What will xoom cost

Lacks some support channels. Card funding carries high fees. And your credit card issuer can also tack on additional costs, such as interest and cash advance fees. Xoom offers several ways to transfer money.

Payment options: Bank account, debit card or credit card — standard for many online providers. You can also pay using your PayPal balance. Compare transfer costs across multiple providers. There are two types of costs: upfront fee and exchange rate markup. Find the provider that has the cheapest combination of a low fee amount and the best exchange rate you can get. Usually online nonbank providers offer cheaper transfers than banks. Know how exchange rates work and how to find the best.

An exchange rate is the price of one currency in relation to another currency. For example, if you want to convert U. When you check the exchange rate for an international transfer with services like Western Union, focus on the foreign currency amount. The higher it is, the more money your recipient receives.

Avoid paying with a credit card. If you need money delivered quickly, use a debit card instead. A transfer paid by bank account directly tends to be a much slower transfer.

Wait, what's the mid-market rate, and what's a rate markup? The Xoom mobile app is equipped with biometric login and features our easy Slide-to-Send technology. Get the Xoom app. Step 2 : Download the free Xoom app. Step 3 : Start sending money and reloading phones to India wherever you go with a few taps and slides right from your mobile device.

We're committed to keeping your transaction secure by not sharing your financial information. Check out these links to learn more:. Learn more. Xoom moves your money fast, and keeps your security a top priority. Speed of money transfer service is subject to many factors, including:.

Accept Cookies. Accept Cookies Accept Cookies. Send Money Reload Pay Bills. A fast, easy way to send money to India How much do you want to send for cash pickup or bank deposit? Send amount. Receiving amount. Show Fees.

Send Now New to Xoom? Sign Up Now. Send for cash pickup and bank deposit to India. The power of PayPal at the speed of Xoom. How fast will my money get to India? How do I start sending money to India? Depending on where you're sending money, the exchange rate offered by Xoom may not be as forgiving as other apps or money transfer services.

For example, competitors like MoneyGram may offer better exchange rates. We looked at the exchange rates for sending USD to two different countries -- Mexico and Japan -- and in both cases, Xoom had a worse exchange rate than MoneyGram. It may be worth checking before you use Xoom to send money. If you want an app that focuses only on U. Transfers happen quickly, and you can fund payments via credit card, debit card, bank account, or your Venmo balance. It's free to send money with Venmo when using your Venmo balance, a debit card, or funding through your bank account.

But you may want to stick with Xoom if you need to send money internationally. If you want an app that offers better exchange rates: Wise is an alternative that is known for its excellent exchange rates -- they add no markup to the current exchange rate. This app also charges low transfer fees.

Wise has a cost calculator that shows all exchange rates and transfer fees -- so you'll know what to expect before you complete a transfer. Plus, you'll be shown competitor rates to see if you're getting the best deal with Wise. But you may want to stick with Xoom if you want faster transfers. Most transfers aren't instant with Wise.

Xoom is free to download but does charge fees. These fees vary depending on where you're sending money and how much money you plan to send. It also depends on how you're funding your money transfer. Using your bank account to fund your transfer is usually the cheapest option. You can expect to pay higher fees if you're using a credit card.

You should also be aware that your credit card issuer may charge a cash advance fee for this kind of transaction, meaning you'll pay even more in fees if you use a card. Xoom is an excellent choice for anyone who needs to send money abroad and wants the transfer to happen quickly. The app provides users with multiple delivery options, allows for various funding choices, and supports sending money to countries. While there are fees associated with sending funds through Xoom, this is a secure, reputable payments app that does exactly what you need it to do.

Natasha has been a freelance writer since She specializes in credit card and credit card rewards content. When not busy writing, she's either dreaming up her next credit card rewards redemption or traveling the globe. Her goal is to encourage more people to experience the world around them while making smart financial choices. The Ascent does not cover all offers on the market.

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