Best multi-currency card: Top 5 options compared (+ how to choose)
Last update: 15 Sep 2025
If you’re researching the best multi-currency cards for your business, you may have noticed some common limitations:
- High fees and unfavourable exchange rates
- Hidden charges and markups
- Limited currencies
- Few business-specific features (as most card providers serve expats and travellers)
To help you navigate the options, in this guide, we share the best multi-currency cards available to Singapore customers.
We’ll start with our World Card, included with your multi-currency World Account, and show you why it’s the best currency card for business. Then, we’ll compare with some other popular options and let you see the difference for yourself.
In this article:
- Top five multi-currency cards compared
- Why the World Card is the best multi-currency card for business
- How to open a World Account
- Top alternative multi-currency cards
- Six features to help you choose the best multi-currency card
- Frequently asked questions (FAQs)
Ready to start using your multi-currency card details right away? Open a World Account for free and get free virtual World Cards as soon as you’re approved.
Top 5 multi-currency cards compared
| Provider | Number of currencies | Costs | Use cases | Number of cards | Additional features |
|---|---|---|---|---|---|
| World Card (WorldFirst) | Pay in 150+ currencies with no FX fees on 15 currencies when spending from World Account | No fees to get/hold up to 25 virtual cards; no monthly, annual, sign-up, recharge or transaction fees; FX at mid-market rate + low markup |
Primarily business (SMEs, corporates, sole traders) | 25 free virtual cards | Spending limits, freeze/cancel cards, Xero/NetSuite sync, PCI-DSS, 2FA, 3DS secure |
| Wise Debit Card | Spend in 40+ currencies across 160+ countries | S$4 for extra/replacement cards; 2% top-up fee; conversion fees vary | Freelancers, startups, small businesses and individuals | Up to three cards | Freeze/unfreeze via app, transaction alerts, 2FA |
| Revolut | Hold 25+ currencies, spend in 100+ countries | Membership fees from S$0–84 (SMEs) or S$417+ (enterprises); S$9 for additional cards; 1.12% top-up surcharge; transfer/exchange fees | Individuals, freelancers, SMEs, enterprises | Up to four reusable cards + one disposable | Disposable “chameleon” card, spending limits, in-app freeze, crypto accounts |
| DBS Bank | 11 currencies (AUD, CAD, EUR, HKD, JPY, NZD, NOK, GBP, SEK, THB, USD) | 3.25% foreign transaction fee + annual account and FX fees | Mainly business / established banking customers | Not disclosed | Virtual debit card via app; adjust spending limits; block card or reset PIN instantly |
| YouBiz (by YouTrip) | Nine currencies in account; spend in 150+ currencies | 0% FX fees; no account opening fees; other fees not disclosed | SMEs | Unlimited virtual and physical cards | Flexible spending limits, Singpass/ACRA application, approval in 1–2 business days |
Why World Card is the best multi-currency card for business
Our virtual World Cards make cross-border transactions simpler than ever, allowing you to spend anywhere that accepts Mastercard.
Here’s why we’re the best choice for cross-border businesses:
Pay in 150+ currencies with a World Card, plus get multiple ways to pay
Your free World Card lets you pay in 150+ currencies to 210+ countries and territories around the globe. And you pay no FX fees when you spend in 15 currencies from your available World Account balance.
The World Card is linked to a multi-currency corporate account that allows you to:
- Make payments to 20+ countries using local payment rails, for faster and more affordable transactions
- Pay instantly to other World Accounts for free
- Pay instantly when you shop on 1688.com, a leading Chinese wholesale platform
Learn more: WorldFirst and 1688.com: All you need for wholesale sourcing in Singapore
Get secure virtual cards designed for business
When you sign up for a World Account, you can issue up to 25 business virtual cards for free (with team cards and physical cards coming soon).
Having multiple cards lets you separate out expenses across expense types, teams, suppliers, currencies or other categories of your choice, for more control and simplified accounting.
With multiple features designed specifically for business users, World Card lets you:
- Set custom spending limits and manage, freeze or cancel any of your cards to prevent theft, fraud and even accidental overspending
- Sync your World Account with Xero and NetSuite using direct integrations and easily export your structured data to further simplify expense reporting, accounting and financial management
- Easily create and order additional cards for cleaner reporting, and view each card’s history individually, all from the same dashboard
All World Card transactions are verified with 3D Secure (3DS), while WorldFirst accounts are protected with two-factor authentication (2FA).
Learn more: How to choose a virtual debit card for international payments
No ongoing costs and zero FX fees*
There are no fees to issue or hold 25 virtual cards, and no FX fees on 15 major currencies when you spend from your World Account balance. There are also:
- No monthly fees
- No annual fees
- No sign-up fees
- No top-up fees
For currency conversions, WorldFirst uses the mid-market exchange rate, with a low, transparent markup. There are no hidden charges, and you even get up to 1.2% unlimited cashback on business expenses when you spend with your World Cards.
Use our currency converter to see live foreign exchange rates and our pricing guide to understand all fees.
*FX fees apply when you don’t hold sufficient balance in the payment currency.
Easy and fully-online application process
World Cards are available to anyone with a World Account. Opening an account is easy, and once it’s active you can issue a card in seconds.
Our fully online application can be completed 24/7 in just a few minutes, from anywhere. There’s no need to visit a bank branch, establish a local presence in a foreign country or even make a phone call to apply.
Most applications are approved within 48 hours or less, and you can start using your World Cards right away.
Find out more: How to open a business bank account online in Singapore (4 options)
How to open a World Account
Navigate to our online application portal and:
- Click the Sign up button and select your region
- Click on Create account
- Share some key personal and business details
- Submit your required supporting documents
Need additional assistance opening your account? Visit our Account opening help page
- Open 20+ local currency accounts and get paid like a local
- Pay suppliers, partners and staff worldwide in 100+ currencies
- Collect payments for free from 130+ marketplaces and payment gateways, including Amazon, Etsy, PayPal and Shopify
- Save with competitive exchange rates on currency conversions and transfers
- Lock in exchange rates for up to 24 months for cash flow certainty
Top 4 alternative multi-currency cards
Here’s how some other popular multi-currency cards stack up against the World Card:
1. Wise Debit Card
Wise is a UK-based international money transfer service that offers multi-currency cards and accounts catering mainly to travellers and small businesses.
Card details:
- Fees:
- S$4 fee for additional and replacement cards
- 2% top-up fee
- Percentage based conversion fees
- Varying fees to use other multi-currency features
- Application process: Create a free account, order your physical card, then your account and order your virtual cards using the Wise app or website
- Supported currencies: Spend in 40+ currencies in 160+ countries
- Additional cards: Up to three cards
- Security features:
- Use the Wise app or website to freeze or unfreeze your card
- Automatic transaction notifications
- Two-factor authentication
2. Revolut
UK-based Revolut offers crypto accounts, accounts for freelancers, multi-currency accounts and two types of virtual cards.
- Fees:
- Membership fees S$0–84 for SMEs, and starting at S$417 for enterprises
- S$9 for additional cards
- 1.12% top-up surcharge
- Additional fees for transfers, exchanges and other multi-currency account features
- Application process: Use the Revolut app to open and top-up a Revolut account, as well as create and order cards
- Supported currencies: Exchange and hold 25+ currencies and pay in 100+ countries
- Additional cards: Up to four multi-use cards and one disposable card
- Security features:
- Two-factor authentication
- Freeze cards at any time.
- “Chameleon” disposable debit card option with details that change after every use, to protect against fraud
3. DBS Bank
DBS is a multinational banking company based in Singapore that lets account holders generate a virtual debit card through their banking app.
- Fees: 3.25% foreign transaction fee, plus account fees and currency conversion fees listed here and here
- Application process: Singapore-based businesses can open a bank account by using the DBS website or mobile banking app, or visiting a branch. Then, complete a know-your-customer (KYC) authentication process to activate your virtual card
- Supported currencies: 11 foreign currencies including AUD, CAD, EUR, HKD, JPY, NZD, NOK, GBP, SEK, THB and USD
- Additional cards: No information available
- Security features:
- Adjust your daily spending limit
- Temporarily block your card via the app
- Change your pin instantly from your phone
4. YouBiz (a product of YouTrip)
Owned by YouTrip, a popular personal traveller’s card provider, YouBiz offers a business version targeting SMEs.
- Fees: “Zero percent FX fees” on all payments in 150+ currencies that meet terms and conditions, with no account opening fees. No additional pricing information available
- Application process:
- Use your Singpass to autofill your application or complete the online application process manually
- If applying manually, submit your:
- ACRA business profile
- Signed authorisation letter
- Photo of your NRIC or other acceptable identification documents
- Receive registration confirmation email within 1 to 2 business days
- Supported currencies: Get account details in up to nine currencies. Cards don’t work on NETS point-of-sale terminals in Singapore
- Additional cards: Unlimited virtual and physical cards. No information available about about new card fees or replacement fees
- Security features: Set custom spending limits per card
6 features to help you choose the best multi-currency card
Here are the most important features to look for when choosing the right multi-currency card for your business:
1. A wide range of currencies relevant to the markets you transact in
Some multi-currency cards may only offer a few currencies, or may charge higher fees on currencies you use regularly. You need the ability to make payments in all the currencies you use to do business, with no fees on major currencies.
You’ll also want a card that’s backed by a major card scheme like Visa or Mastercard, with few restrictions, so you can spend securely anywhere.
For many merchants, it’s crucial to be able to pay in key supplier currencies like CNH, so you can avoid extra fees on critical business transactions. If you source from abroad, make sure your multi-currency card provider supports low- or no- fee transactions in the countries where you get your products or materials.
Related: How to open a Chinese bank account: A guide for businesses
2. Competitive fees and no hidden costs, plus perks like cashback and benefits
Some cards advertise zero fees but then still charge monthly fees, account opening fees or other hidden markups. Look for a card with competitive, transparent fees and pricing clearly posted for all types of international payments, so there’s no possibility of hidden or unexpected fees.
Occasionally, a provider like WorldFirst, will not only offer low fees, but also give you cashback or rewards on business expenses. Cards with benefits can help you earn extra funds, in addition to saving you more than other providers.
3. Multiple cards for greater control over your spending
Some banks or financial institutions charge you more to order additional cards, or have a low limit on how many cards you can have. It should be easy and affordable to get multiple cards, so you can separate out expenses in whatever way you need to.
You should be able to view each card’s history separately, all from the same dashboard, and export data easily for cleaner reporting. Avoid cards that lump all of your spending together, or don’t offer an easy way to transfer data to your finance software.
4. Flexible options for spending online and in-store
Some cards restrict how and where you can spend. That can mean only letting you spend on certain designated websites, or not letting you use popular POS terminals in your region.
Look for access to free or affordable physical cards that let you shop online or in-store at home or abroad. With the growing popularity of digital wallets, it’s also a good idea to choose a provider who lets you link your virtual or physical cards to Apple Pay, Google Wallet, Alipay+ and more.
Note. Physical cards and digital wallet integrations are coming soon from WorldFirst.
5. Customisable security features that give you more control over your safety and spending
Some cards come with preset spending limits and don’t let you adjust them to fit your business needs. Look for a card provider that lets you set your own limits and flexibly adjust each card’s limit whenever you wish.
You need the ability to control spending by team member, department and currency, not just overall spend. Look for built-in security features to secure your cards in case of theft, fraud, misuse or accidental overspending.
6. Accessibility and a quick, simple and fully-online application process
Many traditional card providers, like banks, restrict eligibility to only local businesses or those with enough sales history. Many also make you open a separate business bank account, which can take weeks, in order to apply for payment cards.
For many companies, it isn’t feasible to travel abroad, establish a local presence or wait to accrue enough turnover just to apply for a multi-currency card. Fortunately, many multi-currency providers now offer simple online application processes open to younger businesses, sole proprietors and foreign entities.
Related: Opening a European business bank account online: Everything you need to know
Get your World Card, the multi-currency card built for global business
A multi-currency World Card makes it easier to do business anywhere in the world. From covering your advertising costs and marketplace sellers fees to paying your suppliers and logistics providers faster, the World Card has you covered.
Open your World Account for free now to start spending.
Frequently asked questions (FAQs)
What’s the best multi-currency card for business in Singapore?
The best multi-currency card for business in Singapore is one that combines low fees, real-time currency exchange and support for multiple currencies like Singapore dollars, euros and Hong Kong dollars. The World Card stands out because it supports 15 major currencies without FX fees. Compared to a traditional credit card from banks like Citi or UOB, these cards can make overseas spending much cheaper and less of a hassle.
What’s the difference between a personal and a business multi-currency card?
A personal multi-currency card is designed for overseas spending, online shopping and personal expenses. These travel cards are useful for tourists and expats who need cash withdrawals in a local currency.
A business multi-currency card, on the other hand, is built for managing expenses across teams, suppliers and regions. Business cards may also provide control over spending limits, detailed reporting and lower fees for currency exchange.
Which is the best multi-currency card for payments to China?
The best multi-currency card for payments to China is the World Card from WorldFirst.
Unlike standard credit cards or prepaid cards, the World Card is designed for business, letting you send money and pay suppliers directly in CNH through your currency wallet.
You can add your World Card details to your Alipay digital wallet for in-person payments in China – or wherever Alipay is accepted.
How much does it cost to get a multi-currency card?
The cost of a multi-currency card depends on the provider. Some have lower fees, but charge monthly membership fees. Others advertise lower prices but have hidden costs. Always read your provider’s pricing page and terms and conditions carefully.
What are the requirements to apply for a business multi-currency card?
Applying for a business multi-currency card with a traditional bank may require an in-person bank visit, extensive documentation and evidence of sales history. You may also need a local presence in the country, or to have been in business for a certain amount of time.
Multi-currency accounts like WorldFirst offer fully-online application processes that are available to all kinds of businesses and sole proprietors across the globe.
Sources
- https://wise.com/sg/pricing/business/card-fees
- https://www.revolut.com/en-SG/legal/standard-fees/
- https://www.dbs.com.sg/personal/deposits/savings-accounts/my-account
- https://www.you.co/biz/
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