Best Reward Credit Cards with No Annual Fee 2025: Best Lifetime Free Cards

Most credit cards in Singapore offer no annual fee for only the first year or two of usage. Providers make it easy and appealing for you to switch to their credit cards with these introductory offers . 

But once that ‘free trial’ ends, you might get hit with a hefty annual fee (typically S$180 + GST). After the initial shock of seeing that S$192.60 line item on your credit card bill, you can usually call the credit card company to request a waiver. However, there is always a chance your request could be denied.

If you can’t get the annual fee waived, your only option may be to cancel your credit card to avoid paying the fee. But this leaves you without your favourite credit card, and you’ll probably need to update your billing arrangements. 

In short, while credit card annual fees can be waived, the process can be quite bothersome. If you’d prefer to skip the administrative work altogether, these are the four best types of credit cards with no annual fees.

Another good credit card option with no annual fees is the ever-popular HSBC Revolution Card.

This powerhouse card is a must-have for any miles-chaser. Even if you're just starting your miles journey, the HSBC Revolution is an excellent entry-level card to get you started.

It offers up to 4 miles per S$1 spend on online and mobile contactless transactions on travel, shopping, groceries, and dining. This 4 miles rate is capped at S$1,000 spend per month, subsequently, it reverts to the base rate of 0.4 miles. Earning miles has never been easier or less stressful.

⭐ Read our full HSBC Revolution Card review here.

If none of the CIMB credit cards appeal to you, perhaps the Standard Chartered Smart Credit Card might be a better fit. Alternatively, you could also consider getting a debit card. Most (but not all!) debit cards in Singapore come with no annual fees (for a lifetime).

⭐ Read our full SCB Smart Credit Card review here.

Lastly, for those with a lower monthly budget or spend, a credit card like the UOB EVOL Card might be a great choice. It requires a relatively low minimum spend of S$600 and comes with no  annual fees either – as long as you make at least three qualifying transactions per month, which is quite manageable.

⭐ Read our full UOB EVOL Card review here.

Another way to enjoy a near-perpetual annual fee waiver on your credit card is to pick one with an automatic fee waiver function. 

DBS/POSB, OCBC, UOB and Maybank all offer automatic fee waivers once you meet their stipulated minimum annual spend. As long as you spend this amount every year, you’ll never have to call and ask for a fee waiver. 

The minimum spend requirements vary between cards, and not all credit cards are eligible for this benefit. Below, we’ve compiled a list of credit cards with the lowest thresholds for automatic annual fee waivers.

For low-spenders, we recommend either the Maybank Platinum Visa Card or the OCBC Plus! Visa Credit Card. 

The Maybank Platinum Visa Card charges a quarterly fee instead of an annual one. However, to have it waived, all you need to do is charge something to the card every quarter. That’s it. There’s no minimum spend required.

If you’re a member of NTUC or SAFRA, you’re eligible for a no-annual-fee credit card. These organisations have co-branded credit cards with perpetual annual fee waivers as long as the cardholder remains a paying member.

The SAFRA DBS Credit Card is a relatively fuss-free credit card. Just spend at least S$500 a month to get 3% cash rebates on your online spending and contactless payments. SAFRA membership is open to NSFs/NSmen, and fees range from S$43.60 (3 years) to S$294.30 (10 years).

Finally, you can enjoy a perpetual annual fee waiver if you are a priority banking customer with Maybank or DBS. The corresponding credit card’s annual fee will be waived indefintely, as long as you remain a member of the programme.

Opting for a no-annual-fee credit card can save you up to S$500 annually, depending on the card you choose. It’s an easy way to stretch your budget further without compromising on benefits.

No-annual-fee credit cards are hassle-free, offering exactly what you need without unnecessary costs. They’re straightforward and easy to manage, giving you peace of mind.

It’s not always easy to remember when your annual fee is due. With a lifetime-free credit card, you won’t have to worry about sudden fees appearing on your statement, sparing you any unpleasant surprises.

It turns out there is a whole variety of credit card options for those who dread the yearly fee waiver ritual. We’ve hand-picked some of the very best ones above.

That said, if you've already used your card's complimentary fee waiver and want to learn how to keep waiving the fee, there is a way. 😏 Check out our full Annual Fee Waiver Guide (By Banks) to find out how.

Curious about other credit cards you might be missing out on? Explore the best credit cards in Singapore on SingSaver. Don’t forget to use the Annual Fee Waiver toggle to filter for the free ones!