Wise Business card review: Features, fees and alternatives
Last updated: 19 May 2025
Explore our detailed review of the Wise Business card and compare it to alternatives like the World Card.
Key takeaways
- The Wise Business card supports payments in 55+ currencies
- There’s no charge for virtual debit cards; physical cards may attract a separate fee
- Wise offers one account and up to three virtual cards per account
Multi-currency cards are a practical solution for businesses that make frequent international transfers. The best multi-currency card for your business will help you make payments in your preferred currencies, offer competitive exchange rates, and even earn rewards.
In this article, we take an in-depth look at the Wise Business card – its features, fees, benefits and alternatives. Dive in for a detailed analysis to find the right card for your global business needs.
Table of Contents
What is the Wise Business card?
Wise offers virtual and physical debit cards for businesses, allowing payments in 40+ currencies across 160+ countries [1].
You can get up to 3 virtual debit cards for your team at no additional cost. For more virtual cards, you’ll have to remove and replace the existing ones [5]. Physical cards may attract a separate fee [6].
Keep in mind that while the virtual cards themselves are free, you’ll need to pay AUD 65 to unlock Wise Business account features — including local currency account details and the 3 free virtual cards [1].
To use the card, you need to top it up and add funds to your Wise account wallet. The Wise card is connected to a Wise Business account, so you can also use the existing balances in your Wise account or add funds to make payments through the card.
→ Take a look at our detailed Wise Business account review to learn more about the foreign currency account.
Pros and cons of the Wise Business card
| Pros | Cons |
|---|---|
Wise Business card fees: An overview
| Wise [2] | |
|---|---|
| Card issuance fee | Free for up to 3 virtual cards; physical cards may attract a fee |
| Annual fee | Zero |
| Recharge / Top-up fee | 2% of the top-up amount |
| Fee for card transactions | If you have available funds in the same currency: Zero If you don't have sufficient funds in the same currency: Currency conversion fee starting at 0.65% |
| Account opening fee for the multi-currency account linked to the card | AUD 65 (23 currencies) Only customers with multi-currency account access can apply for Wise Business cards |
*Fees checked in March 2025
Wise Business card: Main features
Spending with the card
You can use the Wise Business card in stores or online – anywhere Mastercard is supported.
If you have a balance in the currency you’re spending, there will be no charges for the transaction. For instance, if you’re paying in USD and already hold USD in your account, you won’t pay any foreign exchange fees.
If you don’t have any available funds in the currency you’re paying with, a currency conversion fee starting from 0.65% will apply [2]. Additionally, if you need to top up your Wise account, an account funding fee will also be charged.
Getting multiple cards for your team
You can only get one physical card, issued in the name of the Wise account holder. However, you can create multiple virtual cards for your team – up to three at a time – at no additional cost.
Cards can be issued to any team member who has been added to your Wise account [4].
According to Wise, the only major difference between physical cards and their digital versions is that virtual cards don’t have a PIN number. Digital cards can be used online or through devices that support contactless payments [4].
Security
Wise cards use 3D Secure, an additional layer of protection at checkout for online transactions, to prevent card fraud [3]. To confirm each transaction, you’ll receive a 6-digit verification code via email or SMS.
Cashback offers
Wise Business doesn’t offer cashback.
Take control of your business spending with the World Card – the smart way to manage global expenses, from supplier payments to travel costs.
- Launch offer: 10% cashback* on your first $1,500 spend
- 1% cashback* on all business spend, always
- Free to apply, with no ongoing costs
- Save more with zero FX fees on 15 currencies
- Equip your team and business with up to 20 cards
- Set custom spending limits for budgeting and expense control
Alternative to Wise Business card: The World Card
The World Card is a multi-currency debit card that lets you pay in 150+ currencies, wherever Mastercard is accepted. World Account holders can apply for a World Card for free to streamline their business spending.
The World Card is linked to your World Account, a multi-currency account that lets you pay, get paid, hold and convert funds in over 20 currencies. When spending with the World Card, you’ll pay no foreign exchange fees in15 supported currencies, as long as you have enough balance in that specific currency.
As an added bonus, you’ll get 1% uncapped monthly cashback on your spend (cashback offers are subject to change). T&Cs apply (link to cashback T&Cs)
| Fees | WorldFirst | Wise [2] |
|---|---|---|
| Card issuance fee | Zero fees for all cards | Free |
| Annual fee | Zero | Zero |
| Recharge / Top-up fee | Zero | 2% of the top-up amount |
| Fee for card transactions | 15 major currencies (e.g. USD, GBP, EUR, CNH, AUD): Zero, as long as you have enough balance in that currency Other WorldFirst supported currencies: WorldFirst foreign exchange fee applies WorldFirst unsupported currencies: Mastercard exchange rate + WorldFirst margin of up to 1.5% (for Mastercard’s exchange rates, refer to their currency conversion calculator) |
|
| Account opening fee for multi-currency account linked to the card | Zero (20 currencies) | AUD 65 (23 currencies) |
*Fees checked in March 2025
Sources:
- https://wise.com/au/business/card
- https://wise.com/au/pricing/business
- https://wise.com/help/articles/2935771/where-will-my-wise-card-work
- https://wise.com/help/articles/1AqrRndtxosydM2GLR3U6T/getting-started-with-your-wise-digital-card
- https://wise.com/help/articles/2935762/how-do-i-order-a-wise-card
- https://wise.com/help/articles/2934551/what-are-the-wise-card-fees?origin=search-fees+with+wise+card
Disclaimer: The information contained is general only and largely our views. Before acting on the information you should consider whether it is appropriate for you, in light of your objectives, financial situation or needs. Although information has been obtained from and is based upon multiple sources the author believes to be reliable, we do not guarantee its accuracy and it may be incomplete or condensed. All opinions, estimates, mentioned products/services and referenced material constitute the author’s own judgement as of the date of the briefing and are subject to change without notice. WorldFirst shall not be responsible for any losses or damages arising from your reliance of such information.
Wise Business card review: Features, fees and alternatives
Take a look at our review of the Wise Business card, which supports payments in 55+ currencies. We also compare it with the World Card.
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- Your money is safeguarded with leading financial institutions
