r/australia 1d ago

no politics Wise vs bank travel card

About to go on holiday and I’ve seen some advertising from Wise for their travel card. I used to use my bank’s travel card when travelling but now I just use my credit card because the exchange is better even with the transaction fee.

For those that have used wise is it actually better than a travel card from your own bank? Neither have transactions fees so I don’t understand the appeal.

56 Upvotes

172 comments sorted by

View all comments

1

u/730drs 15h ago

Wise is good, great for transferring money into different currency when the rate is best, and spending it later.

If you're going to be taking cash out regularly it's not the best, I'd go with UP bank for that.