Is this the same as European Wise Interest funds?
No. The US program places eligible balances with a program bank under local terms, rather than using the European investment-fund product.
United States · Wise Interest
Wise Interest vs savings
Compare the local Wise balance-interest program with a savings account by currency, net interest, access and the conditions of deposit coverage.
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Compare the options
Other options to compare: Ally Bank. Compare your own plan and eligibility; this is not a price ranking.
| What to compare | Wise Interest | Savings alternatives |
|---|---|---|
| Program and protection | Eligible balances at a program bank may qualify for pass-through FDIC insurance, subject to conditions. Wise is not a bank. | Check deposit eligibility and the coverage limits across accounts at the same institution. |
| Rate and fees | Rates vary by currency; check the current local program terms. | Compare net interest, promotional conditions and account fees. |
| Currencies | USD, GBP and EUR for eligible customers. Conversion can add fees and exchange-rate risk. | Compare the same currency and balance. |
| Access and tax | Normal account use remains available under program and transaction terms. Check how interest is paid and reported. | Compare withdrawal restrictions and tax treatment for your circumstances. |
Before you choose
Check eligibility
US eligibility and tax information are required. The program is currently unavailable in New York and Alaska.
Opt in
Interest requires activation under the local program terms. Check the currencies and balances enrolled in your account.
Compare protection
Eligible balances at a program bank may qualify for pass-through FDIC insurance, subject to conditions. Wise is not a bank.
Ready for the next step?
Check eligibility and current terms on Wise before choosing.
Related guides
Frequently asked questions
Which currencies can earn interest?
Eligible US customers can opt in for USD, GBP and EUR balances. The program is currently unavailable in New York and Alaska.
Are the rates fixed?
No. Rates are variable. Check the current local terms, payment rules and tax treatment.
Is every Wise balance automatically insured?
Eligible balances at a program bank may qualify for pass-through FDIC insurance, subject to conditions. Wise is not a bank. Coverage depends on the program, the balance and applicable eligibility and aggregation rules.