Wise vs Revolut for Freelancers in 2025: Which Is Better for Global Payments?
Managing international payments has never been easier — but choosing between Wise and Revolut can still be confusing. Both platforms provide multi-currency accounts, cards, and low-cost transfers, yet they cater to different types of freelancers.
In this 2025 comparison, we’ll break down the key differences to help you decide which one suits your freelance business best.
1. Account Setup and Accessibility
Wise is available in 170+ countries and provides local bank details in up to 10 major currencies (USD, EUR, GBP, AUD, etc.). Registration is fast, and verification is typically completed within 24 hours.
Revolut, while more limited geographically, supports the UK, EEA, the US, and a few other markets — offering strong integration with mobile-first banking tools.
2. Multi-Currency Accounts
Both platforms let you hold, convert, and send money in multiple currencies — ideal for freelancers with global clients.
Wise allows you to receive funds with local account numbers, while Revolut focuses on spending and exchange rather than receiving direct client payments.
| Feature | Wise | Revolut |
|---|---|---|
| Local account details | Yes (USD, EUR, GBP, AUD, etc.) | Limited (mainly EUR, GBP, USD) |
| Currency exchange | Mid-market rate + 0.35–0.7% fee | Interbank rate within monthly limit, then markup |
| Business accounts | Yes, with integrations (Xero, QuickBooks) | Yes, with invoicing and team tools |
| Physical & virtual cards | Available globally | Available in supported countries |
3. Fees and Exchange Rates
When it comes to transparency, Wise leads. Its fees are clear and based on real-time mid-market exchange rates.
Revolut offers free monthly limits for conversions, but once you exceed them, extra markup applies.
Freelancers dealing with recurring large payments often find Wise cheaper in the long run.
4. Transfers and Withdrawals
Wise allows direct bank transfers to 70+ countries, usually arriving within 1–2 business days.
Revolut excels in peer-to-peer speed — instant transfers within its ecosystem — but cross-border withdrawals can take longer.
5. Cards and Spending
Both Wise and Revolut offer multi-currency debit cards.
The Wise card automatically picks the right balance currency, avoiding FX fees whenever possible.
Revolut cards are better for lifestyle use, providing perks, cashback, and spending insights — great for traveling freelancers.
6. Integrations and Tools
- Wise integrates with accounting tools (Xero, QuickBooks, FreshBooks).
- Revolut offers in-app invoicing, analytics, and team management.
7. Which Is Better for Freelancers?
If your priority is getting paid by international clients with minimal FX loss, go with Wise.
If you want an all-in-one solution for managing expenses, subscriptions, and card-based payments — Revolut may be more convenient.
8. Recommended Combo Setup
Many freelancers in 2025 use both platforms:
receive payments through Payoneer or Wise, then manage expenses via Revolut.
This hybrid approach provides flexibility, transparency, and minimal costs.
Conclusion
Both Wise and Revolut are strong financial tools — but they solve slightly different problems.
Wise wins for transparent transfers and global client payments, while Revolut is great for managing personal and business spending.
Combining them can help freelancers streamline global income and payments effectively in 2025.
Disclosure: This article includes affiliate links. We may earn a small commission if you sign up via our Wise or Payoneer links, at no extra cost to you.
You might also enjoy our related article: Payoneer vs Wise for Freelancers in 2025 — a deep dive into their real transaction costs. [Insert internal link here]
