Here’s a deep dive so you can spend smarter overseas 👇
🔔 New for 2026: From 1 February 2026, Trust treats overseas ATM withdrawals as a cash advance. That means an 8% fee (it was free before) plus 18.9%–29.9% p.a. interest from the posting date. If you ever pull cash abroad, this is the biggest change to weigh this year.
With travel back in full swing, Singaporeans are once again looking for the best way to save on overseas spending. Whether you’re booking flights, shopping in Tokyo, or dining in Bangkok, the right travel card can help you avoid hidden fees and enjoy better exchange rates.
Two popular choices on the market right now? The Trust card by Trust Bank and NTUC, and YouTrip.
The Trust card is known for its everyday cashback rewards and integration with FairPrice. YouTrip, on the other hand, has built its reputation as a traveller’s wallet — offering 0% FX fees, real-time exchange rates, and multi-currency convenience.
In this article, we’ll compare the Trust card vs YouTrip across key areas like exchange rates, overseas fees, rewards, and features — helping you pick the right travel companion for your next adventure.
Last updated: July 2026, reflecting Trust’s 2026 changes to overseas cashback, credit interest, and late-payment fees.
TL;DR: Quick Takeaways
- YouTrip offers 0% FX fees, wholesale exchange rates in 150+ countries, and lets you lock in 12 currencies in-app. Ideal for travellers who want transparency, convenience, and no surprise charges.
- Trust card offers 0% FX fees at Visa’s exchange rate, cashback, and a dual debit/credit feature. Good for everyday convenience. But it has no rate-locking, keeps an SGD-only balance that’s exposed to daily FX swings, and from 1 February 2026 charges 8% on overseas ATM withdrawals that used to be free.
⚖️ Bottom line: If you frequently travel and value control over exchange rates with no FX markups, YouTrip might be more suited to your needs.
📌 Table of Contents:
- YouTrip vs Trust Card Comparison (2026)
- What is YouTrip?
- What is the Trust card?
- Exchange Rate Comparison
- Fees and Charges Comparison
- Cashback and Rewards Compared
- Overseas ATM Withdrawals Compared
- Verdict: Which Travel Card Should You Choose?
- FAQs
YouTrip vs Trust Card Comparison (2026)
Here’s a comparison between two popular options in Singapore when it comes to overseas spending — YouTrip and Trust Bank:
| Feature | YouTrip | Trust Card |
|---|---|---|
| Card Type | Pre-paid Mastercard, multi–currency e-wallet | Visa credit card (Trust Cashback Card); a separate Visa debit card is also available |
| Eligilibty | ✅ At least 15 years old & above ✅ Valid Singapore NRIC or FIN (Singaporeans, PRs & foreigners residing in SG) ✅ No income requirement | Trust Debit Card: ✅ At least 16 years old & above ✅ Singaporean citizen / PR / Foreigner with a valid work pass Trust Credit Card: 21-55 years old (Min. annual income): ✅ Singaporean citizens/PR: S$30,000 ✅ Foreigner with a valid work pass: S$60,000 Above 55 years old (Min. annual income): ✅ Singaporean citizen/PR: S$15,000 ✅ Foreigner with a valid work pass: S$60,000 |
| Annual Fee | None | None |
| FX Fees | Zero FX fees across 150+ countries | Zero FX fees anywhere Visa is accepted |
| Currencies available for holding & exchange | ✅ 12 wallet currencies 👉 SGD, MYR, JPY, THB, USD, EUR, AUD, NZD, GBP, HKD, CHF, SEK | ❌ Not supported |
| Exchange Rates | Real-time wholesale exchange rates | Visa rates |
| FX Markup Protection | ✅ Always charges in local currency at the wholesale rate, so you sidestep DCC markups | ❌ DCC may apply if merchant converts to SGD |
| ATM Withdrawals Overseas | Free S$400 ATM withdrawals per month *2% fee applies thereafter | Treated as a cash advance: 8% fee (from 1 Feb 2026) + 18.9%–29.9% p.a. interest from the posting date |
| Cashback/Rewards | Partner cashback via YouTrip Perks, HLAS travel insurance cashback | Partner cashback with NTUC, FairPrice & more |
| Able to send money overseas? | ✅ Remittance to 40+ countries | ❌ Not available |
📖 Related Guide: Best Multi-Currency Cards In Singapore: A Full Comparison Guide
What is YouTrip?
YouTrip is a multi-currency e-wallet and prepaid Mastercard designed for travellers. It supports spending in over 150 countries with 0% foreign transaction fees and allows users to lock in competitive rates across 12 currencies.
YouTrip is especially useful if you want to lock in favourable exchange rates before your trip, always pay in the local currency at the wholesale rate (so you skip DCC markups), or withdraw money overseas without hefty fees.
How to use YouTrip overseas?
- Top up your YouTrip wallet in SGD
Via PayNow, a linked bank account, or credit/debit card.
- Lock in foreign exchange rates in the app before your trip for 12 popular currencies
- Use the YouTrip Mastercard overseas for shopping, dining, and transport
It’ll automatically deduct from the right currency wallet or auto-convert SGD at wholesale rates.
- Withdraw cash overseas (free up to S$400/month*).
A 2% fee will be imposed thereafter.
- Avoid DCC by always choosing to pay in the local currency.
📖 Related Guide: YouTrip Exchange Rates: Everything You Need to Know
What is the Trust card?
Image Credits: Trust Bank
The card compared here is the Trust Cashback Card, a Visa credit card issued by Trust Bank, the digital bank backed by Standard Chartered and FairPrice Group. (Trust also offers a separate Visa debit card linked to its savings account.) It earns cashback on everyday local spend and supports credit usage with interest, making it a convenient option for day-to-day spending in Singapore.
However, it doesn’t support holding foreign currencies or remittances. Overseas spending is billed in SGD using Visa exchange rates and may be subject to DCC.
How to use the Trust Card overseas?
- Enable Overseas Usage in the Trust app before your trip.
- Use it like any Visa card — pay in the local currency
- Ensure your account has sufficient funds (for debit) or available credit (for credit use).
- Make sure your card is enabled for both physical and contactless use
📖 Related Guide: Trust Bank Singapore Guide: Credit Card & Cashback Card Review
Exchange Rate Comparison
Trust card uses Visa’s rates with no added markup, but you can’t lock rates, and DCC may apply depending on the merchant.
YouTrip uses Mastercard’s wholesale exchange rate and lets you lock in rates in advance, offering more control and potentially more savings when budgeting for a trip.
Here’s a look at how much you’d get charged when exchanging S$1 in different currencies:
| Currency | YouTrip | Trust Card |
|---|---|---|
| MYR | 1 SGD = 3.167 MYR | 1 SGD = 3.149 MYR |
| JPY | 1 SGD = 125.81 JPY | 1 SGD = 125.54 JPY |
| THB | 1 SGD = 26.09 THB | 1 SGD = 25.94 THB |
| USD | 1 SGD = 0.7746 USD | 1 SGD = 0.7739 USD |
| EUR | 1 SGD = 0.6772 EUR | 1 SGD = 0.6753 EUR |
*Rates taken as of 20 July 2026. Rates move constantly, so check the live rate in each app before you travel.
⚖️ YouTrip consistently offers better rates than Trust and lets you lock in rates in advance.
📖 Related Guide: YouTrip vs Wise: Which Multi-Currency Card Is Best for Singaporean Travellers?
Fees and Charges Comparison
| Fee Type | YouTrip | Trust Card |
|---|---|---|
| Card Issue Fee | None | None |
| Annual Fees | None | None |
| Interest Charges | None | Personalised 18.9%–29.9% p.a. (credit card function, from 1 July 2026) |
| Late Payment Fee | None | S$100 (S$200 if the statement includes a loan instalment, from 9 Apr 2026) |
| Overseas ATM Withdrawals | Free S$400/month *2% fee imposed thereafter | 8% cash advance fee (from 1 Feb 2026) + cash-advance interest 18.9%–29.9% p.a. |
| FX Rates | Mastercard wholesale rates | Visa exchange rates |
| Transfer Fees | Variable fee shown in-app | Not available |
On the Trust cashback card, overseas (foreign eligible) spend earns 0.5% cashback (halved from 1% on 1 March 2026) versus 1% on local eligible spend.
📖 Related Guide: Money Changer Near Me: 14 Best Money Changers In Singapore
Cashback and Rewards Compared
This is where the two cards split most clearly. Trust is built for everyday rewards. YouTrip is built to save you money on the exchange rate itself.
| Reward | YouTrip | Trust Cashback Card |
|---|---|---|
| Local everyday spend | No cashback | 1% unlimited, from the first dollar (no minimum spend) |
| Bonus category | — | Up to 15% on one preferred category each quarter (capped at S$250 per quarter) |
| Overseas spend | No cashback (you save on the exchange rate instead) | 0.5% (halved from 1% on 1 Mar 2026) |
| Fuel | — | Up to 20% savings at Caltex |
| Partner perks | Cashback via YouTrip Perks; 15% cashback on HL Assurance travel insurance | FairPrice Group and NTUC-linked perks |
The honest read: for local, everyday spending, Trust wins. You get 1% back from the first dollar with no minimum spend, plus a quarterly category you can push to 15%. YouTrip doesn’t do everyday cashback.
Overseas, the maths flips. Trust’s foreign cashback is now just 0.5%, while YouTrip’s wholesale rate and 0% FX fees usually save you more on the exchange itself than that 0.5% gives back, and you can lock the rate in before you fly.
A quick worked example. Say you spend S$2,000 in Malaysia. At today’s rates, YouTrip’s wholesale rate gets you about 36 MYR more than Trust’s Visa rate, roughly S$11 for the same dollars. Trust’s 0.5% overseas cashback hands back around S$10, so on the spend itself the two are almost neck and neck. The real tiebreakers are YouTrip’s rate-lock (exchange in-app before you go) and fee-free ATM withdrawals, versus Trust’s new 8% cash advance fee on overseas cash.
📖 Related Guide: SGD To MYR Rate Today: Best Exchange Rates, Forecast & Where to Change Money
Overseas ATM Withdrawals Compared
Need cash abroad? This is now a clear win for YouTrip after Trust’s 2026 changes.
| ATM | YouTrip | Trust Cashback Card |
|---|---|---|
| Overseas withdrawal fee | Free up to S$400 per month, then 2% | 8% cash advance fee (from 1 Feb 2026), plus 18.9%–29.9% p.a. interest charged daily from the posting date |
| Daily withdrawal limit | S$5,000 (S$2,500 in Malaysia) | Subject to your cash advance limit |
| Exchange rate used | Mastercard wholesale rate | Visa rate |
For travel cash, YouTrip is the cleaner option. Your first S$400 each month is free and there’s no interest clock ticking. On the Trust card, an overseas ATM withdrawal is treated as a cash advance, so from 1 February 2026 you pay an 8% fee and interest starts building from day one. Local ATM operators may add their own fee on either card.
📖 Related Guide: YouTrip Withdrawal Guide For Singaporeans: ATM Fees & Limits
Verdict: Which Travel Card Should You Choose?
| What matters most to you | Best pick | Why |
|---|---|---|
| You travel often and want 0% FX fees | YouTrip | Real-time wholesale rates, no markup |
| You like locking a rate before you fly | YouTrip | Lock in 12 currencies in-app anytime |
| You hold foreign currency or send money abroad | YouTrip | Multi-currency wallet plus transfers to 40+ countries |
| You withdraw cash overseas | YouTrip | First S$400/month fee-free (Trust charges 8% from 1 Feb 2026) |
| You spend mostly in Singapore | Trust Cashback Card | 1% cashback from the first dollar |
| You want to max one category each quarter | Trust Cashback Card | Up to 15% cashback on a chosen category |
| You value FairPrice, NTUC and fuel perks | Trust Cashback Card | NTUC perks plus fuel savings at Caltex |
| You prefer a credit billing cycle over top-ups | Trust Cashback Card | A credit card with a statement cycle, no wallet loading |
For overseas use, YouTrip has the edge. With no FX fees, wholesale exchange rates, and the habit of always charging in local currency (so you sidestep DCC markups), it’s ideal for anyone looking to spend smarter when travelling. And unlike Trust (which passes through Visa’s retail rates), YouTrip gives you real-time wholesale rates.
That said, many savvy users carry both: a credit card like Trust for local rewards and emergencies, and a multi-currency card like YouTrip for travel – giving you flexibility and maximum savings.
✅ Tip: Always check the latest fees and rates on the official websites before applying.
📖 Related Guide: Revolut vs YouTrip Singapore: Which Multi-Currency Card Saves You More?
Frequently Asked Questions
For overseas spending, yes. YouTrip offers 0% FX fees, wholesale exchange rates, and the ability to lock in rates for 12 currencies. The Trust card is better for local spending, especially NTUC/FairPrice cashback.
No. Trust converts at the point of transaction. Only YouTrip allows rate locking (12 currencies).
Yes, anywhere Visa is accepted (overseas usage must be enabled in-app). Trust uses Visa’s exchange rate and does not support rate lock, so rates may fluctuate, and DCC may apply.
· YouTrip: 15+, no income requirement
· Trust debit: 16+
· Trust credit: 21–55 with income requirement
None for both cards.
Yes, from 1 March 2026 overseas cashback dropped to 0.5%, and from 1 July 2026 the credit interest rate became personalised (18.9%–29.9% p.a.). YouTrip’s zero-FX, wholesale-rate model is unchanged.
Yes, and many people do. Use the Trust Cashback Card for everyday local spend to earn cashback, then switch to YouTrip overseas for 0% FX fees, wholesale rates and rate-locking. It’s the best-of-both setup.
Both charge 0% FX on yen, so it’s close. YouTrip’s edge is the rate-lock. You can fix your SGD-to-JPY rate before you fly, which helps when the yen is volatile. Trust gives 0.5% cashback on the spend but can’t lock the rate.
Yes. From 1 February 2026, an overseas ATM withdrawal on the Trust Cashback Card is treated as a cash advance, with an 8% fee plus 18.9%–29.9% p.a. interest from the posting date. YouTrip’s first S$400 each month is free, then 2%.
Ready to Try YouTrip?
Find a card that suits your needs best — whether you’re looking for the best rates in town or one with zero fees.
Not a YouTrooper yet? Singapore’s go-to multi-currency wallet helps you save with great FX rates and zero fees. Skip the money changer and get a free YouTrip card + S$5 YouTrip credits with code <YTBLOG5>.
Then, head over to our YouTrip Perks page for exclusive offers and promotions — we promise you won’t regret it. Join our Telegram (@YouTripSG) and Community Group (@YouTripSquad) for travel tips, event invites, and more!
Happy travels!
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How to Apply for a YouTrip Card in Singapore
