https://wise.com/help/articles/b8sVSdAzytqVamfajSirb/how-does-balance-cashback-work
Wise pays balance cashback each month based on the EUR, GBP and USD you hold in your Wise account. You agree that the cashback rate is variable and that we may change the rate and/or stop paying cashback at any time. For eligible balances held in Wise accounts in June 2024, Wise paid an annualised cashback rate of:
2.11% for any EUR
3.31% for any GBP
3.85% for any USD
Wise Europe operates within the tax jurisdiction of Belgium, where cashback is liable for 30% withholding tax.
We deduct this tax and pay it to the Belgian tax authorities before we add the cashback to your account.
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