Realtime Wise Fees Calculator 2023

Tool Updated: 09-02-2023 08:16:54 pm
Wise (formerly Transferwise) is one of the most popular money transfer services that helps you to transfer your money internationally for individual and business purposes. To exchange or transfer money internationally, you may pay a little fee to Wise. This free Wise Fee calculator will help you to calculate the realtime fees of Wise to send or receive an amount accurately.

About Wise

Wise (formerly TransferWise) is an innovative financial technology company that was founded by the Estonian entrepreneurs Kristo Käärmann and Taavet Hinrikus in London back in 2011. Wise is gaining popularity because of its pay-as-you-go (Only pay for what you use) model. That means you have to pay when you use the service. Also, it provides the cheapest fees around the USA. Another important thing Wise provides is a real-time exchange rate and no hidden charges like other providers have.

Wise Fees Structure 2023

Fees Type Fees Amount
Account Fee
Opening a Wise account Free
Send Money Fee
Sending money - (Fee varies by currency) From 0.41% of Sending amount
Card Uses Fee
Withdrawing 200 GBP per month from your card - (2 or less withdrawals) Free
ATM fees over 200 GBP per month + 0.50 GBP per withdrawal 1.75%
From 03/01/2023 - Account Funding transactions Applies to transactions that include topping up e-wallets and other accounts in certain currencies. 2%
Getting the Wise debit card - No subscription fees 7 GBP
Exchanging money - (Fee varies by currency) From 0.41% of Exchanging amount
Holding / Saving money in your account
Hold 50+ currencies Free
Invest with Wise - Invest in the world’s largest companies Annually fee 0.55%
Wise Money Receiving Fee
Getting account details in 10 currencies (AUD, CAD, EUR, GBP, HUF, NZD, RON, SGD, TRY and USD) Free
Receiving money Receive AUD, CAD, EUR, GBP, HUF, NZD, RON, SGD, TRY and USD (non-wire) Free
Receiving USD wire payments - Fixed fee per payment 4.14 USD

Account Fee:

Wise does not change when you create an account. It is free of charge. As we know, Wise will charge you when you use Wise services.

Send Money Fees:

Sending money Fee:

The Sending money fee of Wise will depend on currencies. But the minimum send money fee of Wise starts from 0.41%.

ATM / Card Fee:

Card Uses Fee:

For two or fewer transactions per month and a maximum of 200 GBP or below 200 GBP transaction per month is free. But more than 200 GBP on a Wise Card transaction will take charge of 0.50 GBP per withdrawal and 1.75% of the withdrawal amount.

Account Funding transactions Fee

From 03/01/2023, the Account Funding transactions Fee will be applied to transactions that include topping up e-wallets and other accounts in certain currencies.

Getting the Debit card:

Without subscription fees, you can get a Wise  Debit card by paying 7 GBP.

Converting money or Money Exchanging Fee:

Converting money or Money Exchanging Fee depends on currencies. But the minimum fee for conversion or exchanging starts is 0.41% of the conversion or exchange amount.

Holding money Fee

Currencies Holding Fee:

You can hold 50+ currencies for free on Wise.

Invest fee with Wise:

You can invest in the world’s largest companies by providing 0.55% annual fee.

Receiving money Fee

Get account details in 10 currencies:

You can receive account details in 10 currencies for free. Supported currencies are AUD, CAD, EUR, GBP, HUF, NZD, RON, SGD, TRY, and USD.

Receiving money in 10 currencies:

Using Wise you can receive your money in 10 different currencies. Supported currencies for receiving are AUD, CAD, EUR, GBP, HUF, NZD, RON, SGD, TRY, and USD (non-wire).

Receiving USD wire payments:

To receive a USD wire payment you have to pay 4.14 USD as a Wise fee.

Newisty Realtime Wise Fee Calculator

If you are not aware of the fees of Wise, then this tool can be your lifesaver and time saver mini lightweight tool. This tool will help you to calculate the fees to inform you how much you have to pay to send an amount or a fixed amount and after sending an amount how much your receiver will receive.

One of the most important features is, this tool will explain the whole fees structure in a text format and table format both for more clarification according to your need.

Why Wise fee calculator is very important 

A wise fee calculator is important because it helps you to estimate the financial transaction fees, such as a wire transfer or cryptocurrency trade. By giving you an idea of how much a transaction will cost in terms of fees, and allowing you to compare the costs of different options it will help you make more informed decisions about how to manage your finances. Additionally, it also help you to budget your money and plan your financial strategies.

How to Use Wise Fee Calculator

Step 1: Enter Your Amount

Step 2: Select your currency type

Step 3:Select your receiver currency type

Step 4: Scroll down and You can see the fees.

Step 5: In first block you can see the Stripe Fee amount, Receiver amount and amount for Sender

Step 6: In 2nd block you can see the all fees structure in a good readable text line format for you, to understand the fees easily.

Step 7: In 3rd block you can see all fees table that helps to calculate each and every details of your fees.

Wise FAQ's

Is Wise cheaper than PayPal?

Yes, for instance transactions Wise is cheaper than PayPal. No hidden charges like other, pay only when you use it, real exchange rate, and low transaction cost.

How do you avoid fees in Wise?

To avoid fees in Wise, avoid paying with a credit card or debit card.

Is Wise cheaper than bank transfer?

Wise is around 2% cheaper than bank transfer.

Is Wise the cheapest way to send money?

For instance send money, Wise is the cheapest way.

Is Western Union better than Wise?

Wise provides most accaccurate and transparent exchange rate and transaction fee, fast and cheaper way.

Is a Wise account worth it?

Yes, a Wise account is great choice. Because it is faster, less fee, no extra or hidden charge and transparent rate and fee structure.

Why is Wise so good?

Wise is so good than other because of it's fast transaction, less fee, no extra or hidden charge and transparent rate and fee structure.

Is Wise a US company?

No, Wise is UK based company and operated from London, England.