A debit card is an account-linked payment card that works like a credit card, through the same credit card networks like Visa or Mastercard. It acts as a substitute for money in payments.

Any purchase charged to your debit card is deducted directly from your bank account. Transactions on a debit card are automatic and can only go through if there are sufficient funds in the account linked to the debit card. A debit card can be used for a wide range of transactions, such as payment for shopping online, payment for transport, payment for reservations and bookings.

A debit card can work as an ATM card as well. Cash is withdrawn from the bank account the debit card is linked to. Unlike credit cards, these cash withdrawals do not incur separate charges or any interest.

Singapore citizens must be at least 16 years old and need a signature-operated bank account. You can apply for a debit card online. If you are a foreigner, you will need to apply in person at the branch and produce your passport and employment pass that's valid for at least six months