Multi-Currency Interest Features

Wise Debuts New Interest Feature for Canadian Customers

Wise has introduced a first-of-its-kind multi-currency Interest feature for customers in Canada. This move will allow eligible users to earn market-leading returns on balances held in Canadian dollars, US dollars, Euros, and British pounds, all within a single Wise multi-currency account without needing to open separate accounts with different financial providers for each currency.

Once opted into the multi-currency Interest feature, customers continue to hold, spend, send, and convert their money internationally from those balances with no penalties, no minimum balance requirements, and no lock-up periods. The rates individuals can earn as part of this feature include 2.22% on Canadian dollar balances, 3.14% on US dollar balances, 0.8% on Euro balances, an 2.21% on British pound balances. The feature can be activated in just a few taps within the Wise app, and it builds on the company's growing momentum in Canada, where its active customer base grew by more than 30%  in fiscal year 2025. This growth is supported by Wise becoming a member of Payments Canada to gain direct access to local payment infrastructure for faster and cheaper money movement.

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