Updated September 29, 2026 · SumCue Editorial Team
Nexo vs Wirex
Nexo
Wirex
Higher score in this comparison
Nexo vs Wirex: the differences
| Compare | NexoReviewVisitVisit | WirexReviewVisitVisit |
|---|---|---|
| Monthly fee | €0 | $0 |
| Currency conversion fee | 0.2% to 2.5% | 0%Lower |
| Cashback rate | 0.1% to 2% | 0.5% to 8%Higher |
| Card network | Mastercard | Visa |
| Currencies | 100 | 150Higher |
| Custody | Custodial | Self custody |
| Free ATM withdrawals | €200 to €2,000 | Not confirmed |
Same on both: Card type (Debit).
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Key differences
- Wirex scores higher overall: 9.1 vs 8.9.
- Founded is lower at Wirex: 2014 vs 2018.
- Nexo is licensed in 5 more countries.
- Currency conversion fee is lower at Wirex: 0% vs 0.2% to 2.5%.
- Cashback rate is higher at Wirex: 0.5% to 8% vs 0.1% to 2%.
- Currencies is higher at Wirex: 150 vs 100.
- Support channels: only Nexo offers Chat, Email.
- Support channels: only Wirex offers Community.
- Features: only Nexo offers Custodial.
Our verdict on each
Nexo
Nexo suits businesses and crypto users who want a multi-currency card, with monthly and annual card fees of €0 and €0. The trade-off is tier-based cashback, foreign exchange costs, and custodial holding of supported crypto.
Wirex
Wirex suits travellers and crypto spenders who want a Visa debit card with cashback and multi-currency spend linked to a mobile wallet. Monthly fee sits at $0 with currency conversion at 0%, while cover comes through Superintendency of the Financial System oversight in daily use.
Score breakdown
| Area | Nexo | Wirex |
|---|---|---|
| Cost | 9.2Monthly and annual card fees are €0 and €0, while foreign exchange costs are 0.2% to 2.5%. | 9.5HigherMonthly fee at $0 and conversion at 0% keep everyday spend light |
| Offer | 9.2The card supports crypto cashback, multi-currency use, virtual cards, travel, Apple Pay and Google Pay. | 9.4HigherCashback at Up to 8% cashback with support across 150 adds breadth |
| Trust | 8.3 | 8.5HigherOversight by Superintendency of the Financial System frames custody and card use for holders |
Where each is licensed and available
| Country | Nexo | Wirex |
|---|---|---|
| Argentina | Not confirmed | |
| Australia | AUSTRAC (Australia) DCE100843695-001 | Not confirmed |
| El Salvador | Not confirmed | |
| Hong Kong | Companies Registry (Hong Kong) TC007556 | Not confirmed |
| Poland | Ministry of Finance (Poland) RDWW-533 | Not confirmed |
| Seychelles | Not confirmed | |
| United States | Not confirmed |
From lowest to highest
| Fact | Nexo | Wirex |
|---|---|---|
| Cashback rate | 0.1% to 2% | 0.5% to 8% |
Where they rank in our lists
| Ranking | Nexo | Wirex |
|---|---|---|
| Credit and debit cards | 10 of 1594 | 30 of 1594 |
| Credit cards | 2 of 421 | 11 of 421 |
| Debit cards | 8 of 826 | 24 of 826 |
| Crypto | 187 of 428 | 25 of 428 |
| Crypto wallets | 4 of 249 | 17 of 249 |
What we checked
Nexo
- nexo.com: 13 facts, checked September 26, 2026
Wirex
- wirexapp.com: 10 facts, checked September 28, 2026
- help.wirexapp.com: 2 facts, checked September 28, 2026
Every fact side by side
| Fact | Nexo | Wirex |
|---|---|---|
| Features | Multi currency, Crypto, Virtual card, Custodial, TravelCovers more | Crypto, Multi currency, Travel, Virtual card |
| Audience | Business | Not confirmed |
| Legal entity | DiPocket UAB | Wirex Europe sp z.o.o. |
| Headquarters | Not confirmed | United Kingdom |
| Founded | 2018 | 2014Lower |
| Support channels | Chat, Email, Help centre | Community, Help centre |
Credit cards
| Fact | Nexo | Wirex |
|---|---|---|
| Annual fee | €0 | $0 |
| APR | from 1.9% | Not confirmed |
| Rewards type | Cashback | Cashback |
| Pricing model | No annual fee | No annual fee |
| Rewards rate | Up to 2% crypto cashback in NEXO Tokens, or 0.5% in BTC at Platinum tier, on purchases in Credit Mode | Up to 8% cashback |
| Perks | Free ATM withdrawals up to EUR 2,000 / GBP 1,800 per month at Platinum tier, then 2% fee (min EUR/GBP 1.99), Apple Pay and Google Pay supported, Interest earned on unspent funds (Nexo Loyalty Program, up to 13% per year), Accepted at over 100 million merchants globally, Virtual card activated instantly with 50 USD balance; free shipping for physical card above 5,000 USD balance at Gold tier or higher, No monthly, annual or inactivity card fees | 50% off subscriptions |
| Cashback rate | 0.5% to 2% | Not confirmed |
| Card kind | Credit | Not confirmed |
| Regulators | Not confirmed | Superintendency of the Financial System |
Crypto wallets
| Fact | Nexo | Wirex |
|---|---|---|
| Wallet type | Mobile | Mobile |
| Price | Not confirmed | $0 |
| Coins supported | 100Higher | 40 |
Crypto exchanges
| Fact | Nexo | Wirex |
|---|---|---|
| Fiat deposit methods | Not confirmed | Card, Bank, SEPA, ACH |
| Withdrawal fee | Not confirmed | Variable network fees |
| Exchange type | Not confirmed | Cex |
Where each stands against the rest
| Fact | Nexo | Wirex | Median |
|---|---|---|---|
| Currency conversion fee | 0.2% to 2.5%below the median | 0%below the median | 1 |
| Free ATM withdrawals | €200 to €2,000highest quarter | Not confirmed | €4 |
| Cashback rate | 0.1% to 2%at the median | 0.5% to 8%highest quarter | 2 |
| Currencies | 100highest quarter | 150highest quarter | 8 |
Median across 336 listed providers.
Pros and cons
Nexo
Pros
- No monthly or annual card fees: €0 and €0.
- Crypto cashback is available in NEXO Tokens or BTC at Platinum tier in Credit Mode.
- Multi-currency use, virtual cards, travel, Apple Pay and Google Pay are supported.
Cons
- Foreign exchange costs are 0.2% to 2.5%, which may add to overseas spending.
- Supported crypto is held in custodial custody under custodial.
- Cashback and ATM terms depend on card tiers, so lower tiers receive less favourable benefits.
Wirex
Pros
- Monthly upkeep stays at $0 with no annual charge at $0
- Foreign spend carries 0% conversion on the Visa network Visa
- Cashback rewards of Up to 8% cashback plus perks covering 50% off subscriptions
Cons
- Support runs on community and help centre only
- Crypto withdrawals face Variable network fees, which can vary with network conditions
Who each suits
Nexo
Who it suits
- Businesses seeking a multi-currency card with no monthly or annual card fees.
- Crypto users comfortable with crypto cashback and custodial custody.
- Travellers who want Mastercard, virtual-card, Apple Pay and Google Pay support.
Who should look elsewhere
- bunq may suit readers whose stated foreign exchange fee range is 0.5% to 3%.
- Varo Believe Secured Credit Card may suit readers focused on a card with a stated monthly fee of $0.
- Wise may suit readers looking for a different everyday money platform, with a stated monthly fee of £0.
Wirex
Who it suits
- Travellers spending across currencies who want Visa acceptance
- Crypto holders wanting mobile access with card spend
Who should look elsewhere
- Card shoppers wanting wider coin coverage may prefer Bitpanda for a different asset range
- Users wanting voice based service may prefer eToro for a different support setup
Country by country
| Country | Nexo | Wirex |
|---|---|---|
| Argentina | Yes | No |
| Australia | Yes | No |
| Austria | Yes | No |
| Belgium | Yes | No |
| Bulgaria | Yes | No |
| Croatia | Yes | No |
| Cyprus | Yes | No |
| Czechia | Yes | No |
8 of 36 countries where either is available.
Questions about each
Nexo
What are the Nexo card fees?+
Nexo lists a monthly card fee of €0 and an annual card fee of €0. Its published perks also state that there are no monthly, annual or inactivity card fees.
What is the currency conversion fee?+
Foreign exchange fees are 0.2% to 2.5%. The exact amount can therefore vary, so overseas purchases and ATM withdrawals may cost more than transactions made in the card's base currency.
Wirex
What does the Wirex card cost each month?+
Monthly upkeep sits at $0 and annual upkeep sits at $0. You can hold and spend through the linked account without a standing charge for the card itself, which helps budgeting across travel and daily shopping.
Does Wirex charge for currency conversion?+
Currency conversion on card use sits at 0%. You can spend abroad and across currencies without an added exchange markup on the card, which keeps travel purchases and online orders in other currencies easier to plan.