Updated September 28, 2026 · DebitCue Editorial Team
Airwallex vs CoinJar
Airwallex
Higher score in this comparison
CoinJar
Where Airwallex and CoinJar differ
| Compare | AirwallexReviewVisitVisit | CoinJarReviewVisitVisit |
|---|---|---|
| Monthly fee | £0 | A$0 |
| Currency conversion fee | 0.5%Lower | 2.99% |
| Card type | Debit | Prepaid |
| Cashback rate | 2%Higher | 1% |
| Card network | Visa | Mastercard |
| Top-up fee | Not confirmed | 0% (no pre-loading; card spends directly from CoinJar account balance) |
| Currencies | 20 | Not confirmed |
| Custody | Not confirmed | Custodial |
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Key differences
- Airwallex scores higher overall: 9.0 vs 8.8.
- Founded is lower at CoinJar: 2013 vs 2015.
- CoinJar is licensed in 1 more country.
- Airwallex is available in 12 more countries.
- Currency conversion fee is lower at Airwallex: 0.5% vs 2.99%.
- Cashback rate is higher at Airwallex: 2% vs 1%.
- Support channels: only Airwallex offers Phone, Chat.
- Support channels: only CoinJar offers Email.
- Features: only Airwallex offers Multi currency, Virtual card, Travel.
- Features: only CoinJar offers Crypto, Custodial.
Our verdict on each
Airwallex
Airwallex suits businesses that hold and spend across several currencies, pairing a £0 monthly fee with 20 currencies, virtual cards and support by phone. The trade-off sits in conversion, where fees run 0.5%, a step above the cheapest rate on a comparison of 259 brands.
CoinJar
CoinJar suits anyone who already holds digital assets and wants to spend them through a Mastercard without paying a monthly charge. The monthly fee is AUD 0, but a currency conversion fee of 2.99% puts it well down our ranking on that measure.
Score breakdown
| Area | Airwallex | CoinJar |
|---|---|---|
| Cost | 9.2HigherMonthly fee of £0 ranks 1 of 419, while conversion fees of 0.5% sit at 115. | 8.8A AUD 0 monthly fee and no top-up charge, weighed against 2.99% charged on every currency conversion. |
| Offer | 9.4HigherMulti-currency, virtual cards and travel use are listed features, with cashback of 2% on spend. | 8.8 |
| Trust | 8.6 | 8.8Higher |
Licences and countries
| Country | Airwallex | CoinJar |
|---|---|---|
| Australia | Not confirmed | |
| Ireland | Not confirmed | Central Bank of Ireland (CBI) MiCA CASP 98450066Q3A1G1A4T786 |
| Netherlands | De Nederlandsche Bank (DNB) R179622 | Not confirmed |
| Singapore | Monetary Authority of Singapore (MAS) PS20200541 | Not confirmed |
| United Kingdom | Not confirmed |
Available in 4 countries for both. Additional countries for Airwallex: 13. Additional countries for CoinJar: 1.
Where they rank in our lists
| Ranking | Airwallex | CoinJar |
|---|---|---|
| Business debit cards | 1 of 201 | 11 of 201 |
Also worth a look
eToro has currency conversion fee at 0%, against 0.5% for Airwallex and 2.99% for CoinJar.
eToro reviewWhat we checked
Airwallex
- airwallex.com: 7 facts, checked September 26, 2026
- play.google.com: 2 facts, checked September 26, 2026
- recordowl.com: 1 fact, checked September 26, 2026
- sgpbusiness.com: 1 fact, checked September 26, 2026
- transferfees.io: 1 fact, checked September 26, 2026
CoinJar
- coinjar.com: 6 facts, checked September 26, 2026
- support.coinjar.com: 4 facts, checked September 26, 2026
- esma.europa.eu: 2 facts, checked September 26, 2026
- coingecko.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Airwallex | CoinJar |
|---|---|---|
| Features | Multi currency, Virtual card, Travel | Crypto, Custodial |
| Audience | Business | Business |
| Legal entity | Airwallex (Singapore) Pte. Ltd. | CoinJar Europe Limited |
| Headquarters | Singapore | Ireland |
| Founded | 2015 | 2013Lower |
| Support channels | Help centre, Phone, Chat | Email, Help centre |
Where each stands against the rest
| Fact | Airwallex | CoinJar | Median |
|---|---|---|---|
| Currency conversion fee | 0.5%below the median | 2.99%highest quarter | 1% |
| Cashback rate | 2%at the median | 1%below the median | 2% |
| Currencies | 20above the median | Not confirmed | 8 |
Median across 387 listed cards.
Pros and cons
Airwallex
Pros
- A monthly fee of £0 and a rank of 1 on 419 brands for this measure
- Accounts cover 20 currencies, so several balances can sit side by side
- Virtual cards and travel use are listed features, so staff spend and trips stay in the same place
Cons
- Conversion fees run 0.5%, so converting larger amounts costs more than at the cheapest rivals
- Cashback of 2% is small next to that conversion cost on cross-currency spend
- The account is aimed at business, so personal everyday spending sits outside its remit
CoinJar
Pros
- The monthly fee is AUD 0, and the top-up fee does not apply because nothing is pre-loaded
- Card spending earns cashback of 1%
- It runs on mastercard, so it takes payment in the places that network does
Cons
- Currency conversion is the weak point at 2.99%, which lands on every spend in another currency
- Support runs on email and help centre only, with no phone line listed
- The setup is custodial, so CoinJar holds the assets rather than you holding them yourself
Who each suits
Airwallex
Who it suits
- Businesses paying suppliers or contractors in other currencies
- Companies with staff travelling for work
- Startups keeping several currency balances side by side
Who should look elsewhere
- Single-currency spenders, who would get more from Wise
- Travellers wanting fee-free conversion, since fees run 0.5% here against 0.1% at Wise
- Households after a personal everyday card, where Varo Believe Secured Credit Card or Chime Card (Secured Visa Credit Card) fit better
CoinJar
Who it suits
- Anyone holding digital assets on CoinJar who wants to spend that balance straight from a card
- Business users, since CoinJar lists business as its audience
- People who want a prepaid card and are comfortable with a provider holding the assets
Who should look elsewhere
- Skrill, whose monthly fee of €5 is charged in euros rather than Australian dollars, if you want an account kept there
- JMMB Moneyline and JMMB Money Transfer prepaid card, whose monthly fee of JMD 0 suits buyers paying in Jamaican dollars
- CrediMax Cardy EX prepaid Visa, whose monthly fee of BHD 0 suits accounts kept in Bahraini dinars
Current offers
CoinJar
Current offer
Bonus
Free physical CoinJar Card: $0 card issuance (digital and physical)
Card issuance fee is $0 for digital and physical CoinJar Card; a 1% purchase fee applies and is returned as CoinJar Rewards points; card available in Australia only
Source, checked September 26, 2026
Country by country
| Country | Airwallex | CoinJar |
|---|---|---|
| Canada | Yes | No |
| China | Yes | No |
| France | Yes | No |
| Hong Kong | Yes | No |
| Ireland | No | Yes |
| Israel | Yes | No |
| Japan | Yes | No |
| Malaysia | Yes | No |
8 of 18 countries where either is available.
Questions about each
Airwallex
What does it cost to hold an Airwallex account?+
The monthly fee is £0, so keeping the account open adds no recurring cost, and Airwallex ranks 1 of 419 brands on this measure. Conversion is the charge that follows, and it is listed separately.
What is the currency conversion fee on Airwallex?+
Conversion fees run 0.5%, which sits above the cheapest conversion available, and Airwallex ranks 115 of 259 brands on this measure. Converting only when the trade rate is worth the fee keeps that cost under control.
CoinJar
What does it cost to hold the CoinJar Card?+
There is no monthly charge, as the monthly fee is AUD 0. The card is prepaid, so there is no credit line and no interest to pay, and no top-up fee either since the card spends straight from your CoinJar balance. Spending earns cashback of 1%.
How much does it cost to spend in another currency?+
Each conversion is charged 2.99%. If you pay in a currency other than the one your balance is held in, that cost lands on every transaction, so the card makes most sense for spending where your account already holds the money you need.