Wio vs Chipper Cash.
Wio (W74/100) and Chipper Cash (C62/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. A close tie.
| C Chipper Cash №49 · FCA 62 /100 | W Wio №24 · CBUAE 74 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 62 /100 | 74 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | 1.00% | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | E-money inst. FCA | Full bank CBUAE |
| Deposit guarantee Per depositor | Safeguarded NG.NDIC | Safeguarded AE.DPS |
| Reach | ||
| Markets served Licensed jurisdictions | 9 countries | 1 country |
| Crypto Coins available | 5 coins | No |
| Stocks & ETFs Self-directed | Yes | Yes |
| UX | ||
| Trustpilot Customer score | — | — |
| App store iOS + Android avg | 4.5 ★ iOS 4.4 · And 4.5 | 4.2 ★ iOS 4.4 · And 4.0 |
| Read review → | Read review → | |
Pick Chipper Cash if…
Pan-African EMI — operates in 9+ African countries + UK + US. Multi-jurisdiction licensing means no single full-bank protection. ~5M users. Backed by Bezos Expeditions, Tiger Global. Anchors the pan-African angle alongside Mukuru.
Pick Wio if…
UAE-native digital full-bank, CBUAE-licensed since 2022. Backed by ADQ + Alpha Dhabi + Mubadala + e&. Instant onboarding via Emirates ID and a multi-currency core (AED + USD + EUR + GBP) make it the strongest local-licensed competitor to Liv. and Mashreq Neo. The UAE has no statutory deposit-guarantee scheme, so deposits rest on the bank's CBUAE licence.
- Best for fees Wio won 1 of 4
- Best for protection Wio won 1 of 2
- Best for reach Chipper Cash won 2 of 3
- Best for ux Chipper Cash won 1 of 2
Wio vs Chipper Cash — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Chipper Cash better than Wio?
Chipper Cash and Wio are tied 3–3 across 12 dimensions under our v3 methodology. Composite scores: Chipper Cash 62/100 vs Wio 74/100. The right pick depends on which dimension you weight most heavily.
Is Chipper Cash or Wio cheaper?
Monthly fee — Chipper Cash: €0; Wio: €0. Card FX markup — Chipper Cash: 1.00%; Wio: Interbank. Wio wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Chipper Cash or Wio?
Chipper Cash holds a E-money inst. licence under FCA; deposit guarantee per depositor: Safeguarded. Wio holds a Full bank licence under CBUAE; deposit guarantee per depositor: Safeguarded. Wio is the stronger pick on regulatory protection.
Where can I use Chipper Cash and Wio?
Chipper Cash operates in 9 countries; Wio operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.