Wallester review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Wallester suits businesses that want a fee-free card with multi-currency and virtual options on the same account, and it costs €0 a month with an annual fee of €0. The card sits on the visa network and was built for business spend.
Key facts
- Best for
- Businesses wanting multi-currency and virtual cards with no annual charge.
- Monthly fee
- €0 (Source, checked September 26, 2026)
- Card type
- Debit (Source, checked September 26, 2026)
- Card network
- Visa (Source, checked September 26, 2026)
- Legal entity
- Wallester AS (Source, checked September 26, 2026)
- Headquarters
- Estonia (Source, checked September 26, 2026)
- Founded
- 2016 (Source, checked September 26, 2026)
- Support channels
- Help-centre (Source, checked September 26, 2026)
- Features
- Multi-currency, Virtual card
- Audience
- Business
- Official website
- wallester.com
Credit cards
- Annual fee
- €0 (Source, checked September 26, 2026)
- Rewards type
- None (Source, checked September 26, 2026)
- Card kind
- Credit (Source, checked September 26, 2026)
- Legal entity
- Wallester AS (Source, checked September 26, 2026)
- Headquarters
- Estonia (Source, checked September 26, 2026)
- Founded
- 2016 (Source, checked September 26, 2026)
- Support channels
- Help-centre (Source, checked September 26, 2026)
- Pricing model
- No annual fee
- Features
- Multi-currency, Virtual card
- Audience
- Business
Apps and profiles
- Get the app
- App Store
- Elsewhere
- WikidataTrustpilotg2.com
Pros and cons
Pros
- Multi-currency and virtual cards on the same account, multi currency and virtual card
- Runs on the visa network, so it works like other business spending cards
- Estonian payment institution licence, PSD_PI 11812882
- Monthly fee of €0 and annual fee of €0
Cons
- Rewards are none, so spending earns nothing back
- Support runs through help centre only
- The account is for a business audience, so it is not aimed at personal spending
Who it suits
- Businesses paying suppliers in several currencies
- Firms that issue virtual cards for staff and one-off spend
- Teams that want a card without an annual charge
Who should look elsewhere
- Varo Believe Secured Credit Card, which is a personal credit card with a monthly fee of $0
- Chime Card (Secured Visa Credit Card), a consumer secured card with a monthly fee of $0
- Wise, which suits a business that only needs multi-currency account access, at a monthly fee of £0
The company behind it
The company behind the card is Wallester AS, based in Estonia and founded in 2016. It holds an Estonian payment institution licence, PSD_PI 11812882, listed in the European payment institution register. Customer contact runs through help centre, so account questions are handled in writing rather than on a call.
How Wallester compares
8.7 vs 9.48.7 vs 9.0
8.7 vs 8.9
8.7 vs 9.2
8.7 vs 8.8
8.7 vs 8.5
8.7 vs 8.5
8.7 vs 9.0
8.7 vs 8.8
8.7 vs 8.8
8.7 vs 8.7
8.7 vs 9.2
8.7 vs 9.0
8.7 vs 8.9
8.7 vs 8.8
8.7 vs 9.68.7 vs 9.4
8.7 vs 9.4
8.7 vs 9.2
8.7 vs 9.1
8.7 vs 9.18.7 vs 9.1
8.7 vs 9.1
8.7 vs 8.8
8.7 vs 8.8- 8.7 vs 8.8
- 8.7 vs 8.8
8.7 vs 8.8- 8.7 vs 8.8
8.7 vs 8.5
8.7 vs 8.5
8.7 vs 8.5
8.7 vs 8.38.7 vs 8.2
8.7 vs 8.08.7 vs 8.0
Where Wallester is available
- Licence in Estonia
- Estonian Financial Supervision Authority (Finantsinspektsioon), checked September 26, 2026
- Licence in Estonia
- EE_FI (PSD_PI 11812882), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Frequently asked questions
What does a Wallester account cost to hold?+
The monthly fee is €0 and the annual fee is €0, so there is nothing to pay for keeping the account open. Wallester runs on a no annual fee model. The median monthly fee across the site's brands is €0, so this sits with the cheapest group.
Does the Wallester card pay any rewards?+
Rewards are none on this card, so spending through it earns nothing back in cash, points or miles. That keeps costs simple for a business that only needs a payment method, but anyone shopping for rewards should look at a cashback card instead.
Who supervises Wallester?+
Wallester is supervised in EE by the Estonian Financial Supervision Authority. The company holds a payment institution licence, PSD_PI 11812882, listed in the European payment institution register, so the business side of the account sits inside that supervision.
What kind of card is the Wallester card?+
The card type is listed as debit and it runs on the visa network, so it is used like a standard business spending card. A separate record also lists the card kind as credit, which is worth checking against the terms for your account.
Can I hold more than one currency?+
Multi-currency is among the listed features, multi currency and virtual card, alongside virtual cards. That suits a business paying suppliers in different markets without opening a separate provider for each currency. Conversion cost still depends on the rate applied to each transaction.
How do I get help from Wallester?+
Support runs through help centre. A help centre is the listed channel, so account questions are handled in writing rather than on a call. Businesses that expect immediate voice support while a payment is blocked may prefer a provider with more channels listed.
Who runs Wallester and where is it based?+
The company behind the card is Wallester AS, based in Estonia and founded in 2016. It is built for a business audience, so the account is aimed at company spending rather than personal banking.
Sources
- euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“EntityCode=11812882; EntityType=PSD_PI; ENT_NAM=Wallester AS”
- wallester.com checked September 26, 2026
Backs: Annual fee, Card kind, Card type, Features, Monthly fee, Card network
“Free business IBAN account with cards - Free to start. No setup fees.”
- wallester.com/blog/business-insights/wallester-business-v... checked September 26, 2026
Backs: Pricing model
“There are no monthly fees - Free business IBAN account”
- wallester.com/business checked September 26, 2026
Backs: Audience, Rewards type
“For businesses & freelancers”
- wallester.com/contact-us checked September 26, 2026
Backs: Support channels
“Find quick answers in our Help Center.”
- theindustryleaders.org/post/wallester-corporate-finance-r... checked September 26, 2026
Backs: Founded
“2016 is the year of the company's foundation. Its history began in Estonia.”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Wallester
Businesses wanting multi-currency and virtual cards with no annual charge.