Wise Group introduces a new feature allowing Canadian users to earn returns on CAD, USD, EUR, and GBP balances without restrictions.
Wise Group (NASDAQ:WSE) has launched its first multi-currency Interest feature in Canada, enabling customers to earn variable returns on balances held in CAD, USD, EUR, and GBP. The offering eliminates minimum balance requirements and lock-up periods, allowing seamless cross-border transactions within a single account.
The move builds on Wise’s expanding presence in Canada, where its customer base is growing rapidly. The company is also investing in local payment infrastructure through its membership in Payments Canada, aiming to improve transaction speed and reduce costs.
The feature reflects Wise’s broader strategy to enhance flexibility in cross-border money management. Eligible users can opt in via the Wise app, with returns varying by currency.