Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more.

Krak logo

Krak Card vs Wise debit card: fees, cashback & rewards compared

See how Krak Card stacks up against the Wise debit card on FX fees, cashback, and everyday spending
Apply for Krak Card

Feature comparison

The table below provides a side-by-side snapshot of the Krak Card and the Wise Personal card across everyday features, fees, cashback and more.
Krak Logo
Krak Card
Wise logo
Wise
Monthly fee
Free
Free
Cashback rewards
Up to 2%1
Salary match
Yes, up to 1%2
Number of supported assets
150+
40+
Apple Pay / Google Pay
ATM withdrawals
Free worldwide3
2 free per month up to £200
Then £0.50 + 1.75% over £200
FX fees
Mastercard
~0.2–1.5%
Mid-market
~0.33–0.57%
Premium/Metal tier
Metal Card available
(avg £50,000 in combined assets)
Best for
Spenders seeking instant cashback
Multi-currency travelers
Apply for Krak Card

Krak Card vs Wise:
who is cheaper?

Fees can quietly erode the value of every pound you spend abroad. This table breaks down the cost structures of both cards in detail so you can see exactly where your money goes.
Krak Logo
Krak Card
Wise logo
Wise
Monthly fees
Free
Free
FX fees
FX fees on card payments
Mastercard rate
0.2–1.5%4
Mid-market rate
+ conversion fee from 0.43–0.57%
Exchange rate transparency
Available in app
Available in app
Best for
Fee-free global spending
Low-cost currency conversion
Apply for Krak Card

Cashback and rewards comparison

Cashback can turn everyday spending into a steady stream of rewards. The table below breaks down how the two cards stack up when it comes to earning back a portion of what you spend.
Krak Logo
Krak Card
Wise logo
Wise
Cashback support
Cashback rate
Up to 2%
Cashback currency
GBP
(or other supported currencies)
Subscription required for cashback
N/A
Cashback payout destination
Krak account balance
N/A
Cashback payout timing
Instant at settlement
N/A
Monthly spend example
None
Best for
Spenders who want real rewards on every tap
Users focused on low-fee transfers rather than rewards

Reward example: A UK cardholder spending £2,000 per month earns up to £40 in cashback each month. ​​Customers can now earn up to 2% cashback on everyday spending, with rewards steadily increasing in line with the value of assets held on-platform.

Apply for Krak Card

Monthly cashback simulator

At

Krak Card

Wise

1 month

£40.00

£0.00

6 months

£240.00

£0.00

1 year

£480.00

£0.00

Apply for Krak Card

At a glance

Find out which card is better suited to your specific needs using the table below.
The bottom line
The bottom line
Best for international spending
Krak Card. No FX fees and global ATM withdrawals with no Krak fees make it the stronger choice for travel. Krak Concierge boosts travel cashback to 4% via the card and 6% via the app, with up to 60% discount on hotel bookings.5
Best for cashback
Krak Card. With up to 2% cashback on eligible purchases and no monthly cap, it’s one of the most rewarding debit cards available in the UK.
Best for salary match
Krak. You can receive up to 1% match when you deposit your salary in Krak.
Gradient
Krak Card vs Wise Personal card

Which card is better for UK customers?

Both cards serve different financial priorities. Overall, the Krak Card offers more value for UK customers who want instant cashback, salary match and zero-fee payments. Wise remains a solid choice for users whose primary need is low-cost fiat currency management and international money transfers.
International spending
dot
Cashback
dot

Salary match

Reserve your card

Which card is better for UK customers?

Both cards serve different financial priorities. Overall, the Krak Card offers more value for UK customers who want instant cashback, salary match and zero-fee payments. Wise remains a solid choice for users whose primary need is low-cost fiat currency management and international money transfers.
dot
International spending
dot
Cashback
dot
Salary match
Reserve your card

FAQs

Krak Card charges no FX fees on card payments and no Kraken ATM withdrawal fees, making it a cost-effective companion for travel. With additional benefits of Krak Concierge, the Krak Card is more rewarding for frequent travellers.

Yes. Both cards support Apple Pay and Google Pay, so you can tap to pay in-store and online across the UK. The Krak Card also comes in a virtual format that is ready to use within minutes of signing up.

Yes. Both the Krak app and the Wise app let you freeze and unfreeze your card instantly. You can also manage spending limits, check transaction history and order a replacement directly from either app.

Free your money.
Get Krak.

Scan to apply for your card

Get the app
X
Instagram
X
X
Krak phone


Not investment advice. Crypto trading involves risk of loss. Krak Card is issued by Monavate Limited, authorised by the FCA to issue electronic money and payment services (FRN: 901097). Payward Services Limited is authorised by the FCA to carry on electronic money activities and payment services under the E-Money Regulations 2011 (FRN: 1010381). Cryptoasset exchange and custody services are offered by Payward Ltd, registered as a cryptoasset firm with the FCA (FRN: 928768). These services are unregulated and not covered by the Financial Services Compensation Scheme. Cryptoasset values can go down as well as up and gains may be subject to Capital Gains Tax. This content is for general information only and is not investment advice or a recommendation to buy, sell, stake or hold any cryptoasset.
1 Rate depends on average assets held with Krak, Kraken and Kraken Pro. apply. See for more info.
2Eligible clients in the UK only. T&Cs apply. Min. cumulative transfer(s) of £2,500 (max 4 payments) from employer payroll; exclusions apply. Rewards credited monthly as determined by Krak; max £250/month. 1% promotional rate not guaranteed; applies until 01/05/26, then depends on average assets held with Krak, Kraken and Kraken Pro. Kraken may amend, suspend, or end the promotion. Tax may apply. E-money services are not protected under the Financial Services Compensation Scheme. Reward value may fluctuate if held or converted into other assets.
3A variable spread applies when spending across assets. Third-party ATM fees may apply.
4Krak: Based on calculations from across currency pairs (25 March 2026). Rate varies depending on currencies and time.
5Geo restrictions apply. Krak Concierge processes bookings via Entravel Holdings Ltd. (“EH”). Krak is not a travel agent and the merchant of record for bookings. Prices, taxes and fees are set by the provider. Cancellations/refunds follow the hotel and/or EH policy. Instant buy/sell fees apply and are shown when converting one asset or currency before making a transfer. See our fee schedule for details. Krak may receive a commission from EH on completed stays.