Software Alternatives & Startups

Wise VS LastPass

Compare Wise VS LastPass and see what are their differences

Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Rating
0 reviews
LastPass

LastPass is an online password manager and form filler that makes web browsing easier and more secure.

Rating
0 reviews
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Wise might be a bit more popular than LastPass. We know about 24 links to it since March 2021 and only 22 links to LastPass.

social mentions
24 vs 22
Online Payments popularity
100% vs 0%

Base details

Website, pricing, platforms and company facts side by side.

Wise
LastPass
Website wise.com lastpass.com
Pricing —
Company Startup from the United Kingdom —
Listed in

Features and specs

What each product offers, as listed by its team.

Wise 6 features
LastPass 6 features
  • Low Fees
    Wise offers competitive and transparent fees compared to traditional banks and many other money transfer services.
  • Real Exchange Rates
    Wise uses the mid-market exchange rate, meaning users get the real exchange rate without any hidden markups.
  • Fast Transfers
    Many transfers through Wise are processed quickly, often within a few hours or a day, depending on the destination country and payment method.
  • Multi-Currency Accounts
    Users can hold and manage money in multiple currencies with Wise's Borderless Account, making it easier for those who deal with international payments regularly.
  • Transparent Pricing
    Wise is upfront about their fees and the total cost of a transfer, so users know exactly how much they'll pay and how much the recipient will receive.
  • User-Friendly Interface
    Wise offers a clean and intuitive application and web interface, making it easy for users to navigate and complete transactions.

Possible disadvantages

  • Limited Customer Support
    Wise's customer support is primarily online, and some users report difficulties in reaching live assistance or having slow response times.
  • Transfer Limits
    There are limits on how much money can be transferred in a single transaction or over a period of time, which might be restrictive for some users.
  • Lack of Physical Locations
    Unlike traditional banks, Wise doesn't have physical branches, which can be an inconvenience for those who prefer in-person banking services.
  • Verification Process
    New users or those making large transfers may have to go through a lengthy verification process, which can delay the initial transaction.
  • Not Available in All Countries
    Wise does not operate in every country, limiting its accessibility for some users looking to send or receive international payments.
  • Occasional Delays
    While generally fast, some transfers may experience delays due to various factors, such as banking hours, holiday schedules, or compliance checks.
  • Security
    LastPass uses strong encryption algorithms (AES-256 bit) and offers multi-factor authentication to ensure your data is secure.
  • Convenience
    It automatically fills in login details for websites and apps, which saves time and reduces the need for manual entry.
  • Cross-Platform Support
    Available on multiple platforms including browsers, mobile devices, and desktops, allowing you to sync passwords across all your devices.
  • Password Generator
    Offers a built-in password generator to create strong, unique passwords for each of your accounts.
  • Sharing Features
    Enables you to securely share passwords and notes with others, which is useful for team collaboration.
  • Vault Audit
    Provides security checks and audit reports to help you identify weak, reused, or compromised passwords.

Possible disadvantages

  • Cost
    The premium version requires a subscription fee, which may be a drawback for some users compared to free alternatives.
  • Occasional Bugs
    Users have reported occasional bugs and performance issues, particularly with browser extensions.
  • Data Breaches
    LastPass has experienced data breaches in the past, which may concern users about the overall security of their data.
  • Complexity
    The multitude of features may be overwhelming for new users or those looking for a simple password manager.
  • Customer Support
    Some users report that customer support can be slow or unhelpful in resolving issues.
  • Privacy Concerns
    Privacy-minded individuals might be concerned about storing all passwords in one place, despite the strong encryption methods.

Analysis

An editorial look at what each product does well and who it suits.

Wise
LastPass

Overall verdict

  • Overall, Wise is highly regarded as one of the top options for international money transfers. It is praised for its transparency, cost-effectiveness, and ease of use, making it a preferred choice for many users.

Why this product is good

  • Wise is considered a reliable and efficient service for international money transfers due to its transparent fee structure and competitive exchange rates. The platform uses a mid-market exchange rate with no hidden fees, making it a popular choice for individuals and businesses looking to transfer money across borders. Additionally, Wise is known for its user-friendly interface and fast transfer speeds.

Recommended for

  • Individuals needing to send money abroad frequently.
  • Expats living in foreign countries who need to transfer money to home accounts.
  • Freelancers and remote workers receiving payments from international clients.
  • Businesses conducting international transactions.

Overall verdict

  • LastPass is generally considered a good option for password management, particularly for those looking for ease of use and comprehensive features. However, recent security concerns and breaches have prompted some users to consider alternative solutions. Users should weigh the benefits against any security issues and monitor developments regarding the service's security practices.

Why this product is good

  • LastPass is known for its user-friendly interface, offering strong password generation and storage solutions. It provides features such as secure password sharing, multi-factor authentication, and cross-platform synchronization, which are beneficial for both personal and professional use. LastPass also encrypts user data locally before syncing it to the cloud, enhancing security.

Recommended for

  • Individuals seeking a user-friendly password management solution
  • Small to medium-sized teams needing secure password sharing
  • Users requiring cross-device accessibility
  • Security-conscious users willing to follow security advisories closely

Videos

Walkthroughs and reviews on video.

Wise 3 videos + Add
LastPass 3 videos + Add

TransferWise Review - 3 Must Knows (2020)

More videos

  • - TransferWise in detail
  • - Transferwise Review

LastPass Password Manager Review

More videos

  • - LastPass Review - Most Honest Review? Which Tier is It?
  • - How LastPass Works - Keeping your Passwords Safe in 2018! | The Tech Chap

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Wise
LastPass
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

Share your experience with using Wise and LastPass. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Wise no reviews yet
LastPass no reviews yet

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Wise 24 mentions
LastPass 22 mentions
  • Which bank in vietnam have the lowest fee for overseas remittance?
    I don't think you need to be a holder of both. I put my mom on my Wells Fargo account and she sent to my account. There is also https://wise.com/us/ . This one I have used to send to someones account in Vietnam. It does have slightly... Source: over 3 years ago
  • We are happy to welcome you to Auction 88 — Coins of The World.
    They invoice in Euros (Czech Republic) so also be aware of fees on payments. I've successfully used TransferWise (https://wise.com/us/). Source: over 3 years ago
  • Recommend me a first credit card with 0 foreign tx fee
    It's not a credit card. It's just a way to convert currency w/o a fee. https://wise.com/us/. Source: over 3 years ago

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  • How To Manage Secrets In Terraform Like A Pro
    Now if you decide to use environmental variables, you must have a strategy for storing and managing your secrets. The most popular way of doing this is by using password managers. Password managers like LastPass or 1pass are efficient... - Source: dev.to / over 3 years ago
  • Best password manager for Windows, MacOS, and iOS today?
    I did. I could not find anything in the browser add-on or in the app. However, after logging into lastpass.com, I am able to select Advanced settings on the left panel and choose Export. Source: almost 4 years ago
  • RMS: Don't encourage people to use Melpa, ELPA does not cooperate with us
    Melpa does contain helm-lastpass which encourages or interacts with lastpass.com through lastpass-cli (GPLv2), lastpass is a non-free cloud platform. Source: about 4 years ago

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Alternatives to Wise and LastPass

When comparing Wise and LastPass, you can also consider the following products.