See how Singapore’s best business debit cards stack up against each other before making your choice
Key takeaways
- Business debit cards let companies pay directly from business account balances without using a credit line
- Multi-currency cards support foreign currency balances and can avoid currency conversion fees when sufficient balances are held in the payment currency
- World Card supports spending in 150+ currencies, with up to 20 virtual cards at no cost
International business spending can quickly become expensive when every overseas payment attracts foreign transaction or currency conversion fees. The right business debit card can help reduce these costs while giving businesses greater control over everyday spending.
In Singapore, businesses can choose between traditional SGD business debit cards and multi-currency cards linked to foreign currency balances. Below, we compare six business debit cards available in Singapore, including the World Card, which supports spending in 150+ currencies.
Top business debit cards in Singapore
1.World Card by WorldFirst
The World Card is a multi-currency card that allows spending in 150+ currencies wherever Mastercard is accepted. Businesses can issue up to 20 virtual cards at no additional cost, so employees, teams or expense categories can be tracked separately.
The card includes spending controls, instant card freezing, real-time transaction tracking and cashback on eligible purchases (Terms and Conditions Apply). When a payment is made in one of the 15+ supported currencies with a sufficient balance held in that currency, no foreign exchange conversion fees apply.
The World Card is linked to the World Account, WorldFirst’s multi-currency account that supports 20+ currencies including SGD, USD, GBP, EUR, AUD, NZD, CNH, HKD and JPY. Businesses can hold funds in the currencies they earn in and spend those balances directly using the World Card.
Beyond card payments, the World Account also supports:
- Sending payments in 100+ currencies to 200+ countries and regions
- Receiving payouts from 130+ global marketplaces and payment gateways including Amazon, Shopify, Shopee, Lazada and Stripe
- Free and instant transfers between World Account holders
- Foreign exchange tools including forward contracts for eligible Singapore businesses
- Integrations with Xero, NetSuite and other accounting platforms
World Card pricing
| Fee type |
World Card fees |
| Card issuance fee |
Zero |
| Annual fee |
Zero |
| Currency conversion fee |
Zero when paying in any of the 20+ supported currencies with sufficient balance held in that currency |
*Fees checked in July 2026
2. OCBC business debit card
The OCBC business debit card is a single-currency (Singapore Dollar) available to businesses with an eligible OCBC business growth account.1 Payments are deducted directly from the linked account balance.1
The card can be used online, in-store and overseas wherever Mastercard is accepted. Since it is linked to an SGD business bank account, transactions made in foreign currencies are converted into SGD before settlement. Businesses can access both physical and digital cards, use supported mobile wallets for contactless payments, and receive cashback on eligible spending, subject to the terms and conditions. Cardholders also receive access to selected Mastercard and OCBC promotional privileges.
OCBC business debit card pricing
| Fee type |
OCBC business debit card fees |
| Card issuance fee |
Zero |
| Annual fee |
Not specified |
| International transaction / currency conversion |
2.8% |
*Fees checked in July 2026
3. UOB business world debit card
The UOB business world debit card is a Singapore Dollar (SGD) business debit card linked to eligible UOB business or corporate current accounts. It supports local, online and overseas payments through the Mastercard network, with transactions deducted directly from the available account balance.
Businesses can track card activity through UOB’s digital banking services and receive cashback on eligible spending, subject to terms and conditions. Additional features include selected business privileges, contactless payments and corporate liability protection.
UOB business world debit card pricing
| Fee type |
UOB business world debit card fees |
| Card issuance fee |
Not specified |
| Annual fee |
S$36.67 per year (waived for first three years) |
| International transaction / FX conversion |
- Zero FX fee on eligible overseas spending
- 1% international processing fee
|
*Fees checked in July 2026
4.DBS business advance+ card
The DBS business advance+ card is designed for businesses holding a DBS business multi-currency account or a DBS corporate multi-currency account. With this card, businesses can spend internationally in 200+ countries with zero FX fees while using available foreign currency balances. DBS does not specify how many or which currencies are supported.
The card also offers cashback on eligible business spending, corporate liability insurance and expense management through DBS IDEAL, where businesses can monitor transactions and manage card controls from a single platform.
DBS business advance+ card pricing
| Fee type |
DBS business advance+ card fees |
| Card issuance fee |
Not specified |
| Annual fee |
Zero |
| International transaction / FX conversion |
- Zero when linked to a DBS business multi-currency account
- 3.25% FX fee when linked to an SGD current account
|
*Fees checked in July 2026
5. Maybank VISA business debit card
The Maybank VISA business debit card is available to eligible businesses with a Maybank corporate current account in Singapore. Purchases are deducted directly from the linked account and can be made worldwide wherever VISA is accepted. But, no details are provided on the currencies supported by the card.
Businesses can make contactless payments, shop online using VISA security features and withdraw cash from local and overseas ATM networks. The card also supports Apple Pay and Samsung Pay, while daily spending limits can be adjusted through Maybank ATMs. Eligible cardholders earn TREATS Points on qualifying purchases under Maybank’s rewards programme.
Maybank VISA business debit card pricing
| Fee type |
Maybank VISA business debit card fees |
| Card issuance fee |
Not specified |
| Annual fee |
Not specified |
| International transaction fee |
Not specified |
*Fees checked in July 2026
6. Airwallex business debit card
The Airwallex business debit card is a VISA business debit card linked to an Airwallex multi-currency account. Businesses can spend directly from available currency balances, while payments in unsupported currencies are automatically converted using Airwallex’s available exchange rates. The available spending currencies are not specified.
Physical and virtual cards can be issued for employees, with customisable spending limits, merchant restrictions and instant card freezing. Businesses can also track expenses in real time, integrate with accounting software and add cards to Apple Pay and Google Pay for contactless payments.
Airwallex business debit card pricing
| Fee type |
Airwallex business debit card fees |
| Card issuance fee |
Zero |
| Annual fee |
Zero |
| International transaction fee |
Zero when spending from available currency balances |
*Fees checked in July 2026
FAQs
What is a business debit card?
A business debit card lets businesses pay directly from a linked business account. Transactions are deducted from the available account balance instead of using credit.
What is the difference between a single-currency and a multi-currency business debit card?
A single-currency corporate card is linked to one currency account, while a multi-currency business debit card can spend directly from supported currency balances held in a linked multi-currency account.
Does WorldFirst offer a business debit card in Singapore?
Yes. WorldFirst offers the World Card, a virtual business card linked to the World Account, allowing businesses to spend in 150+ currencies and issue up to 20 virtual cards.
Sources
- https://www.ocbc.com/business-banking/smes/transactions/business-debit-card
- https://www.ocbc.com/assets/pdf/debitcard-fee-charge.pdf
- https://www.uob.com.sg/business/transact/cards/uob-business-world-debit-card.page
- https://www.dbs.com.sg/sme/day-to-day/business-cards/dbs-visa-business-advance-plus-debit-card
- https://www.maybank2u.com.sg/en/personal/cards/debit/maybank-business-platinum-debit-card.page?
- https://www.airwallex.com/global/spend-management/cards/business-debit-cards
- https://www.airwallex.com/en-my/pricing
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.
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