Wise charges $0.6 per transfer while Revolut charges $0 flat fee. However, the total cost depends on exchange rate markup as much as the nominal fee.
- 1. Side-by-Side
- 2. Fee Comparison
- 3. Exchange Rates
- 4. Our Verdict
- 5. FAQs
Wise vs Revolut: Quick Comparison
| Feature | Wise | Revolut |
|---|---|---|
| Transfer Fee | $0.6 | $0 |
| Exchange Rate | Mid-market | Mid-market (limited) |
| Transfer Speed | 1-2 days | 1-2 days |
| User Rating | ⭐⭐⭐⭐ 4.8/5 | ⭐⭐⭐⭐ 4.5/5 |
| Best Feature | Multi-currency account, debit card | Banking app with transfers |
| For $1,000 to India | ₹83,449 received | ₹83,500 received |
Fee Comparison: Wise vs Revolut
Wise charges $0.6 per transfer while Revolut charges $0 flat fee. However, the total cost depends on exchange rate markup as much as the nominal fee.
Exchange Rate Comparison
Transfer money internationally with real mid-market rates and low fees. Trusted by 16M+ customers.
Send Money with Wise →
Wise uses Mid-market exchange rates. Revolut uses Mid-market (limited). For USD to INR transfers, exchange rate quality matters more than the nominal transfer fee — a 1% rate difference on $1,000 is $8–10.
Our Verdict: Wise vs Revolut
🏆 Winner: Wise
Wise wins overall due to better exchange rates and user satisfaction (4.8/5 rating). However, Revolut may be better if you need 1-2 days delivery speed.
- Choose Wise if: Multi-currency account, debit card
- Choose Revolut if: Banking app with transfers
- Consider Wise as an alternative for mid-market rate transfers with no hidden fees
Frequently Asked Questions
Common questions about wise vs revolut for india transfers
Which is cheaper: Wise or Revolut for sending money to India?
For a $1,000 USD to INR transfer, Wise delivers approximately ₹83,449 while Revolut delivers ₹83,500. Revolut delivers more to the recipient at this amount.
Is Wise or Revolut faster for India transfers?
Wise takes 1-2 days while Revolut takes 1-2 days. If speed is the priority, Revolut is faster for urgent transfers to India.
Which has better exchange rates: Wise or Revolut?
Wise offers Mid-market rates while Revolut offers Mid-market (limited) rates. Mid-market rate services like Wise (0% markup) are typically the gold standard — both Wise and Revolut may have slight markups that add up on larger transfers.
Can I use both Wise and Revolut to send money to India?
Yes! Many experienced senders use different services for different purposes — e.g., Revolut for urgent transfers and Wise for regular monthly remittances. Compare rates before each transfer as both services run promotions that can flip the savings equation.
What is the minimum transfer amount for Wise and Revolut?
Both Wise and Revolut typically have minimum transfers of $1–10. There's no maximum transfer limit for verified accounts, though larger transfers (above $10,000) may require additional KYC documentation and compliance checks.