Best No Annual Fee Credit Cards in Singapore 2021

Credit cards with no annual fee, or those offering an easy fee waiver, provide a low-maintenance option that allows consumers to enjoy rewards and perks with little risk. Not all no-fee cards are created equal, however. Our credit card experts have reviewed every no fee credit card in Singapore to identify those with the most competitive rates, ensuring you'll maximise rewards as well as save money.

Best No Fee Miles Cards
Best No Fee Cashback Cards
  • OCBC 365: 6% rebate on dining, 3% rebate on utilities and travel, Visa Concierge Services
Best No Fee Cards for Lower Spenders
  • OCBC Frank: Up to 6% rebate for FX, online, and mobile purchases, low S$600 min. spend requirement
  • Maybank Platinum Visa: Up to 8% rebate on weekend dining, entertainment, Grab & more
Best No Fee Cards for High Spenders
  • CIMB Visa Infinite: Unlimited 2% cashback on travel, overseas and online spend in foreign currencies
Best No Fee Cards for Online & Shopping
Best No Fee Cards for Golf & Leisure
  • Maybank World: Free green fees at 120 fairways across 25 countries
  • CIMB World MC: Unlimited 2% cashback on wine and dine, entertainment and 50% off green fees
  • HSBC Visa Platinum: 5% rebate on food & petrol, miles for general
  • CIMB Platinum MC: 10% rebate on wine and dine, transport, petrol, health and travel, capped at S$100/month
  • CIMB Visa Signature: 10% cashback on online shopping, groceries, beauty and wellness, pet shops and cruises

When choosing your perfect credit card, it's important to consider several factors like how well its rewards fit your spending lifestyle and whether you can meet its minimum spend requirements. One of the most significant factors is the annual fee, because they can sometimes outweigh your annual earnings in terms of rewards. The no-fee credit cards reviewed below either never charge an annual fee or offer achievable waivers (such as waiving a fee for S$10k annual spend). These cards therefore require far less maintenance, and will allow you to earn easily on your daily spend.

A graph displaying how best no annual fee credit cards compare to one another in terms of their rewards
Best No Annual Fee Credit Cards in Singapore by Estimated 2-Year Dollar Value

When choosing your perfect credit card, it's important to consider several factors like how well its rewards fit your spending lifestyle and whether you can meet its minimum spend requirements. One of the most significant factors is the annual fee, because they can sometimes outweigh your annual earnings in terms of rewards. The no-fee credit cards reviewed below either never charge an annual fee or offer achievable waivers (such as waiving a fee for S$10k annual spend). These cards therefore require far less maintenance, and will allow you to earn easily on your daily spend.

A graph displaying how best no annual fee credit cards compare to one another in terms of their rewards
Best No Annual Fee Credit Cards in Singapore by Estimated 2-Year Dollar Value
Best No Fee Miles Cards
Best No Fee Cashback Cards
  • OCBC 365: 6% rebate on dining, 3% rebate on utilities and travel, Visa Concierge Services
Best No Fee Cards for Lower Spenders
  • OCBC Frank: Up to 6% rebate for FX, online, and mobile purchases, low S$600 min. spend requirement
  • Maybank Platinum Visa: Up to 8% rebate on weekend dining, entertainment, Grab & more
Best No Fee Cards for High Spenders
  • CIMB Visa Infinite: Unlimited 2% cashback on travel, overseas and online spend in foreign currencies
Best No Fee Cards for Online & Shopping
Best No Fee Cards for Golf & Leisure
  • Maybank World: Free green fees at 120 fairways across 25 countries
  • CIMB World MC: Unlimited 2% cashback on wine and dine, entertainment and 50% off green fees
  • HSBC Visa Platinum: 5% rebate on food & petrol, miles for general
  • CIMB Platinum MC: 10% rebate on wine and dine, transport, petrol, health and travel, capped at S$100/month
  • CIMB Visa Signature: 10% cashback on online shopping, groceries, beauty and wellness, pet shops and cruises

Best No Fee Credit Cards for Air Miles

While many travel cards are expensive, the following offer affordable perks as well as great rewards rates.

DBS Altitude Visa: Best Miles Card with Affordable Perks

  • Free lounge access & golf privileges, waivable fee
  • Promotions: Use code DBSFLASH to get S$250 cashback when you apply and make 1 qualifying spend within 30 days of card approval (until Apr.29, 2021)
  • Use code DBSALT and enjoy first-year annual fee waiver and 10,000 miles as a sign-up bonus (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$192.60 (first year- waived)
  • Alternative: pay the annual fee and receive 10,000 bonus miles or charge min S$25,000/year and receive annual fee waiver + 10,000 bonus miles
  • 1.2 miles per S$1 locally, 2 miles overseas, 3 miles for online travel bookings and hotel reservations
  • Miles earned never expire
  • Free travel insurance, 2x lounge visits, golfing & dining privileges
  • DBS My Preferred Payment Plan (0% interest instalments)
DBS Altitude Visa Card stands out by offering more travel perks than any other miles card with a fee-waiver. Cardholders earn respectable rewards rates at 1.2 miles per S$1 local spend, 2 miles overseas, 3 miles on online travel bookings, and miles earned never expire. However, unlike other comparable cards, DBS Altitude Card offers free travel insurance, 2 lounge visits/year, golfing privileges throughout SE Asia, dining privileges with Visa Foodie Trail & more. In fact, these perks are more extensive than some travel cards with S$250+ fees.


To receive a fee-waiver, cardholders need to spend S$25,000 annually, so DBS Altitude Card is best for average spenders (especially those who frequently travel). If you want to avoid the high fees of pricier travel cards, but still want to enjoy luxury perks, DBS Altitude Card is perfect for you.

  • Stand-Out: Free lounge access & golf privileges, waivable fee
  • Promotions: Use code DBSFLASH to get S$250 cashback when you apply and make 1 qualifying spend within 30 days of card approval (until Apr.29, 2021)
  • Use code DBSALT and enjoy first-year annual fee waiver and 10,000 miles as a sign-up bonus (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$192.60 (first year- waived)
  • Alternative: pay the annual fee and receive 10,000 bonus miles or charge min S$25,000/year and receive annual fee waiver + 10,000 bonus miles
  • 1.2 miles per S$1 locally, 2 miles overseas, 3 miles for online travel bookings and hotel reservations
  • Miles earned never expire
  • Free travel insurance, 2x lounge visits, golfing & dining privileges
  • DBS My Preferred Payment Plan (0% interest instalments)
DBS Altitude Visa Card stands out by offering more travel perks than any other miles card with a fee-waiver. Cardholders earn respectable rewards rates at 1.2 miles per S$1 local spend, 2 miles overseas, 3 miles on online travel bookings, and miles earned never expire. However, unlike other comparable cards, DBS Altitude Card offers free travel insurance, 2 lounge visits/year, golfing privileges throughout SE Asia, dining privileges with Visa Foodie Trail & more. In fact, these perks are more extensive than some travel cards with S$250+ fees.


To receive a fee-waiver, cardholders need to spend S$25,000 annually, so DBS Altitude Card is best for average spenders (especially those who frequently travel). If you want to avoid the high fees of pricier travel cards, but still want to enjoy luxury perks, DBS Altitude Card is perfect for you.

Maybank Horizon Visa Signature: Best Miles Card for Local Budgets

  • Market-leading 3.2 mi/S$1 local dining & transport spend
  • Promotions: Get S$100 cash credit with Maybank Credit Card and CreditAble when you charge and withdraw min of S$250 for each of the 2 consecutive months upon card approval (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$180 (waived for three years)
  • Subsequent annual fee is waived with min annual spend of S$18,000
  • 3.2 miles per S$1 local spend on dining, petrol, taxis, Grab & hotel bookings with Agoda
  • 2 miles per S$1 spend on air tickets, travel packages & foreign currency transactions
  • Up to 17.2% fuel savings on petrol in Singapore
  • Access to airport lounges & free travel insurance
Maybank Horizon Visa Signature Card is an excellent way for primarily local spenders to earn miles at home at top rates, but then also earn on vacation bookings and spend abroad. Cardholders earn 3.2 miles per S$1 spend on local dining, petrol, taxis & Grab, and hotel bookings with Agoda–this rate is higher than that offered by even the priciest travel cards. In addition, cardholders earn 2 miles per S$1 spend on air tickets, travel packages and foreign currency transactions, which aligns with the overseas rates of other travel cards. While earnings are limited by category, local food & transportation account for nearly have of the average budget, so most consumers can easily earn with this card.


Another way in which Maybank Horizon Card stands out is that its S$180 fee is waived for a full 3 years, and subsequently, with just S$18,000 annual spend. This means cardholders can focus on earning rather than extra costs. Ultimately, locally-based consumers looking for easy miles might find Maybank Horizon Card to be an excellent maintenance-free option.

  • Stand-Out: Market-leading 3.2 mi/S$1 local dining & transport spend
  • Promotions: Get S$100 cash credit with Maybank Credit Card and CreditAble when you charge and withdraw min of S$250 for each of the 2 consecutive months upon card approval (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$180 (waived for three years)
  • Subsequent annual fee is waived with min annual spend of S$18,000
  • 3.2 miles per S$1 local spend on dining, petrol, taxis, Grab & hotel bookings with Agoda
  • 2 miles per S$1 spend on air tickets, travel packages & foreign currency transactions
  • Up to 17.2% fuel savings on petrol in Singapore
  • Access to airport lounges & free travel insurance
Maybank Horizon Visa Signature Card is an excellent way for primarily local spenders to earn miles at home at top rates, but then also earn on vacation bookings and spend abroad. Cardholders earn 3.2 miles per S$1 spend on local dining, petrol, taxis & Grab, and hotel bookings with Agoda–this rate is higher than that offered by even the priciest travel cards. In addition, cardholders earn 2 miles per S$1 spend on air tickets, travel packages and foreign currency transactions, which aligns with the overseas rates of other travel cards. While earnings are limited by category, local food & transportation account for nearly have of the average budget, so most consumers can easily earn with this card.


Another way in which Maybank Horizon Card stands out is that its S$180 fee is waived for a full 3 years, and subsequently, with just S$18,000 annual spend. This means cardholders can focus on earning rather than extra costs. Ultimately, locally-based consumers looking for easy miles might find Maybank Horizon Card to be an excellent maintenance-free option.

UOB PRVI Miles American Express Card: Best for Rapid Miles

  • Up to 20k bonus miles & fee waiver w/ S$50k annual spend
  • Promotions: Receive S$150 cash credit with S$1,500 min spend made on eligible goods/services within 30 days of card approval (until Apr. 30, 2021)
  • Read Our Full Review
  • Annual fee: S$256.80 (first year- waived)
  • Annual fee waived and 20,000 bonus annual renewal miles (worth S$200) with min annual spend of S$50,000
  • 1.4 miles per S$1 local spend, 2.4 miles overseas
  • 6 miles per S$1 spend on major airlines & hotels worldwide
  • Complimentary airport transfers & free travel insurance
  • UOB PRVI Travel Butler & Amex Essentials
UOB PRVI Miles American Express Card is the only luxury travel card with a fee waiver, allowing above-average spenders to take advantage of high rates, great perks, and even bonus miles without added cost. Cardholders earn 1.4 miles per S$1 locally, 2.4 miles overseas, and 6 miles with major airlines & hotels–rates equal to (or higher than) most pricey travel cards’. In addition, cardholders receive free travel insurance, free airport transfers and more.


Competitors charge up to S$500+ unwaivable fees for such rates and perks, but UOB PRVI Miles Cardholders receive a fee-waiver with just S$50,000 annual spend. At this spend level, cardholders even receive an extra 20,000 bonus miles, worth about S$200. If you’re able to hit this spend level and want to rapidly accrue miles, there is no better alternative than UOB PRVI Miles Card.

  • Stand-Out: Up to 20k bonus miles & fee waiver w/ S$50k annual spend
  • Promotions: Receive S$150 cash credit with S$1,500 min spend made on eligible goods/services within 30 days of card approval (until Apr. 30, 2021)
  • Read Our Full Review
  • Annual fee: S$256.80 (first year- waived)
  • Annual fee waived and 20,000 bonus annual renewal miles (worth S$200) with min annual spend of S$50,000
  • 1.4 miles per S$1 local spend, 2.4 miles overseas
  • 6 miles per S$1 spend on major airlines & hotels worldwide
  • Complimentary airport transfers & free travel insurance
  • UOB PRVI Travel Butler & Amex Essentials
UOB PRVI Miles American Express Card is the only luxury travel card with a fee waiver, allowing above-average spenders to take advantage of high rates, great perks, and even bonus miles without added cost. Cardholders earn 1.4 miles per S$1 locally, 2.4 miles overseas, and 6 miles with major airlines & hotels–rates equal to (or higher than) most pricey travel cards’. In addition, cardholders receive free travel insurance, free airport transfers and more.


Competitors charge up to S$500+ unwaivable fees for such rates and perks, but UOB PRVI Miles Cardholders receive a fee-waiver with just S$50,000 annual spend. At this spend level, cardholders even receive an extra 20,000 bonus miles, worth about S$200. If you’re able to hit this spend level and want to rapidly accrue miles, there is no better alternative than UOB PRVI Miles Card.

Best No Fee Credit Cards for Cashback

If you want to earn rebates on daily essentials without worrying about paying extra for your credit card, consider these options.

OCBC 365 Card: Best No Fee Cashback Overall

  • High travel & dining cashback plus exclusive travel deals
  • Promotions: Earn up to S$120 cashback on your insurance by signing up for monthly recurring payments with your OCBC 365 credit card (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$192.60 (automatic annual fee waiver with min annual spend of S$10,000)
  • 6% rebate on dining & online food delivery
  • 3% rebate on local, overseas and online groceries
  • 3% rebate on land transport, utilities (telco and electricity bills) & online travel
  • 5% rebate on petrol (up to 22.1% fuel savings at Caltex and 20.2% with Esso)
  • 0.3% cashback on all other spend
  • Visa Signature Privileges
If you want a no-fee everyday card that rewards your essential spend, OCBC 365 Card is absolutely the best option on the market. Not only is there a fee waiver with just S$10,000 annual spend, there also aren’t any merchant restrictions–two benefits you won’t find with OCBC 365 Card’s key competitor. Cardholders earn 6% on dining & online food delivery and 3% on groceries, land transport (including Grab), online travel bookings, and even recurring electricity & telco bills–compared to the competitor’s 1% rebate on bills, capped at S$1/month.


In order to access these rates, cardholders must spend S$800/month, which is aligned with market norms. Cardholders can also earn up to S$80/month, which is fairly high. Ultimately, if you’re buying essentials for your family or simply want no-fee rewards for your daily spend, OCBC 365 is the only option with both a waiver and no merchant restrictions, and it’s high rates will quickly maximise your earnings.

  • Stand-Out: High travel & dining cashback plus exclusive travel deals
  • Promotions: Earn up to S$120 cashback on your insurance by signing up for monthly recurring payments with your OCBC 365 credit card (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$192.60 (automatic annual fee waiver with min annual spend of S$10,000)
  • 6% rebate on dining & online food delivery
  • 3% rebate on local, overseas and online groceries
  • 3% rebate on land transport, utilities (telco and electricity bills) & online travel
  • 5% rebate on petrol (up to 22.1% fuel savings at Caltex and 20.2% with Esso)
  • 0.3% cashback on all other spend
  • Visa Signature Privileges
If you want a no-fee everyday card that rewards your essential spend, OCBC 365 Card is absolutely the best option on the market. Not only is there a fee waiver with just S$10,000 annual spend, there also aren’t any merchant restrictions–two benefits you won’t find with OCBC 365 Card’s key competitor. Cardholders earn 6% on dining & online food delivery and 3% on groceries, land transport (including Grab), online travel bookings, and even recurring electricity & telco bills–compared to the competitor’s 1% rebate on bills, capped at S$1/month.


In order to access these rates, cardholders must spend S$800/month, which is aligned with market norms. Cardholders can also earn up to S$80/month, which is fairly high. Ultimately, if you’re buying essentials for your family or simply want no-fee rewards for your daily spend, OCBC 365 is the only option with both a waiver and no merchant restrictions, and it’s high rates will quickly maximise your earnings.

Best No Fee Credit Cards for Lower Spenders

These cards offer low minimum spend requirements, respectable rates, and easy fee-waivers.

OCBC Frank Card: Best for Young Online Shoppers

  • 6% rebate on FX, online, and mobile purchases after just S$600 monthly spend
  • Promotions: Use code VISA15OFF to get 15% off Zalora w/ min spend of S$80 (until June 30, 2021)
  • Read Our Full Review
  • Annual fee: S$80 (waived for two years)
  • Automatic annual fee waiver with min annual spend of S$10,000
  • 6% rebate on online and app spend
  • 6% rebate on mobile contactless payments (Apple Pay, Samsung Pay, Google Pay, Garmin Pay and Fitbit Pay)
  • 6% rebate on foreign currency spend
  • 0.3% cashback on all other spend
  • Monthly cashback capped at S$75
Young adults with lower monthly spend are most likely to maximise their cashback with OCBC Frank Card. Unlike its competitor cards (some of which have an S$800+ minimum requirement), OCBC Frank allows cardholders to access its higher rates after just S$600 spend. Consumers earn 6% rebate on FX, online, and mobile contactless spend. Additionally, this card offers 0.3% on all other purchases. Earnings are a respectable S$75/month (S$25/FX & mobile contactless, S$25/online, and S$25/general).

OCBC Frank Card also stands apart from its closest competitor by offering a fee-waiver. With just S$10,000 annual spend, cardholders are exempt from the S$80 fee, which itself is fairly low. If you’re looking for a card that rewards online shopping and mobile contactless purchases without a lofty spend requirement, OCBC Frank Card is the best and most affordable option.

  • Stand-Out: 6% rebate on FX, online, and mobile purchases after just S$600 monthly spend
  • Promotions: Use code VISA15OFF to get 15% off Zalora w/ min spend of S$80 (until June 30, 2021)
  • Read Our Full Review
  • Annual fee: S$80 (waived for two years)
  • Automatic annual fee waiver with min annual spend of S$10,000
  • 6% rebate on online and app spend
  • 6% rebate on mobile contactless payments (Apple Pay, Samsung Pay, Google Pay, Garmin Pay and Fitbit Pay)
  • 6% rebate on foreign currency spend
  • 0.3% cashback on all other spend
  • Monthly cashback capped at S$75
Young adults with lower monthly spend are most likely to maximise their cashback with OCBC Frank Card. Unlike its competitor cards (some of which have an S$800+ minimum requirement), OCBC Frank allows cardholders to access its higher rates after just S$600 spend. Consumers earn 6% rebate on FX, online, and mobile contactless spend. Additionally, this card offers 0.3% on all other purchases. Earnings are a respectable S$75/month (S$25/FX & mobile contactless, S$25/online, and S$25/general).

OCBC Frank Card also stands apart from its closest competitor by offering a fee-waiver. With just S$10,000 annual spend, cardholders are exempt from the S$80 fee, which itself is fairly low. If you’re looking for a card that rewards online shopping and mobile contactless purchases without a lofty spend requirement, OCBC Frank Card is the best and most affordable option.

Maybank Platinum Visa: Best for Small Budgets

  • Top weekend rebates of up to 8% for social spenders
  • Promotions: Get S$100 cash credit with Maybank Credit Card and CreditAble when you charge and withdraw min of S$250 for each of the 2 consecutive months upon card approval (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$80 (3 years fee waiver)
  • Subsequently quarterly service fee is waived w/ card use at least 1x/quarter
  • $30 quarterly rebate with at least S$300 monthly spend
  • S$100 quarterly rebate with at least S$1,000 monthly spend
  • Free travel insurance
If you’re looking for cashback after just S$300 local spend–maybe for a lower budget, or as a complement to a travel card–Maybank Platinum Visa Card is the only rebate card that can truly maximise your earnings while also waiving its fee. Almost all cashback cards require minimums of S$400+ (at the very least) to earn rewards beyond the base rate (usually 0.3%). With Maybank Platinum Visa Card, you can earn S$30/quarter after just S$300 local monthly spend, equal to S$1,200/year. Compare this to S$3.6/year, earned for the same spend but at the base rate.


Cardholders can also earn S$100/quarter with S$1,000/month spend, but at this spend level, alternative cards are more competitive. Ultimately, Maybank Platinum Visa Card is the best option for low spenders because it even has a fee waiver–3 years, then with card use (at least 1x/quarter). Maybank Platinum Visa Card is the only card that offers such high rates after such a low minimum, with no annual fee.

  • Stand-Out: Top weekend rebates of up to 8% for social spenders
  • Promotions: Get S$100 cash credit with Maybank Credit Card and CreditAble when you charge and withdraw min of S$250 for each of the 2 consecutive months upon card approval (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$80 (3 years fee waiver)
  • Subsequently quarterly service fee is waived w/ card use at least 1x/quarter
  • $30 quarterly rebate with at least S$300 monthly spend
  • S$100 quarterly rebate with at least S$1,000 monthly spend
  • Free travel insurance
If you’re looking for cashback after just S$300 local spend–maybe for a lower budget, or as a complement to a travel card–Maybank Platinum Visa Card is the only rebate card that can truly maximise your earnings while also waiving its fee. Almost all cashback cards require minimums of S$400+ (at the very least) to earn rewards beyond the base rate (usually 0.3%). With Maybank Platinum Visa Card, you can earn S$30/quarter after just S$300 local monthly spend, equal to S$1,200/year. Compare this to S$3.6/year, earned for the same spend but at the base rate.


Cardholders can also earn S$100/quarter with S$1,000/month spend, but at this spend level, alternative cards are more competitive. Ultimately, Maybank Platinum Visa Card is the best option for low spenders because it even has a fee waiver–3 years, then with card use (at least 1x/quarter). Maybank Platinum Visa Card is the only card that offers such high rates after such a low minimum, with no annual fee.

Best No Fee Credit Cards for High Spenders

High spenders shouldn’t have to pay high annual fees. The following cards offer unlimited & maintenance-free earning potential, without the hassle of added cost.

CIMB Visa Infinite Card: Unlimited Cashback for Travellers

CIMB Visa Infinite
CIMB Visa Infinite
  • Unlimited 2% cashback on travel, overseas and online spend in foreign currencies
  • Promotions: New cardholders get Fitbit Inspire 2 or S$130 Cash via PayNow upon activating and spending min. $350/mo for 2 months from card approval (until May 7, 2021)
  • Read Our Full Review
  • Annual fee: free for life
  • Unlimited 2% cashback on all travel and overseas spend
  • Unlimited 2% cashback on online spend in foreign currencies
  • Unlimited 1% cashback on all other spend
  • Complimentary green fees at 108 fairways across 16 countries
  • Free travel insurance, 3 complimentary access to airport lounges
  • Visa Infinite Concierge
  • CIMB 0% Interest i.Pay Instalment Plan
If you’re an affluent traveller interested in earning cashback (rather than miles), CIMB Visa Infinite Card is an excellent, no-fee way to earn on all spend. Cardholders earn 1% unlimited cashback on all spend, bumped to 2% for travel expenses (hotels, airlines, travel agencies & more) after a S$2,000 minimum threshold. Competitor cards offer 1.5% flat cashback, so frequent travellers are far more likely to benefit from CIMB Visa Infinite Card. Most competitors also charge S$170+ fees, while CIMB Visa Infinite Card is free forever.


Another reason CIMB Visa Infinite Card stands out is that it offers travel perks rarely found with cashback cards. Cardholders receive free travel insurance, lounge access, discounted limo transfers and more, which pairs nicely with the great rewards rates for travel spend. Even better, golfers can enjoy some of the best perks offered by any cashback card on the market, with up to 2 free green fees every month at 108 fairways across Asia. Ultimately, if you spend a great deal on travel and would like to avoid both rewards caps and annual fees, CIMB Visa Infinite is the best option for you.

CIMB Visa Infinite
CIMB Visa Infinite
  • Stand-Out: Unlimited 2% cashback on travel, overseas and online spend in foreign currencies
  • Promotions: New cardholders get Fitbit Inspire 2 or S$130 Cash via PayNow upon activating and spending min. $350/mo for 2 months from card approval (until May 7, 2021)
  • Read Our Full Review
  • Annual fee: free for life
  • Unlimited 2% cashback on all travel and overseas spend
  • Unlimited 2% cashback on online spend in foreign currencies
  • Unlimited 1% cashback on all other spend
  • Complimentary green fees at 108 fairways across 16 countries
  • Free travel insurance, 3 complimentary access to airport lounges
  • Visa Infinite Concierge
  • CIMB 0% Interest i.Pay Instalment Plan
If you’re an affluent traveller interested in earning cashback (rather than miles), CIMB Visa Infinite Card is an excellent, no-fee way to earn on all spend. Cardholders earn 1% unlimited cashback on all spend, bumped to 2% for travel expenses (hotels, airlines, travel agencies & more) after a S$2,000 minimum threshold. Competitor cards offer 1.5% flat cashback, so frequent travellers are far more likely to benefit from CIMB Visa Infinite Card. Most competitors also charge S$170+ fees, while CIMB Visa Infinite Card is free forever.


Another reason CIMB Visa Infinite Card stands out is that it offers travel perks rarely found with cashback cards. Cardholders receive free travel insurance, lounge access, discounted limo transfers and more, which pairs nicely with the great rewards rates for travel spend. Even better, golfers can enjoy some of the best perks offered by any cashback card on the market, with up to 2 free green fees every month at 108 fairways across Asia. Ultimately, if you spend a great deal on travel and would like to avoid both rewards caps and annual fees, CIMB Visa Infinite is the best option for you.

Best No Fee Credit Cards for Retail Shoppers

Whether you mostly shop for retail or pay for bills & essentials online, we’ve found a few cards that can maximise rewards without charging an annual fee.

DBS Woman's World: Shopper Card with 0% Interest Instal Plan

  • Up to 4 miles/S$1 spend on online shopping
  • Promotions: Use code DBSFLASH to get S$250 cashback when you apply and make 1 qualifying spend within 30 days of card approval (until Apr.29, 2021)
  • Charge min S$25,000 to receive an annual fee waiver
  • 7% off at Chu Collagen (until Dec.31,2021)
  • Read Our Full Review
  • Annual fee: S$192.60 (first year- waived)
  • Subsequently waived w/ min annual spend of S$25,000
  • 4 miles per S$1 spend on online purchase and, 1.2 miles on overseas spend
  • 0.4 miles per S$1 spend on all other purchases
  • DBS My Preferred Payment Plan (0% interest instalments)
  • e-Commerce protection on online purchases
DBS Woman’s World Card is a great option for average spenders seeking rewards for online shopping. Cardholders earn 4 miles per S$1 spend in this category, up to 8,000 miles/month (about S$80 value-to-consumer). In addition, cardholders can split payments for their larger purchases into instalments across up to 12 months, with 0% interest and no processing fee. While general spend earns just 0.4 miles per S$1 locally, 1.2 miles overseas, frequent online shoppers who spend at least S$25,000 annually are exempt from the S$192.6 fee. For these shoppers, DBS Woman’s World Card offers easy and accessible rewards without added maintenance or cost.
  • Stand-Out: Up to 4 miles/S$1 spend on online shopping
  • Promotions: Use code DBSFLASH to get S$250 cashback when you apply and make 1 qualifying spend within 30 days of card approval (until Apr.29, 2021)
  • Charge min S$25,000 to receive an annual fee waiver
  • 7% off at Chu Collagen (until Dec.31,2021)
  • Read Our Full Review
  • Annual fee: S$192.60 (first year- waived)
  • Subsequently waived w/ min annual spend of S$25,000
  • 4 miles per S$1 spend on online purchase and, 1.2 miles on overseas spend
  • 0.4 miles per S$1 spend on all other purchases
  • DBS My Preferred Payment Plan (0% interest instalments)
  • e-Commerce protection on online purchases
DBS Woman’s World Card is a great option for average spenders seeking rewards for online shopping. Cardholders earn 4 miles per S$1 spend in this category, up to 8,000 miles/month (about S$80 value-to-consumer). In addition, cardholders can split payments for their larger purchases into instalments across up to 12 months, with 0% interest and no processing fee. While general spend earns just 0.4 miles per S$1 locally, 1.2 miles overseas, frequent online shoppers who spend at least S$25,000 annually are exempt from the S$192.6 fee. For these shoppers, DBS Woman’s World Card offers easy and accessible rewards without added maintenance or cost.

OCBC Titanium Card: Miles for Retail Shoppers

  • 4 mi/S$1 on fashion & merchants like Amazon, Lazada
  • Promotions: Redeem 10,000 KrisFlyer Miles when you earn 25,000 OCBC$
  • Read Our Full Review
  • Annual fee: S$192.60 (two years fee waiver + automatic annual fee waiver with min annual spend of S$10,000)
  • Subsequently waived w/ min annual spend of S$25,000
  • 4 miles (10 OCBC$ Pts) per S$1 spend on select online and retail purchases (Lazada, Shopee, Amazon and Qoo10)
  • 0.4 miles (1 OCBC$ Pts.) on all other spend
  • 2% cash rebate on BEST Denki spend
If you’re a frequent retail shopper, look no further than OCBC Titanium Rewards Card–the most flexible and comprehensive shopper card on the market, with the added benefits of high rates and an easily waived fee. Cardholders earn 10 points (4 miles) per S$1 spend on retail, department stores, and electronics–plus on a variety of retail merchants, from Amazon to Qoo10 & more. Consumers can earn rewards locally, overseas, online and offline, with no minimum spend requirement. This flexibility makes it easy for average spenders to quickly achieve the 4,000 miles/month earnings cap.


Cardholders can also avoid the S$192.6 fee with just S$10,000 annual spend. Competitor cards do not offer a fee-waiver, so OCBC Titanium Card is the best option for shoppers looking for flexibility paired with no annual fees.

  • Stand-Out: 4 mi/S$1 on fashion & merchants like Amazon, Lazada
  • Promotions: Redeem 10,000 KrisFlyer Miles when you earn 25,000 OCBC$
  • Read Our Full Review
  • Annual fee: S$192.60 (two years fee waiver + automatic annual fee waiver with min annual spend of S$10,000)
  • Subsequently waived w/ min annual spend of S$25,000
  • 4 miles (10 OCBC$ Pts) per S$1 spend on select online and retail purchases (Lazada, Shopee, Amazon and Qoo10)
  • 0.4 miles (1 OCBC$ Pts.) on all other spend
  • 2% cash rebate on BEST Denki spend
If you’re a frequent retail shopper, look no further than OCBC Titanium Rewards Card–the most flexible and comprehensive shopper card on the market, with the added benefits of high rates and an easily waived fee. Cardholders earn 10 points (4 miles) per S$1 spend on retail, department stores, and electronics–plus on a variety of retail merchants, from Amazon to Qoo10 & more. Consumers can earn rewards locally, overseas, online and offline, with no minimum spend requirement. This flexibility makes it easy for average spenders to quickly achieve the 4,000 miles/month earnings cap.


Cardholders can also avoid the S$192.6 fee with just S$10,000 annual spend. Competitor cards do not offer a fee-waiver, so OCBC Titanium Card is the best option for shoppers looking for flexibility paired with no annual fees.

HSBC Revolution: Miles for Online & Social Spenders

  • Up to 2mi/S$1 spend on online insurance & bill-pay
  • Promotions: All new cardholders will receive S$30 cashback when you apply with MyInfo via Singpass + S$50 cashback when making 1 transaction of any amount OR S$120 cashback with S$500 min spend (until Apr.30,2021)
  • Read Our Full Review
  • Annual fee: none
  • 2 miles per S$1 spend on local dining & entertainment, online spend (unlimited)
  • Online rate includes travel bookings, recurring bills & transit payments
  • No minimum spend requirement
  • 16% off petrol at Caltex and 14% off at Shell
HSBC Revolution Card is one of the best miles-earning cards for social spenders who tend to make many purchases online. Cardholders earn 2 miles per S$1 spend on local dining & entertainment, and have access to a myriad of regional deals and discounts. More uniquely, cardholders also earn this rewards rate for online spend, including on travel bookings, transit payments, and recurring bills. These expenses are almost always excluded from earning rewards by other cards. There are no minimum spend requirements and earnings are unlimited, making HSBC Revolution Card a great match for many budgets. And, if that wasn’t enough, the S$160.5 fee is waived with S$12,500 annual spend. HSBC Revolution Card is both extremely accessible and a great way for social and online spenders to maximise rewards from their monthly budget.
  • Stand-Out: Up to 2mi/S$1 spend on online insurance & bill-pay
  • Promotions: All new cardholders will receive S$30 cashback when you apply with MyInfo via Singpass + S$50 cashback when making 1 transaction of any amount OR S$120 cashback with S$500 min spend (until Apr.30,2021)
  • Read Our Full Review
  • Annual fee: none
  • 2 miles per S$1 spend on local dining & entertainment, online spend (unlimited)
  • Online rate includes travel bookings, recurring bills & transit payments
  • No minimum spend requirement
  • 16% off petrol at Caltex and 14% off at Shell
HSBC Revolution Card is one of the best miles-earning cards for social spenders who tend to make many purchases online. Cardholders earn 2 miles per S$1 spend on local dining & entertainment, and have access to a myriad of regional deals and discounts. More uniquely, cardholders also earn this rewards rate for online spend, including on travel bookings, transit payments, and recurring bills. These expenses are almost always excluded from earning rewards by other cards. There are no minimum spend requirements and earnings are unlimited, making HSBC Revolution Card a great match for many budgets. And, if that wasn’t enough, the S$160.5 fee is waived with S$12,500 annual spend. HSBC Revolution Card is both extremely accessible and a great way for social and online spenders to maximise rewards from their monthly budget.

Best No Fee Credit Cards for Golf & Leisure

The following credit cards offer great leisure perks, despite waiving an annual fee.

Maybank World MasterCard: Best Miles Card for Golfers

  • 2 free green fees/month, access to 120+ global fairways
  • Promotions: Get S$100 cash credit with Maybank Credit Card and CreditAble when you charge and withdraw min of S$250 for each of the 2 consecutive months upon card approval (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$240 (first year- waived)
  • Subsequent annual fee is waived with min annual spend of S$24,000
  • 10 pts (4 miles) per S$1 spend with select dining & retail merchants (Paradise Group, Resorts World Sentosa, Club21 and more)
  • Complimentary green fees all year round at 100 participating golf clubs in 23 countries
  • Free travel insurance, lounge access & global concierge
  • Pair with Corporate Fuel Card for petrol discounts up to 19.1%
With Maybank World MasterCard, golfers can enjoy the most comprehensive golfing privileges on the market and possibly avoid paying an annual fee. Cardholders receive complimentary green fees all year round at 100 participating golf clubs in 23 countries – nearly triple the amount offered by the top competitor card. Consumers can also earn 10 points (4 miles) per S$1 spend on select dining & retail merchants, such as Paradise Group, Imperial Treasure, Resorts World Sentosa, The Shilla Duty Free Changi Airport and many more. Additional perks include free travel insurance and Plaza Premium airport lounge access. Ultimately, cardholders can even avoid the S$240 fee by spending S$24,000/year. While this may seem substantial, spend on supplementary cards adds towards total spend, making it easier to reach this threshold. Maybank World MasterCard is an excellent option for people who prioritise golfing privileges and enjoy luxury shopping.
  • Stand-Out: 2 free green fees/month, access to 120+ global fairways
  • Promotions: Get S$100 cash credit with Maybank Credit Card and CreditAble when you charge and withdraw min of S$250 for each of the 2 consecutive months upon card approval (until June 30,2021)
  • Read Our Full Review
  • Annual fee: S$240 (first year- waived)
  • Subsequent annual fee is waived with min annual spend of S$24,000
  • 10 pts (4 miles) per S$1 spend with select dining & retail merchants (Paradise Group, Resorts World Sentosa, Club21 and more)
  • Complimentary green fees all year round at 100 participating golf clubs in 23 countries
  • Free travel insurance, lounge access & global concierge
  • Pair with Corporate Fuel Card for petrol discounts up to 19.1%
With Maybank World MasterCard, golfers can enjoy the most comprehensive golfing privileges on the market and possibly avoid paying an annual fee. Cardholders receive 2 complimentary green fees per month at 120 fairways across 25 countries–triple the amount offered by the top competitor card. Consumers can also earn 10 points (4 miles) per S$1 spend on select dining & retail merchants. Additional perks include free travel insurance and lounge access. Ultimately, cardholders can even avoid the S$240 fee by spending S$24,000/year. While this may seem substantial, spend on supplementary cards adds towards total spend, making it easier to reach this threshold. Maybank World MasterCard is an excellent option for people who prioritise golfing privileges and enjoy luxury shopping.

CIMB World MasterCard: Cashback for Affluent Socialites

CIMB World Mastercard
CIMB World Mastercard
  • Unlimited 2% cashback on wine and dine, entertainment and 50% off green fees
  • Promotions: New cardholders get Fitbit Inspire 2 or S$130 Cash via PayNow upon activating and spending min. $350/mo for 2 months from card approval (until May 7, 2021)
  • Read Our Full Review
  • Annual fee: free for life
  • Unlimited 2% cashback on wine & dine, entertainment, recreation, automobile & parking, petrol, and duty-free stores spend (locally & overseas)
  • Unlimited 1.5% cashback on all other spend
  • 50% off green fees at select fairways in Asia
  • Free travel insurance, access to MasterCard Airport Experiences
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB World MasterCard is the absolute best card on the market for affluent social spenders looking to balance great privileges with unlimited cashback rewards. While competitor cards narrow earning potential with merchant restrictions, CIMB World MasterCard offers unlimited 2% cashback with all vendors across a variety of categories: wine & dine, entertainment, recreation, automobile & parking, petrol, and spend at duty-free stores. This 2% rate is higher than the flat 1.5% offered by other unlimited cashback cards, and unlike these cards, CIMB World MasterCard is free forever. In addition, all other spend earns unlimited 1.5% cashback. Consumers also enjoy perks like 50% off green fees, free travel insurance and access to MasterCard Airport Experiences. Overall, CIMB World Card is a great way to maximise rewards on leisure spend without any extra hassle or fees.
CIMB World Mastercard
CIMB World Mastercard
  • Stand-Out: Unlimited 2% cashback on wine and dine, entertainment and 50% off green fees
  • Promotions: New cardholders get Fitbit Inspire 2 or S$130 Cash via PayNow upon activating and spending min. $350/mo for 2 months from card approval (until May 7, 2021)
  • Read Our Full Review
  • Annual fee: free for life
  • Unlimited 2% cashback on wine & dine, entertainment, recreation, automobile & parking, petrol, and duty-free stores spend (locally & overseas)
  • Unlimited 1.5% cashback on all other spend
  • 50% off green fees at select fairways in Asia
  • Free travel insurance, access to MasterCard Airport Experiences
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB World MasterCard is the absolute best card on the market for affluent social spenders looking to balance great privileges with unlimited cashback rewards. While competitor cards narrow earning potential with merchant restrictions, CIMB World MasterCard offers unlimited 2% cashback with all vendors across a variety of categories: wine & dine, entertainment, recreation, automobile & parking, petrol, and spend at duty-free stores. This 2% rate is higher than the flat 1.5% offered by other unlimited cashback cards, and unlike these cards, CIMB World MasterCard is free forever. In addition, all other spend earns unlimited 1.5% cashback. Consumers also enjoy perks like 50% off green fees, free travel insurance and access to MasterCard Airport Experiences. Overall, CIMB World Card is a great way to maximise rewards on leisure spend without any extra hassle or fees.

HSBC Visa Platinum: No Fee Card for Cashback + Miles

  • Rebates on local food & petrol, miles for general spend
  • Promotions: All new cardholders will receive S$30 cashback when you apply with MyInfo via Singpass + S$50 cashback when making 1 transaction of any amount OR S$120 cashback with S$500 min spend (until Apr.30,2021)
  • Read Our Full Review
  • Annual fee: S$192.60 (waived for two years)
  • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
  • 0.4 miles per S$1 general spend, unlimited
  • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)
HSBC Visa Platinum Card is the best card on the market for earning both cashback and miles, especially if you’re looking to avoid an annual fee. Cardholders earn 5% cashback on local dining, groceries and petrol after just S$600 minimum spend. All other spend earns 0.4 miles per S$1, with no minimum spend requirement. While this is on the lower side, it’s worth pointing out that the rebate covers the top spend categories in the average consumer’s budget. In addition, cardholders can earn up to S$83/month (S$250/quarter) which is fairly high.


Another reason HSBC Visa Platinum Card stands out is that cardholders can earn a waiver for the S$192.6 fee with just S$12,500 annual spend. Ultimately, this card is the best option for versatile rewards on core local spending, especially if you spend enough to earn the fee-waiver.

  • Stand-Out: Rebates on local food & petrol, miles for general spend
  • Promotions: All new cardholders will receive S$30 cashback when you apply with MyInfo via Singpass + S$50 cashback when making 1 transaction of any amount OR S$120 cashback with S$500 min spend (until Apr.30,2021)
  • Read Our Full Review
  • Annual fee: S$192.60 (waived for two years)
  • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
  • 0.4 miles per S$1 general spend, unlimited
  • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)
HSBC Visa Platinum Card is the best card on the market for earning both cashback and miles, especially if you’re looking to avoid an annual fee. Cardholders earn 5% cashback on local dining, groceries and petrol after just S$600 minimum spend. All other spend earns 0.4 miles per S$1, with no minimum spend requirement. While this is on the lower side, it’s worth pointing out that the rebate covers the top spend categories in the average consumer’s budget. In addition, cardholders can earn up to S$83/month (S$250/quarter) which is fairly high.


Another reason HSBC Visa Platinum Card stands out is that cardholders can earn a waiver for the S$192.6 fee with just S$12,500 annual spend. Ultimately, this card is the best option for versatile rewards on core local spending, especially if you spend enough to earn the fee-waiver.

CIMB Platinum MasterCard: No Fee Card for Health, Transport & Dining

CIMB Platinum Mastercard
CIMB Platinum Mastercard
  • 10% rebate on wine and dine, transport, petrol, health and travel, capped at S$100/month
  • Promotions: New cardholders get Fitbit Inspire 2 or S$130 Cash via PayNow upon activating and spending min. $350/mo for 2 months from card approval (until May 7, 2021)
  • Read Our Full Review
  • Annual fee: free for life
  • 10% cashback on dining, medical, transport, petrol & overseas travel
  • 10% cashback on select electronics/furnishings vendors
  • Unlimited 0.2% cashback on all other spend
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB Platinum MasterCard is an especially unique card, combining exceptional rewards for medical expenses, transport, dining & more. Each of these categories–as well as travel spend in foreign currency and electronics/furnishings purchases– earns 10% cashback, up to a cumulative S$100/month. Very few credit cards reward health or home improvement spend, especially at such high rates–making CIMB Platinum MC truly stand-out. Even more, while there's an S$800 minimum spend requirement, there's no annual fee, making CIMB Platinum MC an excellent option for those seeking a low-risk, no-maintenance credit card.
CIMB Platinum Mastercard
CIMB Platinum Mastercard
  • Stand-Out: 10% rebate on wine and dine, transport, petrol, health and travel, capped at S$100/month
  • Promotions: New cardholders get Fitbit Inspire 2 or S$130 Cash via PayNow upon activating and spending min. $350/mo for 2 months from card approval (until May 7, 2021)
  • Existing cardholders will receive $30 cash via PayNowExisting cardholders will receive $30 cash via PayNow
  • Read Our Full Review
  • Annual fee: free for life
  • 10% cashback on dining, medical, transport, petrol & overseas travel
  • 10% cashback on select electronics/furnishings vendors
  • Unlimited 0.2% cashback on all other spend
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB Platinum MasterCard is an especially unique card, combining exceptional rewards for medical expenses, transport, dining & more. Each of these categories–as well as travel spend in foreign currency and electronics/furnishings purchases– earns 10% cashback, up to a cumulative S$100/month. Very few credit cards reward health or home improvement spend, especially at such high rates–making CIMB Platinum MC truly stand-out. Even more, while there's an S$800 minimum spend requirement, there's no annual fee, making CIMB Platinum MC an excellent option for those seeking a low-risk, no-maintenance credit card.

CIMB Visa Signature: Cashback for Online & Beauty Spend

CIMB Visa Signature
CIMB Visa Signature
  • Up to 10% rebate on online shopping, groceries & more
  • Promotions: New cardholders get Fitbit Inspire 2 or S$130 Cash via PayNow upon activating and spending min. $350/mo for 2 months from card approval (until May 7, 2021)
  • Read Our Full Review
  • Annual fee: free for life
  • 10% cashback on groceries, online shopping, beauty, petcare & cruises
  • Unlimited 0.2% cashback on all other spend
  • Free travel insurance & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB Visa Signature Card is a great option for grocery-shoppers seeking cashback for discretionary spend. Groceries, online shopping, beauty, petcare, and transactions with cruise lines all earn 10% rebate, up to S$20/category. This adds up to a potential S$100/month–quite respectable given market standards–though accessing these rates requires an S$800 minimum spend. In addition, you can earn an unlimited 0.2% on all other spend. It's also worth mentioning that CIMB Visa Signature is exceptionally low-risk and low-maintenance, as there's no annual fee. This means consumers who only periodically shop these categories can still benefit from the high rebate rates.
CIMB Visa Signature
CIMB Visa Signature
  • Stand-Out: Up to 10% rebate on online shopping, groceries & more
  • Promotions: New cardholders get Fitbit Inspire 2 or S$130 Cash via PayNow upon activating and spending min. $350/mo for 2 months from card approval (until May 7, 2021)
  • Read Our Full Review
  • Annual fee: free for life
  • 10% cashback on groceries, online shopping, beauty, petcare & cruises
  • Unlimited 0.2% cashback on all other spend
  • Free travel insurance & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB Visa Signature Card is a great option for grocery-shoppers seeking cashback for discretionary spend. Groceries, online shopping, beauty, petcare, and transactions with cruise lines all earn 10% rebate, up to S$20/category. This adds up to a potential S$100/month–quite respectable given market standards–though accessing these rates requires an S$800 minimum spend. In addition, you can earn an unlimited 0.2% on all other spend. It's also worth mentioning that CIMB Visa Signature is exceptionally low-risk and low-maintenance, as there's no annual fee. This means consumers who only periodically shop these categories can still benefit from the high rebate rates.

Learn More About How to Find the Best Credit Card for You

Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, helping consumers find the best credit cards and other financial products based on quantitative and qualitative analysis. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research, and led development & operations and BellaVetro. She attended Duke University and Penn State University, graduating with a degree in Political Science and Government. Her work has been featured on a variety of major media such as Yahoo Finance, Asia One, Buro, Zuu Online and more.

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