Wise Test Cheat Sheet 2026

The 30 highest-yield Wise Test facts, distilled from real exam questions. Print it, save it as a PDF, or study it here — free, no sign-up.

1. Which of the following is the most common type of question in the WISE Practice Test? → Multiple-choice
2. How are most questions scored in the WISE Practice Test? → Full credit for correct answers, no penalty for wrong answers
3. How can you freeze your Wise debit card if you suspect it has been lost or stolen? → Instantly through the Wise app with a single toggle
4. What is the best way to reduce anxiety before the WISE Practice Test? → Get adequate sleep, eat well, and practice mindfulness.
5. Which of the following transaction types is the Wise debit card NOT designed for? → Earning credit card rewards points and cashback
6. When sending an international transfer via Wise, what does SWIFT/BIC code identify? → The recipient's specific bank institution globally
7. When Wise converts your money, which of the following fees are typically included in the total cost? → A fixed Wise service fee only — no conversion markup
8. What is the main purpose of the WISE Practice Test? → To prepare students for the actual WISE Test
9. Which payment method in the US typically results in the LOWEST Wise transfer fee? → Bank transfer (ACH)
10. Which of the following best describes Wise Business's QuickBooks integration? → It syncs Wise transactions and balances directly into QuickBooks for reconciliation
11. How are scores typically calculated in the WISE Practice Test? → Based only on correct answers, with no penalty for incorrect responses.
12. What is the most effective way to structure your study routine for the WISE Practice Test? → Divide topics into smaller sections and study consistently over time.
13. When you initiate a conversion on Wise, how long is the exchange rate typically guaranteed? → For a short window (usually a few seconds to minutes) at the time of confirmation
14. How does Wise typically structure its transfer fee? → A percentage-based fee plus a small fixed fee
15. A customer is funding their international transfer from their USD bank account. Which payment method is generally the SLOWEST for getting the money to Wise? → ACH Bank Debit
16. What happens if a Wise card transaction is declined due to insufficient balance? → The transaction is declined and no fee is charged
17. If your Wise transfer is sent in EUR but the recipient's bank account is in USD, what happens? → The recipient's bank converts EUR to USD upon receipt
18. For compliance purposes, Wise may freeze a transfer if it suspects what type of activity? → Money laundering or sanctions violations
19. What is the primary function of the mitochondria in a cell? → To produce energy
20. What should you do in the Wise app to ensure your card works when traveling internationally? → No action is needed — Wise cards work internationally by default
21. Can you use your Wise debit card to make payments on streaming services or subscription platforms like Netflix? → Yes, you can store the card details for recurring subscriptions just like any other card
22. Can you cancel a Wise international transfer after it has been submitted? → Yes, but only if the funds have not yet been converted or sent out
23. If a Wise transfer is delayed, what is the most common reason? → Additional identity verification or compliance checks are required
24. Wise charges different fees depending on which payment method you use. Which method typically has the LOWEST fee? → Bank transfer (ACH/Direct Debit)
25. When you send money with Wise, the transfer fee is displayed: → Before you confirm the transfer
26. Can you add your Wise debit card to Apple Pay or Google Pay for mobile payments? → Yes, both Apple Pay and Google Pay are supported
27. What is the primary purpose of Wise's real-time transaction notifications? → To let you immediately spot unauthorized transactions and freeze your card if needed
28. What is the mid-market exchange rate? → The midpoint between currency buy and sell prices on global markets
29. Which of the following best describes how the WISE test handles unanswered questions? → Unanswered questions are omitted from scoring
30. What is a Wise 'borderless' account now officially called? → Wise Multi-Currency Account