Insider Spotlight
Wise said some of the country’s favorite travel destinations are also among the most expensive places to withdraw cash overseas.
By the numbers
Vietnam topped the list with an average withdrawal fee of 27.10 percent, followed by South Korea (5.80 percent,), Thailand (2.50 percent,), and the United States (2.05 percent,), based on a BusinessMirror report dated Aug. 26, 2025.
Other destinations included Singapore (1.28 percent,), Japan (0.87 percent,), UAE (0.81 percent,), Taiwan (0.53percent,), Switzerland (0.12 percent), and Hong Kong (0.03 percent).
About the ATM Fees Analysis
The figures are based on 9.7 million ATM withdrawals made using Wise cards over a six-month period from February to July 2025. Each listed destination recorded at least 500 transactions, with percentages reflecting the average ATM fees per country. These do not include hidden margins or extra costs embedded in exchange rates.
Why it matters
Small fees can quietly drain travel budgets, especially during the peak holiday season. “Because every peso counts, especially during the busiest travel season of the year, it pays to plan smartly and keep more money in your pocket for pasalubong,” Wise said.
How to travel smarter
Wise advises travelers to:
The big picture
Wise’s multi-currency card uses Smart Conversion technology to automatically pick the lowest conversion rate, helping travelers “spend like a local — and keep more money for pasalubong.” —Ramon C. Nocon | Ed: Corrie S. Narisma
