Airwallex Corporate Cards

Overview

Company cards are virtual only, while employee cards can be virtual or physical. Cards work across more than 60 markets, and cardholders can spend from held currency balances. If the needed currency is not held, Airwallex says it converts from the primary balance. That makes the product a practical fit for distributed or international spending, though company cards cannot be issued physically.

Virtual cards support spending limits and merchant-category blocks, and single-use cards can expire after one transaction. These options help teams constrain recurring or one-off employee purchases. Airwallex also describes real-time transaction visibility and receipt capture and matching through its expense tools. The US cards page advertises 2% cashback, while the plan description qualifies rebates as up to 2% on local USD spend; buyers should not treat that headline as a universal return.

Key features

• Multi-currency cards: Spending from held balances, with conversion from the primary balance when necessary, reduces the need to hold each currency employees may encounter. Airwallex says there are no international transaction fees, a useful distinction for cross-border purchases.
• Card controls: Limits, merchant-category blocks and single-use virtual cards offer practical safeguards for employee spending, especially for teams issuing cards for defined purchases.
• Expense workflow: Real-time transaction visibility and receipt capture and matching help connect card spend with expense records. A mobile app supports submitting and approving expenses.
• Accounting and ERP connections: Xero and QuickBooks integrations are included in Explore. NetSuite and Dynamics 365 Business Central are reserved for Grow, so teams already standardized on those systems must budget for the paid tier.
• Compliance credentials: Airwallex’s Trust Center lists PCI DSS, SOC 1, SOC 2, GDPR and ISO/IEC 27001. These credentials may matter in vendor review, but do not replace a buyer’s own security assessment.

Pricing

Explore costs 0.00 USD per free, billed $0 per user/month. It includes unlimited multi-currency corporate cards with zero international fees, up to 2% cash rebates on local USD spend, advanced card controls, and Xero and QuickBooks integrations. For teams that need cards and core expense visibility without advanced approvals or the named ERP connections, this is the sensible starting point.

Grow costs 12.00 USD per month, billed $12 per user/month plus a platform fee based on team size. It includes everything in Explore, customizable multi-conditional approvals, rules-based expense automation, and NetSuite and Dynamics 365 Business Central integrations. The per-user rate is only part of the cost: teams should account for the additional platform fee when comparing it with alternatives.

Accelerate has custom pricing and includes everything in Grow, a custom direct Spend API integration with ERP, centralized financial management across up to three global entities, and a dedicated account manager and onboarding support. It is the relevant tier for organizations that need that tailored ERP connection or multi-entity management, but the custom quote makes direct price comparison harder.

Platforms

Airwallex lists web, iOS, Android and API support. That range suits teams combining browser-based finance work with mobile expense submissions or a need to connect workflows programmatically; the direct Spend API integration is specifically part of Accelerate.

Who it's for

Airwallex is strongest for companies with employees making purchases in multiple currencies, particularly those that can use virtual controls and the included Xero or QuickBooks integrations. It can serve businesses from startups to public enterprises, but the right plan depends on workflow complexity: simple card programs can stay on Explore, while teams needing conditional approvals, automation or certain ERP connections should evaluate Grow. Companies requiring physical company cards or unable to justify the added team-size platform fee should look elsewhere.

Pros and cons

• Pros: Multi-currency balances, automatic conversion from the primary balance and no international transaction fees make cross-border card spending more straightforward.
• Pros: Explore includes unlimited cards, advanced controls and Xero and QuickBooks integrations at $0 per user/month.
• Pros: Virtual card limits, merchant blocks and single-use expiry provide concrete controls over employee purchases.
• Cons: Company cards are virtual only, limiting teams that need physical cards issued to the company itself.
• Cons: Advanced approvals, expense automation and NetSuite or Business Central integrations require Grow, whose platform fee varies with team size.
• Cons: Accelerate’s custom price requires a quote, which makes budgeting and comparison less direct.

Alternatives

For a broader comparison, see Corporate Card Software. Consider Ramp AP if a free plan aimed at smaller teams that want to simplify finances is a better fit. Brex is worth comparing for its free Essentials tier, which covers up to two entities and one local card program, or its $12 user/month Premium tier. Choose Moss if its free plan’s three-user cap, unlimited cards, invoice allowance of 20 per month and debit-only wallet suit a smaller operation. Wallester Business offers a free plan with 300 virtual cards, unlimited physical card issuance and unlimited employee seats. EnKash is a paid alternative with physical card issuance or reissuance priced at 250.00 INR per once. Torpago is another paid option. Aspire has a free plan and a Basic tier that includes multi-currency accounts across 13 currencies, virtual cards and other finance tools. BILL Accounts Payable may suit teams prioritizing payable and receivable workflows; its Essentials plan costs 49.00 USD per month.

Verdict

Choose Airwallex Corporate Cards if your team spends across currencies and wants card controls, expense visibility and accounting connections in one platform, with a useful free starting tier. Look elsewhere if physical company cards are essential or Grow’s team-size platform fee makes its advanced workflows poor value for your operating model.