Best No Annual Fee Credit Cards in Singapore 2021

Here are the best credit cards in Singapore with long annual fee waivers, or no annual fees at all. Read More
We found 18 Credit Cards for you!
Standard Chartered logo
MoneySmart Exclusive
Unlimited Cashback
Annual fee waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
25.90%

Apply and spend $200 to get $250 cash via PayNow or $50 cash via PayNow + Apple AirPods (bundle worth S$289) delivered to your doorstep for FREE!

Valid until 30 Jun 2021 - See more details below
Apply Now
American Express logo
MoneySmart Exclusive
Convenience & Perks for Frequent Flyers
Annual Fee Wavier
1 Year
Annual Fee
S$176.50
Annual Interest Rate
25.90%

Get an Apple AirPods 2nd Gen + AirTag (worth S$284) or $180 cash via PayNow when you apply and spend on your card!

Valid until 30 Jun 2021 - See more details below
Apply Now
HSBC logo
Online Promo
Cashback for Family Spending
Annual fee waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
25.90%
Online Promo:
Get up to $200 cashback for new HSBC cardmembers. Existing HSBC cardmembers receive $60 cashback. Valid till 30 June 2021. T&Cs apply.
Valid until 30 Jun 2021 - See more details below
Apply Now
Standard Chartered logo
MoneySmart Exclusive
Earn Points on Dining & Travel
Annual fee waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
25.90%

Apply and spend $200 to get $250 cash via PayNow or $50 cash via PayNow + Apple AirPods (bundle worth S$289) delivered to your doorstep for FREE!

Valid until 30 Jun 2021 - See more details below
Apply Now
American Express logo
Convenience & Perks for Frequent Flyers
Apply Now
CIMB logo
MoneySmart Exclusive
Cash Back on Wine & Dine, Petrol & Transport, Travel
10%
Min. spend per month
S$800
Cash Back Cap
S$100

Get a pair of Sony WF-1000XM3 Wireless Earbuds (Worth $349) or $130 Cash via PayNow when you apply and spend on your card!

Valid until 30 Jun 2021 - See more details below
Apply Now
OCBC logo
Online Promo
High Spend on Dining
Annual Fee Waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
26.88%
Online Promo:
Get up to S$250 cashback when you spend $1,000 per month for the first 2 consecutive months. Applicable to new-to-bank cardholders only.
Valid until 30 Jun 2021 - See more details below
Apply Now
UOB logo
Annual Fee Waiver
1 year
Annual Fee
S$192.60
Annual Interest Rate
25.90%
Apply Now
Maybank logo
Online Promo
Annual fee waiver
3 years
Annual Fee
S$180
Annual Interest Rate
25.90%
Online Promo:
Get S$100 Cash Credit with Maybank Credit Cards and CreditAble!
Valid until 30 Jun 2021 - See more details below
Apply Now
DBS logo
Online Promo
Earn Miles That Never Expire
Annual Fee Wavier
1 Year
Annual Fee
S$192.60
Annual Interest Rate
25.90%
Online Promo:
Get S$300 Cashback from DBS with 1 eligible transaction when you apply online for a participating Credit Card with the promo code “MEGAFLASH”.
Valid until 28 Jun 2021 - See more details below
Apply Now
Standard Chartered logo
Card + Current Account Bundle
Annual fee waiver
3 years
Annual Fee
S$192.60
Annual Interest Rate
25.90%
Apply Now
OCBC logo
No Annual Fee
2 years
Annual Fee
S$192.60
Annual Interest Rate
26.88%
Apply Now
OCBC logo
No Annual Fee
2 years
Annual Fee
S$192.60
Annual Interest Rate
26.88%
Apply Now
OCBC logo
Annual Fee Waiver
2 years
Annual Fee
S$160.50
Annual Interest Rate
26.88%
Apply Now
ICBC logo
Annual Fee Wavier
3 Years
Annual Fee
S$150
Annual Interest Rate
24%
Read More
ICBC logo
Annual Fee Wavier
3 Years
Annual Fee
S$150
Annual Interest Rate
24%
Read More
Citibank logo
Shipping Rebates on Lazada
Annual Fee Waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
26.90%
Apply Now
Standard Chartered logo
Online Promo
100% Cashback on Processing Fee
Annual fee waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
25.90%
Online Promo:
Enjoy up to $15,000 at 0% interest for 6 months when you apply for a Standard Chartered Unlimited Cashback Credit Card. T&Cs apply.
Valid until 31 Jul 2021 - 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 Unlimited Cashback 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.

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.