Best Credit Cards With No Annual Fee in Singapore (Miles & Cashback)
Tired of having to pay annual fees or call in just to get those pesky charges waived? While it’s not difficult to waive annual fees for many credit cards, here are a few options that do not charge an annual fee at all.
Get S$450 or 26,000 Max Miles upsized S$500 or 28,000 Max Miles with HSBC Cards! Limited time only, tap here to see eligible cards
Miles cards with no annual fee
| Card | Earn Rate | Monthly Cap | Why Get This Card |
|---|---|---|---|
 HSBC Revolution | 4 miles per dollar¹ | S$1,500 | 💸 No annual fee 💳 Get 4 miles per dollar on travel and contactless payments |
 HSBC Premier Mastercard | 1.68 miles per dollar¹ | Uncapped | 💸 S$708.50 annual fee waived for Premier-qualified customers (≥S$200,000 TRB) 🛋️ Unlimited lounge access |
 Chocolate Card | 1 Max Mile per dollar | S$1,000 (S$100 for certain transactions) | 💸 No annual fee 💳 This is a debit card with few exclusions 📲 HeyMax account required 💱 No forex fee 🍫 Earn rate increases with Multiplier Programme |
- HSBC Points convert sub-optimally to KrisFlyer miles but is useful for a variety of other airlines; see transfer calculator for details
Cashback cards with no annual fee
| Card | Earn Rate | Monthly Cap | Why Get This Card |
|---|---|---|---|
 SAFRA DBS | 3% cashback | S$50 cashback per month (S$1,666.67 spend) | 💸 Annual fee waived for active SAFRA membership 💵 Get 3% cashback on online/contactless payments with S$500 min. spend |
 CIMB Visa Infinite | 2% cashback on travel and overseas spend 1% on other retail transactions | Uncapped | 💸 No annual fee 🛋️ 3 free lounge visits a year |
 CIMB World Mastercard | 2% cashback on eligible spend 1% on other retail transactions | Uncapped | 💸 No annual fee |
 CIMB Visa Signature | 10% cashback | S$100 cashback | 💸 No annual fee 💵 Get up to 10% cashback |
 Mari Credit Card | 1.5% cashback | Uncapped (S$1,500 spend for forex transactions) | 💸 No annual fee 💱 No forex fee |
 Trust Cashback Card | 1% cashback | Uncapped | 💸 No annual fee 💱 No forex fee |
More best-of-class cards
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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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