Depending on the business account you choose to open, you’ll also have a corporate credit or debit card. The best corporate credit cards in Singapore help business owners such as yourself earn while you spend.
Choosing the best card for your business will help you do do three things:
When choosing a corporate credit card for your business, you’ll want to watch out for annual fees, cashback, and other benefits it provides. We’ve compiled four of the best corporate credit cards in Singapore to help you make your decision.
Cashback lovers, this is for you. The DBS Corporate Card is one of the best business cards for cashback in Singapore. Standing at 0.4%, this card is a great choice for small businesses looking to boost their earnings.
Cardholders will also earn 1 DBS point for every $5 charged to the card, which can be exchanged for partner rewards. Apart from that, you’ll also have access to complimentary travel accident insurance, and annual coverage of employee misuse.
Although the DBS Corporate Card does have an annual fee of S$192.60, it remains one of the most popular business cashback cards because of its stellar benefits.
This card ranks in the list of best corporate credit cards in Singapore because of its unique benefits.
Similar to the DBS Platinum Business Card, cardholders of the Maybank Business Platinum card will get to enjoy free travel insurance. On top of that, you’ll also gain access to exclusive lounges and global concierge services.
For every dollar spent with the Maybank Business Platinum Card, you’ll earn 1 TREATS points which can be exchanged for cash credits, air miles, and dining discounts. This is effectively equivalent to a 0.4% cashback. Other perks also include flexible credit limits and extended interest-free crediting.
Applicants will also enjoy a 2-year waiver on pesky annual fees, which means you can focus on growing your business.
Coming in with a 0.3% cash rebate on your card transactions, the UOB Business Platinum Card is one of the top corporate credit card picks amongst small to medium business owners in singapore.
Enjoy savings with the Mastercard Easy Savings programme, which provides rebates on business services with merchants like Apple and Microsoft.
But the most unique part of being a UOB Business Platinum cardholder has to be the access to UOB’s Commercial Privileges Programme. On top of the cashback, cardholders can enjoy exclusive offers and discounts from a host of suppliers—perfect for businesses that rely heavily on vendor partnerships.
These include deals for tech equipment, working space, and even pantry essentials—all of which are unique to UOB corporate credit cards. For an up and coming business, discounts on these office essentials are a great way to save on initial costs!
The Citi Bank Corporate Card makes it onto our list because of its affordable annual fee, and stellar benefits.
With the Citi Corporate Card, you can earn up to 0.3% on any business spend. This allows you to accumulate ThankYou Points which can be exchanged for vouchers or cash rebates. ThankYou Points can also be redeemed for flight miles—great news if you’re a frequent flyer.
Similar to other corporate credit cards on this list, Citi Cardholders will also enjoy free travel insurance coverage of up to S$1mil per person.
With its highly competitive foreign transaction fees, and enticing cashback of 1% on digital spend, the Aspire Corporate Card is the best corporate card for digitally savvy companies looking to grow their reach.
If your company is big on tech and has a strong emphasis on marketing and advertising, the Aspire Corporate Card might be the card for you. This debit card offers up to 1% cashback on online marketing and SaaS spend. Which means you can earn cashback while running ads on Facebook or Instagram.
Other than these platforms, Aspire also has a comprehensive list of qualified merchants that are eligible for the 1% cashback. It also offers a low foreign transaction fee at 0.7%, making foreign deals and transactions a breeze.
Being an entirely virtual card also whittles the possibility of losing your card to zero. The Aspire Corporate Card also has no annual fees or minimum deposit, which means you won’t have to worry about extra costs.
Before choosing the best corporate credit card for your business, it’s important to analyse your business needs. The most suitable card for your business can help to not only save costs, but also make daily business processes fuss-free.
If you’re also looking to open a business account, check out our comparison of the best business accounts in Singapore here.