Wayex Australia Card Review 2026
Reviewed by Mihail B. in · · how we verify
Algorithmic score, not user reviews: how it is calculated
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Fees and limits
| Issuance fee | Digital card free; physical card AUD 15 per the PDS |
|---|---|
| Annual fee | Free |
| FX fee | 0% foreign transaction fee from Wayex and from the issuerThe fine printSpending funded from crypto pays the account's conversion tier rate, 0.40% at the Standard tier falling to 0% at AUD 1,000,000 of rolling 30-day volume |
| ATM limit | No ATM fee; PDS gives AUD 500 a day in one place and AUD 1,000 a day in its limits table |
| Spending limit | Up to the available balance; card balance capped at AUD 10,000 at any time and AUD 150,000 loaded over the card's life |
These figures can change. Confirm the current fees, FX and network in Wayex Australia’s official terms before you apply.
Features
- Custody: Custodial; AUD is held in trust in an Australian bank account and crypto is held by Wayex
- KYC: Yes
- Card type: Virtual and physical
- Top up with: AUD by PayID (free, instant), NPP or BSB transfer; crypto deposits in any of 137 listed assets
- Available countries: Australia
Who issues the Wayex Australia Card
The Wayex Australia Card is issued by Flexewallet Pty Ltd, Australia (AFSL 448066) (Australian financial services licence). The issuer is named in the source linked below. "The Wayex Card is a prepaid Visa® issued by Flexewallet Pty Ltd ABN 16 164 657 032 AFSL 448066." CryptoSpend Pty Ltd, trading as Wayex, distributes and manages the programme.
Primary source · All cards issued by Flexewallet Pty Ltd · Why the issuer matters
Supported cryptocurrencies
Pros and cons
Pros
- No annual fee and no foreign transaction fee
The fine print
- Crypto conversion from 0.40% down to 0% with volume
- Free digital card with Apple Pay and Google Pay
- Free AUD deposits and withdrawals over PayID, NPP and BSB
- Spends any of 137 listed crypto assets
- Issuer named in the PDS
- Multi-chain top-up across 6+ networks
Cons
- Australia only
The fine print
- Card balance capped at AUD 10,000
- Physical card AUD 15 per the PDS
- The 0.40% conversion applies at home as well as abroad
- No cashback or yield
- The PDS dates from October 2023 and contradicts itself on the daily ATM limit
- No IBAN or bank account, prepaid only
Regional availability
Available in Australia
Australia only, 18 and over with an Australian residential address.
Banking and fiat rails
Card overview
This is Wayex's Australian card, separate from the Wayex Global card in legal entity, issuer and currency. It is a prepaid Visa issued by Flexewallet Pty Ltd and run by CryptoSpend Pty Ltd, trading as Wayex, which holds its own Australian financial services licence. It spends an AUD balance or converts any of 137 listed crypto assets to AUD at the till. There is no annual fee and no foreign transaction fee; crypto-funded spending pays the account's volume tier rate, 0.40% at the start and 0% above AUD 1,000,000 of 30-day volume, and that rate applies at home as well as abroad. AUD moves in and out free over PayID, NPP and BSB, and the digital card works with Apple Pay and Google Pay. The product disclosure statement still in use is dated October 2023: it caps the card balance at AUD 10,000, prices the physical card at AUD 15, and gives two different daily ATM limits.
- Best fit
- Australians who hold crypto and want to spend it in AUD without an FX fee abroad
- Wrong card if
- you want rewards or yield, or need to hold more than AUD 10,000 on the card
Common questions about the Wayex Australia Card
We do not collect user reviews. Answers come from the card terms, the issuer disclosure and the regulator registers we could reach, rechecked on the Data verified date above.
