Wallester review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Wallester suits businesses and freelancers who want a Visa debit card with a monthly fee of €0, multi-currency handling and virtual cards. It is built for business rather than personal banking, and shares that fee with Monzo Flex, Wise and the BMW card.
Key facts
- Best for
- A business Visa debit card with virtual cards and a monthly fee of €0.
- Monthly fee
- €0↗
- Card type
- Debit↗
- Card network
- Visa↗
- Legal entity
- Wallester AS↗
- Headquarters
- Estonia↗
- Features
- Multi-currency, Virtual card
- Audience
- Business
- Official website
- wallester.com
Facts checked September 26, 2026, 2 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- WikidataTrustpilotg2.com
Pros and cons
Pros
- Monthly fee of €0 on the debit card, level with £0 at Monzo Flex, £0 at Wise and $0 on the BMW card.
- multi currency and virtual card covers multi-currency and virtual cards, which suits teams paying suppliers in several currencies or handing out a card per team member.
- Positions 1 on monthly fee among the 379 brands compared here.
Cons
- Aimed at business only, so the card fits company spending better than personal banking.
- The card is a debit card on visa, so there is no credit line to cover a shortfall.
- Free ATM withdrawals stay thin here, with a median free allowance of €0 across the cards compared.
Who it suits
- Businesses that want a visa debit card plus virtual cards for staff spending under multi currency and virtual card.
- Freelancers and small teams billing across currencies, which is the point of the multi-currency option in multi currency and virtual card.
- Buyers who want the monthly charge to stay at €0, matching £0 at Wise and £0 at Monzo Flex.
Who should look elsewhere
- Not for individuals wanting a personal current account: Wallester is built for business, so Monzo Flex or Wise may serve an everyday consumer better.
- Not for anyone expecting to spend on credit: the card is a debit card on visa, while the BMW card from American Express, listed at $0 a month, is the credit option here.
How your money is protected
Wallester holds an Estonian payment institution licence, PSD_PI 11812882, and appears in the register run by the Estonian Financial Supervision Authority. That licence is the anchor for anyone weighing the safety of the balance, since it identifies the institution behind the account. Checking the equivalent entry for Monzo Flex or Wise makes for a fair side by side read.
The company behind it
Wallester AS is the legal entity behind the card, based in Estonia and registered under the Estonian payment institution licence PSD_PI 11812882. An Estonia base places the company inside the European Economic Area rather than outside it. For a business account, that named entity and its licence are the two details worth keeping on file.
How Wallester compares
8.5 vs 9.4
8.5 vs 9.0
8.5 vs 8.2
8.5 vs 9.5
8.5 vs 9.6
8.5 vs 9.0
8.5 vs 9.1
8.5 vs 8.9
8.5 vs 8.1
8.5 vs 8.2
8.5 vs 9.5
8.5 vs 9.4
8.5 vs 9.2
8.5 vs 9.1
8.5 vs 9.0
8.5 vs 8.9- 8.5 vs 8.8
8.5 vs 8.8
8.5 vs 8.6
8.5 vs 8.5
8.5 vs 8.3
Where Wallester is available
- Licence in Estonia
- Estonian Financial Supervision Authority (Finantsinspektsioon), checked September 26, 2026
- Licence in Estonia
- EE_FI (PSD_PI 11812882), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Frequently asked questions
What does a Wallester card cost each month?+
The monthly fee is €0 on the debit card, level with £0 at Monzo Flex, £0 at Wise and $0 on the BMW card from American Express. Across the wider comparison the median monthly fee is €0, with a top end of €99.
Is it a debit card and which network does it use?+
It is a debit card on the visa network, so spending comes out of the account balance rather than a credit line. Debit cards make up 73.4% of the cards in this comparison, and visa covers 57.6% of them, so this is the commonest pairing here.
Who is a Wallester card built for?+
It is built for business use rather than personal banking. The card is a debit card, and multi currency and virtual card adds multi-currency and virtual cards, which is the combination that matters for a company paying suppliers abroad or issuing cards to team members.
Is Wallester regulated and who holds the licence?+
Wallester AS holds the Estonian payment institution licence PSD_PI 11812882 and appears in the register of the Estonian Financial Supervision Authority. That licence names the entity behind the account, which is the first thing to check when weighing the safety of a business balance held with the provider.
What happens when I spend in another currency?+
Multi-currency sits under multi currency and virtual card, so more than one currency can be held on the account, though a debit card still converts when you pay outside the account currency. Conversion fees across this comparison sit at 1% for the median card and 2.2% at the upper end, so the rate matters.
Are free ATM withdrawals included?+
Cash is the part to budget for. The median free withdrawal allowance across the cards in this comparison is €0, and the upper end is €118.23. Check the allowance on the plan you pick before relying on cash for a business trip.
Sources
- euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“EntityCode=11812882; EntityType=PSD_PI; ENT_NAM=Wallester AS”
- wallester.com checked September 26, 2026
Backs: Card type, Features, Monthly fee, Card network
“A debit card for payments at terminals, secure online shopping, and convenient cash withdrawals from ATMs”
- wallester.com/business checked September 26, 2026
Backs: Audience
“For businesses & freelancers”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Wallester
A business Visa debit card with virtual cards and a monthly fee of €0.