Trust card review [2027]: Features, fees and more

Compare Trust Freedom and Link credit cards to understand their rewards, fees, features, cashback, and alternatives

Key takeaways

• Trust Cards are part of the credit card range from Trust Bank
• There are two card variants: Trust Freedom credit cards and Link credit cards
• Trust Freedom credit card lets holders switch between Stockback, Unlimited Cashback, Bonus Cashback and Miles every quarter
• Trust Link credit card focuses its rewards around FairPrice Group and Caltex, offering up to 21% and 20% savings respectively
• Trust card benefits include zero annual fees and zero foreign transaction fees, with personalised interest rates from 18.9% to 29.9% p.a
• The World Card by WorldFirst is a business-focused multi-currency card with zero FX on 15 currencies, 1.2% cashback on eligible spending, spend control and team cards

Trust Card is used by Singapore consumers for everyday spending, overseas transactions and FairPrice Group shopping. The Trust Card is a personal credit card, which means it cannot be used for business expenses and spending. This review covers the Trust Freedom and Trust Link credit cards, their rewards, fees and key features.

The Trust Card review is then followed by the World Card by WorldFirst, a multi-currency card for business owners managing business expenses.

What is the Trust Card?

Trust Card is part of the credit card range from Trust Bank, a Singapore digital bank backed by Standard Chartered and FairPrice Group, and regulated by the Monetary Authority of Singapore (MAS) as a Full Bank.^1,2

The card range includes two variants.

• Trust Freedom credit card: Offers four reward options (stockback, unlimited cashback, bonus cashback and miles) that cardholders can switch between every quarter.³
• Trust Link credit card: Earns Linkpoints on spending at FairPrice Group, with up to 21% savings on groceries and food, and offers up to 20% savings on fuel purchases at Caltex.⁹

Check out the best virtual credit cards in Singapore

Quick look: Pros and cons of the Trust Card

Trust Card fees and interest rates

*Fees checked in September 2026

Trust Card benefits and key features

No foreign transaction fees

Trust Cards in Singapore charge zero foreign transaction fees on overseas spending, across both Freedom and Link. Foreign currency transactions are converted at the Visa exchange rate.⁶  Third-party payment platforms may apply their own fees on international transactions, along with Dynamic Currency Conversion at an exchange rate by the DCC provider.⁶

Rewards

Trust Freedom credit card’s reward structure changes every quarter, between stockback, unlimited cashback, bonus cashback and miles. Stockback earns 2% on local and 0.5% foreign eligible spend from 1 January 2027 with a cap of S$500.⁴

Unlimited cashback earns 1.5% local and 0.5% foreign.⁵

Link earns 0.22% Linkpoints on local spend and 0.05% on foreign eligible spend, with up to 21% savings at FairPrice Group and up to 20% fuel savings at Caltex.⁹

Buy now pay later

Trust Card’s Split Purchase feature lets you split purchases of S$50 and above into monthly instalments at 0% product interest.¹⁰ A one-time fee applies, depending on the amount, tenure and personal credit profile, with no early repayment fee.

Balance transfer

Trust Card’s balance transfer offers a minimum loan amount of S$500, over a tenure of 1 to 12 months, at 0% product interest.¹¹  Again, a one-time fee applies, varying by loan amount, tenure and your credit profile, with no early repayment fee.

Instant personal loan

Trust Card holders can access an instant loan through the Trust App, with rates from 2.22% p.a. (an example effective interest rate of 2.28% p.a.), a first-year annual fee of 0.88% and no processing fee.¹²  Tenure runs from 3 to 60 months, with a minimum loan amount of S$500.¹²

Find the best cashback credit cards for businesses in Singapore

Who is the Trust Card for?

The Trust Freedom and Trust Link credit cards are personal credit cards aimed at individual consumers in Singapore. Both carry zero foreign transaction fees, no annual fee, and a flexible rewards structure for everyday spending.

Trust Card suits individuals who:

• Want a personal credit card for day-to-day Singapore spending with rewards on groceries, dining and online purchases
• Travel overseas and want to avoid foreign transaction fees on card payments abroad

What Trust Card isn’t designed for:

• Business expenses, team spending or company card issuance (Trust Card is a personal product and does not currently offer a business credit card)
• Holding or spending from foreign currency balances directly (Trust Card settles all transactions in SGD, with any foreign spend converted at the point of transaction)

Find the top corporate credit cards in Singapore for your business

How to apply for the Trust Card³

1. Check eligibility: Singapore citizens and PRs aged 21 to 55 need a minimum annual income of S$30,000 (S$15,000 if aged above 55). Foreigners with a valid work pass need S$60,000.
2. Apply online: Singapore citizens and PRs can use MyInfo to pre-fill the application; foreigners may need MyInfo, a passport and a latest payslip.
3. Complete your verification: Most applications take less than three minutes, though further clarification can take up to three working days
4. Receive your card: Physical cards are delivered within seven business days of approval for web applications.

Get the best business debit cards for your business spending

The World Card: A multi-currency card built for business

WorldFirst helps businesses manage cross border payments, marketplace payouts and foreign currency balances across multiple markets, including Singapore.

The World Card is WorldFirst’s Mastercard-powered multi-currency virtual debit card, available in virtual and physical variants. It supports payments in 150+ currencies, with zero FX fees on foreign transactions. Eligible spending also earns 1.2% monthly cashback, with no cap.

The card is linked to the World Account, a multi-currency account, which allows businesses to receive, hold, convert and send funds in 20+ currencies, with local receiving account details available for supported currencies. The account also supports international payments across 100+ currencies.

Key features of the World Card:

• The World Card is a Mastercard-powered multi-currency card, issued as either a virtual card or a physical card
• A business can issue up to 25 multi-currency cards, including up to 10 physical cards, for team card issuance and business expense controls
• The card supports payments in 150+ currencies wherever Mastercard is accepted
• The card applies 0% FX fee when drawing from the supported multi-currency balances
• The WorldCard offers 1.2% cashback every month on eligible spending like software, travel and supplier payments with no cap (Terms and Conditions Apply)
• Real-time spending controls, 3D Secure protection, and freeze and cancel functionality are managed through the World Account dashboard or app

Pricing: Zero card issuance for up to 25 multi-currency cards.

FAQs

1. Is the Trust Card a cashback card?

Trust Freedom credit card offers cashback as one of its reward options, alongside Stockback and Miles, selectable each quarter. Unlimited Cashback earns 1.5% on Local Eligible Spend and 0.5% on Foreign Eligible Spend, with no minimum spend or cap, while Bonus Cashback earns up to 15% on one preferred category, capped at S$250 per quarter.

2. What is the Trust card cashback rate?

Under Unlimited Cashback, Trust Freedom credit card earns 1.5% on local eligible spend and 0.5% on foreign eligible spend. Under bonus cashback, it earns up to 15% on a preferred category, capped at S$250 per quarter, plus 1% on other local eligible Spend and 0.5% on other foreign eligible spend.

3. What is the Trust card exchange rate?

Trust Card charges zero foreign transaction fees and no exchange-rate markup on overseas spending. Foreign currency transactions are converted at the Visa exchange rate. Third-party payment platforms, such as Alipay or WeChat Pay, may apply their own fees, and Dynamic Currency Conversion transactions use an exchange rate set by the DCC provider rather than Trust.

4. Is the Trust Card available in Singapore?

Yes. Trust Card is issued by Trust Bank as a Singapore credit card, regulated by MAS and backed by Standard Chartered and FairPrice Group. Both Trust Freedom credit card and Trust Link credit card are available to Singapore citizens, permanent residents and eligible foreigners with a valid work pass.

5. How do I pay the Trust credit card?

Trust credit card payments can be made through the Trust App from a Trust Savings Account, processed in real time, or from another bank account by local bank transfer or FAST (Fast And Secure Transfers), which can take around three working days depending on the bank. Trust AutoPay can also deduct payment from a Trust Savings Account two days before the due date. AXS payment is not currently available.

Sources

1. https://trustbank.sg/who-we-are/
2. https://eservices.mas.gov.sg/fid/institution?term=trust&sector=Banking&category=Full%20Bank
3. https://trustbank.sg/faqs/credit-card/
4. https://trustbank.sg/freedom-credit-card/stockback/
5. https://trustbank.sg/freedom-credit-card/cashback/
6. https://trustbank.sg/legal/trust-freedom-credit-card-key-facts-sheet/
7. https://trustbank.sg/legal/key-facts-sheet-credit-card/
8. https://trustbank.sg/freedom-credit-card/miles/
9. https://trustbank.sg/link-credit-card/
10. https://trustbank.sg/legal/split-purchase-product-terms-and-key-facts/
11. https://trustbank.sg/legal/balance-transfer-product-terms-and-key-facts-sheet/
12. https://trustbank.sg/instant-loan/

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.