Wise vs Revolut - This is what I've found out

[FriscoKid]

12 minutes ago, Delta Shift said:

 

Don't get involved in a conversation between two members, especially if it's an argument.

You probably wouldn't like others to do it so don't do it.

Pretty simple.

As for judging my views on a given topic, no problem.

Go ahead and let me know if you don't share my views on Wise and Revolut.

I didn't see any arguments. Only you ranting like a madman. Reminds me of some of those other trolls who got banned from this forum for similar behavior in the past and then returned with fresh, new user accounts. Is that you NowNow?

[Delta Shift]

17 minutes ago, FriscoKid said:

Reminds me of

 

I don't care, bro...

I really don't.

[Dan O]

6 hours ago, KannikaP said:

But of course WISE and Revolut ARE NOT Credit Cards, they are DEBIT CARDS.

I never said they were i replied to someone else's comment 

[Dan O]

4 hours ago, RSD1 said:

 

Every time a business has informed me about a surcharge for using a credit or debit card, they’ve explained that the fee is the same regardless of whether the card is foreign, domestic, credit, or debit, because they will ultimately be charged the same percentage fee from MasterCard and Visa, no matter which card you use. However, they’ve never specifically asked me whether the card I want to use is foreign or domestic. In your case, I assume they may not want to accept an overseas card due to greater concerns about fraud or potential chargebacks. By stating there would be a surcharge for using a "foreign credit card" specifically, they were likely trying to discourage you from using it altogether.

I am well aware of what they do and don't and why. I have a business here and face this every week 

[RSD1]

6 minutes ago, Dan O said:

I am well aware of what they do and don't and why. I have a business here and face this every week 

Anecdotal information and doesn't address my point to you about businesses not wanting to accept foreign credit cards because of fraud risks. But doesn't matter. Leave it at that. 

[Suitcase]

On 1/13/2025 at 9:30 AM, Moonlover said:

Ok, good. Now that we all understand that! (err do we?)

 

In its prime role, the one in which it was conceived and intended, Wise is absolutely perfect. I started using them following the demise of the embassy income letters some 4 years ago. I've been doing 2 or 3 transfers from my UK bank account via Wise ever since and they have never let me down.

 

And it's even more convenient now that they have developed standing orders for transfers. I can just sit back and watch the money roll in. What is they to complain about? Nothing as far as I'm concerned.

My complaint is Last Summer was the last time I used Wise and it took them 6 days to transfer the money from the US to Thailand so I quit using them

[FriscoKid]

2 hours ago, Delta Shift said:

 

I don't care, bro...

I really don't.

But your little temper tantrum there is a violation of TOS on the site and could get you banned. But, as you said, you don't care, because you're used to that, and the next time it happens, you will just start up another new account and come back again. Rinse and repeat right?

[sandyf]

On 1/13/2025 at 12:41 PM, Millian said:

I suppose I could just order one and make some payments and see what happens. But would be good to know first.

What will happen will depend on the circumstances.

As has been said if you make a payment for goods in a currency that you hold on the Wise card there will be no fee, as transaction fees are paid by the merchant. I have come across companies that will increase the price if you pay by card to cover that fee.

If however the transaction is processed in any other currency there will be a small  conversion fee. For example you have GBP, EUR and USD available and you make a purchase in EUR and there is insufficient EUR balance to cover the amount, Wise will take the difference from either the GBP or USD balance, which would mean a currency conversion.

Cash withdrawals are a different matter. Wise will allow 2 withdrawals a month up to £200 without fee, fees would be applied to withdrawals outside the allowance. It should  be borne in mind that ATM's may impose a fee from the provider which has nothing to do with Wise. I believe all ATM's in Thailand have fees imposed by the provider, some a  bit cheaper than others.

I have had my card for some time now and find it invaluable when travelling, getting a beer in a foreign airport has become so much easier and cheaper. With my UK bank card, faced with a non sterling transaction fee an their version of the exchange rate.

[Delta Shift]

On 1/13/2025 at 12:18 AM, mikebell said:

How do I get a Wise card?  I am a member from UK but live full time in Thailand?

 

To get a physical Wise card, you'll need a proxy in the UK able to send you the card upon reception.

However you could just go for the Wise virtual cards for online payments and wallets.

Revolut does send cards worldwide and offers virtual cards as well.

[KannikaP]

11 hours ago, Dan O said:

I never said they were i replied to someone else's comment 

Sorry for the misunderstanding, and the BOLD font. I didn't want that, but never mind.

[Delta Shift]

On 1/13/2025 at 8:13 AM, Millian said:

I'm one of those and yes I use my UOB (previously Citi) CC.  Although I'm pondering the idea to switch to using Revolut card as my 'daily driver' for card payments.

 

Revolut is deffo a good choice for card payments. Based on my research it is actually the best option out there as long as you don't withdraw with it. Just remember it's a DC and not a CC. This type of authorization-required card might be a problem for things like renting a car ( I think you need a proper CC for that).

 

On 1/13/2025 at 8:33 AM, Surasak said:

I will keep using my Revolut card, its cheap enough for me.

 

Revolut is a good choice but you might wanna look for something else when it comes to withdrawals. Revolut gets pretty expensive on large withdrawals.

[oldcpu]

10 minutes ago, Delta Shift said:

 

... as long as you don't withdraw with it. Just remember it's a DC and not a CC. This type of authorization-required card might be a problem for things like renting a car ( I think you need a proper CC for that).

 

 

Yes - that is true for some rental car companies in my experience. 

 

A couple of years ago, in Northern Ireland, I showed up at the rental car company to pick up my rental car.  I passed them my Wise debit card and they immediately handed it back, and stated I needed to pass them a credit card instead (they would not accept a debit card).  (Then it was a mad scramble to dig out a credit card and further try to remember my credit card transaction 'authorization' code).

[Dan O]

14 hours ago, RSD1 said:

Anecdotal information and doesn't address my point to you about businesses not wanting to accept foreign credit cards because of fraud risks. But doesn't matter. Leave it at that. 

I clear gave a valid reply if you can read and comprehend English. Many business are starting to charge the user a 3 to 5 % fee if you use a credit card.  Is that simple enough. Do you own a store or part of a business  that has to deal with this?

 

  Fraud is fraud and can happen a multitude ways.  That's all I have to say so you can troll way and look for another victim as usual