Best Business Credit Cards In Singapore (2023)

Different business credit cards exist to suit different business needs and goals. Consider your business spending habits, fees and charges along with perks when comparing business credit cards.

Are you a business owner who’s looking for a business credit card to help free up your company’s cash flow, and keep business and personal expenses separate all while enjoying rewards, perks or savings? Good on you for recognising the power of a business credit card!

Like how varied consumer credit cards are, the same is said for business credit cards. Some are designed to help businesses earn rewards like cashback, miles or rewards points on their expenses while others could be more focused on keeping costs low through things like more favourable foreign exchange fees and no annual fees. Some business credit cards even throw in enticing travel perks or the ability to access flexible credit limits.

• Best for low foreign exchange fees & no annual fee: Aspire Corporate Card
• Best for flexible account management & cashback: Airwallex Borderless Card
• Best for unlimited cashback worldwide: Volopay Corporate Card
• Best for premium travel benefits & generous miles: American Express Singapore Airlines Business Credit Card
• Best for rewards on anything you spend on: Citi Business Card
• Best for no minimum spend, cap, or annual fees: Standard Chartered Business Debit Card
• Best for cashback on foreign currency: DBS World Business Card
• Best for dining and unlimited airport lounge access: UOB Regal Business Metal Card
• Best for flexible credit limits: Maybank Business Platinum Mastercard

Lion City's Finest: Discovering the Best Business Credit Cards in Singapore

Best for	Credit card	Key benefits
Low foreign exchange fees & no annual fee	Aspire Corporate Card Apply Now	Get low foreign exchange fees of 0.7%   Earn unlimited 1% cashback on digital marketing and SaaS transactions   No annual fee
Flexible account management & cashback	Airwallex Borderless Card Apply Now	Earn 1% cashback on local and foreign spend   No annual fee   No charge on account opening   No maintenance fee
Overseas cashback	Voloplay Corporate Card	Earn 0.5% cashback on local spend   Earn unlimited 2% cashback on foreign spend
Premium travel benefits & generous miles	American Express Singapore Airlines Business Credit Card Apply Now	Earn up to 8.5 HighFlyer Points per S$1 spent on eligible Singapore Airline Group flights, worth 8.1% cashback   Earn 1.8 HighFlyer Points per S$1 (worth 1.7% cashback) on all other spend    2 complimentary Priority Pass lounge visits per year   Fast-track membership upgrade to KrisFlyer Elite Gold status with min. S$15,000 spend on Singapore Airlines Group within first 12 months of card approval   Complimentary night stay yearly and up to 50% dining discounts with Accor Plus
Rewards on all spend unless stated otherwise	Citi Business Card	Earn 2 Citi ThankYou points for every S$1 spent, equivalent to 0.45% cashback or 0.8 miles per S$1 spent   Complimentary corporate liability waiver insurance coverage of up to US$25,000 per cardmember and US$1.65 million per company   Up to S$1 million complimentary travel insurance
Keep your business funds accountable	Standard Chartered Business Debit Card	Earn 1% unlimited cash rebate on all spend worldwide   No minimum spend   No annual fees   Enjoy The Good Life®️ card privileges and offers   Earn 1.68% p.a. interest when linked card to Smart Business$aver Account
All-rounded cashback, miles, or rewards card worldwide	DBS World Business Card	Earn 10 DBS Points per S$10 spend in foreign currency, equivalent to 2% cashback or 2 miles per S$1 spend   Earn 5 DBS Points per S$10 spend in local dining, entertainment, and travel bookings, equivalent to 1% cashback or 1 mile per S$1 spend   Up to 10 complimentary Priority Pass lounge visits per year   Up to S$1 million complimentary travel insurance coverage   Complimentary annual coverage against company misuse of up to US$25,000 per cardmember and up to US$1.65 million per company when you sign up for 2 or more cards
Dining and unlimited airport lounge access	UOB Regal Business Metal Card	Earn 2% cashback on overseas spend and all dining spend   Earn 1.5% cashback on all other spend   Earn 0.3% cashback on utilities   Unlimited airport lounge access via LoungeKey membership   Complimentary green fees under Mastercard Southeast Asia Golf programme   Complimentary Accor Plus membership & stay four nights for the price of three   Auto-enrolment to Silver status for Le Club Accor Hotels Loyalty Programme   Up to US$500,000 complimentary travel accident insurance coverage
Flexible credit limits and annual fee waiver	Maybank Business Platinum Mastercard	Earn 1 TREATS Points per S$1 spend on all eligible spend   Up to 51 days of interest-free credit on purchases   Up to S$1 million complimentary travel insurance coverage   Two-year annual fee waiver

Best for low foreign exchange fees & no annual fee: Aspire Corporate Card

Welcome Gift: Get rewarded over S$50,000 worth of benefits from Aspire's partners when you apply. T&Cs apply.

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The Aspire Corporate Card could be the business credit card for you if you are on the lookout for a S$0 annual fee business credit card – one that also offers a low foreign exchange fee of 0.7%. This virtual business credit card helps you save on marketing and Software-As-A-Service (SaaS) spend — think Google Ads, Facebook Ads, LinkedIn Ads, Slack, Xero, Google Suite, Mailchimp and more — thanks to the 1% unlimited cashback it offers.

All cashback earned will be automatically credited into your Aspire Account monthly in Singapore Dollars. Speaking about your Aspire Account, there's no need to maintain a minimum balance and no fall-below fees are charged as a result. Likewise for the initial deposit, there is no minimum amount either.

Besides letting you access exclusive benefits from partners, you can look forward to receiving real-time spend notifications along with prompt customer service. You can also link the Aspire Corporate Card with your company's accounting software, like Xero for example. And for added convenience, you can add it to mobile wallets such as Google Pay and Apple Pay.

However, keep in mind that the applicant for this card has to be a director of a Singapore-registered company.

Best for flexible account management and cashback: Airwallex Borderless Card

Hate complicated business management, especially when it comes to managing your company expenses? Despise troublesome international funds transfers? Then the Airwallex Borderless Card should do just the trick!

Specialising in international businesses, this card will set you up for success thanks to its offerings of multi-currency accounts, high-speed international transfers, expense management software, and online payment services all integrated into one seamless borderless card.

With its multi-currency account, you can open local currency accounts in over 60 countries, accept payments from over 180 countries, and likewise, transfer funds to over 150 countries.

Besides its intuitive expense management software, it also provides nifty software integrations by automatically syncing your transactions with your accounting system (e.g. Xero) for you. Tracking your business' account balance and expenditure has never been clearer!

Did we mention, the Airwallex Borderless Card doesn't come with any annual fees, so that's always a plus!

Best for unlimited international cashback: Volopay Corporate Card

Need a no-frills, straightforward cashback card for all your business transactions? The Volopay Corporate Card gets the job done. But what's the difference between this and the Aspire Corporate Card and Airwallex Borderless Card above? Well, for starters, the Volopay Corporate is a debit card.

But more importantly, it prides itself on enhancing visibility of your company's cash flow and provides real-time tracking for all spending – say bye bye monthly statement bills! But enough about business management, how much rebate can we expect from this corporate card alternative?

Use this card to earn 5% cashback on all local and foreign currency spend, with no cap at all. This means that every cashback earned on virtually (no pun intended) all spend is yours to keep! 

This is an incredible rate as far as unlimited cashback goes because as we all know, most unlimited cashback cards for personal use hover between 1.5% to 1.7% cashback only.

Best for premium travel benefits & generous bonus miles: American Express Singapore Airlines Business Credit Card

AMEX Singapore Airlines Business Card Welcome Gift: Receive a Samsonite Choca Spinner 68/25 (worth S$700) and 10,800 HighFlyer points when you spend at least S$6,000 in the first 3 months of card approval and pay the annual fee. Valid till 28 February 2024. T&Cs apply.

Also, get up to 68,000 HighFlyer points (worth S$647) when you spend at least S$4,000 over 2 consecutive 3-month periods from date of card approval. Valid till 28 February 2024. T&Cs apply.

The American Express Singapore Airlines Business Credit Card should be on your radar if your business typically deals with lots of overseas travel. As a co-branded Singapore Airlines American Express business credit card, you can expect a host of Singapore Airlines and travel perks.

Highlights? Look forward to earning up to 8.5 HighFlyer Points per S$1 spent on eligible Singapore Airline Group flights, which is worth 8.1% cashback. All other spends will earn 1.8 HighFlyer Points per S$1 spent, equivalent to 1.7% cashback. The HighFlyer Points can be used to offset future travel purchases with no caps, no blackout periods, and no restrictions. Just so you know, HighFlyer Points are valid for a full three years.

Also, since this is a co-branded card, all HighFlyer Points have a direct 1:1 conversion rate to KrisFlyer Miles. Meaning, 8.5 HighFlyer Points = 8.5 KrisFlyer Miles without any pesky conversion fees involved (unlike with other miles credit cards for individuals).

This business credit card also lets you enjoy up to 50% dining discounts and a free night's stay every year via a complimentary Accor Plus membership. Additionally, you get two complimentary Priority Pass airport lounge visits per year for you and a guest, up to S$1 million complimentary travel accident insurance and trip cancellation coverage.

If you'd like even more travel perks, you're given the opportunity to fast-track your KrisFlyer Elite Gold status qualification. Make a S$15,000 spend with the Singapore Airlines Group in your first 12 months of card approval and voila, you're KrisFlyer Elite Gold member.

These card benefits are in addition to the fact that American Express offers extended payment terms — up to 51 interest-free days from the transaction date — to help boost your business’ cash flow. 

If you're keen on other co-branded credit cards for personal use, consider the following:

Singapore Airlines co-branded credit cards

AMEX Singapore Airlines KrisFlyer Credit Card: 

• 1.1 mpd on local eligible spend, no cap
• 2 mpd on foreign eligible spend during June and December, no cap
• 2 mpd on eligible SIA-related spend, no cap
• 3.1 mpd on eligible Grab Singapore transactions, capped at S$200 per month
• Up to S$350,000 complimentary travel insurance

AMEX Singapore Airlines KrisFlyer Ascend Credit Card:

• 1.2 mpd on local eligible spend, no cap
• 2 mpd on foreign eligible spend in June and December, no cap
• 2 mpd on eligible SIA-related spend, no cap
• 3.2 mpd on eligible Grab Singapore transactions, capped at S$200 per month
• Up to S$1 million complimentary travel insurance

KrisFlyer UOB Credit Card:

• Up to 3 mpd on everyday spend with min. S$800 SIA-related spend per year
• 3 mpd on SIA, Scoot, KrisShop, and Kris+ purchases
• 1.2 mpd on all other spend
• Up to S$500,000 complimentary travel insurance

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American Express Singapore Airlines KrisFlyer Credit Card open_in_new

Airmiles Overseas: 2 miles per dollar

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American Express Singapore Airlines KrisFlyer Ascend Credit Card open_in_new

Airmiles Overseas: 2 miles per dollar

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KrisFlyer UOB Credit Card open_in_new

Airmiles Local: 3 miles per dollar

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Best for rewards on virtually all spend: Citi Business Card

The Citi Business Card lets you earn rewards on literally anything you spend on for your business. Be it meals, office supplies, marketing expenses, entertainment, or travel, this business credit card lets you earn 2 Citi ThankYou points for every S$1 spent. That's equivalent to 0.45% cashback or 0.8 miles per S$1 spent.

Besides making it easy for you to earn rewards across your business expenses, you will be thrilled to know that Citi Business Card will swoop in if you need to boost your business’ cash flow — it lets you enjoy a generous credit line of up to S$100,000 should you be looking to expand your business. Do note that this is in addition to your personal credit card line, so you enjoy even greater cashflow.

That’s not all, you’ll also enjoy up to 55 days of interest-free credit, on top of a complimentary corporate liability waiver insurance coverage of up to US$25,000 per cardmember and US$1,650,000 per company to protect against card misuse by your employees. This card also throws in complimentary travel accident insurance coverage of up to US$1 million per cardmember when you charge your full fare to the Citi Business Card.

SingSaver's Exclusive Offer: Enjoy 3x chances to win your share of up to S$200,000 in prizes in our epic 101! Milestone Giveaway, including S$5,000 bonus cash each week on top of ongoing promotions. Valid till 20 December 2023. T&Cs apply. Click here to check out our past Lucky Draw winners!

Receive an Apple iPad 9th Gen 10.2 Wifi 64GB (worth S$503.65) or Dyson Supersonic (worth S$699) or Dyson V8 Slim Fluffy (worth S$509) or S$300 cash via PayNow upon activating and spending (min. S$500 spend) within 30 days of card approval. Valid till 14 December 2023. T&Cs apply.

Plus, enjoy up to 2% cashback on all qualifying spend and up to S$656 cash when you apply for the Citi Cash Back+ card and join Citi Plus. T&Cs apply.

Our Best Deal Guarantee promises you the best deal only with SingSaver. If you find a better offer elsewhere, submit a claim, and we'll reward you with double the difference. Valid till 7 January 2024. T&Cs apply.

Pick Your Citibank Card Here!

Best for unlimited spend within your means: Standard Chartered Business Debit Card

Although this isn't a credit card, we think this debit card deserves a spot on our list. As far as card perks go, this debit card dishes out some solid benefits.

To compensate for its less ideal 1% rebate, this card has no rebate cap, no minimum spend, and no annual fees, ever... as long as your bank account can afford it. 😅

Basically, you can spend limitlessly to your heart's content (within your means) while still earning some rebate. If we were to compare it to other credit cards, the Standard Chartered Business Debit Card definitely squares up to other unlimited cashback credit cards on the market.

The downside is that its 1% rebate rate is relatively low compared to the usual 1.5% to 2% cashback rate offered by unlimited cashback cards. No matter, this is still a decent option if you still want to earn rebates without worrying about busting a rebate or a spend cap on your card.

Do note that you'll need to set up a Business Current Account with Standard Chartered first before you can obtain his debit card.

💡Pro-tip: Be entitled to 15% automatic rebates in hotels, dining, petrol, and other business logistics thanks to the MasterCard Easy Savings Programme.

Best for luxurious business trips and leisure spend: DBS World Business Card

The DBS World Business Card may boast a high annual fee of S$410.40 and a minimum annual income requirement of S$80,000, but this business credit card is packed to the brim with perks and privileges.

DBS World Business Card lets you earn cash rebates in the form of DBS Rewards Points which you can redeem for cash, air miles or even shopping vouchers. DBS World Business Card offers 2% cash rebate on overseas spending (equivalent to 2mpd); 1% cash rebate on local dining, entertainment and travel (equivalent to 1 mpd); and 0.3% cash rebate on all other transactions (equivalent to 0.3 mpd).

With regards to travel perks, this business credit card also lets you enjoy up to 10 complimentary Priority Pass airport lounge visits per year and up to S$1 million travel insurance coverage when the full travel fare is charged to this card.

And with the Mastercard easy savings® feature, rebates at participating merchants are automatically applied to your monthly statements. Merchants include the Dinova restaurant network in the USA and car rental service QeeQ in the Asia-Pacific.

DBS itself grants a host of business benefits across multiple categories too. This includes fuel discounts, dining privileges, cashback off utilities and telco bills, and more.

Lastly, you receive up to US$1.65 million employee misuse coverage and access to 24-hour dedicated service with DBS BusinessCare. You can also monitor and analyse card expenses whenever you wish, 24/7. However, do note that additional fees and charges may be applied.

Best for dining and unlimited airport lounge access: UOB Regal Business Metal Card

Created for business elites, the UOB Regal Business Metal Card is a by-invitation-only business credit card that offers top-notch luxury perks and benefits. These include home-based health screening packages offered by Doctor Anywhere and Fullerton Health, complimentary extra night's stay at participating Capella Hotels & Resorts, generous dining discounts at the Fullerton Hotel Singapore, Fullerton Bay Hotel Singapore, Pan Pacific Hotels Group properties, and much more.

For one, you get unlimited access to over 1,000 airport lounges worldwide thanks to the Mastercard Airport Experiences perk provided by LoungeKey. Furthermore, you're granted complimentary travel insurance coverage of up to US$500,000 for you and your family members.

Secondly, tee off into the sunset at your favourite premier golf courses all across Southeast Asia at complimentary green fees and attend golf lessons (worth S$2,200).

Like the other cards on this list, the UOB Regal Business Metal Card rewards you for spending as well. You get 2% cash rebate on all overseas and dining spends, with no minimum spend required. On the local front, you enjoy a 1.5% cash rebate on retail spend and 0.3% on utilities. These cash rebates are automatically used to offset your following month's balance, so there's no need to send out several SMSes or log in to a rewards portal.

However, the card is scant on business-specific perks and it has a high annual fee of S$686.36. And as mentioned earlier, you'll need to be invited by UOB to apply for this card.

Best for flexible credit limits: Maybank Business Platinum Mastercard

Maybank Business Platinum Mastercard offers flexible credit limits based on the company’s profitability. This is absolutely unaffected by any personal card limits, so fret not. Independent limits can be set for multiple cards as well, within the overall limit of course. Additionally, this business credit card lets you enjoy up to 51 days of interest-free credit on purchases.

To make things easier on businesses’ end, consolidated statements detailing expenses charged to all company-issued Maybank Business Platinum Cards will be provided. You can monitor spending and reconcile expenses for efficient tax reporting, too.

TREATS Points earned are flexible too — they can be redeemed for air miles, cash credits, vouchers and more. Along with the welcome 2-year annual fee waiver, Maybank Business Platinum Mastercard also offers complimentary travel insurance (up to S$1 million in coverage), global concierge services, worldwide withdrawal services and complimentary business logo printing.

You will earn 1 TREATS Points for every dollar spent on the Maybank Business Platinum Mastercard. And you can continue to earn TREATS Points when you apply for Maybank Auto PayBills and charge your recurring bills to the Maybank Business Platinum Mastercard.

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