Cryptocurrency Q&A Do wise and Revolut use different exchange rates?

Do wise and Revolut use different exchange rates?

Raffaele Raffaele Fri Feb 21 2025 | 7 answers 1303
I am wondering if the exchange rates used by Wise and Revolut are different. I need to know this because I am considering using one of them for my international transactions. Do wise and Revolut use different exchange rates?

7 answers

TaekwondoMaster TaekwondoMaster Sun Feb 23 2025
Wise and Revolut employ distinct exchange rates for currency conversions on their respective platforms.

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Ilaria Ilaria Sun Feb 23 2025
When users convert one currency to another on Wise, they are provided with a "mid-market" rate.

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Maria Maria Sun Feb 23 2025
This mid-market rate is claimed to be similar to the exchange rate displayed in a quick Google search.

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Elena Elena Sun Feb 23 2025
Unlike Wise, Revolut does not necessarily utilize the mid-market rate for its currency conversions.

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Giuseppe Giuseppe Sat Feb 22 2025
Both Wise and Revolut offer convenient services for currency exchange, but their rates differ.

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