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. When comparing Wise to a traditional bank for a USD-to-EUR conversion, which statement is most accurate? → Wise typically offers a rate closer to the mid-market rate, resulting in lower total cost
2. What should a US freelancer do if they want to receive AUD payments from Australian clients without currency conversion? → Open an AUD balance in Wise and share the Australian account details provided
3. What is the recommended sequence for treating a chemical splash to the eyes in the workplace? → Flush with water immediately for at least 15 minutes
4. A student consistently scores low on workplace math questions. What is the best remediation strategy? → Increase practice on that specific domain using targeted exercises
5. Which of the following is the most common type of question in the WISE Practice Test? → Multiple-choice
6. Which approach to reading comprehension passages on the WISE test is most efficient? → Skim the questions first to know what to look for, then read the passage actively
7. What is GDPR's relevance to Wise's operations in Europe? → It sets rules for how Wise collects, stores, and processes personal data of EU residents
8. Which type of workplace hazard involves repetitive motions, awkward postures, and forceful exertions? → Ergonomic hazard
9. Which Wise account tier is required to access batch payment and invoicing features that can help track multiple incoming client payments? → Wise Business
10. Wise has flagged an unusual large transfer from your account that you did not authorize. What is the FIRST step you should take? → Immediately freeze your card and report the transaction in the Wise app
11. What does Wise's transaction history feature allow you to do regarding received payments? → Download statements, filter by date or currency, and export to CSV
12. How should a test-taker prioritize topics when study time is limited? → Focus more time on high-weight domains identified in the test blueprint
13. Which of the following fees does Wise NOT charge on a standard personal account? → A monthly maintenance or subscription fee
14. How are most questions scored in the WISE Practice Test? → Full credit for correct answers, no penalty for wrong answers
15. Which agency must Wise register with at the federal level to operate as a money services business in the US? → FinCEN
16. An employer wants to reduce chemical exposure through ventilation. This is an example of which control type? → Engineering control
17. 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
18. What is the best way to reduce anxiety before the WISE Practice Test? → Get adequate sleep, eat well, and practice mindfulness.
19. Which of the following transaction types is the Wise debit card NOT designed for? → Earning credit card rewards points and cashback
20. When Wise expands into a new country, what is typically the first regulatory step required? → Obtaining the appropriate payment institution or money transmitter license
21. Which Wise feature allows you to receive payments from platforms like Amazon, Fiverr, or Upwork in multiple currencies? → Wise account details for supported currencies
22. Which of the following is the LEAST effective preparation activity for the WISE test? → Re-reading the same passage 10 times without self-testing
23. Which of the following scenarios would trigger Wise's OFAC sanctions screening obligations? → A transfer where either the sender or recipient appears on the SDN list
24. When sending an international transfer via Wise, what does SWIFT/BIC code identify? → The recipient's specific bank institution globally
25. A business owner wants to give their accountant read-only access to Wise Business. Which feature enables this? → Creating a team member account with a 'viewer' role that has no payment initiation rights
26. 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
27. Under which US regulatory framework is Wise required to register as a Money Services Business (MSB)? → Bank Secrecy Act
28. If a user holds USD in their Wise Balance and wants to pay a EUR invoice, what happens during the conversion? → Wise converts USD to EUR at the mid-market rate plus a small fee
29. What does 'auto-convert' functionality in Wise allow users to do? → Set a desired exchange rate and have Wise execute the conversion when that rate is hit
30. What is the main purpose of the WISE Practice Test? → To prepare students for the actual WISE Test