I have had a Wise virtual card for around two weeks. So far I have not been able to make on line payments, draw cash from an atm or make a purchase in a shop. It has therefore been completely useless. And yes I do have all the sttings correct.
It is a requirement for most UK banks that you are uk resident to have an account. I made three monthly swift payments to Thailand and even though I have a UK address my account was closed. I opened another while in the UK and I am very careful not to give them the idea I live in Thailand. All transfers are made through Wise so my bank has no idea where they go.