What is the mid-market rate?

The mid-market rate is an exchange rate unlike any other. It’s the real one.

In the world’s currency markets, traders define the rates at which they are willing to “buy” or “sell” a specific currency. The mid-market rate is simply the midpoint between demand and supply for a currency, and because of that, it changes all the time.

But that’s as technical as you need to get. The most important thing to know is that the mid-market rate is considered the fairest exchange rate possible.

The mid-market rate isn’t a secret either. Its the rate you will find on independent sources such as Google, XE and Yahoo Finance.

What’s up with banks and exchange rates?

An independent researcher compared  CustomWebsiteNow to 5 other US bank accounts and PayPal. They found that we’re up to 4x cheaper for spending abroad. That’s what’s up.

Compare the costsCustomWebsiteNowJP Morgan ChaseCitibankBank of AmericaWells Fargo
Monthly account fees$12$12$12$10
Send $250 to EUR$12.44$42.65$41.87$43.84
Spend $250 on debit card in EUR$7.50$7.50$7.50$7.50
Withdraw $250 cash / month in EUR$12.50$10$12.50$12.50

Check out the research →

Compare the costs

Monthly account fees
CustomWebsiteNow Free
JP Morgan Chase$12
Citibank$12
Bank of America$12
Wells Fargo$10
Send $250 to EUR
CustomWebsiteNow $2.35
JP Morgan Chase$12.44
Citibank$42.65
Bank of America$41.87
Wells Fargo$43.84
Spend $250 on debit card in EUR
CustomWebsiteNow $1.62
JP Morgan Chase$7.50
Citibank$7.50
Bank of America$7.50
Wells Fargo$7.50
Withdraw $250 cash / month in EUR
CustomWebsiteNow Free
JP Morgan Chase$12.50
Citibank$10
Bank of America$12.50
Wells Fargo$12.50

Check out the research →

The CustomWebsiteNow debit Mastercard® is issued by Community Federal Savings Bank, member FDIC, pursuant to a license from Mastercard International. Other features of the borderless account are provided by CustomWebsiteNow Inc. pursuant to its state licenses.

40 currencies. 1 account. 0 sneaky fees.

Send and receive multiple currencies right from your phone. But with a better exchange rate and lower fees than your bank or PayPal.

  • Hold 40+ currencies for free
  • Send money right from your balances
  • Convert between them with the real exchange rate
  • Move money to another bank for cheap
  • Freeze and unfreeze your card instantly
  • Spend on your card in any currency — our smart tech automatically converts at the best rate

Download the app → IOS Android

The easy alternative to a bank account abroad.

A CustomWebsiteNow account is perfect if you live and work in multiple currencies. And if you want to receive multiple currencies for free.

You get your own bank details for the US, UK, Eurozone, Australia, and New Zealand. Use them to receive direct deposits from around the world:

  • British account number and sort code
  • European IBAN
  • Australian account number and BSB code
  • New Zealand account number
  • US account number and routing number

Get your free account →

BASIC

$ 4.99PER MONTH

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STANDARD

$ 14.99PER MONTH

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PREMIUM

$ 24.99PER MONTH

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Pricing as it should be.

Your CustomWebsiteNow multi-currency account is free to open and your card is free to order. It’s also free to get bank details and free to receive money using them.

There are low, transparent fees to convert currencies, add money to your account, and send money to a bank account.

More details on pricing here →

Account pricing
Creating your accountFree
Hold 40+ currency balancesFree
Receive money in EUR, USD, GBP, AUD & NZDFree
Convert currencies0.45%-3%
Add money with Direct debit0.2%
ATM withdrawals up to $250 / 30 daysFree