Currency. The official currency of Singapore is the Singapore dollar. Credit cards are widely accepted in restaurants, bars, shops, hotels and taxis in Singapore.
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What is the safest way to take money to Singapore? To avoid carrying too much cash, and to cut out the costs of foreign transaction fees, using a travel money card from a digital provider like Wise or Revolut can be a good choice.
Our normal advice here is to allow S$100 per person per day, which will cover your basic expenses. Naturally if you choose to eat in fine restaurants, and especially buy alcoholic drinks, that may not be adequate.
Pay in stores using your phoneFor most things in Singapore, you can get by without even carrying your card if you should choose to do so. As long as you have your phone, and set up Apple Pay¹°, Google Pay¹¹ or Samsung Pay¹² you can make payments using the same near field communication used by contactless cards.
Background. The national campaign to minimise cash transactions was launched on 14 March 1985 to urge Singaporeans to carry out financial transactions electronically. The drive to bring Singapore closer to a cashless society was part of the government's plan to improve efficiency in processing payments.
The usual comfortable recommendation is 100 SGD/ person/ day, the sum includes: attraction tickets, meals, drinks, local transport and some souvenirs. Of course the meal cots will depend on how posh you prefer to dine/ lunch etc.
Carrying your passport is not mandatory in Singapore, except when you have committed a crime or need official services. Below are tips on how to protect your passport: Make copies: The police accept digital and hard passport copies instead of original passports during random checks.
The general rule of thumb is to set aside at least 3 to 6 months of expenses as emergency cash. A sole breadwinner of the family should consider what are the fixed and variable expenses.