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Best No-Annual-Fee Credit Cards in Singapore (2026)

Last updated & verified: 18 June 2026

No-annual-fee credit cards let you earn cashback, miles, or rewards without paying a yearly fee. In Singapore, several strong options exist from traditional banks and newer fintechs. This guide compares the best no-fee cards available right now and explains how to pick the right one for your spending pattern.

Best no annual fee credit cards in Singapore 2026

TL;DR

The strongest no-fee cards in Singapore for 2026 are the HSBC Revolution (4 miles per dollar on online, dining, and entertainment), MariBank Credit Card (1.5% unlimited cashback with 0% FX fees), and SC Simply Cash (1.5% uncapped cashback). For overseas spending, Trust Bank and Chocolate Finance charge 0% FX markup.

Top Picks for 2026

These three cards stand out as the best all-round no-fee options in Singapore right now. For a broader comparison including fee-charging cards, see MoneySmart's no-fee card comparison.

BEST FOR MILES

HSBC Revolution Card

The HSBC Revolution has had a permanent zero annual fee since launch. It earns 4 miles per dollar on online shopping, dining, entertainment, and mobile contactless payments. Points can be converted to miles or cashback. No minimum spend required. Details on the HSBC Revolution page.

BEST FLAT RATE

MariBank Credit Card

MariBank (by GrabFinancial Group) offers 1.5% unlimited cashback on local spend and 1.5% on the first $1,500 of overseas spend per month, with zero FX fees. No annual fee, no minimum spend, and no minimum income requirement. Note: the 1.5% rate is valid through 31 December 2026 and may be revised after that. Check the MariBank website for current terms.

UNCAPPED

Standard Chartered Simply Cash

The SC Simply Cash offers 1.5% cashback on all foreign currency spend and 1.5% on local spend with no cap and no minimum spend. Permanent no annual fee. Cashback is automatic with no opt-in required. Details on the SC Simply Cash page.

Best Cashback No-Fee Cards

These cards earn cashback on specific categories or as a flat rate. For more cashback cards (including those with annual fees), see our cashback credit cards guide or compare credit cards on SingSaver.

CIMB Visa Signature

No annual fee for life. Up to 10% cashback on selected online and contactless spend categories. Minimum spend of $600/month to qualify for the bonus rate, with a $20/month cashback cap. Best suited for online shoppers who want category-based cashback. See the CIMB Visa Signature page.

BOC F1 Card

No annual fee. Up to 6.8% cashback on dining, groceries, and Grab. Requires $600/month minimum spend with an $80/month cashback cap. Automatic cashback with no opt-in. The highest cap among category-based no-fee cards. Details on the BOC F1 page.

UOB Absolute Cashback

No annual fee. Flat 1.7% cashback on all spend with no category restrictions and no cashback cap. Requires $600/month minimum spend. Cashback is credited automatically. Simple and transparent. See the UOB Absolute Cashback page.

Best Miles No-Fee Cards

HSBC Revolution (Miles Mode)

As noted above, the HSBC Revolution earns 4 miles per dollar on online, dining, and entertainment spend. For other transactions, the earn rate is 0.4 miles per dollar. Points can be converted to KrisFlyer miles or Asia Miles. This is the best no-fee option for miles collectors who spend heavily in bonus categories. For dedicated miles cards (with annual fees), see our miles credit cards guide.

Maybank Family & Friends Card

No annual fee. Up to 8% cashback on 2 selected favourite categories that you choose each quarter. Requires $800/month minimum spend with a $25/month cashback cap. Free supplementary cards for family members. While primarily a cashback card, the customisable categories make it versatile.

Fintech & Digital Cards

Newer fintech cards from non-traditional banks offer competitive rates, zero FX fees, and lower barriers to entry.

ZERO FX

Trust Bank Card

Trust Bank (by Standard Chartered and NTUC FairPrice) charges 0% FX fees on overseas spending. Up to 1.5% cashback with no cap and no minimum spend. No minimum income requirement and instant digital card issuance via the app. Particularly useful for NTUC FairPrice and Link Rewards users.

Chocolate Finance Card

Up to 3% cashback when paired with a Chocolate account. Zero FX markup on overseas transactions. No minimum income requirement. Cashback cap of $30/month. Best for users who already bank with Chocolate Finance and want a no-frills spending card.

Tips to Maximise No-Fee Cards

Pair Cards by Category

Use a dining-focused card for restaurants and a flat-rate card for everything else. Two free cards can outperform one premium card for typical spending patterns.

Meet Minimum Spend Without Overspending

Route recurring bills (utilities, subscriptions, insurance) to the card that requires minimum spend so you hit the threshold naturally without buying extras.

Watch the Cashback Cap

Once you hit a card's monthly cap, switch to your next-best card. Tracking caps prevents you from earning the base rate when you could be earning the bonus rate on another card.

Use Zero-FX Cards for Overseas Spending

For overseas or foreign-currency online purchases, use a zero-FX card like Trust Bank or Chocolate Finance. A standard 3% to 3.5% FX markup on other cards can wipe out any cashback earned.

Always Pay in Full

Interest on revolving balances in Singapore is typically 25% or more per annum. This dwarfs any cashback earned. Set up auto-pay for the full statement balance to avoid interest charges entirely.

Frequently Asked Questions

Are no-fee cards worse than premium cards?

Not necessarily. Many no-fee cards offer competitive cashback rates that outperform fee-charging cards for typical spending patterns. Premium cards mainly add lounge access, concierge, and higher insurance coverage — perks that only make sense if you travel frequently.

Will having multiple credit cards hurt my credit score?

Having multiple cards does not directly hurt your score. The Credit Bureau of Singapore tracks payment history and outstanding debt. Missed payments or high utilisation across cards will hurt your score. Keep total utilisation under 30% of your combined credit limit.

What is the minimum income to apply?

Most bank-issued credit cards require a minimum annual income of $30,000 for Singaporeans and PRs, or $45,000 for foreigners. Digital cards from fintechs like Trust Bank, Chocolate Finance, and MariBank may have lower or no income requirements.

Can I get cashback and miles on the same card?

Some cards like the HSBC Revolution let you choose between cashback and miles redemption. However, each card is usually optimised for one reward type. Using separate cards for cashback and miles earning is generally more effective.

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