Business Debit Cards in Singapore [2025]: Best Options, Fees, and Features

A business debit card can be the best way to manage spending and expenses for yourself and your team. Make convenient purchases online and in person, withdraw cash when you need to, and have everything accounted for in a consolidated statement so you don’t need to chase and reconcile separate bills.

Choosing the right business debit card will take a bit of research, as different cards come with their own features and fees. This guide is a great place to start, with a range of the best business debit cards in Singapore, whether you’re looking for convenient day-to-day spending or low-cost international transactions.

Table of contents
Overview of most popular business debit cards in Singapore Wise Business Card OCBC Business Debit Card UOB Business World Debit Card SC Business Debit Card DBS Business Advance Debit Card Maybank Business Platinum Visa Debit Card Airwallex Business Debit Card Aspire Corporate Card

Overview of most popular business debit cards in Singapore

Here’s an overview of the key features of our top pick of Singapore business debit cards:

	Maintenance fee	Foreign transaction fee	ATM fee	Cashback/ rewards	Mobile payments	Digital card	Early closure fee
Wise Business Card	No maintenance fee	No foreign transaction fee	2 withdrawals a month, up to 350 SGD fee free. 1.75% +1.50 SGD after that	None	Yes	Yes	None
OCBC Business Debit Card	Up to 10 SGD/month account fee Up to 50 SGD/month fall below fee	2%	Up to 20 SGD/withdrawal	Yes	Yes	Yes	50 SGD
UOB Business World Debit Card	Up to 50 SGD/month fall below fee for SGD business account 36.67 SGD/annual card fee	3%	Up to 5 SGD/withdrawal	Yes	Yes	No	50 SGD
SC Business Debit Card	50 SGD/month fall below fee	Up to 3.5%	Networked ATM withdrawals free up to 60 SGD out of network fee	Yes	No	No	500 SGD
DBS Business Advance Debit Card	50 SGD annual account fee 40 SGD/month fall below fee	3.25%	Up to 7 SGD/withdrawal	Yes	No	No	50 SGD
Maybank Business Platinum Visa Debit Card	Varies based on account - 35 SGD fall below fee for PremierBiz account	3.25%	5 SGD/withdrawal	Yes	Yes	No	50 SGD
Airwallex Business Debit Card	0–399 SGD/month account fee	No foreign transaction fee	ATM withdrawals are not available	Yes	Yes	Yes	None
Aspire Corporate Card	No maintenance fee	1.5% foreign exchange fee	5 SGD/withdrawal	Yes	Yes	Yes	None

*Fees correct at time of research - 29 August 2025

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Wise Business Card

The Wise Business Card is a multi-currency debit card linked to your Wise Business Account, allowing you to spend internationally at the real exchange rate with low conversion fees. You can issue both physical and virtual cards for your team, track and control spending in the Wise app, and use Apple Pay or Google Pay for convenient mobile and contactless payments.

💡Whether you're paying for overseas business transactions such as your SaaS subscriptions or travel expenses, the Wise Business Card lets you spend online or in-store in 40+ currencies and 150+ countries. With transparent pricing and no foreign transaction fees, Wise ensures there are no hidden fees eating into your profits.

• Get your first Wise Business card for free when you open a Wise Business account.
• Always get the mid-market rate with transparent conversion fees starting from 0.26%.
• Give your team their own corporate debit cards to keep expense management clean.
• Approve payments, set spending limits, and freeze your card if you've lost it.
• Say goodbye to monthly fees and foreign transaction fees.
• Enjoy 2 free withdrawals of up to 350 SGD per month per account.

➡️Get your Wise Business Card today

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OCBC Business Debit Card

If you already have an OCBC business account, you’ll be able to easily access either a physical or digital OCBC business debit card¹ for day-to-day spending.

• Mastercard - physical and digital cards available
• Compatible with major digital wallets for mobile payments
• 0.2% - 1% cashback on spending
• Rewards and member perks offered
• Monthly fees may apply, depending on the specific business account you prefer
• Online and mobile banking for convenience

Digital cards can be issued instantly through the OCBC Velocity online banking app, and physical cards can also be ordered if preferred.

If you don’t already have an OCBC business account, you might be able to get one opened online, depending on your business type and ownership structure. Different accounts have different features and fees - including maintenance fees and early closure fees in many cases². Review the accounts offered to make sure you’re picking the right one for your needs.

UOB Business World Debit Card

Get a branded, all-in-one business debit card with an eligible SGD-denominated UOB business account.

• Physical card on the Mastercard network
• Contactless and mobile wallet payments
• Up to 1% cash back, plus cardholder rewards available
• Customise the card to feature your company logo

The UOB Business Debit Card³ can be used for contactless payments globally, wherever the Mastercard logo is displayed. You’ll receive 0.5% cashback on local spend and 1% on overseas spend, along with other UOB privileges and rewards such as airport lounge access and complimentary travel insurance.

If your card is linked to the UOB Corporate Current Account, you are required to maintain a minimum average daily balance of 10,000 SGD. A monthly fall-below fee of 35 SGD will be charged if this balance is not met.⁴ There are also annual card and account fees to consider, plus an early closure penalty of 50 SGD⁵.

SC Business Debit Card

Standard Chartered business bank account holders can apply for an SC business debit card⁶ to make spending and withdrawals easier.

• Physical Mastercard - available upon application if you hold an SC business account
• Contactless and NETS payments available
• Get spending rebates and exclusive cardholder savings
• All transactions included in a consolidated account statement for convenience

The SC Business Debit Card offers automatic rebates of up to 15% across different spending categories, including office expenses, hotels, and more. Cardholders also enjoy a range of perks, such as dining, lifestyle, and travel benefits.

The fees for using the SC business debit card will depend on the linked business account you hold⁷. Costs and minimum balance requirements vary quite significantly, so it’s worth weighing up your choices before you get started with a Standard Chartered business bank account.

DBS Business Advance Debit Card

The DBS Business Advance Debit Card⁸ is available to customers with a DBS business bank account,⁹ offering spending rebates, travel accident insurance, and more.

• Visa debit card for global use
• 0.3% cashback on spending
• Some complimentary insurance is offered, provided eligibility conditions are met
• No annual card fee (linked business bank accounts have fees which still apply)

If you have not yet opened a DBS business account, you can start the process online. DBS Business Advance Debit Card customers can set their own transaction limits, make withdrawals and spend worldwide, and enjoy additional cardholder benefits and privileges.

It’s worth noting that fees do apply to the card, including a 3.25% foreign transaction fee if you’re paying for something internationally when you travel or shop online.¹⁰

Maybank Business Platinum Visa Debit Card

Maybank customers holding a corporate current account product can also get the Maybank Business Platinum Visa Debit Card¹¹ for convenient daily spending.

• Physical card issued on the Visa network
• Contactless and mobile wallet payments allowed
• Earn TREATS points on spending in Singapore dollars and Malaysian ringgit
• Get complimentary travel insurance when you book tickets with your card
• Cash withdrawals are free in Singapore, or 5 SGD each at overseas ATMs

The Maybank business debit card enables contactless payments and cash withdrawals worldwide. You’ll be able to earn points on your spending, which can be traded in for air miles, vouchers, or other handy benefits. And if you book your travel using your card, you may also qualify for some complimentary travel insurance to keep you and your belongings safe while you’re away.

The overall cost of using this business card depends on the specifics of the Maybank corporate current account you hold. There may be a minimum balance requirement, with fall-below fees applying if you don’t maintain the required funding level. International card spending can also prove costly, with a 2.25% foreign transaction fee plus up to a 1% card network fee on all purchases¹².

➡️Check out our review of Maybank’s Business Cards

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Airwallex Business Debit Card

The Airwallex Business Debit Card¹³ is an option for businesses that need to manage international spending efficiently. Issued on the Visa network, it links seamlessly with an Airwallex multi-currency business account.

• Virtual and physical Visa cards are available
• Spend in multiple currencies with competitive foreign exchange rates
• No international transaction fees when using supported currencies from held balances
• Real-time expense tracking and controls via the Airwallex app
• Set spend limits and instantly freeze or cancel cards when needed

Airwallex corporate cards enable businesses to pay suppliers, make purchases, and manage team expenses globally without incurring high foreign exchange conversion costs. Transactions are automatically deducted from your linked Airwallex account in the relevant currency where possible, minimising conversion fees.

Airwallex does not charge annual fees for its debit cards, but it does offer different subscription plans, including Explore (free), Grow ($79/month), and Accelerate (from $399/month), so it’s worth reviewing Airwallex’s pricing beforehand.

Note: ATM withdrawals are not available using the physical card.

Aspire Corporate Card

The Aspire Corporate Card¹⁴ is available to all Aspire business account holders. Applicants can submit the required documents online and receive quick approval for this corporate debit card.

• Physical and virtual cards issued on the Visa network
• 1% cashback on eligible digital marketing and SaaS spend
• Sync transactions with accounting tools for faster reconciliation
• Set limits, approval policies, and merchant locks to manage expenses
• Upload and track receipts for card purchases

Businesses can issue unlimited virtual cards to team members at no cost. The first physical card for each user is free, with subsequent cards priced at SGD 15 each.

There are no annual card or account fees with Aspire, and a minimum balance or deposit is not required. However, international spending with the card incurs a 1.5% foreign exchange fee, and overseas ATM withdrawals cost 5 USD per transaction.

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Conclusion

Choosing the right business debit card for your needs can mean you save money, and get easy, convenient ways to spend for both you and your team. Use this guide as a starting point to pick the best card - or cards - for your business. And don’t forget, if you’re transacting internationally, check out theWise multi-currency business account and card as a smart way to save.

➡️Get started with Wise Business today

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Sources:

1. OCBC Business debit card
2. OCBC Business Account - fees
3. UOB Business Debit Card
4. UOB Current Account | UOB Business
5. UOB BUSINESS WORLD DEBIT CARDMEMBER AGREEMENT
6. SC Business Debit Card
7. SC business banking fees
8. DBS Business Debit Card
9. DBS business accounts pricing guide
10. Commercial Cards Rates and Fees Schedule (May 23)
11. Maybank Business Debit Card
12. Maybank business card fees
13. Business Debit Cards | Visa Debit Card for Corporate Spending | SG
14. Corporate Card | Fast & Easy Online Approval in Singapore

Sources checked 29th August 2025