Spend Wiser Abroad with Wise Travel Card
“Wise” is a financial technology company that provides international money transfer services. Wise allows customers to send money across borders with lower fees and better exchange rates than traditional banks. Wise also offers a multi-currency account that allows users to hold and convert money in various currencies at the real exchange rate. This can be useful for individuals or businesses that frequently make international transactions or need to hold money in different currencies.
The Wise card is a Mastercard debit card that can be used to withdraw money from ATMs and make purchases in over 200 countries and territories. The Wise card can offer several benefits for Malaysians who travel abroad or make international purchases.
- No transaction fees: When you use the Wise card to make purchases in a foreign currency, you won’t be charged any transaction fees. This can save you money compared to using a traditional bank card, which may charge fees for each transaction.
- Real exchange rate: When you use the Wise card to make purchases or withdraw money from ATMs in a foreign currency, you’ll get the real exchange rate – the same rate that you would get if you were exchanging cash. This is often better than the exchange rate offered by traditional banks or other payment cards, which may add a markup to the rate.
- Low withdrawal fees: Get cash from more than 3 million ATMs worldwide (free from Wise fees, up to 1000 MYR per month. This can be cheaper than using a traditional bank card, which may charge a percentage fee on each withdrawal.
- Multi-currency account: With the Wise card, you can hold and convert money in various currencies in a multi-currency account, which can be useful if you travel to multiple countries or need to pay bills in a different currency. You can easily convert money between currencies using the Wise app or website, at the real exchange rate and with no hidden fees.
- Easy to use: The Wise card is easy to apply for, and you can manage your account and card transactions online or through the Wise app. You can also set up alerts for card transactions, and freeze or unfreeze your card if you need to.
Overall, the Wise card can be a great option for Malaysians who frequently travel or make international purchases, as it can offer better exchange rates and lower fees than traditional bank cards.
If you’re interested to learn more, and get a free transfer up to RM2,500, click on my link here or sign up here.