Singapore’s multi-currency payment platform YouTrip has introduced a new Malaysian ringgit (MYR) wallet feature, allowing users to lock in favourable exchange rates without hidden fees or foreign exchange markups.
The new wallet, launched on 16 April 2025, enables Singaporeans to exchange and store Malaysian ringgit directly within the YouTrip app for convenient spending across the Causeway.
Free Shuttle Service Across the Causeway
To celebrate the launch, YouTrip is offering free shuttle bus rides between Singapore and Johor Bahru over four weekends from 19 April to 11 May 2025.
Advertisements
The service will operate between Kranji MRT station and Mid Valley Southkey’s North Entrance every Saturday and Sunday from 9:00 am to 9:30 pm at 30-minute intervals.
Over 15,000 slots will be available during this period, with return trips departing from the same location in Johor Bahru.
Users must pre-book their slots through sign-up forms available on YouTrip’s official Instagram and Telegram channels.
Bookings for each weekend will be released every Monday prior to the corresponding weekend.
Each user is limited to one round-trip slot, which is non-transferable, and must be present at the allocated time slot.
Cashback Offers and Retail Partnerships
YouTrip has sweetened the deal with several cashback promotions running from 16 April to 17 June 2025.
The first 5,000 users who spend a minimum of S$200 cumulatively in Malaysian ringgit will receive 3 per cent cashback on all MYR transactions, capped at S$9 per user.
In addition, YouTrip has established its first retail partnership in Malaysia, offering enhanced cashback at several popular retailers:
Advertisements
-
Up to 10 per cent cashback at JD Sports
-
Up to 5 per cent cashback at CARiNG Pharmacy
-
Up to 5 per cent cashback at selected Decathlon outlets
-
Up to 5 per cent cashback at Lotus’s
These cashback offers apply to all in-store purchases across Malaysia during the promotional period.
Strategic Currency Exchange
YouTrip’s data shows that Singaporeans are becoming more strategic about foreign currency exchanges, often monitoring MYR rates up to two weeks before their trips.
This trend was particularly evident on 9 April 2025, when the Malaysian ringgit fell to 3.33 against the Singapore dollar.
On that day, YouTrip recorded a 130 per cent jump in in-app MYR conversions, with twice as many users locking in the rate compared to the previous day.
“With the ability to lock in MYR exchange rates through our in-app wallet, we’re giving users greater control and flexibility,” said Kelvin Lam, Chief Operating Officer of YouTrip.
Advertisements
These five GRCs could see the tightest battle in GE2025; here’s why:
Read Also:
- Trump Exempts Electronics from 125% China Tariffs, Sparing Smartphones and Computers
- Elderly Charity Shop Owner Baffled by Over 50 Boxes of Mystery Donation Blocking Store Entrance
- DNA from Two Men Discovered on Murdered Singaporean Woman’s Clothing as Court Orders Comparison with Main Suspect
- Former Police Officer Convicted in Fatal Maid Abuse Case That Left Victim Weighing Just 24kg
- Teen Arrested in Johor for Selling AI-Generated Fake Nudes of School Peers for RM2 Each
