available for UK and EU for now

Laurent Oberholzer
Any idea when the card will be available outside of the UK/EU, e.g. in Switzerland?
Cristian Dan
I’m a borderless account user. Can I get an invite for the card? Thanks!
Matteo Gamba
Hunter
Aung Naing Oo
@cristiandan @sliver86 Thanks Matteo for sharing. Appreciate it!
Cristian Dan
@sliver86 @onlynaing thanks guys
Craig Barber
Transferwise are just killing it. Sending money OS with them is already awesome. This makes them awesomer indeed.
Steven Rueter
Why is this better than my BofA debit card?
Matteo Gamba
Hunter
@rueter well, because you will not be charged additional hidden markups on made-up exchange rates 😉 www.bankofamerica.com/foreign-ex...
Steven Rueter
@sliver86 yep yep fair enough, you got my upvote on that one!
Udara Jay
Awesome service! (Not that it counts for anything, but the 'Hello world.' overlay on the card kinda ruins the aesthetic for me, would be much cleaner without it)
Dana J. Wright
@ujzeee i like the hello world
Stefanie Amini
If I already have an account can I get the borderless card account too? Do I just login and request one?
Shubhankar Kahali
@stefamini You must have a borderless account within the EEA region, you will be soon invited if you are in EEA region.
Mahmoud Swehli

Just got it and definitely recommend it already! Transferwise has by far been the smoothest banking experience so far from all the new tech banks i've signed up for.

Pros:

No longer have to transfer money to/from my bank accounts when exchanging.

Cons:

No way to deposit cash

Sam Rye

I LOVE my TransferWise card.

I often buy services from a range of countries - especially software. This means I get billed in a range of currencies, which causes me extra cost when my Aussie credit card gets billed. Enter TransferWise's global card. I can deposit some USD, some EURO, some GBP and put all my SaaS / ecommerce purchases on one card.

With Borderless Accounts, you can also accept a variety of currencies - so whilst I work in Australia, I often have clients in UK and US, which means I can now easily accept payment into a 'local account' for my clients, and then reduce the transfer fees by holding those currencies until I'm ready to accept them, or pay for something locally.

Thank you TransferWise, for pushing the envelope of international life and financial arrangements.

Pros:

If I'm not holding enough of the currency I'm trying to spend, Transferwise will automatically transfer from another one at the best rate!

Cons:

Mobile app is still in beta, so they're working out some of the kinks.

Offirmo
How did you manage to get a card in Australia? Transferwise says "not in Australia yet"
Matteo Gamba
Hunter

This makes the Bordeless account even more interesting!

Pros:

Free to pay with currencies in your account

Free ATM withdrawals up to £200 / month

A small fee (between 0.35% and 1%) if you convert money

Cons:

Currently available to borderless account-holders by invitation-only

Laurent Oberholzer
What is the fee for ATM withdrawals above the £200 / month threshold?
Saif Al Falah
I wish the Borderless Account was available in more countries. Seems like a really good product.
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