Now you know the answers to the most popular (Transfer)Wise Borderless questions

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    A new banking system has launched in the Southern Hemisphere: the Wise – the new name of TransferWise – Borderless debit card has arrived in Australia and New Zealand. Lots of Aussies or Kiwis might be wondering what Wise is and how it can save them heaps of money overseas. Time for a question and answer session.

    Why me? Well, I've been using Wise for a long time now, even back in the day when it was called TransferWise. As soon as the debit card launched in Europe I've been using it. Not just in one country. I've used the Borderless debit card in lots of countries worldwide now

    Wise Borderless debit card Q&A session

    Every time I use my Wise Borderless debit card (you can't miss these bright green cards) or whenever I tell people about the advantages, it intrigues them but there are also lots of questions. I guess you have some questions about TransferWise Borderless.

    Here are the answers to the most asked questions about Wise Borderless. In Australia or New Zealand, these questions and answers will help everyone thinking about getting the Wise debit card.


    What is Wise Borderless?

    Wise Borderless (formerly knows as TransferWise Borderless) is the bank account plus debit card created by the people that came up with the cheap way of transferring money worldwide: Wise, which started as TransferWise. Borderless is a basic bank account that does exactly the same as a regular checking account from traditional banks like Commonwealth, ANZ, BNZ, Westpac etc.

    Wise Borderless comes with a debit card which is the same as your everyday debit card. Pay for groceries in shops, shop online, or withdraw money from an ATM.

    Wise's Borderless bank account is available in these currencies.

    • American Dollar(USD) with Wire transfer number, Routing number, and Account number
    • Australian Dollar(AUD) with BSB code and Account number
    • British Pound(GBP) with UK sort code, Account number, and IBAN
    • European Euro (EUR) with Bank code (SWIFT/BIC) and IBAN
    • Hungarian Forint (HUF) with an account number
    • New Zealand Dollar (NZD) with an account number
    • Singapore Dollar (SGD) with Bank code, Bank name, and Account number
    • Turkish Lira (TRY) with Bank name and IBAN

    The Wise debit card (which comes with a bank account) can hold up to 50 currencies worldwide. This means you will be able to pay in local currency in heaps of countries overseas. No more currency fluctuations to take into account and no more high overseas credit card fees from your bank. Wise Borderless will set you free.


    Is the Wise debit card the same as a travel money card?

    No. Wise Borderless is completely different from a travel money card. With Wise (formerly TransferWise) you can deposit money for free into your Borderless account (simply transfer from your regular account or use POLI).
    Then you can turn your AUD or NZD money into any of the other currencies you have activated for free on your account. There’s only a small currency switch fee charged by TransferWise, which is much lower than any bank will charge you.
    But don't take my word for it. Another travelling fan of this blog recently described the Wise Borderless debit card as follows…. “It’s a travel money card on steroids. You can do all the things you do with a travel money card but it’s cheaper and better. And it also has additional features like local bank details.”

    Is it a Visa or a MasterCard debit card?

    The debit card that comes with Wise Borderless is a MasterCard debit card. MasterCard is popular and will be accepted in almost every country worldwide. Unless a particular currency isn't supported of course.

    Can I use Wise Borderless card in the USA?

    In the USA, you’ll often see signs at motels or car rental companies saying: no debit card or prepaid accepted. You can use the Wise debit card at all these places as it isn’t a standard debit card.
    I have used the card on road trips in the USA at dozens of places that had a sign like that and all payments were processed without any problems.

    Which currencies does Wise Borderless support?

    Wise Borderless supports more than 50 currencies. This means you can have any of the following currencies in your account and pay like a local via the Wise Borderless debit card when overseas.


    Turkish lira

    Sri Lankan rupee

    British pound

    New Zealand dollar

    Vietnamese dong

    US dollar

    Philippine peso

    Kenyan shilling

    Polish złoty

    Russian ruble

    Moroccan dirham

    Swiss franc

    Singapore dollar

    West African franc

    Norwegian krone

    South African rand

    Ugandan shilling

    Swedish krona

    Thai baht

    UAE dirham

    Danish krone

    Israeli shekel

    Chinese yuan

    Australian dollar

    Czech koruna

    Croatian kuna

    Canadian dollar

    Bulgarian lev

    Egyptian pound

    Japanese yen

    Chilean peso

    Tanzanian shilling

    Hungarian forint

    Colombian peso

    Ukrainian hryvnia

    Georgian lari

    Costa Rican colón

    Uruguayan peso

    Hong Kong dollar

    Ghanaian cedi

    Argentine peso

    Indian rupee

    South Korean won

    Nepalese rupee

    Indonesian rupiah

    Nigerian naira

    Botswana pula

    Malaysian ringgit

    Pakistani rupee

    Zambian kwacha

    Mexican peso

    Bangladeshi taka


    Romanian lei

    Peruvian sol



    How can I enable a currency?

    Open your Wise app or go to the website (make sure you open a Borderless bank account for free first). Go to your Borderless bank account and click on “add currency”. Select the one you need from the list and presto, it has been enabled for free. Easy as.


    What are the costs of Wise Borderless in Australia and New Zealand?

    It’s free to set up. Really? Yes really. To get Wise Borderless in Australia or New Zealand you apply for it online (it's free) and within a few days the debit card will arrive, and your Borderless account is activated.

    Is Wise Borderless safe?

    Yes. Wise has so many security features in place. You can add 2-factor authentication or fingerprint check on mobile. If you ever lose your debit card you can immediately block it via the Wise app.
    Wise Borderless also supports 3D security, which means that when you purchase something online you’ll need to verify via the app that it’s you who’s doing the shopping.

    I’ve been using the card for a while now, in lots of countries around the world, and never experienced a security issue. It is super safe.


    Can I use Wise everywhere overseas?

    Yes. You can use Wise in all the countries you have added (for free) to your account. Whether you’re paying for groceries in the USA, purchasing a public transport card in Austria, getting gifts for your family in London or buying concert tickets online, it can all be done with the Wise Borderless card.
    The system currently supports more than 50 currencies worldwide. Therefore it is the perfect debit card for travellers and digital nomads

    TransferWise Borderless debit card - best travel card (web)
    See all the things you can buy with your Wise debit card

    How can I change the PIN number of the Wise Borderless debit card?

    You can even change the PIN number that was assigned to your debit card. Can’t remember the PIN number? No worries. Just log into your Wise (formerly TransferWise) account via the app and you can view your current PIN number.
    Want to change your Wise PIN number? That can be done via an ATM that supports this service from MasterCard (Wise Borderless is a debit card from MasterCard). So far, I’ve only seen this feature on ATMs in Austria. 

    Have you used the feature to change your Wise PIN number elsewhere? Please post it in the comments and I’ll update this blog post.


    Who should apply for Wise Borderless?

    Anyone who’s sick and tired of the high fees regular banks or credit card companies charge you when using your debit or credit card overseas.

    Wise Borderless is extremely useful for:

    • Frequent travellers and backpackers
    • Travellers going on a working holiday in Australia, New Zealand, USA, UK or Europe.
    • Digital Nomads that are receiving payments in various currencies. Now you can receive and keep then all on your Wise Business Borderless account. Yes, there is a special Borderless version for us Digital Nomads and travelling freelancers.


    Can I use my Wise credit to pay for the Borderless Card?

    There is a small fee payable for the Wise Borderless debit card (5 GBP or the equivalent in your local currency). If you already have a Wise account because you use it to send money worldwide at a fraction of the cost that regular banks charge, then you can use the money on your Wise account to pay the card fee. East as.


    Are there any downsides to Wise Borderless?

    That depends on what you are expecting the Borderless system to do. It can replace a basic bank account in Australia, New Zealand, the USA, Europe and the UK. And you can pay in more than 50 currencies overseas.
    If you are looking for more fancy banking features like a savings account, setting up a Superannuation in Australia etc, then you will still need to go to a traditional bank.

    If all that you need is the basic bank features of receiving money, paying money and spending money (overseas) then Wise Borderless is the perfect solution for you.


    Any tips to make better use of the Wise card overseas?

    Yes. If you want to tip restaurant staff in the USA, make sure to ask them to add it to the bill straight away. If they hand you the receipt with the total amount so you can manually add the tip it won't work.
    Wise is a debit card so the transaction is already closed at the original amount. Restaurant staff can’t modify it like they can when a customer pays with a regular credit card. This is also another safety feature of the Borderless debit card.

    Who or what is Wise? Is it the same as TransferWise?

    Wise is the new name of TransferWise. As it's no longer just about transferring money worldwide, TransferWise came to the conclusion that a name change is needed. As of March 2021, they will drop the word Transfer and will simply be called Wise. The same company that offers the same modern banking services, from transferring money worldwide to a borderless bank account and services for travellers, digital nomads and expats.

    More questions about the Wise debit card?

    Oops, did I forget to answer your question about the Wise (or if you still use the old name: TransferWise) Borderless debit card? No worries. I'm always happy to answer any question you might have. Just post it below in the comment section and I'll reply as soon as possible. Cheers.


    He is the digital geek that started it all. First as DIY-OE, then as Travel.Geek.NZ. Dutch roots, Kiwi heart. His favourite countries to travel in can be found in Australasia, Europe & USA.

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    1 month ago

    Do you know if they support 3DSv1?

    Reply to  Martijn
    1 month ago

    thanks for the info

    2 months ago

    I’m a great fan of Wise and use it extensively on my travels. Thanks for writing up this article but I disagree with your answer “Is the Wise debit card the same as a travel money card?” What a typical travel money card does: You can transfer in NZD using reguar transfer or POLi You can convert the money and store it in different currencies You can spend the money all over the world. That’s the essence of a travel money card. Wise meets all these criteria. I would answer the question as follows: Yes, but it’s a travel money… Read more »

    Last edited 2 months ago by Felix
    3 months ago

    You can now set up Direct Debits from your account.

    5 months ago

    If I use the TW debit card at a store and later I return the item, can the store refund the purchase price back into the card?

    5 months ago

    Is it possible to purchase the debit card using the funds from your multi-currency account as opposed to pay for it using a debit or credit card?

    Reply to  Martijn
    4 months ago

    Well, I went ahead and ordered the card. Would like to make a correction. You CAN pay for the card using a balance in your TW account. For example, if you are in Germany (so your local shipping address will be in Germany – in case you are from another country) and have a German currency account (DEM) and you have enough DEM in that account to pay for the card, when you get to the checkout screen it will give you an option to use the currency in your DEM account to pay for the card. This is great!… Read more »

    1 year ago

    Can I use it on a cruise ship as my debit card to hand in

    Would love your thoughts, please comment.x
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