Popular amongst Singaporean travellers (and known for offering favourable Forex rates), YouTrip users can now transfer funds back to their bank account without a fee. This comes in addition to the ability to easily topup the account by linking the bank account to the YouTrip card.
YouTrip users will receive invitations to experience the new features in phases progressively over the next few days. Earlier this year, the company has already raised its limits to S$20,000 for wallet hold ann S$100,000 annual spending – up from S$5,000 and S$30,000 respectively.
Comes with several limitations
Users will be required to convert overseas funds to SGD before performing the withdrawal. As a safety measure, transfers can only be made to the users’ registered PayNow. While we were thankful for the said implementation, we regret to realise that users are limited to 10 free withdrawals per calendar month.
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