Payment Method | Deposit Fee % | Deposit Flat Fee | Withdrawal Fee % | Withdrawal Flat Fee |
---|
Using your MuchBetter account:
Usage Method | Fee |
Transfer to friends (P2P) | Free |
Receive transfers (P2P) | Free |
Pay a merchant | Free |
Transfer from a merchant | Free |
Request a gift | Free |
Send a gift | Free |
Request money from a friend | Free |
Virtual IBAN | One-time 1 EUR fee to create your Virtual IBAN. |
Currency conversion* | 0.99% for conversions between USD/EUR/GBP – FX rates will vary for all other currency conversion including where USD/EUR/GBP is converted to a different currency |
Using your MuchBetter card: ✤
Usage Method | Fee |
Purchasing virtual card | Free |
Purchasing physical card | 12.99 USD/10.99 EUR/9.99 GBP/55 PLN Fees may vary for other wallet currencies, please refer to app if your currency isn’t listed. |
Use online | Free |
Use in person | Free |
Use contactless | Free |
Use at ATM (not available in Canada) | 0.99% |
Use with gaming/gambling merchant | 2% |
Currency conversion* | 0.99% for USD/EUR/GBP – FX rates will vary for all other currency conversion including where USD/EUR/GBP is converted to a different currency |
*Our currency exchange rate service is provided by XE.com, and these are updated throughout each day. It is the User’s responsibility to check the applicable rates on XE.com before proceeding with transactions involving an exchange of currency. In most currencies, we will add a margin to the mid-market exchange rate provided by XE. We are not a bureau de change (currency exchange). We are not responsible for any loss due to changes in exchange rate. If the transfer method is not an instant method, the exchange rate as described above will be applied when we are provided a confirmation of the transfer by our payment processor. Please contact our Support Team with any additional FX queries. You can also see the exchange rate of your transaction from the transaction history of your MuchBetter app, by tapping on the specific one. You will see the transaction amount, exchange rate, and any fees as applicable.
Important Notes
1. Your bank may apply additional charges or currency exchange fees.
2. We may be unable to accept money from or send money to certain territories outside of the EEA.
3. We may change or reduce fees for limited time promotional purposes.
4. Whist we endeavor to keep this fees page up to date, please always refer to the fees stated in the MuchBetter app as the most accurate and up to date figures.
5. We reserve the right to change our fees stated in this document at any time.
6. Prices in this document are part of our TCs and generally valid until a change is communicated to customers. However promotional changes (reductions or waiving fees) are possible at Rtekk’s discretion and does not require separate communication.
7. Loading and withdrawing fees are charged for performing a financial service and are set on basis of passing our incurred costs for performing this service into these fees.
8. A management fee of $5 or currency equivalent (with no additional FX charge) per month may be applied on an inactive account. For more information regarding inactive accounts, please read our Terms and Conditions. If your account balance is below $5 or currency equivalent, we will charge you what remains in your account and take your balance to 0.
© 2025 MuchBetter | All rights reserved
MIR Limited UK Ltd: Registered office, Signature By Regus, Berkeley Square House, 2nd Floor, London, England, W1J 6BD. Regulation: Licensed and regulated as an electronic-money institution (EMI) by the UK Financial Conduct Authority (FCA) License No.: 900704.
QuickPay Limited: Registered office, The Black Church, St Mary’s Place, Dublin 7, Dublin, Ireland, D07P 4AX, registered under number 641373. Licensed and regulated as an Electronic Money Distributor of Sureswipe E.M.I. PLC trading as Revsto, which is licensed by the Central Bank of Cyprus to operate as a licensed Electronic Money Institution, license number 115.1.3.26.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
MuchBetter cards and wearables are issued by Paynovate SA pursuant to licence by Mastercard. Paynovate SA is an e-money issuer regulated by the National Bank of Belgium. Paynovate SA is registered with the Banque-Carrefour des Enterprises under number BE0506 763 929.
©MuchBetter and the images on muchbetter.com are protected by copyright 2025. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
© 2025 MuchBetter | All rights reserved
MIR Muchbetter Australia Pty Ltd (ACN 658 003 804)
(MIR AU or our) is a company registered in Australia and is authorised by the Australian Securities & Investment Commission (Australian financial services licence (AFSL) no. 540851). MIR AU is also enrolled as a reporting entity, and registered on the Remittance Sector Register, with the Australian Transaction Reports and Analysis Centre as a remittance services provider.
✤ Cards and wearable products are not yet available to customers in Australia through MIR MUCHBETTER AUSTRALIA Pty Limited ACN 658 003 804