TransferWise Israeli Shekel Travel Card

Traveling internationally can often involve dealing with exchange rates, high fees, and complicated currency conversions. However, with the TransferWise Israeli Shekel Travel Card, managing your money abroad has never been easier. Whether you’re visiting Israel for business or leisure, this card provides a simple, cost-effective solution for holding and spending Israeli Shekels (ILS) and other global currencies.

In this article, we’ll take you through everything you need to know about the TransferWise Israeli Shekel Travel Card. We’ll explore its features, benefits, fees, currencies, and how to use it most effectively for international travel.

What is the TransferWise Israeli Shekel Travel Card?

The TransferWise Israeli Shekel Travel Card is a prepaid debit card linked to your Wise account. With this card, you can hold and spend Israeli Shekels (ILS) as well as more than 50 other currencies. Unlike traditional bank cards, the TransferWise Travel Card offers real exchange rates with low fees and no hidden charges, making it an excellent choice for international travelers.

This card is perfect for those who frequently travel to Israel or need to send or receive payments in Israeli Shekels (ILS). Whether you are a tourist, an expatriate, or a business traveler, the TransferWise Israeli Shekel Travel Card gives you the flexibility to manage your money efficiently and affordably.

Key Features of the TransferWise Israeli Shekel Travel Card

Let’s take a closer look at the main features of the TransferWise Israeli Shekel Travel Card:

Feature Details
Multi-Currency Account Hold and manage more than 50 currencies, including Israeli Shekels (ILS).
Real Exchange Rates Benefit from the mid-market exchange rate, with no hidden fees or inflated conversion rates.
Low Fees Transparent and competitive fees for currency conversion, ATM withdrawals, and more.
Global Acceptance Use the card wherever Mastercard is accepted, both online and in stores.
ATM Withdrawals Withdraw cash at ATMs worldwide, with a low fee structure and a free monthly limit.
Contactless Payments Use your card for secure, fast, and contactless payments.
Instant Currency Conversion Easily convert your balance between different currencies through the Wise app.
Mobile App Management Manage your funds, track spending, and monitor transactions using the Wise app.

Benefits of the TransferWise Israeli Shekel Travel Card

1. Real Exchange Rates

One of the standout features of the TransferWise Israeli Shekel Travel Card is its use of the real exchange rate (also known as the mid-market rate). When you make a currency exchange or international payment, the card will use the real market rate, which is the rate you would see on Google or other financial platforms. This is a big advantage over traditional banks or currency exchange services that often mark up their rates.

2. Multi-Currency Support

With the TransferWise Israeli Shekel Travel Card, you can hold over 50 currencies in your account, including Israeli Shekels (ILS), US Dollars (USD), Euros (EUR), British Pounds (GBP), and many more. This makes it easy to manage your finances across different countries without the need for multiple cards or worrying about exchange rates.

3. Low Fees

The TransferWise Israeli Shekel Travel Card offers low fees for currency conversion, ATM withdrawals, and card usage. There are no hidden fees, and you can easily check the fees before making a transaction through the Wise app. Compared to traditional bank cards, which often have high transaction fees and poor exchange rates, this card is a much more affordable option for international travelers.

4. Global Acceptance

The TransferWise Israeli Shekel Travel Card is part of the Mastercard network, meaning it is accepted at millions of locations worldwide. Whether you’re shopping in Israel, booking a hotel online, or making purchases while traveling abroad, you can use your card without any hassle.

5. Easy ATM Withdrawals

The card allows you to withdraw cash from ATMs worldwide. You can withdraw Israeli Shekels (ILS) or other local currencies, depending on where you are. There is a free withdrawal limit each month, beyond which a small fee is charged. This makes it easy to access cash when you need it, without worrying about high fees.

6. Mobile App Control

Managing your TransferWise Israeli Shekel Travel Card is simple with the Wise app. The app allows you to track your spending in real-time, convert currencies, check your balance, and monitor any transactions. This makes it easy to stay on top of your spending and avoid any surprises.

Supported Currencies

The TransferWise Israeli Shekel Travel Card supports over 50 currencies, including:

  • Israeli Shekel (ILS)
  • US Dollar (USD)
  • Euro (EUR)
  • British Pound (GBP)
  • Australian Dollar (AUD)
  • Japanese Yen (JPY)
  • Canadian Dollar (CAD)
  • Singapore Dollar (SGD)
  • Hong Kong Dollar (HKD)

This wide range of supported currencies ensures that you can use your card for international travel, online shopping, and cross-border payments with ease.

Fees and Charges

The TransferWise Israeli Shekel Travel Card comes with transparent and competitive fees. Here’s a breakdown of the typical fees you can expect:

Fee Type Details
Card Issuance Fee Approximately $10 USD or the equivalent in ILS.
Currency Conversion Fee 0.35% to 1%, depending on the currency pair being converted.
ATM Withdrawal Fee Free withdrawals up to a monthly limit of ILS 10,000. After that, a small fee applies.
Monthly Maintenance Fee No monthly fee for maintaining the card.
Card Replacement Fee A small fee if your card is lost or stolen and you need a replacement.

These fees are relatively low compared to traditional bank cards and are competitive with other travel cards on the market.

Best Ways to Use the TransferWise Israeli Shekel Travel Card

1. Top Up with Israeli Shekels (ILS)

If you’re traveling to Israel, it’s a good idea to top up your card with Israeli Shekels (ILS). By doing this, you avoid the need to convert currencies and avoid additional conversion fees.

2. Make Payments in Israeli Shekels

The TransferWise Israeli Shekel Travel Card makes it easy to make payments in Israeli Shekels (ILS), whether you’re shopping in stores or paying for services in Israel. You can simply swipe the card, and the amount will be deducted from your ILS balance.

3. Use for International Travel

When traveling to other countries, you can use the TransferWise Israeli Shekel Travel Card to pay in the local currency. The card will automatically convert your Israeli Shekels (ILS) or other currencies in your account to the required currency at the best exchange rate.

4. Withdraw Cash from ATMs

If you need cash while traveling, the card can be used at ATMs worldwide. Withdraw Israeli Shekels (ILS) or other local currencies, keeping track of the free monthly limit to avoid extra fees.

5. Use the Wise App for Monitoring and Control

Use the Wise app to track your spending, convert currencies, check your balance, and keep an eye on your transactions in real-time. The app gives you full control of your card, ensuring you stay within budget during your travels.

How to Apply for the TransferWise Israeli Shekel Travel Card

Step 1: Create a Wise Account

First, you need to sign up for a Wise account if you don’t already have one. This can be done via the Wise website or Wise app.

Step 2: Verify Your Identity

As part of the registration process, you’ll need to verify your identity by providing a valid government-issued ID (such as a passport or driver’s license).

Step 3: Order the Card

Once your identity is verified, you can order the TransferWise Israeli Shekel Travel Card through the Wise app or website. There’s a small issuance fee to pay for the card.

Step 4: Activate Your Card

After receiving your card, activate it via the Wise app. Once activated, you can start using the card for payments and ATM withdrawals.

Step 5: Top Up Your Card

Finally, top up your card with Israeli Shekels (ILS) or any other currency you plan to use. You can do this via a bank transfer, debit/credit card, or other methods available through Wise.

Top up and spend your holiday money in over 40 currencies

Argentine Peso Egyptian Pound Moroccan Dirham South African Rand
Australian Dollar Euro Nepalese Rupee Sri Lankan Rupee
Bangladeshi Taka Georgian Lari New Zealand Dollar Swedish Krona
British Pound Hong Kong Dollar Nigerian Naira Swiss Franc
Bulgarian Lev Hungarian Forint Norwegian Krone Turkish Lira
Canadian Dollar Indian Rupee Pakistani Rupee UAE Dirham
Chilean Peso Indonesian Rupiah Philippine Peso Ukrainian Hryvnia
Chinese Yuan Israeli Shekel Polish Zloty US Dollar
Croatian Kuna Japanese Yen Romanian Leu Vietnamese Dong
Czech Koruna Kenyan Shilling South Korean Won Singapore Dollar
Danish Krone Mexican Peso Thai Baht Malaysian Ringgit

Which all countries can apply for Wise Travel Card

The Wise card is currently available for personal customers that live in these countries and regions:

  • Australia
  • Brazil
  • Canada
  • EEA + Switzerland*
  • Japan
  • Malaysia
  • New Zealand
  • Philippines
  • Singapore
  • UK + European microstates and overseas territories*
  • USA except for residents of Nevada (US cards temporarily unavailable)

Conclusion

The TransferWise Israeli Shekel Travel Card is a convenient, affordable, and transparent solution for managing your finances while traveling. Whether you’re visiting Israel or traveling globally, this card offers real exchange rates, low fees, and a wide range of currencies to choose from. By using the TransferWise Israeli Shekel Travel Card, you can avoid hidden fees, make payments securely, and withdraw cash when needed.

Get your TransferWise Israeli Shekel Travel Card today and enjoy smooth, cost-effective travel finance management. With no hidden fees and excellent exchange rates, it’s the best way to manage your money abroad.