All currency cardsCurrency card · head to head
Wise vs Monzo
Wise wins on FX and abroad usage. Monzo wins on UK-domestic banking and budgeting.
| Wise | Monzo | |
|---|---|---|
| Monthly fee | $0 | $0 |
| Card issue fee | $9 | $6 |
| FX model | interbank | card network |
| FX markup | — | — |
| Free ATM / month | 2 | 0 |
| Multi-currency | ||
| Apple Pay | ||
| Google Pay | ||
| Virtual cards | ||
| Crypto | ||
| Joint account | ||
| Availability | 180+ countries | UK + US (limited beta) |
Wise — best for
- International transfers — interbank rate, transparent fee
- Holding 50+ currencies in one account
- Receiving USD/EUR/GBP/AUD payouts on local details
Weak for
- Day-to-day spending in a single home currency
- ATM withdrawals over 2/month free
Monzo — best for
- UK residents with daily spending
- Travellers wanting clean spend categorisation
Weak for
- Multi-currency holding
- Large transfers abroad
Affiliate disclosure: we earn a small commission if you sign up via either link. We list both because both are genuinely useful.