How to use the Wise card in Malaysia 2024

If you have a Wise account in Malaysia you may be considering ordering a Wise card to make spending and cash withdrawals simple. You’ll be pleased to know you can use your Wise card in Malaysia, or when you travel, safely and conveniently.

This guide walks through how to use the Wise card in Malaysia, including the fees and limits.

Quick summary: Using Wise card in Malaysia

  • Spend in MYR: Enjoy easy transactions and ATM withdrawals in Malaysian Ringgit.

  • Use globally: Use your Wise card anywhere Visa or Mastercard is accepted in over 150 countries, including Malaysia.

  • Multi-currency convenience: Hold and exchange over 40 currencies in one account and spend your balance without incurring extra fees - ideal for online shopping or travel.

  • Spend safely: Regulated by Bank Negara Malaysia, immediately freeze or unfreeze your card and receive instant transaction notifications.

  • Easy top-ups: Malaysian residents can top up in MYR using bank transfers or FPX.

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Can I use my Wise card in Malaysia?

Yes. You can spend and make withdrawals conveniently in ringgit with your Wise card. Plus, you can use your Wise card more or less anywhere the card’s network (Visa or Mastercard) is accepted, around the world.

The only exception is in a small number of countries where services are limited due to sanctions or practical constraints - these countries do change from time to time but you can find a full list on the Wise website.

About the Wise card

The Wise card is an international debit card which is linked to a multi-currency account that lets you hold and exchange 40+ currencies. Once you’ve opened a Wise account online or in the Wise app, you'll be able to order your Wise card for a low one time fee, to make payments and withdrawals in Malaysia and 150+ countries around the world.

Wise accounts are free to open, with no ongoing charges or minimum balance requirements.

How does the Wise card work?

You’ll be able to use your Wise card in the same way as you’d use any other debit or credit card. The big difference is that your Wise card comes with a multi-currency account so you can conveniently hold 40+ currencies and spend currencies you hold for free. That means it’s great to use in Malaysia - but also when you travel or shop online with international retailers.

Your Wise account isn’t linked to your bank, which is good for security - so you’ll need to add money in advance of spending, in ringgit, or around 20 other supported currencies.

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Read also: Wise debit card review

Fees for using the Wise card in Malaysia

You’ll pay a low one time fee to get your Wise card in the first place, and can then use it globally with no ongoing maintenance charges.

It’s free to spend from the funds in your Wise account balances. If you’re overseas, or shopping online with a merchant abroad, and don’t have a balance in the currency you need, there’s no problem. In this case, Wise uses smart conversion technology to convert from the currency balance you hold which incurs the lowest charge, using the mid-market exchange rate.

Here are some of the key costs you need to know about when using the Wise card in Malaysia. We’ll cover the costs of ATM cash withdrawals a little later on.

ServiceWise card fee
Order a Wise card13.7 MYR
Spend a currency you holdFree, when you have enough balance for your purchase
Spend in a currency you don’t hold 

Wise will auto convert the balance you have to the currency you need, using the mid-market exchange rate and the lowest available fees

Currency conversion fees from 0.42%

Virtual cardFree once you order your physical card
Order a replacement card

No fee to replace an expiring card

13.7 MYR for a replacement at any other time

Replace an expiring cardFree - Wise will remind you when you need a new card for convenience

Fees correct at time of writing - 23rd February 2024.

How to withdraw money in Malaysia with Wise card

You can make cash withdrawals from ATMs in Malaysia as easily as you would with any other debit card:

  1. Find a convenient ATM which supports the network your Wise card is issued on (Visa or MasterCard)

  2. Insert your card and select the option to make a withdrawal

  3. Enter the amount you want to withdraw

  4. Enter your PIN for security

  5. Your money will be dispensed and your card will be returned

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Wise card ATM withdrawal fees

Wise offers some fee free ATM withdrawals every month, with low fees after that:

ServiceWise card fee
ATM withdrawals

Up to 2 withdrawals, to the value of 1,000 MYR per month free

Then 5 MYR + 1.75%

Fees correct at time of writing - 23rd February 2024.

Wise card ATM withdrawal limits

The Wise card has a daily and monthly ATM withdrawal limit for security reasons. For Malaysian card holders, this is set at 23,000 MYR (or the foreign currency equivalent) per month. This is the total amount you can withdraw in a month, in MYR or if you’re abroad and withdrawing foreign currencies. The limit resets on the first day of the month.

As a default, your daily ATM withdrawal limit will be set at the same amount as your monthly limit - but you can change this in the app if you’d rather have a lower limit on your daily withdrawals.

To view and change your Wise card ATM withdrawal limits in the Wise app:

  1. Log in on the Wise app and select the Cards tab

  2. Tap Account limits and the type of transaction - ATM withdrawals

  3. Select the button to change the limit within the Wise maximum available limit range

Which ATMs can I use in Malaysia?

Wise card holders can conveniently withdraw cash from a wide range of ATM’s anywhere Visa or Mastercard is accepted. This means that you have access to a wide number of ATMs across the country, regardless of which bank operates them, ensuring easy access to your cash.

To find a Malaysian ATM that’s compatible with your Wise card, you can click on the Mastercard ATM locator or Visa ATM locator), which is particularly helpful if you’re traveling and are unfamiliar with the local area. Just enter your current location to locate a compatible ATM that’s nearest to you.

How to get a Wise card: Step by step

You can order a Wise debit card once you have a verified and active Wise account. Generally all you need for this is a valid email address, a working smartphone, and a valid ID document. The ID document you need will depend on your nationality. If you’re Malaysian you can usually use your passport, Mykad or driving licence. If you’re a foreign resident in Malaysia you’ll need your passport and visa.

Here’s how to order a Wise card online or in the Wise app:

On the Wise app

Here’s how to get your Wise debit card on the Wise app:

  1. Download the Wise app and tap Sign up

  2. Open a Wise account by following the prompts to enter your personal information

  3. Top up your Wise account in the currency of your choice

  4. Order your Wise card for a one time 13.7 MYR fee

  5. Complete the verification step, uploading an image of your ID document and taking a selfie

  6. Your card will arrive in the mail


  1. Open the Wise desktop site and select Register

  2. Open a Wise account by following the prompts to enter your personal information

  3. Top up your Wise account in the currency of your choice

  4. Order your Wise card for a one time 13.7 MYR fee

  5. Complete the verification step, uploading an image of your ID document and taking a selfie

  6. Your card will arrive in the mail

How to activate Wise card in Malaysia

Wise card doesn’t require an activation, but before you can use your Wise card for contactless payments you’ll need to activate it.

All you have to do is use your card PIN for a transaction - this could be buying something in a store, making a cash withdrawal or simply checking your balance at an ATM. This is a one time transaction, and you can do it after you’ve received your physical Wise card.

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How long does it take for the Wise card to arrive in Malaysia?

Once you order your Wise Card, you won’t have to wait long and can expect for it to be delivered by mail to your specified address within approximately 5 working days. In the meantime you can use your virtual card, which you can use immediately, meaning there’s no need to pause your spending plans while you’re waiting.

How do I add money to the Wise card in Malaysia

In Malaysia you can top up your Wise account by bank transfer or FPX. You’ll need to add money to your account before you can spend with your Wise card - fees may apply to your top up, depending on the method you prefer to use, but these are clearly shown in the Wise app.

Here’s how to add money to Wise for spending with your Wise card:

  1. Log into your Wise account online or in the Wise app

  2. Select the currency balance you want to top up

  3. Tap ‘Add’

  4. Confirm the currency you want to pay with

  5. Enter the amount you want to top up and select a payment method

  6. Check everything over, confirm and follow the prompts to complete the payment

Is it safe to use the Wise card in Malaysia?

The Wise card is safe to use, and regulated in Malaysia by Bank Negara Malaysia.

The Wise card also comes with its own safety features built in, like instant transaction notifications, and simple ways to freeze or unfreeze your card in the app, with just a couple of taps.

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Learn more: Is Wise safe to use?

How to freeze Wise card

Have you lost or had your card stolen or noticed any unfamiliar transactions? Not to worry, with Wise, you can easily freeze and unfreeze both your physical and digital cards via the app or online to safeguard your funds. To do this:

  • Open your app or log into your Wise account online

  • Go to the ‘Card’ tab

  • Select ‘Freeze Card’

When you’re ready to use your card again, simply repeat the same steps but select ‘ Unfreeze Card.’ While your card is frozen, it can’t be used for any transactions, protecting your account from unauthorized use and adding an extra layer of security and control. Once you unfreeze it, you can use your card again as usual.

How to use Wise account in Malaysia

The Wise multi-currency account caters to a range of financial needs, from everyday transactions at home, to managing international funds, whether you’re traveling, making global purchases online or have a business where you need to pay employees or receive earnings in another currency. Here’s how you can make the most of your account at home in Malaysia:

  • Receive MYR details: Malaysian residents will receive their own MYR account details, allowing you to receive payments in MYR directly into your Wise account without incurring any charges.

  • Hold and manage multiple currencies: Hold, spend and receive in over 40 currencies, including MYR without any international transaction fees.

  • Receive payments in MYR for free: Receiving MYR into your account is free, making it a cost-effective everyday solution for residents or freelancers or businesses dealing with local clients.

  • Spend and withdraw funds locally: Use your Wise card to spend and withdraw money in MYR across Malaysia anywhere Visa or Mastercard is supported.

  • 20K limit: Malaysian residents can hold no more than 20,000 MYR in their account by the end of each day.

Use Google Pay or Apple Pay with Wise card to spend with your phone

When you order your Wise physical card, you’ll also get the option to create a virtual card which you can use right away with an e-wallet like Google Pay or Apple Pay.

Link your virtual card to your preferred wallet and you can instantly start to make mobile payments with your phone, and to shop online. That means there’s no need to carry your physical card when you leave home - just pick up your smartphone and you’re good to go.

Can I use my Wise card with Apple Pay Malaysia?

Wise was one of the first non-bank providers to offer Apple Pay in Malaysia. Whether you’re a Malaysian resident or a traveler on your adventures, this feature offers customers a convenient and secure way to make payments. You can use both physical and virtual Wise cards with Apple Pay, making it perfect for those living an international lifestyle, shopping online with international retailers or looking for easy ways to make transactions. Here’s how to use your Wise Card with Apple Pay:

  • Register and verify your account: Create a Wise account via the app or online and follow the process and get verified by uploading the requested ID documents.

  • Set up a currency balance and add funds: Open a currency balance in MYR or your preferred currency and add funds to it.

  • Order a physical Wise card: Order a Wise card and pay a one-time fee of 13.7 MYR.

  • Generate a virtual Wise card: In the meantime, generate your virtual Wise card via the app for immediate use, even before your physical card arrives.

  • Add your card to your Apple wallet: Go to the ‘Card’ tab in the Wise app, select your new card and tap on ‘Add to Apple Wallet’.

  • Start making payments: Once you’ve added your wise card to Apply Pay, you can start making payments with your phone and enjoy secure shopping, just as you would with your card!

Can I use my Wise card with Google Pay Malaysia?

Just as with Apple Pay, Wise has made it incredibly convenient for users to link their card with Google Pay. Providing a digital-first approach to your payments, you can not only enjoy the convenience of contactless payments but also maintain access to Wise’s many multi-currency account benefits. To use:

  • Register and verify your account: If you haven’t already, create your account on the Wise app or website and complete the verification process.

  • Open a currency balance and add funds: Open a currency balance in MYR or any other currency you want and add your funds.

  • Order your wise card: Request a physical Wise card by paying a small one-time fee of 13.7 MYR.

  • Generate a virtual card: In the app, generate your virtual Wise card. You can use this immediately, even before your physical card arrives.

  • Link to Google Pay: In the Wise app, go to the ‘Cards’ section. Select your virtual card and add it to Google Pay.

  • Start making transactions: Once you’re all set up, your Wise card is ready for use with Google Pay. Make contactless payments in stores, online purchases or anywhere Google Pay is accepted directly from your phone.

Can I use my Wise card for multiple currencies?

The Wise card is a debit card that links to your multi-currency account and allows you to hold and spend in over 40 different currencies at the same time in one convenient place. You can use your card almost anywhere in the world in over 150 countries, with no hidden fees to worry about, and convert your money in real-time at the mid-market exchange rate using the free Wise app.

Great for those who frequently travel, conduct business internationally, or live abroad, it automatically converts the amount to the local currency at the mid-market rate when you shop, dine, or make online purchases and can be used to withdraw cash from nearly any ATM around the world that supports the Visa or Mastercard network.

Where can I use my Wise card in Malaysia?

The Wise card is widely accepted in Malaysia for both in-store purchases and online shopping and can be used anywhere a debit card is accepted. However, it’s important to note that some websites will only accept locally issued cards, and for some online payments, you might also be asked to approve the payment from your Wise app first.

If you have MYR, you can spend from your balance for free without incurring any additional costs. But if you don’t have enough balance in MYR, Wise will auto-convert it using the lowest fees possible, starting from 0.42%.

Need to take cash out? Use your Wise card at most ATMs across Malaysia that support the Visa or Mastercard network for easy access to your money whenever you need it. You can even withdraw 1,000 MYR monthly for free before incurring low fees once you’ve hit your monthly allowance.

Plan on using your Wise card for international online shopping? Watch out for DCC

This guide focuses on using your Wise Malaysia card at home - but you can also use your Wise card to spend and make withdrawals more or less globally, and for shopping online with retailers based overseas.

Wise cards have a linked multi-currency account, allowing you to top up in ringgit and either convert to the foreign currency you need in advance, or let the card do the exchange at the point of payment. This means you’ll always be able to pay in the local currency, helping to avoid extra costs associated with dynamic currency conversion (DCC).

You may not have heard of DCC, but it can be an expensive issue for travellers globally - and you can also run into it when shopping online and paying in a foreign currency.

If you’re ever asked by a merchant, or when you’re at the ATM, if you’d prefer to pay in your home currency instead of the currency of the country you’re in, that’s DCC. It sounds pretty harmless - and it does let you instantly see what your purchase is costing in MYR. However, it also means the merchant or ATM operator picks the exchange rate and can bundle in extra fees, too - which pushes up costs significantly. Learn more about DCC here.

Advantages of using the Wise card in Malaysia

You can use the Wise card to spend in Malaysia in ringgit and also for seamless spending in foreign currencies, online and in person. Here are some tips to make the most of your Wise card:

  • If you’re planning on spending in a foreign currency, top up in ringgit and switch over to the currency you need in advance if you spot a good exchange rate

  • Or leave your money in MYR for local spending - if you’re overseas, the card can still convert for you with the mid-market rate when you pay

  • Remember to always pay in the local currency when you’re away or shopping online and paying in a foreign currency, to avoid DCC costs

Conclusion: Is it worth using your Wise card in Malaysia?

The Wise card has been designed to offer convenient and safe ways to spend in Malaysia, and cheap currency conversion if you’re shopping online and paying in foreign currencies - or if you travel.

It’s easy to add money to your Wise card using nothing more than your phone, and you can then spend in ringgit online, in person and using your favourite e-wallet. If you want to spend in a foreign currency you can convert to the currency you need with the mid-market exchange rate - either in advance or at the point of payment. Fees for currency conversion are low - from 0.42% depending on the currencies involved - and it’s free to spend any currency you hold in your account already.

That means that with Wise you’ll get easy cash withdrawals and payments , with low fees, and the mid-market exchange rate, in Malaysia and beyond.

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Learn more: How to use Wise card abroad

How to use a Wise card in Malaysia FAQs

How can I use my Wise card in Malaysia?

You’ll be able to use your Wise card in Malaysia to spend and make withdrawals in MYR. Top up in MYR using FPX or a bank transfer, and spend for free - plus get currency conversion with the mid-market rate and low fees when you pay and make withdrawals in foreign currencies.

Where can I use my Wise card in Malaysia?

Use your Wise card in Malaysia anywhere the card’s network is supported. Just look out for the Mastercard or Visa logo on ATMs or at payment terminals in stores and restaurants.

How can I withdraw money with my Wise card in Malaysia?

Make cash withdrawals in Malaysia, by inserting your card into an ATM that supports your card network, entering your PIN and selecting the amount you want to withdraw. Easy.