Is it worth paying an annual fee on a credit card?
Kavita Pawar
Asked 16 Apr 2026
5
Most premium cards charge ₹5,000+ as annual fee. Are the rewards and lounge benefits worth it for someone whose monthly spend is around ₹25,000?
1 Answer
19
Gaurav Joshi·31 May 2026
The 'minimum due' trap is real. Banks love it because they charge ~36-42% interest on the carried-forward amount. If you can't pay the full bill this month, pay at least 50% — anything below that and the interest eats the rewards of the next 6 months.
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