Wirex review

The monthly fee is $0 on the standard debit account, and Wirex ranks 1 of 419 brands compared on that measure. Costs are simple to state: the currency conversion fee is 0%, so there is little to add for everyday use.

The currency conversion fee is 0%, which places Wirex at 1 of 259 brands compared. Travellers moving between several of the 150 currencies held on the account can convert at that rate.

One account holds 150 currencies, with multi currency, crypto, travel and virtual card features listed for it. The card is a Visa debit card, so those balances spend through the same network as any other debit card.

Crypto is one of the listed features, and the account is custodial, so the provider holds the balance rather than you holding your own keys. Spending runs on a Visa debit card, so crypto and cash balances sit on the same account.

Free ATM withdrawals come to $400, and that places Wirex at 8 of 115 brands compared on free withdrawals. The Visa debit card is usable at cash machines that accept the network.

The listed regulator is the FCA in the UK, held by Wirex Limited, with licence 902025. A deposit protection scheme is not among its listed licences, so the terms are worth reading before a large balance goes on the account.

Cashback of 8% applies to card spending, and cashback is the most common reward type among the 670 brands tracked on the site. A virtual card is also listed, which suits online spending.

Wirex fits people who want crypto spending and travel money on one Visa debit card, with a monthly fee of $0 and a conversion fee of 0%. People who want their own keys are served less well, because the account is custodial.