Summary
YouTrip provides a multi-currency travel wallet and a corporate card for individuals and businesses. It enables users to spend and transfer money internationally with competitive exchange rates and low to zero foreign exchange fees. The platform also offers features like virtual cards, instant transfers, and expense management for businesses.
Features9/15
See allMust Have
5 of 5
Mid-Market Exchange Rate Transfers
Transparent Low Fees
Multi-Currency Account
Borderless Debit Card
Fast Transfer Execution
Other
4 of 10
Business Account Features
Mobile App
Regulatory Compliance
Customer Support
Batch Payments
API Integration
Real-Time Rate Alerts
Invoice Creation
Spending Analytics
Multi-User Access
PricingFreemium
See allYouTrip Personal
- Multi-currency wallet
- Prepaid Mastercard
- 0% overseas transaction fees for 150+ currencies
- Virtual card
- Apple Pay & Google Pay integration
- One-click lock system
- 24/7 monitoring
- Instant payment alerts
- ATM withdrawals are fee-less for the first S$400 in foreign currency per calendar month. 2% fees apply thereafter.
YouBiz (Business)
- Unlimited 1% cashback on all card spend
- Real 0% FX fees on payments in over 150 currencies
- Multi-currency account to manage expenses in up to 9 currencies
- Unlimited virtual and physical cards
- Customizable spend controls
- Seamless bill payments
Rationale
YouTrip offers a multi-currency travel wallet and a corporate card (YouBiz) with features directly aligning with the 'Wise' concept. They explicitly mention 'best rates' and 'zero FX fees' which corresponds to mid-market exchange rates and transparent low fees. The 'multi-currency travel wallet' and 'multi-currency account' for businesses directly match the multi-currency account feature. The 'prepaid Mastercard' and 'virtual card' function as a borderless debit card. They also highlight 'instant transfers' and 'same day transfers' for fast transfer execution. The YouBiz product specifically targets businesses with features like 'unlimited virtual and physical cards' and 'customisable spend controls', which align with business account features. The availability of a 'mobile app' and emphasis on 'security' and being 'licensed by the Monetary Authority of Singapore' cover mobile app and regulatory compliance. Customer support is also mentioned.
