What makes the best Prepaid Debit Cards?

To decide which Prepaid Debit Card is the best, we rate all Prepaid Debit Cards on 6 different areas:

Table of contents

Rank Name Best Usecase Score Details
#2 Wirex 217 Pros/Cons Coupon/Review
#1 Transferwise Best for international money transfers with low fees and transparent exchange rates, TransferWise offers a hassle-free solution. 334 Pros/Cons Coupon/Review

The verdict: which Prepaid Debit Cards are the best in 2024

2. Wirex

Wirex is a Multi-Currency Visa Crypto Card with up to 1.5% cashback in your BTC account.
  • Wirex is a London-based fintech company that offers crypto and fiat currency accounts on one platform.
  • Wirex was founded in 2014 by Pavel Matveev and Dmitry Lazarichev.
  • The purpose of Wirex is to make cryptocurrencies easily accessible to everyone by allowing users to buy, sell, store, exchange, and spend both cryptocurrencies and traditional currencies seamlessly within the Wirex app.
  • Wirex provides cryptocurrency debit cards that allow users to convert and spend their crypto balances anywhere Visa/Mastercard is accepted.
  • Wirex aims to bridge the gap between digital and traditional currencies and bring cryptocurrencies into everyday life.
Wirex Specifications
Name: Wirex
Website: https://wirexapp.com/
Coupon Code:
Free Credits:
Free Trial:
Yearly Discount:
Unlimited Plan:
No Creditcard Required:
Read Review
Affiliate Program
Join Affiliate Program
Screenshot of Wirex Homepage

Wirex advantages and disadvantages

Pros Cons
  • Low fees: Wirex has low fees compared to traditional banks and other crypto exchanges.
  • Multi-currency accounts: Users can hold various traditional and cryptocurrencies in one account.
  • Cryptoback rewards: Users earn up to 2% back in WXT tokens on purchases.
  • Variety of cards: Wirex offers virtual and physical debit cards with good exchange rates.
  • High spending limits: Wirex cards have higher daily spending limits than many other crypto cards.
  • Secure and insured: Funds are kept secure in segregated accounts and insured up to $100,000.
  • Easy to use app: The Wirex app makes managing accounts and exchanging currencies simple.
  • Good customer support: Wirex provides 24/7 live chat, email, phone support.
  • Limited availability: Wirex is not available in some countries like the US.
  • Lack of support for some coins: Wirex does not support certain major cryptocurrencies like Cardano and Solana.
  • Higher fees than some competitors: Wirex has higher fees for some transactions compared to other crypto platforms.
  • Occasional technical issues: There have been some reports of technical problems with the Wirex app and services.
  • Limited customer service: Wirex customer support can be slow to respond and provide limited live chat availability.

Wirex Key Features:

  • Multi-currency accounts - Send, receive, exchange and manage multiple currencies in one place.
  • Debit cards - Physical and virtual debit cards to easily spend crypto and traditional currencies worldwide.
  • Low fees - Low-cost crypto exchange, payments and transfers.
  • High limits - Higher transaction limits compared to other crypto platforms.
  • Security - Secure accounts protected by biometric authentication.
  • Rewards program - Earn cashback and rewards for using Wirex services.
  • Mobile apps - Intuitive mobile apps for iOS and Android.
  • OTC desk -Large crypto transactions with personalized service.
  • Staking - Earn rewards on crypto balances.
  • Licenses - Fully licensed to operate in multiple jurisdictions.
  • Lite - Free debit card and no monthly fee. Exchange limits apply.
  • Classic - 1.5% exchange fee and a monthly fee of €2. Deliveries within the EU.
  • Pro - Get up to 2% cryptocashback on purchases. No exchange fee and a monthly fee of €16. Free express delivery worldwide.
  • XBorder - No FX fees for Euro accounts in multiple countries. Monthly fee of €17. Includes all Pro account benefits.

VIEW Wirex Coupon VISIT Wirex Website

Best for international money transfers with low fees and transparent exchange rates, TransferWise offers a hassle-free solution.

1. Transferwise

TransferWise is a peer-to-peer online money transfer service with a debit MasterCard. Very useful for paying for your traffic sources.
  • Transferwise is an online money transfer service founded in 2011.
  • Its purpose is to provide fast, low-cost international money transfers and currency exchange.
  • Key features of Transferwise include:
    • Ability to send money to over 70 countries
    • Low fees compared to traditional banks and services like Western Union
    • Real exchange rates with no hidden charges
    • Faster transfers than traditional wire transfers
Transferwise Specifications
Name: Transferwise
Website: https://transferwise.com/
Coupon Code:
Free Credits:
Free Trial:
Yearly Discount:
Unlimited Plan:
No Creditcard Required:
Read Review
Affiliate Program
Join Affiliate Program
Screenshot of Transferwise Homepage

Transferwise advantages and disadvantages

Pros Cons
  • Low fees: TransferWise has much lower fees than traditional banks and wire transfers for sending money abroad.
  • Great exchange rates: They use the mid-market exchange rate with no hidden markups, so you get a fair conversion.
  • Fast transfers: Money can be sent quickly to over 70 countries within 1-3 business days on average.
  • Easy to use: The website and app make sending money abroad simple with a clean interface.
  • Reliable service: TransferWise has been operating since 2011 and has a strong track record for reliability.
  • Good customer support: 24/7 customer support is available to help with any issues.
  • Transparency: All fees and exchange rates are clearly displayed upfront.
  • Regulated company: TransferWise is authorized and regulated by top financial authorities.
  • Multi-currency accounts: You can hold money in over 40 currencies in your TransferWise account.
  • Fees can add up: While TransferWise advertises low fees, those fees can add up quickly if you transfer money frequently or in large amounts.
  • Limited currencies: TransferWise only supports about 50 currencies currently. If you need to transfer money to or from a currency they don't support, you'll have to use another service.
  • Exchange rate markup: TransferWise applies a small markup on top of the mid-market exchange rate, so you don't quite get the best possible rate.
  • No physical locations: As TransferWise is an online-only service, you cannot deposit or pick up cash from physical locations.
  • Lacks some features of banks: TransferWise lacks some features you may be used to with a bank, like checking accounts, loans, or credit cards.
  • Long transfer times: While domestic transfers are fast, international transfers can take 2-3 business days in some cases.
  • Customer support lacks phone support: TransferWise only offers email-based customer support, which can be slow compared to calling.

Transferwise Key Features:

  • Borderless accounts - TransferWise allows users to hold funds in multiple currencies in a single account.
  • Cheap transfers - TransferWise offers low fees on international money transfers compared to banks and other providers.
  • Real exchange rates - TransferWise converts money using the mid-market exchange rate with no hidden fees.
  • Multi-currency debit cards - The TransferWise debit card allows users to spend money directly in multiple currencies.
  • Automated workflows - Users can set up recurring transfers and other automated workflows.
  • Business accounts - TransferWise offers accounts tailored to the needs of businesses.
  • High limits - TransferWise allows transfers of large sums of money.
  • Integrations - APIs and other integrations allow TransferWise to connect with other platforms.
  • TransferWise - Free transfers up to £500 every 30 days
  • TransferWise Plus - Unlimited free transfers. £3.33 per month fee.
  • TransferWise for Business - Designed for businesses. Pay per transfer pricing based on amount sent.
  • Mass Payouts - For sending payments to many recipients at once. Pay per recipient pricing.

VIEW Transferwise Coupon VISIT Transferwise Website

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