Wise

Wise, formerly TransferWise, is a UK-headquartered fintech offering international money transfers and a multi-currency account holding over 40 currencies. The platform uses the mid-market exchange rate with transparent, low fees, typically saving users significant amounts compared to traditional banks. UK customers can hold GBP and foreign currencies, receive money with local account details in multiple countries, and spend abroad with the Wise debit card at the real exchange rate. Wise is authorised by the FCA as an Electronic Money Institution. The referral programme offers new users a free Wise card or fee-free transfer up to £500. Referrers earn £75 after three friends each complete qualifying activity over £200.