GXS Bank launched its latest cashback credit card, and that got me thinking: how many credit cards do Singapore digital banks offer?
Singapore’s digital banks collectively have six consumer credit cards: the GXS Credit Card and GXS FlexiCard from GXS Bank, the Link and Freedom credit cards from Trust Bank, and MariBank’s Mari Credit Card.
Now, given that each bank is distinctly unique, how different could each credit card be?
Last updated: 27 August 2026
How do Singapore’s Digital Bank Credit Cards Compare?
MariBank Credit Card
MariBank’s credit card offers 1.5% unlimited cashback on eligible local spending, with no minimum spending requirement.
As the card is also integrated with Shopee, its users can earn 1.5% in Shopee Coins on eligible purchases made through Mari Credit Card Instant Checkout. The Shopee Coins promotion is scheduled to run until 31 December 2026.
Alternatively, you can convert eligible Shopee purchases into 3, 6, 12 or 18-month instalment plans at 0% interest.
One notable limitation is that the Mari Credit Card cannot be used for ATM cash withdrawals, either in Singapore or overseas, as MariBank does not provide ATM withdrawal services.
Trust Bank Credit Cards
Trust Bank offers two types of credit cards: the Freedom Card and the Link Card. The first offers a trio of reward options, while the other allows you to collect Linkpoints.
Trust Bank also delivers Split Purchase for select credit card transactions, which is available for main credit cards for 3,6, 12 or 18 months, with its prevailing one-time fee and effective interest rate.
All About Trust Bank’s Freedom Credit Card
Trust Bank dubs its Freedom credit card as the first in Singapore to offer stockback rewards.
Now, what are stockback rewards? Stockback works pretty much the way cashback does, but instead of money, it hands you shares.
Every dollar spent earns you stockback value. Once that value hits S$10, it is automatically invested into your pick out of 50 eligible investments, like select US stocks and ETFs.
The current stockback rate at 3% for local and foreign eligible spend is a promotional rate, though. It’s valid until year-end. After that, 2% stockback will apply on all local eligible spend, and 0.5% stockback on all foreign eligible spend, effective from 1 January 2027.
The Freedom card also gives you the opportunity to pick between three reward options: stockback, bonus cashback, or unlimited cashback.
You can switch between the three reward options every quarter. Plans are also underway to include miles as another reward option next.
All About the Link Credit Cards by Trust Bank
Trust Bank advertises its Link credit cards by saying it gives the “best savings on daily essentials.” It seems hard to beat, as customers get to enjoy up to 21% on groceries and food at FairPrice and up to 20% savings on Caltex fuel purchases when you spend with it.
Now, diving deeper, that percentage varies based on the type of Link credit card you have. Trust offers two credit cards here: the Trust Link credit card and the NTUC Link credit card.
For both cards, every 100 Linkpoints earned will help you to redeem S$1.
NTUC Link Credit Card
The NTUC Link credit card is exclusively for NTUC Union members. Its owners get up to 21% savings in Linkpoints for FairPrice Group groceries and food spend, a promotional offer that’s running until the end of September 2026.
As the promotion runs on five stacked bonuses, you will need to pass all milestones to hit 21% in total savings.
Trust Link Credit Card
The Trust Link credit card runs a similar promotion, with up to 15% savings in Linkpoints for FairPrice Group groceries and food spend across three stacked bonuses.
For both Link credit cards, monthly and quarterly bonus caps also apply. You also have to meet the minimum spend requirement outside FairPrice Group.
GXS Bank FlexiCard
The GXS FlexiCard focuses on consumers who are new to credit, with a distinctive interest-free, fee-based model. This is the only card among the six offering the model, which carries no interest charges as well as no minimum income requirement.
That said, the card comes with a fixed credit limit of S$500. Its repayment structure is equally unique. Cardholders can either pay in full or make a minimum payment and carry the balance forward for a flat S$5 Flexi fee per month.
The penalty tier can be seen as heavy, as a S$50 late fee applies for any billing cycle where the minimum repayment is not met. The card also holds the second-highest annual card fee at S$54.50, inclusive of GST.
The GXS FlexiCard is open to Singapore citizens and PRs aged 21 to 55 years, and applications are processed via SingPass MyInfo; hence, no documents are required.
GXS Credit Card
GXS Credit Card is the freshest credit card launched by GXS Bank, described as the first bank-issued credit card where customers can apply via a third-party app.
Its headline draw is cashback tiered by category, which includes 1.75% unlimited cashback on eligible local non-Grab spend at a minimum S$500 monthly spend.
GXS credit card users can alternatively earn 1.75% cashback on Singtel bills with no minimum spend, or up to 10% cashback in GrabCoins on Grab spends.
The card currently holds the priciest annual fee among all digital bank credit cards in Singapore, at S$196.20. However, the fee is waived for the first year for cards approved by 31 December 2026.
Eligibility for this card is also decidedly higher than the GXS FlexiCard. Applicants must be aged 21 to 55 years, with a minimum income of S$30,000 for Singaporeans and PRs, or S$120,000 for eligible pass-holding foreigners.
Frequently Asked Questions (FAQs)
Do ANEXT Bank and GLDB offer credit cards?
As of August 2026, both banks do not offer credit cards. Both digital banks hold digital wholesale bank licences.
Can I get a digital bank credit card in Singapore if I don’t meet the income requirement?
Yes, the GXS FlexiCard carries no minimum income requirement, though it caps everyone at a S$500 credit limit. Maribank also offers a S$500-limit version of the Mari Credit Card to applicants who fall below its S$30,000 threshold. Both credit cards are open to Singapore citizens and PRs.
Do credit cards by Singapore digital banks charge foreign exchange fees?
No, and this is possibly the strongest offering all six cards have in common.
Which Singapore digital bank credit cards charge the highest interest rate?
While it is subject to review, Trust Bank’s credit cards can hit a personalised EIR of 29.9% p.a., the highest of all six cards.
Featured image edited by Fintech News Singapore based on images by taira and rawpixel.com on Magnific
