Credit card annual fee waiver condition — how does it actually work?
Tarun Patel
Asked 12 Mar 2026
-1
Banks say annual fee is waived if I spend ₹25,000 in the previous year. Does the spend include EMI, wallet loads, and reversals? Please clarify with examples.
1 Answer
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18
Ganesh Nair·18 Apr 2026
On the annual fee — most premium cards waive it if you spend ₹1.5L to ₹3L in the previous year. Wallet loads (Paytm, Amazon Pay balance) usually DON'T count. But utilities, fuel, and grocery do. Spend pattern matters more than absolute number.
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