Best Corporate Credit Cards for Businesses 2022

Business owners have a lot of difficult decisions to make, including which corporate credit card to get. To simplify this decision and help you focus on growing your business, we have evaluated the best SME credit cards in Singapore from banks such as DBS to UOB for small business owners.

“YouBiz”
Best SME Credit Cards Overall:
Best SME Credit Cards for Cashback:
Best SME Credit Card for Supplier Discounts:
Best SME Credit Cards for Networking Perks:
Best SME Credit Cards for Affordable Basics:
Best Elite SME Credit Card, by Invitation Only:
Best Overall SME Credit Cards: Best SME Credit Cards for Cashback: Best SME Credit Card for Supplier Discounts: Best SME Credit Cards for Networking Perks: Best SME Credit Cards for Affordable Basics: Best Elite SME Credit Card, by Invite Only:

Best Overall SME Credit Cards

For those who operate small and medium businesses, this corporate credit card could provide the best savings and rewards on everything from regular business expenditures to business trip expenses.

YouBiz Corporate Credit Card: Best for Startups Looking For A Long-Term Corporate Banking Tool

  • Annual fee: No annual fee
  • Unlimited 1% cashback & 0% FX fees on all card spend
  • No Annual Fees, Minimum Transaction Volumes or Minimum Balance
  • Exclusive perks with YouBiz partners
  • Free Local Transfer
  • Multi-currency accounts in up to 9 currencies
  • Unlimited virtual & physical corporate cards
  • Real-time expense tracking
YouBiz Corporate Card is a corporate credit card designed for startups looking for a long-term banking tool. With unlimited one percent cashback and zero FX fees, YouBiz aims to help local companies in Singapore reach out to international markets through value-added services and partnerships. YouBiz has launched partnerships with Google to provide businesses with direct support for digital marketing services and established travel partners like Booking.com and Qatar Airways on additional savings for travel expenditure as business travel resumes.


Finally, the YouBiz Corporate Card has no annual fee or minimum account balance, which is great for start-ups looking for an affordable SME banking account in the long run. SMEs with multiple business transactions on a global scale or those seeking to drive expansions overseas should definitely consider the YouBiz Corporate Card.

  • Annual fee: No annual fee
  • Unlimited 1% cashback & 0% FX fees on all card spend
  • No Annual Fees, Minimum Transaction Volumes or Minimum Balance
  • Exclusive perks with YouBiz partners
  • Free Local Transfer
  • Multi-currency accounts in up to 9 currencies
  • Unlimited virtual & physical corporate cards
  • Real-time expense tracking
YouBiz Corporate Card is a corporate credit card designed for startups looking for a long-term banking tool. With unlimited one percent cashback and zero FX fees, YouBiz aims to help local companies in Singapore reach out to international markets through value-added services and partnerships. YouBiz has launched partnerships with Google to provide businesses with direct support for digital marketing services and established travel partners like Booking.com and Qatar Airways on additional savings for travel expenditure as business travel resumes.
Finally, the YouBiz Corporate Card has no annual fee or minimum account balance, which is great for start-ups looking for an affordable SME banking account in the long run. SMEs with multiple business transactions on a global scale or those seeking to drive expansions overseas should definitely consider the YouBiz Corporate Card.

American Express Singapore Airlines Business Credit Card: Best for Business Travellers

  • Annual fee: S$299, waived for first year
  • Supplementary card fee: S$99 (1st 2 free)
  • 8.5 KrisFlyer pts (worth 8.1% cashback) per S$1 spend on SIA & SilkAir flights
  • 1.8 KrisFlyer pts (worth 1.7% cashback) per S$1 general spend
  • Complimentary night's stay and up to 50% dining discounts with Accor Plus across Asia-Pacific
  • 2 free lounge visits/year for cardholder & a guest
  • Accelerated KrisFlyer Elite Gold Status with S$15,000 spend on Singapore Airlines Group within first year of Card Membership
  • Hertz Gold Plus Rewards Programme & rental car privileges
  • Free travel inconvenience & accident insurance
  • Extended payment terms: up to 51 interest-free days from transaction date
  • 0% interest instalment plans across 6, 12 or 24 months via Pay Small
For businesses that conduct a great deal of overseas travel, American Express Singapore Airlines Business Card is an exceptional option. Every S$1 spend on SIA and SilkAir flights earns 8.5 HighFlyer pts (worth 8.1% cashback), while all other spend earns 1.8 HighFlyer points (worth 1.7% cashback). Points go into your business's SIA account and can be redeemed for tickets on SIA and SilkAir, Scoot vouchers & more. You can pay for such tickets with a mix of cash and earned points, which means you won't have to save up for a points-only purchase. Still, HF points don't expire for 3 years anyway, allowing businesses to accrue rewards during off-seasons and redeem them for future trips. Currently, one HF point is equivalent to one KrisFlyer point.


Amex SIA Business Card's luxury travel perks also add significant value as well as convenience and comfort to your business trips. Each cardholder enjoys 2 free lounge visits per year for themselves and a guest, plus free travel insurance, complimentary night's stay with Accor Plus across Asia-Pacific, and Hertz rental car privileges. With S$15k+ spend on SIA brands within the first year, a registered corporate traveller can also be upgraded to KrisFlyer Elite Gold status. Finally, account holders can immediately benefit from the card's new first-year fee waiver and updated sign-on bonuses, which include hotel staycation opportunities in light of the current pandemic.

Finally, Amex SIA Business Card helps out SMEs year-round with its extended payment terms, offering up to 51 interest-free days from the transaction date (21 days from the statement date) and a 0% interest instalment plan via Amex Pay Small. This allows businesses with irregular cash flow to continue operating without added costs. Overall, Amex SIA Business Card is one of the best options on the market for companies that conduct a substantial amount of business overseas.

  • Standout: Up to 8.5 KrisFlyer pts per S$1 on SIA & SilkAir flights
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$299, waived for first year
  • Supplementary card fee: S$99 (1st 2 free)
  • 8.5 KrisFlyer pts (worth 8.1% cashback) per S$1 spend on SIA & SilkAir flights
  • 1.8 KrisFlyer pts (worth 1.7% cashback) per S$1 general spend
  • Complimentary night's stay and up to 50% dining discounts with Accor Plus across Asia-Pacific
  • 2 free lounge visits/year for cardholder & a guest
  • Accelerated KrisFlyer Elite Gold Status with S$15,000 spend on Singapore Airlines Group within first year of Card Membership
  • Hertz Gold Plus Rewards Programme & rental car privileges
  • Free travel inconvenience & accident insurance
  • Extended payment terms: up to 51 interest-free days from transaction date
  • 0% interest instalment plans across 6, 12 or 24 months via Pay Small
For businesses that conduct a great deal of overseas travel, American Express Singapore Airlines Business Card is an exceptional option. Every S$1 spend on SIA and SilkAir flights earns 8.5 HighFlyer pts (worth 8.1% cashback), while all other spend earns 1.8 HighFlyer points (worth 1.7% cashback). Points go into your business's SIA account and can be redeemed for tickets on SIA and SilkAir, Scoot vouchers & more. You can pay for such tickets with a mix of cash and earned points, which means you won't have to save up for a points-only purchase. Still, HF points don't expire for 3 years anyway, allowing businesses to accrue rewards during off-seasons and redeem them for future trips. Currently, one HF point is equivalent to one KrisFlyer point.


Amex SIA Business Card's luxury travel perks also add significant value as well as convenience and comfort to your business trips. Each cardholder enjoys 2 free lounge visits per year for themselves and a guest, plus free travel insurance, complimentary night's stay with Accor Plus across Asia-Pacific, and Hertz rental car privileges. With S$15k+ spend on SIA brands within the first year, a registered corporate traveller can also be upgraded to KrisFlyer Elite Gold status. Finally, account holders can immediately benefit from the credit card's new first-year fee waiver and updated sign-on bonuses, which include hotel staycation opportunities in light of the current pandemic.

Finally, Amex SIA Business Card helps out SMEs year-round with its extended payment terms, offering up to 51 interest-free days from the transaction date (21 days from the statement date) and a 0% interest instalment plan via Amex Pay Small. This allows businesses with irregular cash flow to continue operating without added costs. Overall, Amex SIA Business Card is one of the best options on the market for companies that conduct a substantial amount of business overseas.

Aspire Corporate Credit Card: Cashback Online Marketing & SaaS

  • Standout: 1% rebate on e-marketing & software subscriptions, plus tech perks
  • Promotions: No promotion currently being offered
  • Read Our Full Review
  • Note: Debit Card
  • Annual fee: No annual fee
  • 1% cashback on select online marketing & SaaS
  • Qualified marketing merchants: Facebook, Google, LinkedIn & Microsoft Ads advertising
  • Qualified SaaS merchants: Amazon Web Services, Hubspot, Slack & many more
  • S$50k+ worth of exclusive perks with Aspire partners
  • Low foreign currency transaction fee (0.50%)
Aspire Corporate Card is a great debit alternative for tech-savvy start-ups with big marketing budgets. Account holders earn up to a competitive 1% cashback on online marketing and online software subscriptions with select merchants. These merchants include Facebook, Google, LinkedIn advertising and Microsoft Ads for online marketing and Google Suite for Businesses, Quickbooks, Shopify, Zoom & many more for SaaS services.


Aspire Corporate Card is highly competitive in a few additional ways. Its foreign transaction fee is just 0.50%, which is markedly lower than what's charged by similar cards (some of which have fees of up to 3.25%). The account holder also has access to a variety of deals and discounts with Aspire partners like Slack, Indeed and many more–again perfect for web-based start-ups. Finally, there are no card fees which is somewhat rare amongst SME options. Overall, Aspire Corporate Card offers modern start-ups with big marketing budgets an affordable way to earn and save on web services.

  • Standout: 1% rebate on e-marketing & software subscriptions, plus tech perks
  • Promotions: No promotion currently being offered
  • Read Our Full Review
  • Note: Debit Card
  • Annual fee: No annual fee
  • 1% cashback on select online marketing & SaaS w/ S$5k spend (0.25% if below)
  • Qualified marketing merchants: Facebook, Google & LinkedIn advertising
  • Qualified SaaS merchants: Amazon Web Services, Hubspot, Slack & many more
  • S$50k+ worth of exclusive perks with Aspire partners
  • Low foreign currency transaction fee (0.50%)
Aspire Corporate Card is a great debit alternative for tech-savvy start-ups with big marketing budgets. Account holders earn up to a competitive 1% cashback on online marketing and online software subscriptions with select merchants. These merchants include Facebook, Google, LinkedIn advertising and Microsoft Ads for online marketing and Google Suite for Businesses, Quickbooks, Shopify, Zoom & many more for SaaS services.


Aspire Corporate Card is highly competitive in a few additional ways. Its foreign transaction fee is just 0.50%, which is markedly lower than what's charged by similar cards (some of which have fees of up to 3.25%). The account holder also has access to a variety of deals and discounts with Aspire partners like Slack, Indeed, and many more–again perfect for web-based start-ups. Finally, there are no credit card fees which is somewhat rare amongst SME options. Overall, Aspire Corporate Card offers modern start-ups with big marketing budgets an affordable way to earn and save on web services.

Best SME Credit Cards for Cashback

Focusing on cashback is a great way to accelerate earnings on everyday expenses. Depending on where your business spends money, you may want to consider different types of cashback categories. To simplify the process, we have included a number of business accounts, including the DBS Corporate account for you to consider.

American Express Singapore Airlines Business Credit Card: Best for Business Travellers

  • Annual fee: S$299, waived for first year
  • Supplementary card fee: S$99 (1st 2 free)
  • 8.5 KrisFlyer pts (worth 8.1% cashback) per S$1 spend on SIA & SilkAir flights
  • 1.8 KrisFlyer pts (worth 1.7% cashback) per S$1 general spend
  • Complimentary night's stay and up to 50% dining discounts with Accor Plus across Asia-Pacific
  • 2 free lounge visits/year for cardholder & a guest
  • Accelerated KrisFlyer Elite Gold Status with S$15,000 spend on Singapore Airlines Group within first year of Card Membership
  • Hertz Gold Plus Rewards Programme & rental car privileges
  • Free travel inconvenience & accident insurance
  • Extended payment terms: up to 51 interest-free days from transaction date
  • 0% interest instalment plans across 6, 12 or 24 months via Pay Small
For businesses that conduct a great deal of overseas travel, American Express Singapore Airlines Business Card is an exceptional option. Every S$1 spend on SIA and SilkAir flights earns 8.5 HighFlyer pts (worth 8.1% cashback), while all other spend earns 1.8 HighFlyer points (worth 1.7% cashback). Points go into your business's SIA account and can be redeemed for tickets on SIA and SilkAir, Scoot vouchers & more. You can pay for such tickets with a mix of cash and earned points, which means you won't have to save up for a points-only purchase. Still, HF points don't expire for 3 years anyway, allowing businesses to accrue rewards during off-seasons and redeem them for future trips. Currently, one HF point is equivalent to one KrisFlyer point.


Amex SIA Business Card's luxury travel perks also add significant value as well as convenience and comfort to your business trips. Each cardholder enjoys 2 free lounge visits per year for themselves and a guest, plus free travel insurance, complimentary night's stay with Accor Plus across Asia-Pacific, and Hertz rental car privileges. With S$15k+ spend on SIA brands within the first year, a registered corporate traveller can also be upgraded to KrisFlyer Elite Gold status. Finally, account holders can immediately benefit from the card's new first-year fee waiver and updated sign-on bonuses, which include hotel staycation opportunities in light of the current pandemic.

Finally, Amex SIA Business Card helps out SMEs year-round with its extended payment terms, offering up to 51 interest-free days from the transaction date (21 days from the statement date) and a 0% interest instalment plan via Amex Pay Small. This allows businesses with irregular cash flow to continue operating without added costs. Overall, Amex SIA Business Card is one of the best options on the market for companies that conduct a substantial amount of business overseas.

  • Annual fee: S$299, waived for first year
  • Supplementary card fee: S$99 (1st 2 free)
  • 8.5 KrisFlyer pts (worth 8.1% cashback) per S$1 spend on SIA & SilkAir flights
  • 1.8 KrisFlyer pts (worth 1.7% cashback) per S$1 general spend
  • Complimentary night's stay and up to 50% dining discounts with Accor Plus across Asia-Pacific
  • 2 free lounge visits/year for cardholder & a guest
  • Accelerated KrisFlyer Elite Gold Status with S$15,000 spend on Singapore Airlines Group within first year of Card Membership
  • Hertz Gold Plus Rewards Programme & rental car privileges
  • Free travel inconvenience & accident insurance
  • Extended payment terms: up to 51 interest-free days from transaction date
  • 0% interest instalment plans across 6, 12 or 24 months via Pay Small
For businesses that conduct a great deal of overseas travel, American Express Singapore Airlines Business Card is an exceptional option. Every S$1 spend on SIA and SilkAir flights earns 8.5 HighFlyer pts (worth 8.1% cashback), while all other spend earns 1.8 HighFlyer points (worth 1.7% cashback). Points go into your business's SIA account and can be redeemed for tickets on SIA and SilkAir, Scoot vouchers & more. You can pay for such tickets with a mix of cash and earned points, which means you won't have to save up for a points-only purchase. Still, HF points don't expire for 3 years anyway, allowing businesses to accrue rewards during off-seasons and redeem them for future trips. Currently, one HF point is equivalent to one KrisFlyer point.


Amex SIA Business Card's luxury travel perks also add significant value as well as convenience and comfort to your business trips. Each cardholder enjoys 2 free lounge visits per year for themselves and a guest, plus free travel insurance, complimentary night's stay with Accor Plus across Asia-Pacific, and Hertz rental car privileges. With S$15k+ spend on SIA brands within the first year, a registered corporate traveller can also be upgraded to KrisFlyer Elite Gold status. Finally, account holders can immediately benefit from the card's new first-year fee waiver and updated sign-on bonuses, which include hotel staycation opportunities in light of the current pandemic.

Finally, Amex SIA Business Card helps out SMEs year-round with its extended payment terms, offering up to 51 interest-free days from the transaction date (21 days from the statement date) and a 0% interest instalment plan via Amex Pay Small. This allows businesses with irregular cash flow to continue operating without added costs. Overall, Amex SIA Business Card is one of the best options on the market for companies that conduct a substantial amount of business overseas.

DBS Visa Platinum Business Credit Card: Affordable Boosted Cashback

  • Boosted cashback for 1st month
  • Promotions:
  • Annual fee: S$192.6, waived for first year
  • 0.4% cashback on general spend
  • Rewards for recurring bill-pay (Starhub, M1 Limited, SP Services)
  • Free travel accident insurance, up to S$1 million per cardholder
  • Free annual coverage of employee misuse (US$25k/cardholder, US$1.65 million/company)
DBS Visa Platinum Business Card offers one of the higher cashback rates amongst SME cards, at 0.40%. This rate is further boosted by welcome promotions, which frequently offer up to 5% cashback within the 1st month. This credit card is great for small businesses who want to maximise cash earnings on everyday expenses without having to pay a higher fee for extra travel perks and privileges. In fact, the S$192.6 fee is S$100+ less than SME alternatives with higher rates.


In addition to high rates, cardholders also enjoy free travel accident insurance of up to S$1 million. Other benefits include up to US$1.65 million coverage per company for employee misuse, rewards for payment of select recurring bills, and customisable credit limits for individual cardholders. Ultimately, DBS Visa Platinum Business Card is a great choice for businesses prioritising high cashback without the corresponding high annual fee.

  • Stand-Out: Boosted cashback for 1st month
  • Promotions:
  • Annual fee: S$192.6, waived for first year
  • 0.4% cashback on general spend
  • Rewards for recurring bill-pay (Starhub, M1 Limited, SP Services)
  • Free travel accident insurance, up to S$1 million per cardholder
  • Free annual coverage of employee misuse (US$25k/cardholder, US$1.65 million/company)
DBS Visa Platinum Business Card offers one of the highest cashback rates available amongst SME cards at 0.40%. This rate is further boosted by welcome promotions, which frequently offer up to 5% cashback within the 1st month. This credit card is great for small businesses who want to maximise cash earnings on everyday expenses without having to pay a higher fee for extra travel perks and privileges. In fact, the S$192.6 fee is S$100+ less than SME alternatives with higher rates.


In addition to high rates, cardholders also enjoy free travel accident insurance of up to S$1 million. Other benefits include up to US$1.65 million coverage per company for employee misuse, rewards for payment of select recurring bills, and customisable credit limits for individual cardholders. Ultimately, DBS Visa Platinum Business Card is a great choice for businesses prioritising high cashback without the corresponding high annual fee.

Volopay Credit Card: High Cashback on card spends

  • Promotions: Lifetime free access
  • Cashback of 2% on Fx transactions (On all merchants - No Limitation)
  • No annual fees or minimum spend
  • Credit up to $500K
  • Unlimited virtual cards
  • Expense management software
  • Lowest FX rates
  • Budgeting & approval process (Maker-checker)
  • Real-time spend tracking
  • Accounting automation (Xero, Quickbooks, Netsuite, and custom integrations)
  • Employee reimbursement tool included
The single corporate credit card that does it all. Volopay corporate cards are undoubtedly the smartest cards in the arena, built for the needs of businesses. From expense management, customizable spending rules, approval flows, credit lines to accounting automation, it does it all. Moreover, unlike other market players, Volopay is the only expense management software to offer both physical and virtual cards for your teams. It’s the perfect one-stop solution for every business out there who wants to streamline their business expenses plus save considerably at the end of each day.


Volopay offers flexible credit lines of up to 500K on the cards and the credit scoring process takes little to no time. Best of all, your entire card spending qualifies for cashback. Fx transactions receive 2% cashback, so does your online hosting, subscription, and overseas spending all effectively receive a 2% discount each month.At the end of its operation cycle, it helps you to close your books faster, as all your business expenses sit directly into the accounting software you use daily. All the features come with an extra layer of security, as you might not need all those plastic cards for your expenses, just create virtual credit cards on the go, set custom budgets, and you’re all set! With Volopay, you get your personal account manager as soon as you onboard, who is always there with you, from setting up your accounts, to answering any of your queries, support is 24*7 available.

  • Promotions: Lifetime free access
  • Cashback of 2% on Fx transactions (On all merchants - No Limitation)
  • No annual fees or minimum spend
  • Credit up to $500K
  • Unlimited virtual cards
  • Expense management software
  • Lowest FX rates
  • Budgeting & approval process (Maker-checker)
  • Real-time spend tracking
  • Accounting automation (Xero, Quickbooks, Netsuite, and custom integrations)
  • Employee reimbursement tool included
The single corporate credit card that does it all. Volopay corporate cards are undoubtedly the smartest cards in the arena, built for the needs of businesses. From expense management, customizable spending rules, approval flows, credit lines to accounting automation, it does it all. Moreover, unlike other market players, Volopay is the only expense management software to offer both physical and virtual cards for your teams.It’s the perfect one-stop solution for every business out there who wants to streamline their business expenses plus save considerably at the end of each day.
Volopay offers flexible credit lines of up to 500K on the cards and the credit scoring process takes little to no time. Best of all, your entire card spending qualifies for cashback. Fx transactions receive 2% cashback, so does your online hosting, subscription, and overseas spending all effectively receive a 2% discount each month.At the end of its operation cycle, it helps you to close your books faster, as all your business expenses sit directly into the accounting software you use daily.
All the features come with an extra layer of security, as you might not need all those plastic credit cards for your expenses, just create virtual cards on the go, set custom budgets, and you’re all set! With Volopay, you get your personal account manager as soon as you onboard, who is always there with you, from setting up your accounts, to answering any of your queries, support is 24*7 available.

Best SME Credit Cards for Supplier Discounts

Corporate credit cards can provide more than just rewards for spending, they often also offer savings on select business services in Singapore.

UOB Platinum Business Credit Card: Discounted Commercial Privileges

  • Extensive discounts on utilities, logistics and other essential business services
  • Promotions: No promotion currently being offered
  • Annual fee: S$180.0, waived for first year
  • 0.30% cashback on general spend
  • UOB SMART$ Rebate & UOB Commercial Privileges Programmes
  • MasterCard Easy Savings
  • Free travel accident insurance, up to S$1 million per cardholder
Businesses looking for corporate perks and discounts with key vendors should definitely consider UOB Platinum Business Card, which offers one of the most comprehensive sets of business privileges on the market. The card comes with several distinct benefits programmes. The first, UOB Commercial Privileges, provides exclusive offers on all types of spend, from utilities and tech services to logistics. UOB SMART$ Rebates, another programme, offers up to 10% rebate with select insurance, petrol & other types of merchants. Finally, with MasterCard Easy Savings programme, cardholders' spend on select business services (including Microsoft, Apple, Logitech & more) earns a 5% rebate, which is automatically credited to the account. When combined with the card's flat 0.30% rebate on all spend, it's easy to maximise savings with UOB Platinum Business Card.


Beyond supplier discounts, cardholders also enjoy free travel accident insurance. While there is a S$180.0 annual fee, it's rather moderate compared to the general market and is also waived the 1st year.

  • Stand-Out: Discounts on utilities, logistics & other essential business services
  • Promotions: No promotion currently being offered
  • Annual fee: S$180.0, waived for first year
  • 0.30% cashback on general spend
  • UOB SMART$ Rebate & UOB Commercial Privileges Programmes
  • MasterCard Easy Savings
  • Free travel accident insurance, up to S$1 million per cardholder
Businesses looking for corporate perks and discounts with key vendors should definitely consider UOB Platinum Business Card, which offers one of the most comprehensive sets of business privileges on the market. The card comes with several distinct benefits programmes. The first, UOB Commercial Privileges, provides exclusive offers on all types of spend, from utilities and tech services to logistics. UOB SMART$ Rebates, another programme, offers up to 10% rebate with select insurance, petrol & other types of merchants. Finally, with MasterCard Easy Savings programme, cardholders' spend on select business services (including Microsoft, Apple, Logitech & more) earns a 5% rebate, which is automatically credited to the account. When combined with the card's flat 0.30% rebate on all spend, it's easy to maximise savings with UOB Platinum Business Card.


Beyond supplier discounts, cardholders also enjoy free travel accident insurance. While there is a S$180.0 annual fee, it's rather moderate compared to the general market and is also waived the 1st year.

Best SME Credit Cards for Networking Perks

Business often involves working with others. These credit cards and business accounts including the DBS Corporate account offer discounts on everything from dining and entertainment to travel bookings, so it's easy to save on every networking trip.

DBS World Business Credit Card: Perks & Privileges for High-End Execs

  • Up to 10 lounge visits/year with Priority Pass
  • Promotions: Up to 5% cash rebate with a minimum spend of S$4k in 1st month (up to S$200)
  • Annual fee: S$406.6, waived for first year
  • 2% cashback overseas, 1% on local dining, entertainment & travel
  • 0.30% cashback on general spend
  • Up to 10 free lounge visits/year via Priority Pass
  • MasterCard Easy Savings & DBS Business Benefits Promotions
  • Rewards for recurring bill-pay (Starhub, M1 Limited)
  • Free travel accident insurance, up to S$1 million per cardholder
  • Free annual coverage of employee misuse (US$25k/cardholder, US$1.65 million/company)
DBS World Business Card is by far one of the best SME credit cards in terms of its high rewards rate, luxury travel perks, and comprehensive set of supplier discounts–however, it may not be affordable for all. The annual fee of S$406.6, which is waived just the 1st year, is more than double that charged by most other SME cards on the market.


Nonetheless, DBS World Business Card's fee is validated by its incredible range of perks, many of which are ideal for networking. To start, cardholders receive an additional 5%+ rebate, which is automatically credited to the account, for spend with select MasterCard Easy Pay merchants. Eligible vendors span from hotels and restaurants to business services like Microsoft & Apple. Additional MasterCard Privileges offer discounts on golf, entertainment and shopping worldwide, and DBS Business Benefits provides fuel savings. Paired with a 1% rebate on all local dining, entertainment & travel, these perks make DBS Business World a remarkable option for those with meaningful social spend–perhaps those entertaining prospects or collaborating with peers.

Beyond these perks, DBS Business World also rewards travel and spend overseas. Cardholders earn 2% cashback for purchases in foreign currency, and also enjoy up to 10 free lounge visits per year and free travel insurance. Overall, DBS Business World is an ideal SME credit card for high-end business travellers with a client-facing or social role.

  • Stand-Out: Up to 10 lounge visits/year with Priority Pass
  • Promotions: Up to 5% cash rebate with a minimum spend of S$4k in 1st month (up to S$200)
  • Annual fee: S$406.6, waived for first year
  • 2% cashback overseas, 1% on local dining, entertainment & travel
  • 0.30% cashback on general spend
  • Up to 10 free lounge visits/year via Priority Pass
  • MasterCard Easy Savings & DBS Business Benefits Promotions
  • Rewards for recurring bill-pay (Starhub, M1 Limited)
  • Free travel accident insurance, up to S$1 million per cardholder
  • Free annual coverage of employee misuse (US$25k/cardholder, US$1.65 million/company)
DBS World Business Card is by far one of the best SME credit cards in terms of its high rewards rate, luxury travel perks, and comprehensive set of supplier discounts–however, it may not be affordable for all. The annual fee of S$406.6, which is waived just the 1st year, is more than double that charged by most other SME cards on the market.


Nonetheless, DBS World Business Card's fee is validated by its incredible range of perks, many of which are ideal for networking. To start, cardholders receive an additional 5%+ rebate, which is automatically credited to the account, for spend with select MasterCard Easy Pay merchants. Eligible vendors span from hotels and restaurants to business services like Microsoft & Apple. Additional MasterCard Privileges offer discounts on golf, entertainment and shopping worldwide, and DBS Business Benefits provides fuel savings. Paired with a 1% rebate on all local dining, entertainment & travel, these perks make DBS Business World a remarkable option for those with meaningful social spend–perhaps those entertaining prospects or collaborating with peers.

Beyond these perks, DBS Business World also rewards travel and spend overseas. Cardholders earn 2% cashback for purchases in foreign currency, and also enjoy up to 10 free lounge visits per year and free travel insurance. Overall, DBS Business World is an ideal SME credit card for high-end business travellers with a client-facing or social role.

Maybank Business Platinum MasterCard Credit Card: Affordable Perks & Discounts

  • Travel & local dining discounts, 2-yr fee waiver
  • Promotions: Receive S$100 NTUC Vouchers when you spend S$800 within the first month of Card approval. Promotion valid from 1 January 2022 – 31 December 2022
  • Annual fee: S$180.0, waived for 2 years
  • 0.40% cashback (1 TREAT pt per S$1 spend)
  • Rewards for recurring bill-pay
  • 1 free lounge visit per S$1k single transaction
  • Free travel accident insurance, up to S$1 million per cardholder
  • Global concierge, dining & travel privileges
Maybank Business Platinum MasterCard is one of the most affordable SME credit cards that still offers a wide variety of perks and privileges. To begin with, cardholders earn 1 TREAT point per S$1 spend, which is equivalent to 0.4% cashback. This rate is higher than the 0.3% base standard offered by similar cards. Additionally, the moderate S$180.0 fee is waived for 2 years. Most SME cards offer just a 1-year waiver.


In terms of perks, MB Business Platinum offers practical benefits like flexible credit limits, rewards for automatic bill pay, extended interest-free crediting and more. However, the card comes with additional benefits that support client-facing or social employees. For example, cardholders can receive as much as 20% off dining bills at high-end restaurants around Singapore, making it easy to entertain clients or to plan group outings for coworkers. The TREATS Rewards Programme likewise offers discounts at Michelin-listed restaurants.

Business travellers can also benefit from global concierge services, free travel insurance and complimentary lounge access (1 visit per S$1k transaction). MasterCard promotions frequently offer free nights at exclusive hotels both locally and worldwide. Therefore, those that conduct business overseas can still enjoy perks and savings in their travels. Nonetheless, MB Business Platinum Card is still a bit less accessible than alternatives. Companies must be registered in Singapore, have at least 1 local Director, and must have been in operation for 2+ years with an annual sales turnover of S$200k+.

  • Stand-Out: Travel & local dining discounts, 2-yr fee waiver
  • Promotions: Receive S$100 NTUC Vouchers when you spend S$800 within the first month of Card approval. Promotion valid from 1 January 2022 – 31 December 2022
  • Annual fee: S$180.0, waived for 2 years
  • 0.40% cashback (1 TREAT pt per S$1 spend)
  • Rewards for recurring bill-pay
  • 1 free lounge visit per S$1k single transaction
  • Free travel accident insurance, up to S$1 million per cardholder
  • Global concierge, dining & travel privileges
Maybank Business Platinum MasterCard is one of the most affordable SME credit cards that still offers a wide variety of perks and privileges. To begin with, cardholders earn 1 TREAT point per S$1 spend, which is equivalent to 0.4% cashback. This rate is higher than the 0.3% base standard offered by similar cards. Additionally, the moderate S$180.0 fee is waived for 2 years. Most SME cards offer just a 1-year waiver.


In terms of perks, MB Business Platinum offers practical benefits like flexible credit limits, rewards for automatic bill pay, extended interest-free crediting and more. However, the card comes with additional benefits that support client-facing or social employees. For example, cardholders can receive as much as 20% off dining bills at high-end restaurants around Singapore, making it easy to entertain clients or to plan group outings for coworkers. The TREATS Rewards Programme likewise offers discounts at Michelin-listed restaurants.

Business travellers can also benefit from global concierge services, free travel insurance and complimentary lounge access (1 visit per S$1k transaction). MasterCard promotions frequently offer free nights at exclusive hotels both locally and worldwide. Therefore, those that conduct business overseas can still enjoy perks and savings in their travels. Nonetheless, MB Business Platinum Card is still a bit less accessible than alternatives. Companies must be registered in Singapore, have at least 1 local Director, and must have been in operation for 2+ years with an annual sales turnover of S$200k+.

Best SME Credit Card for Affordable Basics

Simple, straightforward, and easy to use. The following corporate credit cards are a great option for small and medium enterprises.

Citi Corporate Credit Card: Flexible Liability Options

  • Low cost & flexible designation of card liability
  • Promotions: No promotion currently being offered
  • Annual fee: S$160.5
  • 0.40 miles (1 pt) per S$1 spend
  • Free travel accident insurance, up to S$1 million per cardholder
  • Free annual coverage of employee misuse (US$25k/cardholder, US$1.65 million/company)
Citi Corporate Card is fairly simple and therefore, is quite easy to use. Every S$1 spend earns 1 Citi ThankYou Point, which is equivalent to 0.40 miles. Points can alternatively be redeemed for cash rebate or rewards vouchers. Perks are limited to free travel accident insurance, though some cardmembers–depending on liability type–can enjoy a contactless payment feature.


Speaking of variation, card features differ slightly depending on designated liability type. Companies have the option to decide between Sole Corporate Liability, Joint & Several Liability or Cardmember/Personal Liability. Essentially, these designations just reflect who assumes responsibility for making on-time card payments. All types earn the same rewards rate, but the minimum income requirement for foreign employees is higher with cardmember/personal liability than with other types (S$42k compared to S$30k). In all cases, the company's minimum net worth must be S$50k+, with the exact requirement depending on years of operation.

Finally, the card's annual fee is just S$160.5, which is lower than some competitors'. All things considered, Citi Corporate Card is probably best fit for larger companies seeking a less expensive and easy to use card, all without having to pay for unnecessary perks and privileges.

  • Stand-Out: Low cost & flexible designation of card liability
  • Promotions: No promotion currently being offered
  • Annual fee: S$160.5
  • 0.40 miles (1 pt) per S$1 spend
  • Free travel accident insurance, up to S$1 million per cardholder
  • Free annual coverage of employee misuse (US$25k/cardholder, US$1.65 million/company)
Citi Corporate Card is fairly simple and therefore, is quite easy to use. Every S$1 spend earns 1 Citi ThankYou Point, which is equivalent to 0.40 miles. Points can alternatively be redeemed for cash rebate or rewards vouchers. Perks are limited to free travel accident insurance, though some cardmembers–depending on liability type–can enjoy a contactless payment feature.


Speaking of variation, card features differ slightly depending on designated liability type. Companies have the option to decide between Sole Corporate Liability, Joint & Several Liability or Cardmember/Personal Liability. Essentially, these designations just reflect who assumes responsibility for making on-time card payments. All types earn the same rewards rate, but the minimum income requirement for foreign employees is higher with cardmember/personal liability than with other types (S$42k compared to S$30k). In all cases, the company's minimum net worth must be S$50k+, with the exact requirement depending on years of operation.

Finally, the card's annual fee is just S$160.5, which is lower than some competitors'. All things considered, Citi Corporate Card is probably best fit for larger companies seeking a less expensive and easy to use card, all without having to pay for unnecessary perks and privileges.

Airwallex Business Account: Best for Managing Your Business Transparently

  • No annual fee, hidden fees, or transaction fees
  • Promotions:
  • Annual fee: S$0
  • Make payments in 26 different currencies
  • 0% FX fees for Airwallex Cards
  • Payment to over 130 countries and regions
Airwallex Business Card
Airwallex Business Card
Airwallex Business Card is a great account for making multiple overseas transactions to a variety of different overseas destinations. They have no annual or setup fees and a 0% international transaction fee. Despite their low fees, Airwallex prices themselves in a well-rounded service which helps businesses with their transactions.


Moreover, with Airwallex, the money is put in a secured ring-fenced account with PCI level 1 compliance, the highest international standards. These funds are accessible but not used for investing or lending. Airwallex also allows business firms to have a dedicated card for each type of transaction whether it be for SaaS or marketing with a flexible limit. However, one downside is that you can only use a virtual Airwallex business card in Singapore. With a physical card, however, there is a fee of S$5 monthly fee if expense is enabled.

Airwallex is also linked to Xero which is an accounting software that allows businesses to track all transactions. They also have a function for your customer to be able to pay the business via a payment link by Airwallex.

  • No annual fee, hidden fees, or transaction fees
  • Promotions:
  • Annual fee: S$0
  • Make payments in 26 different currencies
  • 0% FX fees for Airwallex Cards
  • Payment to over 130 countries and regions
Airwallex Business Card is a great account for making multiple overseas transactions to a variety of different overseas destinations. They have no annual or setup fees and a 0% international transaction fee. Despite their low fees, AirWallex prices themselves in a well-rounded service which helps businesses with their transactions.


Moreover, with Airwallex, the money is put in a secured ring-fenced account with PCI level 1 compliance, the highest international standards. These funds are accessible but not used for investing or lending. Airwallex also allows business firms to have a dedicated card for each type of transaction whether it be for SaaS or marketing with a flexible limit. However, one downside is that you can only use a virtual Airwallex business card in Singapore. With a physical card, however, there is a fee of S$5 monthly fee if expense is enabled.

Airwallex is also linked to Xero which is an accounting software that allows businesses to track all transactions. They also have a function for your customer to be able to pay the business via a payment link by Airwallex.

Best Elite SME Credit Card, By Invite-Only

Companies willing to invest a great deal in their executives can unlock the most prestigious privileges and luxury perks with this by invite-only SME corporate credit card in Singapore.

UOB Regal Business Metal Credit Card: Luxury Perks & Exclusive Memberships

  • Unlimited lounge access, complimentary green fees & exclusive hotel memberships worldwide
  • Promotions: Receive a complimentary Imperial Treasure Club membership (worth S$491)
  • Up to 50% off weekday business lunches at Grand Hyatt Singapore
  • By invite only
  • Annual fee: S$680
  • 2% rebate on dining & overseas, 1.5% locally, 0.3% on utilities
  • Unlimited lounge access via LoungeKey
  • 4 free green fees in SE Asia
  • 12 free "Drive Home Valet Service" annually
  • Free Accor Plus Membership & 1N free w/ 3N hotel stay
  • Elite DISCOVERY Black status & free Fraser World Diamond Membership
  • Free travel accident insurance, up to S$500k per cardholder
UOB Regal Business Metal Card parallels the most extraordinary personal luxury cards–both in perks and annual cost–and is ultimately perfect for top executives. To start, this credit card is not accessible for everyone. The annual fee is S$680, much higher than most competitors', and while companies can register interest online, they cannot apply directly.


Companies who can overcome these barriers open their employee cardmembers to a myriad of luxury perks. Cardholders enjoy unlimited lounge access, free travel insurance, and complimentary Accor Plus, Fraser World Diamond & Elite DISCOVERY Black Status memberships. Other perks include 4 free green fees in Asia Pacific & 12 free valet services per year. Altogether, these benefits allow executives to enjoy top-tier comfort when travelling, plus golfing privileges which can help with networking. In most cases, these perks truly validate the expensive annual fee.

Finally, cardholders earn 2% cashback on dining & overseas, 1.5% locally and 0.3% on utilities. These rates are much higher than the market standard for SME cards, making UOB Regal Business Metal Card an excellent option for high-spending executives with frequent business travel. Ultimately, while this card may not be appropriate for the everyday employee, its luxury perks and privileges may be a perfect fit for upper management.

  • Stand-Out: Unlimited lounge, free green fees, exclusive hotel memberships
  • Promotions: Receive a complimentary Imperial Treasure Club membership (worth S$491)
  • Up to 50% off weekday business lunches at Grand Hyatt Singapore
  • By invite only
  • Annual fee: S$680
  • 2% rebate on dining & overseas, 1.5% locally, 0.3% on utilities
  • Unlimited lounge access via LoungeKey
  • 4 free green fees in SE Asia
  • 12 free "Drive Home Valet Service" annually
  • Free Accor Plus Membership & 1N free w/ 3N hotel stay
  • Elite DISCOVERY Black status & free Fraser World Diamond Membership
  • Free travel accident insurance, up to S$500k per cardholder
UOB Regal Business Metal Card parallels the most extraordinary personal luxury cards–both in perks and annual cost–and is ultimately perfect for top executives. To start, this credit card is not accessible for everyone. The annual fee is S$680, much higher than most competitors', and while companies can register interest online, they cannot apply directly.


Companies who can overcome these barriers open their employee cardmembers to a myriad of luxury perks. Cardholders enjoy unlimited lounge access, free travel insurance, and complimentary Accor Plus, Fraser World Diamond & Elite DISCOVERY Black Status memberships. Other perks include 4 free green fees in Asia Pacific & 12 free valet services per year. Altogether, these benefits allow executives to enjoy top-tier comfort when travelling, plus golfing privileges which can help with networking. In most cases, these perks truly validate the expensive annual fee.

Finally, cardholders earn 2% cashback on dining & overseas, 1.5% locally and 0.3% on utilities. These rates are much higher than the market standard for SME cards, making UOB Regal Business Metal Card an excellent option for high-spending executives with frequent business travel. Ultimately, while this card may not be appropriate for the everyday employee, its luxury perks and privileges may be a perfect fit for upper management.

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Duckju Kang

Duckju (DJ) is the founder and CEO of ValueChampion. He covers the financial services industry, consumer finance products, budgeting and investing. He previously worked at hedge funds such as Tiger Asia and Cadian Capital. He graduated from Yale University with a Bachelor of Arts degree in Economics with honors, Magna Cum Laude. His work has been featured on major international media such as CNBC, Bloomberg, CNN, the Straits Times, Today and more.

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