Country profile
Crypto cards in Singapore.
Singapore has one of the most demanding regulatory regimes in Asia and one of the most premium audiences for crypto cards. MAS keeps issuers honest; the no-CGT tax position keeps holders relaxed; and most residents quietly run two or three cards across providers. These are the six that matter.
Cards live
6
Regulator
MAS
Singapore regulatory note
Digital payment token services operating in Singapore must be MAS-licensed. MAS prohibits DPT providers from advertising to the Singapore retail public, this site is independent editorial and not advertising. Always verify your chosen provider's MAS licence status before signing up. Nothing on this page is tax or financial advice. How this site works.
| # | Card | Network | Per-tx limit | Conv. | FX | Score | |
|---|---|---|---|---|---|---|---|
| 01 | Crypto.com Visa | Visa | $25,000 | 0% | 0% to monthly cap | 7.4 | View → |
| 02 | Bybit Card | Mastercard | $20,000 | 0.9% | 0.5% | 7.0 | View → |
| 03 | MetaMask Card | Mastercard | $5,000 | 0.875% | 0% | 8.2 | View → |
| 04 | Nexo Card | Mastercard | $10,000 | 0% fee; Debit Mode spread applies | 0.2% weekday / 0.7% weekend (EEA/UK/CH); ~2% ROW | 7.0 | View → |
| 05 | Wirex Card | Visa | $10,000 | ~1-2% crypto-to-fiat spread | 0% (conversion spread applies) | 5.4 | View → |
| 06 | Kast Card | Visa | - | 0% | 0.5%–1.75% | 6.6 | View → |
Pick the right card for Singapore
One card is missing from the table above. RedotPay, our highest-scoring card overall, does not issue cards to Singapore residents: Singapore is on RedotPay's own card issuance restriction list (dated 27 August 2026), which rules out both the virtual and the physical card and means a Singapore address cannot be registered as a billing address.
Singapore-based readers typically carry two or three crypto cards, not one. The base layer is usually Crypto.com Visa for cashback. The tier-staking maths can be brutal if CRO drops, but at the top tiers the rewards are durable enough to justify keeping a stake. Singapore residents who already trade on Crypto.com get the easiest workflow.
Layer two is the stablecoin-spend card. Bybit Card is the cleanest pick for an APAC-native trader with funds already on Bybit; the 0.5% FX is the lowest in this set and the cashback is paid in USDT (no token volatility on entry tier). MetaMask Card is the alternative for anyone with a self-custody-by-default stance, your USDC stays in your MetaMask wallet until the moment of spend.
MAS, the PSA, and what it means for cardholders
Singapore's Payment Services Act 2019 brought digital payment token services into a unified licensing regime under MAS. Anyone operating a DPT business with Singapore customers must hold a Major Payment Institution (MPI) or Standard Payment Institution licence, or a Payment Services Act exemption.
For cardholders, the practical impact is twofold. First, the issuers serving you here are held to MAS-grade AML, capital, and consumer-protection standards. Second, you'll see far less marketing than in markets like the US or UK because MAS prohibits DPT services from advertising to the Singapore retail public. That has driven crypto marketing in Singapore underground (private events, word-of-mouth) and increased the value of independent reviews, including this one. We are not a DPT service and don't receive any commercial relationship from the cards we cover.
IRAS tax in plain English
Singapore is exceptionally favourable on personal crypto tax. There is no capital gains tax on disposal of crypto assets held as personal investments. The spend from a crypto card, even when it triggers a technical "disposal", does not produce a taxable gain for an individual Singapore tax resident in the ordinary case.
The line where this changes: if your trading frequency, intent, or scale crosses into what IRAS considers a trade or business, your gains may be assessed as income. The factors IRAS looks at include the frequency of transactions, the holding period, the financing of the activity, and the reason for the purchase. Most retail users running one or two crypto cards for personal spend never come close to this line.
On GST: digital payment tokens have been GST-exempt at the conversion step since 2020. Whatever GST applies to the goods or services you buy at the merchant applies normally.
None of this is tax advice. If your annual crypto activity is large, get a Singapore accountant who specifically does digital-asset work to confirm your position.
FAQ
Are crypto cards legal in Singapore? +
Yes, but the rules are strict. Digital payment token (DPT) services operating in Singapore must be licensed by MAS under the Payment Services Act. MAS guidelines from 2022 prohibit DPT providers from marketing to the retail public in Singapore, which is why you rarely see crypto-card billboards or social ads here. The cards themselves work normally; the marketing channel is just heavily constrained.
What is the best crypto card for Singapore residents? +
Crypto.com Visa is our top pick among the cards Singapore residents can actually get, with cashback as the main draw. Many Singapore-based users pair it with Bybit Card for stablecoin spend. RedotPay, our highest-scoring card overall, is not an option: it does not issue cards to Singapore residents.
Is RedotPay available in Singapore? +
No. Singapore is on RedotPay’s card issuance restriction list (help-centre page dated 27 August 2026). Singapore residents are ineligible for both the virtual and the physical RedotPay card, and a Singapore address cannot be registered as a billing address. The restriction is residency-based: Singapore is not on RedotPay’s separate location-based access list, so visitors holding a card issued elsewhere are not affected.
Do I pay tax on crypto-card spend in Singapore? +
Singapore has no capital gains tax on personal crypto-asset disposals, which is the single biggest advantage of being tax-resident here. If your activity is frequent enough to be classified as a trade or business, IRAS may treat it as taxable trading income. GST does not apply to the digital-payment-token conversion step (since 2020); GST on the underlying goods or services at the merchant applies normally.
Why are Singapore-based crypto promotions so limited? +
MAS issued explicit guidelines in January 2022 prohibiting DPT service providers from advertising to the Singapore retail public. The intent is to prevent the impression that crypto is suitable as everyday investment for average consumers. Card issuers operating here must be measured in how they promote products, which makes word-of-mouth and independent reviews like this one the main channel.
Is Bybit Card available in Singapore in 2026? +
Bybit Card serves APAC including Singapore, but Bybit Singapore has been the subject of MAS warnings about offering services without a licence. The product can be used; tracking the provider’s licence status is the relevant due-diligence step for any Singapore resident.