Nº 10 Free travel tier

Wirex One review

The oldest name in crypto cards, rebuilt in 2026 as a self-custodial stablecoin app with no FX markup. Every reward, though, is locked behind Wirex's own WPAY token.

Wirex launched one of the first crypto debit cards in 2015. In May 2026 it relaunched as Wirex One: a Visa card on a non-custodial wallet, with multi-currency IBANs, stablecoin savings and no subscription. The legacy app's crypto services, including the old WXT Cryptoback, ended in the EEA on June 30, 2026. Wirex One is offered in the EEA, the UK and well beyond, and charges no FX fee in more than 150 countries.

The tiers

There is no fee for any tier. Instead, each one needs a minimum balance and a minimum share of that balance held in WPAY, Wirex's token:

From Premium up you also get 50% back on popular subscriptions, cheaper crypto trading and a higher yield on savings; Private and Bespoke add airport lounges.

The redemption rule

This is what decides what the card is worth. Cashback, subscription rebates and every other reward go into one rewards balance, and Wirex lets you redeem from it $7 a month for every $100 of WPAY you hold. Whatever you can't redeem rolls forward. The rule covers every tier, Base included: with no WPAY, the free 0.5% builds up but you cannot take any of it out. That is why our calculator, which counts what you keep without buying a token, scores Wirex at zero.

A worked example

Take €1,500 a month. On Base, 0.5% is about €7.50, or $8.50, a month; to redeem it you would need about $120 of WPAY. Here is what each tier earns at that spending, and how much WPAY it takes to redeem it all:

On paper Elite and above beat every card we track. In practice the rewards are paid for with exposure to a single exchange token: a Private user holds at least $1,250 of WPAY, and if WPAY falls by a third, that is about €370 gone, five months of the tier's cashback. Wirex adds no FX markup on any tier, so the figures are the same in Germany and Romania. For comparison, Bleap keeps €180 a year and OKX €342 with no token at all.

Other costs

Wirex's fee page lists free card issuance, and there is no subscription. Bank top-ups by SEPA or Faster Payments are free; a plastic card costs €5 to post in the EEA, or €15 by DHL Express. ATM withdrawals above your tier's allowance cost 2%.

Licensing: in the EEA the Wirex One Visa is issued by Transact Payments Malta Limited, an e-money institution regulated by the Malta Financial Services Authority, with UAB Wirex in Lithuania running the card programme. The self-custodial wallet is, in Wirex's own terms, not a regulated service and sits outside compensation and ombudsman schemes. Wirex names no MiCA authorisation of its own for EEA crypto services; its Italian entity said it would apply for one by the end of 2025.

Who it's for: travellers who want a free self-custodial card with no FX markup and multi-currency IBANs, and people who already want WPAY exposure. If you want cashback without buying a token, Bleap pays 1% and OKX 2%.