Credit card annual fee waiver condition — how does it actually work?
Aarav Ranjan
Asked 12 Mar 2026
23
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
9
Urmi Malhotra·4 Apr 2026
The customer care experience matters more than people think. I've had two cards with similar rewards, and the one from the bank with better support saved me ₹18,000 when there was a merchant dispute. Don't underestimate this.
10
Rohit Saxena·2 May 2026
Honestly, the annual fee is on the higher side. But if you spend consistently on the accelerated categories, the cashback more than offsets it. I did the maths on my own statement last year and came out ahead by about ₹3,200.
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