Overview

Wirex is one of the oldest crypto card companies in the market, having issued its first crypto-linked Visa card in 2015 — before Crypto.com and most of its competitors existed. The company has built a multi-currency financial platform that supports 150+ currencies (fiat and crypto), positioning itself as a global spending card for international travellers, expats, and crypto users across multiple jurisdictions.

The Wirex Visa card earns rewards in WXT (Wirex Token), the platform's native token, at rates of 0.5–8% depending on the subscription tier. The multi-currency account capability is Wirex's most distinctive feature: users can hold and convert between currencies at competitive interbank rates, then spend from whichever currency account is selected. This makes the card particularly useful for users who receive income in multiple currencies or who spend across different geographic regions.

Wirex operates primarily in the UK, EU, and Asia-Pacific markets. It holds an FCA e-money licence in the UK and has expanded into Canada and several other markets. The platform includes a crypto exchange, savings account, and DeFi yield products alongside the card.

The freemium subscription model — offering a free Standard tier and paid Elite and Premium tiers — means users can access the card at no cost with lower reward rates, or pay a monthly fee for enhanced cashback, higher transaction limits, and additional currency account features.

How It Works

The Wirex card spends from the currency account you designate as your primary spending wallet. Wirex supports 150+ currencies including major fiat currencies (USD, EUR, GBP, JPY, etc.) and major cryptocurrencies (BTC, ETH, USDT, USDC, and many others). When you make a purchase in a currency that matches your primary account, no conversion is needed. If you spend in a foreign currency, Wirex converts at the prevailing Mastercard or Wirex exchange rate.

Crypto-to-fiat conversion occurs within the Wirex platform. You can hold Bitcoin in your Wirex BTC account, then convert to your spending currency (e.g., GBP) within the app before making a purchase, or set up automatic top-up from crypto when your fiat balance runs low.

WXT cashback is credited for every qualifying transaction and settled daily to your WXT balance. The cashback rate is determined by your subscription tier. WXT earned can be exchanged within the Wirex platform or withdrawn to an external wallet.

For frequent international spenders, Wirex's multi-currency capability is its most practical feature: holding foreign currency in advance of travel, converting at the best rate within the app, and spending at zero foreign transaction fees provides meaningful savings over traditional bank cards with 2–3% FX fees.

Reward Tiers