u can spend TWD in wise, but you cannot hold TWD cash balance in wise. that page is to show what currencies u can hold as immediate cash in your wise acct

i also can recommend you GX bank debit card, there's 1% rebate for international purchases

Competitive? Not always. There were times cash exchange at certain shops win Wise rates. I guess it's more of an easy win if compared to local credit cards, which charge like 2%(?) for every overseas transaction, on top of shitty exchange rate, so there I'd say Wise is a decent replacement.

Old fashioned way is always a good alternative because cash is king:
- some places may not support digital/card payment
- you may not have (stable) internet access
- you may lose access to your account (connection/theft, touch wood)
But of course, too much cash on hand also induces anxiety so best is to diversify and put your money in several "pockets".

Never been to Taiwan yet but I make it my personal rule of thumb to have both when travelling to any country, and try not to have too much cash. As Medufsaid , excess in Wise is easily convertible/transferrable for reuse, but cash would mean going back to the shop.

Some additional info as someone like who doesn't own a Wise card yet. Just to clarify, I can just top up some MYR in wise card and then use when I am in Taiwan? And without have to worry much about the rate as I've been reading the exchange rate is good/competitive?

Can any sifu advise me regarding this? Is my calculation correct? Coz I realized it seems better than I change $$$ at money changer locally than withdrawing or using wise card using their conversion rate?

Let's say I wanna buy TWD1000 at money changer, I have to pay RM133.95 (we sell at 13.395).

And if I use Wise card to make TWD1000 or withdraw TWD1000 cash from ATM, then after conversion it actually cost me RM136.02?

Before I post it I check on sending money and it shows fees even on same currency. Now I check it does not shows any fees. Must be an anomaly.