TransferWise launches debit card for Australasia

TransferWise, the money transfer service, has announced the launch of its platinum debit Mastercard for businesses and consumers in Australia and New Zealand. The debit card is connected to a TransferWise account – a multi-currency account that lets users send money with the real exchange rate, receive money for free, and convert currencies with low fees.

Both the TransferWise business and personal accounts let users add, hold, and convert between over 40 currencies instantly and on the go. All conversions and card transactions are made with the real exchange rate as seen on Google.

An account also comes with personalised bank details for Australia, New Zealand, the UK, Eurozone, and the US. There are no setup fees or monthly charges. Anyone with a business or personal TransferWise account can log in to order the debit card.

TransferWise says that perks coming with the platinum debit card include e-commerce protection, airport concierge, and global health and travel access.