If Thailand or Sg can use QR pay like MAE or Cimb straight. I test before in a few Thailand trip, cheaper than Midvalley money changer.

used it to withdraw cash in japan 7/11 atm and pay for other stuff

You transfer money into wise account and pay things using it. Better rate than bank but mind you that it’s a third-party transaction so it’ll become a blame game if something happens.

Happened to 1 malaysian here and took him long enough to recover back his money: https://www.reddit.com/r/digitalnomad/s/yd7GmnB3I8

I wish to know this as well, but more to the withdrawal using Wise card in abroad through ATM.

Say there is this feature before travelling you may open the country currency saving and exchange to the destination's currency you wish to travel. So right after doing so, wise only provide two-time withdrawal free of charge if the figure withdraw is (in £200) can't find in Malaysia RM. If over three-time withdrawal and the figure is over £200, the next figure will be charge of 0.5GBP + 1.75% of total withdrawal amount. This is the only fee it charged. or will there still be currency conversion happen?

Just saw the Malaysia's Fees : Malaysia 1,000 MYR, 5 MYR, 1.75%

But what if I'm travelling to Taiwan and Taiwan is not shown in the list.

This post has been edited by hjh87: Jan 27 2024, 11:16 PM

Taiwan just bring cash and use wise , don't take cash with wise cos local ATM machine charge 100 twd fee .

I used WISE while in Bali, quite seamless.

Free ATM withdrawal was the best

For those who managed to invite someone to join Wise, and allowed them to claim a free physical card, may I know if your referral page here (https://wise.com/invite), under the "They get" section, shows "A fee-free transfer up to MYR 2,500 when they sign up with your link." or something else?



Would like to check before sending an invite.

Thanks!

This post has been edited by siaush: Jan 27 2024, 11:57 PM

to give u an idea how it works
I dont have twd account, just withdraw twd from ATM in taipei airport
total about Rm750 to 5000ntd, charges ~rm7

Seem like the ATM charges quite subjective and depends on which ATM, as @jmas only be charged with RM7 instead of RM15 like what you have encountered.

Based on your experience, do you feel that their conversion rate is still better than exchanging money in your own country through money changer?

And the Travel Fund Saving wise is promoting might be only beneficial so to lock the exchange rate when own country currency in the higher side.

The RM15 fee will make the exchange rate lebih kurang with money changer rate . That why I say bring cash then big purchase use wise card saja .

This post has been edited by MrBaba: Jan 28 2024, 12:35 AM

But surely the local ATM will charge you a fee for using it?

Yes

So far so good.

small savings, depends on ppl I guess
I brought 5000twd exchanged here - 14.95rm/100twd
and withdraw 5000twd there - 14.80rm/100twd (after charges)

but ya, u could lock the currency by converting when target currency weak
my JPY earned quite a lot when I converted it when its very low (better than FD)

now that u mentioned it, no charges wo
probably difference between those generic ATM at airport vs bank ATM outside
or got the free withdrawal from wise

i withdrawed at Thailand got charged THB220, not sure how the free withdrawal works. first time withdrawal as well.

to answer TS answer, good if you can buy the currency at low price then use at later time in contrast with using credit card where the final statement is following current market price of conversion.

It works seamlessly.
just like from your right hand to your left hand.
not enough just to up online. Very convenient

Me kena too. First time withdrawal in Thailand kena Thb 200 fee. Kena scolded from my home minister.

So far never had issue when logging into bank to transfer. Never tried manually transfer

My only issue is always with maybank2u to upload money. Everything was smooth until the last step where it mentioned it was safe to close the web page. Closed the page and wise was still showing the rolling icon -- translation was not completed! I had to wait some minutes, terminated wise app and reopened it and then the amount was shown.

One time the translation was not completed for hours until I had to contact the customer service. The next day baru duit masuk. Seriously....

If I have cash in SGD account,
1. if I withdraw SGD in Singapore’s ATM, will I still incur a transaction fee if I withdraw less than RM1000?
2. If I pay in SGD in a Singapore shop using the card, does it incur transaction fees?

This post has been edited by Maestrol: Jan 28 2024, 07:48 AM