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Airwallex pricing, price hikes and cheaper alternatives

Airwallex (airwallex.com) is a business bank account. A free Explore tier, Grow at $12 per active user a month plus a platform fee, and custom-priced Accelerate; FX markups and SWIFT fees are charged per transaction on every plan.. Free plan: Explore: $0/month for up to 10 Spend users; domestic USD and CAD transfers free; no balance or deposit requirement shown..

What Airwallex costs

  • 1 person: free (Explore: $0 plan fee; 1 Spend user is inside the 10 free; 20 outgoing and 6 incoming domestic transfers at $0 each; no card fee or balance waiver shown. Total $0. Grow would cost $12 plus a platform fee, so it is not the cheapest.)
  • 5 users: free (Explore: 5 Spend users are inside the 10 free, so $0 plan fee; its multi-layer transfer approval flows meet the owner-approval rule; 80 domestic transfers at $0. Individual logins and cards are implied by Spend users but not stated outright. Total $0.)
  • $10k abroad: $50/mo (Explore $0 plan + 5 batch payouts to Germany at $0 (the page lists free batch transfers to 120+ countries, and no separate local-transfer fee is stated) + 0.5% USD to EUR markup over interbank on $10,000 = $50. Over SWIFT instead, 5 x $15 to $25 would add $75 to $125, so the local route is used. The markup is over interbank, close to mid-market.)

Plan compared: Explore (free plan), 1 Spend user: $0 monthly, domestic transfers free. The page shows no annual prices, so monthly is t. Prices are the monthly plan or account fee plus the transfer fees each scenario runs up, in USD on monthly billing (annual-only plans divided by 12, local-currency prices converted at the current rate, before VAT). Interest earned, one-off setup fees and ATM, cash and card-replacement fees are left out; exchange-rate costs count only in the international-payments scenario.

What Airwallex does

Core: Business bank account, Multi-currency balances, International vendor payments.

Important: Company cards, Users, roles & approvals, Bills & accounts payable (partly), Invoices & online payment, Card payment acceptance, Accounting software sync, Expense reimbursement (partly), Banking API, Non-resident & multi-country onboarding.

Also has: Sub-accounts & pockets (partly), Interest & treasury (partly), Simple bookkeeping & tax (partly), AI finance features (partly), Multiple legal entities.

Airwallex price hikes

Alternatives to Airwallex

Airwallex is the cheapest business bank account we track at a one-person business. The others:

Airwallex alternatives: 2 business bank accounts compared, at every size.

Other kinds of products that cover part of Airwallex

  • Brex (Expenses & spend): covers 63% of Airwallex; missing or partial: Multi-currency balances, International vendor payments (partly), Invoices & online payment, Card payment acceptance, Banking API (partly)
  • Ramp (Expenses & spend): covers 63% of Airwallex; missing or partial: Multi-currency balances, International vendor payments (partly), Invoices & online payment, Card payment acceptance, Banking API (partly)
  • QuickBooks Online (Accounting): covers 58% of Airwallex; missing or partial: Multi-currency balances, International vendor payments, Company cards (partly), Accounting software sync (partly), Banking API (partly)
  • Shopify (E-commerce platforms): covers 48% of Airwallex; missing or partial: Multi-currency balances, International vendor payments, Company cards (partly), Users, roles & approvals (partly), Bills & accounts payable
  • Square (Payments & merchant of record): covers 48% of Airwallex; missing or partial: Business bank account (partly), Multi-currency balances, International vendor payments, Company cards (partly), Users, roles & approvals (partly)
  • Xero (Accounting): covers 31% of Airwallex; missing or partial: Business bank account, Multi-currency balances, International vendor payments (partly), Company cards, Users, roles & approvals
  • BILL Accounts Payable (Expenses & spend): covers 30% of Airwallex; missing or partial: Business bank account (partly), Multi-currency balances, International vendor payments (partly), Company cards, Users, roles & approvals

Every change we logged

  • Mar 2026 · Repriced: Grow went from a flat $99 a month to $12 per active Spend user a month plus a platform fee the page does not quantify. Before that fee it is cheaper up to 8 users (8 x $12 = $96) and costlier from 9 users (9 x $12 = $108).
  • Aug 2025 · Price increase: The Accelerate plan's stated minimum went from $499 to $999 a month, about 100% more. The exact month is not shown: the 6 Jul 2025 capture still listed $499 and the 5 Oct 2025 capture lists $999, so 2025-08 is a midpoint estimate.

Sources

Pricing page: airwallex.com/us/pricing. Prices last checked Oct 16, 2026. Explore's free tier, free domestic transfers, and the SWIFT and FX terms come from Airwallex's US pricing page; its linked fee schedule was not read. Change dates come from PricingSaaS, whose dates are approximate, and interest-rate changes are left out because interest is outside the yardstick.