Complete Guide: Wise Card – How It Works, Benefits and How to Request

The Wise Card is an international debit card offered by Wise, formerly known as TransferWise. Unlike traditional credit cards, the

Wise Card allows users to spend only the available balance in their account, without the possibility of accumulating debt.

Difference between Debit and Credit Card

While credit cards offer a pre-approved limit that allows purchases to be split and paid later, the Wise Card operates on the direct debit principle.

This means that the amount spent is taken directly from the balance available in the user’s Wise account, ensuring more precise financial control and avoiding surprises on the invoice.

Wise Card Benefits

• No monthly fees, annual fees or delivery fees: Users only pay for the transactions they carry out, with no additional costs.
• Transparent and competitive exchange rates: Wise offers fair and surprise-free conversion rates, allowing users to convert their balance to multiple currencies with peace of mind.
• Two free withdrawals per month from ATMs abroad: With the Wise Card, users can withdraw money in more than 200 countries at no additional cost up to twice a month.
• Secure and fast international payments: The platform offers a reliable service for sending and receiving money abroad, ensuring security in transactions.
• Intuitive app to manage your card: The Wise app allows users to control their spending, view their balances, block their card and more, all in a simple and convenient way.

How to apply

To apply for the Wise Card, interested parties must meet the following requirements: be over 18 years old, reside in Brazil and have a valid CPF.

Additionally, Wise may request identity verification and proof of address during the application process. The procedure for obtaining the Wise Card is simple and involves the following steps:

1. Create a Wise account: Open a free account on the Wise website or app in just a few minutes.
2. Verify your identity: Follow the instructions to confirm your identity and address.
3. Request the card: Choose between the physical or virtual debit card and complete the request.
4. Receive and activate the card: The physical card will be delivered to your home within 10 business days. Once received, activate it through the app.
5. Add funds: Transfer money to your Wise account in Brazilian reais and convert it to the desired currency before using the card.
6. Make purchases and withdraw cash: Use the card to make online and in-store purchases, and withdraw cash from ATMs in Brazil and abroad.

In short, the Wise Card offers a convenient and cost-effective way to manage international transactions, giving users full control over their spending and transparent fees.

With its benefits and ease of use, it is a smart choice for those looking for practicality and security in global finances.

Gabriel da Silva 13 de June de 2024