Wise Card is Finally launched in India

[aayusharyan]

I just received this email that Wise is coming to India. In my opinion, this is a better alternative than using Bank's Forex cards.
The link is personalized, can't share.... Sorry about that.

 

[Trehre]

Yep. $200 withdrawal is free per month at an atm unless I'm mistaken. Now I'm just waiting for Revolut's offering.

 

[cardio_guycardio_guy is verified member.]

I too got this mail yesterday, but when I click the link and login, I am seeing this error:
Anyone seeing this error? Any solutions here?
(I had already pre-applied last year or so, and was in their waitlist)

 

[Trehre]

I too got this mail yesterday, but when I click the link and login, I am seeing this error:
Anyone seeing this error? Any solutions here?
(I had already pre-applied last year or so, and was in their waitlist)
View attachment 115660

Guess they're still rolling out. I stumbled upon it a week ago by coincidence before the mail arrived.

 

[Trehre]

I don't see a use case for the digital version, since I can always use my 0% forex credit cards. But the physical helps If I need a little bit of cash during a trip instead of relying on Airport Forex.

Fees are as follows
- $200 per month is free
- $1.40 + 3.25% after

 

[aayusharyan]

Yep. $200 withdrawal is free per month at an atm unless I'm mistaken. Now I'm just waiting for Revolut's offering.

At the same time, Wise cards are better for online txns... One advantage is when some merchant does a card number check, Wise will report it, other banks don't show it to you...

A card number check is a transaction with doesn't involve any monetary moment, just a check whether card is active or not. That is helpful in case to understand whether your card details have been leaked or not...

 

[akshayhs]

I'd say it's a.....wise decision!

 

[Dreams Of Desire 💓]

So is it WISE to add money today in this wallet and after some days withdraw it? Wrt declining dollor value!

 

[Dreams Of Desire 💓]

I'd say it's a.....wise decision!

Couldn't you wait 3 minutes to let me complete my comment🥺

 

[rajcasio]

What am i doing in this thread with an EXPIRED PASSPORT?

 

[Pissant]

I just received this email that Wise is coming to India. In my opinion, this is a better alternative than using Bank's Forex cards.
The link is personalized, can't share.... Sorry about that.

View attachment 115659

It doesn’t let me add money in this menu. Shows me an error

 

[Pissant]

nvm I figured it out. It works via the webpage

 

[nixflix]

I had used a Wise card in EU for many weeks. It was my friend's (he lived there) and since I was just backpacking he had given it to me for just in case scenario (best friends; just in case anyone is curious). I had checked the expenses and confirmed by him but he had said there was no txn fee and even conversation rates were great (only few countries that didn't deal in Euro) and also since the card was from EU and I was spending in EU it was pretty nice. Soon I stopped using my Thomas Cook card (which was worse than my Indian credit cards - lost some money as well). Yes I used it in the ATMs as well (my friend had said I could use and there was no fee). Circa 2019-20.

So not sure why the txn. fee in India? Is it because it was like a normal bank debit/prepaid card in EU and it's literally a Forex card here?

PS. Also - I will be travelling to UAE in coming months, for 2-3 weeks, should I just stick to my Atlas and DCB and not wreck my head around using a Forex card and just rely on a little of local currency notes that I will take from India? It sure felt during my EU trip that Thimas Cook was an unnecessary pain.

 

[darkjediknight]

Not so beneficial. They don't allow keeping balance in INR + there's a fee of 3.72% to add money.

 

[aayusharyan]

Not so beneficial. They don't allow keeping balance in INR + there's a fee of 3.72% to add money.

View attachment 115668

And compare it once with your best alternative, I would like to see their Forex rates + currency conversion fees as well...
Also, Wise in India doesn't have the benefits as wise in other countries because of RBIs restrictions. So, can't do anything about that.

 

[ccninja]

worth it? the charges are huge.

 

[aayusharyan]

worth it? the charges are huge.

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Use digital for all ecom txns. Atleast the shady random sites...

 

[aayusharyan]

worth it? the charges are huge.

View attachment 115673

I have both, actually multiple digital cards. Different ones for different purposes.

 

[Navneetk24]

Is it possible to transfer the 1800+ back to my indian account after applying for the card?

 

[HumorSimpson]

A card number check is a transaction with doesn't involve any monetary moment, just a check whether card is active or not. That is helpful in case to understand whether your card details have been leaked or not...

Great feature. This should be implemented in all the cc, DC cards 🎴