Best Debit Cards in Singapore (2024)

Post-pandemic, Singaporeans have shifted from relying heavily on cash to settle all types of purchases to preferring cashless payment methods such as debit cards.

If you don’t have the best Singapore debit card yet, you’re definitely missing out. Owning a card can help you unlock a ton of online and in-store purchases, as well as special features to help you get the most out of your money.

If you are interested in the best debit cards in Singapore or student debit cards, this guide is for you. Here, you will learn about the ultimate debit cards you can use and their benefits.

The best debit cards in Singapore allow you to spend directly from your checking account. credit cardyou won’t have to pay anything after using this card. Debit cards can not only be used to purchase products and services, but can also be used to withdraw cash from ATMs. Learning how to get a debit card in Singapore is very simple and you can do it completely online.

While both credit cards and debit cards are widely accepted in Singapore, there are key differences between the two. Credit cards allow you to borrow money from a bank and pay it back later, whereas the best debit cards in Singapore allow you to use funds already in your checking account.

If you’re looking for an affordable way to pay, debit cards are the way to go. Debit cards don’t charge interest or late payment fees, so you can avoid debt and save money. Plus, you get the added security of being able to monitor your spending in real time.

Check out some great debit card options. Most of these are also the best debit cards for students and the best debit cards for miles.

If you want a debit card that helps you maximize your savings and earn rewards, look no further than the Standard Chartered XtraSaver. This interest-bearing card lets you earn cash back on selected purchases.

For example, you can get up to 15% cash back on gas purchases, in addition to the gas station discounts you can enjoy. You can also get up to 3% cash back on Mastercard transactions anywhere in the world.

There is no minimum initial deposit requirement for the best debit card options in Singapore. However, if your average daily balance is less than S$3,000 in the second month after account opening, you will be charged S$5 per month. This card charges S$2 per month and the debit card has an annual fee of S$20.

Applying for the card takes just 10 minutes and can be done entirely online. You can also enjoy higher interest rates when you spend, save, deposit paychecks and pay bills using the app.

Want to know more about Standard Chartered Debit Card in Singapore? Click here.

The Citibank Debit Mastercard is designed to bring you convenience in Singapore and around the world. Whether you need a card to pay your daily shopping bills or withdraw cash, this is a great choice.

One of the advantages of this best debit card in Singapore is its multi-currency feature, which allows you to use up to 15 foreign currencies. This is a very useful advantage if you often travel abroad or like to shop internationally online. You can also enjoy exclusive privileges such as social events, as well as car rental and hotel discounts.

Plus, you’ll get exclusive automatic cashback from participating overseas merchants across a wide range of categories.

Interested in a Citibank Debit Card in Singapore? View this page.

This best debit card in Singapore supports Visa payWave, NETS contactless payment modes and Apple Pay. This way, you can use it as a card for public transportation, restaurants, other venues and online shops. You just need to tap the card for each transaction. No signature is required every time you make a purchase with your HSBC Premier Debit Card in Singapore.

With this best debit card for students, you can also withdraw cash at over 800 locations in Singapore such as Cold Storage, HSBC ATMs, atm5 Network, 7-Eleven, etc. You can also withdraw cash at over 2.3 million Visa/Plus ATMs worldwide, with a S$0 fee for withdrawing cash overseas at HSBC ATMs.

This best debit card in Singapore has a 0 SGD fee for withdrawing cash overseas at HSBC ATMs. You can also save up to SGD 40 if you buy movie tickets and enjoy 5% off on hotel bookings on agoda. You can also use the code “VISA8” to enjoy 8% off on hotel.com bookings.

Remember, the large purchase limit for HSBC Premier Debit Cards in Singapore is S$25,000.

Go to this page If you would like to apply for an HSBC Premier Debit Card.

If you are looking for a student debit card in Singapore, this card is a good choice as it has no monthly fees or credit checks. It works like a prepaid debit card in Singapore.

The Singapore PayPal Debit Card lets you use your PayPal balance anywhere Mastercard is accepted. This card is also great for those who want to save money as it lets you earn cash back on eligible purchases. With this card, you can check out securely in-store and online stores by swiping or tapping. You can also withdraw cash for free at over 37,000 ATMs worldwide.

While withdrawals at MoneyPass ATMs are free and there are no US transaction fees, you need to factor in a 2.5% foreign transaction fee and a $2.50 fee for withdrawals at non-MoneyPass ATMs. This is a great debit card for students in Singapore because it has no monthly fees or credit checks.

Click here to learn more about the Paypal Debit Card.

If you like to travel or trade in different countries, a dual currency card will be very useful. With the Bank of China Singapore Debit Card, you can store both Singapore dollars and RMB for easy use anytime, anywhere. This card does not charge currency conversion fees for all RMB transactions in your RMB account, plus you can enjoy the convenience of UnionPay, China’s largest payment network.

If your RMB balance is insufficient for the transaction, the remaining amount will be deducted from your SGD account based on the real-time exchange rate.

Not only that, this best debit card for students also lets you earn 0.3% cash back on all local and international transactions. You can also save money because there is no annual fee, ever.

If you would like to know more about this debit card, please click here.

Are you a frequent traveler? If so, you might be looking for a miles debit card. Well, here is one of the most incredible options in the country. The UOB KrisFlyer Debit Card is a must-have. This debit account allows you to spend and save on your travels with no minimum spend requirement. With this debit card, you can earn KrisFlyer miles for every S$1 spent on Scoot, Singapore Airlines, KrisShop and Kris+ purchases.

With this miles-earning debit card, you can also earn 0.4 miles on all other purchases, up to 7 KrisFlyer miles for every SGD 1 spent with UOB debit cards and accounts. Cardholders can also enjoy exclusive offers from Grab, Scoot and ChangiWiFi.

The UOB Krisyflyer Debit Card also lets you enjoy great exchange rates for all your travel needs. You can skip the queues at currency exchange shops as these rates can be viewed on your UOB TMRW app. As for UOB Krisflyer Debit Card fees, you don’t have to worry about any administration fees either.

If you apply for this best debit card, you can get up to S$198 in cash credits and 3,000 welcome miles. This promotion will run from 1 January to 31 March 2024, and is limited to the first 200 new and old UOB deposit customers each calendar month who deposit their salary into the UOB Krisflyer Debit Card.

Please visit this page to learn more about KrisFlyer Debit Card Singapore.

There’s no doubt that having the best debit card in Singapore or a student debit card can make your life a lot easier – you don’t have to carry cash with you, you don’t have to worry about exceeding your credit card limit, and you can enjoy exclusive offers. Now that you know the best debit cards in Singapore, you can finally choose the one that best suits your needs.