YouBiz corporate card review 2026: Features, fees, and benefits

Rating

Overall rating: 3.8 / 5

Methodology

Our evaluation of the YouBiz corporate card is based on a clear and transparent rating framework that is designed to provide an objective overview of its overall quality and performance.

Arithmetic mean approach

To arrive at the final score, we calculate the arithmetic mean, which involves adding up individual category scores and dividing the result by the total number of categories.

Equal weighting

Each category (Features, Pricing & FX, Global payments, Ease of onboarding, and Support & ecosystem) is assigned equal importance, ensuring a balanced and unbiased final score.

Data sources

Our ratings are based on official documentation, publicly available pricing and feature details, third-party reviews, and verified user feedback.

Interpretation caveat

While this method provides a fair and objective benchmark, it does not reflect individual business priorities.

Intended use

The resulting score is designed as a general performance indicator, useful for making comparisons and informing decision-making. But it should be considered alongside your specific business needs and priorities.

[Table:1]

YouBiz corporate card key features in 2026

YouBiz is part of Singapore and Hong Kong-based You Technologies Group, the team behind YouTrip – provider of multi-currency mobile wallets and prepaid cards for consumers and travellers. As a 'Major Payment Institution' licensed by the Monetary Authority of Singapore, YouBiz started its Singapore operations in 2022.²

We have already reviewed the YouBiz multi-currency business account in a previous article – 'YouBiz business account review: Features, pricing, and alternatives (2026)'. Here, we catalogue the key features of its business card:

Multi-currency Mastercard card

The YouBiz corporate card is a prepaid card that functions like a debit card. It can hold in 8 currencies and support transactions with zero FX fees in 20 currencies – SGD, USD, GBP, EUR, AUD, CAD, HKD, INR, BRL, CNY, IDR, JPY, MYR, PHP, LKR, KRW, CHF, THB, TRY, and VND.³ In all, the YouBiz corporate supports 150+ currencies across 190+ countries. Card holders can make global payments locally without currency conversions by drawing directly from their linked YouBiz accounts. The platform also facilitates batch payments, allowing users to make up to 1,000 seamless bill payments at a time.

Physical and virtual cards

YouBiz provides virtual and physical cards. The former are convenient for making remote purchases and paying online subscriptions while the latter are intended for in-person purchases and travel expenses. Virtual cards are issued instantly and don’t require activation. Physical cards are delivered in 5-7 business days and require activation.

Unlimited cash back on online and offline spend

A highlight of the YouBiz business card is its provision of unlimited cash back at the rate of 1% with no minimum spend cap. The cash back is calculated monthly and credited to the user's linked YouBiz account by the 15th of the following month.

Low exchange rates with 0 FX fees

With competitive wholesale foreign exchange rates and zero FX fees (translated as no additional mark-ups, conversion fees, or service charges), YouBiz claims 6 times more savings on remittance fees than traditional banking solutions.⁴ Furthermore, it has a provision for locking in favourable rates to avoid currency fluctuations.

Card locking facility

YouBiz users can instantly lock or cancel their cards in case of theft, loss, or risk of fraud. They also have the option of unfreezing their cards.

ATM withdrawals

You can use your YouBiz physical cards to make withdrawals at ATMs that accept Mastercard across the world. YouBiz does not have an ATM withdrawal fee but some overseas ATM operators might impose an additional charge.

Built-in spend management

The card's integrated expense management feature allows users to streamline their business finances and prevent unwanted expenses by creating invoice approvals and merchant categories and setting custom spending limits for each card. A tracking tool that monitors transactions in real time provides full visibility into card spending.⁵

Accounting integrations

YouBiz integrates with leading accounting software Xero, allowing its customers to sync transactions seamlessly across platforms and systems and create streamlined workflows that save time and error.

YouBiz fees and exchange rates in 2026

YouBiz card-related charges are only shown on the dashboard at the time of making a transaction. Despite the lack of publicly disclosed information, here's what we do know about YouBiz pricing:

Card fees

There is no fee for issuing a card. But you might be required to pay to replace a lost or misplaced card. YouBiz also does not charge for ATM withdrawals, although an overseas ATM operator fee might apply.

Transaction fees

YouBiz provides free local transfers in SGD. Charges for overseas payments vary and are displayed on the YouBiz dashboard at the time of making a transaction.

FX rates

YouBiz offers wholesale exchange rates – usually with a marginal difference of 0.1% to 0.4% – with zero FX fees and no hidden fees.⁶

Account fees

As YouBiz cards are directly linked to a YouBiz business account, it's important to know about account fees as well. Luckily, YouBiz does not charge an account set-up fee or monthly fees. Neither does it have a minimum balance requirement.

How to apply for a YouBiz corporate card

Who is eligible for a YouBiz corporate card and how does one apply for it? Here's all you need to know:

Eligibility

To issue a YouBiz card, you must first open a YouBiz multi-currency business account. Any registered company that operates in Singapore, whether local or foreign, can open a YouBiz account, provided they pass the verification checks.

Documentation

No documents are required for card issuance, but account opening requires certain documents. These include copies of the company's ACRA Business Profile, National Registration Identity Card, and an authorisation letter (if the applicant is not a company director). Alternatively, applicants can use Singpass (MyInfo Business) to autofill their details on the YouBiz online application form. Businesses registered outside Singapore must submit a business register or company registry report.

Once you've opened and activated your YouBiz account, follow the steps detailed below to issue a card for yourself or your team.

YouBiz corporate card application process – A step-by-step guide

• Log in to YouBiz on the mobile app or web page and navigate to 'Cards'
  
• Click on 'Add card' and select who you would like to create a new card for
  
• Choose between a virtual card or physical card
  
• Virtual cards are instantly issued while physical cards are delivered to your address in 5-7 days
  
• Once you've received your new physical card, you'll need to activate it. To do this, log in to the YouBiz dashboard again, punch 'Cards', click on your new card, and push 'Activate'
  
• Next, create a 6-digit to transact (in countries that require a PIN) or make ATM withdrawals and you're good to go⁷
  

Who is the YouBiz Singapore corporate card best suited for

With zero FX charges, no monthly fees, 1% unlimited cash back on card spending, and competitive foreign exchange rates, the YouBiz corporate card is a good match for start-ups and SMEs looking to maximise savings on international transactions.

It is also suitable for e-commerce platforms and digital-first companies due to its fully digital, API-enabled financial management solutions. At the same time, companies with large remote workforces would benefit the most from its offer of unlimited virtual cards issued instantly.

YouBiz is also a good fit for businesses in need of expense management and accounting tools at an affordable price.

YouBiz Singapore corporate card is not a good fit for

The YouBiz corporate card is not designed for Singapore companies whose business operations depend on overseas vendors and clients located in countries that are not serviced by YouBiz.

It is also a poor fit for companies looking for a business card that offers lines of credit or interest-free periods (a corporate credit card would be more suitable).

Being a prepaid card, the YouBiz card might not suit companies that don’t want the administrative hassle of frequently pre-loading their YouBiz accounts.

YouBiz corporate card pros and cons

The advantages of a YouBiz corporate card include:

• Supports international payments in 150+ foreign currencies across 190+ countries
  
• Virtual (unlimited) and physical cards allow companies and employees to pay for business expenses quickly and easily
  
• Zero card fees, competitive FX rates with zero FX fees, and zero ATM withdrawal charges make it a highly affordable corporate card
  
• Genuine savings from unlimited cash back on card spending
  
• Overseas ATM withdrawal facility
  
• Integrated expense management tools that allow you to set individual spending limits, create merchant categories and approvals, track transactions and team expenses in real time, etc
  
• Accounting integrations for seamless and error-free book-keeping
  

Meanwhile, there are a few disadvantages:

• Holds in 8 foreign currencies and support transactions without FX fees in just 20
  
• Only available to YouBiz business account holders
  
• Lack of public information on transaction fees for international payments
  

YouBiz corporate card vs Aspire corporate card

[Table:2]

While both Aspire and YouBiz are known for competitive FX rates, Aspire's transparent pricing with fees shown upfront leaves less room for ambiguity.

Other alternatives to YouBiz corporate card

• Volopay corporate card: Similar to the YouBiz corporate card, Volopay offers Visa-powered multi-currency physical and virtual cards to take care of online purchases and in-person employee expenses. The Volopay card is recommended for its strong expense management capabilities – including multi-level invoice approvals, spend limits, merchant categories, real-time tracking and expense updates – that help its clients maintain full visibility and tight control over cross-border business payments.
  
• DBS World Business Card: Like the YouBiz physical corporate card, the DBS corporate card is targeted at business travel. It comes with various travel perks such as cash rebates, air miles, lounge access, and shopping vouchers. On the downside, the DBS card charges a high annual fee and comes with high annual income requirements, making it more suitable for larger Singapore businesses.
  
• Wise Business card: The Wise Business card is a Visa debit card that can receive, hold, convert, and pay in 40+ currencies across 160+ countries. It comes in virtual and physical formats, allows international ATM withdrawals, and boasts of expense management and accounting tools. Wise Business is best known for its transparent and low-cost fees with competitive FX rates.
  

Conclusion

While the YouBiz corporate card is strong all around, the Aspire corporate card is better in certain aspects. It facilitate overseas transactions at market-leading FX rates and transparent fees with no hidden fees. It is also particularly strong on the digital spend front, offering 1% cash back on digital marketing, SaaS, and e-commerce and logistics purchases, computed automatically at the end of each month. Aspire also offers all of YouBiz's main highlights – unlimited virtual cards, smart expense management tools, and 11 accounting integrations (compared to 1 for YouBiz).

FAQs

How does YouBiz work?

YouBiz provides Singapore companies with a Mastercard prepaid debit card that holds in 8 currencies and transacts in 150+ across 190+ countries, including transactions with zero FX fees in 20 major currencies. It supports free local transfers.

What is the limit on the YouBiz card?

Card holders can send up to SGD $200,000 to a local recipient in a single transfer. To send more, they must make a second transfer. The transaction limit for sending funds to an overseas recipient varies by currency – for example, USD $500,000, GBP 250,000, and EUR 300,000.⁸

Is YouBiz a bank?

YouBiz is not a bank but a corporate card and business account provider aimed at small businesses.

How do I transfer money to YouBiz?

You can top up your YouBiz business account through a standard bank transfer or through PayNow by generating a unique QR code and scanning it on your banking app.

How do I register for YouBiz?

To register, you can go to the YouBiz sign-up page and start the registration process for opening a business account.

How to use YouBiz?

You can use YouBiz to set up a business account or issue virtual and physical corporate cards to pay for business expenses, settle invoices with overseas vendors, and streamline workflows.