This paper formalizes the notion of server-aided anonymous credentials (SAACs), a new model for anonymous credentials (ACs) where, in the process of showing a credential, the holder is helped by additional auxiliary information generated in an earlier (anonymous) interaction with the issuer. This model enables lightweight instantiations of publicly verifiable and multi-use ACs from pairing-free elliptic curves, which is important for compliance with existing national standards. A recent candidate for the EU Digital Identity Wallet, BBS#, roughly adheres to the SAAC model we have developed; however, it lacks formal security definitions and proofs. In this paper, we provide rigorous definitions of security for SAACs, and show how to realize SAACs from the weaker notion of keyed-verification ACs (KVACs) and special types of oblivious issuance protocols for zero-knowledge proofs. We instantiate this paradigm to obtain two constructions: one achieves statistical anonymity with unforgeability under the Gap q-SDH assumption, and the other achieves computational anonymity and unforgeability under the DDH assumption.