Airwallex Business Cards Review

If you’re in the market for a new UK business account, one option to check out is Airwallex.

A multinational fintech firm based in Singapore, Airwallex offers digital global business accounts to companies based in the UK, along with other countries worldwide.

One crucial thing you’ll need to know before signing up with Airwallex is what business cards it offers. These will be essential for day-to-day spending and cash withdrawals, along with managing team expenses.

To help you get up to speed, we’ve put together a full Airwallex business cards review. Read on for everything you need to know, including Airwallex card fees, features, limits and much more.

We'll also touch on an alternative: Wise Business, a provider that offers multi-currency debit cards with 0.5% cashback for UK businesses. More on that later.

What cards does Airwallex offer for businesses?

Airwallex offers two types of business cards to its UK customers - company cards and employee cards.

Company cards

Airwallex company cards are primarily designed for business owners or directors, who’ll be making purchases on behalf of the whole company. For example, paying suppliers, buying office supplies or covering software subscriptions.

This kind of card is currently only available as an Airwallex virtual card.¹ This means it only exists in your Airwallex account, although you can also add it to digital wallets such as Apple Pay and Google Pay for convenient payments using just your phone.

Employee cards

You can also create Airwallex cards for your employees. These are particularly helpful for employees who regularly go on business trips and need to cover travel or other expenses.

As the business owner, you can set spending limits and track all spending in your Airwallex account - so there’s full accountability.

Employee cards are currently available as both physical and virtual cards.¹

Airwallex business card features

Airwallex business cards offer the following features:

• Multi-currency spending worldwide, wherever Visa is accepted
• Create Airwallex virtual cards instantly
• Pay directly from balances held in your Airwallex account, eliminating foreign exchange conversion fees
• No foreign transaction fees
• Track company card activity and transactions in real-time in your Airwallex account
• Pre-set and modify spending limits, to minimise the risk of overspend
• Give multiple team members access to a shared card, helping you manage team budgets more effectively
• In-built expense management via the Airwallex Expenses platform.

Can I withdraw cash with an Airwallex business card?

Airwallex cards come with a lot of features, but the only thing you can’t do with them is withdraw cash.

There is currently no facility for cash withdrawals with either Airwallex company cards (which are virtual anyway) or expenses cards. This means you’ll need to find another solution if your business needs access to cash.

How many cards can I get with my Airwallex account?

The number of business cards you can link to your Airwallex account depends on what plan you have.

Here are all the Airwallex plans, along with the number of free employee card users and company cards you’ll get with each:²

Fees for using Airwallex business cards

Now we come to the crucial question - how much does it cost to use Airwallex business cards?

The main cost will be the plan fee, which ranges from £0 to £999 a month. There are also custom plans available - contact Airwallex to discuss your needs.²

Once you have a plan, you’ll get a certain number of free company cards. You’ll also get a limited number of active monthly employee or spend users. Above this, there’s a fee of £5 to £12 for each additional employee card user per month, depending on your plan.²

There are no foreign transaction fees for spending abroad.¹ However, you should be aware that if you use your Airwallex card to spend in a currency that isn’t in your Airwallex account (or there’s not enough to cover the transaction), a 1% automatic conversion fee will apply.³

Airwallex states that it uses “market-leading FX rates” to convert currency.¹

Read more on Airwallex fees and pricing here.

Airwallex business card limits

Airwallex cards come with a default transaction limit set to $50,000 USD, or the equivalent in another currency (so this would be around £37,412 in GBP).⁴

However, you can change this limit at any time. If you want to lower it, you can do so in the ‘Cards’ section of your Airwallex account - simply select ‘Add a limit’ and enter the amount.⁴

To increase your card spending limits, you’ll need to get in touch with the Airwallex customer support team.

How to order an Airwallex business card

You can create an Airwallex virtual card at any time in your Airwallex account. To order a physical card, follow these steps:⁵

1. Login to your Airwallex account
2. Select the ‘Cards’ section of your account
3. Select ‘Create a new card’
4. Click the ‘Employee card’ button (remember, you can only create physical cards for employees, as all company cards are virtual)
5. Invite a new user by entering their email and other requested details, or select an existing user from the list.
6. Provide a nickname for the new employee card - this will only be shown on the account view, not on the card or in the cardholder’s digital wallet.
7. Set spending limits - choosing from per transaction, daily, monthly, quarterly, yearly or all time. If you don’t set a limit, the default limit will apply.
8. Enter a delivery address - you can either use the company address, a different address or let the employee provide a delivery address (they’ll receive a notification prompting them to provide this).
9. Double-check the name to be printed on the card, then click ‘Create card’.

Do Airwallex business cards work internationally?

Yes, Airwallex business cards work worldwide, wherever Visa is accepted. There are no foreign transaction fees, only an automatic conversion fee if spending in a balance not in your Airwallex account.

Is there an Airwallex credit card?

No, at present there aren’t any Airwallex credit cards for businesses. There are only Airwallex debit cards available.

An alternative to Airwallex: the Wise Business account

If you’re looking for an alternative to Airwallex, Wise Business cards are the perfect solution.

If you need a better option to spend abroad, Wise Business debit cards are the way to go. With Wise Business cards you can spend and allow employees to spend in 150+ countries with the mid-market exchange rate and small, transparent fees.

You can pay in 40+ currencies with your Wise Business card even if you don't have a balance for the currency on your multi-currency account. Wise's smart technology will convert your spending automatically to GBP. What is even better? You earn 0.5% cashback on your purchases.

Get Wise Business card 💳

And that’s it - our essential Airwallex business cards review, covering everything from features and fees to ordering a card.

If Airwallex is the right choice for your business, you should be all set to sign up for an account and order your first card.

Sources used:

Sources last checked on date: 13-May-2025