Last updated on 6 January 2025
Below, you’ll find mini reviews of the best Trust credit cards in January 2025.
These cards are also featured in Suitesmile’s lists of the best cards for:
| Best for Travel | • Trust Cashback |
| Foreign Currency | • Trust Cashback • Trust Link |
| Flights | • Trust Cashback |
| Hotels | • Trust Cashback |
| Overseas ATM Withdrawals | • Trust Cashback • Trust Link |
💡 Click on the + Card Summary buttons below to view the key details of each card.
Trust Cashback
No FX fees, 1% cashback and free overseas ATM cash withdrawals
🎁 Sign-up bonusUse code V1WB7T8A during the application to get a scratch card worth up to $1,000.
A one-time spend (any amount) is required. Pro Tip: Adding this card to your Grab app would trigger as first spend, due to the verification hold.
More information on the
This card gives you unlimited 1% cashback, great foreign exchange rates and no foreign currency fees; and it does not come with an annual fee!
The existence of this card also means that the opportunity cost of using Miles cards for foreign currency spending is now over 4%, as those cards come with around 3.25% in FX fees, and no 1% cashback.
To avoid interest charges on overseas ATM cash withdrawals, follow these easy steps:
- Apply for the Trust card with code V1WB7T8A
- Apply for a Trust Savings Account through the Trust app (instant approval). There is no minimum balance, monthly fee or lock-in period to worry about!
- Deposit enough money into your Trust Savings Account
- When withdrawing cash from an overseas ATM, be sure to select Savings Account on the ATM screen (i.e. not Current, not Credit Card), and of course, never let the ATM do any currency conversion for you, as the markups are insane
The card also has a highly-complicated and misleading benefit, claiming to offer “up to 15% cashback” on your chosen spending category:
- Dining (e.g. restaurants, bakeries, food deliveries)
- Shopping (e.g. department, clothing, watch stores)
- Travel (e.g. airlines, hotels, travel agencies)
- Wellness (e.g. beauty shops, spas, gyms, pharmacies)
- Transport (e.g. ride-hailing, car rental, petrol)
- Entertainment (e.g. bars, movies, streaming services)
Why misleading? The cashback cap is a lot lower than the minimum spending requirement. Examples here.
To summarize the cashback mechanics:
To receive “15% cashback” on the chosen category, one would need to spend at least $2,000 per month, for 3 consecutive months in a quarter (total of at least $6,000). The cardholder would then be credited with $250 in cashback; that is, IF he/she had spent an average of at least $555 per month, on the chosen category.
This also means that, to unlock the “15% cashback” on $555 worth of spending, one would need to spend $1,445 per month on other things, and only earn 1% cashback on them. So, there’s a huge opportunity cost of not using other superior cards on this amount.
Essentially, this card gives you an effective cashback amount of around 4 to 4.9% on your preferred category, when spending $1,000 or $2,000 per month, for 3 consecutive months in a quarter, far lower than the advertised amount.
Cardholders can choose their preferred bonus category in the Trust mobile app.
💸 Annual fee
No annual fee, ever
💼 Income requirement
$30,000/year
🤑 Foreign currency fee
No foreign currency fee
Trust Link
No FX fees and unlimited free overseas ATM cash withdrawals
🎁 Sign-up bonusUse code V1WB7T8A during the application to get a scratch card worth up to $1,000.
A one-time spend (any amount) is required. Pro Tip: Adding this card to your Grab app would trigger as first spend, due to the verification hold.
More information on the
This card gives you great foreign exchange rates and unlimited free overseas ATM cash withdrawals with no cap; and it does not come with an annual fee!
To avoid interest charges on ATM cash withdrawals, follow these easy steps:
- Apply for the Trust Link card with code V1WB7T8A
- Apply for a Trust Savings Account through the Trust app (instant approval). There is no minimum balance, monthly fee or lock-in period to worry about!
- Deposit money into your Savings Account
- Pair your Trust Link card with your Savings Account before any ATM withdrawals. Withdrawn cash amount will be automatically deducted from your Savings Account
As an added benefit, money in the Trust Savings Account earns 0.75% interest p.a. (up to S$800,000) with no strings attached. Account holders can earn a further 0.4% if they make at least 5 transactions (min. $30 each) on the card each month.
The Trust Link card comes with other unappealing benefits like 0.22% cashback on general spending and 0.5% cashback on FairPrice Group spending.
Because of the poor earn rates, I recommend using this card only for overseas ATM withdrawals.
💸 Annual fee
No annual fee, ever
💼 Income requirement
$30,000/year
🤑 Foreign currency fee
No foreign currency fee