Wamo review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Wamo is a good fit for business owners who want a fee-free multi-currency debit card, with a monthly fee of €0 and cashback of 1% on spending. It suits people paid in several currencies, and suits you less if you rely on cash machines, where the free allowance is €0.
Key facts
- Best for
- Business owners trading in several currencies who want no monthly fee.
- Monthly fee
- €0↗
- Free ATM withdrawals
- €0↗
- Card type
- Debit↗
- Cashback rate
- 1%↗
- Card network
- Visa↗
- Currencies
- 22↗
- Legal entity
- Wamo Solutions Oy↗
- Support channels
- Email, Help-centre↗
- Features
- Multi-currency, Virtual card, Travel
- Audience
- Business
- Official website
- wamo.io
Facts checked September 26, 2026, 4 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- WikidataTrustpilot
Pros and cons
Pros
- You can hold 22 currencies in the same account, with features covering multi currency, virtual card and travel.
- A virtual card is part of multi currency, virtual card and travel, which suits online subscriptions and business travel.
- Support runs on email and help centre, so help is written rather than spoken.
Cons
- The free ATM withdrawal allowance is €0, so taking cash out costs extra.
- Support runs on email and help centre only, with no phone or live chat.
- The account is aimed at a business audience (business), so personal everyday banking fits it less well.
Who it suits
- Business owners and sole traders who earn or spend in several currencies and want a virtual card for travel or subscriptions.
- Firms that would rather keep card running costs down with a monthly fee of €0 than pay a charge, and prefer a help centre and email to a phone line.
- Travellers on business who want a debit card holding 22 currencies.
Who should look elsewhere
- Anyone after a UK personal current account: Starling Personal Account Debit Card has a monthly fee of £0 and serves personal banking.
- Anyone wanting a secured credit card: Varo Believe Secured Credit Card charges a monthly fee of $0 and is credit rather than debit.
- Anyone mixing business spending with personal transfers: Wise has a monthly fee of £0, so the pick comes down to business or personal use.
How it compares on our data
Wamo sits at 1 of 422 brands on monthly fee, which is the strongest result on that measure. On free ATM withdrawals it ranks 44 of 124, so the same account leads on fees and trails on cash access. The two rankings pull in opposite directions for anyone choosing one card.
How Wamo compares
9.1 vs 9.4
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 9.4
9.1 vs 8.7
9.1 vs 9.2
9.1 vs 9.4
9.1 vs 8.7
9.1 vs 9.3
9.1 vs 8.9
9.1 vs 8.6
9.1 vs 9.2
9.1 vs 8.4
9.1 vs 8.5
9.1 vs 8.8
9.1 vs 9.0
9.1 vs 8.6
9.1 vs 8.3
9.1 vs 9.5
9.1 vs 9.4
9.1 vs 9.4
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 8.8
9.1 vs 8.7
9.1 vs 8.5
9.1 vs 8.4
9.1 vs 8.0- 9.1 vs 8.0
Where Wamo is available
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the Wamo account cost to run?+
The monthly fee is €0, so holding the account costs nothing. Card spending earns cashback of 1%, which is where the account pays something back. Cash machines are the exception, where the free allowance is €0.
Can I use Wamo abroad and hold several currencies?+
The account covers multi currency, virtual card and travel, so a virtual card and travel use are built in. With 22 currencies available, business money in several places can sit in the same account rather than across separate ones.
Are ATM withdrawals free on Wamo?+
The free ATM withdrawal allowance is €0, so cash machines are where the account is least generous. If your business takes cash in regularly, weigh that before opening, since a free monthly fee does not mean free withdrawals.
Is the Wamo card debit or credit?+
Wamo issues a debit card on the visa network, so it works as an everyday payment card rather than a line of credit. A virtual card is also part of the feature set: multi currency, virtual card and travel.
Who is the Wamo account built for?+
The account is aimed at a business audience (business), which fits sole traders and small companies holding money in several currencies. Personal everyday banking fits it less well, so if the account would only ever hold your own money, a personal account is the better starting point.
How do I get help from Wamo?+
Support runs on email and help centre, so you reach the team by email or through the help centre. Phone and live chat are not part of that mix, which matters if you would rather talk a blocked payment through with a person.
Which company runs the Wamo account?+
The account is provided by Wamo Solutions Oy, the company named in the terms. If you are opening it for a business, that is the entity to check on your paperwork, since it is the party your company would be contracting with.
Sources
- wamo.io checked September 26, 2026
Backs: Audience, Currencies
“A digital business account for European SMEs - Companies, Self-employed”
- wamo.io/currency-exchange checked September 26, 2026
Backs: Features
“Pay and get paid in 22 local currencies; virtual cards; Visa Business”
- wamo.io/partner-program checked September 26, 2026
Backs: Support channels
“Contact us at support@wamo.io; Help center”
- wamo.io/pricing checked September 26, 2026
Backs: Free ATM withdrawals, Card type, Cashback rate, Monthly fee, Card network
“Freemium Companies plan: 2.19% per ATM withdrawal”
- wamo.io/terms-conditions/eu/general-terms checked September 26, 2026
Backs: Legal entity
“provided to you by Wamo Solutions Oy”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Protection.