Float vs. Wise: What’s the Difference?

Issue corporate cards in USD and CAD and automate receipt collection — plus earn 4% interest.

Instantly create free virtual and physical corporate cards in CAD or USD

Software automatically matches and reconciles transactions and receipts

Pay vendor bills Globally and earn 4% interest on CAD and USD

Trusted by 1,000s of leading Canadian companies.†

Compare Float vs Wise

Purpose built for Canadian companies
Unlimited virtual and physical cards in CAD and USD*
Earn 1% cashback on all spend over 25K
Automatic receipt capture via text or app
Accounting software integration
Fast and free employee reimbursements
Global Bill Payments with Approvals and Controls
Real-time reporting and analytics dashboard
Foreign Currency Exchange
Multi-currency Accounts

*For Professional plan members. Essential members get unlimited virtual cards and 20 physical cards.

Why Canadian Businesses choose Float over Wise?

Close your books up to 8x faster

Eliminate expense reports with our automatic receipt collection and matching software. 1-click export to your accounting platform makes for a speedy month-end.

Smartest corporate card with 1% cashback*

Manage spending on a per-card basis with proactive controls that enforce company expense policies. Float automatically categorizes expenses and assigns the proper GL code.

Global bill pay and automated invoice tracking

Float integrates with QBO & Xero and supports custom exports into Netsuite & Sage. Plus, Float directly integrates with Canadian banks.

Issue Cards in CAD and USD and avoid FX fees

Float’s virtual and physical cards are issued in natively in CAD and USD currencies to avoid FX fees on cross-border spending.


Connect your Canadian or a US bank account and let transactions settle in the currencies that you spend in.

Learn more about Float’s multi-currency corporate cards →

Save 7% of your total spend

Float is the only platform that helps companies save 7% of their total spend from time savings at month-end to productivity gains across the company and earnings that are anything but a bank.

Enjoy 1% cashback on card spend, 4% interest on cash balances, and lower FX fees.

Learn more about Float’s Cashback and Savings →

Close books 8x faster

Float’s corporate cards are tied to our smart spend management software. Transactions are automatically matched and assigned to your custom expense policies and GL codes.

Employees are prompted to easily text, email, or upload receipts directly to Float in real-time.

At month-end, review your transactions and 1-click export to your accounting software. It’s that easy.

Learn how Float customers close the books up to 8x faster →

The Smartest Expense Report Ever

Float’s AI-powered OCR automatically captures receipt details and generates the expense report – no manual data entry required from your team.

Approve, Sync and initiate employee Payouts directly from Float to save time and money when processing mileage or reimbursements requests.

See Float’s Reimbursements & Mileage product →

Why Athennian switched to Float

“The receipt capture feature has played a big role in improving receipt compliance to close to 100% and enhancing the overall accuracy of our accounting.”

Zach Hill
Director of Finance, at Athennian