With the widespread use of debit cards, financial transactions have become more efficient and smooth in Singapore’s hectic metropolitan environment. These electronic payment methods have completely changed how Singaporeans manage their finances and make purchases since they provide a wide range of advantages. Debit cards are an essential component of Singapore’s contemporary financial environment due to their simplicity, security features, and general adoption.
Best Debit Cards in Singapore
Services | Frequent Travellers |
Payment Network | Visa |
Fees | No annual fee |
Website | https://www.hsbc.com.sg/debit-card/products/everyday-global/ |
A multi-currency debit card that may be used for international travel without having to pay conversion fees is the HSBC Everyday Global Debit Card. Therefore, if you travel frequently, this card is ideal for you.
Traveling is now even more pleasurable and stress-free thanks to the ability to withdraw cash from any ATM in the globe with the HSBC Everyday Global Debit Card. We think it’s one of the finest debit cards in Singapore since it frequently offers perks and rebates. It is in fact the best debit card to have if you want to maximize your trip experiences without going overboard with your expenditures.
Highlights:
- Bonuses and rebates
- Multi-currency
- No withdrawal fees overseas
Services | Transportation and Food |
Payment Network | Visa |
Fees | $20 |
Website | https://www.ocbc.com/personal-banking/cards/ocbc-debit-card.page |
OCBC’s Yes! Debit Card is a great option if you’re looking for a debit card that works well for food and transit purchases. You and a debit card would make a fantastic pair. With Grab, Comfort, CityCab, McDonald’s, Subway, Burger King, and many more, you may earn rewards on every purchase.
The card security that comes with it is one of the factors that we think makes it one of the finest debit cards in Singapore. For the security of your account, you can establish a daily transaction limit. Such a tool aids in regulating your spending by serving as a constant reminder not to exceed your daily spending cap.
Highlights:
- Card security
- Rebates for transport and food
Services | 3% Cashback |
Payment Network | Visa |
Fees | No annual fees |
Website | https://www.dbs.com.sg/personal/cards/debit-cards/dbs-visa-debit |
DBS’s Visa Debit Card is the only debit card you need if you want to receive cashback on specific purchases. Additionally, it offers Tap and SimplyGo functionalities that may be used in Singapore to pay for trains and buses.
Additionally, unlike other debit cards, there is no foreign currency cost when used for international transactions. This debit card is among the finest ones in Singapore for students because it can be obtained by teenagers as early as 16 years old so long as they have a reliable savings account.
Highlights:
- Up to 4% Cashback on what you want, every time
- No foreign exchange fee
- 5% cashback when you dine out
Services | No Rebate Cap and Minimum Spend |
Payment Network | Mastercard |
Fees | No annual fees |
Website | https://www.sc.com/sg/business-channels-access/business-debit-card/ |
There is no denying that the Standard Chartered Business Debit Card is one of the top debit cards in Singapore for accommodating and flexible purchases. Customers often like that there is no cap on the number of refunds they may get.
It may also be used in convenience stores, petrol stations, and even fast food chains because there is no necessary minimum expenditure for each transaction. It also offers frequent eating, leisure, and travel promotions and benefits, which is another thing we appreciate about it.
Highlights:
- Promotions
- No annual fee
- Easy application
Services | Online Shopping |
Payment Network | Mastercard |
Fees | $18 per year |
Website | https://www.uob.com.sg/personal/cards/debit-cards/one-debit-mastercard.page |
The UOB One Debit Mastercard has a number of appealing features, including 10% rebates, global acceptance, improved card security, and many more. If you solely intend to use your debit card for dining and shopping, this is the one to get. Additionally, because it is contactless, you may pay for bus and rail fares with it.
If you often buy online, the UOB One Debit Mastercard offers an e-commerce protection feature that makes sure all of your purchases are secure and legitimate. The UOB One Debit Mastercard has made it simpler to withdraw cash from ATMs. For simpler, quicker transactions, all you have to do is tap your phone and enter your ATM pin.
Highlights:
- Contactless card
- Easier withdrawal
- E-commerce protection

Debit cards have become a crucial financial resource for Singaporeans as the city-state continues to embrace technological innovations. Debit cards provide a smooth and effective option for daily transactions due to their ease, wide acceptance, strong security features, and financial management capabilities. These cards provide Singaporeans more financial control, enabling individuals to participate fully in the fast-paced cashless culture of the city-state whether they are making payments at physical businesses or navigating the online world.
Do check out our list of Credit Cards and have time to check their services.
Frequently Asked Questions
FAQs
Does Singapore have debit card?
What debit card is used in Singapore?
How do debit cards work in Singapore?
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