Revolut vs. Wise - 1 year later (Review)

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  • čas přidán 26. 06. 2024
  • This video is not sponsored. I have a standard account with Revolut and Wise for about a year now and they have traveled to several countries with me. In fact, I never travel without these them. Now I think I am in a good position to give you a review and my honest opinion about Revolut and Wise (formerly known as Transferwise). Do I think Revolut or Wise is the better choice? Do I have a favorite? Are they really a good way to save money while traveling? Find out in this video :)
    Subtitles and Translations, Subtítulos y Traducciones Legendas e Traduções Untertitel und Übersetzungen by (Fiverr Affiliate Link):www.fiverr.com/share/4Y0e1k

Komentáře • 392

  • @psatm
    @psatm Před rokem +7

    Thank you so much for posting this, it is so helpful! I am going to do what you do, have accounts on both and use them to their strengths.

  • @mangalisoxaba498
    @mangalisoxaba498 Před rokem +4

    I enjoyed getting this helpful information from you Maggi, keep it up.. much appreciated.

  • @mohitphulara9125
    @mohitphulara9125 Před rokem +25

    First time I saw such honest review from any person, it shows your honesty too. Great, keep it up 🙂

  • @walravenwill735
    @walravenwill735 Před rokem +2

    This is really helpful! Thank you!

  • @garys2187
    @garys2187 Před rokem +5

    Very useful thank you for posting. Also, a thank you to some of the other posters because your questions and comments were also helpful.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      Thanks Gary, and I absolutely agree. :)

  • @annar8980
    @annar8980 Před měsícem

    Very helpful! Thank you for taking the time and posting this.

  • @russfreelancer
    @russfreelancer Před rokem +1

    really useful information, thank you so much!!!

  • @sage1021
    @sage1021 Před 2 lety

    Great! Thank you that was helpful! Just subscribed ⭐️

  • @gildardojimenez3268
    @gildardojimenez3268 Před 2 lety +5

    Great review thanks

  • @hsahil_10
    @hsahil_10 Před 9 měsíci +2

    Very useful video. I have been using both for more than a year.

  • @aleksanderiwuc1730
    @aleksanderiwuc1730 Před 10 dny

    Thank you Maggi, for such informative and structured review :). Kudos for you :D!

  • @auktioneer
    @auktioneer Před 2 měsíci

    A really useful review comparing these two cards and presented in such an enthusiastic and captivating way, thankyou 🙂

  • @christines5430
    @christines5430 Před 3 měsíci

    Thank you for this comprehensive and honest review.

  • @mrmithungarg
    @mrmithungarg Před 7 měsíci

    Thank you so much for such nice information and in such a transparent and kind way 🙏

  • @gprice5640
    @gprice5640 Před 5 dny

    Nice clip, great that you delivered the message slowly. I will have to check out Revolut.

  • @leelemaire5716
    @leelemaire5716 Před rokem +3

    Merci beaucoup, vraiment intéressant et pratique. Continue les très bon travail 👍

  • @georgidimitrov828
    @georgidimitrov828 Před rokem +6

    Hands down the best review/comparison of these two great services!
    I use both, but only have a Revolut card, and I'm generally more inclined to Revolut because of the wider range of services.
    Still, a big fan of Wise too. 🙂
    Nice video
    Regards

  • @Daniel-ro6ih
    @Daniel-ro6ih Před 8 měsíci

    Thanks for the video. It was very helpful.

  • @SaloniSaha-eh6ee
    @SaloniSaha-eh6ee Před 8 měsíci

    This video is really nice and u explain very well.. thanks for sharing ur review..

  • @bigdisplay7042
    @bigdisplay7042 Před rokem +1

    Vielen Dank für die guten Tipps.

  • @VimalaSridurai
    @VimalaSridurai Před 24 dny

    Thanks a lot for the very useful info and tips!😊

  • @akoskm
    @akoskm Před rokem

    Very nice summary, thank you!

  • @user-hl1bw6oq8u
    @user-hl1bw6oq8u Před 3 měsíci

    I appreciate your shared experience thank you.

  • @BlazeNexusDelta
    @BlazeNexusDelta Před 2 lety +2

    Thank you Maggi, as usual, your information is very useful! Love your natural and authentic way of delivering your content… keep up the great videos. =)

    • @MaggiFuchs
      @MaggiFuchs  Před 2 lety

      Thank you so much for that nice comment, I really appreciate it! 🤗

  • @RutaAngelinaVoronova
    @RutaAngelinaVoronova Před 3 měsíci

    ein richtig tolles Video! Ich habe noch keine WISE, aber Revolut ist mein absoluter Favorit! Ein SUPER Video. vielen dank!

  • @larahadjokas
    @larahadjokas Před 9 měsíci

    great info to know ty!

  • @bananarepublic8951
    @bananarepublic8951 Před měsícem +8

    Revolut customer service is useless. I find Wise is much better with functionality, exchange rate, availability , customer service

  • @Lyns2812
    @Lyns2812 Před rokem

    Maggi, just to let you know that I love your videos, lifestyle and of all, your smile 😊

  • @user-sy2km3pr3m
    @user-sy2km3pr3m Před 7 měsíci +1

    TOP Erklärung Maggi. Extrem klar und unmissverständlich, vor allem für die, die auch wir wir oft in Brasilien sind. Grüsse aus der Schweiz

    • @MaggiFuchs
      @MaggiFuchs  Před 7 měsíci

      Danke, das freut mich zu hören…

  • @billgibson8145
    @billgibson8145 Před rokem

    Thank you very much. I found this very useful.

  • @franzc1656
    @franzc1656 Před 3 měsíci +1

    Good summary. I also have both, although I don't have a physical Revolut card. The big advantage I see with Wise is I can receive income in various currencies and convert it to Euro relatively cheaply. Revolut is very widely used in my country so is excellent for sharing bill and transferring money to friends and some small businesses too. I intent to keep both also

  • @zoepoonpoon
    @zoepoonpoon Před rokem +1

    Thank you so much for your video!! So helpful ! Cus I do have a wise account but thinking to have revolut or wise only ,but I might do what you do ! To have both cards to help me to travel !

  • @S_I_P_R_N_E_T
    @S_I_P_R_N_E_T Před měsícem

    Awesome info. Transparent, comprehensive and informative. I wonder if something changed since the last time you did this video in terms of availability and transfers. Vielen Dank.

    • @MaggiFuchs
      @MaggiFuchs  Před měsícem +2

      I am still on the free account on both services, so with the basics that I used, I haven‘t noticed too many changes… 🤔 The way I use it is still the same. Revolut introduced many new features, but they are mainly for the paid accounts, so I don‘t have any experience with them. Hope that helps! :)

  • @temajungmichael
    @temajungmichael Před 3 měsíci

    Created a wise account with a digital and physical card and I'm so so happy with how it works. Highly recommend!

  • @Rita_Johanna
    @Rita_Johanna Před rokem

    Thank you! Obrigada!

  • @shankarraj3433
    @shankarraj3433 Před rokem

    Thanks for the video mam.

  • @kaisersoze3378
    @kaisersoze3378 Před rokem

    i love your content, keep it up!

  • @GeePlus-bh2od
    @GeePlus-bh2od Před 2 měsíci

    really helpful.thank you

  • @nelumflower1536
    @nelumflower1536 Před 9 měsíci +2

    My husband and me have both a wise account and are happy with the speed of exchanging money and paying bills or services with in no time. Revolut sounds also interesting.

  • @mrpeel3239
    @mrpeel3239 Před 3 měsíci

    Well-balanced review!

  • @fizzz075
    @fizzz075 Před 3 měsíci

    great video!! thank you so much

  • @jasiupasa9356
    @jasiupasa9356 Před 2 lety +26

    Good work summarizing both of them , just 2 things to correct
    1 = You can charge your wise balance with your bank's card the same way as revolut , in both cases you might be asked to confirm transaction using 3ds from your austrian bank , otherwise no big differences
    2 = in wise you also have vaults , they are called jars
    i 100% agree with your advice about using both , while keeping your old regular card , and so far i also havent found the perfect debit card provider , cause each has his pros/cons

    • @MaggiFuchs
      @MaggiFuchs  Před 2 lety +7

      Thanks for clarifing that. 🤗 You are right, it‘s indeed possible to charge the Wise account via another bank card. I never noticed that, it‘s quite hidden. But I still have to say that for that, I prefer Revoluts process, because to me it‘s much more straightforward. Also, the Revolut vaults work better for me. As far as I saw, I can‘t share the vault with other persons, which is essential for me. :)

    • @ev-ezaye3580
      @ev-ezaye3580 Před rokem

      ​@@MaggiFuchs Brilliant video and your experience is certainly the cherry on top!

  • @driftertravels928
    @driftertravels928 Před 2 lety +58

    I have both and travel a lot as a digital nomad, but generally prefer Wise, just simpler to use, completely transparent, card payments are always reliable and does not try to do too much. Revolut is bit of a jack of all trades but not the best at any, if I want to invest there are better companies, same with crypto. Neither are actually banks so do not put a lot of money in them.

    • @bodigames
      @bodigames Před rokem +12

      Revolut is a bank. it has a bank license of the EU, UK and also in individual countries for example Netherlands and Lithuania

    • @elismart13
      @elismart13 Před rokem +1

      OK so where do you put most of your money?

    • @glennis-dankuwel6020
      @glennis-dankuwel6020 Před rokem

      Tks for that info.

    • @dartiajazaj7886
      @dartiajazaj7886 Před rokem

      Revolut has payment links. You send it to someone and they can pay you with ApplePay or any other credit/debit. Wise does not have that. And for me that makes Revolut nr.1
      And customer support is crazy good.
      And referrals are crazy i get 180€ monthly from referrals. They give you 40€ just to invite someone! And on Wise after you invite someone in the app they have to make 3x 250€ transfer for you to be abble to get your reward lol. Idk just sayin

    • @PastawithGod
      @PastawithGod Před rokem +6

      Both have the bank license. Don't put out wrong information. Wise has it for years, revolut also for a while now.

  • @Taldanmus
    @Taldanmus Před 10 měsíci +2

    As of the end of August, Revolut in the USA appears to be adding fees for debit and credit card transfers, ranging from 1-3% Achtung! 😮

  • @gildadrive921
    @gildadrive921 Před 9 měsíci

    Thanks for your helpful video! I was a little worried after hearing that there were some charges on balances. After some investigation, it seems that the fees on Wise vary a lot depending on what country you're in. In my country for example, all the fees have been dropped this year. Also, I started with Revolut and found that the experience can be vastly different to others depending on your country of citizenship. In my case, I received a Revolut account in my home country and it had vastly different capabilities (much less) than a friend of mine from Germany. I suggest doing an investigation based on your own country of citizenship.

    • @MaggiFuchs
      @MaggiFuchs  Před 8 měsíci

      Yes, you are right, the „details“ really vary from country to country. The charges on balances never were an issue for me because it is not my main bank account and I never keep that much money there. Only enough to travel and then I recharge as I go. But at least in my country, those charges are already history and now they even started paying me some interest every month. 😊

  • @natnaelazmera4667
    @natnaelazmera4667 Před rokem +4

    Thank you Maggi for an amazing video, it was just what I needed! Just a quick question.... So I will be doing an exchange semester in Paris (from the US), so I want to convert dollars to euros so that I could spend it in Paris and other parts of Europe. What do you recommend?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +3

      Hi! Thanks for your nice comment. If I were in your situation, I would probably just get a card from Revolut or Wise and use it to pay in Europe and just add some money to it as you go. That‘s the way we do it. :)

    • @ev-ezaye3580
      @ev-ezaye3580 Před rokem

      @Natnael America whilst you're looking into the options between Revolut & Wise, you can lookup a third option; N26 which comes highly recommended from Monito

  • @marinecup83
    @marinecup83 Před rokem +1

    you can also have a savings account in wise.

  • @shanniecarmi12
    @shanniecarmi12 Před rokem

    Thank you, very clear and helpful.
    Trasfer money for both is like a making a payment with another credit card? Or as bank transaction? Asking because my bank tx fees are very high and it can also take long time to get approval.
    Also, I'm thinking of the best way to manage both cards-
    Split my budget between them, and transfer once a month? Once a week? Or spontaneously whenever i need?
    And having only virtual cards can be an issue?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem

      You can do both, you can charge via transfer or just use your normal debit card (then it’s like buying something online, just that it charges your account). I always keep a little bit money there that I would need for the next few days. Recharging is fast and in theory you could do it on the go, but you would need an internet connection for that, which is sometimes tricky to do while traveling.
      With a virtual card, you can only buy things online. Even though you could theoretically put a virtual card in your wallet on your phone, I personally prefer having a physical card, just in case.

  • @MonsieurWeinberg
    @MonsieurWeinberg Před rokem +21

    Nice job, Maggi. Interestingly, Wise has policies and limits that depend on your country of permanent residence. For US residents, there are very restrictive limits on free withdrawals of cash from ATM machines, regardless of where you are traveling. Once the limit is reached, there are heavy fees that apply.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +4

      Same here with my account, the limit is not very high either. But as I mentioned in the video, I rarely cash money anyways, so that has never affected me. :) I agree about the fees, but compared to what my bank would charge me, it’s the way cheaper option.

    • @MonsieurWeinberg
      @MonsieurWeinberg Před rokem +4

      @Helena Carlock “Heavy” is a relative term. Wise puts limits on free withdrawals, both the amount and the number per month. After the limit is reached, there is a fee…$2 might be right. I haven’t paid attention exactly since I try NOT to use Wise for cash withdrawals at a machine. I have other bank cards that charge no fee, so I don’t use Wise for that. Using wise for a purchase, on the other hand, is free! If you live in the US, you can make unlimited cash withddrawals without fees by using a Capitol One 360 or Charles Schwab debit card.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +4

      @Helena Carlock On my Revolut account, it’s 2% (min 1€) over 1000€. I think thats very cheap, compared to my bank back home who would take 2% as well, but a minimum of 7,5€ plus for example in Brazil, there are no ATMs where I can get money for free with my Austrian card so they carge ~4€ per withdrawal (with Revolut I can get money for free in all Caixa banks) and then my bank uses a bad exchange rate… so while getting 100€ from Revolut cost me either nothing or 2€, my Austrian account would cost me 10€+ in fees…

    • @kmcca204
      @kmcca204 Před rokem

      @Helena Carlock 2% on anything over $100 (one-hundred) for US residents. Not sure about other countries.

  • @pupoje
    @pupoje Před rokem +1

    Revolut has also subaccount for Children. Mi daughter like this very much

  • @joepaluka9031
    @joepaluka9031 Před měsícem

    Very good information

  • @lifeonhai6885
    @lifeonhai6885 Před rokem +2

    Thanks for the nice comparison. A quick question, withdrawing money from ATM using Revolut card on weekend wouldn't cost anything if that currency is already in your account ? For example one can exchange Euros to Dollars on Friday and withdraw on Sunday, it should be free or ?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +3

      The way I understand it, you should be right about that. But I don’t know 100%, because honestly, I have never had the chance to try this, because the currencies of the countries I travel to (like Brazilian Reais atm) are not available as account currencies. So I am stuck with the exchange rates. :)

  • @joaoramos32
    @joaoramos32 Před 4 měsíci

    Thanks

  • @banksiasong
    @banksiasong Před 10 měsíci +1

    Interested to hear your view about carrying cash.
    Last month we travelled to Europe and UK, and was very surprised that cash is still often asked for, and on some occasions the only form of payment. We had to scurry to an ATM for cash, and of course got the high fees and exchange rate. It was very surprising, especially in Amsterdam and Berlin.
    Many thanks.

    • @MaggiFuchs
      @MaggiFuchs  Před 10 měsíci

      Unfortunately still necessary… I always keep around 30€ in cash and use it when I have to. In Austria, we have lots of remote restaurants that don‘t have internet connection in the remote mountain areas, so there it‘s a nobrainer. But unfortunately many other restaurants insist on taking cash or only allow to pay with card if it‘s more than 20€.

  • @seriouslyinteresting
    @seriouslyinteresting Před 3 měsíci

    Thanks for sharing.

  • @brunosousa9264
    @brunosousa9264 Před 2 lety +27

    On revolut, you can prevent the weekend fees by add a currency and money there during the week.

    • @MaggiFuchs
      @MaggiFuchs  Před 2 lety +9

      Seems like that could work, provided that you can hold money in the needed currency. Unfortunately, it would not have helped me in Brazil, because I cant hold Real. :-) But thanks for pointing that out. 🤗

    • @fahiem95
      @fahiem95 Před 10 měsíci

      In any case the charges are not huge.

  • @lilylelob
    @lilylelob Před měsícem

    Thank you! I will apply for wise as well. I have for many years Revolut, got also the pro paying account and saved me lots of money in exchange rates.
    Unfortunately in Canada Revolut isn’t accepted or is on a waiting list. Maybe wise isn’t forbidden

  • @wanderwomanproductions9990

    Very helpful video! Quick question .. can you connect Wise card to an Uber account? Many Thanks!

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      I didn’t connect it directly to Uber, but i have it set up in Apple Pay and i use that to pay in Uber. :)

  • @Diya_285
    @Diya_285 Před 7 měsíci

    Thanks for the explanation. So both accounts are automatically EU accounts? Meaning if you live outside the EU/US/UK and you want to send money to your Revolut/Wise account, international bank transfer fees may apply, right?

    • @MaggiFuchs
      @MaggiFuchs  Před 7 měsíci

      I think which kind of account you get depends on where you live, but you can open other accounts in other currencies. But if you want to send money to and from a foreign account (and not charge it with a e.g. bank card), I guess there will be some fees.

  • @fruityeva
    @fruityeva Před 2 lety

    Thank youu! :)

  • @abidaferdous7913
    @abidaferdous7913 Před rokem

    Hi, many thanks for the information. Which card is best for worldwide travelling? As I don’t like keeping too much cash on me so its easy for me to do shopping, pay hotel, etc. I never use any car apart from UK card but my bank charge me a lot

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +4

      Hi! I personally find it useful to have them both, because I am on the free plan on both of them. If I had to pick only one, I would probably choose the Revolut because the app is more targeted towards travelers, but both have their pros and cons.

  • @gabygroebler4177
    @gabygroebler4177 Před rokem +2

    Hello Maggie, I use the Wuse card for 2 years now. First: it's very easy to.put money on the Wuse account: either via Sepa transfer from your employer, or from your private bank account, it takes about 24 hours. From the Wise card of my son it takes seconds. You can easily split money between 2 Wise cards and it costs nothing. Paying bills with the Wise card costs nothing in Euro snd o ly a small amount in foreign currency. I think k you should correct this. Kind Regards, Gaby.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +2

      Hi Gaby, I am not sure what you want me to correct. I believe I gave Wise a very good rating, after all I still use it in the areas it shines, but I stand by my opinion that Revolut makes it easier to charge the account and does things like the shared vaults better, which is useful for me and my husband while traveling. Have you ever tried Revolut?

  • @stephen6262
    @stephen6262 Před rokem

    Thanks for the great review do revolut do direct debits in spain and is it possible to have a spanish iban please

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      I don’t think that you can have a Spanish IBAN, just an european one from where they are from (LT), but I may be wrong. Maybe ask this question to their support, I think they can give you a more educated answer than me. :)

  • @ashleyfraser114
    @ashleyfraser114 Před 9 měsíci

    Thank you very much for the video, if I send payment link via wise to other people, will they be able to use the link by paying with a credit card like Visa/MasterCard?

    • @MaggiFuchs
      @MaggiFuchs  Před 9 měsíci

      I am not sure, I have never tried that. :)

  • @davidj7516
    @davidj7516 Před měsícem

    Thank you for your time and posting. I've never even heard of these cards. So thank you again. I'll check them both out. Does anyone have any experience using these cards in Vietnam, or are these cards more for Europe? Thank you.

    • @MaggiFuchs
      @MaggiFuchs  Před měsícem +1

      I personally have no experience with them in Vietnam, but hopefully someone around here can share their experience. :)

  • @diegoyuiop
    @diegoyuiop Před rokem +1

    Thank you very much Maggi. I'm from Italy but I'm going to Brazil this summers and I have a Revolut free account as you do but I can't find what commission would I pay when using it to buy stuff in Brazil. Is there any commission at all that Revolut withholds?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +2

      Hi! I am not sure if everyone has the same cost structure of if they change a little bit by location of the cardholder, but we had no fees for paying with the card, currency exchange is free for up to 1000€ (except 1% on the weekend) and also no fees to withdraw money up to 200€ by Revolut, but most ATMs charge you quite a lot, usually 20 - 25 Reais (4-5€). However, we found out that when you go to Bradesco banks and use their ATMs, they don‘t charge any fees, so we did that most of the time. If you type „limits“ in the search bar in the Revolut app, you can access the limits page that shows you how much you already spent. I hope that helps. :)

    • @diegoyuiop
      @diegoyuiop Před rokem

      @@MaggiFuchs Thank you again for the info!

  • @kmcca204
    @kmcca204 Před rokem +5

    Hi Maggie! For US residents beginning 1 March 2023 its 2% on anything over $100 (one-hundred-dollars) with Wise. I dont think Revolut is available to us yet 😥 I still like the idea when traveling to EU to be able to have 1 card that has both USD and EU stored for the convenience and maybe a CC for backup though. Is Apple Pay widely available in the EU like it is in the States? Next trip Id love to be able to just use iphone/watch for payments like home. And not have to worry about/deal with cards at all 😉 I can dream right? lol

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +2

      Hi! Many places I traveled to recently (Austria, Germany, France, Italy, Spain, Portugal) support contactless payment, either with cards or with the phone. Most supermarkets and stores have it. But I would not recommend it as the only mean of payment, because many small restaurants etc. don’t have it. And I was amazed that there are still places that don’t even accept any cards and only want cash… so I joing your dream of a day where all of this will be easier… 😅

    • @marynickless5525
      @marynickless5525 Před rokem +3

      I am a U.S. resident and I just opened the Revolut card. Maybe it wasn’t available before, but it is now

    • @desertserna
      @desertserna Před rokem +2

      Revolut is available for US Citizens since late 2021. I opened my Revolut account right after they started. I was one of the “Beta” customers and honestly I have not been disappointed at all. I use my Revolut when I go to Mexico and my card works perfect.

    • @_Viking
      @_Viking Před 11 měsíci +1

      FYi, apple pay/google pay and contactless is the most widely used payment in Scandinavia. I haven't used cash for many years😊

    • @stevedice5963
      @stevedice5963 Před 2 měsíci

      Just open a charles schwab investor checking. Use atms worldwide, the regular atm fee is reimbursed 3 weeks later. Always say YES local currency and NO to check balance and requests by the atm to convert currency those fees don't get reimbursed and its a rip off

  • @alexbishop5870
    @alexbishop5870 Před 3 měsíci

    Great Video, thanks. But I’m a bit confused- putting money on my Wise Card is easy - you either transfer it from a regular bank account after the first transfer it’s instant or for a small fee you can Apple Pay it. Perhaps it’s different in Brazil but I have both UK and Australian bank accounts linked and both work great.

    • @MaggiFuchs
      @MaggiFuchs  Před 3 měsíci

      There are lots of ways. I usually wire money there or use the debit card of my Austrian bank to recharge. :)

  • @vishalraheja4399
    @vishalraheja4399 Před rokem +1

    Wise has 3 disposable virtual cards, while revoult has only one. Virtual cards from Wise can be used everywhere but from revoult, it does not work on few e-commerce portal in Germany.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem

      As far as I know, on Revolut you can have up to 20 virtual cards…

  • @hermes8258
    @hermes8258 Před 9 měsíci

    I can't figure out which Germanic language you speak as your mother tongue: Swiss or Norwegian. Ah, now I got the fact: Austria. You speak softer than German but not as lilting as Swiss-German. So, now I learned something linguistic as well as financial. Thank you.
    I too am interested in both of these cards - Revolut I had some problems with and Wise has poor customer service. I will keep my bank in Canada, but use these for what they ere really designed for - cash in foreign currencies while travelling or doing business overseas, not so much for purchases.
    BTW, I can recall a time not that long ago (25 years?) when we got a better rate at the bank counter than the ATM when outside of my home country. Now, it seems there is no difference.
    BTW, great dentist!

    • @MaggiFuchs
      @MaggiFuchs  Před 8 měsíci

      Hahaha, yes, Austrian. That‘s funny, because my dialect is very harsh with lots of chhhchchch and kkkkckckckck. But I spent a year in the US after school, so I guess that „smoothed“ out my accent a little bit. 😊

  • @power4things
    @power4things Před měsícem

    Wise has virtual cards too. It is so easy to move money, some banks (particularly USA) still make wiring money resemble a Space Shuttle launch..

  • @Peterogen
    @Peterogen Před 3 měsíci

    ❤❤

  • @sheikhaun9576
    @sheikhaun9576 Před rokem

    Hey Maggi !
    I'm from US. I use wise, i also prefer it but my wise account got deactivated today for no reason.
    I just want to ask how can i reactive my account?
    Should I use Revolut for my business?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem

      Hi! I am afraid I can’t help you on this. I have never had any problems or my account deactivated. Maybe it would be best to reach out to their support?

  • @hetasaputra4598
    @hetasaputra4598 Před 2 dny

    In Milan, tap pay occasionally failed when using Wise. Never failed with Revolut

  • @andreashoppe1969
    @andreashoppe1969 Před rokem

    Hi. Solved the problem about verification for wise. The photo wasn't clear enough. I repeated the process and managed taking a cleaner photo of my passport and it was verified within 5-10 minutes. The card was shipped within 3 days. Thanks! Revolut: I cancelled! Didn't like their customer service.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem

      Thanks for the update, Andreas. Happy that you managed to solve the issue! :)

  • @whatudoin1
    @whatudoin1 Před 10 měsíci

    do they provide a german iban(DE) or is it english and belgium ?

  • @joaojaqueryfilho9738
    @joaojaqueryfilho9738 Před rokem +1

    My WISE card DID NOT WORK when I most needed it.
    After being in transit for more than 24hr, I arrived to pick-up a rental car, but WISE declined the payment. I called support but no one answered as it was out of their working hours. My purchase was within the card limit and I had 10x more funds than what was necessary.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +2

      Oh no, that does not sound fun at all.
      I personally always book (and pick up) my car rentals with my credit card from my home bank. I never use Revolut or Wise for this, because I think they technically count as prepaid debit cards, and debit cards and car rent companies, it’s always a hit or miss and many of the rental companies don’t accept them at all or only with restrictions.

  • @pavolkocis7456
    @pavolkocis7456 Před rokem +4

    Hi Maggi Revolut stopped supporting top ups from credit cards on 22nd July last year in the UK 🇬🇧 only from debit cards is possible unfortunately. With the Wise you can but with some changes do you know what charges are there?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +2

      Hi! I am afraid I don‘t know that. Maybe just reach out to their customer service? :)

  • @Zero_Gaming75
    @Zero_Gaming75 Před 9 měsíci

    Hi Maggi ! I have a question about Revolut, is it safe enough to put some money to it monthly ? Like about 300€, as I’m a foreign student in France, my bank did not give me access to my main account nor gave me a debit card to buy groceries. So my dad wants to send me some money through Revolut and we’re both wary of money’s safety.
    Hope you reply 🙏🏼

    • @MaggiFuchs
      @MaggiFuchs  Před 9 měsíci +1

      Hi! I usually always keep around 500€ in my free account there and refill it as I go and I personally never had any issues or problems in the last few years. Enjoy France! :)

  • @marjath2942
    @marjath2942 Před 2 lety +5

    As a resident of Japan, will the JPY on my Wise debit card be automatically converted at the mid-market rate whenever it's used to pay for something in another country? I'm trying to get my head around why travelers would hold multiple currencies.

    • @MaggiFuchs
      @MaggiFuchs  Před 2 lety +3

      The only practical reason I could think of is to avoid the exchange fees on the weekend.

    • @domdimensions9219
      @domdimensions9219 Před rokem +5

      The value of currencies fluctuate a lot. You can convert currency when the exchange rate is in your favor, and hold it in your wise account. Yes the JYP will be automaticlly converted, BUT, what if the exchange rate is better today? You can take advantage by holding that foriegn currency in your wise account.

  • @piterstg
    @piterstg Před 2 lety

    zajebiste video

  • @riccardoringenberg7831

    Hi Maggi, is it possible to load the Wise card with Brazilian money to use it there?
    As I will be traveling to Brazil this year and I saw in another video of you that you have been there before, I'm wondering if I can use Wise in Brazil.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      Hi Riccardo! I am in Brazil at the moment and I am using it. :) However, you can‘t hold BRL in Wise. I just use my normal Euro account, and I just use my Wise card as normal to pay and it just exchanges it with the current Interbank exchange rate and takes it from my Euro account. And that‘s much cheaper than when I would use my bank card from home to make the payments. I hope that helps. :) Enjoy Brazil!

    • @riccardoringenberg7831
      @riccardoringenberg7831 Před rokem

      ​@@MaggiFuchs Ah that's how it works, so it converts from my CHF or EUR account direct to BRL when I pay with the Wise card in Brazil. Muito obrigado pela sua ajuda ;-)

    • @MaggiFuchs
      @MaggiFuchs  Před rokem

      @@riccardoringenberg7831 De nada. :)

  • @makhdoommohammad8923
    @makhdoommohammad8923 Před rokem

    I plan to use wise for hotel booking, UBER, restaurants and travel using just one card back it up by my Pakistani credit cards. Should be enough in terms of cost effectiveness or should also keep revolut? I plan to use these in UK EU and US

    • @MaggiFuchs
      @MaggiFuchs  Před rokem

      Well… I am on a free account on both and I think the fees are reasonable on both, so I would not dare to give a recommendation on which one is more cost effective. :)

  • @pupoje
    @pupoje Před rokem +3

    Revolut is prepaid and wise is debit card. That also might be issue sometimes. For example I can’t pay Italian highway toll with prepaid card.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      I think that both are prepaid cards, because if there is no money on the account, both wont work. Have you tried to use a Revolut card on the Italian highway toll?

    • @pupoje
      @pupoje Před rokem

      @@MaggiFuchs No i didn’t bit according Revolut forum, all Revolut cards are prepaid. Wise is debit

    • @Taldanmus
      @Taldanmus Před 10 měsíci +3

      hmm..is there a distinction between debit and prepaid??

  • @antoninopettinato450
    @antoninopettinato450 Před rokem +2

    Per me va bene

  • @lou-salomearlandis3742

    hey there! very well done and informative video, I just have one question to be 100% sure before i commit: I'm from france and i frequently travel to the US, will the payments I make directly with the revolut card be completely free? And can someone tell me if the US accept the revolut card widely?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      In my opinion, they should be free during the week. On the weekend, there is the small fee you have to pay for payments in foreign currencies. But if in doubt, I am sure their customer service can give you a much more educated answer. I personally have not used them in the US yet. :) Enjoy your trip!

    • @lou-salomearlandis3742
      @lou-salomearlandis3742 Před rokem

      @@MaggiFuchs thank you so much for your answer!

  • @ana-ruxandrailiescu633

    What about Jordan. Which card would be best there?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem

      I’m afraid I have no experience with that. If I were you, I would talk to their customer service. :)

  • @bulga93
    @bulga93 Před 7 měsíci

    Thank you for the video. I've red wise and revolut web site info, and i still have a doubt. My currency is euro, and next month i'll be in Japan. For whitedraw cash from atm in yen (local currency) i need to have an amount in yen in my wise/revolut account?

    • @MaggiFuchs
      @MaggiFuchs  Před 7 měsíci

      I never did that. I always just keep my money in Euros and when I cash money abroad, it just takes it from there.

  • @agnodarwin
    @agnodarwin Před rokem +23

    Nice one Maggi, just to clear this: Wise is NOT a bank (no licence as a bank) and Revolut is a licenced bank (Lituania).

    • @aq2819
      @aq2819 Před rokem

      Revolut will never get a UK banking licence. Another soviet scum company trying to hide in Lithuania.

    • @mikelo_GIL
      @mikelo_GIL Před 3 měsíci

      Fintech doesn't necessarily need to be a bank so long as they provide secured financial services

    • @Lexus3377
      @Lexus3377 Před 3 dny

      Why not

  • @Tradesman1956
    @Tradesman1956 Před rokem +1

    What do you recommend when Wise blocks your account? Any experience with this ?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      No, I have no experience with this. But I guess I would contact their customer service and try to find out what happened. :)

  • @RonBrumleve
    @RonBrumleve Před rokem

    My girlfriend was injured while in Poland. Would the Wise card be a good way to pay the hospital bill there in Poland? What about purchasing her airplane tickets to travel from Poland back to the USA?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      Sorry to hear that your girlfriend was injured. She has no travel insurance that jumps in in that case? Other than that, I believe that it would be an option when you need to deal with different currencies. However, you need to have sufficient funds in your account, otherwise the payments will not go through.

  • @sat36nl70
    @sat36nl70 Před rokem

    Thanks Maggi,
    How about if i deposit 100 eur to Revolut, then I traveling to Swiss, do I need to exchange eur currency (Revolut) to Swiss currency? or stay with eur currency on Revolut,
    will Revolut paying by eur or CHF?
    Thanks,

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      As far as I know (someone please correct me if I‘m wrong), both is possible. If you just keep it on your Euro account and pay with it, it will pay with CHF and convert it with the interbank exchange rate. If you create a CHF account, it will pay from there. Could be useful to lock in a good rate or to avoid the currency exchange rates on the weekends.

    • @sat36nl70
      @sat36nl70 Před rokem +1

      ​@@MaggiFuchs
      Yes, you're right, it make sense.
      Thanks for your information.

  • @BAghz00
    @BAghz00 Před rokem +3

    Could you use Wise as a normal debit card in your home country?

  • @pixelatedframes2239
    @pixelatedframes2239 Před 2 lety +2

    Hope this hasn't been asked... is it possible to transfer money directly between a Revolut and a Wise account? The logic is that I prefer Revolut, but it isn't available for use as widely, which having an account on Wise would solve if they "speak to each other."

    • @MaggiFuchs
      @MaggiFuchs  Před 2 lety +4

      Recently there was a commenter that told me that you can actually charge Wise via a credit card, so you could use your Revolut card to charge Wise and vice versa. I am not sure if you want to “automate” that. On Revolut, you could set that it recharges your account regulary (e.g. everytime the balance falls below a certain threshold). So there it would work. I am not sure though if you can do the same on Wise.
      But you would be able to transfer your money back and forth in seconds.
      I really hope that helps! :)

    • @pixelatedframes2239
      @pixelatedframes2239 Před 2 lety +1

      @@MaggiFuchs definitely, thanks for the quick reply and extra info. Have a nice weekend!

    • @markovchain2412
      @markovchain2412 Před rokem

      Nice point on gift card!

  • @swedendive
    @swedendive Před 3 měsíci

    You must change the currency in each country in the Wise app? Or you keep your own currency - when take out money from ATM.

    • @MaggiFuchs
      @MaggiFuchs  Před 3 měsíci

      I usually just keep it in my own currency.

  • @RealRosa.
    @RealRosa. Před rokem +1

    I’m Canadian can I just link my debit card to wise and send money to my American friends or do we both need a wise card

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      You can also send money to their bank accounts, but I guess it would be cheaper if they also had a Wise account? But I am not 100% sure about that, there are so many differences between the countries, so if I were you, I would ask their support. :)

  • @quinpen
    @quinpen Před rokem

    Hi Maggi, all these multi-currency apps are quite mind boggling to someone like me who was not born in the digital age. I just need a clarification. Say, I change 100 of my home currency to yen for a trip. At end of the trip, I somehow am left with 20 yen. I suppose I can then change the 20 yen back to my home currency, right? The reason I ask is that I know of another app that doesn't allow the withdrawal of the balance back to my home or to another currency. Thank you very much in advance.

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +2

      In my opinion, the easiest would be not to open a Yen account, just use the card during the trip and they will exchange every payment you make into your currency and take it from your main account (just note there is a small fee for this on the weekends). I always do it like this, also because accounts in the currencies of the countries I traveled to recently are not available.

  • @ahamadali2623
    @ahamadali2623 Před rokem

    Hi,can we use any of these card at amazon seller account?

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +2

      I don’t know, but my guess would be yes, unless Amazon has some kind of limitation (e.g. only accepting bank accounts from the residency country of the account owner).

  • @3rdtwirl494
    @3rdtwirl494 Před 2 lety

    I sent the link to my client in Nevada USA and apparently it’s not usable. What can I do to help

    • @MaggiFuchs
      @MaggiFuchs  Před 2 lety

      Hi. Not sure which link you mean?!

  • @thayennemendonca
    @thayennemendonca Před rokem

    So I'm a Brazilian in Europe and I use Wise to transfer my money from Brazil (reais) to Europe (€). Can I use Revolut for that or it doesn't work to make wires from Brazil? :(

    • @MaggiFuchs
      @MaggiFuchs  Před rokem +1

      I am honestly not sure…. I know that it does not work to wire money from Europe to Brazil. The other way around, I don’t know. But I am sure that their customer service will be able to answer that question better than me. :)

    • @thayennemendonca
      @thayennemendonca Před rokem

      @@MaggiFuchs thanks!! :)