Wise Reviews

Summary of a Reddit post

Finds Wise cheaper for transfers, but their US and Canadian banks kept flagging transfers into Wise as potential fraud, so after hours on the phone they gave up on Wise.

Summary of a Reddit post

Likes Wise for monthly expenses but had delays of up to four days on larger amounts, so did the house purchase by direct wire instead.

Summary of a Reddit post

Finds Wise fine for receiving USD from the US but its exchange rate expensive and transfers not free, so tops up Revolut from the Wise card for free to convert.

Summary of a Reddit post

Used Wise for six years without a problem or hidden fees, until a small balance vanished and an ATM withdrawal was readjusted from a different currency wallet.

Summary of a Reddit post

Has used Wise alongside Revolut for a year, saw Wise cut fees or raise cashback at least five times, and finds the two work almost the same way.

Summary of a Reddit post

Used Wise two years without a problem until it blocked the account without warning under anti-money-laundering rules; they unblocked it after proof of income, and support was helpful.

Summary of a Reddit post

Waitlisted by Revolut in the US, ended up using Wise and got one physical card, but their June Europe trip was almost entirely tap-to-pay.

Summary of a Reddit post

Opened a Wise account after Revolut waitlisted them, but Wise appeared to have paused issuing physical cards to people in the US.

Summary of a Reddit post

Compared half a transfer via Wise and half via an international wire to Schwab and found Schwab faster and the result better.

Summary of a Reddit post

Has both and finds Wise sometimes quotes a lower conversion rate than Revolut even with its fee, though it loses that edge when actually sending money, and neither is great now.

Summary of a Reddit post

Converted some money to euros via Wise but found it now charges a fee for holding balances above a certain amount, which would add up before their move.

Summary of a Reddit post

Has used Wise for years and says its percentage fee makes it better for smaller transactions, while a fixed-fee bank wire is cheaper for something like 10,000 dollars.