Glossary term
Fee Waiver Card
A fee waiver card waives the annual fee when the cardholder meets a minimum annual spend threshold, often between Rs. 50,000 and Rs. 5,00,000 depending on the card.
Related terms
- Fee Disclosure
Disclosure of all fees applicable to the card.
- Fee Reversal
Reversal of a penalty or charge.
- Fee Waiver Condition
Criteria for fee waiver.