Airwallex

Overview

Airwallex is a cross-border payments company whose corporate cards draw directly on balances held in its multi-currency business account. The company describes them as multi-currency business debit cards rather than credit or charge cards^[14]. Because cardholders spend from currency balances, and funds are auto-converted from the primary balance only when the needed currency is not held, Airwallex advertises 0% foreign card transaction fees and spending in 60+ markets on Visa^[14]. FX conversions on the platform are priced at 0.5% above interbank rates for major currencies and 1% for others^[13]. Cards earn 2% cashback on eligible transactions, under promotional terms^[14]. Controls include per-transaction and periodic limits, merchant-category blocks, single-use virtual cards and instant freezing^[14]. No credit check or personal guarantee is required, and an EIN is sufficient to apply^[14]. Airwallex does not name the issuer of its US corporate cards on the product page; it names Community Federal Savings Bank as issuer of its separate Borderless Card and Lead Bank and Evolve Bank & Trust as US payment-services partners^[14].

Airwallex features

• Spend from local-currency balances
• 0% foreign card transaction fees
• Unlimited virtual and physical employee cards
• Single-use virtual cards
• Merchant-category blocking
• Apple Pay and Google Pay

Airwallex pricing

Explore: no monthly fee, up to 10 free spend users. Grow: US$12 per user per month plus a platform fee by team size, up to 250 spend users. Accelerate: custom pricing. Fees are charged per legal entity; FX, transfer and payment fees apply on all plans.

Airwallex strengths and limitations

Appears in

• Best Corporate Cards in 2026 #5

Airwallex alternatives and competitors

Alternatives to Airwallex: companies ranked in the same lists.

• Ramp
• Brex
• American Express National Bank
• BILL Divvy Card
• NNavan
• Rippling
• Mercury
• Pleo
• Payhawk
• Spendesk
• Emburse Cards
• Soldo