Wise Interest lets you earn a return on idle USD, GBP, EUR and other currency balances held in your Wise account. A complement to your Wise account, not a standalone payment tool.
Quick Verdict
Rating: 4.3/5 — ★★★★☆
Best for: Wise users who want to earn interest on USD or GBP balances between client payments
Not ideal for: Standalone savings account — only works within Wise
Get started with Wise Interest →Key Facts
| Category | fintech / savings |
| FX fee | 🟢 0.41% |
| Withdrawal fee | Free |
| Monthly fee | Free |
| Payout speed | same-day |
| KYC level | Standard (ID required) |
| Founded | 2011 |
| HQ | GB |
Country Availability
| UK | Canada | Australia |
|---|---|---|
| ✅ | ✅ | ✅ |
Fees
| Fee type | Amount |
|---|---|
| FX conversion | 0.41% above mid-market |
| Withdrawal | Free |
| Monthly subscription | None |
| Currencies supported | 10+ |
Features
| Feature | |
|---|---|
| Bank transfer | ✅ |
| Card payments | ❌ |
| Crypto | ❌ |
| Virtual card | ❌ |
| Physical card | ❌ |
| Multi-currency | ✅ |
| Business account | ✅ |
| Mobile app | ✅ |
| API access | ❌ |
| Upwork integration | ❌ |
| Fiverr integration | ❌ |
Pros
- Low FX fee — 0.41%
- No monthly fee
- Multi-currency account
- Mobile app (iOS & Android)
- Business account available
Cons
- Check availability in your country
Who Should Use Wise Interest
Perfect for: Wise users who want to earn interest on USD or GBP balances between client payments
Skip it if: Standalone savings account — only works within Wise
How to Get Started
- Visit https://wise.com/interest and create an account
- Complete identity verification (Standard (ID required))
- Set up your payment receiving details
- Share with clients or connect to your freelance platform
Frequently Asked Questions
Is Wise Interest available in the UK? Yes — Wise Interest is fully available in the UK.
Is Wise Interest available in Canada? Yes — Wise Interest is fully available in Canada.
Is Wise Interest available in Australia? Yes — Wise Interest is fully available in Australia.
What are Wise Interest's fees? Wise Interest charges 0.41% for currency conversion.
Is Wise Interest safe? Wise Interest is a regulated financial service with a strong safety record. Always verify current regulatory status on their website.
This review was last updated 2026-03-30. Fees and availability may change — always check Wise Interest's website for the latest information.
feebite may earn a commission if you sign up via our links. This does not affect our editorial ratings.