Last updated: 17 August 2026
What is the Annual Fee?
Card use karne ka saal ka kharcha. India me ₹499 (entry) se ₹66,000 (Amex Platinum Charge) tak; USA me $0-$695. Statement me "ANNUAL FEE" / "MEMBERSHIP FEE" ke roop me dikhta hai.
How to Get It Waived
- Spend-based waiver: most cards waive the fee at ₹1L–₹3L annual spends (e.g., HDFC Regalia ₹2L, Axis Flipkart ₹2L). Call customer care: "waive the fee or I'll close the card" — retention teams often agree. Points: some cards let you pay the fee with points
Fee vs Benefits Analysis
Statement ko Excel me convert karke annual benefits (cashback, points, vouchers) vs fee compare do — card worth hai ya nahi, pata chal jayega. Accounting guide me bhi ye analysis hai.
Convert your statement — free!
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Frequently Asked Questions
Q: Is credit card annual fee mandatory?
A: No — most cards waive it based on your spending, or you can request a waiver via customer care. Lifetime-free cards also exist.
Q: Which cards have no annual fee?
A: India: HDFC MoneyBack+, ICICI Amazon Pay, SBI SimplyClick (first year), IDFC First Wala. USA: Capital One Quicksilver, Citi Double Cash, Amex Blue Cash Everyday.
⚠️ Important Note: Credit card rates, fees and rules vary by bank and card (and change over time). This guide is general information — confirm details with your bank's official statement, fee schedule or customer care. Our tool only helps extract your statement data into Excel — it does not provide financial advice. Poora disclaimer read.