The Wise Multi-Currency Card offers a simple way to manage multiple currencies and make global payments with low fees.
Designed for travelers and international spenders, you can avoid high conversion costs while accessing live exchange rates.
This guide explains step-by-step how to request your Wise card.
Benefits of the Wise Multi-Currency Card
Here are the benefits of the Wise Multi-Currency Card, a practical choice for handling multiple currencies and managing spending globally.
The card’s features save costs, boost spending flexibility and simplify international transactions.
- Low Conversion Fees: Spend in local currencies at rates close to market value, avoiding typical bank markups.
- Multiple Currencies: Hold and manage over 50 currencies, allowing easy switching for international transactions.
- Live Exchange Rates: Benefit from live mid-market rates, reducing hidden fees.
- Global ATM Access: Withdraw cash globally with limits on fees to keep costs low.
- Real-Time Spending Notifications: Track all transactions through instant alerts, promoting secure, informed spending.
- Transparent Fees: Clear, upfront charges make budgeting easier without hidden costs.
- Simple App Integration: Manage the card through the Wise app, with options for currency transfers and balance checks.
Eligibility Requirements
Specific requirements must be met to ensure eligibility for the card.
Meeting these criteria will help streamline the application process and prepare you for card activation.
- Wise Account: You must have an active Wise account.
- Age Requirement: Applicants must be 18 years or older.
- Location: The card is available only in select countries; check Wise's website for availability.
- Identity Verification: You must complete identity verification, typically involving a photo ID.
Step-by-Step Guide to Requesting the Card
Here’s a step-by-step guide to requesting your Wise Multi-Currency Card.
These steps ensure a smooth application process, helping you get your card quickly.
- Create or Log Into Your Wise Account: If you don't have a Wise account, you can start by setting one up or simply logging in.
- Go to the Card Section: Open the Wise app or go to the “Cards” section on the website.
- Verify Your Identity: Complete any required identity verification by uploading a photo ID.
- Select Your Currency Options: Choose the currencies you want to hold and use on the card.
- Review Fees and Terms: Check the card issuance fee and terms to avoid surprises.
- Confirm Shipping Details: Enter a valid address for card delivery and confirm it’s correct.
- Submit Your Application: Submit your request and wait for Wise to process it.
- Activate the Card Upon Arrival: Once your card arrives, follow the instructions to activate it.
Costs and Fees
Here’s a detailed breakdown of the specific costs and fees associated with the card, giving you clarity on what to expect:
- Card Issuance Fee: A one-time fee of around $9 (varies by region).
- ATM Withdrawal Fees: You can make two free monthly withdrawals up to $100–$250; a 1.75% fee applies afterward.
- Currency Conversion Fee: Ranges from 0.35% to 2%, based on the currencies and mid-market rate.
- Inactivity Fee: After 12 months of no use, a monthly fee of about $1 may apply.
- Replacement Card Fee: Around $5–$10 for a replacement card if lost or damaged.
- Foreign Transaction Fees: No fees, but some ATMs may charge local usage fees.
Verification Process and Security
Wise provides secure transactions with thorough identity verification, top-tier security protocols, and strong account protection.
Here’s how Wise keeps your account safe:
- Identity Verification: Requires a photo ID, like a passport or driver’s license, and sometimes a selfie for added security.
- Two-Factor Authentication (2FA): Adds an extra security layer with a unique code and your password.
- 256-Bit Encryption: Protects all data during transactions and account access.
- Real-Time Monitoring: Monitors accounts continuously for suspicious activity to catch unauthorized access.
- Instant Card Lock/Freeze: If your card is lost or compromised, you can instantly lock or freeze it in the Wise app.
- Dedicated Security Support: Provides assistance and guidance for resolving security issues and account recovery.
Card Activation and Setup
Activating and setting up your Wise Multi-Currency Card is simple, ensuring it’s ready for secure and convenient use. Here are the key steps to get started:
- Receive Your Card: Once it arrives, log in to the Wise app or website to begin the activation.
- Enter Activation Code: Follow the on-screen instructions and enter the unique activation code included with your card.
- Set Up Your PIN: Choose a PIN for secure transactions; this can be done directly in the app.
- Link to Currency Balances: Connect your preferred currencies to the card for easy access and payments in different regions.
- Confirm Activation: Finalize the process by confirming activation within the app, making your card ready for use.
Using the Card for International Transactions
The card is designed to simplify international transactions, making it cost-effective and easy to manage spending abroad.
Here’s how to use the card effectively for global payments:
- Automatic Currency Conversion: The card automatically detects and uses the local currency, ensuring low conversion fees.
- Access to Mid-Market Rates: Benefit from Wise’s real-time exchange rates without hidden markups, saving on each transaction.
- Withdraw Cash Worldwide: Use ATMs globally, with low or no fees up to a specified monthly limit.
- Track Spending in Real-Time: Get instant notifications through the Wise app, helping you monitor expenses while abroad.
- Avoid Foreign Transaction Fees: Wise’s no foreign transaction fee policy makes it a budget-friendly choice for international spending.
Managing Multiple Currencies on the Card
Managing multiple currencies on the Wise Multi-Currency Card seamlessly allows for flexible, low-cost international spending.
Here’s how to handle multiple currencies on your card effectively:
- Hold Multiple Currencies: Store over 50 currencies in your account for easy switching.
- Automatic Currency Detection: The card uses the local currency in your balance to avoid extra fees.
- Manual Currency Selection: Choose specific currencies in the Wise app for more control.
- Real-Time Conversion: Convert funds at mid-market rates anytime in the app to keep costs low.
- Set Priority Currencies: Prioritize currencies for frequent destinations for smooth transactions.
Handling Issues and Customer Support
Handling issues with the card is easy, with helpful support and security tools available.
Here’s how to address common problems, block a lost card, and reach support.
- Troubleshoot Common Issues: For declined transactions or login problems, update the app, check your internet, or confirm account balances.
- Lock a Lost Card: Instantly lock or block a lost card in the Wise app to stop unauthorized use.
- Report a Lost Card: Use the app to report a lost card and request a replacement if needed.
- Check Transaction Alerts: Watch spending notifications for unusual activity and contact support if something seems off.
- Contact Wise Support: Access 24/7 support via the app, email, or website for help.
Contact Information
Wise offers 24/7 phone support to assist with any questions or issues. Here’s how to reach them, especially for those calling internationally:
- US Toll-Free Number: For customers in the US, call toll-free at +1 888 501 4041.
- 24/7 Availability: Phone lines are open around the clock to address any issues.
- International Call Charges: If calling from outside the US, note that international charges may apply.
To Conclude
The Wise Multi-Currency Card offers a flexible, secure solution for international transactions and managing multiple currencies.
With low fees and advanced security, it’s designed to simplify global spending.
Ready to manage your finances worldwide? Request your Wise card today and start enjoying seamless, cost-effective transactions.
Disclaimer
The information provided here is for general guidance and may vary based on your location and Wise’s policies.
Always review Wise’s official terms and fees before applying to ensure accuracy and up-to-date details.
