Aspire Digital Business Bank Account Referral Program
#1 Business Account in Singapore | Reinvent banking for small businesses
Please note that Aspire Business account is a digital debit account that you can open for businesses only. It is not for individuals.
After opening an account, you must charge something to the digital debit card in order to receive the $50 referral benefit.
[Special Aspire 3rd Anniversary Referral Bonus]
The referral bonus is being increased from S$50 to S$75 if you sign up before 3rd March 2021.
Act fast to register and fulfill the terms to grab the referral bonus.
Hey there! I’m using Aspire to save time and money. It’s a digital debit account and card for SMEs who want to do banking without hidden fees and paperwork.
Digital registration is free and less than 5 mins.
On top of that we’ll get credited 50 SGD each, give it a try!
- Debit: Aspire Business Account
- One account for all your business financial needs
- Cards: Aspire Visa Card
- The smartest corporate card for digital SMEs and Startups
- Credit: Aspire Line of Credit
- A line of credit for your working capital needs - up to S$300k
How to fulfill the referral terms and get the 50 SGD credited into your Aspire Business account?
1. Install Aspire app
After signing up at the website, first install the Aspire app from the app store:
You can also sign up directly via the app:
2. Deposit funds into Aspire Business account
A DBS bank account under your company’s name will have been created by Aspire upon account opening.
Retrieve the DBS account details from the Aspire app and you can do a FAST transfer to deposit some funds.
The funds should be received and reflected in the Aspire app almost instantaneously.
Unlike traditional banking accounts that might impose various fees, Aspire charges no monthly fees, fall below fees, or FAST transfer fees.
I started off with just $50 of funds deposited.
3. Make a purchase with the Aspire virtual corporate debit card
The final step is to make some purchase using the Aspire virtual debit card. Upon a successful transaction, the referral bonus should be credited instantly and you would receive a notification from the Aspire app.
For example: buying some office supplies from Shopee.
You can actually add the Aspire card to Google Pay:
Is Aspire regulated in Singapore?
Aspire FT Pte. Ltd. is currently exempted from holding a licence to provide payment services in Singapore under the Payment Services Act (No. 2 of 2019). You can find the list of exempted entities here. Credit lines to businesses are issued by Aspire Financial Technologies Pte. Ltd, which is an excluded moneylender under the Moneylenders Act (Cap. 188).
Your funds are kept strictly segregated in a trust account with a tier-1 bank which is safeguarded in accordance with the Payment Services Act, following MAS guidelines on the same.
Source: Aspire Knowledge Base