Last Updated on December 9, 2021 by Rajeev Bagra
Source: Wise newsletter dated 8 Dec 2021
The Wise debit card has launched in Brazil and Malaysia today!
Wise card in Brazil
The Wise card and multi-currency account are now available for personal and business customers who live in Brazil and it’s completely free to order! With the Wise account you can hold and convert 54 currencies, receive 10 currencies and pay in over 200 countries online or in-store!
ATM fees: You can take out money for free abroad twice a month — as long as the total amount is under the equivalent of 1,400 Brazilian real. More info on fees here.
The unique thing about the card is that Wise customers will only pay 1.1% IOF on all transactions compared to 6.38% for Brazilian credit cards.
| Wise card in Malaysia|
In Malaysia, all Wise products are now available – personal and business customers can use the Wise account to hold and convert 54 currencies, receive money in 10 different currencies (including MRY) and order the debit card! Our customers can also get Wise virtual cards alongside a physical one. Fees: It will cost 13.70 MRY to order the card for personal customers. Business customers get the card for free with their multi-currency account. You can take out money for free abroad twice a month — as long as the total amount is under the equivalent of 1,000 Malaysian ringgit. For more info on withdrawal fees here.