Incorporating nano-sized fillers into bio-based polyurethane (PU) foams typically enhances their properties. In present investigation, palm oil-based PU foams are fabricated with varied loadings (0 to 5 wt%) of fumed nanosilica. The foams are then characterized for their fire-retardancy, thermal stability, foam morphology, and also mechanical properties. Marginal improvement in Limiting Oxygen Index (LOI) values, as well as failure to be rated under UL-94 Vertical Combustion Test indicate limited potential of fumed silica in improving flammability of organic polymeric foams; suggesting exorbitant amount is required for any distinguishable effect to manifest. Interestingly; results from Thermogravimetry Analysis (TGA) shows marked improvements in terms of char residue with more than seven-fold increase at 5 wt% filler loading, possibly owed to the inert filler nature of fumed nanosilica forming a char barrier and acting as fuel diluent. Filled PU foams displayed an increased open-cell content, likely because the filler functioned as a cell opener. Removing the influence of density, the normalized compressive properties showed notable improvement up until a certain loading, which could be credited to the increased stiffness imparted by the filler itself. The results portray the potential of fumed nanosilica as filler for bio-based PU foams, offering enhanced thermal stability and limited fire retardancy.