Looking for a multi-currency card that’ll help you rack up extra savings on your travels? Check out this Revolut Vs YouTrip Singapore comparison guide to determine which card suits your travel needs best!
When it comes to managing finances while travelling, choosing the right multi-currency card can make all the difference. Two popular options are YouTrip and Revolut Singapore. Revolut Vs YouTrip — both offer a range of features to simplify your spending, but which is the best multi-currency card for you?
In this comprehensive ‘Revolut Vs YouTrip Singapore’ guide, we’ll be comparing the two by delving into their features, fees, exchange rates, and more to help you make an informed decision.
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Revolut Vs YouTrip: Comparing Features
When choosing a multi-currency card that’s right for you, you’ll have to first consider its fee structure. Here’s a detailed comparison between the two multi-currency cards along with their features and fees:
| YouTrip | Revolut Singapore | |
|---|---|---|
| Currencies Available | 10 wallet currencies 150+ currencies | 30 wallet currencies 130+ currencies *stated under supported currencies in Revolut’s FAQ |
| Annual Fees | None | Standard Plan: Free Premium Plan: S$9.99/month Metal Plan: S$19.99/month |
| Fair usage limit & fees *A fair usage limit refers to the cap on the total amount of in-app exchanges that can be made per month. | No fair usage limits and fees | Standard Plan: S$5,000 limit and a fee of 0.5% when exceeded Premium Plan: S$15,000 limit and a fee of 0.5% when exceeded Metal Plan: No fair usage limits |
| Foreign Transaction Fees | None | On weekdays: No fees apply if you’re within your plan’s fair usage limit On weekends: 1% fee applies regardless of your plan |
| Overseas ATM Withdrawal Fees | Free monthly withdrawals of up to S$400 A 2% fee will apply thereafter on the amount withdrawn | Free monthly withdrawals of up to S$350 or free 5 withdrawals (whichever comes first) A 2% fee will apply thereafter on the amount withdrawn. OR S$1.49, whichever is higher. |
| P2P Transfer Fees (Sending Money) | No fees | ✅ Transfers to other Revolut users locally: Free ✅ Instant Transfers to other Revolut Users globally: 1.99% fee ✅ Bank transfers: 2.49% of the transfer value + US$0.60, with a minimum fee of US$1.30 ✅ Card Transfers: 2.49% of the transfer value + US$0.60 |
| Bank Withdrawals | No fees, limited to 10 bank withdrawals per calendar month. *If you wish to make more than 10 bank withdrawals, you’ll have to request for a refund (processing fee of S$10) | Fair usage limit of 5 free transfers with a fee of S$2.99 for each transfer thereafter |
| Top-Up Fees | ✅ Mastercard debit card: No fees ✅ Mastercard credit card: No fees ✅ Visa debit card: No fees ✅ Visa credit card: 1.5% service fee ✅ PayNow: No fees ✅ Linked Bank Account (eGIRO): No fees | ✅ Mastercard debit card: 0.51% ✅ Mastercard credit card: 0.62% ✅ Visa debit card: 0.30% ✅ Visa credit card: 1.97% ✅ International consumer debit & credit cards: 2.08% ✅ Commercial debit & credit cards: 1.12% ✅ From bank accounts in Singapore: Free |
| Wallet Limits | Maximum top-up limit at any time: S$20,000 Annual spending limit: S$100,000 | Maximum top-up limit at any time: S$20,000 Annual spending limit: S$100,000 |
Revolut Vs YouTrip Singapore Comparison 2024: Check out our YouTrip VS Amaze Comparison in Malaysia 2024 here
Revolut Vs YouTrip: Comparing Exchange Rates
If you’re looking for a multi-currency card that’ll grant you the biggest savings overseas, a card with the best exchange rate would be your most crucial consideration. Here’s a side-by-side comparison of YouTrip and Revolut Singapore exchange rates for nine popular currencies.
| YouTrip | Revolut Singapore | |
|---|---|---|
| SGD to JPY Google’s Rate: 1 SGD = 116.80 JPY | 1 SGD = 116.80 JPY | 1 SGD = 116.42 JPY |
| SGD to EUR Google’s Rate: 1 SGD = 0.69 EUR | 1 SGD = 0.6892 EUR | 1 SGD = 0.6864 EUR |
| SGD to USD Google’s Rate: 1 SGD = 0.74 USD | 1 SGD = 0.7403 USD | 1 SGD = 0.7385 USD |
| SGD to MYR Google’s Rate: 1 SGD = 3.49 MYR | 1 SGD = 3.479 MYR | 1 SGD = 3.471 MYR |
| SGD to CNY Google’s Rate: 1 SGD = 5.37 CNY | 1 SGD = 5.370 CNY | 1 SGD = 5.359 CNY |
| SGD to GBP Google’s Rate: 1 SGD =0.58 GBP | 1 SGD = 0.5823 GBP | 1 SGD = 0.5810 GBP |
| SGD to HKD Google’s Rate: 1 SGD = 5.78 HKD | 1 SGD = 5.779 HKD | 1 SGD = 5.621 HKD |
| SGD to AUD Google’s Rate: 1 SGD = 1.11 AUD | 1 SGD = 1.110 AUD | 1 SGD = 1.105 AUD |
| SGD to NZD Google’s Rate: 1 SGD = 1.21 NZD | 1 SGD = 1.206 NZD | 1 SGD = 1.201 NZD |
*Rates are taken at the time of writing as of 19 June 2024
Revolut Vs YouTrip Singapore Comparison 2024: Check out this iChange vs YouTrip comparison
Pros & Cons:
1. YouTrip
Founded in 2018, YouTrip is a multi-currency digital wallet with a prepaid Mastercard. By leveraging wholesale exchange rates, YouTrip enables you to lock in the best rates all day from 10 popular in-app currencies. Plus, score competitive exchange rates for 150+ currencies worldwide at zero fees.
YouTrip is also the first e-wallet to enhance its wallet limits, enabling you to top up S$20,000 and spend with an upsized annual limit of S$100,000.
Pros:
- Able to spend in 150+ countries
- As seen above, YouTrip has higher exchange rates, suitable for those looking for bigger savings overseas
- Unlike Revolut, YouTrip has no annual fees, foreign transaction fees (even on the weekends), P2P transfer fees, and no fair usage limit and fees
- Has minimal top-up fees (no fees for all top-up methods except Visa credit cards)
- Has a higher free monthly ATM withdrawal amount of up to S$400 compared to Revolut
Cons:
- YouTrip only has 10 wallet currencies
- Does not have budgeting tools available
Revolut Vs YouTrip Singapore Comparison 2024: Find out more about YouTrip’s Wholesale Exchange Rates here
2. Revolut Singapore
Image Credits: Revolut
Founded in 2015, Revolut has a multi-currency card and app that leverages interbank rates. Revolut enables you to lock in 30+ currencies and spend in 130+ countries at favourable exchange rates. Accounts range from free standard plans to the pricier Metal plan with more features at higher fees.
Pros:
- Has 30 wallet currencies
- Has various plans that meet different needs — from a free basic account to a premium paid plan
- Has budgeting tools available
Cons:
- Unlike YouTrip, Revolut has annual fees of up to S$19.99 per month to unlock the highest tier for full access
- Has foreign transaction fees of 1% on weekends, P2P transfer fees, as well as fair usage fees when you exceed your plan limit
- Has higher top-up fees that apply across both Mastercard and Visa credit and debit cards
- Has a lower free monthly ATM withdrawal amount of up to S$350 or free 5 withdrawals
Revolut Vs YouTrip Singapore Comparison 2024: Check out our guide to the best multi-currency cards for the biggest savings here
The Verdict
Revolut Vs YouTrip, which is the best multi-currency card? Well, that’s completely up to you. While Revolut offers a broad range of currencies and various plans, YouTrip is a good choice for getting the best rates at zero fees. That means no FX fees at all times, no annual fees, and free monthly S$400 in ATM withdrawals.
As Singapore’s favourite multi-currency wallet, we’re all about giving you the best rates with none of those pesky fees for bigger and better savings. So if you’re looking for a go-to travel card, sign up for your complimentary YouTrip card today with <YTBLOG5> and get FREE S$5 in your account!
For more great tips and articles like this, join our Telegram (@YouTripSG) and subscribe to our free weekly newsletter here or down below. And while you’re at it, why not join the conversation with thousands of #YouTroopers in our very own Community Telegram Group @YouTripSquad? Get tips and tricks to everything YouTrip including exclusive invites to exciting events and experiences, & be part of the #YouTripSquad! 💜
Bon voyage!
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