Best Air Miles Credit Cards with No Annual Fee 2024

If you're a moderate spender and frequent traveller, you can easily access a variety of luxury perks without paying an annual fee with DBS Altitude Visa Card. Cardholders earn 1.2 miles per S$1 spend locally, 2 miles overseas, and 3 miles for online travel bookings. While these rates are fairly standard, DBS Altitude Visa Card stands out by offering an assortment of travel perks that aren't provided by its competitors. These perks include 2 free lounge visits per year, dining privileges through Visa Foodie Trail, complimentary travel insurance and golfing discounts throughout SE Asia. Additionally, miles earned never expire.

Additionally, DBS Altitude Visa Card's already reasonable S$192.6 annual fee is waived the 1st year, and then subsequently with S$25,000 annual spend (about S$2,083/month). Its closest competitor charges the same fee, but does not offer a waiver at all. Ultimately, for those looking for luxury perks without the high cost, DBS Altitude Visa Card may be the best fit.

If you're primarily a local spender but still want to earn miles for your purchases, definitely consider Maybank Horizon Visa Signature Card. Unlike most other travel cards, consumers can earn at remarkably high rates for everyday transactions within Singapore. In fact, cardholders earn 3.2 miles per S$1 on local dining, petrol, taxis and Grab, and even hotel bookings with Agoda. Overseas spend still earns a competitive 2 miles per S$1 on air tickets, travel packages, and foreign currency transactions. Even better, the card comes with free travel insurance and complimentary lounge access with every S$1k transaction in the previous quarter.

In addition to these impressive rates and perks, cardholders are exempt from paying an annual fee for 3 full years. This is one of the longest automatic fee waiver periods offered by any card on the market. Even more, consumers can subsequently avoid paying the card's S$180.0 fee by spending just S$18,000/year, which comes to just S$1,500/month. Given the average Singaporean spends about S$2,000/month, Maybank Horizon Visa Signature is ultimately maintenance-free for most consumers. If you're looking to earn no-fee miles from your everyday local spend, Maybank Horizon Visa Card may just be the best option on the market.

UOB PRVI Miles American Express Card is an excellent option for above-average spenders who prioritise rapid miles and also want to avoid annual fees. Cardholders earn 1.4 miles per S$1 spend locally, 2.4 miles overseas, and up to 6 miles with major airlines and hotels. These rates are amongst the highest on the market and rival those offered by luxury cards–most of which have unwaivable annual fees of S$400+. UOB PRVI Amex Card, on the other hand, has an annual fee of just S$256.8, which is waived completely with S$50,000 annual spend (about S$4,167/month).

Those who meet this annual spend requirement also receive 20,000 bonus miles (worth approximately S$200), and all cardholders can enjoy up to 8 free limo transfers and complimentary travel insurance. Overall, UOB PRVI Miles Amex Card offers luxury-card rewards rates without the high annual cost.

If you're an online shopper that tends to make big purchases all at once, consider DBS Woman’s World Card. To begin with, cardholders earn 4 miles per S$1 spend on online shopping, up to 8,000 miles/month–which is double the cap size enforced by competitors. Additionally, consumers who make transactions above S$100 can take advantage of DBS's My Preferred Payment Plan, which splits payments into interest-free instalments across up to 12 months, with no processing fee.

It's important to mention that cardholders earn just 1.2 miles per S$1 overseas and 0.4 miles locally, which are below market standards. Nonetheless, consumers who also spend S$25,000/year are exempt from the S$192.6 fee, which makes it perfect for those with a substantial online shopping budget.

OCBC Titanium Rewards Card is the best choice for consumers with a moderate shopping budget who also want to avoid an annual fee. Cardholders earn 4 miles (10pts) per S$1 spend on fashion, electronics, and at department stores–online, offline, locally and overseas. Even more, transactions with popular merchants like Lazada, Amazon & more are also eligible for the 4 miles per S$1 rate. Given the vendor list, it's quite possible to earn this high rewards rate on everything from beauty products to kitchen appliances and more. Miles are capped at 4,000 miles per month, however, which may be limiting for higher spenders.

OCBC Titanium Rewards Card stands out from other shopper cards by waiving its S$192.6 annual fee for 2 years and subsequently, for those who spend at least S$10,000/year. At less than S$1,000 per month, this is one of the lowest waiver requirements available–less than half that required by similar shopper cards. As a result, OCBC Titanium Rewards Card is ideal for retail spenders with a shopping budget of about S$1,000/month.

Modern, social spenders who frequently shop online can easily benefit from HSBC Revolution Card. Cardholders not only earn 2 miles per S$1 spend on local dining and entertainment, they also earn this same rate for all online spend–including transit, insurance, and bill payments. Few other cards on the market extend online rewards to such transactions, making HSBC Revolution Card great for both casual and practical spenders. Even better, the S$160.5 annual fee is waived with just S$12,500 annual spend (about S$1,042/month). Overall, HSBC Revolution Card is an optimal, maintenance-free option for the average consumer seeking miles for both social and online spend.

Maybank World MasterCard is the absolute best choice for affluent golfers seeking privileges at global fairways and miles for luxury spend. Cardholders enjoy 2 free green fees per month at 120 fairways across 25 countries–that's nearly triple the number of courses provided by Maybank World's closest competitor. Additional perks include free travel insurance and complimentary lounge access with every S$1,000 retail transaction.

In terms of rewards rates, cardholders earn 4 miles per S$1 spend at select high-end restaurants and luxury retailers, plus 0.4 miles on general spend. Those who spend S$24,000 annually are exempt from the S$240.0 fee, which is already waived 1 year. As supplementary card spend counts towards this total, it's fairly easy for a couple to earn the waiver. Overall, Maybank World MasterCard is the best card available for frequent golfers seeking no-fee miles rewards.

HSBC Visa Platinum Card stands out by offering cashback for practical local spend and miles for all other transactions. Cardholders earn 5% rebate on local petrol, dining and groceries after S$600 minimum spend. Cashback earnings are capped at S$250 per quarter, which comes to about S$83 per month–quite reasonable compared to similar alternatives. All other spend earns 0.4 miles per S$1. While this rate may seem low, there's no minimum spend requirement or earnings cap. Finally, those who spend S$12,500 per year are exempt from the S$192.6 annual fee. Overall, HSBC Visa Platinum Card is a great option for local, practical spenders who may be interested in earning miles as well.

Local high-spenders seeking to avoid caps on rewards should definitely consider Maybank FC Barcelona Visa Signature Card. Cardholders earn an unlimited 1.6% rebate on all local spend, which is one of the highest available amongst its competitors. Overseas spend earns 0.8 miles per S$1, which may not be particularly competitive, but may still be of interest to those seeking hybrid rewards. Finally, the already low S$120 fee is waived with just S$10,000 annual spend–one of the lowest requirements for a waiver on the market. As one of the only unlimited cashback cards with a fee waiver and the only offering miles rewards as well, Maybank FC Barcelona Visa Signature Card is the best, maintenance-free option for affluent individuals with large local budgets.