Glossary
A condition that may remove or reduce a card annual fee.
Definition
An annual fee waiver is a rule that can waive a card fee, often based on spend, salary, card tier, or a campaign.
Why it matters
A card with a high fee may become more useful if the waiver is realistic for your spend pattern.
Example
A card may waive the next year's fee after a stated annual spend threshold.
Important caveat
Waiver terms can change and may exclude some transaction types.
Related terms
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