A look at the top virtual credit cards in Singapore for personal and business spending.
Key takeaways
- A virtual credit card (VCC) is a digital card used for online payments that keeps your physical card details private
- DBS, HSBC, UOB and Standard Chartered each offer virtual credit cards for personal, business and corporate spending
- World Card by WorldFirst is a virtual debit card linked to a multi-currency account, that supports payments in 150+ currencies
Virtual credit cards are available for online purchases, subscriptions and international spending. Issuance speed, eligibility, card details and other features vary between different providers.
This guide covers four virtual credit cards from DBS, HSBC, UOB and Standard Chartered. It also looks at the World Card by WorldFirst, a different type of payment card: a virtual debit card linked to a multi-currency account.
What is a virtual credit card?
A virtual credit card is a digital version of a traditional credit card, generated online or in a mobile app. It comes with a card number, expiry date and CVV, and works as an online credit card at checkouts accepting those details.
To understand how to use a virtual credit card, access the card details through your issuer’s app or online banking, then follow the authentication steps required for your transaction.
What to look for in a virtual credit card
Virtual credit cards differ on the following:
- Issuance speed: Check when virtual-card details become available, as the timing can vary based on the provider and eligibility criteria of the customer
- Card type and eligibility: Decide whether you need a personal card or a corporate virtual credit card issued in the company name. Personal cards are approved on income, age and credit history, while corporate requires business registration
- Fees and rewards: Look beyond the annual fee, compare interest on outstanding balances and foreign transaction charges. Reward structures vary, and terms and conditions apply
- Acceptance: Check whether the card uses Visa or Mastercard and supports Apple Pay, Google Pay or Samsung Pay. Some cards require 3DS-enabled merchants
Top virtual credit cards in Singapore
1. DBS Virtual Cards for corporate spending
DBS Virtual Card is a corporate virtual credit card that centralises corporate travel expenditure, issued in the company name rather than to employees.1
Businesses can set transaction limits and restrict spending to travel categories such as airfares, hotels, travel agencies and car rental.4 The DBS virtual credit card includes Travel Accident Insurance of up to S$1 million on the airfare, and card misuse cover of up to USD 25,000 per cardholder.4
| Fee type | DBS Virtual Card |
|---|---|
| Annual fee | Zero4 |
| Interest | Not disclosed4 |
| Eligibility | 21 years and above, with corporate onboarding4 |
Fees checked in August 2026
2. HSBC Virtual Card
HSBC Virtual Card supports both business and personal spending. Business cards generate unique pre-authorised account numbers for supplier payments, with single and batch payment options. They also offer procure-to-pay integration and transaction-level controls.⁵
Business cards are managed through MiVision, HSBC’s online management platform.⁵ For personal cards, the virtual card is issued automatically to the primary cardholder once the credit card application is approved.¹ It remains available for online transactions and mobile wallet payments until the physical card is activated.¹
|
Fee type |
HSBC Virtual Card |
|---|---|
| Annual fee | Business: HSBC Commercial Bank Tariff. Personal: as per underlying credit card 1,5 |
| Interest | Up to 53 interest-free days on business card, then per the underlying card5 |
| Eligibility | HSBC commercial card customers. Personal cards go to primary cardholders on approval1,5 |
Fees checked in August 2026
3. UOB Instant Digital Card
UOB Instant Digital Card is not a separate card product. It is a digital version of an eligible UOB credit card, issued through UOB Mighty so eligible existing UOB cardholders can use the card digitally without waiting for a physical card.4
Existing UOB Principal Cardmembers with Internet Banking on Android can apply for one of four cards and receive the digital version immediately: the rebate-led UOB One Card and UOB YOLO, the UOB PRVI Miles World Mastercard for air miles, and the UOB Delight Card for everyday essentials.4
| Fee type |
UOB Instant Digital Card |
|---|---|
| Annual fee | Depends on the card you get
S$85.60 Delight; S$192.60 One and YOLO; S$256.80 PRVI Miles, incl GST, first year waived |
| Interest | Follows the underlying credit card6 |
| Eligibility | UOB Principal Credit Cardmembers with Internet Banking, on Android6 |
Fees checked in August 2026
4. Standard Chartered Visa Infinite
Standard Chartered Digital Credit Card is a virtual version of the personal credit card, including the Visa Infinite Credit Card, issued to principal cardholders on approval.3 You have 15 calendar days to activate it, and it stops working once the physical card is activated.3
Once activated, it supports digital credit card retail transactions, purchases authenticated by a one-time password and payments through Apple Pay, Google Pay or Samsung Pay.3 It also includes complimentary priority pass lounge visits and travel insurance of up to S$1 million.7
| Fee type | SC Visa Infinite Credit Card |
|---|---|
| Annual fee | S$550 excluding GST, or S$599.50 including 9% GST, strictly non-waivable7 |
| Interest | 27.9% per annum, charges at 0.076% daily on overdue amount7 |
| Eligibility | 21-65 years, minimum annual income S$150,000 |
Fees checked in August 2026
The World Card: a virtual debit card and business payment card
World Card is a Mastercard-powered virtual debit card and business payment card linked to the World Account, a multi-currency account that allows you to hold 20+ currencies.
Word Card supports payments in 150+ currencies wherever Mastercard is accepted. One World Account can issue up to 20 business virtual cards, each with its own spending limit. When you make payments in any of the 15 supported currencies, there are no foreign exchange fees (as long as you have sufficient balance). Apple Pay and Google Pay are available, while Xero and NetSuite integrations support accounting workflows. Cashback is also available on spending (T&C Apply)
| Fee type | World Card |
|---|---|
| Annual fee | Zero |
| Interest | Not applicable |
| Eligibility | World Account holders |
Fees checked in August 2026
FAQs
1. How do I apply for a virtual credit card in Singapore?
To apply for a virtual credit card, submit an application to the issuing bank online or in its app. Requirements vary by provider, and usually include proof of income, identification and a credit assessment.
2. What is the difference between a virtual credit card and the World Card?
A virtual credit card uses an approved credit line, with interest charged on outstanding balances. The World Card uses funds already held in the World Account, so there is no credit line or interest on card spending.
3. Can businesses use virtual credit cards?
Yes. Some providers offer business virtual credit cards with spending limits and ways to track expenses. Corporate cards can also be issued in the company’s name rather than an employee’s.
Sources
- https://www.dbs.com.sg/corporate/solutions/cash-management/dbs-virtual-card
- https://www.business.hsbc.com.sg/en-sg/solutions/virtual-card
- https://www.hsbc.com.sg/credit-cards/virtual-card/
- https://pib.uob.com.sg/credit-cards/instant.html
- https://www.sc.com/sg/important-information/addendum-to-our-credit-card-terms-clause/
- https://www.sc.com/sg/credit-cards/visa-infinite-card/
This article is intended for informational purposes only and does not constitute legal advice or professional advice. This article should not be regarded as constituting an offer or a solicitation to buy or sell any regulated or financial products or services. WorldFirst makes no representations or warranties regarding the accuracy, completeness, or applicability of the content, and readers are encouraged to consult with legal professionals or other professionals for advice tailored to their specific situation. WorldFirst does not guarantee the accuracy and completeness of this article and expressly disclaims any and all liability to any person in respect of the consequences of anything done or omitted to be done wholly or partly in reliance on this article.
