Best No Annual Fee Credit Cards in Singapore 2024

Here are the best credit cards in Singapore with long annual fee waivers, or no annual fees at all. Read More
We found 32 Credit Cards for you!
CIMB World Mastercard
MoneySmart Exclusive
Unlimited 2% Cashback | FASTER GIFT REDEMPTION
Annual Fee
S$0
Annual Interest Rate
27.8%
Unlimited Cashback on the following categories (Wine & Dine, Online Food Delivery, Movies & Digital Entertainment, Taxi & Automobile, Luxury Goods)
Up to 2%

[FASTER GIFT REDEMPTION]
Get S$280 Cash via PayNow, in as fast as 2-3 months when you apply and spend a min of S$988. T&Cs apply.

Valid until 30 Apr 2024 - See more details below
Apply Now
Standard Chartered Simply Cash Credit Card
MoneySmart Exclusive
1.5% UNLIMITED CASHBACK
Promotion ends in
Annual Fee waiver with no minimum spend
1 year
Annual Principal Fee
S$196.20
Annual Interest Rate
27.90%

Get a Nintendo Switch OLED (worth S$549) or a Hinomi Q1 Ergonomic Chair (worth S$499) or a Apple Watch SE (worth S$382.50) or a Apple AirPods Pro (worth S$365.70) or a ErgoTune Classic Ergonomic Chair (worth S$399) or a Titan V1 Foldable Bike (worth S$399) or up to S$370 Cash via PayNow* when you apply and meet the relevant spend criteria! T&Cs apply.

Valid until 21 Apr 2024 - See more details below
Apply Now
HSBC Revolution Credit Card
MoneySmart Exclusive
Earn up to 4 miles per S$1 | Instant Activation*
Promotion ends in
on Online Spend and Contactless Payments
S$1 = 10X Points
on All Other Spend
S$1 = 1X Point
Annual Fee
S$0

Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or an Apple AirPods 3rd Gen + S$50 Cash (worth S$313.80) or S$150 Cash via PayNow when you apply and spend a min. of S$500 from Card Account Opening Date to the end of the following calendar month. T&Cs apply.

Valid until 21 Apr 2024 - See more details below
Apply Now
Standard Chartered Smart Credit Card
MoneySmart Exclusive
Up to 6% Cashback
Cashback from Netflix, Spotify, fast food joints and more. *T&Cs apply.
6%*
Annual Fee
S$0
Minimum Spend
S$0

Get a Sony LinkBuds S Earbuds (worth S$309) or a Lenovo Tab M10 Gen 3 (worth S$299.01) or up to S$230 Cash via PayNow when you apply and meet the relevant spend criteria! T&Cs apply.

Valid until 21 Apr 2024 - See more details below
Apply Now
NTUC Link Credit Card by Trust
Online Promo
savings on groceries and food
Up to 21%
petrol savings (on Caltex and Esso)
Up to 20%
Annual Fee
S$0
Online Promo:
Get up to S$70 FairPrice E-Vouchers when you sign up with referral code <MONEYSMT>.  T&Cs apply. 
Valid until 30 Sep 2024 - See more details below
Apply Now
Standard Chartered Rewards+ Credit Card
MoneySmart Exclusive
Earn up to 10X Rewards Points
Annual fee waiver
1 year
Annual Fee
S$196.20
Annual Interest Rate
27.90%

Get a Sony LinkBuds S Earbuds (worth S$309) or a Lenovo Tab M10 Gen 3 (worth S$299.01) or up to S$230 Cash via PayNow when you apply and meet the relevant spend criteria! T&Cs apply.

Valid until 21 Apr 2024 - See more details below
Apply Now
Standard Chartered Journey Credit Card (No Annual Fee)
MoneySmart Exclusive
Annual Fee Waived
for all Eligible Local Spends
S$1 = 1.2 Miles
Annual Fee
S$196.20
Annual Fee Waiver Option
First Year
Earn up to 25,000 Miles when you meet the eligible spends AND have your first year Annual Fee waived when you sign up for the Journey Credit Card. T&Cs apply.

OR, earn up to 45,000 Miles when you meet the eligible spends and pay your card's first year Annual Fee when you sign up. Click here to apply.
Valid until 30 Jun 2024 - See more details below
Apply Now
CIMB Visa Signature
MoneySmart Exclusive
Up to 10% Cashback | FASTER GIFT REDEMPTION
Cash Back on Wine & Dine, Petrol & Transport, Travel
10%
Min. spend per month to qualify for the 10% Cash Back
S$800
Cash Back Cap per month
S$100

[FASTER GIFT REDEMPTION]
Get S$280 Cash via PayNow, in as fast as 2-3 months when you apply and spend a min of S$988. T&Cs apply.

Valid until 30 Apr 2024 - See more details below
Apply Now
HSBC Visa Platinum Credit Card
MoneySmart Exclusive
Earn up to 5% Cash Rebate | Instant Activation*
Annual fee waiver
2 years
Annual Principal Fee
S$196.20
Annual Interest Rate
26.90%

Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or an Apple AirPods 3rd Gen + S$50 Cash (worth S$313.80) or S$150 Cash via PayNow when you apply and spend a min. of S$500 from Card Account Opening Date to the end of the following calendar month. T&Cs apply.

Valid until 21 Apr 2024 - See more details below
Apply Now
American Express Singapore Airlines KrisFlyer Ascend Credit Card
MoneySmart Exclusive
Convenience & Perks for Frequent Flyers
Local Spend
S$1 = 1.2 miles
Overseas Spend
S$1 = 2 miles
Annual Fee for Supplementary Card
First Year waived
New American Express cardholder can get S$300 eCapitaVouchers AND up to 17,000 KrisFlyer miles (enough to redeem a Return Trip to Bali*) when you pay the card's annual fee and spend a min. of S$1,000 within the first month of card approval.

Existing cardholders can get up to 34,000 KrisFlyer Miles when you pay the card's annual fee and spend a min. of S$1,000 within the first month of card approval. T&Cs apply.
Valid until 30 Apr 2024 - See more details below
Apply Now
American Express Singapore Airlines KrisFlyer Credit Card
MoneySmart Exclusive
Convenience & Perks for Frequent Flyers
Local Spend
S$1 = 1.1 Miles
Annual Fee Waiver
First Year
Annual Principal Fee
S$179.85
New American Express cardholder can get up to 17,000 KrisFlyer miles (enough to redeem a Return Trip to Bali*) when you spend a min. of S$500 within the first month of card approval. T&Cs apply.
Valid until 30 Apr 2024 - See more details below
Apply Now
OCBC 365 Credit Card
High Spend on Dining
Annual Fee Waiver
2 years
Annual Fee
S$196.20
Annual Interest Rate
27.78%
Read More
DBS Altitude Visa Signature Card
Online Promo
Earn Miles That Never Expire
Annual Fee Wavier
1 Year
Annual Fee
S$196.20
Annual Interest Rate
27.80%
Online Promo:
Get up to 53,000 miles when you apply, pay the card's annual fee and charge a min. spend of S$3,000 within 60 days from card approval date. T&Cs apply
Valid until 19 May 2024 - See more details below
Apply Now
UOB Lady's Card
MoneySmart Exclusive
AMAZING APRIL PROMOTION
Annual Fee Waiver
1 year
Annual Fee
S$196.20
Annual Interest Rate
27.80%

[Amazing April Promotion | CASH BONUS]
Stand a chance to get an Sony PlayStation®5 (SLIM) Disc Edition (worth S$799) when you apply through MoneySmart! The first 6 successful applicants who submit the claim form at 2pm or 9pm can also receive a S$88 Cash Bonus via PayNow! T&Cs apply.
 
PLUS get S$350 Cash Credit from UOB when you are the first 200 new-to-UOB customers who successfully apply for an eligible UOB Credit Card and spend a min. of S$1,000 per month, for 2 consecutive months from the card approval date. T&Cs apply.

Valid until 21 Apr 2024 - See more details below
Apply Now
OCBC Rewards Credit Card
Earn up to 4 miles per S$1 spent
No Annual Fee
2 years
Annual Fee
S$196.20
Annual Interest Rate
27.78%
Read More
OCBC Great Eastern Cashflo Credit Card
Annual Fee Waiver
2 years
Annual Fee
S$162
Annual Interest Rate
27.78%
Read More
American Express True Cashback Card
MoneySmart Exclusive
Unlimited Cashback | UPSIZED OFFER
on up to $5,000 spend in the first 6 months for new Card Members.
3% Cashback
Annual Fee Waiver
First Year
Annual Fee
S$174.40

[UPSIZED OFFER]
Get S$200 Cash via PayNow when you apply and spend a min. of S$500 in Qualifying Spends within the first month of card approval! T&Cs apply.

Valid until 21 Apr 2024 - See more details below
Apply Now
Maybank Family & Friends Card
Earn up to 8% Cashback
globally on 5 preferred cashback categories PLUS all other Malaysian Ringgit spend
Up to 8% Cashback
Annual Principal Fee
S$180
Annual Fee Waiver
3 years
Apply Now
American Express The Platinum Card®
MoneySmart Exclusive
Earn Membership Rewards Points that never expire
for every S$1.60 spent
Earn 2 Membership Rewards® points
for every S$1.60 spent with 10Xcelerator by Membership Rewards®
Earn 20 Membership Rewards® points
Annual Fee
S$1,744
New American Express cardholders can receive a complimentary one-night stay at The Ritz Carlton, Millenia Singapore (worth S$590) on top of the welcome offer with annual fee payment.

New and Existing cardholder can get up to 135,000 Membership Rewards® points
(sufficient for a Return Trip to USA West Coast*) by paying the annual fee and spending a minimum of S$6,000 within the first 2 months of card approval. T&Cs apply.
Valid until 30 Apr 2024 - See more details below
Apply Now
American Express Platinum Credit Card
MoneySmart Exclusive
Earn Membership Rewards Points that never expire
for every full S$1.60 spend at participating Platinum 10Xcelerator Partners
10 Membership Rewards Points
for every full S$1.60 spend on All Other Spend
2 Membership Rewards Points
for first year for Supplementary Cards
Annual Fee waived
New to American Express cardholders can get S$400 eCapitaVouchers from AMEX when you pay the card's annual fee and spend a min. of S$1,000 within first month of card approval.

Existing cardholders can get up to 58,750 Membership Rewards® points from AMEX when you pay the card's annual fee and spend a min. of S$1,000 within first month of card approval.

Additionally, earn 1,250 Membership Rewards® points based on the S$1,000 spent above. T&Cs apply.
Valid until 30 Apr 2024 - See more details below
Apply Now

Disclaimer: At MoneySmart.sg, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.

Best no annual fee credit cards

Credit CardAnnual Fee WaiverBest For
DBS Altitude Visa Signature Card1 Year Fee WaiverBudget Travelling & Hotel Booking
POSB Everyday Card1 Year Fee WaiverCash Rebates on Dining & Transport
Citi Cash Back Card1 Year Fee Waiver + 2 Supplementary CardsCashback on Dining & Grocery
Standard Chartered Simply Cash Credit Card2 Year Fee WaiverUnlimited Cashback
OCBC 365 Credit Card2 Year Fee Waiver Spending on Everyday Dining
Citi Premiermiles Visa Card1 Year Fee Waiver + Fee Waiver for all Supplementary CardsOnline Hotel and Flight Bookings
UOB PRVI Miles Card1 Year Fee Waiver + Free First 2 Supplementary CardsLocal Spend

What is no annual fee credit card in Singapore?

No annual fee credit cards save you from paying hundreds of dollars on account fees, on a yearly basis. To entice credit card sign ups, banks usually offer annual fee waivers for at least 3 years. Only a handful of them have indefinite annual fee waiver. With a no annual fee credit card, you can still enjoy perks and rewards based on your card tier.

How to choose best no annual fee credit card?

Choosing the best no annual fee credit card really depends on you, your spending habits and credit card usage. If you want a credit card that’s practical with just enough perks and promotions, you can apply for a no annual fee credit card with no minimum spend. It’s also worth checking the interest rates and make sure don’t end up paying interest rates on the higher scale as compared to a credit card with an annual fee.

Benefits of no annual fee credit cards

Save more

With a no annual fee credit card, you can save up to $500 every year, depending on your chosen credit card.

Fuss-free

Get only what you need with minimised cost on your end. No annual fee credit cards are simple and straightforward.

No yearly surprises

Not everyone can keep track of when their annual fee is due. So, with a no annual fee credit card, you’ll be free from credit card bill shocks.

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Who should get no annual fee credit cards?

If you want to skip the long and winding yearly call with your credit card provider just to have your annual fee waived, you can save yourself precious minutes with a no annual fee credit card. Not all of us have time to spare waiting for a real human to pick up our call. This card is also perfect for those who want to save a couple of hundred bucks on unnecessary service fees that you’re unable to avail as part of your credit card benefits.

No annual fee credit card frequently asked questions

Do all credit cards have annual fees?

No, annual fee does not apply to all credit cards. In Singapore, some credit cards have an annual fee waiver for up to 3 years.

How to request bank for credit card annual fee waiver?

To request for annual fee waiver, you need to call your bank as soon as you see the charge on your credit card bill. Your credit card provider will then assess if you qualify for a waiver based on your payment history.

What’s the difference between credit cards with annual fees and without annual fee?

Usually, credit cards with annual fees offer better spending rewards and privileges than credit cards without annual fees. However, you’ll get to save more with just the right amount of card features and benefits when you apply for a credit card without annual fee.

What’s the best business credit card with no annual fee?

To find out the best business credit card without annual fee, check out our easy-to-use comparison tool that gives you an overview of the best no annual fee credit cards in Singapore. You’ll find credit cards with an annual fee waiver from top credit card providers in Singapore.