There is no single best multi-currency card in Singapore, because each one is cheapest on a different measure. As at November 2026, YouTrip states the largest free overseas ATM allowance at S$400 a month, Wise uses the mid-market rate with a fee from 0.19%, and Revolut’s free plan charges no exchange fee on weekdays up to $5,000 a month. A no-fee credit card and a bank multi-currency account are also worth a look.
Below, we compare six options on their stated fees and say who each does not suit.
How We Compared Multi-Currency Cards
We read each provider’s own fee page or terms and compared:
- the fee to convert or spend in a foreign currency;
- the free overseas ATM allowance and the fee after it;
- top-up costs and account limits;
- what kind of institution it is and how your money is protected.
We included the three main travel wallets, one wallet that links to your existing cards, one credit card that states no foreign currency fee, and one bank multi-currency account. We left out any fact we could not find on the provider’s page.
One limit of this method: fees are published, but exchange rates move by the second. Two providers with a 0% fee can still give different rates. Compare the rate in each app with a reference rate on the day.
Best Multi-Currency Card in Singapore: The Comparison Table
| Option | Type | Stated conversion fee | Free overseas ATM cash | Main catch |
|---|---|---|---|---|
| Wise | E-money wallet and debit card | From 0.19%, varies by currency, on the mid-market rate | $100 a month, then 1.75% | Small ATM allowance; $8.50 card fee |
| Revolut Standard | E-money wallet and debit card | None on weekdays up to $5,000 a month; then 1% | $350 or five withdrawals a rolling month, then 2% | 1% fee outside market hours |
| YouTrip | E-money wallet and Mastercard | 0% stated | $400 a calendar month, then 2% | 12 wallet currencies; 1.5% on Visa credit card top-ups |
| Instarem amaze | Wallet, or linked to your Mastercard cards | 0% markup stated on wallet spending | Up to $1,000 a day from the wallet; fees not stated on the card page | Linked-card fee not stated on the card page |
| Trust Link credit card | Credit card | No fee from Trust; Visa’s rate | Cash advance fee of 8% from 1 February 2026 | Not for cash; it is credit |
| DBS Visa Debit Card on My Account or Multiplier | Bank account and debit card | No foreign exchange fee in 11 currencies when linked | Not stated on the card page | Only 11 currencies; 3.25% otherwise |
Notes on the last three rows:
- amaze: Instarem’s card page says you can link up to five Mastercard credit or debit cards, hold 11 currencies in the wallet and earn 0.5 InstaPoints per dollar of eligible wallet spend. It does not state the fee on linked-card transactions, so read the fee schedule before relying on it.
- Trust: its key facts sheet says foreign amounts convert at the rate provided by Visa with no fee from Trust, and that the card has no annual fee.
- DBS: the 11 currencies are AUD, CAD, EUR, HKD, JPY, NZD, NOK, GBP, SEK, THB and USD. You need to make My Account or Multiplier the card’s primary linked account and hold the currency.
A Worked Example: S$2,000 in Japan, Plus S$500 Cash
Illustration only, using our own figures and each provider’s stated fees. It ignores differences in the exchange rates themselves.
| Card | Fee on $2,000 of spending | Fee on $500 of ATM cash |
|---|---|---|
| Bank credit card at 3.25% | $65 | Cash advance; avoid |
| Wise | From $3.80 (at the 0.19% floor) | $7 |
| Revolut Standard, converted on a weekday | $0 | $3 |
| Revolut Standard, converted at a weekend | $20 | $3 |
| YouTrip, topped up by PayNow | $0 | $2 |
| YouTrip, topped up by Visa credit card | $30 | $2 |
| Trust Link credit card | $0 from Trust | 8% cash advance fee; avoid |
| DBS Visa Debit Card with yen held in My Account | $0 | Check DBS’s ATM fees |
ATM operators overseas may add their own fee to every row.
The short version: For card spending, several options now state no fee or a very low one, so the differences lie in the conditions: weekends, monthly limits, top-up method and currencies covered. For cash, the free ATM allowance is what separates them.
Who Each Option Does Not Suit
Wise does not suit heavy cash users, since only $100 a month is free. Full details in our Wise review.
Revolut Standard does not suit people who convert at weekends or exchange more than $5,000 a month. See our Revolut review.
YouTrip does not suit people who want to hold currencies outside its 12, or who fund it with a Visa credit card. See our YouTrip review.
amaze does not suit anyone who wants every fee on one page. We could not confirm the linked-card fee from the card page.
The Trust Link credit card does not suit travellers who need cash, or anyone who might carry a balance. Trust states interest of 18.9% to 29.9% a year from 1 July 2026, which outweighs any fee saved.
The DBS route does not suit trips outside the 11 currencies. DBS’s standard 3.25% fee applies to other foreign currency spending.
Protection: Wallet, Bank Account or Credit Card
The six options sit in three different regimes.
- E-money wallets. The MAS directory lists Wise, Revolut and YouTrip as major payment institutions. MAS states that e-money is not a bank deposit and is not protected by deposit insurance, and that major payment institutions must safeguard customer money. Instarem says it is licensed by MAS. We did not confirm the licence type, so check the directory.
- Bank foreign currency accounts. MoneySense states that foreign currency deposits are not covered by Singapore’s deposit insurance, which covers Singapore dollar deposits only.
- Credit cards. You are spending the bank’s money, so there is no balance to protect. The risk to manage is debt.
None of this argues against using a wallet for a holiday. It argues against leaving large sums in one.
What To Do Next
- Decide what you need most: card spending, cash, or holding a currency in advance. Pick on that measure.
- Carry two different options, such as one wallet and one credit card, in case one is declined.
- Compare the rate in the app with a reference rate before converting a large amount.
- Read the head-to-head in Wise vs Revolut vs YouTrip, and the wider guide on how to pay less on overseas spending.
- If you collect miles, see the best credit cards for overseas spending for the cost per mile.
- Set the trip budget first in the budget planner. Sign-up offers exist and change often, so check each provider’s own page.
