Save big on your business payments with HSBC Commercial and Corporate Virtual Card
Enjoy 0.9% CardUp fees (u.p. 2.6%) when you use your HSBC Commercial and Corporate Virtual Card on CardUp.
Pay your business expenses with CardUp
Rent
Payroll
Supplier Invoice
Corporate Taxes
Insurance
Car loan
Season parking
Electricity
Stamp duty
MCST fees
and more...
Why use CardUp for your business expenses?
Optimise cash on hand
Free up more cash on hand to better manage your working capital. Extend your payables by up to 2 months when you use your credit limit to pay all your expenses
Digitise and automate
Save up to 50% of your time by easily automating your payables with our invoice tools. No training or tech skills required.
Ensure secure transactions
All payments adhere to the highest security standards. CardUp is licensed by the MAS and is PCI-DSS compliant.
How does using your DBS Visa Commercial Card free up cash on hand?
Receive invoice
Sam receives an invoice from his supplier
Pay recipient
He charges the invoice amount to his HSBC Commercial and Corporate Virtual Card via CardUp, and his supplier receives the payment on time via a bank transfer
Delay payment
His credit card statement arrives at the start of the next month. Sam pays off his statement when it is due, extending his invoice payment terms by up to 2 months, interest-free!
How to get started?
1. Fill in the form
Click here to fill in the form and a dedicated account manager will reach out to assist in setting up your account and lowered fees for your business
2. Setup your payment
Input your recipient's payment information and enter your DBS Visa Commercial Card details.
View full instructions here.
3. Enjoy the convenience
Your card will be charged and your recipient will receive the payment via bank transfer within 3 business days.
See FAQs here.
HSBC Commercial and Corporate Virtual Card Offer
Pay only 0.9% fee per transaction (u.p. 2.6%) for any domestic payment. Next-day payments can be processed at an additional 0.3% fee.
Have questions about using CardUp for your payments?
What business payments can I make with CardUp?
Our platform lets you shift payments currently made by cash, cheque or bank transfers onto your credit cards, even where cards are not accepted. These include payments such as payroll, supplier invoices (including business services), rent, corporate taxes and more.
You can view the full list of accepted payments here.
How does using my credit card free up my cash flow for 2 months?
When you use a credit card to make a payment, your recipient still gets paid on time, while you defer the actual outflow of your cash until your card bill is due. This lets you gain up to two months of extended payment terms.
How will payments made by CardUp appear on the recipient's bank statement?
The CardUp payment will reflect on the recipient’s statement as per the reference you entered when the payment is set up.
See an image example here