Singapore - Post Report Question and Answers
Are credit cards widely accepted and safe to use locally? Are ATMs common and do you recommend using them? Are they safe to use?
Cards of all types are widely accepted and safe. ATMs are everywhere. Our local mall has about 4-5. Cash is often used at hawker centers, but more are using PayNow where you pay with an app on your phone. Our local bakery is cash only. - Jul 2024
Cash is common in hawker centers and smaller shops. ATMs tend to be in MRT stations and inside shopping centers. They are plentiful, but they are intentionally tucked out of the way, so you may need to rely on signage, Google Maps, or your bank’s app to find one. For some reason, Visa cards issued overseas frequently run into problems when paying online. In person there’s usually no problem, and MasterCards don’t seem to have the same issue. Amazon.sg adds a surcharge when paying by Visa (not MasterCard). Best to have at least one of each, in case one doesn’t work. Currently contactless chip cards are very commonly accepted and easy to use (called “Paywave” here). You should get a local bank account, though going to the bank has been a huge hassle for us. Opening an account included tons of nonsensical, duplicative, bureaucracy, waiting in queues, talking to dozens of staff, etc. The concept of a basic checking account for just paying bills seemed foreign here — the local market is interested higher-yield accounts and accounts that come with strange extras like health insurance. But once you’re established, you can pay by NETS (like a debit card app exclusive to Singapore - many merchants accept NETS or cash only because it’s cheaper for them), PayNow, and Paylah (direct bank transfer using mobile phone number). - Mar 2022
If possible getting a local account is great! It is a lot cheaper and you can pay by nets. - Aug 2015
We use USAA and have no problems. - Aug 2015
Fine and reliable. - Apr 2012
Fine...no issues - Nov 2011
No problems. - Mar 2010
Easy. We use DBS bank. Get a local credit card for local purchases. - Dec 2008
Very easy, although not as many places take credit cards as do in the US. - Aug 2008
No proplems at all. - Jun 2008