Wise or Revolut? Comparing the Best Multi-Currency Card

Wise vs Revolut: Which Global Payment Works for You?

Consumers and businesses alike seek platforms that offer global access, low fees, and seamless money movement. Among the top platforms offering digital-first financial solutions are Wise (formerly TransferWise) and Revolut. Let’s venture in an in-depth comparison that breaks down how these platforms are across and features, costs, and elements ,helping you decide which is best for your needs in 2025. They serve very different purposes and cater to distinct types of users. Where cross-border payments, multi-current accounts, global freelance work, and online commerce dominate, digital financial services are no longer a luxury, they’re essential.

What is Wise?

Wise(TransferWise) offers cheaper international money transfers by using mid-market exchange rates and avoiding hefty bank fees. Since then, it has evolved into a global financial platform offering multi current accounts, virtual/physical debit cards, and business solutions. Wise is best known for its transparency, low fees, and international reach. Wise offers virtual and physical debit cards, and for businesses seeking an alternative, Bycard provides a flexible option for corporate cards.

Key Highlights:

• Over 16 million users worldwide
• Available in 170+ countries
• Supports holding and converting 40+ currencies
• Business-friendly with tools like bulk payouts and expense management
• Strong reputation for transparent pricing

Here, Wise vs Revolut often comes down to clarity on fees and whether users prioritize corporate cards or advanced features like budgeting. Businesses may also consider Bycard as an alternative for simple, transparent corporate card solutions. 

Founded in 2015, Revolut positions itself as a super-app for financial services. It offers not only currency exchange and debit cards but also features like budgeting tools, crypto trading, stock investing, and savings vaults. It’s ideal for users seeking an all-in-one digital finance experience.

Key Highlights:

• 40+ million users globally
• Operates in 150+ countries
• Offers multi current accounts, virtual and physical cards
• Includes lifestyle tools like travel insurance, airport lounges (premium tiers)
• Investment access: crypto, stocks, commodities

When comparing Revolut vs Wise, many users find that Revolut excels in lifestyle perks, while Wise is stronger for straightforward transfers rooted in its Transferwise legacy. For businesses seeking additional corporate card options, Bycard can also be considered alongside Revolut. 

Feature	Wise	Revolut
Focus	Transparent international transfers	All-in-one banking alternative
Currencies Supported	40+	30+
Virtual Cards	Yes	Yes (multi-use & disposable)
Physical cards	Yes	Yes (Standard, Premium, Metal)
Free Plan Available	Yes	Yes
Business Accounts	Yes	Yes
Crypto / Stocks	No	Yes (paid plans)
Fee Transparency	High	Moderate
Users	16+ million	40+
Countries Supported	170+	150+

This Wise vs Revolut comparison clearly shows that Wise emphasizes international transfers while Revolut delivers variety. For corporate cards, both platforms offer solutions, but Revolut’s premium card tiers add lifestyle benefits, while Wise keeps it simple. Both platforms provide corporate cards, but businesses can also explore Bycard as a practical alternative for managing multi current accounts.

Who They’re For: Individuals vs Businesses

Wise vs Revolut is a frequent debate among freelancers, remote workers, and businesses. Wise is ideal for individuals who frequently send or receive money internationally and businesses needing global payouts or cross-border payroll with multi current account. 

Revolut appeals to digital natives seeking a comprehensive app-based banking solution, as well as travelers and users interested in crypto, stocks, and budgeting tools. 

For corporate cards, Revolut adds expense tracking, while Wise focuses on cost-effective international use. Freelancers and businesses may consider Wise (Transferwise), Revolut, or Bycard for corporate cards and expense management across multiple countries. 

1. Multi Current Accounts

• Wise (Transferwise): Lets you hold 40+ currencies and receive local account details (e.g. USD, GBP, EUR, AUD).
• Revolut: Offers 30+ currencies and seamless in-app conversion with auto-exchange options, supporting multi current accounts for business and personal users
  
  

2. Cards & Payments

• Wise (Transferwise): Offers both physical and virtual debit cards. Great for travel and online shopping.
• Revolut: Physical (Standard, Premium, Metal) and virtual cards with extra features like disposable cards.
  

Both also provide corporate cards, though Revolut ties perks to membership tiers while Wise prioritizes global usability. For business users corporate cards simplify expense management across multiple countries 

3. Transfers (International/Domestic)

• Wise: Built around cheap, transparent international transfers. Uses mid-market exchange rates.
• Revolut: Competitive FX for Premium users. Free transfers within Revolut network.
  
  

4. Additional Financial Tools

• Wise: Business tools like mass payouts, APIs, and multi-user access.
• Revolut: Budgeting, savings vaults, stock/crypto trading (paid plans only).

5. Security & Regulation

• Wise: Regulated in multiple jurisdictions. Funds held in segregated accounts.
• Revolut: Licensed as a bank in some regions. FDIC-insured accounts in U.S. (via partner bank).

H3: Pricing & Fee Structure

For business comparing Revolut vs Wise, the fee transparency of Wise (formerly Transferwise) often appeals more. For transparent corporate card fees, Bycard can be a helpful option alongside Wise vs Revolut. 

Plans & Tiers

• Wise: Flat fees per transaction; no monthly fee unless for business account extras.
• Revolut: Free, Plus, Premium, and Metal tiers with varying limits, perks, and card designs.
  

Exchange / FX Fees

• Wise: Mid-market rate + transparent, low fee (0.35% – 1%).
• Revolut: Market rate with weekend markups and FX limitson free plan (0.5%-1.5%).
  

Transfer Fees

• Wise: Low, flat fees. Shown upfront.
• Revolut: Free internal transfers; others vary by plan and location.
  

Card Usage & ATM Fees

• Wise: Free ATM withdrawals up to $100/month, then 2%.
• Revolut: Limits based on plan (e.g. $200/month for Premium), then 2%.
  

Hidden / Exceptional Fees

• Wise: Very few hidden fees.
• Revolut: Watch for weekend FX markups and plan-based service limitations.

For businesses comparing Revolut vs Wise, the fee transparency of Wise (formerly TransferWise) often appeals more.

Pros & Cons

Platform	Pros	Cons
Wise	Transparent fees, great for transfers, excellent business tools	Limited investment features, no rewards
Revolut	All-in-one app, budgeting + crypto/stocks, unique card features	FX fees on weekends, support tied to plan, occasional app bugs

Here, Wise vs Revolut highlights the classic trade-off: Wise is more about clarity and multi current accounts, while Revolut focuses on lifestyle extras and corporate cards for premium users.

Which Should You Pick? Use‑Case Based Recommendations

Deciding between Wise vs Revolut on your financial goals and how you use digital banking tools. Wise (formerly TransferWise) excels in transparent international transfers and practical business tools like multi current accounts, while Revolut stands out with automation, lifestyle perks, corporate cards, and investment features. Here’s a breakdown of which platform works best for different use cases:

Use case	Best choice
Sending money internationally	Wise
Spending in multiple currency	Wise (for transparency), Revolut (for automation)
Investing & budgeting in one app	Revolut
Freelancers / remote workers	Wise
Heavy traveler’s	Revolut Premium or Metal
Minimalist / occasional user	Wise (no monthly fee)

The Revolut vs Wise debate ultimately depends on whether you want simplicity and cost-effectiveness or a feature-rich finance hub.