YouBiz Singapore 2026: Complete Guide to YouTrip’s Business Multi-Currency Account

Zero FX fees, 1% unlimited cashback, and 8 currency wallets — built for Singapore SMEs and startups.

YouBiz is YouTrip’s multi-currency business account and prepaid Mastercard for Singapore-registered companies. It charges 0% foreign exchange fees in 20 currencies, offers unlimited 1% cashback on all card spend, and holds balances in 8 currency wallets. Licensed as a Major Payment Institution by MAS under the Payment Services Act, YouBiz is built for SMEs, startups, and growing businesses that want to cut cross-border costs without switching banks.

Not financial advice. All figures are for educational reference only. Data verified as at October 2026 from official sources unless noted. Fees may change — check you.co/biz for the latest.

Table of Contents

What Is YouBiz?

YouBiz is the business arm of You Technologies Group, the Singapore-based fintech company behind the popular YouTrip Singapore multi-currency card. Launched in Singapore in 2022, YouBiz is a multi-currency business account paired with a prepaid Mastercard that lets Singapore companies hold, spend, and transfer money across 150+ currencies in 190+ countries.

Unlike a traditional business bank account, YouBiz is an e-money account regulated by the Monetary Authority of Singapore (MAS) as a Major Payment Institution under the Payment Services Act. Funds are held in safeguarded client accounts — but this is not the same as deposit insurance. YouBiz is not covered by the Singapore Deposit Insurance Scheme (SDIC), and it is not a bank. The account is entirely prepaid with no credit line: you load funds before you spend.

For Singapore SMEs, the key appeal is the zero-FX-fee model. Traditional bank corporate cards typically charge 2.5–3.5% on every foreign currency transaction — a meaningful recurring cost for businesses paying overseas suppliers, running digital ads in USD, or subscribing to SaaS tools billed in EUR. YouBiz eliminates this fee in 20 core currencies, with a small spread of approximately 0.1–0.4% in others. The 1% unlimited cashback on all card spend adds further return, making YouBiz a compelling alternative to the standard Singapore bank business card for internationally active companies.

Key Facts at a Glance

Source: you.co/biz, October 2026. Features subject to change.

FX Rates and Fee Savings Explained

YouBiz charges 0% FX fees when you spend in any of its 20 supported zero-fee currencies: SGD, USD, GBP, EUR, AUD, CAD, HKD, INR, BRL, CNY, IDR, JPY, MYR, PHP, LKR, KRW, CHF, THB, TRY, and VND. For transactions in other currencies, a small spread of approximately 0.1–0.4% above the Mastercard wholesale rate applies — still dramatically lower than the 2.5–3.5% markup on most Singapore bank business cards.

YouBiz references the “Mastercard wholesale rate” as its base — this is the interbank exchange rate, one of the most favourable rates available before any markup. The 0.1–0.4% spread for non-zero-fee currencies is based on independent analysis; YouBiz does not publish an exact rate methodology on its website as at October 2026.

To illustrate the real-world impact, consider a Singapore SME spending SGD 10,000 per month on overseas purchases (Google Ads in USD, software subscriptions in USD/EUR, overseas supplier invoices):

Illustrative only. Based on SGD 10,000/month overseas card spend. Bank FX rate assumed at 2.5%. YouBiz 0% in 20 currencies; cashback at 1% uncapped. Actual results vary. October 2026.

Features and Card Management

Card issuance and controls: YouBiz lets you issue up to 100 virtual and physical Mastercard cards for your team. Virtual cards are issued instantly after account approval; physical cards are also free and arrive within 5–7 business days. Each card can be configured with individual spend limits and merchant category controls by the account admin, with real-time visibility across all transactions.

Funding and transfers: Top up your YouBiz account via PayNow (using your corporate UEN) or FAST bank transfer — both are free. Local SGD transfers support up to SGD 200,000 per transaction. International remittances support amounts up to USD 500,000, GBP 250,000, and EUR 300,000 per transfer. ATM withdrawals are free from YouBiz’s side, with per-card daily limits of up to SGD 20,000 set by the admin — though note that Singapore-based ATMs are not supported; overseas ATM withdrawals only.

Batch payments: YouBiz supports batch bill payments of up to 1,000 at a time, useful for businesses managing multiple vendor invoices or running payroll-style supplier payments at scale.

Xero integration: Transactions sync to Xero in real time for automated reconciliation. New YouBiz accounts receive 50% off the first six months of a new Xero subscription — a meaningful saving for businesses not already using Xero. As at October 2026, Xero is the only accounting platform integrated; businesses using QuickBooks, NetSuite, or FreshBooks will need to export transactions manually.

1% cashback: YouBiz credits 1% cashback on all eligible card spend to your account by the 15th of the following month. There is no minimum spend and no cap — making this one of the most accessible business cashback offers in Singapore, where most bank corporate cards restrict cashback to specific categories or set high minimum monthly spend thresholds.

How to Sign Up for YouBiz (Step-by-Step)

Opening a YouBiz account is fully digital and typically completes within 1–2 business days. Here is the process as at October 2026:

1. Visit you.co/biz and click “Get Started” or “Open an Account.”
2. Enter your company UEN. Details pre-fill from ACRA automatically. For faster processing, use Singpass MyInfo Business to auto-populate your company and director information.
3. Upload supporting documents: ACRA Business Profile (downloadable from BizFile+); director’s NRIC (front and back); an authorisation letter if the applicant is not a registered director; foreign-registered companies submit a business registry extract from their home country.
4. Enter referral code YOUygWAHwmo during the application to access any current sign-up promotions.
5. Wait 1–2 business days for verification and approval by YouBiz’s compliance team.
6. Issue cards and top up. Virtual cards are available instantly post-approval. Top up via PayNow to your YouBiz corporate UEN or by FAST transfer. Physical cards arrive in 5–7 business days.

Eligibility: YouBiz is open to Singapore ACRA-registered businesses including private limited companies (Pte Ltd), sole proprietorships, partnerships, and LLPs. At least one director or authorised representative must hold a valid Singpass account. Foreign-registered companies operating in Singapore may also apply. Unregistered freelancers and sole traders without ACRA registration are not eligible — you must have a formal business entity. For a personal multi-currency travel card, see our guide on the YouTrip referral code and personal sign-up bonus.

YouBiz vs Alternatives for Singapore SMEs

YouBiz is not the only multi-currency business card in Singapore. The table below compares it with three alternatives commonly considered by local SMEs. All data is from publicly available sources as at October 2026 — verify current terms directly with each provider before applying, as fees and features change.

Source: Provider websites, October 2026. Verify fees before applying — features and pricing change.

YouBiz’s standout advantage is the uncapped 1% cashback on all card spend — none of the main Singapore alternatives match this without category restrictions. The 150+ currency coverage is also broader than most competitors. The primary limitation is the single accounting integration: businesses not already on Xero, or those needing QuickBooks or NetSuite sync, will find Wise Business or Aspire more compatible.

For personal travel cards rather than business accounts, see our YouTrip vs Revolut Singapore comparison for side-by-side consumer card options.

Who Should Get YouBiz?

YouBiz is well-suited for Singapore businesses that regularly deal in foreign currencies and want to eliminate FX fees while earning cashback on card spend. Specific use cases where it shines:

• SMEs paying overseas suppliers, manufacturers, or freelancers in USD, EUR, GBP, or other major currencies
• E-commerce businesses with cross-border sourcing or global customer payouts
• Startups with overseas team members needing individual corporate cards in multiple currencies
• Digital agencies and media buyers paying Google Ads, Meta Ads, or LinkedIn in USD
• Businesses already on Xero that want seamless real-time expense sync
• Companies where the 1% cashback on all spend makes it more rewarding than any category-restricted bank card

Consider alternatives if: you need credit terms or interest-free periods (YouBiz is strictly prepaid); you use QuickBooks, NetSuite, or other accounting platforms beyond Xero; you need Singapore-based ATM withdrawals; or you are an unregistered freelancer without an ACRA entity. For those managing business profits alongside personal finances, our Singapore retirement planning calculator can help map out how FX savings and cashback earnings compound into long-term wealth — and passive income strategies for Singapore investors covers how to put those business earnings to work.

Disclaimer: This article is for informational purposes only and does not constitute financial or business advice. YouBiz features and fees are subject to change without notice. Always verify current terms at you.co/biz before making any business decision. Data as at October 2026.

Frequently Asked Questions

Open a YouBiz Account

Apply online at you.co/biz. Enter referral code YOUygWAHwmo during sign-up. Approval in 1–2 business days. S$0 monthly fee, S$0 card fee.

For personal YouTrip multi-currency cards, get a sign-up bonus via our YouTrip referral code page.