The 5 Best Debit Cards in Singapore

Best Debit Cards in Singapore

If you hate going over the counter at banks to withdraw money, then we highly suggest that you get your hands on the best debit cards in Singapore. That way, you no longer have to waste your time lining up at banks just to have enough cash at hand.

Since there are a lot of debit cards available, searching for the right ones can get a bit difficult.

If you have no idea which ones to get, then don’t stop reading just yet… because we’re making a list of the best debit cards in Singapore for faster and easier transactions.

Check them out one by one below.

1.  DBS Debit Card

DBS Debit Card

BEST FOR  3% Cashback
PAYMENT NETWORK Visa
FEES No annual fees
ELIGIBILITY For residents, at least 16 years old with a savings account
WEBSITE https://www.dbs.com.sg/personal/cards/debit-cards/dbs-visa-debit

If you’re looking for a debit card that offers cashback for selected transactions, then look no further than DBS’s Visa Debit Card. It also has Tap and SimplyGo features that can be used to pay for trains and buses in Singapore.

What’s more, there’s no foreign exchange fee if used for overseas transactions, unlike other debit cards. Teenagers as young as 16 years old will be able to get their hands on this debit card as long as they have a stable savings account, which is why we consider it one of the best debit cards in Singapore for students.

More than this, applying for this debit card is also no hassle. As long as you meet the basic criteria, your application will be pretty much accepted.

Highlights

  • No foreign exchange fees
  • Tap and SimplyGo feature

 

2.  UOB One Debit Card

UOB One Debit Card

BEST FOR  Online Shopping
PAYMENT NETWORK Mastercard
FEES $18 per year
ELIGIBILITY For residents, at least 16 years old with a savings account. No minimum income required
WEBSITE https://www.uob.com.sg/personal/cards/debit-cards/one-debit-mastercard.page

Some of the attractive features of the UOB One Debit Mastercard are 10% rebates, worldwide acceptance, enhanced card security, and many more. It’s the ideal debit card to purchase if you’re only planning to use it for shopping and dining transactions.

It’s also a contactless card, so it can be used for bus and train fares. If you tend to do a lot of online shopping, the UOB One Debit Mastercard comes with an e-commerce protection that ensures all your purchases are legit and safe.

Withdrawing money from ATMs has been made easier with the UOB One Debit Mastercard. All you need to do is tap your phone and key in your ATM pin for faster and more hassle-free transactions.

Highlights

  • Contactless card
  • Easier withdrawal
  • E-commerce protection

 

3.  HSBC Everyday Global Debit Card

HSBC Everyday Global Debit Card

BEST FOR  Frequent Travellers
PAYMENT NETWORK Visa
FEES No annual fee
ELIGIBILITY For residents, at least 21 years old with a savings account. No minimum income required
WEBSITE https://www.hsbc.com.sg/debit-card/products/everyday-global/

The HSBC Everyday Global Debit Card is a multi-currency card that can be used for overseas travelling without having to pay for foreign exchange rates. So, if you’re a frequent traveller, then this one’s the right card for you!

Moreover, the HSBC Everyday Global Debit Card can also be used to withdraw money anywhere in the world, which makes travelling even more enjoyable and stress-free. It also comes with frequent bonuses and rebates, which is why we consider it one of the best debit cards in Singapore.

It’s indeed the ideal debit card to get if you want to make the most out of your travels without spending way beyond your budget.

Highlights

  • Bonuses and rebates
  • Multi-currency
  • No withdrawal fees overseas

 

4.  OCBC Yes! Debit Card

OCBC Yes! Debit Card

BEST FOR  Transportation and Food
PAYMENT NETWORK Visa
FEES $20
ELIGIBILITY For residents, at least 16 years old with a savings account. No minimum income required
WEBSITE https://www.ocbc.com/personal-banking/cards/yes-debit-card.html

If you’re searching for a debit card that’s ideal for food and transportation transactions, then OCBC’s Yes! Debit Card would be a great match for you! You can earn rebates on every transaction made with Grab, Comfort, CityCab, McDonald’s, Subway, Burger King, and a whole lot more.

One of the reasons we consider among the best debit cards in Singapore is the card security that goes along with it. You can set its daily transaction limit for your account’s safety.

Such a feature is also helpful in managing your expenses, so you’re reminded not to go beyond your set daily budget.

Highlights

  • Card security
  • Rebates for transport and food

 

5.  Standard Chartered Business Credit Card

Standard Chartered Business Credit Card

BEST FOR  No Rebate Cap and Minimum Spend
PAYMENT NETWORK Mastercard
FEES No annual fees
ELIGIBILITY For residents, at least 21 years old with a savings account. No minimum income required
WEBSITE https://www.sc.com/sg/business-channels-access/business-debit-card/

It’s no secret that the Standard Chartered Business Debit Card is considered one of the best debit cards in Singapore for the flexible and lenient transactions. Most customers love that there’s no limit on the rebates they are to receive.

On top of this, there’s no required minimum spending per transaction, so it can be used at convenience stores, gas stations, and even fast food chains.

Another thing we love about it is that it comes with frequent dining, lifestyle, and travel promos and privileges.

Highlights

  • Promotions
  • No annual fee
  • Easy application

 

And with that, we conclude our list of the best debit cards in Singapore. If we missed out on other great debit cards, don’t hesitate to share their names and what makes them worth our attention.

By the way, if you’re also looking for a credit card with great features, then we recommend that you check out our list of the best credit cards in Singapore. Any of these credit cards will make any transaction faster and more convenient!

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