Credit card annual fee waiver condition — how does it actually work?
Samaira Biswas
Asked 14 Mar 2026
13
Banks say annual fee is waived if I spend ₹60,000 in the previous year. Does the spend include EMI, wallet loads, and reversals? Please clarify with examples.
2 Answers
Accepted
20
Ritesh Chaubey·18 Apr 2026
Two things nobody tells you: (1) GST is charged on the annual fee, so a ₹1,000 fee becomes ₹1,180. (2) Reward points usually have an expiry of 2-3 years. Set a calendar reminder to redeem before they lapse.
8
Urmi Pande·8 Apr 2026
I have had a hard time getting this card approved twice. The third time I applied after a 10% salary hike and got instant approval. Banks re-check eligibility every time. If you got rejected, improve your income proof / CIBIL and reapply after 6 months.
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