[fookyong]

I and most people in my circle of friends use Transferwise on a daily basis, multiple times a day. It has replaced our "traditional" bank cards.

FWIW, I totally understand the bigger picture goals they describe in this post and I wish them every success.

[kiwijamo]

Funnily enough it costs more in fees for me to use Wise as my daily account so I've kept my traditional bank cards! I do suspect it varies by country. I'm fortunate in New Zealand that banks generally offer fee-free accounts with reasonable terms and conditions.

[aikinai]

Honest question, what do you do with it multiple times a day? You use it as your regular bank and a debit card or something?

[fookyong]

I use it for everything from:

- daily spending on goods and services - electronic transfers to ewallets* - any time someone needs to send me money, I use transferwise virtual account details so from their end it seems like a domestic transfer - I even bought a motorcycle using Transferwise to do a local bank transfer. Tried it with my regular (foreign) bank first and it failed, tried it with Transferwise and it worked fine.

*my traditional bank doesn't support this. They only know how to deposit to a domestic ewallet, Transferwise can do deposits in ewallets internationally

[doctorfoo]

I use it as my primary spending debit card. I travel a lot, use it in random ATMs and I keep it topped up just enough that I wouldn't be devastated if the account contents were stolen. Also use the money transfer side monthly to pay rent in a foreign country.