Best Business Credit Cards In Singapore (2024)

SingSaver team

SingSaver team

Last updated 01 January, 2024

Every spending situation is unique. SingSaver assembles the 'Best For' list, so you can decide what’s best for you.


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.


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 CardAspire Corporate Card | SingSaver
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 CardCreate Borderless Cards for business travel and enjoy 30% off Uber for  Business trips | Airwallex HK
Earn 1% cashback on local and foreign spend
 
No annual fee
 
No charge on account opening
 
No maintenance fee
Overseas cashback
Voloplay Corporate CardVolopay Card: Get Uncapped 2% Cashback on All Foreign Spending
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 CardThe Amex SIA Business Credit Card | Singapore Airlines

 

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 CardBest Business Credit Cards For Any Company In Singapore (2021)
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 CardDBS Commercial Card Spend Promotion
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 CardUOB Regal Business Metal Card | UOB Singapore
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 MastercardMaybank Business Platinum Mastercard | SingSaver
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

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.

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


Best for flexible account management and cashback: Airwallex Borderless Card

Create Borderless Cards for business travel and enjoy 30% off Uber for  Business trips | Airwallex HKHate 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!

Welcome Gift: Get 5% cashback on your digital ad spends for 3 months when you apply for the Airwallex Borderless Card. Valid till 31 Dec 2023. T&Cs apply.

 


Best for unlimited international cashback: Volopay Corporate Card

Volopay Card: Get Uncapped 2% Cashback on All Foreign Spending

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

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. 

AMEX Singapore Airlines Business Card Welcome Gift: Receive up to 30,000 HighFlyer points (worth S$285) when you apply for an AMEX SIA Business card and spend at least S$3,000 within the first 3 months of card approval. Valid till 31 July 2024. T&Cs apply.

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


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 Score Big CC Campaign Phase 2✨: Be one of the first applicants to score a rewards upgrade to a PlayStation®5 (Slim) Disc Edition (worth S$799) when you apply for participating products in SingSaver. Limited to the first 600 Citi CC & first 400 SCB Simply Cash CC eligible applicants only. Remaining applicants will enjoy existing rewards. Check out FAQs here. Valid till 30 June 2024. T&Cs apply.

SingSaver's Exclusive Offer: Receive the following rewards and experience Fastest Rewards Fulfilment when you sign up for a Citi Credit Card:

📣ONLY AVAILABLE ON SINGSAVER📣: Citi PremierMiles Card and Citi Prestige Card:

Get a Dyson Supersonic (worth S$699) or a Dyson Micro 1.5kg Vacuum (worth S$599) or an Apple iPad 10th Gen 10.9 WiFi 64GB (worth S$529) or S$450 eCapitaVoucher upon activating and spending a minimum of S$500 within 30 days of card approval. Valid until 30 June 2024. T&Cs apply.

For Citi Premier Miles Card:  Get an additional S$100 eCapitaVoucher when you simultaneously open a Citi Citigold Account. Valid until 30 June 2024. T&Cs apply.

Other Citi Credit Cards: Receive a Sony Portable Theatre System HT-AX7 (worth S$759) or a Dyson Supersonic (worth S$699) or an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$529) or S$450 eCapitaVoucher or S$300 cash via PayNow upon activating and spending a minimum of S$500 within 30 days of card approval. Valid until 30 June 2024. T&Cs apply.

Rewards Upgrade Campaign_BLOGARTICLE_800x250

⬆️Reward Upgrade Campaign⬆️: Upgrade your rewards when you top up S$1,200 for an Apple MacBook Air 13” (M3 chip) 256GB (worth S$1,599) or an Apple iPhone 15 Pro 128GB (worth S$1,664.25). Alternatively, top up S$1,786.00 for a Samsung Galaxy S24 Ultra Titanium Gray 12+512GB 5G (worth S$2,128). Valid till 30 June 2024. T&Cs apply.


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

Business Banking - Standard Chartered Singapore

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.

✨SingSaver Score Big CC Campaign Phase 2✨: Be one of the first applicants to score a rewards upgrade to a PlayStation®5 (Slim) Disc Edition (worth S$799) when you apply for participating products in SingSaver. Limited to the first 600 Citi CC & first 400 SCB Simply Cash CC eligible applicants only. Remaining applicants will enjoy existing rewards. Check out FAQs here. Valid till 30 June 2024. T&Cs apply.

SingSaver's Exclusive Offer: Enjoy the following rewards when you sign up for a Standard Chartered credit card. Eligible for new Standard Chartered cardholders only.

Standard Chartered Simply Cash Credit Card : Receive a Sony HT-AX7 (worth S$769) or a Dyson SSHD (worth S$699) or an Apple iPad 9th Gen 10.2 Wifi 64GB (worth S$508.30) or S$330 cash upon activating and spending min. S$500 within 30 days of card approval. Also, get an additional S$30 e-Capitaland voucher when you make a min. spending of S$800 in your 2nd month. Valid till 30 June 2024. T&Cs apply

Receive an additional S$20 e-Capitaland Voucher when you split the payment for your purchases with SCB Easy Pay, pay your bills with SCB Easybill or put any of your purchases on instalment in SCB Savings Account or Current Account within 60 days of approval. Valid till 30 June 2024. T&Cs apply.

Plus, get S$288 cashback when you make a min. spend of S$588 within 1 month of card approval. Valid till 30 June 2024. T&Cs apply.

Rewards Upgrade Campaign_BLOGARTICLE_800x250

⬆️Reward Upgrade Campaign⬆️: Upgrade your rewards when you top up S$799 for an Apple Watch Ultra 2 GPS + Cellular, 49mm (Alpine Loop/Ocean Band/Trail Loop) (worth S$1,210.10). Alternatively, top up S$1,150 for a Macbook Air 13" 256GB M3 (worth S$1,599) or iPhone 15 Pro 128GB (worth S$1,664.25). Valid till 30 June 2024. T&Cs apply.


Standard Chartered Smart Card and Rewards+ Card: Receive a Sony WF-1000XM5 (worth S$429) or a Dyson AM07 (worth S$4590) or a Flujo BEA Ergonomic Office Chair (worth S$509) or up to S$250 cash upon activating and spending min. S$250 within 30 days of card approval. Also, get an additional S$20 e-Capitaland voucher when you make a min. spending of S$800 in your 2nd month. Valid till 30 June 2024.   T&Cs apply.

Receive an additional S$20 e-Capitaland Voucher when you split the payment for your purchases with SCB Easy Pay, pay your bills with SCB Easybill or put any of your purchases on instalment in SCB Savings Account or Current Account within 60 days of approval. Valid till 30 June 2024. T&Cs apply.

Plus, get S$288 cashback when you apply for an SCB Smart Credit Card and make a min. spend of S$588 within 1 month of card approval. Valid till 30 June 2024. T&Cs apply.

Rewards Upgrade Campaign_BLOGARTICLE_800x250

⬆️Reward Upgrade Campaign⬆️: Upgrade your rewards when you top up S$199 for a Flujo Ayla Ergonomic Office Chair (worth S$1,139.00) or a Xiaomi Robot Vacuum X20 UK (worth S$699). Valid till 30 June 2024. T&Cs apply.


Standard Chartered Journey Credit Card Only: Receive up to 60K combined Max Miles (the highest miles rewards on the market) or an Apple AirPods Pro (Gen 2) (worth S$365.70) or up to S$150 cash upon activating your card within 30 days and no minimum spend required. Get the additional miles when you apply with annual fee payment (S$196.20 incl. GST) and make a min. spend of S$3,000 within 2 months of card approval. Valid till 30 June 2024. T&Cs apply.

Also, receive a S$20 e-Capitaland voucher when you make a min. spending of S$800 in your 2nd month. Plus, get an additional S$20 e-Capitaland Voucher when you split the payment for your purchases with SCB Easy Pay, pay your bills with SCB Easybill or put any of your purchases on instalment in SCB Savings Account or Current Account within 60 days of approval. Valid till 30 June 2024. T&Cs apply. 

Rewards Upgrade Campaign_BLOGARTICLE_800x250

⬆️Reward Upgrade Campaign⬆️: Upgrade your rewards when you top up S$199 for a Flujo Ayla Ergonomic Office Chair (worth S$1,139.00) or a Xiaomi Robot Vacuum X20 UK (worth S$699). Valid till 30 June 2024. T&Cs apply.


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$414.20 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.

DBS/POSB Credit Card Welcome Gift: Receive up to S$388 cashback or 85,000 miles when you apply for select DBS credit cards and fulfil the relevant promotion criteria. T&Cs apply.


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.

UOB Credit Card Welcome Offer: Receive S$350 Cash Credit or up to 50,000 miles when you apply for select UOB credit cards and fulfil the minimum spending requirements. Valid till 30 June 2024. T&Cs apply.


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.


Read these next
:
Compare Best Business Credit Cards in Singapore
AMEX-SIA Business Credit Card: How Does It Stack Up Against Other Corporate Cards?
Travel Insurance: Does It Cover Redemption Bookings By Air Miles?
Top Credit Card Promotions And Deals On SingSaver
5 Ways To Save Money On Top Hotels

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