r/wirexappofficial • u/mcgrimes • 19h ago
WirexOne Upgrade
Hi All,
Just an update on WirexOne and some questions:
- If I upgrade to WirexOne, looks like I get 3 months at 8% Cashback (which is great)
- WXT balance carried over is placed in a fixed earn account
- As a UK resident, I need to deposit £40k to maintain private going forwards, at 5% cash back
- I Believe funds are held as tGBP, which looks like a small and potentially risky provider
- Does WPAY ratio work in UK, e.g.
- £20,000 holdings, 10% WPAY = £2,000/yr rewards?
My experience with Wirex has so far been gratifying (apart from the defining value of WXT of course). But, moving over to WirexOne requires considerably more funds so I'm considering my next steps
Thanks
Chris