WorldFirst Card Review: Multi-Currency Virtual Card for Singapore Businesses

Managing overseas payments is a daily reality for many Singapore businesses — from paying SaaS (Software as a Service) subscriptions in USD to covering marketing spend in AUD or GBP.

That’s where a multi-currency business card can make life easier.

The WorldFirst card (also called the World Card) is a virtual Mastercard linked to your WorldFirst account, designed for online payments in more than 150 currencies. It’s built for SMEs that want to spend directly from currencies in their existing funds and avoid unnecessary foreign transaction fees.

In this guide, we’ll unpack what the WorldFirst card offers, its key features, and who it’s best suited for. We’ll also explore a popular alternative, the Wise Business Card, which lets Singapore companies pay for ad-hoc business expenses, especially those of a cross-border nature at mid-market exchange rates and no foreign transaction fees.

WorldFirst Card offerings

The WorldFirst card — officially called the World Card — is a virtual Mastercard that links directly to your World Account. It’s designed for online business payments in 150+ currencies, across 210+ countries and territories, wherever Mastercard is accepted.

You can spend without foreign exchange fees when paying from one of 15 supported currency balances, including SGD, USD, GBP, EUR, JPY, and AUD.¹

For other currencies that you don’t hold a balance in, WorldFirst will convert the amount using its exchange rate, which includes a foreign exchange markup of up to 0.6% above the mid-market rate, and show the final conversion rate and fees clearly in your account before you pay².

Right now, the WorldFirst card is virtual-only, but a physical card, Apple Pay, Google Pay, and employee card options are all marked as “coming soon.” Each business can create up to 25 cards, making it easy to separate spend across teams, campaigns, or suppliers. Built-in controls let you set limits, freeze cards, and download statements for easier reconciliation.

Feature and fee summary — WorldFirst Card (Singapore)²

Details correct at time of research — 15 October 2025

Why Singapore businesses need a corporate card

Corporate cards aren’t just for large companies anymore — they’ve become a core tool for SMEs and startups that need tighter expense control. In Singapore, where overseas payments and SaaS subscriptions are common, a dedicated business card helps you simplify expense tracking and stay on top of cash flow.

With a corporate card, you can:

• Separate business and personal transactions for easier bookkeeping
• Assign cards to team members with custom limits and approvals
• Track spending in real time and export data for accounting
• Reduce surprise foreign exchange fees on international purchases

If the WorldFirst card doesn’t offer every feature you need (like physical cards, ATM withdrawals, or additional integrations), you can explore other corporate card alternatives in Singapore. These include traditional options such as the Citi Business Card or Maybank Business Platinum Mastercard, as well as fintech solutions like YouBiz, Airwallex, and Aspire.

You can compare your options in our guide to the best corporate credit cards in Singapore to find the best match for your business needs.

Key features that make the WorldFirst Card stand out

While many corporate cards in Singapore help manage company expenses, the WorldFirst card stands out for its global reach and tight integration with multi-currency wallets.

• Pay in over 150 currencies. Spend internationally wherever Mastercard is accepted online. You’ll enjoy zero foreign exchange fees when paying directly from one of 15 supported currency balances — ideal for global ad platforms, SaaS tools, and overseas suppliers.
• Hold and spend from 15 currencies. Keep balances in SGD, USD, GBP, EUR, JPY, AUD, and more to manage overseas payments without unnecessary conversions.
• Earn up to 1.2% cashback. Get rewarded for eligible business transactions, including digital marketing, SaaS subscriptions, travel, and e-commerce payments made online with your WorldFirst card. Cashback is credited in USD to your World Account the following month.³
• Create up to 25 virtual cards per account. Assign different cards to campaigns, teams, or departments. Each card can have its own spending limits and permissions, giving you instant visibility and control.
• Built-in security and control. Includes 3D Secure (3DS) and Address Verification System (AVS) for fraud protection, plus the ability to freeze or unfreeze cards anytime from your dashboard.
• Easy reconciliation and reporting. Download detailed statements and transaction histories for accounting or audit purposes.
• Coming soon: physical cards and mobile wallets. WorldFirst has announced upcoming support for Apple Pay, Google Pay, and physical cards, which will expand where and how you can spend.

Who should use the WorldFirst Card in Singapore?

The WorldFirst Card is built for businesses that already manage revenue or expenses across borders (especially those using the World Account to hold multiple currencies) and want rewards on eligible online spend.

• E-commerce and marketplace sellers. Pay platforms, logistics partners, and ad networks directly from foreign-currency balances to avoid conversion losses, and earn up to 1.2% cashback on eligible online transactions such as ads, shipping, and platform fees.
• Digital-first companies. Agencies and startups with heavy SaaS, subscription, and online advertising spend can issue separate virtual cards per client or campaign, set limits, and earn cashback on eligible purchases made online.
• Freelancers and service exporters. If you’re paid in USD, GBP, or EUR, spend from the same balance to cut unnecessary conversions — and collect cashback on eligible software, travel, or tools bought online.
• Businesses with global suppliers. Importers and distributors can pay recurring invoices in local currencies for cleaner reconciliation while earning cashback on qualifying online supplier payments.

How to get the WorldFirst Card in Singapore

Applying for the WorldFirst Card in Singapore is straightforward; you’ll just need a verified World Account to get started.

1. Open a World Account. Visit the WorldFirst Singapore website and sign up for a World Account.
2. Verify your business. Submit your company registration and identification documents for approval.
3. Create a virtual card. From your World Account dashboard, select World Card and issue a new virtual card. You can create up to 25 for your business.
4. Fund your account. Add funds in your preferred currency. You can hold up to 15 currencies for zero foreign exchange fee spending.
5. Start using your card. Use your WorldFirst card for online payments — wherever Mastercard is accepted. Transactions appear instantly for easy tracking.

WorldFirst Card: Is it right for your Singapore business?

The WorldFirst card gives Singapore businesses an efficient way to manage cross-border payments without juggling multiple accounts. For companies already using the World Account, it’s a natural extension, letting you spend directly from 15 supported currency balances, issue up to 25 virtual cards, and maintain tighter control over online expenses.

Pros

• Up to 1.2% cashback on eligible business spend (promotion)
• Zero foreign exchange fees when spending from supported currency balances
• Up to 25 virtual cards per business
• Strong security via 3D Secure (3DS) and AVS
• Free to issue with no monthly fee
• Integrated with the World Account

Cons

• Cashback currently limited to eligible online transactions and valid until 31 Dec 2025
• No physical card or ATM withdrawals yet
• Employee cards, Apple Pay, and Google Pay still “coming soon”
• Foreign exchange rates for non-supported currencies only shown at checkout

If your business makes frequent online purchases, SaaS payments, or ad spends, the WorldFirst card lets you save on foreign exchange and earn cashback at the same time. But if you also need physical cards, cash withdrawals, or lower, transparent conversion fees, the Wise Business Card remains one of the most versatile options.

• 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

Sources:

1. WorldFirst World Card
2. WorldFirst Singapore pricing
3. WorldFirst World Card Cashback Promotion Terms & Conditions

Sources checked on 15 October 2025