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Get a Wise card or your first international transfer, up to 500 EUR, free.
Go global and save with Wise
Send money worldwide
Make fast and cheap international transfers and save on fees.
Claim this reward and your first international transfer up to €500 is on us
Get paid in over 20 currencies
Save on conversion fees with global account details when you receive money.
- 3.92%APY on USD
Receive interest*
Opt in and get passthrough FDIC insurance up to $250,000 through our Program Bank.1
*Receive interest is not available to residents of New York and Alaska at this time.
Never pay a hidden fee again
Banks and other providers add markups to the exchange rate to make you pay more. Not us — see for yourself.
 Wise |  Bank of America |  PayPal | |
|---|---|---|---|
Recipient gets (Total after fees) | 56,808.28 PHP | 55,546.24 PHP | 54,757.50 PHP |
Exchange rate markup | 0 USD | 30.30 USD | 39.28 USD |
Exchange rate (1 USDPHP) | 57.2820 | 55.5462 | 55.0321 |
Transfer fee | 8.27 USD | 0 USD | 4.99 USD |
Total transfer cost | 8.27 USD | 30.30 USD | 44.27 USD |
This applies when you pay in via ACH payments. How do we collect this data?
Why Wise?
- The current Program Bank is JPMorgan Chase Bank, N.A., see Appendix 1 of the Program Agreement for the most updated list of Program Bank(s). Eligible customers must opt in to the interest feature. Participants will have the balance of their USD funds held in their Wise Account “swept” into a Federal Deposit Insurance Corporation (“FDIC”) insured interest-bearing account at one or more participating banks (each, a “Program Bank”) that will hold and pay interest on the deposit funds. For a complete list of Program Banks, please see Appendix 1 of the Program Agreement. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Customers are responsible for monitoring their total assets at each of the Program Banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. The Program is not intended to be a long-term investment option, checking or savings account, investment contract or security.
For customers opted in to receive interest on EUR and GBP balances, the FDIC passthrough insurance provided by our program bank is for up to the equivalent of 250,000 in total for your USD, EUR and GBP combined balance amounts (collectively, the “Eligible Balances”).