Wamo review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Our verdict
Wamo is a business multi-currency debit card with a monthly fee of €0, cashback of 1% and 22 currencies held at once. It suits sole traders and small teams who pay suppliers abroad, and less those who want free cash withdrawals.
Key facts
- Best for
- Sole traders and small teams paying suppliers in several currencies.
- Monthly fee
- €0 (Source, checked September 26, 2026)
- Free ATM withdrawals
- €0 (Source, checked September 26, 2026)
- Card type
- Debit (Source, checked September 26, 2026)
- Cashback rate
- 1% (Source, checked September 26, 2026)
- Card network
- Visa (Source, checked September 26, 2026)
- Currencies
- 22 (Source, checked September 26, 2026)
- Legal entity
- Wamo Solutions Oy (Source, checked September 26, 2026)
- Support channels
- Email, Help-centre (Source, checked September 26, 2026)
- Features
- Multi-currency, Virtual card, Travel
- Audience
- Business
- Official website
- wamo.io
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- WikidataTrustpilot
Pros and cons
Pros
- No monthly cost: €0
- Cashback of 1% on spending
- Multi-currency account with 22 currencies and a virtual card
- Visa network on a debit card
Cons
- No free ATM withdrawals: €0
- Support runs on email and help centre only
Who it suits
- Business accounts, the audience Wamo targets
- Anyone paying overseas suppliers who wants a multi-currency balance
- Businesses happy to add a virtual card for online payments
Who should look elsewhere
- Anyone who needs free cash machine withdrawals, since €0
- Households wanting a personal account rather than a business one
- Chime Card (Secured Visa Credit Card) users building credit history, which this debit card does not do
The company behind it
The account is run by Wamo Solutions Oy, which serves a business audience. Support is limited to email and help centre, so questions reach the team by email or through the help centre rather than by phone. For a business card, that is worth weighing if your accounts team prefers to call.
How Wamo compares
9.1 vs 9.4
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 9.2
9.1 vs 8.8
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 9.0
9.1 vs 8.8
9.1 vs 8.8
9.1 vs 8.7
9.1 vs 9.2
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 8.8
9.1 vs 9.6
9.1 vs 9.2
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 8.9
9.1 vs 8.8
9.1 vs 8.8- 9.1 vs 8.8
- 9.1 vs 8.8
9.1 vs 8.8
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.3
9.1 vs 8.2
9.1 vs 8.0
9.1 vs 8.0
Frequently asked questions
What does Wamo cost each month?+
The monthly fee is €0, so keeping the account open adds nothing to a business budget. Spending earns cashback of 1%. The account is a debit card on the visa network, so purchases draw on your own balance.
Can I hold more than one currency at a time?+
Yes, the account is multi-currency and holds 22 currencies. That suits businesses paying suppliers in different markets without converting back to a single currency first. A virtual card is also included for online payments.
Is the Wamo card a credit card?+
No, it is a debit card rather than credit, and Wamo targets a business audience. Payments come from the balance you hold, so there is no borrowing to repay. If building a credit history is the goal, a secured credit card fits better.
How much can I withdraw from cash machines?+
The free ATM allowance is €0, so cash machine use is a cost rather than a free perk. This is the main drawback for anyone who still takes money out often. Business spending on card is the cheaper route.
How do I reach Wamo support?+
Support runs on email and help centre, so you can email the team or search the help centre. A phone line is not part of the picture. For urgent issues on a business account, keep your own contact list as a backup.
Is Wamo aimed at me or my company?+
Wamo is built for a business audience, and the legal entity behind the account is Wamo Solutions Oy. It suits sole traders and small teams handling several currencies rather than personal household banking.
What network is the Wamo card on?+
The card runs on visa, so it should be accepted wherever that network is taken for granted, including abroad. A virtual card covers online payments through the same account.
Does Wamo pay anything back?+
Spending returns cashback of 1%. Combined with a monthly fee of €0, that keeps the running cost of the account low for a business, although €0 free withdrawals adds cost if you use cash machines.
Sources
- wamo.io checked September 26, 2026
Backs: Audience, Currencies
“A digital business account for European SMEs - Companies, Self-employed”
- wamo.io/currency-exchange checked September 26, 2026
Backs: Features
“Pay and get paid in 22 local currencies; virtual cards; Visa Business”
- wamo.io/partner-program checked September 26, 2026
Backs: Support channels
“Contact us at support@wamo.io; Help center”
- wamo.io/pricing checked September 26, 2026
Backs: Free ATM withdrawals, Card type, Cashback rate, Monthly fee, Card network
“Freemium Companies plan: 2.19% per ATM withdrawal”
- wamo.io/terms-conditions/eu/general-terms checked September 26, 2026
Backs: Legal entity
“provided to you by Wamo Solutions Oy”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Protection.