How I Save Money When Working Abroad - Wise Review (2024)

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Learn how I save money while working abroad with the Wise debit card. In this video, I'll review the benefits of using Wise card for international transactions in 2024. I went over the main advantages it has over using a traditional bank, or no-fee foreign exchange credit card. The main way Wise saves you money is by allowing the user to convert or auto convert currency at the mid market rate. Wise makes spending abroad lower cost, and easier to understand for the average person. The fees on Wise are transparent and the app is well built, secure and packed with handy features for doing business.

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00:00 Important Info
1:26 How and Why I Use Wise
2:58 How Wise Saves You Money
4:34 Fees on Wise for Currency Conversion
5:15 How Spending Works on Wise
6:30 Fees are the same if you auto-convert
8:00 How zero fx fee credit cards work
9:59 Teaching my friends about Wise
10:31 Lost the card with no penalty
11:30 Withdrawing the local currency
12:56 Quick recap
13:28 Wise Business Account Features
14:05 Do not use Wise as a bank
14:59 Conclusion