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Wallester review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Wallester suits businesses that want a euro card with no fee for holding it. Annual fee is €0 and the monthly fee is €0, so company spend starts cheap. The trade-off is that a debit card with no rewards leaves everyday banking users short.

Key facts

Best for
Businesses paying suppliers abroad that want multi-currency and virtual cards with no holding fee.
Annual fee
€0↗
Rewards type
None↗
Card kind
Credit↗
Legal entity
Wallester AS↗
Headquarters
Estonia↗
Founded
2016↗
Support channels
Help-centre↗
Pricing model
No annual fee
Features
Multi-currency, Virtual card
Audience
Business
Official website
wallester.com

Debit cards

Monthly fee
€0↗
Card type
Debit↗
Card network
Visa↗

Facts checked September 26, 2026, 5 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataTrustpilot

Pros and cons

Pros

  • Annual fee is €0 and the monthly fee is €0, so the account itself costs nothing to run
  • Multi-currency and virtual card features suit teams paying in more than one market
  • Ranked 1 of 312 brands on annual fee
  • Runs on the Visa network, so the cards work widely abroad

Cons

  • Rewards type is none, so there is nothing back on everyday spend
  • Support runs on help centre only, with no phone or live chat listed
  • Built for a business audience, so personal users get nothing extra
Wallester

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Scored 8.6 / 10 by SumCue.

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Who it suits

  • Businesses paying foreign suppliers and needing multi-currency cards
  • Finance teams that want virtual cards for staff spend limits
  • Euro-based firms that want no annual or monthly fee

Who should look elsewhere

  • Personal users who want an everyday card for household spending, since the audience is business and the fee structure is set for company accounts
  • Anyone chasing cashback, points or miles on what they spend, as the rewards type is none and nothing comes back on transactions
  • Households who want to pick up the phone and speak to someone, because support runs on help centre alone rather than a wider set of channels

Deposit protection

Wallester is authorised as a payment institution in Estonia, registered with the Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon) under reference 4.1-1/224. Its EBA register listing is PSD_PI 11812882. The company holds a payment institution licence rather than a bank licence, so the money side of a business account is a different arrangement from a retail deposit.

The company behind it

The legal entity is Wallester AS, based in Estonia and founded in 2016. It is supervised by the Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon) with reference 4.1-1/224, and its EBA register entry is PSD_PI 11812882. Support runs through help centre, so self-service articles do most of the work.

How Wallester compares

Where Wallester is available

Licence in Estonia
Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon) (4.1-1/224), checked September 26, 2026
Licence in Estonia
EE_FI (PSD_PI 11812882), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia

Frequently asked questions

How much does a Wallester card cost to hold?+

The annual fee is €0 and the monthly fee is €0, so there is no charge for keeping the account open. Wallester is built for a business audience, and the card type is debit. Set-up costs are not listed.

Does Wallester charge currency conversion fees?+

Multi-currency is listed as a Wallester feature, and its cards run on the visa network. Spending in the currency held on the card keeps conversion down, so teams can hold balances in the currency each supplier bills in.

Is Wallester regulated?+

Yes. Wallester is supervised in Estonia by the Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon), reference 4.1-1/224. Its EBA register listing is PSD_PI 11812882.

Does Wallester offer any rewards?+

The rewards type is none, which means there is no cashback, points or miles scheme to join. Any reward value on spending would have to come from elsewhere, not from the card itself.

What kind of cards does Wallester issue?+

Wallester issues a debit card, and the card kind is credit. Both multi-currency and virtual card features are offered, so teams can hold several cards and set spend limits per user.

Who is Wallester aimed at?+

The audience is business, so Wallester is built for companies rather than households. That makes sense for a team paying suppliers across borders, but a personal user would find little extra here.

How do I get help from Wallester?+

Support runs through help centre, so most questions are answered by the company's own help articles. There is a contact page for anything those articles do not cover, and no other channel is listed.

When was Wallester founded and where is it based?+

Wallester was founded in 2016 and its legal entity is Wallester AS, based in Estonia. It is an Estonian payment institution rather than a retail bank.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: APR, Currency conversion fee.

Wallester

Wallester

Businesses paying suppliers abroad that want multi-currency and virtual cards with no holding fee.

8.6/10See alternatives