Launched by London-based fintech company Revolut in November, the vending machine is located next to the NUS Business Analytics Centre on the fourth level of Biz2, the university's business school, and is the first of its kind in Singapore.
Users can click on a screen to get a new card, and then activate it by scanning the QR code on the envelope it comes in.
New users have to sign up for a Revolut account, and link the new card to their account.
Existing customers can also use this vending machine if they want to get a new card.
In response to queries from The Sunday Times about the location of the first vending machine, Revolut Singapore's chief executive Raymond Ng said: "Students below the age of 21 are often underserved by traditional financial institutions, missing out on tailored solutions that meet their unique needs."
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