So, you’ve booked your #adulting escape - Bali for the beach bum life, Tokyo for the neon lights, or maybe even that Euro trip you’ve been #manifesting. Hold up - you still gotta think about how to fund your trip expenses. But, who has time to wait in line to exchange cash or worry about getting mugged? Multi-currency cards are the new way to travel - convenient, secure, and stress-free.

How Do Multi-Currency Cards Work

A multi-currency card can store and spend money in different currencies. You simply have to load it up with SGD. When using the card abroad, it automatically converts your chosen currency to the overseas currency at competitive rates, without any bank transaction fees. So, which multi-currency card is the best? Below’s a comparison of the top multi-currency cards to use when travelling outside Singapore.

Best Multi-Currency Card in Singapore & Beyond

With big players like YouTrip, Revolut, and Trust all vying for your wallet space, choosing the right one can be rather difficult. Let’s check out the various multi-currency cards that let you pay like a local anywhere in the world.

1. Amaze

The Amaze card by Instarem shouldn’t be new to miles chasers. But did you know that Amaze also allows you to make seamless transactions across borders without hefty bank conversion fees? You can spend and store up to 11 currencies in your Amaze Wallet for future trips, with a top-up limit of SG$5,000. Need some cash on-hand? You can also withdraw up to SG$1,000 daily. There’s a catch though - Instarem charges a 2% withdrawal fee on top of any fees from the foreign ATM. Unlike some other multi-currency cards, using Amaze that’s linked to your credit card also means you won’t miss out on all those sweet cashback rewards and air miles you’ve been collecting. Plus, you’ll also earn InstaPoints with every foreign currency purchase, which you can then convert into even more cashback or discounts.

2. Revolut

This popular multi-currency card lets you spend in over 150 currencies like a local and store over 30 currencies for future adventures. Sadly though, there’s a 1% currency conversion fee on weekends. But, you can set up “Watchlists” to keep an eye on specific currencies and exchange them whenever the rates are good. Choose from three plans with different perks:

3. Trust

Trust is the newest kid on the block, but they’re making waves with their combined debit and credit card.

Easily spend abroad with competitive exchange rates from Visa without any extra fees.

Similar to other multi-currency cards, Trust allows you to withdraw up to S$2,000 cash overseas from any ATMS with the Visa-Plus logos.

As if the above benefits aren’t enough, you can also earn Linkpoints on overseas spend, which can be redeemed for a variety of rewards like travel, merchandise, and cashback.

4. Wise (formerly TransferWise)

Wise (formerly TransferWise) keeps things simple. Your Wise debit card is linked to your Wise multi-currency account. Simply top up your account and use your card! Their app also allows you to spend in 150 currencies and store up to 53 different currencies in separate balances, making it easy to manage your travel funds. While Wise might not offer all the bells and whistles of Amaze or Revolut, it’s perfect for the minimalist traveller who prioritises getting the best exchange rates. Sending money abroad is also significantly cheaper with Wise, thanks to their use of mid-market rates with minimal markups. Enjoy free ATM withdrawals of up to SG$350 per month. Beyond that, it’ll be SG$1.50 per withdrawal and 1.75% on any amount withdrawn above SG$ 350.

5. YouTrip

YouTrip’s got a cult following in Singapore for a reason. It’s one of the OG multi-currency cards, letting you pay in over 150 currencies like Revolut and Wise. Love chasing the best exchange rates? YouTrip’s mobile app lets you check, exchange, and store ten foreign currencies using mid-market rates, perfect for those “gotta get the best deal” moments. For currencies not available for exchange in-app, they’ll still be converted using Mastercard’s wholesale rates. Here’s the cherry on top: YouTrip waives ATM withdrawal fees for your first S$400 per month. However, there’s a 2% fee for withdrawals for anything beyond that amount.

So, Which Multi-Currency Card is the #GOAT?

Nobody wants to be hit with surprise fees or stuck with a dud exchange rate when they’re meant to be sipping mai tais in Bali. Hear us out - consider getting more than one multi-currency card during your vacay around the world. Hopping from one country to another? Get cards that support a large number of currencies, such as Revolut, Trust, Wise, or YouTrip. Ballers who spend more than S$4,000 a month can skip Revolut to avoid their extra fees unless you wish to subscribe to their paid plans. As for travellers using cash often, we recommend the Trust card that allows you to withdraw the highest amount (S$2,000) in a single transaction without any fees. Lastly, those who wish to be further rewarded when they spend overseas (hello miles chasers!) can consider using Amaze and Trust. Happy travelling!