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 30 Credit Cards for you!
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Standard Chartered Simply Cash Credit Card
MoneySmart Exclusive
2% UPSIZED CASHBACK | EXCLUSIVE TO MONEYSMART ONLY
Annual Fee waiver with no minimum spend
1 year
Annual Principal Fee
S$196.20
Annual Interest Rate
27.90%

[UPSIZED 2% CASHBACK EXCLUSIVE TO MONEYSMART ONLY]
Get S$370 Cash via PayNow or earn 5,040 SmartPoints when you apply and spend a min. of S$500 in eligible transactions within 30 days from card approval date! T&Cs applyUse SmartPoints to redeem your favourite product from our Rewards Store today.
 
For a limited time, earn UPSIZED UNLIMITED 2% CASHBACK on your purchases charged to your credit card when you spend above S$500! Only for MoneySmart applicants! 

Valid until 15 Oct 2024 - See more details below
Apply Now
UOB Lady's Card
Up to 10 Miles per S$1 spent
Annual Fee Waiver
1 year
Annual Fee
S$196.20
Annual Interest Rate
27.80%
Apply Now
Standard Chartered Smart Credit Card
MoneySmart Exclusive
Earn 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 S$200 Cash via PayNow or 2,990 SmartPoints when you apply and spend a min. of S$500 in eligible transactions within 30 days from card approval date. T&Cs apply
 
Use 2,990 SmartPoints to redeem your favourite product from our Rewards Store today. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints e.g. get an Apple iPad Wi‑Fi 64GB (9th Generation) at only S$210 on top of your earned SmartPoints.

Valid until 15 Oct 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

Get S$150 Cash via PayNow when you apply through MoneySmart and spend a min. of S$500 in eligible transactions within 30 days from card approval date! T&Cs apply.
 
PLUS earn up to 25,000 Miles when you sign up for the Journey Credit Card, meet the eligible spends and waive your card's first year Annual Fee. T&Cs apply.

Valid until 15 Oct 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 S$200 Cash via PayNow or 2,990 SmartPoints when you apply and spend a min. of S$500 in eligible transactions within 30 days from card approval date. T&Cs apply
 
Use 2,990 SmartPoints to redeem your favourite product from our Rewards Store today. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints e.g. get an Apple iPad Wi‑Fi 64GB (9th Generation) at only S$210 on top of your earned SmartPoints.

Valid until 15 Oct 2024 - See more details below
Apply Now
NTUC Link Credit Card by Trust
savings on groceries and food
Up to 21%
petrol savings (on Caltex and Esso)
Up to 20%
Annual Fee
S$0
Read More
American Express Singapore Airlines KrisFlyer Ascend Credit Card
Online Promo
Accelerated Upgrade to KrisFlyer Elite Gold Member
on eligible Singapore Airlines, Scoot flight bookings & KrisShop purchases
S$1 = 2 KrisFlyer miles
on eligible Grab Singapore transactions
S$1 = Up to 2 KrisFlyer miles
on all other eligible purchases
S$1 = 1.2 KrisFlyer miles
Online Promo:

New to American Express Card Members can receive up to 38,000 KrisFlyer miles – enough to redeem a return trip to Taipei* on Singapore Airlines.

Existing American Express Card Members can receive up to 28,000 KrisFlyer miles. T&Cs apply.
Valid until 31 Oct 2024 - See more details below
Apply Now
American Express Singapore Airlines KrisFlyer Credit Card
Online Promo
Most convenient way to earn KrisFlyer miles
on eligible Singapore Airlines, Scoot flight bookings & KrisShop purchases
S$1 = 2 KrisFlyer miles
Annual Fee Waiver
First Year
Annual Principal Fee
S$179.85
Online Promo:
New to American Express Card Members can receive up to 17,000 KrisFlyer miles – enough to redeem a return trip to Bali* on Singapore Airlines. T&Cs apply.
Valid until 31 Oct 2024 - See more details below
Apply Now
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 30,000 miles when you apply, pay the card's annual fee and charge a min. spend of S$800 within 60 days from card approval date. T&Cs apply
Valid until 31 Jan 2025 - See more details below
Apply Now
CIMB World Mastercard
Online Promo
Unlimited 2% Cashback
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%
Online Promo:
Get up to S$188 Cashback when you spend a minimum of S$988 in Eligible Transactions within 60 days from card approval date. T&Cs apply.
Valid until 31 Jan 2025 - See more details below
Apply Now
CIMB Visa Signature
Online Promo
Up to 10% Cashback
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
Online Promo:
Get up to S$188 Cashback when you spend a minimum of S$988 in Eligible Transactions within 60 days from card approval date. T&Cs apply.
Valid until 31 Jan 2025 - 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
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$163.50
Annual Interest Rate
27.78%
Read More
American Express True Cashback Card
Unlimited Cashback
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
Apply Now
Maybank Family & Friends Card
MoneySmart Exclusive
Earn up to 8% Cashback
globally on 5 preferred cashback categories and on MYR & IDR spend
Up to 8% Cashback
Annual Principal Fee
S$180
Annual Fee Waiver
3 years

[EXCLUSIVE ADDITIONAL GIFTS FOR MONEYSMART APPLICANTS]
Get S$30 Changi Rewards Flexi e-Voucher +S$20 iShopChangi voucher (worth S$50) when are the first 500 approved applicants to apply & spend a min. of S$1,300 within 2 months from card approval date!
 
The rest will receive a S$20 iShopChangi voucher! T&Cs apply.
 
PLUS get S$200 Cashback or a Samsonite ENOW SPINNER 69/25 Luggage (worth S$570) from Maybank when you meet the spend criteria! T&Cs apply.

Valid until 15 Nov 2024 - See more details below
Apply Now
American Express The Platinum Card®
MoneySmart Exclusive
Membership Benefits worth more than S$8,000!
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
Receive S$800 Statement Credits and a Samsonite Choca Spinner 68/25 (worth S$700) with annual fee payment and min. spending of S$8,000 within first 6 months of Card approval + earn 10,000 Membership Rewards® points with the S$8,000 spent. T&Cs apply.
Valid until 31 Oct 2024 - See more details below
Apply Now
American Express Platinum Credit Card
Online Promo
Membership Benefits worth more than S$1,600!
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
Online Promo:
[American Express Welcome Offer]
New to American Express cardholders
can get S$300 Statement Credits 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 S$200 Statement Credits 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 31 Oct 2024 - See more details below
Apply Now
UOB One Card
Online Promo
UPSIZED CASHBACK | Up to 20% Cashback!
Annual Fee Waiver
First Year
Annual Fee
S$196.20
Annual Interest Rate
27.80%
Online Promo:

New-to-UOB credit card customers can receive an AirPods Pro and AirTag (2 units) worth S$439 when you spend a min. of S$1,000 on the card in the first 30 days from the card’s approval date and pay the annual fee for the card’s 1st year membership. SMS registration to participate in this promotion required. T&Cs apply.

OR get S$350 Cash Credit when you are the first 200 new-to-UOB customers to apply and spend a min. of S$1,000 per month for 2 consecutive months from their card approval date. SMS registration required. 

• Enjoy up to 20% Cashback at DFI Retail Group, Grab, McDonald's, Shopee and SimplyGo when you apply from 1 Sept to 31 Dec 2024. Other T&Cs apply.
• Get S$50 worth of GrabRide vouchers when you are the first 2,000 customers to charge a min. of S$1,500 worth of insurance/ school transactions on your card. T&Cs apply.
Valid until 31 Oct 2024 - See more details below
Apply Now
KrisFlyer UOB Credit Card
Online Promo
Earn up to 3 Miles per S$1 spend
Annual Fee Waiver
First Year
Annual Fee
196.20
Annual Interest Rate
27.80%
Online Promo:
Get up to 31,000 Miles plus first year annual fee of S$196.20 (inc GST) waived when you successfully apply for a UOB personal KrisFlyer UOB Credit Card and spend a min. of S$2,000 within 60 days from card approval date on their new KrisFlyer UOB Credit Card. Limited to the first 100 eligible participants. T&Cs apply.
Valid until 31 Oct 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.