By MoneyBees
Track your spend against the minimum spend your bank publishes for waiving a credit card's annual fee: how much is left, what you need each month and whether your pace gets you there. With the annual fees and waiver rules eight cards publish, read from each bank's own page.
Spend still needed
$4,000
in 5 months
Needed each month
$800
you average $857
At your pace
$10,286
enough for the waiver
You need $4,000 more in 5 months, $800 a month. At your average of $857 a month you would reach $10,286, enough to meet it.
Spending only to reach the condition costs more than the $196.20 fee it saves. Count the spending you would make anyway.
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| Card | Annual fee | First year | Later years |
|---|---|---|---|
| American Express True Cashback | S$174.40 | Waived | No condition published |
| Citi PremierMiles | S$196.20 | Waived if you pick that sign-up offer | No spend condition. A waiver can be requested, but the 10,000 renewal miles are taken back |
| DBS Live Fresh | S$196.20 | Waived | No condition published |
| HSBC Revolution | Nil | No fee | No fee |
| Maybank Family & Friends | S$196.20 | Waived for 3 years | Waived automatically with S$12,000 spend a year |
| OCBC 365 | S$196.20 | Waived for 2 years | Waived automatically with S$10,000 spend in a year from the month the card was issued |
| Standard Chartered Simply Cash | S$196.20 | Waived | No condition published |
| UOB One | S$196.20 | Waived | One UOB card: waived on request. More cards: S$5,500 on the card, S$22,000 across UOB cards or S$3,000 overseas within 11 months of the card anniversary, subject to approval |
Read from each bank's own card or fee page on 4 Oct 2026, fees with GST. Examples only, in alphabetical order, not a recommendation. Banks change these terms, so check your card's page.
Your card's S$196.20 fee is waived with S$10,000 of spend a year. After 7 months you have spent S$6,000, an average of S$857 a month.
You need S$4,000 more in 5 months, S$800 a month. At your pace you reach S$10,286 by the end of the year, enough for the waiver.
Figures checked 4 Oct 2026.
Most of the cards we checked charge S$196.20 a year for the principal card, which is S$180 plus 9% GST. American Express True Cashback charges S$174.40, and HSBC Revolution charges no annual fee.
Check what your bank publishes. Some cards waive the fee automatically above a yearly spend, such as S$10,000 for OCBC 365 and S$12,000 for Maybank Family & Friends. UOB waives on request for customers with one UOB card. Many cards publish no condition after the first year.
No bank publishes the odds, so no calculator can give them honestly. Where a bank publishes a spend condition, this tracker shows whether your spending reaches it. Where none is published, any waiver is the bank's own decision.
For seven of the eight cards we checked, the first year is waived or there is no fee. OCBC 365 waives the first two years and Maybank Family & Friends the first three. Citi PremierMiles lets you choose between a first-year waiver and more bonus miles.
On some cards. Citi says that if you ask for the PremierMiles annual fee to be waived, the 10,000 renewal bonus miles credited for paying it are taken back.
UOB's page says customers with only one UOB credit card can ask through its self-service channels and it will waive the fee. With more cards, you need S$5,500 on the card, S$22,000 across UOB cards or S$3,000 overseas within 11 months of the card anniversary, subject to approval.
Only with spending you would make anyway. Spending S$1,000 extra to save a S$196.20 fee leaves you S$803.80 worse off unless you needed what you bought.
It depends on the card. DBS Live Fresh charges S$98.10 for each supplementary card; American Express True Cashback waives the first two permanently, and Maybank Family & Friends supplementary cards are free.
These calculators provide general estimates for educational purposes only and are not personalised financial advice. Results may rely on rates and rules that change over time, so verify against official sources (IRAS, CPF Board, HDB, MAS) or consult a licensed financial adviser before making decisions.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).