Wise Personal
A plan byWise · Mastercard
Wise is a multi-currency account known for the real interbank (mid-market) exchange rate and transparent fees, with over 40 currencies and local IBANs in several countries. It does not offer crypto natively, but is one of the best tools for off-ramping and international payments; FX fees (0.35–1.5%) remain fully transparent.
Personal
- Price
- Free
- Issuance fee
- €7
- FX markup
- 0.47%
- Cashback
- 0%
- Cashback currency
- Nessuno
- Required staking
- Nessuno
- ATM fee
- 2.69%
- ATM limit
- €250/mese gratis, poi 2.69%
- Net annual cost
- Free
What's included
- €7 one-off card
- 40 currencies
- Interbank rate +0.43%-0.71%
The conversion fee starts at 0.47% and varies by currency pair (on the mid-market rate, with no hidden markup).
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Account fee | Free |
|---|---|
| IBAN | dedicato · BE · BE, GB, US, AU, NZ, SG, HU, RO, TR |
| Deposit guarantee | None (e-money account) |
| Multi-currency | Yes · 40 currencies |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | No |
| SEPA direct debit (SDD) | Yes |
| On-chain crypto withdrawal | No |
| SEPA transfer | €1 |
| Card included | Carta Mastercard (€7 una tantum) |
| Interest on balance | 1.75% |
| Network | Mastercard |
| ATM withdrawal | 2.69% |
| Free ATM limit | £250/month free, then 2.69% |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA, UK, US, APAC, LATAM · 160+ countries |
| Regulator | FCA, NBB |
| OAM Italy registration | No |
| Segment | B2C |
| Funding / solidity | LSE-listed (WISE) · 16M+ customers · Trustpilot 4.4/5 |
| MiCA / License status | EMIFCAFinCEN MSB FCA · FinCEN · EMI-regulated |
Strengths
- Real interbank (mid-market) exchange rate and transparent fees
- Over 40 currencies and local IBANs in several countries
- Excellent for off-ramping and international payments
- No notable sovereignty advantage documented.
Weaknesses
- No native crypto features
- 0.35–1.5% FX fee (transparent, but present)
- Balances are not covered by deposit guarantee (safeguarding model)
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (FCA · FinCEN · EMI-regulated): reporting to authorities and freezes on order.
Verdict
The A rating rewards the category's best FX tool: the real interbank (mid-market) rate, explicit 0.35-1.5% fees, over 40 currencies and local IBANs in several countries, ideal for off-ramping and international payments. Available in Italy. The only real consumer caveat is that balances follow the EMI safeguarding model and are not covered by the deposit guarantee, unlike N26 or Revolut.
Wise has no native crypto features, is custodial and full KYC: on the sovereignty axis it is the classic regulated fiat rail. It remains, however, one of the best off-ramps to euro for anyone leaving on-chain, so a practical complement to self-custody rather than a substitute for it.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Can you buy crypto with Wise?
No, Wise does not offer crypto purchases: it is a multi-currency account focused on FX and international payments, great as an off-ramp.
Is money on Wise protected like in a bank?
No: Wise is an electronic money institution and uses fund safeguarding, not bank deposit guarantee.
Sources
- Official service page Plans & pricing · Regulatory framework · SEPA fee · SWIFT fee · +5 Data verified on Jul 22, 2026
- fintechobserve.com Data verified on Jul 11, 2026
- bugcrowd.com Bug bounty Data verified on Jun 15, 2026
- cnbc.com Valuation Data verified on Jun 15, 2026
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- linklaters.com Latest funding round Data verified on Jun 15, 2026
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- elliott.org Issuer Data verified on Jun 14, 2026
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- euronerd.com Company profile · Issuer Data verified on Jun 14, 2026
- exiap.sg Plans & pricing Data verified on Jun 14, 2026
- international-adviser.com Regulatory framework Data verified on Jun 14, 2026
- marketwatch.com Issuer Data verified on Jun 14, 2026
- thewest.com.au Plans & pricing Data verified on Jun 14, 2026
- uk.trustpilot.com Trust & safety Data verified on Jun 14, 2026
Update history
- Conversion fee updated: it starts at 0.47% (previously 0.43%) and varies by currency pair, applied on the mid-market rate.