What Is A Multi Currency Card?

Travelling overseas and don't want to hold onto so much physical cash? Multi-currency accounts allow you to hold your money in one or more foreign currencies as well as in Singapore dollars so you can travel with ease of mind.

These accounts usually come with no minimum balance, or monthly fee to worry about. And all the currency conversions - either within your account, or whenever you make a payment - is done using a mid-market rate with no markup. This means that you pay less overall without having to worry about expensive foreign exchange conversion fees and bank charges.

The multi currency accounts also come with either a virtual or physical card which is tied to Visa or Mastercard. This also means that you can use them like you would a regular credit card when making your purchases overseas.

Can't figure out which is the best multi-currency card Singapore 2019? The fastest way is by using reading real user reviews left by other consumers who have used multi currency cards before. Apart from reviews about multi-currency cards, you can also read reviews on other useful everyday stuff like the best travel insurance Singapore, the best credit card Singapore, or even the best savings account Singapore!

What Do You Need To Apply For A Multi-Currency Card?

In this day and age, almost anything can be done online. The same goes for multi-currency cards too, simply apply for a card at the respective multi-currency card's website:

• Sign up online
• Wait for the card to be delivered to you
• Download the accompanying app
• Register and activate your card (some form of photo verification is sometimes required)
• Link your bank account(s) to the card
• Top up your card
• Use for online/overseas purchases/bus & train fares

Which Are The Best Multi Currency Card Singapore 2019

There used to be only a few options in the market, but there are more options popping up over the years. These are some of the multi-currency cards that are available in Singapore now:

• MCO Visa Card
• Revolut
• TenX
• TransferWise Platinum Mastercard
• YouTrip

Which Is The Best Multi Currency Card To Get?

Just like credit cards, it never hurts to have more than one multi-currency card at your disposal given that there are so many options in the market right now.

If you'd like more information you can

Check out our article(s) which will help you to pick out the best multi-currency card:

• Ultimate Comparison To Multi-Currency Cards In Singapore

If you have questions about which multi-currency card to get after reading our Real User Reviews, why not ask our community of experts and experienced members at Seedly QnA? Best of all, you can even ask your questions anonymously if you're really, really shy!