Best Corporate Credit Cards in Singapore

The 7 Best Corporate Credit Cards in Singapore

If you’re looking for the best corporate credit cards in Singapore that can cover employees expenses such as hotels, plane tickets, and credits, then you’ve come to the right place!

Today, we’re doing a rundown of the best corporate credit cards in Singapore that every business should get their hands on. Most of our picks even offer perks like access to airport lounge and frequent flyer miles.

Anyway, check out our list and read until the end to know which one’s the perfect credit card for your company!

1. Aspire Corporate Card

Aspire Corporate Card

BEST FOR  Startups, SMEs, Modern & Digital Businesses
PERKS 100% free, no fees
1% Cashback on digital purchases
Market lowest FX rates (on average 5x cheaper than banks)
Create unlimited cards and assign them to employees
Set card budgets to control spend
Scale your business with credit limits
Integrated with your accounting software
PAYMENT NETWORK Visa
ANNUAL FEE No annual fees
ELIGIBILITY Click here for list of qualified merchants
WEBSITE https://sg.aspireapp.com/

If there’s one corporate credit card that we couldn’t recommend enough to growing businesses, it’d have to be the Aspire Corporate Credit Card. It can be used in over 50+ currencies, with low exchange rates and best of all it has no annual fees.

In terms of perks, the Aspire Corporate Credit Card comes with everything that a modern business might need. The perks range from cashback on digital purchases, access to 51-day free credit limit, and the market’s lowest FX fees (on average 5x cheaper than banks).

One of the top reasons we consider it one of the best corporate credit cards in Singapore is the ease of use coupled with the best-in-class spend management features. Companies can also create a card per employee, merchant or use-case, speeding up your purchasing process while ensuring top grade security. All of your company’s transactions are seamlessly synced with your accounting software like Xero, Quickbooks, and more.

Aspire is known for its dependable customer services as well, making sure that the concerns of every business owner are addressed as soon as possible. It’s indeed one of the best corporate credit cards in Singapore available today.

Highlights

  • No annual fees or minimum spends
  • Unlimited virtual cards with fast application process
  • Cashback on digital purchases
  • Market lowest exchange rates
  • Expense management software
  • Accounting automation

Customer Reviews

Here’s what a business owner who signed up for the Aspire Corporate Card has to say about it:

“Being able to issue unlimited cards for free has really helped us optimize our expense tracking. At last count we issued 39 cards across our team of 20. Our employees move faster and feel more empowered to make purchasing decisions, and that’s had a noticeable positive effect on our company culture.”

 

2. Volopay

Volopay

BEST FOR Startups, SME’s, & Large Enterprises
PERKS Physical and virtual Visa corporate cards

Flat 2% cashback on FX Card spends (No cap)

Credit line up to $500k with extremely fast credit scoring process within 48 hours

Money transfers with best rates

Expense management software with budgeting and approval flows

Real-time spend visibility

Integration with almost every accounting software

PAYMENT NETWORK VISA
ANNUAL FEE No annual fees
ELIGIBILITY Nil
WEBSITE https://www.volopay.co/
WELCOME OFFER Get Apple AirPods once you onboard onto Volopay and reach $3k spend mark

The single corporate card that does it all. Volopay corporate cards are undoubtedly the smartest cards in the arena, built for the needs of businesses. From expense management, customizable spending rules, approval flows, credit lines to accounting automation, it does it all.
Moreover, unlike other market players, Volopay is the only expense management software to offer both physical and virtual cards for your teams.

It’s the perfect one-stop solution for every business out there who wants to streamline their business expenses plus save considerably at the end of each day.

Volopay offers flexible credit lines of up to 500K on the cards and the credit scoring process takes little to no time. Best of all, your entire card spending qualifies for cashback. Fx transactions receive 2% cashback, so does your online hosting, subscription, and overseas spending all effectively receive a 2% discount each month.

At the end of its operation cycle, it helps you to close your books faster, as all your business expenses sit directly into the accounting software you use daily.

All the features come with an extra layer of security, as you might not need all those plastic cards for your expenses, just create virtual cards on the go, set custom budgets, and you’re all set!

With Volopay, you get your personal account manager as soon as you onboard, who is always there with you, from setting up your accounts, to answering any of your queries, support is 24*7 available.

Highlights

  • Cashback of 2% on Fx transactions (On all merchants – No Limitation)
  • No annual fees or minimum spend
  • Credit up to $500K
  • Unlimited virtual cards
  • Expense management software
  • Lowest FX rates
  • Budgeting & approval process (Maker-checker)
  • Real-time spend tracking
  • Accounting automation (Xero, Quickbooks, Netsuite, and custom integrations)
  • Partner benefits up to 35k
  • Employee reimbursement tool included

Customer Reviews

Here’s what some people have to say about them:

“We use virtual cards to manage all our marketing and SaaS spends. We now have better visibility and control, while earning 2% cashback.” — Mitul Doshi, President Finance & ops – Invideo

3. Spenmo

Spenmo

BEST FOR  Startups, SMEs, Modern and Digital Businesses
PERKS No hidden fees or signup fees
Unlimited physical and virtual cards with instant approval
Cheapest international transfers with 0% FX markup
Real-time notifications, visibility and tracking of business spends
Accounting automation and software sync
PAYMENT NETWORK Mastercard
ANNUAL FEE No annual fee
ELIGIBILITY All businesses registered in Singapore
WEBSITE https://spenmo.com/

The corporate card for your growing business. Spenmo Corporate Cards empower your business to grow with best perks that include 2% unlimited and unrestricted cashback on ALL card spend, mid-market transfer rates with 0% FX mark up, and access to a credit line starting from S$5,000.

Business payments are made easy with Spenmo. Issue unlimited physical and virtual credit cards to your employees for secure local and international payments. Using cards for business expenses makes it easier to track purchases; therefore, reducing the need for lengthy reimbursements, and manual reconciliation of payables and paper receipts from different spend categories.

Its real-time analytics feature can give you an overview of spending habits in your company and identify high expense areas to help you avoid overspending again.

Spenmo cards are equipped with security features such as real-time payment updates and quick detection of fraudulent activities and dubious transactions. Account owners and managers also have full control over the cards. Easily freeze and unfreeze card accounts with just one click and assign pre-approved funds to avoid overspending.

In addition to corporate cards, Spenmo is an expense management software that can manage internal spend management, employee expense claims, payroll, automated bill payments, approval workflows and accounting reconciliation into an integrated view – all for a packaged monthly subscription rate of S$39.

Spenmo customers also enjoy a top-notch customer support service, available 24/7.

Highlights

  • No hidden fees or signup fees
  • Unlimited physical and virtual card with instant approval
  • Cheapest international transfers with 0% FX markup
  • Real-time notifications, visibility and tracking of business spends
  • Seamless accounting automation and reconciliation
  • Invoice approval workflows
  • Expense management software
  • Freeze and unfreeze cards with just one click
  • Merchant lock feature (block purchases from unauthorized vendors)

Customer Reviews

Here’s what companies who signed up for Spenmo has to say about it:

“Spenmo is a welcome change; with each employee having an access to their own company card brings in visibility to the finance department and mankes tracking of spends easy”

“Spenmo has made paying our marketplace sellers a breeze. It is as easy as sending an email and they take care of the rest. We save time and money to focus on other things.”

“Since using Spenmo, we’ve managed to create Virtual Cards as a replacement of our Amex Card, get the card users to take a picture of the receipt with the Spenmo map and simply “Sync to Xero” to have our records updated.’

4.  Citi Corporate Card

Citi Corporate Card

BEST FOR  Cashback bonuses
PERKS Travel insurance coverage, single payment solution, cashback, and corporate insurance
PAYMENT NETWORK Visa or Mastercard
ANNUAL FEE S$150
ELIGIBILITY Minimum net worth of S$50,000
WEBSITE https://www.citibank.com.sg/

For small and medium-sized companies with employees who need to go on frequent business travel, the Citi Corporate Card might be the perfect corporate card to consolidate all your expenses. It rewards companies with an annual 3% cashback of all the transactions incurred.

Its single payment solution is ideal for businesses looking to streamline all expenses and be compensated for all the plane tickets, meals, and hotel accommodations when the date of payment comes.

Through its single payment method, tracking all the expenses of the previous year becomes a lot easier, as every transaction is listed in one statement.

What’s more, the Citi Corporate Card comes with generous travel insurance coverage in case something unexpected happens while employees are on a business trip. This is why we call it one of the best corporate credit cards in Singapore.

  • Easier tracking of expenses
  • Travel insurance

5.  DBS World Business Card

DBS World Business Card

BEST FOR  Airport priority pass
PERKS Travel insurance coverage, cash rebate, airport lounge access, and employee misuse coverage
PAYMENT NETWORK Visa or Mastercard
ANNUAL FEE S$406.60
ELIGIBILITY >S$80,000 per annum
WEBSITE https://www.dbs.com.sg/

The benefits that business owners and employees can get from DBS World Business Card seem endless, from cash rebates down to airport priority passes. It surely is one of the best corporate credit cards in Singapore just for these features alone.

Other perks that come with the DBS World Business Card are fuel discounts, dining discounts, travel insurance, air miles, and even shopping vouchers. It also rewards users with a 2% cashback on overseas spending, regardless if for business or not.

DBS World Business Card is also known for its wide travel insurance coverage that can go all the way up to S$1 million. Some of the items covered are flight delays, accidents, hospitalisation, and long luggage.

Business owners need not worry about unnecessary expenses because they can monitor it 24 hours a day. It’s also one of the few corporate credit cards that come with employee misuse coverage.

  • Cash rebates
  • Employee misuse coverage
  • Travel insurance
  • Airport priority passes

6.  UOB Platinum Business Card

UOB Platinum Business Card

BEST FOR  Complimentary travel insurance
PERKS Travel insurance coverage, cash rebates, improved cash flows and no annual fees
PAYMENT NETWORK Visa or Mastercard
ANNUAL FEE S$180
ELIGIBILITY Check their website for requirements and eligibility
WEBSITE https://www.uob.com.sg

The UOB Platinum Business Card is one of the best corporate credit cards in Singapore that can give companies more flexibility when it comes to their expenses.

Each card comes with the privilege of gaining access to preferential rates and exclusive discounts that will make spending less stressful! Every transaction with the UOB Platinum Business Card entitles the user to a .30% cash rebate!

On top of that, UOB Platinum Business Card is among the few corporate credit cards that allow extended payment terms of up to 51 days.

Users can also enjoy a complimentary travel insurance protection of up to S$1 million. Some of the inconveniences covered by the insurance are flight delays, baggage delays, baggage loss, and even missed flight connections.

  • No annual fees
  • Cash rebates
  • Travel insurance coverage

7.  Maybank Business Platinum Card

Maybank Business Platinum Card

BEST FOR  2-year annual fee waiver
PERKS Travel insurance coverage, cash rebates, improved cash flows and no annual fees
PAYMENT NETWORK Mastercard
ANNUAL FEE S$180
ELIGIBILITY Check their website for requirements and eligibility.
WEBSITE https://www.maybank2u.com.sg/

Every credit card owner knows how much of a nuisance annual fees are. What if we tell you that the Maybank Business Platinum Card can waive the annual fee for the first 2 years?

As one of the best corporate credit cards in Singapore, the Maybank Business Platinum Card provides users with seemingly endless perks and benefits, from concierge services to worldwide withdrawal services.

Other perks that can be enjoyed by business owners and employees are travel insurance, cash credits, mall vouchers, and air miles from KrisFlyer and Asia!

More than that, tracking and settling payments for annual expenses will no longer turn the heads of company accountants upside down because the Maybank Business Platinum Card allows consolidated statements.

  • Complimentary travel insurance
  • Complimentary air miles
  • Mall vouchers
  • Cash credits

And that’s it for our list of the best corporate credit cards in Singapore. Have you already picked one that matches your business’s needs? Tell us all about it!

Anyway, if you’re searching for another credit card for travel purposes, we recommend checking out our list of the best miles cards in Singapore. Our list features credit cards that will make your overseas travels a lot more memorable!