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 17 Credit Cards for you!
Standard Chartered logo
MoneySmart Exclusive
With 3-month Disney+ Subscription
Annual fee waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
25.90%

Bring home an Apple TV 4K 32GB (worth $269) or $270 Cash via PayNow, both with 3-month Disney+ subscription only with Standard Chartered Credit Cards.

Valid until 30 Sep 2021 - See more details below
Promotion ends in
Apply Now
American Express logo
Online Promo
Convenience & Perks for Frequent Flyers
Annual Fee Wavier
1 Year
Annual Fee
S$176.50
Annual Interest Rate
25.90%
Online Promo:
Receive 5,000 bonus miles and S$200 statement credits when you spend S$3,000 within first 3 months of Card approval
Valid until 30 Sep 2021 - See more details below
Apply Now
HSBC logo
Cashback for Family Spending
Annual fee waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
25.90%
Apply Now
Standard Chartered logo
MoneySmart Exclusive
With 3-month Disney+ Subscription
Annual fee waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
25.90%

Bring home an Apple TV 4K 32GB (worth $269) or $270 Cash via PayNow, both with 3-month Disney+ subscription only with Standard Chartered Credit Cards.

Valid until 30 Sep 2021 - See more details below
Promotion ends in
Apply Now
American Express logo
Online Promo
Convenience & Perks for Frequent Flyers
Online Promo:
Receive 1 Night Stay in Luxury Room at Sofitel Sentosa Hotel (Room only, no breakfast) and 10,000 bonus miles when you spend S$5,000 within first 3 months of Card approval and make annual fee payment
Valid until 30 Sep 2021 - See more details below
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 Bosch Food Processor MultiTalent 3 800 W (Worth $269) or $130 Cash via PayNow when you apply and spend on your card!

Valid until 30 Sep 2021 - See more details below
Promotion ends in
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OCBC logo
High Spend on Dining
Annual Fee Waiver
2 years
Annual Fee
S$192.60
Annual Interest Rate
26.88%
Read More
UOB logo
Online Promo
Annual Fee Waiver
1 year
Annual Fee
S$192.60
Annual Interest Rate
25.90%
Online Promo:
Receive S$300 Cash Credit for NTB Customers and S$150 Cash Credit for NTC Customers for 1st 100 Customers to make a min spend of $1.5K for each NTB and NTC within 30 days of card approval. T&Cs Apply
Valid until 30 Sep 2021 - See more details below
Apply Now
Maybank logo
Online Promo
Annual fee waiver
3 years
Annual Fee
S$180
Annual Interest Rate
25.90%
Online Promo:
Receive a Garmin vivomove Style worth S$469 (Valid for the first 2,000 applicants only).  Subsequent Qualifying Applicants will be rewarded with S$100 cash credit to be credited to their activated Eligible Card accounts. Valid till 31st of Oct. TNCs Apply.
Valid until 31 Oct 2021 - See more details below
Apply Now
DBS logo
Earn Miles That Never Expire
Annual Fee Wavier
1 Year
Annual Fee
S$192.60
Annual Interest Rate
25.90%
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%
Read More
OCBC logo
No Annual Fee
2 years
Annual Fee
S$192.60
Annual Interest Rate
26.88%
Read More
OCBC logo
Annual Fee Waiver
2 years
Annual Fee
S$160.50
Annual Interest Rate
26.88%
Read More
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

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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.

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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.