Euro was on Saturday and TRY on Monday.
I’m not sure if the worse exchange rates (+1%) apply to card transactions too.
After about 100 transactions in different currencies I can say that in 9 of 10 transactions Transferwise was cheaper than Neon (How did I compare? Always paid with Neon but at the same time and instantly checked on TW how much they would have charged me. The final amount on Neon then is only visible after a few days). Therefore, I definitely keep sticking to Transferwise for foreign transactions. (this is just my experience)
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Did you check for a wire transfer or for a payment with their card? Genuinely interested!
I only checked for payments (online payments or payments at a check account counter abroad in a foreign country), no wire transfer.
Don’t know how it is with wire transfer. I assume the exchange rate that TW applies is the same with both, i.e. wire transfer or payment. Maybe the fees are different. And with Neon I have no idea but I assume that they don’t apply the credit card exchange rate but the bank exchange rate (Hypothekarbank Lenzburg) which, I bet, is surely less favourable than the former. This is why I definitely never will do a wire transfer with Neon.
PS: Maybe you meant something else: I checked immediately on the TW app how much I would get in CHF for the price I paid in the forreign currency, i.e. if I exchange the money within my TW accounts (e.g. 20 USD from my TW USD-account to my TW CHF-account).
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They quite state they‘re applying Mastercard rates for card payments - though not for wire transfers, which carry a fee.
Yes - in case of wire transfer - I am pretty sure that also here TW would be cheaper. This is why I have never made a wire tranfer with Neon (to/from a foreign currency account). I even don’t dare to try since I guess the outcome will be quite clear 
Wouldn’t it be great if there was an app or website which shows you what credit card is the best to use for any given transaction? Put together some business idea here:
I have to make a bank wire to Italy (~600€) to a standard IT Iban.
What is the best way between Neon, Revolut, Wire to minimize fees?
Thanks!
Revolut in terms of fees, if you haven’t spent you monthly free FX allowance yet.
EDIT: wait… are SEPA transfers still free with them, if you don’t live in the EUR zone?
Thanks! My limit has been reset yesterday, so all good for that!
For SEPA, no ideas! Never tried it before. How much could it be? Like <1€?
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Yes, I do them very often. Euro transfers from Revolut to Sepa enabled accounts are free.
SEPA is not equal to Euro zone and includes Switzerland.
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Thanks. That’s what I remembered though I wasn‘t 100% sure (since they’ve begun charging for GBP domestic transfers for instance).
If Revolut transfers from a GB EUR account though, that’s a reason why the Italian bank may charge for the incoming SEPA payment (more than they do for intra-EEA payments).
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Be careful with that because some (even significant) money might get “stolen” by some not better specified middleman… I’ve had this unpleasant experience a couple of times transferring EUR from an EUR CH account to an EUR Italian account thorough SEPA
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Are you sure it was the middlemen?
As far as I know, they shouldn’t, since the amount should be credited to the receiving bank in full with a SEPA bank transfer.
I agree that in theory it should work like that, fact is that upon research my bank confirmed that they had withheld only the fix SEPA amount (I think it was 0.30 EUR) and the receiving bank claimed they had gotten like 50 or 60 EUR less (of ca. 10 kEUR - last time I tried it was 2013 IIRC).
My bank provided the transaction reference number to the receiving bank so that they could further investigate the whole progress of the transaction and all the involved intermediaries… the receiving bank didn’t show to be very collaborative and they just said the missing amount had to be provided by myself… which I decided to do in order to receive the service I was paying for…
2013? That sounds more like the payment wasn’t properly processed as a SEPA transfer but through SWIFT instead. Shouldn’t happen anymore today - only payment provider I’ve heard that occasionally happening was Revolut not too long ago.
In any case, the Italian bank can charge additional fees.
If it’s important that a desired amount be credited in full to the beneficiary account, Wise should be most reliable - since they’re in Belgium (or using Estonia’s LHV pank as an intermediary), so the SEPA transfer will only happen within the EU.
Neon’s international payments are done through an interface to Wise - so basically the same thing, though at an additional “convenience fee”…
…but of course “most reliable” wasn’t the question here. 
Thanks to all of you guys (@weirded , @San_Francisco , @Dr.PI ). I tried with revolut (SEPA), all good and 0 fees!
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I’ve switched to Neon instead of Revolut for a while now, and much prefer the current setup. Like for most, my use-case is mainly to use the card to hold our shopping (CH/FR) and holiday budget on a monthly basis. I no longer have to worry about limits, weekend surcharges and changing currencies in advance. I know I get a fair rate (even if not always the absolute best) and accept to sacrifice some optimization for ease of use. For exceptional/large transfers to foreign FX I’d probably still consider checking the competition, using Monito or checking it myself.
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