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Is it worth paying an annual fee on a credit card?

Dev Gopal

Asked 12 Apr 2026

13

Most premium cards charge ₹5,000+ as annual fee. Are the rewards and lounge benefits worth it for someone whose monthly spend is around ₹60,000?

1 Answer

Accepted
17
Bala Jain·22 Feb 2026

Tip from someone who made this mistake: never max out the credit limit in the first 6 months. Banks track utilisation, and high utilisation right after approval often triggers a credit limit decrease or even an account review.

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