Asked on 02 May 2018
Maybe can consider the DBS Multiplier account? Quick and easy opening of account and in my humble opinion DBS offer one of the better foreign exchange rates around.
You can refer to the product review on Seedly if not already: click here
and more info on the multi-currency portion from DBS itself: click here
or the multiplier account: click here
Summary of pros & cons in my opinion as below~ (I hope it helps you!)
no initial deposit/no monthly charges
fall below fee at only $5 (as compared to multi currency at $7.50) and the fall below only step in if account has less than $3000 (includes both SGD + your foreign currencies)
can buy currencies at your preferred rates (locked-in rates; can time to get better value)
no foreign exchange fees when you transact directly from your foreign currency wallet
multiple ways to increase interests earned.
HC Tang, Financial Enthusiast, Budgeting at The Society
Updated on 02 Feb 2020
Checkout this seedly written comparison ： https://blog.seedly.sg/multi-currency-comparison-singapore/
Jeff Yeo, amateur Social contributor at School of social sharing
Answered on 15 Sep 2018
if you have an account with DBS or Uob those options above might be good.
youtrip is something I got lately and I think it is a fantastic idea. The company sends you a card and you can convert to Any currency on the fly with the app. The amount used to Top up the account can come from your credit card.