Amaze vs Wise: Why Amaze Is the Better Everyday Choice
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amaze and Wise serve slightly different needs. For everyday spend and typical travel purchases, amaze’s 0% FX via amaze Wallet with no per-transaction fee, InstaPoints redeemable as cashback, KrisFlyer miles, or a transfer discount, and amaze Link’s ability to keep your existing card’s rewards alive make it a strong everyday fit. Wise’s mid-market rate, from 0.23% (Source), citing Wise’s own published Singapore pricing), is genuinely well-suited to large one-off transfers, though it doesn’t carry an ongoing card-spend rewards program.
At a glance
- FX fee: amaze 0% via amaze Wallet, no per-transaction fee / Wise from 0.23% (Source) charged per transfer
- Everyday spend + rewards: amaze’s InstaPoints unify into cashback, miles, or a transfer discount, and amaze Link preserves your existing card’s rewards
- Wise’s strength: rate transparency, particularly for large one-off transfers
- Currency coverage: Wise supports 40+ currencies (Source) amaze covers major travel currencies via Mastercard’s global network plus its own multi-currency wallet holding
- Rewards: amaze offers InstaPoints, Auto Top-up, and a referral program; Wise’s rewards are limited to referral-based transfer credits (see sourcing note below)
Where amaze fits well for everyday spending
For day-to-day purchases and typical overseas trip spending, amaze’s wallet offers 0% FX markup with no per-transaction fee, while Wise’s from-0.23% fee (Source) applies each time you spend or convert. amaze Wallet spend also earns InstaPoints (0.5 point per SGD 1 spent in foreign currency via Wallet) toward a unified balance redeemable as cashback (SGD 5 or SGD 25), KrisFlyer miles (3 points = 1 mile), or a transfer discount. Wise doesn’t have an equivalent rewards mechanism tied to spend itself it offers a referral program with transfer fee credits instead (Source) third-party; no single authoritative Wise T&C page found for this specific claim).
Where Wise’s rate transparency really helps
Wise’s mid-market exchange rate is a genuine strength for one specific case: moving a large one-off sum, such as a property deposit or tuition payment, where even a fraction of a percent compounds meaningfully at scale (rate basis: https://banksinsg.com/blog/using-wise-revolut-vs-banks-for-fx/). For everyday spending, amaze’s 0% wallet FX tends to work out ahead.
Currency coverage
Wise supports holding and spending in 40+ currencies directly from its account (Source) genuinely useful for freelancers or frequent multi-country travellers. amaze’s coverage runs through Mastercard’s global acceptance network plus its own wallet’s multi-currency holding.
Referral programs, compared
amaze’s referral program pays a flat SGD 25 (2,000 InstaPoints) to both sides once a qualifying transaction is completed. Wise’s referral program offers a discount or fee credit on a transfer rather than a flat cash reward (Source) , without an ongoing points system behind it.
Bottom line
For everyday spending and typical travel purchases, amaze covers more ground. Wise’s strength is specifically large one-off transfers, where its rate transparency is worth pricing directly.
Note: Information about other providers is based on publicly available sources as of September 2026.
Referral programs, compared
amaze’s referral program pays a flat SGD 25 (2,000 InstaPoints) to both referrer and referee, on the free tier, once a qualifying transaction (either a money transfer of 1,000 SGD or more, or an amaze transaction of 100 SGD or more) is completed. Revolut’s referral program runs as invite-only promotional campaigns, with reward amounts and invitee caps set per campaign rather than a fixed, standing reward. (Source)
Bottom line
Revolut’s ecosystem is well built, and its budgeting tools are a genuine strength if that’s what you’re after. But between 0% FX every day (not just weekdays), free InstaPoints redeemable three ways, and amaze Link preserving your existing card’s rewards on the spend itself, amaze covers more ground for most Singaporeans comparing the two — Revolut’s case is strongest if its budgeting app is specifically what you want and you’re comfortable paying for cashback on top.
Note: Information about other providers is based on publicly available sources as of September 2026.
