Credit card annual fee waiver condition — how does it actually work?
Sandeep Mahanta
Asked 30 Mar 2026
Banks say annual fee is waived if I spend ₹2,00,000 in the previous year. Does the spend include EMI, wallet loads, and reversals? Please clarify with examples.
2 Answers
Two cards from the same bank usually share credit limit, not stack it. So if bank gives you ₹2 lakh total, splitting between two cards doesn't increase your available credit. That's a common misconception people carry when applying for their second card.
On the add-on card: yes, the primary cardholder is fully liable for all spends on the add-on. There is no separate credit limit or statement. So only issue it to someone you trust absolutely — spouse, parents. Not friends, not siblings you have money disputes with.
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