Wise, the global company building the best way to move and manage the world’s money, is giving away 11 cash prizes totalling £8,888(~S$15,1591) to celebrate the Year of the Snake!
Every qualifying2 international transfer made on Wise between 12 Jan 2025 to 12 Feb 2025 counts as an entry for a chance to win. Make more transfers for more chances to win!
The prize money will be credited directly into the winners’ Wise accounts on 14 March 20253. More details here.
To further help Singaporeans step into the new year on an auspicious note, Wise has also partnered with renowned fengshui expert Grand Master Hillary Phang of Yuan Zhong Sui to provide readings on the 12 Chinese Zodiac’s financial health for 2025 and the luckiest numbers, colours and timings to deposit money — please see this link for the full readings.
Wise continues to improve how customers move and manage money across borders, with several features to make transactions smoother and more convenient this Lunar New Year:
- Broader coverage when sending money to UnionPay cardholders in China: Customers worldwide can now send money to both mainland and non-mainland Chinese UnionPay users in China4
- Increased transfer limits: Customers can now send up to 33,000 CNY to UnionPay recipients (up from 18,000 CNY) and up to 50,000 CNY to WeChat recipients (up from 30,000 CNY)
- Seamless card payments: Customers can bind their Wise card to WeChat and Alipay for effortless payments while travelling in China, making it easier than ever to pay like a local
- Even lower fees: Wise’s global average fee has dropped to 0.62%, making it more affordable for people and businesses moving money internationally. Find out the cost savings here
Here are some tips for Singaporeans to save money this festive season when sending or spending money internationally:
- Check the fees and exchange rates. The exchange rate used by traditional providers is often not the favourable mid-market rate as seen on Google. Instead, a markup is often added to the rate, meaning people pay more than expected for international payments, resulting in a hidden fee that is not transparently disclosed. To avoid this, opt for a multi-currency provider like Wise that uses the mid-market exchange rate and charges a low, upfront conversion fee.
- Pay in the local currency. When shopping internationally, make sure you’re paying in the local currency instead of paying in your home currency (SGD) to avoid dynamic currency conversion charges.
[2] T&Cs
[3] T&Cs apply. For more information please see here
[4] For non-mainland Chinese individuals, only UnionPay cards issued by selected banks are supported. For details, please see here
About Wise
Wise is a global technology company, building the best way to move and manage the world's money. With Wise Account and Wise Business, people and businesses can hold 40 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new network for the world's money.
One of the world’s fastest growing, profitable tech companies, Wise launched in 2011 and is listed on the London Stock Exchange under the ticker, WISE.
In fiscal year 2024, Wise supported around 12.8 million people and businesses, processing approximately £118.5 billion in cross-border transactions, and saving customers over £1.8 billion.
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