Best Credit Cards With No Foreign Transaction Fees

Suitesmile rating:

✍️ Short summary
Mari Credit Card gives you 1.5% cashback, great foreign exchange rates with no foreign transaction fees and it does not come with an annual fee.

Cardholders can receive 1.5% cashback on any currency spending; uncapped for SGD transactions, up to S$1,500 per calendar month (till 31 Dec 2026) for foreign currency transactions. No minimum spending is required.

The existence of this card also means that the opportunity cost of using Miles credit cards for foreign currency spending is now about 4.75%, as those cards come with around 3.25% in FX fees and no cashback.

Cardholders can also earn 1.5% Shopee coins when transacting with Mari Credit Card Instant Checkout on Shopee, but there are better miles and cashback cards for Shopee spending!

---

💸 Annual fee
No annual fee, ever

💼 Income requirement
S$30,000/year (aged 55 and below),
S$15,000/year (aged 56 and above)

🤑 Foreign transaction fee
No foreign transaction fee

❓How/When cashback is credited
Cashback amount is credited into the card immediately when the transactions post.

📜 Terms & conditions

Suitesmile rating:

✍️ Short summary
This card gives you great foreign exchange rates and unlimited free overseas ATM cash withdrawals with no cap; and it does not come with an annual fee.

To avoid interest charges on ATM cash withdrawals, follow these easy steps:

1. Apply for the Trust Link card with code V1WB7T8A
2. Apply for a Trust Savings Account through the Trust app (instant approval). There is no minimum balance, monthly fee or lock-in period to worry about!
3. Deposit money into your Savings Account
4. Pair your Trust Link card with your Savings Account before any ATM withdrawals. Withdrawn cash amount will be automatically deducted from your Savings Account

The Trust Link card comes with other unappealing benefits like 0.22% cashback on general spending and 0.5% cashback on FairPrice Group spending.

Honestly, there’s no need for this card to exist. The Trust Cashback Card does everything just as well or better.

---

💸 Annual fee
No annual fee, ever

💼 Income requirement
S$30,000/year (S’porean/PR aged 55 and below),
S$15,000/year (S’porean/PR aged 56 and above),
S$60,000/year (Foreigner)

🤑 Foreign currency fee
No foreign currency fee

📜 Terms & conditions

Suitesmile rating:

This card does not come with any foreign transaction fees and awards the following uncapped cashback on foreign transactions (until 31 Dec 2026):

1. China & Europe: 0.5% cashback
2. Other countries: 1% cashback

Cardholders can also get up to 6.4% cashback on the following categories, when spending at least S$800 on the card in a statement month:

1. Local Online (SGD), Mobile Contactless (Google Pay, Apple Pay)
2. Selected Gym, Telco and Streaming

Although UOB advertises “up to 10% cashback”, the cashback amount is capped at S$30 for the first category (S$300 worth of spending), and S$20 for the second category (S$200 worth of spending). And unfortunately, “other” spending only earns 0.3% cashback.

In other words, after spending S$300 + S$200 on the bonus categories, cardholders will need to spend at least S$300 more to meet the minimum spend of S$800, and earn just 0.3% cashback on that amount. In this best-case scenario where you spend the exact amounts, you’d receive 6.4% cashback.

This card’s key feature is foreign currency spending (no FX fees + uncapped 0.5-1% cashback with no min. spend), and since it’s not connected to the confusing and misleading “10% cashback” benefit, you can (and probably should) safely ignore the latter.

---

💸 Annual fee
S$196.20
(First year waived. Subsequent years waived if you make at least 3 transactions of any amount every month)

💼 Income requirement
S$30,000/year (S’porean/PR aged 55 and below),
S$15,000/year (S’porean/PR aged 56 and above),
S$40,000/year (Foreigner)

🤑 Foreign currency fee
0%

❓When cashback is credited
Cashback amount is credited into the card at the end of the following statement month.

📜 Terms & conditions

Suitesmile rating:

This card does not come with any foreign transaction fees and awards the following uncapped cashback on foreign transactions (until 31 Dec 2026):

1. China & Europe: 0.5% cashback
2. Other countries: 1% cashback

Cardholders can also get up to 7.59% cashback on the following categories, when spending at least S$800 on the card in a statement month:

1. Singtel & GOMO spending
2. Local Online (SGD), Mobile Contactless (Google Pay, Apple Pay)

Although UOB advertises “up to 12% cashback” as a card benefit, the 12% cashback amount is capped at just S$30 for the first category (S$250 worth of spending), and 10% cashback capped at S$30 for the second category (S$300 worth of spending). Unfortunately, “other” spending only earns 0.3% cashback.

In other words, after spending S$250 + S$300 on the bonus categories, cardholders will need to spend at least S$250 more to meet the minimum spend of S$800, and earn just 0.3% cashback on that amount. In this best-case scenario where you spend the exact amounts, you’d receive 7.59% cashback. And let’s be real, who spends S$250 on telco bills these days?

There is no other way to put it, this card is just not worth it.

---

💸 Annual fee
S$196.20
(First year waived. Subsequent years waived with 12-month recurring Singtel/GOMO bills)

💼 Income requirement
S$30,000/year (S’porean/PR aged 55 and below),
S$15,000/year (S’porean/PR aged 56 and above),
S$40,000/year (Foreigner)

🤑 Foreign currency fee
0%

❓When cashback is credited
Cashback amount is credited into the card at the end of the following statement month.

📜 Terms & conditions

Suitesmile rating:

✍️ Short summary
Mari Debit Card gives you 0.5% cashback, great foreign exchange rates with no foreign transaction fees and it does not come with an annual fee.

Cardholders can receive 0.5% cashback on any currency spending; uncapped for SGD transactions, up to S$1,500 per calendar month (till 31 Dec 2026) for foreign currency transactions. No minimum spending is required.

This card is best paired with the fuss-free Mari Savings Account which awards daily interests into your account. Unlike most savings accounts from other banks, Mari Savings Account does not have any fall-below fee.

---

💸 Annual fee
No annual fee, ever

💼 Income requirement
No income requirement

🤑 Foreign currency fee
No foreign currency fee

📜 Terms & conditions

Suitesmile rating:

✍️ Short summary
The YouTrip Card is a Debit Card and your spending limit is tied to the amount of money that you have in your YouTrip wallet.

Top-up your YouTrip wallet and withdraw cash from overseas ATMs for free, up to S$400 per calendar month. The exchange rates are usually better than what money changers are offering.

Take note that you will be charged a 2% fee for overseas ATM cash withdrawals upon exceeding the monthly limit.

YouTrip top-ups that are made via PayNow or a linked bank account can be transferred back to you own bank account at no charge.

---

💸 Annual fee
No annual fee, ever

💼 Income requirement
No income requirement

🤑 Foreign currency fee
No foreign currency fee

📜 Terms & conditions

Suitesmile rating:

✍️ Short summary
Wise Card is a Debit Card and your spending limit is tied to the amount of money that you have in your Wise account.

Top-up your Wise account and withdraw cash from overseas ATMs for free, up to S$350 and 2 withdrawals per month. The exchange rates are usually better than what money changers are offering.

Take note that you will be charged a S$1.50 + 1.75% fee for overseas ATM cash withdrawals exceeding the monthly limits.

---

💸 Annual fee
No annual fee, ever

💼 Income requirement
No income requirement

🤑 Foreign currency fee
No foreign currency fee for up to S$350 and 2 withdrawals per month. 1.75% fee upon exceeding the limit.

📜 Terms & conditions

Suitesmile rating:

✍️ Short summary
The Revolut Card is a Debit Card and your spending limit is tied to the amount of money that you have in your Revolut account.

Top-up your Revolut account via the bank transfer method to avoid fees and withdraw cash from overseas ATMs for free, up to S$350 and 5 withdrawals per rolling month.

Take note that you will be charged a 1% fee when transacting on weekends and non-Foreign Exchange Market hours (Friday 5pm to Sunday 6pm New York time).

Non-Premium cardholders will also be charged a 2% fee (min. S$1.49) for overseas ATM cash withdrawals upon exceeding the monthly limits.

---

💸 Annual fee
No annual fee, ever

💼 Income requirement
No income requirement

🤑 Foreign currency fee
No foreign currency fee on weekdays, 1% fee on weekends and non-Foreign Exchange Market hours, up to S$350 and 5 withdrawals per month. 2% fee upon exceeding the limit.

📜 Terms & conditions