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Debit cards in Singapore

Find out how debit cards work and how to find the best debit card.

Debit cards are a convenient way for you to spend your own money, but not all cards are the same. This guide covers what you need to know about debit cards in Singapore, including how they work and how to find one for you.

How does a debit card work?

Debit cards are attached to your bank account and allow you to spend the money in that account. You can use your debit card to make purchases online and in-store and withdraw cash from ATMs. As soon as you make a purchase or withdraw money from an ATM using your debit card, the money will be deducted from your bank account.

What features should I look for to get the best debit card?

Debit cards can come with a host of features, including:

  • Cashback and rebates: Some debit cards give you cash back on certain types of purchases, such as contactless transactions or for spending on petrol. You might also get rebates for spending at select stores.
  • Multicurrency support. If you travel often or shop online at overseas stores you might benefit from a debit card that supports multiple currencies.
  • Low fees. You can find debit cards that won’t charge you fees for foreign currency spending or for ATM withdrawals.
  • Mastercard, Visa or NETS. Debit cards in Singapore give you the option of how you want to spend. If your debit card has a Visa or Mastercard logo you can sign for the transaction and use that card anywhere Visa or Mastercard is accepted, but many cards can also be used as a NETS card.
  • Free memberships. Your debit card may offer you free membership or a loyalty program which can save you money in the long run.
  • Use for transport. If your debit card has a SimplyGo function you can use it to tap on buses and trains.

Compare a range of debit cards in Singapore

1 - 20 of 25
Name Product Mobile View Debit Card Annual Fee Minimum Income Minimum Age Requirement Mobile payments
Canvas Pre-paid Visa Card and App
  • Annual Fee

    S$0

  • Minimum Income

    S$0

  • Minimum Age Requirement

    N/A

  • Mobile payments

S$0
S$0
N/A
Apple Pay, Google Pay

Finder special offer of 30 days free trial and $10 credit on each kid’s card upon activation.

Manages your kids’ pocket money and domestic helpers’ access to household expenses digitally.
Revolut Standard
  • Annual Fee

    S$0

  • Minimum Income

    S$0

  • Minimum Age Requirement

    N/A

  • Mobile payments

S$0
S$0
N/A
Apple Pay, Google Pay

Get 20% cashback on all eligible public transport expenses in Singapore when you pay with Revolut. Valid until 31 December 2021.

Enjoy no monthly fees, competitive currency conversion rates, and spend in over 150 currencies with Revolut’s Standard card.
YouTrip
  • Annual Fee

    S$0

  • Minimum Income

    S$0

  • Minimum Age Requirement

    N/A

  • Mobile payments

S$0
S$0
N/A
Apple Pay, Google Pay

Use promo code FINDER5 to earn $5 on signup.

A prepaid Mastercard with no monthly fees, contactless payment features and fee-free transactions in over 150 currencies. NOTE: Promo code valid for new signups and Singapore residents only.
Revolut Metal
  • Annual Fee

    S$0

  • Minimum Income

    S$0

  • Minimum Age Requirement

    N/A

  • Mobile payments

S$0
S$0
N/A
Apple Pay, Google Pay

Get 20% cashback on all eligible public transport expenses in Singapore when you pay with Revolut. Valid until 31 December 2021.

An exclusive premium contactless card that allows for unlimited currency exchanges, a free Lounge Pass, and 1% cashback on expenses.
Wise Multicurrency Account
  • Annual Fee

    S$0

  • Minimum Income

    S$0

  • Minimum Age Requirement

    N/A

  • Mobile payments

S$0
S$0
N/A
Apple Pay, Google Pay
Wise (formerly TransferWise) is an international account for over 50 currencies, with instant, super-cheap money transfer, a card to spend in any currency, bank details to get paid in 30 different countries and multi-currency direct debits.
Revolut Premium
  • Annual Fee

    S$0

  • Minimum Income

    S$0

  • Minimum Age Requirement

    N/A

  • Mobile payments

S$0
S$0
N/A
Apple Pay, Google Pay

Get 20% cashback on all eligible public transport expenses in Singapore when you pay with Revolut. Valid until 31 December 2021.

On top of standard Revolut perks, this debit card comes with unlimited spending and free overseas ATM withdrawals, up to $700 per month.
OCBC Frank Debit Card
  • Annual Fee

    S$0

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

S$0
N/A
16 years old
Apple Pay, Google Pay, Samsung Pay
Get unlimited 1% cashback on selected categories, access to exclusive deals and cashback with this stylish debit card.
BOC Chinese Cultural Debit Card
  • Annual Fee

    S$0

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

S$0
N/A
16 years old
Apple Pay, Google Pay
Enjoy all debit card features and exclusive privileges at China Cultural Centre, including discounts for performances and workshops.
HomeTeamNS PAssion POSB Debit Card
  • Annual Fee

    S$100 for 5 years and S$150 for 10 years

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

S$100 for 5 years and S$150 for 10 years
N/A
16 years old
Apple Pay, Google Pay, Samsung Pay, NETSPay, PayLah!
Earn up to 2% cashback alongside a host of other exclusive HomeTeamNS and PAssion benefits with this debit card.
Citibank Debit Mastercard
  • Annual Fee

    S$ 0

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

S$ 0
N/A
16 years old
Apple Pay, Google Pay, Samsung Pay
This debit card features a range of benefits including multi-currency access and contactless technology to streamline day-to-day payments.
ICBC VISA Dual Currency Debit Card
  • Annual Fee

    S$0

  • Minimum Income

    N/A

  • Minimum Age Requirement

    18 years old

  • Mobile payments

S$0
N/A
18 years old
Apple Pay, Google Pay
A multi-currency account linked debit card with fee-free exchanges for various foreign currencies including RMB, USD and GBP.
Trust Bank card
Trust Bank card
  • Annual Fee

    S$0

  • Minimum Income

  • Minimum Age Requirement

  • Mobile payments

S$0
Apple Pay, Google Pay
HSBC Everyday Global Debit Card
  • Annual Fee

    S$0

  • Minimum Income

    N/A

  • Minimum Age Requirement

    18 years old

  • Mobile payments

S$0
N/A
18 years old
Apple Pay
Enjoy 0% foreign exchange fees on 10 supported currencies when you pay, remit or withdraw cash with this multi-currency debit card.
DBS UnionPay Platinum Debit Card
  • Annual Fee

    S$0

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

S$0
N/A
16 years old
Apple Pay, Google Pay, Samsung Pay, NETSPay, PayLah!
Make seamless payments in Singapore and Mainland China with this debit card that offers up to 5% cashback on any spend.
UOB Lady’s Debit Card Review
  • Annual Fee

    First 3 years are free after which S$18 yearly would apply

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

First 3 years are free after which S$18 yearly would apply
N/A
16 years old
Apple Pay, Google Pay, Samsung Pay, NETSPay, PayLah!
Earn up to 10% SMART$ rebates with this beautifully designed debit card and enjoy a wide array of dining, beauty and shopping privileges.
PAssion POSB Debit Card
  • Annual Fee

    S$12 for 5-year membership

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

S$12 for 5-year membership
N/A
16 years old
Apple Pay, Google Pay, Samsung Pay, NETSPay, PayLah!
Earn up to 3% cashback on dining, groceries and local attractions, as well as complimentary PAssion membership with this debit card.
UOB One Debit Card
  • Annual Fee

    S$0 annual fee for the first 3 years and with 12 Visa/Mastercard transactions per year - S$18 thereafter

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

S$0 annual fee for the first 3 years and with 12 Visa/Mastercard transactions per year - S$18 thereafter
N/A
16 years old
Apple Pay, Google Pay, Samsung Pay
Earn up to 3% rebates on daily essentials and 1% on Grab transactions with this card.
Maybank Platinum Debit Card
  • Annual Fee

    S$0

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

S$0
N/A
16 years old
Samsung Pay
This debit card allows you to transact conveniently and earn reward points from everyday spending.
UOB Mighty FX Debit Card
  • Annual Fee

    S$0

  • Minimum Income

    N/A

  • Minimum Age Requirement

    18 years old

  • Mobile payments

S$0
N/A
18 years old
Apple Pay, Google Pay, Samsung Pay
Benefit from competitive FX rates when you to convert, spend and withdraw funds in 11 supported currencies with zero admin fees.
OCBC Yes! Debit Card
  • Annual Fee

    S$0

  • Minimum Income

    N/A

  • Minimum Age Requirement

    16 years old

  • Mobile payments

S$0
N/A
16 years old
Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, NETSPay
A fuss-free card that offers a 1% cash rebate on your daily spending and access to exclusive deals on entertainment, travel, dining and more.
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Compare up to 4 providers

What security features does my debit card have?

PIN

A PIN (personal identification number) allows you to securely spend money held in your bank account using your debit card. When you sign up for a bank account and receive your debit card, you should receive instructions on how to set your PIN. This may be done online through your Internet banking portal or through a banking app.

Keep your PIN to yourself and do not share it with anyone, this will help ensure your funds remain secure. If you forget your PIN or need to change it, you can contact your bank directly.

CVV

The Card Verification Value (CVV) is a three-digit number found on the back of your debit card. On American Express debit cards, the CVV is four digits. This number is used to verify your debit card and helps to reduce fraud, by proving to the merchant that you have the physical debit card with you when making a purchase online or over the phone.

What is a cashback debit card?

Many debit cards offer cashback as a feature in Singapore. You might be able to get cashback for making a contactless transaction, for spending at a certain retailer or for something else. Cashback is when you receive a certain amount back into your account for spending on eligible purchases. It’s usually a percentage of the transaction.

For example, 1% cashback on petrol purchases with your debit card would see you receive S$1 back on a S$100 petrol spend. Remember to read the terms and conditions of the cashback offer to make sure you spend on eligible purchases.

What limits and fees apply with debit cards?

  • Minimum monthly spend. Some debit cards in Singapore have a minimum spend requirement that you need to meet each month. This is usually around a couple of hundred dollars.
  • Annual fees. The more features your card offers, the more likely it is it will have an annual fee.
  • Fall-below fee. If you don’t meet the average daily balance set by the bank, you’ll be charged this fee.
  • Monthly fee. You might also be charged a monthly fee along with an annual fee.
  • Cheque book. If you request a cheque book, this may carry a fee.
  • Early account closing fees. You may be charged a fee for closing your account too soon after opening it.

Debit cards vs ATM cards vs credit cards

Debit cards allow you to spend the money in your bank account. ATM cards also allow you to do this, but debit cards are usually Mastercard- or Visa-branded. With debit cards, you also might not need to sign the receipt for purchases under a certain amount, but you always have to provide your PIN when purchasing with an ATM card. Debit cards also come with more fees than ATM cards, including annual fees.

Credit cards work differently. They still let you make purchases and withdraw cash from ATM, but you are using borrowed funds. Every dollar you spend will have to be repaid with interest.

Am I eligible for a debit card?

Debit cards have different eligibility criteria you will need to meet in order to apply. These can include:

  • Be of a certain age
  • Have a certain account with the bank
  • You may need to make a deposit

Frequently asked questions

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