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wise.com fee increase

wise.com fee increase

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Old Apr 19th 2022, 6:51 pm
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Default wise.com fee increase

In case you haven't seen the email wise are increasing fees from April 26th. Increase is from .35% to .41%, so not a huge amount.
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Old Apr 27th 2022, 6:56 am
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Default Re: wise.com fee increase

Originally Posted by lansbury
In case you haven't seen the email wise are increasing fees from April 26th. Increase is from .35% to .41%, so not a huge amount.
I transferred around 2,000 pounds to USD and the charge came to around 0.43% vs around 0.37% a couple of months ago. The exchange rate (nothing to do with Transferwise of course) was quite a bit lower- around $1.26 as against $1.35 last time.
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Old Apr 27th 2022, 1:42 pm
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Default Re: wise.com fee increase

Yeah I got the same email. Not in the realms of discomfort... yet.
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Old Apr 27th 2022, 2:05 pm
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Default Re: wise.com fee increase

It will be interesting to see if Atlantic Money gets off the ground and how long their flat fee of £3 lasts

https://atlantic.money/
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Old Apr 27th 2022, 3:47 pm
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Default Re: wise.com fee increase

Originally Posted by MidAtlantic
It will be interesting to see if Atlantic Money gets off the ground and how long their flat fee of £3 lasts

https://atlantic.money/
a flat fee implies they are after bigger transfers and they are likely selling the order flow…. So they would then get paid on that.
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