How to Reduce Your Wise fees - Subscribed.FYI
Fintech and Banking

Wise

Wise is a transparent and cost-effective platform for international money transfers. With competitive rates, low fees, and multicurrency features, it's ideal for travelers, expatriates, businesses, and anyone sending money abroad.

Save about 2% in your fees with Wise

How much can customers reduce their spend with Wise?

About 2%

Wise is an international money transfer service that allows users to send money abroad at low-cost, transparent rates.

How to reduce the cost of Wise fee

 i – Tricks are what we like to call direct ways to reduce your fees.

From Wise USD straight to the Bank Account

Incase the receiver is from another State with different currency, it is better to send from Wise USD straight to the bank account of the receiver to avoid multiple fees (transfer fees, conversion fees)

https://www.reddit.com/r/expat/comments/16pbw0o/comment/k1rglth/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button 

How to implement a Workaround to reduce fees for Wise

 i – A workaround is using another tool to reduce your fees.

  • We haven’t found any current workarounds to reduce your fees  

Negotiate with Support. Customer support details of Wise

 i – Speak with the Wise support team.

https://wise.com/login?redirectUrl=%2Fhelp%2Fcontact 

Discuss Usage Patterns: Contact support and discuss your current usage patterns. They might offer discounts based on your specific needs and historical data.

Negotiate Renewal Rates: Before your subscription renews, negotiate renewal rates with support. Loyalty and commitment to the platform can sometimes lead to better pricing.

Use this for help: Customer support list or google

Switch to Alternative for Wise

 i – Here is a list of similar products that are similar you can switch to for savings.

  • Revolut: Revolut offers international money transfers, currency exchange, and banking services with low fees and competitive exchange rates. Website
  • PayPal: PayPal allows users to send money internationally, make online payments, and manage their finances securely. Website
  • Remitly: Remitly is a digital money transfer service focused on providing reliable and affordable international remittances. Website