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Trust Bank announces zero FX fee on overseas spending, in-app travel insurance

Khairani Afifi Noordin
Khairani Afifi Noordin • 2 min read
Trust Bank announces zero FX fee on overseas spending, in-app travel insurance
In its product pipeline, Trust is looking to launch an instant loan product by the next few months. Photo: Albert Chua/ The Edge Singapore
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Standard Chartered and FairPrice Group-backed Trust Bank has announced zero foreign exchange markup on overseas transactions as well as the ability to purchase Income’s travel insurance in-app.

This is amid growing travel demand in Singapore on the back of border reopening.

Trust CEO Dwaipayan Sadhu claims that Trust is the only credit card in the market offering zero foreign exchange fees, compared to the general range of about 3.5% charged on overseas transactions by other credit card providers.

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