someusername
Member
- Joined
- May 23, 2019
- Messages
- 342
- Reaction score
- 37
I compared between these 2.
1000SGD get me 718.68USD at Transferwise and 723.9USD at Instarem. Both using credit cards to fund. Instarem is better.
Yeah, my bad. Transferwise does charge more fees for debit/credit card funding. But at least they make it clear. Instarem shows the fee as $4.50 whereas it is really $4.50 + $19.65 for a $1000 transfer. The additional fee seems to be hidden - just the final transferred amount decreases when the funding source is changed to a debit/credit card.
Either way, funding Transferwise or Instarem via debit/credit cards is a waste of money.