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Wise launches cashback on business accounts

By Gloria Methri

November 16, 2022

  • B2B Cross Border Payments
  • Card Payments
  • Europe
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WiseWise Business, the business account for going global, has introduced a cashback policy for its customers. The feature will reward customers with 1% cashback on card transactions. The feature is available to all UK-registered businesses and cashback can be earned when making card payments across the world.

Even if a business is buying paper from Scranton, sourcing Christmas stock from Stockholm, or paying for chilli crab on a business trip to Singapore, each transaction is rewarded with cashback.

All current UK-registered Wise Business card holders have been automatically registered with the new feature, with cashback paid at the start of each month. While the feature is currently only available to UK-based businesses, Wise plans to bring to it more countries soon.

Clara Nobre, Head of Wise Business, said, “Small and medium-sized businesses face a tough business environment, so we want to help where we can. Giving businesses cashback on their spending is just one way we can do this.”

“We will continue to do all we can to give businesses the international banking services they deserve, from providing features like cashback to building a world where money can move without borders.”

Wise Business is Wise’s service for small and medium-sized businesses and aims to fulfill their international banking needs. Today, Wise Business has more than 300,000 active customers.

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