Most credit cards come with annual fees in exchange for the benefits they offer.
But if you’re on a tight budget or would rather not have to waste time calling in for a waiver, there are more and more no-fee credit cards on the market.
Some offer no annual fees with no strings attached, making them great fuss-free options. Others require a certain minimum spend or membership for an automatic fee waiver.
Today, we’ve scoured the market for all the credit cards with no annual fees and compiled them in the list below:
23 Credit Cards with No Annual Fees
| Card | Conditions for Fee Waiver | Good For |
|---|---|---|
| CIMB Visa Signature | None | Cashback on groceries, online shopping, beauty spend |
| CIMB World Mastercard | None | Unlimited cashback on luxury goods |
| CIMB Visa Infinite | None | Unlimited cashback on travel and foreign spend |
| CIMB AWSM Card | None | Cashback for students with little to no income |
| Standard Chartered Smart Card | None | Rebates at a select few merchants with no min. spend |
| HSBC Revolution Card | None | Rewards on online shopping and contactless payments |
| Best Denki OCBC Credit Card | Spend S$5,000 in a statement year | Free delivery and cheaper warranties from Best Denki |
| DBS Woman’s / Woman’s World Card | Spend S$15,000 / S$25,000 in a statement year | Avid online shoppers |
| Maybank Platinum Visa Card | Charge to your card once every 3 months | Up to 3.33% cashback for low budgets (S$300/mo) |
| Maybank Manchester United Platinum Visa | Spend S$3,600 in a statement year | ManU fans – especially those who watch their games live |
| Maybank FC Barcelona Credit Card | Spend S$10,000 in a statement year | FC Barcelona fans or those who want 1.6% unlimited cashback |
| OCBC 365 Credit Card | Spend S$10,000 in a statement year | 3 – 6% cashback on everyday expenses like utilities, dining, and groceries |
| OCBC Arts Credit Card | Spend S$10,000 in a statement year | Regular patrons of SISTIC events |
| OCBC Frank Credit Card | Spend S$10,000 in a statement year | Cashback for eco-conscious online shoppers |
| OCBC Great Eastern Cashflo Credit Card | Spend S$5,000 in a statement year | Rebates for paying your GE insurance premium instalments |
| OCBC NXT Card | Spend S$10,000 in a statement year | Interest-free instalment plans for big purchases |
| OCBC Platinum Credit Card | Spend S$10,000 in a statement year | OCBC travel, health, and dining deals |
| OCBC Titanium Rewards Card | Spend S$10,000 in a statement year | Rewards at retailers like Zara, H&M, Zalora, Apple, TANGS |
| Privilege Horizon Visa Signature Card | Maybank Privilege clients (S$50,000 or more in deposits) | High miles earning rate for local spending |
| SAFRA DBS Card | SAFRA membership | 3% cashback for low budgets (minimum S$500) |
| Singtel UOB Card | Charge your Singtel bills to the card on a recurring basis | Heavy Singtel users (S$500/mo and above) |
| UOB EVOL Card | Make 3 purchases a month for 12 consecutive months | Up to 8% cashback on online and contactless payments |
Not all of these are great choices, however. Some lay forgotten, with no particularly appealing benefits.
We’ll get into each of these cards and what they’re good (or bad) for next.
1. CIMB Visa Signature
CIMB Visa Signature Card
At 10% cashback for groceries and online shopping, the CIMB Visa Signature is an enticing offer. You’ll find few other cards offering such a high rebate for those everyday expenses.
The catch? You’ll have to spend at least S$800 monthly to qualify for the 10% rebate, and the other categories include niche expenses like Pet Shops & Veterinary Services.
Unless you habitually spend on pampering yourself and your pet, it may be hard to meet the minimum spend while still remaining within the cashback caps. Still, the lack of an annual fee means it might be worth having the card around for those special occasions.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
Key Benefits:
- 10% cashback on local and overseas:
- Online shopping
- Groceries
- Beauty & Wellness
- Pet Shops & Veterinary Services
- Cruises
Conditions for Annual Fee Waiver: None! Waived for life.
2. CIMB World Mastercard
CIMB World Mastercard
As with any unlimited cashback card, the CIMB World Mastercard is best used after you’ve hit the cashback caps on your other cards. That way, you’ll maximise the 6 – 10% cashback you get on regular cashback cards, then get an extra bit of cashback on the occasional splurge.
Splurging, in this case, means luxury goods (bags, watches, etc.) and leisure spending (golf, wine & dine). The next highest rebate is 1.7% from the UOB Absolute Cashback Card, so 2% is a great rate if branded goods are your thing.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
Key Benefits:
- With minimum S$1,000 spend in a month, unlimited 2% cashback on:
- Wine & Dine and Online Food Delivery
- Movies & Digital Entertainment
- Taxis and Automobiles
- Luxury Goods
Conditions for Annual Fee Waiver: None! Waived for life.
3. CIMB Visa Infinite
CIMB Visa Infinite Card
Like the CIMB World Mastercard, this unlimited cashback card is best used in combination with regular cashback cards. But the minimum spend requirement is higher with the Visa Infinite – you’ll need at least S$2,000 in a month.
That said, the CIMB Visa Infinite feels subpar for a travel-oriented card. You’ll only get 3 complimentary lounge access passes – not even VIP lounge access – and between 5% to 25% discount on airport dining and limo transfers.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$120,000 annual income
Key Benefits:
- With minimum S$2,000 spend in a month, unlimited 2% cashback on:
- Travel
- Overseas spending
- Online spending in foreign currencies
Conditions for Annual Fee Waiver: None! Waived for life.
4. CIMB AWSM Card
CIMB AWSM Card
With no minimum income or spending requirement, the CIMB AWSM is a starter option suitable for tertiary students and above. (Read also: 8 Best Student Credit Cards to Earn Rewards in Singapore)
But given its low credit limit and lack of benefits, we’d recommend swapping to a better card once you’re eligible.
Eligibility Requirements:
- Students and NSFs between 18 and 29 years old
- Salaried Singaporean or PR below 35 years old: at least S$18,000 annual income
- Salaried Singaporean or PR above 35: at least S$30,000 annual income
Key Benefits:
- Unlimited 1% cashback on:
- Dining & Entertainment
- Online shopping
- All things telco
Conditions for Annual Fee Waiver: None! Waived for life.
5. Standard Chartered Smart Card
Standard Chartered Smart Card
6% cashback with no annual fees or minimum spend: now that’s an offer to turn heads.
That’s provided you actually transact with the merchants listed though.
If you take public transport, regularly eat breakfast at Ya Kun, get MacDonald’s once a week, or perhaps have a Netflix subscription, then you’ll benefit from this card.
You’ll get the cashback in reward points, so remember to redeem them every so often.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$60,000 annual income
Key Benefits:
- 6% cashback on:
- Burger King, KFC, MacDonald’s, Subway
- Fun Toast, Toast Box, Ya Kun Kaya Toast
- Disney+, Netflix, Spotify, YouTube
- Bus and MRT
- Interest-free instalment plans with no processing fees
Conditions for Annual Fee Waiver: None! Waived for life.
6. HSBC Revolution Card
HSBC Revolution Credit Card
With no minimum spend and 10X Reward Points on all online and contactless payments, this is a fuss-free yet versatile card.
Just note the bonus reward rate only applies to the first S$1,000 in spending, so we don’t recommend putting larger purchases on this card.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$40,000 annual income
Key Benefits:
- 10X Reward Points on online and contactless payments
- 1% extra cashback with HSBC Everyday Global Account
Conditions for Annual Fee Waiver: None! Waived for life.
7. Best Denki OCBC Card
Unsurprisingly, this card provides the most benefits when you shop at BEST Denki. Elsewhere, you’ll get just 1 OCBC$ per dollar.
And even if you don’t spend the S$5,000 a year to qualify for the fee waiver, the free delivery and disposal costs may just make the card worthwhile regardless.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$45,000 annual income
Key Benefits:
- 0% interest instalment plans
- 3% cash rebate at BEST Denki, including items purchased with 0% interest instalment plans
- Extra 2%/2.5% rebate if you spend above S$10,000/S$20,000 yearly at BEST Denki
- Members’ rate for purchase of Safety 5 Premium Warranties
- Free delivery for bulky items with minimum spend of S$200
- Free disposal for old items
Conditions for Annual Fee Waiver: Spend S$5,000 in a year.
8 & 9. DBS Woman’s / Woman’s World Card
DBS Woman’s & Woman’s World Card
Featured in our list of best credit cards for online shopping, the DBS Woman’s World Card gives you 10X DBS Points (equivalent to 4 MPD) for the first S$2,000 in online spending monthly. That’s potentially 96,000 miles in a year: more than enough for a round-trip ticket from Singapore to Los Angeles.
The downside? You’ll have to charge at least S$25,000 to the card in a year to get a fee waiver – which means at least S$1,000 of your spending will exceed the bonus rewards earning rate.
Eligibility Requirements:
- DBS Woman’s Card: Singaporean or Singapore PR above 21 years old with at least S$30,000 annual income; foreigner with at least S$45,000 annual income
- DBS Woman’s World Card: Singaporean or foreigners above 21 years old with at least S$80,000 annual income
Key Benefits:
- 5X DBS Points (10X with Woman’s World Card) on online purchases
- Complimentary e-Commerce protection on online buys
- 0% interest payment plans over 3 months
- 5% cashback on overseas shopping and dining
Conditions for Annual Fee Waiver: Spend S$15,000 in a year for the Woman’s Card and S$25,000 for the Woman’s World Card.
10. Maybank Platinum Visa Card
Maybank Platinum Visa Card
With just a S$300 monthly budget, you can typically expect 1% cashback at most. This card bucks the trend by offering up to 3.33% cashback for that same amount.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Malaysian above 21 with at least S$45,000 annual income, in employment for at least a year
- Foreigner above 21 with at least S$60,000 annual income, in employment for at least a year
Key Benefits:
- With minimum spend of S$300, 3.33% cashback on all local and foreign currency spend
Conditions for Annual Fee Waiver: Charge to the card once every three months.
11. Maybank Manchester United Platinum Visa
Discounts on tickets and merchandise, extra cashback when the team wins, and a chance to catch Manchester United live – this is a card that caters to diehard ManU fans indeed.
But since most of the benefits are contingent on ManU’s victory, it might be hard to justify getting the card unless you buy a lot of their merchandise.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Malaysian above 21 with at least S$45,000 annual income, in employment for at least a year
- Foreigner above 21 with at least S$60,000 annual income, in employment for at least a year
Key Benefits:
- 1% unlimited cashback with no minimum spend
- 3% rebate and 5X TREATS points every time ManU wins a Premier League match
- Chance to win a trip for two to watch ManU live
- 10% discount at the United Direct Online Megastore
- 10% discount on food and drinks at the Red Cafe at Old Trafford
- 20% discount on ManU Stadium and Museum Tour tickets
Conditions for Annual Fee Waiver: Spend $3,600 in a year.
Current promotion: Receive S$50 RWS voucher upon card approval. (Valid until 7 August 2023) + Receive 2x American Tourister Linex 66/24 Luggage TSA (worth S$336) or 1x Apple AirPods 3rd Gen with lighting charging case (worth S$261.40) or S$200 cash credit when you spend S$600 per month on your Maybank credit card or CreditAble account for 2 consecutive months (for the first 5,000 applicants who complete the criteria). (Valid until 7 August 2023) Click to apply.
12. Maybank FC Barcelona Credit Card
Football-centric credit cards are a double-edged sword. Some, like the Manchester United Platinum Visa, require your favourite team to win a match before you can maximise its benefits.
Luckily, the Maybank FC Barcelona Card has decent benefits even if Spain doesn’t win.
At 1.6% unlimited cashback, this card sits in the middle of the range (Read also: 7 Best Unlimited Cashback Cards for Singapore). But what makes it attractive is the automatic annual fee waiver and that you aren’t limited to just a few spending categories.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Malaysian above 21 with at least S$45,000 annual income, in employment for at least a year
- Foreigner above 21 with at least S$60,000 annual income, in employment for at least a year
Key Benefits:
- 1.6% unlimited cashback on all Singapore purchases with no minimum spend
- 2X TREATS points per dollar spent on foreign currency transactions
- Chance to win a trip for 2 to catch FC Barcelona live every season
- 5% discount at FCBotiga official store in Camp Nou
Conditions for Annual Fee Waiver: Spend $10,000 in a year.
Current promotion: Receive S$50 RWS voucher upon card approval. (Valid until 7 August 2023) + Receive 2x American Tourister Linex 66/24 Luggage TSA (worth S$336) or 1x Apple AirPods 3rd Gen with lighting charging case (worth S$261.40) or S$200 cash credit when you spend S$600 per month on your Maybank credit card or CreditAble account for 2 consecutive months (for the first 5,000 applicants who complete the criteria). (Valid until 7 August 2023) Click to apply.
13. OCBC 365 Credit Card
This isn’t a flashy card by any means. But with practical cashback categories like groceries, land transport, petrol, and utilities, this is a card that will serve a typical household well.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$45,000 annual income
Key Benefits:
- With minimum S$800 spend in a month:
- 6% cashback on online food delivery and local/overseas dining
- 3% cashback on groceries, local and overseas
- 3% cashback on local/overseas private hire and taxi rides
- 5% cashback on petrol
- 3% cashback on recurring telco and electricity bills
- 3% cashback on online air/cruise ticket, hotel, and tour bookings
Conditions for Annual Fee Waiver: Spend $10,000 in a year.
Current promotion: Get an Apple iPad 9th Gen 10.2 Wifi 64GB (worth S$503.65), or an Apple Bundle [AirPods Pro (Generation 2) + MagSafe Charger] (worth S$421.35) or Travel Bundle [Samsonite Volant Spinner 68/25 EXP + 2x Apple AirTag] (worth S$570) or S$320 Cash via PayNow + 3x chance to win your share of up to S$200,000 in prizes + a chance to win S$5,000 bonus cash each week when you spend at least S$500 on eligible purchases within 30 days of card approval. (Valid until 20 December 2023) Click to apply.
14. OCBC Arts Credit Card
This card used to have far more benefits, such as a 20% discount on tickets. With its current benefits though, you might be better off with a more general cashback or rewards credit card even if you do spend a fair chunk on SISTIC productions.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$45,000 annual income
Key Benefits:
- 15 OCBC$ per S$5 spent on SISTIC purchases
- Priority bookings to shows by Singapore Dance Theatre, Singapore Lyrics Opera, and T.H.E. Dance Company
Conditions for Annual Fee Waiver: Spend $10,000 in a year.
15. OCBC Frank Credit Card
OCBC Frank Credit Card
With its recent revamp, the OCBC Frank Credit Card is now on par with the DBS Live Fresh Card. You’ll get a cool 10% cashback if you transact with partnered eco-merchants such as SimplyGo, BlueSG, Little Farms, and Scoop Wholefoods.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$45,000 annual income
Key Benefits:
- With minimum S$800 spend in a month:
- 8% cashback for contactless payments + extra 2% if you transact with selected green merchants
- 8% cashback on online payments + extra 2% if you transact with selected green merchants
Conditions for Annual Fee Waiver: Spend $10,000 in a year.
16. OCBC Great Eastern Cashflo Credit Card
Buying insurance for the whole family can be a costly affair. This card helps break up the payments into manageable monthly bills.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$45,000 annual income
Key Benefits:
- Automatically splits your bills – including insurance premiums – into 3, or 6, or 12-month instalment plans with 0% interest
- 1.2% cashback with minimum monthly billed amount of S$1,000, not including GE Life and GE General Insurance Premiums
Conditions for Annual Fee Waiver: Spend $5,000 in a year.
17. OCBC NXT Card
Like the Great Eastern Cashflo Card, the NXT Card automatically breaks your purchases up into interest-free monthly instalments.
But given that the maximum cash rebate you’ll get with NXT is 1% – compared to the Great Eastern Cashflo’s 1.2% – we can’t see the appeal here. You’ll also need to spend a lot more on this card to qualify for the automatic fee waiver.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$45,000 annual income
Key Benefits:
- Automatically splits your bills into 3 or 6-month instalment plans with 0% interest
- 1% cashback with minimum monthly billed amount of S$1,000
Conditions for Annual Fee Waiver: Spend $10,000 in a year.
18. OCBC Platinum Credit Card
Subpar rewards and a high minimum annual spend: give this card a miss.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$45,000 annual income
Key Benefits:
- 5 OCBC$ for every S$5 spent
- Discounts and deals for travel, dining, health, wellness, and recreational activities
Conditions for Annual Fee Waiver: Spend $10,000 in a year.
19. OCBC Titanium Rewards Card
Featured as one of our top rewards credit cards in Singapore, the Titanium Rewards Card is a solid choice for retail therapy.
You’ll get 10X points when you spend on apparel, bags, shoes, accessories, and electronics. Purchases on platforms like Shopee, Lazada, and Amazon also count, making it easy to fit your spending onto one card (up to S$1,000 spending per month).
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$45,000 annual income
Key Benefits:
- 10X Rewards (or 4 MPD) on eligible online and retail spend at Apple, Shopee, H&M, and more
- Extra 2% cashback at BEST Denki
Conditions for Annual Fee Waiver: Spend $10,000 in a year.
Current promotion: Get an Apple AirPods Pro (2nd generation) (worth S$362.35) or a Hinomi H1 Classic V3 (with Headrest) Ergonomic Office Chair (worth S$459), or S$280 eCapitaVoucher or S$250 Cash via PayNow when you make a minimum spend of S$500 of qualifying spend within 30 days of your card approval. (Valid until 28 September 2023) Click to apply.
20. Privilege Horizon Visa Signature Card
This is essentially the upgraded version of Maybank’s Horizon Visa Signature Card. Available only to Maybank Privilege clients, this card grants you a cool 3.2 MPD on local spending.
Eligibility Requirements:
- By invite only for Maybank Privilege clients
Key Benefits:
- 3.2 MPD (8X TREATS points) for every dollar spent on dining, petrol, taxi fares, and hotel bookings on Agoda
- 2 MPD (5X TREATS points) for every dollar spent on air tickets, cruises, travel packages, and foreign currency transactions
- Two complimentary Grab airport taxi transfers
- Unlimited complimentary access to selected VIP airport lounges
Conditions for Annual Fee Waiver: Remain a Maybank Privilege client with deposits or investments of S$50,000 or more.
21. SAFRA DBS Card
Like the Maybank Platinum Visa Card, the SAFRA DBS Card offers decent cashback for low budgets. It’s also free if you’re a Singaporean male who’s served NS.
Eligibility Requirements:
- Existing SAFRA member
- Singaporean or PR above 21 years old with at least S$30,000 annual income
Key Benefits:
- With a minimum spend of S$500 in a month, up to 3% cash rebate on contactless and online transactions (including SimplyGo)
Conditions for Annual Fee Waiver: Remain a Maybank Privilege client with deposits or investments of S$50,000 or more.
22. Singtel UOB Card
If you and your whole family use Singtel, this is a card to consider.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$40,000 annual income
Key Benefits:
- Up to S$360 cashback per year on up to 8 Singtel accounts when you charge recurring Singtel bills to the card
- Get a free Singtel handset voucher worth up to S$300 when you spend S$24,000 locally in a year
- Free registration of mobile and broadband add-ons
- Free SIM card
- Free 12 months of MobileShare
- Admin fee waiver when you recontract your mobile plan
Conditions for Annual Fee Waiver: Charge your Singtel bill(s) to the card.
23. UOB EVOL Card
UOB Evol Credit Card
Like the HSBC Revolution and OCBC Frank Credit Card, this rewards you for contactless payments and online spending.
Eligibility Requirements:
- Singaporean or PR above 21 years old with at least S$30,000 annual income
- Foreigner above 21 with at least S$40,000 annual income
Key Benefits:
- With minimum S$600 spend in a month:
- 8% cashback on contactless payments
- 8% cashback on online spending
- 0.3% cashback on all other spend
Conditions for Annual Fee Waiver: Charge 3 purchases to the card every month for 12 consecutive months before your next annual fee date.