Wise vs Revolut vs OFX in 2026 — Which Is Cheapest?

CCW Editorial · 2026-04-28 · 8 min read

We sent money through Wise, Revolut and OFX on the same day, same corridor. Here's exactly what each one cost — and where each provider wins.

Three providers dominate the modern money-transfer market: Wise, Revolut and OFX. They look similar from the outside, but pricing diverges sharply once you change the amount, the corridor or the urgency.

Headline pricing in 2026

• Wise: mid-market rate + a transparent variable fee (typically 0.4–0.6% on major pairs).
• Revolut: free up to a monthly plan limit on weekdays; 0.5–1% out of hours and on exotics.
• OFX: zero transfer fee but a 0.4–1.0% margin baked into the rate, sweet spot above $5,000.

Small transfers (under $1,000)

Wise almost always wins on small transfers because the fee is genuinely tiny and the rate is exact mid-market. Revolut ties Wise inside its free allowance but charges weekend mark-ups. OFX is uncompetitive at this size — its margin only makes sense at scale.

Mid-size transfers ($1,000 – $10,000)

OFX starts catching up because its margin is flat regardless of size. Wise still typically wins on G10 pairs (USD, EUR, GBP, AUD, CAD). Revolut becomes risky here — anything beyond your plan tier triggers fees that sneak past the 'fee-free' marketing.

Large transfers ($10,000+)

OFX often wins on large amounts to exotic corridors (ZAR, MXN, INR) thanks to dealer-priced rates and no fee. Wise can match on majors. We always recommend getting a live quote from both before any transfer above $5,000 — the difference can be hundreds of dollars.

There is no universal 'cheapest provider'. There is only the cheapest provider for your specific amount, corridor and day of week.

Speed and reliability

Revolut is instant between Revolut users. Wise typically settles in minutes to hours on major corridors. OFX is the slowest (1–2 business days) but offers human dealers — useful for nervous first-time large transfers.

Use our converter to lock in the mid-market rate first, then compare the live quotes from each provider against it. Anything more than 1.5% worse than mid-market is a bad deal.