I’ve recently applied for a Kotak credit card, but I’m wondering if there’s a way to waive off the annual fee. I know some credit cards allow you to do this based on your spending habits or meeting certain criteria. For example, I’ve heard that if you spend a certain amount in a year, you can get the annual fee waived. But, I’m not sure how much I’d need to spend or if there are any other conditions for different types of cards like Platinum Royale, White Reserve, or even the more basic ones.
Some Kotak credit cards do offer a way to waive the annual fee if you meet a certain spending threshold. For example, if you spend a minimum of ₹1-2 lakhs per year on the card, you might be able to get the fee waived. This can vary depending on the type of card you have, so it’s a good idea to check the terms and conditions for your specific card.
Another option is if you’re a premium cardholder—for cards like the Kotak White Reserve or Platinum Royale, Kotak sometimes waives the annual fee if you meet certain requirements, like spending a specific amount within the first few months after activation.
I’ve also heard that if you’ve been a loyal customer, Kotak may sometimes waive off the fee as part of their customer retention efforts. If you’re not sure, you can always give them a call at 1860 266 2666 and ask if there are any ongoing promotions or offers that can help with the fee waiver.
It’s definitely worth keeping an eye on your spending patterns, as hitting that threshold can save you from paying the annual fee altogether!
Kotak usually waives the annual fee if you spend a certain amount in a year, often around ₹1 lakh, but it varies by card. Premium cards like Platinum Royale or White Reserve might need higher spends, while basic cards have lower limits.
Some cards also waive fees through promotions or regular use. Check your card’s terms or call Kotak customer care to know your exact requirements. Using your card regularly is the best way to avoid the fee.