A corporate credit card can be an essential requirement for businesses of all sizes, as it allows employees to make purchases on behalf of the company without relying on personal funds or company cash. In Singapore, there are several options to choose from for corporate credit cards, each With its unique features and benefits. This article will focus on some of the best corporate credit card Singapore to help you decide which is right for your business.
Let’s first clarify what a “corporate credit card” is.
These are credit cards issued to businesses rather than individuals and are often used to make purchases for business purposes such as travel, entertainment, and office supplies. Corporate credit cards may also offer additional features and benefits specifically tailored to the needs of businesses, such as rewards programs and customizable spending limits.
Let’s now take a look at the best corporate cards in Singapore.
- American Express Corporate Platinum Card.
This card offers a range of business benefits, including a rewards program that allows you to earn points for every dollar spent on eligible purchases. You can redeem these points for various rewards, including travel, merchandise, and statement credits. The card offers several other benefits, such as exclusive airport lounges, 24/7 concierge service, and insurance coverage for travel and purchases.
- DBS Corporate Card.
The DBS Corporate Card is a practical and easy option for companies that often travel or do business overseas because it is accepted at millions of sites worldwide. The DBS Corporate Card comes with various company-specific benefits in addition to the typical rewards provided by most credit cards, such as access to a special hotline for business help and savings on commercially relevant goods and services.
- The Standard Chartered Business Credit Card.
This card offers a rewards program that allows you to earn points for every dollar spent on eligible purchases, which you can redeem for various rewards, including travel, merchandise, and statement credits. The card also offers several other benefits, such as insurance coverage for travel and purchases, the ability to customize spending limits for individual employees, and the option to choose between a fixed or variable interest rate.
- The Citibank Business Credit Card.
The Citibank Business Credit Card comes with various tools and features to help businesses manage their expenses more effectively. This includes the ability to set spending limits for individual employees, as well as the option to generate customized reports to track spending patterns. Unlike many other business credit cards, the Citibank Business Credit Card does not have an annual fee. By doing this, firms may cut costs and maximize their use of credit cards.
- The Maybank Corporate Card.
The card also offers several other benefits, such as insurance coverage for travel and purchases, the ability to customize spending limits for individual employees, and access to exclusive airport lounges.
When choosing a corporate credit card, it’s essential to consider the specific needs of your business. Some cards may be better suited for businesses that frequently travel, while others may be more suitable for companies with high office supply purchases. Be sure to compare each card’s features and benefits to determine which is the best fit for your business.
