You're on the Canada website.

Skip to content
Sign up

Earn up to 3.14% with our interest feature

Receive interest on your CAD, USD, GBP and EUR balances when you opt into our interest feature. Keep instant access to your money.
Open an account
  • CAD2.22%
  • GBP2.21%
  • EUR0.8%
  • USD3.14%

How interest works

  • Turn on interest in a few taps
    Turn on interest in a few taps

    Easily activate interest in the Wise app, after quick residency validation.

  • Get paid every month
    Get paid every month

    Interest is paid out every month — and you can use it immediately.

  • Instant access, any time
    Instant access, any time

    Keep sending and spending your money. With interest, you don’t lock money away.

The rates you'll get with us

Rate accurate as of 2/25/2026.

  • 2.22% on CAD
    2.22% on CAD

  • 2.21% on GBP
    2.21% on GBP

  • 0.8% on EUR
    0.8% on EUR

  • 3.14% on USD
    3.14% on USD

Keeping your money safe

When you opt into interest, your funds are held in a dedicated interest-bearing account with the Bank of Montreal1. Your money is separate from our own business finances, so it’s always available to you.

Learn more about safety

Start from as little as 1 CAD, GBP, EUR or USD

Interest is paid out every month, and you can send and spend it instantly.

Get started

FAQ

Trust us to look after your money

We help over 14.8 million people move £30 billion every quarter — here's how we make sure it's safe.

  • Built-in security
    Biometrics, 2-step authentication and encryption keep your data secure.
  • Dedicated support
    Questions? Get 24/7 help in 14 languages.
  • Don't take our word for it
    With over 200,000 reviews on Trustpilot, Wise's average score is 4.3 out of 5.

Your money, your way

Manage your international money in a single place with a Wise account.

Create an account

Do more with Wise in Canada

You can use Wise for much more than just earning returns. Here is what's available, based on where you live.

Open an account
  • CAD1,000728.97USD

    Send money worldwide

    Make fast and cheap international transfers and save on fees.

    Learn about transfers
  • Wise balance for Canadian dollar.

    Receive money fast

    Get paid easily in other currencies with global account details.

    Explore getting paid
  • A Wise debit card.

    Save on spending abroad

    Pay and withdraw cash worldwide without any hidden fees or markups.

    Learn about Wise cards
  1. The current Program Bank is Bank of Montreal (BMO). Eligible customers must opt in to the interest feature. The Program is not intended to be a long-term investment option, checking or savings account, investment contract or security.

    Customer funds are held in an account at Wise's partner banks. Wise is not a bank or a CDIC member, and CDIC deposit insurance does not apply to individual customer balances at this time. For more information, please see our Program Agreement for details.

    Feature not available to residents of Quebec at this time.