Wise Business pricing, price hikes and cheaper alternatives
Wise Business (wise.com) is a business bank account. No monthly plan: a one-time $31 setup fee, then per-transaction fees (flat USD payout fees, % conversion fees at the mid-market rate).. No free plan.
What Wise Business costs
- 1 person: $22.60/mo (No monthly fee; incoming domestic USD (ACH) free; 20 USD domestic payouts x $1.13 = $22.60. First card free, no card subscription. One-time $31 setup fee ignored.)
- 5 users: $67.80/mo (60 USD domestic payouts x $1.13 = $67.80; no per-user or monthly fees. Team cards $5 one-time each (ignored as one-off). Team access with custom permissions; payment approval control assumed from team access, not re-verified this run.)
- $10k abroad: $54.15/mo (Solo $22.60 + 5 x $6.31 (USD balance to EUR bank account, $2,000 each: 0.29% fee ~$5.78 + $0.53 flat, mid-market rate, from Wise price API 2026-10-17) = $31.55; total $54.15.)
Plan compared: Wise Business (single pay-as-you-go account). 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 Wise Business does
Core: Multi-currency balances, International vendor payments.
Important: Business bank account (partly), Company cards, Users, roles & approvals (partly), Interest & treasury, Accounting software sync (partly), Non-resident & multi-country onboarding.
Also has: Sub-accounts & pockets (partly), Extended deposit protection (partly), Bills & accounts payable (partly), Invoices & online payment (partly), Card payment acceptance (partly), Banking API, Multiple legal entities (partly).
Wise Business price hikes
No price hikes on record for Wise Business.
Cheaper alternatives to Wise Business
At a one-person business, Wise Business costs $22.60/mo. 2 business bank accounts cost less:
- Mercury: free (Mercury (free)), covers 74% of Wise Business; missing or partial: Multi-currency balances, International vendor payments (partly), Interest & treasury (partly), Non-resident & multi-country onboarding (partly)
- Airwallex: free (Explore (free plan), 1 Spend user: $0 monthly, domestic transfers free. The page shows no annual prices, so monthly is t), covers 92% of Wise Business; missing or partial: Interest & treasury (partly), Extended deposit protection
Wise Business alternatives: 2 business bank accounts compared, at every size.
Other kinds of products that cover part of Wise Business
- Brex (Expenses & spend): covers 64% of Wise Business; missing or partial: Multi-currency balances, International vendor payments (partly), Non-resident & multi-country onboarding, Invoices & online payment, Card payment acceptance
- Shopify (E-commerce platforms): covers 62% of Wise Business; missing or partial: Multi-currency balances, International vendor payments, Company cards (partly), Non-resident & multi-country onboarding (partly), Bills & accounts payable
- Ramp (Expenses & spend): covers 56% of Wise Business; missing or partial: Multi-currency balances, International vendor payments (partly), Interest & treasury (partly), Non-resident & multi-country onboarding (partly), Sub-accounts & pockets
- Square (Payments & merchant of record): covers 54% of Wise Business; missing or partial: Multi-currency balances, International vendor payments, Company cards (partly), Interest & treasury (partly), Non-resident & multi-country onboarding (partly)
- QuickBooks Online (Accounting): covers 46% of Wise Business; missing or partial: Multi-currency balances, International vendor payments, Company cards (partly), Interest & treasury, Non-resident & multi-country onboarding
- BILL Accounts Payable (Expenses & spend): covers 34% of Wise Business; missing or partial: Multi-currency balances, International vendor payments (partly), Company cards, Users, roles & approvals, Interest & treasury
Sources
Pricing page: wise.com/us/pricing/business. Prices last checked Oct 16, 2026. Fees from the Wise US business pricing and card-fee pages plus Wise's public price API (balance payouts, business profile). No PricingSaaS page and the price-increase web search could not be run (search budget exhausted), so no history of changes was checked; approval workflow for team5 not re-verified.