Categories > Banking

5 Best Digital Banks in Singapore That Will Level up Your Banking Experience
When it comes to banking in Singapore, we’ve come a long way from standing in line with deposit slips and whispering our account numbers to the teller. If you’re like me, you’d much rather spend that time queuing for the latest bubble tea, right?
So I’ve done all the hard work for you—more of a fun dive into digital finance than a chore. I’ve tested, compared, and even chatted with some digital banking fans to come up with a list of the best digital banks in Singapore.
In this guide, we’ll show you the best digital banks that make managing money super easy. Say goodbye to boring bank visits and hello to banking that’s always in your pocket!
1. Wise

Google Play reviews score | 4.7/5 |
Trustpilot reviews score | 4.3/5 |
Total reviews | 4.5/5 |
Score consistency | 4.5/5 |
User experience (UX) and interface design | 4.5/5 |
Security features | 4.7/5 |
Pricing and fees (A higher score means better value) | 4/5 |
Variety of services | 4.8/5 |
Accessibility and integration | 4.7/5 |
Speed and efficiency of transactions | 4.8/5 |
Wise lets you receive and hold money in over 40 currencies. You also get local bank details like routing numbers and account numbers for major currencies—pretty handy if you work with international clients or friends.
What we love about this digital bank is its transparency in fees. You always know how much you’re paying with no hidden surprises.
Plus, their exchange rates are some of the best around; they use the real mid-market rate. This means you get more value for your money.
But, like any service, Wise has its downsides. While their transaction fees are generally low, they can add up if you’re transferring large amounts regularly.
Effortless global banking solutions
“Amazing app. They provide you local bank accounts in multiple countries and have worked without an issue. Their card can also be frozen and unfrozen instantly. I’ve used it to receive payment from freelancing sites and never had a single issue. But sadly, because of my ignorance I breached one of their terms of service and my account got suspended. Took their service for granted and got what I deserve. Wise is like one of those ex that got away 😅 Highly recommend it to anyone!”
BTW, Google Play Review
Fast transfers and great customer service
“Very useful app for those with foreign accounts. Easy to use, and it keeps you updated on the status of your money and transfers. My only complaint is every now and then, usually around bank holidays, but sometimes not, it can take your money longer than usual to hit. Wise usually gets you money to where it needs to go pretty fast as in seconds or a few hours, but sometimes it randomly takes days. I will say though, if that’s the only fault, its a pretty good app. Great customer service too!”
Tevin Blanton, Google Play Review
2. MariBank

Google Play reviews score | 4.5/5 |
Seedly reviews score | 4.3/5 |
Total reviews | 4.4/5 |
Score consistency | 4.4/5 |
User experience (UX) and interface design | 4.5/5 |
Security features | 4.6/5 |
Pricing and fees (A higher score means better value) | 4.8/5 |
Variety of services | 4.8/5 |
Accessibility and integration | 4.7/5 |
Speed and efficiency of transactions | 4.6/5 |
MariBank is known for their Savings Account, which is super easy to manage with no minimum deposit, no salary crediting requirement, and no minimum spending needed.
You can even earn 2.50% p.a. on your deposits. Perfect for anyone who wants a straightforward savings account without all the hassle.
The Mari Credit Card is another standout. It boasts Singapore’s highest unlimited cashback. A customer we chatted with mentioned she gets 5 Shopee Coins on Shopee spends, 3% cashback on overseas spending, and 1.7% cashback on local card spends.
For those running a business, MariBank has a bunch of business accounts and loan options, including credit lines and term loans. It’s a great option if you need reliable financial solutions for your business operations.
One potential con is that, being a newer digital bank, it might not yet have the extensive user base and trust level of established banks.
Smooth transactions with secure withdrawal options
“easy sign up. deposit and withdrawal transaction of funds are rather smooth. facial recognition before every withdrawal transaction may be a good security measure but wil be better if users have more choices (eg. to choose among OTP, fingerprint or facial recognition)”
Tien Seng Chua, Google Play Review
Quick loading app with great user experience
“app loads quickly, user experience has been great, notification of cashback after use of card is instantaneous. only thing to note so far is that app doesnt allow change of credit limit, need to do via WhatsApp (this wasnt mentioned by the chatbot, but found on google search)”
Clement, Google Play Review
3. Revolut Bank

Google Play reviews score | 4.4/5 |
Trustpilot reviews score | 4.3/5 |
Total reviews | 4.3/5 |
Score consistency | 4.3/5 |
User experience (UX) and interface design | 4.6/5 |
Security features | 4.5/5 |
Pricing and fees (A higher score means better value) | 4.6/5 |
Variety of services | 4.8/5 |
Accessibility and integration | 4.7/5 |
Speed and efficiency of transactions | 4.6/5 |
Revolut makes managing your money easy. You earn RevPoints with every purchase, whether you’re buying groceries or exploring Japan. Plus, it allows you to spend in multiple currencies, including yen.
On top of that, this bank offers joint accounts for those big life moments you want to share with someone else. This makes managing shared expenses easier and more transparent.
Their global transfer service is a real game-changer for sending money across borders. We heard from a customer who loves how fast and affordable it is, even when she’s sending money to places like Morocco or Mexico.
If you’re into investments, Revolut has you covered in that area too. You can buy stocks from big names like Apple and Tesla.
On the downside, the investment options might be overwhelming for beginners, as the risk involved in investing can be daunting.
Extremely reliable and easy to use
“I decided to get Revolut for my year abroad and am so glad I did! It’s so easy to use, extremely reliable and have been very helpful with sorting financial issues straight away. Currency exchanges are easy and they even tell you when it’smost beneficial to do them. They also do many offers for recommending to friends and family. Couldn’t recommend more!”
Anna Philips, Google Play Review
Revolutionary and intuitive banking app
“Amazing, revolutionary, and easy to understand! This is next-level banking. I personally recommend it! Interbanking transfers are a breeze, income management is simpler, and recurring payments are child’s play. They’re always innovating with features you didn’t know you needed, and their savings rates are fantastic. Their app is the best I’ve tried. I even set up an account for my child – everything’s at your fingertips.”
Robert Binkowski, Google Play Review
4. GXS Bank

Google Play reviews score | 4.1/5 |
Speedly reviews score | 4/5 |
Total reviews | 4/5 |
Score consistency | 4/5 |
User experience (UX) and interface design | 4.8/5 |
Security features | 4.8/5 |
Pricing and fees (A higher score means better value) | 4.7/5 |
Variety of services | 4/5 |
Accessibility and integration | 4.5/5 |
Speed and efficiency of transactions | 4.5/5 |
GXS Bank is designed to fit seamlessly into your life. It offers zero monthly fees and provides instant transaction notifications to keep you in the loop.
We think their Save Account is pretty impressive. You get a competitive interest rate, and you don’t need to lock your money away. That means you can earn while keeping your cash flexible and ready for whatever you need.
If you ever need quick cash, their PayNow integration has you covered, allowing you to send and receive money instantly.
They’ve nailed security as well. With advanced fraud detection and encryption, your money is in safe hands. Plus, your deposits are insured up to S$100K by the Singapore Deposit Insurance Corporation (SDIC), which adds a nice layer of protection.
Now, keep in mind that GXS is new to the digital banking scene, so they might not have as many services as the long-established traditional banks.
Clear, user-friendly app
“Gxs bank app very clear n user friendly in term of banking account usage and loan facility. The physical debit card were beautiful designed. In my opinion, It stands out compared to all other banks card.Interest for deposit savings account is one of the highest among local banks.Unable to find any flaws in their banking app and Excellent customer service. Highly recommended banking app which truely faciliate your banking needs and account holders are treated with respect being first priority.”
Joseph Zayne, Google Play Review
Enjoyable savings feature
“Been using this bank for a while now and didn’t face any major problems. What I enjoyed the most is the saving pockets area where we could create different pockets for each saving we want to do and even add goals into it. The 2.68% per annum is added daily (0.01) as long as you have a minimum of 150 in your savings. If not, you’ll have to wait till your it accumulates up to 0.01 to be added. There was also cashback when you make payment using the card which I didn’t know till recently.”
Nad N, Google Play Review
5. BigPay Bank

Google Play reviews score | 3.7/5 |
Total reviews | 3.7/5 |
Score consistency | 3.7/5 |
User experience (UX) and interface design | 4.6/5 |
Security features | 4.7/5 |
Pricing and fees (A higher score means better value) | 4.7/5 |
Variety of services | 4/5 |
Accessibility and integration | 4.7/5 |
Speed and efficiency of transactions | 4.8/5 |
One thing that makes BigPay really stand out is its super competitive exchange rates. No matter if you’re shopping online, ordering a meal, or booking a hotel in Bangkok, you’ll get great value for your money.
Plus, you avoid those annoying currency conversion fees that other cards might charge, so you’re saving more and keeping extra cash for all the fun stuff.
Another great feature is the ability to pay your utility bills directly from the app. This makes managing all your finances in one place a breeze without the hassle of juggling multiple apps or websites.
The app also excels at budgeting. It tracks and categorizes all your expenses, displaying everything on one easy-to-read screen.
The downside? This digital bank might not offer as many financial services as some traditional banks. So, if you’re looking for loans or a wide range of investment options, you might feel it’s a bit limited.
Effective budgeting app
“As its current condition, it makes a very good budgeting application. The features of categorising, sort by month(per year), amount and date tracking is very useful. What makes this more better is that we can make notes and take pictures of receipts in this app. If you’re looking for an ewallet, BigPay didn’t make itself better than the likes of TnG, Boost, or Grab. But it’s still a good ewallet(included with physical&digital prepaid Visa). Splitting bills also become easier with this app.”
Atap Berbumbung, Google Play Review
Lifesaver for international money transfers
“I spent many days and nights trying to find some app that I can use to transfer money from Iraq. I found many apps at the internet and some of them are really nice with affordable transfer fees but non of them support my country. sending money through Western Union is not a good choice especially when the amount sent is high. In fact I lost the hope in finding a suitable app that can help me in sending money and I thought that I only have Western Union as an option. Then after some days I was in a group chat in Whatsapp and they mentioned that there is an app called BigPay and this app can transfer money for a reasonable fee and from nearly many countries in the world and they also send Visa card for free which can be used in withdrawing cash or for paying for merchandises and in-store purchases or in online payments, therefore, when I heard that I decided to give it a shot and what experience I found there! They are just what I was looking for through my past long days.. In short they gave me the motivation and reason to live here in Malaysia without worrying about money or expenditures. They saved me and made my life easy here. I am thankful to my friends for telling me about BigPay. I am more thankful for BigPay for giving me this wonderful chance. Big thank you to you BigPay! I love you for sure ✨🎉 I am looking now to use their services as long as possible (;”
Hasanain Ali Jabber Al-Jaber, Google Play Review