Updated October 18, 2026 · SumCue Editorial Team
Airwallex vs American Express DE
Airwallex
Higher score in this comparison
American Express DE
Where Airwallex and American Express DE differ
| Compare | AirwallexReviewVisitVisit | American Express DEReviewVisitVisit |
|---|---|---|
| Currency conversion fee | 0.5%Lower | 2% |
| Annual fee | Not confirmed | €0 to €720 |
| Rewards type | Not confirmed | Points |
| Card kind | Not confirmed | Charge |
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Key differences
- Airwallex scores higher overall: 9.0 vs 8.5.
- Currency conversion fee is lower at Airwallex: 0.5% vs 2%.
- Features: only Airwallex offers Multi currency, Virtual card, Travel.
- Features: only American Express DE offers Rewards.
Our verdict on each
Airwallex
Airwallex suits businesses that collect and pay in several currencies and want a card on the same balance. The account is a easy access one with a monthly fee of £0, and spare cash earns 2.18% to 3.83% while a debit card handles day to day spend.
American Express DE
American Express Germany offers several credit cards with different benefits.
Score breakdown
| Area | Airwallex | American Express DE |
|---|---|---|
| Cost | 9.2HigherA monthly fee of £0 leads the field, but the conversion fee of 0.5% sits well above Wise. | 9.0 |
| Offer | 9.4Covers 20 currencies with a yield rate of 2.18% to 3.83% and help centre, phone and chat support. | Not confirmed |
| Trust | 8.5 | Not confirmed |
Every fact side by side
| Fact | Airwallex | American Express DE |
|---|---|---|
| Pricing model | Not confirmed | No annual fee |
| Features | Multi currency, Virtual card, Travel | Rewards |
| Audience | Business | Not confirmed |
| Legal entity | Airwallex (Singapore) Pte. Ltd. | Not confirmed |
| Headquarters | Singapore | Not confirmed |
| Founded | 2015 | Not confirmed |
| Support channels | Help centre, Phone, Chat | Not confirmed |
Savings
| Fact | Airwallex | American Express DE |
|---|---|---|
| Headline rate | 2.18% to 3.83% | Not confirmed |
| Rate type | Variable | Not confirmed |
| Minimum deposit | HK$0 | Not confirmed |
| Deposit protection | FSCS up to GBP 85,000 | Not confirmed |
| Access terms | Airwallex Yield: no lock-up, no minimum balance, daily returns, funds settle to and from Yield balances within 2 business days | Not confirmed |
| Monthly fee | £0 | Not confirmed |
| Account kind | Easy access | Not confirmed |
Where each stands against the rest
| Fact | Airwallex | American Express DE | Median |
|---|---|---|---|
| Annual fee | Not confirmed | €0 to €720at the median | €0 |
| Currency conversion fee | 0.5%below the median | 2%above the median | 1% |
Median across 314 listed providers.
Pros and cons
Airwallex
Pros
- A monthly fee of £0 on the business account, with a conversion fee of 0.5% on currency changes.
- The yield balance is easy access, takes a minimum deposit of HKD 0 and pays 2.18% to 3.83% on a variable rate.
- A debit card on the visa network, plus virtual cards, with access to 20 currencies.
Cons
- The conversion fee of 0.5% is well above Wise at 0.1%, which puts Airwallex at 116 of 258 on that measure.
- The account is for business users, so personal savers have no product to open.
- Money settles to and from the yield balance within a short settlement window, which can hold up a same-day supplier payment.
American Express DE
Pros
- American Express Germany offers several credit cards with different benefits.
- Fees also vary by card, so the captured overview does not support a single fee or benefit description for the whole range.
Who each suits
Airwallex
Who it suits
- Companies paid in several currencies, since the account holds 20.
- Firms that want a debit card and virtual cards for staff spending and subscriptions.
- Businesses parking spare cash in a easy access yield balance paying 2.18% to 3.83%.
Who should look elsewhere
- Anyone whose main spend is currency conversion, because Wise charges 0.1% against 0.5% here.
- Personal savers, since the account is for business use and bunq offers a personal plan at €0 a month.
- Borrowers rather than spenders, since Varo Believe Secured Credit Card is a credit card with a monthly fee of $0.
American Express DE
Who it suits
- German applicants comparing American Express card options and costs
Country by country
| Country | Airwallex | American Express DE |
|---|---|---|
| Australia | Yes | No |
| Canada | Yes | No |
| China | Yes | No |
| France | Yes | No |
| Germany | Yes | No |
| Hong Kong | Yes | No |
| Israel | Yes | No |
| Japan | Yes | No |
8 of 17 countries where either is available.
Questions about each
Airwallex
What does it cost to keep an Airwallex account?+
The business account carries a monthly fee of £0. Converting money costs 0.5%, which is the main charge to watch, and card spending earns cashback of 2%. The yield balance takes a minimum deposit of HKD 0.
Is my money protected?+
Deposit protection is FSCS up to GBP 85,000. The group also appears on the registers of the Monetary Authority of Singapore and De Nederlandsche Bank, and the legal entity named in the records is Airwallex (Singapore) Pte. Ltd..
How much do I earn on money left in the account?+
Idle balances placed in the yield account earn 2.18% to 3.83% on a variable basis, so the figure can move rather than staying fixed. The account is easy access and takes a minimum deposit of HKD 0, so small sums can be added from the start.
Can I get at my money quickly?+
The yield balance has no lock-up, so funds are not trapped for a set term. Money does move to and from the yield balance within a short settlement window, which matters if you need to pay a supplier on the same day. Keeping working money in the main account avoids that wait.