12 Best corporate credit cards in Singapore (2026 guide)

Key Takeaways:

• Many corporate credit cards in Singapore come with rewards and travel perks, but also high annual fees, steep FX charges, and limited visibility over team spending.

• Fintech debit cards offer 0% foreign transaction fees, instant card issuing, and built-in spend controls — often at no annual cost — but vary significantly in how much expense management depth they offer.

• Airwallex Corporate Cards combine multi-currency spending in 20+ currencies, 0% foreign transaction fees, and built-in Expense Management, all without an annual fee.

The best corporate credit cards in Singapore give you more than spending power — they give you control. The right card determines how clearly you see every dollar your team spends, and how quickly you can act when something looks off.

In this guide, we compare 12 of the best corporate credit and debit cards in Singapore for 2026, covering fees, features, and what each card is actually built for.

What is a corporate card?

A corporate card is a payment card issued to a business rather than an individual. It lets employees pay for authorised work-related expenses — travel, meals, software subscriptions, supplier payments — without using personal funds or waiting for reimbursements.

Unlike personal credit cards, corporate cards are tied to the company's account. Finance teams get real-time visibility into spending, tighter control over budgets, and fewer out-of-pocket claims to process.

Corporate cards come in two main types, and the distinction matters when choosing the right one for your business.

Type 1: Credit cards

Corporate credit cards extend a line of credit to your business. You spend now and repay later, typically within an interest-free period. They often come with rewards (cashback, air miles, or points) and can help manage short-term cash flow.

The trade-off is cost. Annual fees, foreign transaction charges, and interest on unpaid balances can add up quickly, especially for businesses with high international spend.

Type 2: Debit cards

Corporate debit cards draw directly from your business account balance. There is no credit line, no interest, and no risk of carrying debt.

Many fintech providers offer multi-currency debit cards that let you spend from held balances in multiple currencies with 0% foreign transaction fees, making them a stronger fit for businesses that pay overseas suppliers or manage international teams.

How does a corporate card work?

Corporate cards can be issued by traditional banks or fintech providers, and the experience differs significantly between the two.

Banks typically require a separate application for every employee card. Depending on the institution, this can take days or weeks, and often involves paperwork, board resolutions, and audited financials.

Fintech providers like Airwallex work differently. Once your business is verified, you can create and assign virtual or physical cards instantly from your dashboard — no separate applications, no delays, no branch visits.

Modern corporate cards do far more than replace petty cash. Finance teams can assign cards to specific teams or projects, set custom spending limits, block certain merchant categories, freeze or unfreeze cards in real time, and see every transaction the moment it's made.

The real advantage comes when card spend feeds directly into your expense and accounting systems. With Airwallex, every payment syncs automatically with accounting software like Xero, QuickBooks, and NetSuite, so month-end reconciliation takes minutes, not days.

The top 12 corporate credit and debit cards in Singapore

Singapore businesses can choose from bank-issued credit cards and fintech debit cards — and the right fit depends on how your business spends.

To help you compare like for like, we've split the tables below by card type. These tables give you a quick overview, and we go into more detail on individual credit and debit cards later in the article.

Credit cards

Information in these tables has been verified as accurate as of 30 March 2026.

Debit cards

Information in these tables has been verified as accurate as of 30 March 2026.

What to consider when choosing the best corporate card for your business

Not all corporate cards are built for the same kind of business. Before you apply, work through these six questions to narrow down what you actually need.

1. Do you need credit or do you prefer to spend from your own funds?

This is the most important starting point. Credit cards give you a repayment window, which is useful if you need to smooth out cash flow or earn rewards on high-volume spending. But they come with interest rates, late payment fees, and the risk of carrying debt.

Debit cards draw from your account balance. There is no interest, no minimum payment, and no risk of accumulating debt. For businesses that want to keep spending within set budgets, debit cards are often the cleaner option.

2. How much do you spend in foreign currencies?

If your team pays overseas vendors, subscribes to SaaS tools billed in USD, or travels internationally, foreign transaction fees matter more than annual fees. A 3.25% charge on every overseas transaction adds up fast — far more than a S$200 annual fee on a card you use heavily.

Fintech debit cards from providers like Airwallex, Wise, and WorldFirst charge 0% on foreign transactions when you spend from held balances.¹ If cross-border spend is a regular part of your business, this is worth prioritising.

3. How quickly do you need to issue cards?

Traditional banks require separate applications for every employee card. Depending on the institution, this can take days or weeks and involves paperwork, board resolutions, and audited financials.

Fintech providers let you issue virtual or physical cards in minutes from a single dashboard. If you're onboarding a new team, expanding to a new market, or need cards in place quickly, this matters.

4. What level of spend control do you need?

Think about what happens after a card is issued. Can you set individual spending limits per employee? Can you block certain merchant categories — for example, restrict entertainment spend during a budget freeze? Can you freeze a card instantly if something looks wrong?

Basic bank cards offer consolidated billing and company-wide limits. Modern fintech cards go further: per-card limits, merchant category locks, multi-layer approval workflows, and real-time transaction alerts. If you're managing a team with varied spending needs, these controls are worth having built in rather than bolted on.

5. Do you need built-in expense management?

Chasing receipts and manually reconciling transactions at month-end is a time cost most finance teams would rather avoid. Some corporate cards include expense management as part of the package: receipt capture, approval workflows, and direct sync with accounting software like Xero, QuickBooks, or NetSuite.

Others offer only basic transaction reporting. If your team is growing or already managing spend across multiple people or entities, built-in expense management saves significant admin time.

6. Does the card fit into a broader financial platform?

A card is more useful when it connects to everything else your business needs: international transfers, multi-currency accounts, payment acceptance, and accounting integrations. Having all of this in one place means less time jumping between platforms and fewer errors from manual data entry.

If your business is growing internationally, look for a provider that can scale with you.

The top corporate credit cards in Singapore

1. DBS Visa Platinum Business Card

The DBS Visa Platinum Business Card is a solid starting point for SMEs that want a traditional credit card with basic expense tracking and rewards. It lets you extend supplier payments with up to 55 days of interest-free credit,² and earns 1 DBS Point for every S$5 spent — redeemable for vouchers, air miles, or a 0.4% cash rebate.²

It also comes with complimentary travel accident insurance of up to S$1 million per cardholder when airfare is charged to the card,² and employee misuse coverage of up to US$25,000 per cardholder for companies with two or more cards.²

The main limitations are cost and flexibility. A 3.25% foreign transaction fee applies on all overseas spend, and each new employee card requires a separate application. If your team makes frequent international payments or needs cards in place quickly, these friction points add up.

Worth knowing: The annual fee of S$196.20² is waived for the first year.

Fees:

• Annual fee: S$196.20 (incl. 9% GST)

• Foreign transaction fee: 3.25%

• Effective interest rate: 12% p.a.

• Late payment fee: S$45 per card

• Card replacement fee: S$21.60

2. UOB Signature/World Business Card

The UOB Signature/World Business Card offers rewards and travel perks for businesses that value a traditional bank credit card. You earn either a 0.3% cash rebate or UNI$1 for every S$5 spent on eligible purchases, and cardholders get complimentary travel and personal accident insurance of up to S$1 million.

The card also includes eCommerce purchase protection and access to UOB Dining Privileges across over 1,000 locations. Credit limits can be set per cardholder, giving you some control over individual spend.

Where it falls short is depth of control. There are no real-time merchant category restrictions, no instant card freezing from a dashboard, and no built-in expense management tools. For businesses that need tighter oversight across a growing team, these gaps become more noticeable over time.

Worth knowing: A 3% foreign transaction fee applies on overseas spend. The card requires a board resolution signed by all partners to apply.

Fees:³

• Annual fee: S$183.36

• Foreign transaction fee: 3%

• Effective interest rate: 27.8% p.a.

• Late payment fee: S$60

• Card replacement fee: S$20

3. OCBC Business Credit Card

The OCBC Business Credit Card is a straightforward business credit card from one of Singapore's major banks. It offers an interest-free period of 23 calendar days from the statement date⁴ and a minimum monthly payment of S$50 or 3% of the total balance, whichever is higher.

Its foreign transaction fee of 3.25% applies to all overseas spend — the same as most bank-issued cards on this list. There are no built-in multi-currency tools or virtual card capabilities, which limits its usefulness for businesses with regular international payments.

Worth knowing: Annual fee is S$196.20 (inclusive of GST). Late payment charge is S$100. Card replacement fee is S$25.

Fees:⁴

• Annual fee: S$196.20 (incl. GST)

• Foreign transaction fee: 3.25%

• Effective interest rate: 24% p.a.

• Late payment fee: S$100

• Card replacement fee: S$25

4. American Express Singapore Airlines Business Credit Card

The American Express Singapore Airlines Business Credit Card is built for businesses with frequent Singapore Airlines or Scoot travel. It earns up to 8 HighFlyer points per S$1 on eligible Singapore Airlines and Scoot flight bookings, and 1.2 HighFlyer points per S$1 on all other eligible spend. Points convert to KrisFlyer miles at a 1:1 rate, up to 150,000 miles per eligible account annually.

Beyond miles, it includes complimentary travel accident insurance of up to S$1 million, a complimentary ALL Accor+ Explorer membership worth S$299 each year, and Hertz Gold Plus Rewards privileges at over 10,000 locations in 145 countries.

The trade-off is cost. At S$400 per year and a 3.25% foreign transaction fee on every overseas payment, this card is one of the most expensive on this list. If your team's travel is predominantly on Singapore Airlines and Scoot, the rewards can offset the cost. If not, the numbers are harder to justify.

Worth knowing: The first two supplementary cards are permanently fee-free. Priority Pass lounge access was removed with effect from 23 April 2025.

Fees:⁵

• Annual fee: S$400 (incl. 9% GST)

• Foreign transaction fee: 3.25%

• Effective interest rate: 26.90%–29.99% p.a. (compounded)

• Late payment fee: S$100

• Card replacement fee: Not stated

5. Citi Corporate Card

The Citi Corporate Card suits businesses that want a mainstream credit card with rewards flexibility. You can earn Citi ThankYou Points or up to 0.5% cashback on eligible spend, with cashback awarded on a tiered model based on your company's qualifying annual total spend.

The card comes with up to 55 days interest-free credit, complimentary corporate liability waiver insurance covering up to US$25,000 per cardmember against employee card misuse, and access to Citi World Privileges deals.⁶

The rewards tier structure means smaller businesses may only qualify for the lower 0.3% cashback rate. And like other bank cards, the 3.25% foreign transaction fee makes it expensive for businesses with regular overseas spend.

Worth knowing: Annual fee is S$150 per card (excluding GST), with a one-year fee waiver. Card replacement fee is waived.

Fees:⁶

• Annual fee: S$163.50 (incl. 9% GST); waived for year one

• Foreign transaction fee: Up to 3.25%

• Effective interest rate: 27.9% p.a.

• Late payment fee: S$100

• Card replacement fee: Waived

6. Maybank Business Platinum Mastercard

The Maybank Business Platinum Mastercard is a competitive option for established SMEs that value rewards and a longer fee waiver period. It earns 1 TREATS Point for every S$1 spent, redeemable for KrisFlyer miles, cash credits, or donations. It also includes complimentary travel insurance of up to S$1 million when air tickets or travel packages are charged in full to the card.⁷

The two-year annual fee waiver makes the upfront cost lower than most bank credit cards on this list — a meaningful advantage for businesses watching their fixed costs.

The eligibility bar is higher than average: your company must have been in operation for at least two years with an annual sales turnover of at least S$200,000. The foreign transaction fee of up to 3.25% applies on overseas spend, so it is not suited for businesses with heavy international payments.

Worth knowing: Late payment charge is 5% of the minimum monthly repayment or S$50, whichever is higher — a different structure from the flat fees most other cards charge.

Fees:⁷

• Annual fee: S$196.20 (first 2 years waived)

• Foreign transaction fee: Up to 3.25%

• Effective interest rate: 27.9% p.a.

• Late payment fee: 5% of minimum monthly repayment or S$50, whichever is higher

• Card replacement fee: Not stated

The top corporate debit cards in Singapore

1. Airwallex Corporate Cards

Airwallex Corporate Cards are multi-currency Visa debit cards built for businesses that need to manage spend across borders without racking up fees. You pay directly from held balances in your Airwallex multi-currency wallet, without any FX fees or hidden FX markups. If you don't hold the required currency, Airwallex auto-converts at market-leading rates.

Cards come in two types:

• Company Cards are virtual and suited for shared expenses like software subscriptions and ad spend. 

• Employee Cards can be issued as virtual or physical and are designed for individual team members — each with their own card details, spending limits, and real-time transaction visibility.

What sets Airwallex apart from most cards on this list is the depth of spend control built into the platform. You can set daily, weekly, monthly, or annual limits per card, freeze or cancel instantly, and automate multi-layer approval flows — all from a single dashboard. Every transaction syncs directly with accounting software including Xero, QuickBooks, and NetSuite.

Worth knowing: Airwallex is more than a card: it connects to Global Accounts for receiving funds in 20+ currencies, international transfers, payment acceptance, and expense management, all in one platform.

Fees:¹

• Annual fee: S$0

• Foreign transaction fee: 0%

• Card issuance fee: S$0

2. Wise Business Card

The Wise Business Card is a debit card linked to a Wise Business Account, designed for businesses that make frequent international payments. You can hold and spend in 40+ currencies and pay with the real exchange rate at the point of purchase — no foreign transaction fees when spending from held balances.

You can issue virtual cards instantly and create team cards with individual spending limits. The card is compatible with Apple Pay and Google Pay, and you get real-time spending alerts and the ability to freeze the card from the Wise app.

The main limitations are depth and cost. There are no cashback rewards on the Wise Business Card. Expense management tools are basic compared to fintech platforms with built-in approval workflows and accounting integrations.

And unlike Airwallex, there is a one-time setup fee of S$99 to access local account details and receive funds in multiple currencies, plus S$4 per physical card.

For more, see our full review of the Wise Business Card.

Fees:⁸

• Fee to unlock local account details: S$99 (one-time)

• Physical card fee: S$4 per card

• Foreign transaction fee: 0% from held balances

• ATM withdrawals: Free up to S$350/month; then 1.75% + S$1.50 per withdrawal

• Currency conversion: From 0.43%

• E-wallet top-ups: 2% for certain currencies

3. Revolut Corporate Card

The Revolut Corporate Card is a multi-currency debit card available in virtual and physical formats. On the Basic (free) plan, the first plastic card per authorised person is delivered free, and you can hold up to 50 virtual cards per authorised person at a time.

Revolut provides a free foreign exchange allowance of S$1,500 per month. Beyond that, a 0.6% fee applies — and an additional 1% applies if you exchange outside of market hours. ATM withdrawals outside Singapore carry a 2% fee.

The core limitation of Revolut Business is its plan structure. Many useful features — higher FX allowances, more cards, and priority support — sit behind paid plans. As your business grows, you may find yourself upgrading to unlock what you actually need. For a detailed comparison, see our Revolut vs Airwallex guide.

Fees:⁹

• Monthly plan fee: S$0 (Basic plan)

• Card delivery fee: From S$9.99 per additional card

• Foreign transaction fee: 0% within S$1,500/month FX allowance; 0.6% beyond; additional 1% outside market hours

• ATM withdrawal fee: 2% on withdrawals outside Singapore

4. Aspire Corporate Card

The Aspire Corporate Card is a debit card aimed at startups and small-to-mid-sized businesses that want a no-fee card with expense management included. You can issue up to 200 virtual cards to your team (Basic plan), set spend limits and approval policies, and automate receipt collection — all from the Aspire dashboard.

Cards sync with major accounting software, and you earn 1% cashback on digital marketing and SaaS spend. You can spend directly in SGD or USD to avoid FX fees, with more currencies coming.

For a detailed comparison, see our Aspire vs Airwallex guide.

Fees:¹⁰

• Annual fee: S$0

• Card issuance: First card free per user; S$15 per additional card

• FX conversion: From 0.22% (instant conversion)

• ATM withdrawal: S$5 per overseas withdrawal (excl. bank processing fees)

• Cashback: 1% on digital marketing and SaaS spend

5. YouBiz Corporate Card

The YouBiz Corporate Card is issued by YouTrip's business arm and designed for Singapore SMEs that want a simple, low-cost way to manage corporate spend across currencies. You get unlimited 1% cashback on every purchase with no minimum spend or cashback cap, and 0% FX fees on card spend.

The YouBiz Business Account supports nine currencies, letting you hold and pay in SGD, USD, EUR, GBP, JPY, HKD, AUD, CHF, and THB without conversion costs. You can issue unlimited virtual and physical cards to your team.

Where YouBiz is more limited is in platform scope. It does not offer a payment gateway for accepting customer payments, and international transfers via the platform carry SWIFT fees. For businesses that need payments acceptance or more than nine currencies, you may need to supplement with additional tools. 

For a full breakdown, see our YouBiz vs Airwallex comparison.

Fees:¹¹

• Annual fee: S$0

• Foreign transaction fee: 0%

• Card issuance fee: No fee

• Currency conversion fee: 0% (mid-market rates)

• Cashback: 1% unlimited on all spend

6. WorldFirst World Card

The WorldFirst World Card is a virtual Mastercard debit card linked to the WorldFirst World Account. It is designed for businesses that make frequent cross-border payments and want to reduce FX costs on international spend. You can pay in 16 major currencies with 0% FX fees when spending from held balances, and make card transactions in 150+ currencies across 210+ countries and territories.

You can create multiple virtual cards tailored to your company's structure or department budgets, with real-time spend controls and the ability to freeze or cancel cards instantly. Every transaction is verified with 3D Secure (3DS) for added security.

The card earns up to 1.2% unlimited cashback on all monthly card purchases — one of the higher cashback rates among fintech cards in Singapore. Setting up a World Card is free, and there is no annual fee.

Worth knowing: Physical cards, Apple Pay, Google Wallet, and employee cards are currently listed as coming soon. The World Card is currently virtual only.

Fees:¹²

• Annual fee: S$0

• Card issuance fee: Free (virtual)

• Foreign transaction fee: 0% on 16 major currencies from held balances

• Cashback: Up to 1.2% unlimited on eligible monthly spend

• Card replacement fee: Not stated

Take control of your global spend with Airwallex Corporate Cards

Most corporate cards solve one problem, which is giving employees a way to pay. Airwallex Corporate Cards are built to solve the whole picture: how you issue cards, how you control spend, how you reconcile expenses, and how it connects to the rest of your financial operations.

How Airwallex Corporate Cards work

Cards are free to create and ready to use immediately. You pay directly from held balances in your Airwallex multi-currency wallet, spending in multiple currencies with 0% foreign transaction fees and no hidden FX markups. If you don't hold the currency you need, Airwallex auto-converts at market-leading rates.

Every card comes with controls that let you manage exactly how it's used. You can:

• Set daily, weekly, monthly, quarterly, or annual spend limits per card

• Block specific merchant categories

• Build multi-layer approval workflows so managers sign off before spend happens

• Freeze or cancel any card instantly — without affecting others

Built-in expense management

Expense management is built in, not bolted on. Employees can submit expenses, capture receipts, and route approvals through one platform. Every transaction syncs directly with Xero, QuickBooks, and NetSuite — so your books close faster and with fewer errors.

One platform that’s fully connected

The real strength is how everything connects. Your Corporate Cards draw from the same Global Accounts you use to receive funds in 20+ currencies. Your international transfers, payment acceptance, bill payments, and expense management all run from one dashboard. You spend less time switching between tools and more time running your business.

How to apply for Airwallex Corporate Cards

You don't need to submit a separate application for every employee. Once you open an Airwallex Business Account, you can issue cards to your whole team from a single dashboard.

Here's how to get started:

Step 1: Open an Airwallex Business Account 

Create an account online at no cost. The process takes a few minutes.

Step 2: Verify your business 

Provide your business registration details and supporting documents — including your ACRA Business Profile, identification for directors and ultimate beneficial owners, and proof of address. Everything can be uploaded online. No branch visit required.

Step 3: Issue your Corporate Cards 

Once your account is verified, contact your Airwallex Account Manager to enable Cards. Add funds to your account and you can immediately issue virtual or physical cards to your team.

Frequently asked questions (FAQs)

What is the difference between a corporate credit card and a personal credit card?

A corporate credit card is tied to your business, not your personal finances. It is designed for company expenses, and often comes with tools to track and control how money is used — such as consolidated billing, individual card limits, and expense reporting. Personal credit cards do not offer that level of oversight and are not built for commercial use.

What is the difference between a corporate credit card and a corporate debit card?

A corporate credit card extends a line of credit — you spend now and repay later, typically within an interest-free window. A corporate debit card draws directly from your business account balance, so there is no interest, no minimum payment, and no risk of carrying debt. Debit cards are often the better fit for businesses that want to keep spending within fixed budgets and avoid interest charges.

What should I look for in the best corporate credit cards in Singapore?

Start with how your business actually spends. If you have frequent overseas transactions, foreign transaction fees matter more than annual fees. If you need to issue cards quickly across a team, look for providers that let you do this without lengthy paperwork. Other factors worth comparing are spend controls, built-in expense management, cashback or rewards alignment with your spending categories, and whether the card connects to your accounting software.

Are corporate credit cards suitable for Singapore SMEs and startups?

Yes, but eligibility criteria vary significantly. Bank-issued credit cards typically require a minimum annual income, two or more years of operating history, and audited financials. Fintech debit cards from providers like Airwallex, Aspire, and YouBiz tend to have simpler requirements and fully online application processes, making them more accessible for early-stage businesses.

What documents do I need to apply for a corporate card in Singapore?

Requirements vary by provider, but most banks ask for your ACRA Business Profile, audited financials for the last two years, Notice of Assessment for directors, and NRIC or passport copies for directors and cardholders. Fintech providers typically require lighter documentation — usually your business registration details, director identification, and proof of address — all submitted online.

Is a corporate debit card safer than a corporate credit card for managing team spend?

Both can be managed safely with the right controls in place. Debit cards limit spending to your available balance, which removes the risk of debt. Credit cards offer an interest-free window that can help manage cash flow. Either way, the key controls to look for are per-card spending limits, merchant category restrictions, real-time transaction alerts, and the ability to freeze or cancel cards instantly.

Sources:

1.  https://www.airwallex.com/sg/spend-management/cards

2. https://www.dbs.com.sg/sme/day-to-day/business-cards/dbs-visa-business-platinum-card

3.  https://www.uob.com.sg/business/transact/cards/uob-business-card.page

4. https://airwallex-be.glean.com/api/v1/downloadchatfile/0b3f8375bf994ffc928deac17676bd78

5. https://www.americanexpress.com/en-sg/business/business-card/airlines-business-credit-card/

6.  https://www.citibank.com.sg/credit-cards/commercial-cards/citi-corporate-card/

7. https://www.citibank.com.sg/global_docs/pdf/Citi_Commercial_Cards_Programme_Agreement.pdf

8. https://www.maybank2u.com.sg/en/personal/cards/credit/maybank-business-platinum-mastercard.page

9.  https://wise.com/sg/business/card

10.  https://www.revolut.com/en-SG/legal/business-basic-fees/

11.  https://aspireapp.com/corporate-card

12.  https://aspireapp.com/pricing

13.  https://www.you.co/biz/

14.  https://www.worldfirst.com/sg/product/pay/world-card/

15.  https://www.airwallex.com/sg/blog/what-is-a-virtual-card-how-they-work

16.  https://www.airwallex.com/sg/blog/wise-card

17.  https://www.airwallex.com/sg/blog/comparison-aspire-vs-airwallex

18.  https://www.airwallex.com/sg/blog/youbiz-business-account

19.  https://www.airwallex.com/sg/blog/comparison-revolut-vs-airwallex

20.  https://www.airwallex.com/sg/business-account/global-accounts

21.  https://www.airwallex.com/sg/business-account/transfers

This publication does not constitute legal, tax, or professional advice from Airwallex, nor does it substitute seeking such advice, and makes no express or implied representations / warranties / guarantees regarding content accuracy, completeness, or currency. If you would like to request an update, feel free to contact us at [[email protected]]. Airwallex (Singapore) Pte. Ltd. (201626561Z) is licensed as a Major Payment Institution and regulated by the Monetary Authority of Singapore.