Does Wise have a subscription I need to cancel?

Wise does not charge a monthly subscription fee. The account is free to hold; you only pay small fees on individual transfers. Closing your account simply removes access to the service entirely.

Will closing my Wise account affect pending transfers?

Yes — you cannot close your account while transfers are in progress or if you have an outstanding balance. Wait for all transactions to complete and withdraw your balance before initiating closure.

Can I reopen a closed Wise account?

Wise does not reopen closed accounts. However, you can create a new account with the same email address after closure, though all previous transaction history will be lost.

How to Cancel Wise (2026)

Wise plans start from $0.00/month. Follow our 5-step guide to cancel your subscription in about 5 minutes — with tips to avoid retention offers.

Updated: March 2026

from $0.00/month

Easy

Estimated Time:5 minutes

Cancel Method:Website

Log in to Wise

Visit wise.com and log in to your account, or use the Wise mobile app.

Transfer your remaining balance

Before closing, send any remaining balance to an external bank account. Go to 'Send' and transfer funds to your personal bank account.

Open Account Settings

Click your name or profile icon in the top-right corner, then select 'Settings'.

Navigate to Account closure

Scroll to the bottom of the Settings page and click 'Close account'. Wise will prompt you to confirm there are no pending transfers or balances.

Confirm account closure

Follow the on-screen steps to confirm your identity and finalise the account closure. You will receive a confirmation email once the account is closed.

Retention Tips

It looks like you're considering closing your Wise account. Since Wise doesn't charge a monthly fee, there's no subscription cost to worry about. Keeping your account open is free, and it's always there when you need to make an international transfer at a great exchange rate. You can simply leave the account dormant — there's no obligation to use it. Would you like to keep the account open just in case?